Qatar Gas Hobs Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | 3.00 % |
| Market Concentration | Medium |
Major Players.webp "Qatar Gas Hobs Market Major Players")
*Disclaimer: Major Players sorted in no particular order |
Qatar Gas Hobs Market Analysis
COVID-19 had a significant impact on the Qatar gas hobs market due to the disruption of supply chain and production of gas hobs was discontinued due to the restrictions imposed amid lockdown. Also the natural gas supply was affected at major regions in Qatar because of which the market has witnessed a dip.
The demand for gas hobs has been gradually growing in Qatar. The growth can be attributed to factors such as an increase in awareness about energy efficiency, growing demand for eco-friendly cooking appliances, and an increasing preference for gas over traditional fuel sources for home use. Although, the predominant factor for using gas hobs has been the need for energy-efficient and sustainability in Qatar. The residential market for gas hobs has seen immense growth over the past ten years with growing awareness about green environment-friendly products among consumers helping drive its popularity across urban areas. Residential gas hobs are cooking appliances that use natural gas and propane as fuel sources. They come in various sizes, shapes, and designs to cater to different usage needs of household kitchens. Moreover, natural gas-fuelled flat top ranges have become increasingly because it offers convenience during cooking efforts.
Furthermore, in commercial places such as hotels, cooking appliances are considered a significant part of the overall room service. The use of gas in hotel kitchens is more common than electric stovetops due to their portability and efficient heat transfer properties. With rising competition in the hospitality industry, there has been an increase in demand for sophisticated kitchen equipment which requires energy efficiency features such as gas hobs that provide high-end performance at minimal operating costs.
Qatar Gas Hobs Market Trends
This section covers the major market trends shaping the Qatar Gas Hobs Market according to our research experts:
High Level of Production of Natural Gas in Qatar
Qatar has always been a major producer of natural gas and it even exports it to other countries. Since it is rich in the production of gas, it is available at affordable prices. Even the gas hobs manufacturing companies have utilized this is an opportunity to make their products more viable across the country. People have also found out that using gas hobs in the kitchen was a better option among others as it is quite affordable due to relatively low price of gas and even the maintenance of gas hobs is comparatively cheaper than other alternative options available to them. The usage of gas hobs is also quite evident in Qatar in the contemporary years. This acted as a major driving factor for the increased purchase and usage of gas hobs in Qatar.
Gradual Increase of GDP which is an indicator of rise of Living Standard in Qatar
The GDP per capita in Qatar has been increasing at a constant rate in the past few years. However, in 2020 the growth registered was comparatively lower than that of the previous years due to the COVID-19 outbreak. Apart from 2020, the growth of GDP has been quite evident in all the years from 2017 to 2021. This is due to the increase in the working population and the increased standard of living in Qatar. Moreover, the rate of immigration is also increasing in Qatar due to better working opportunities across different sectors. This has increased overall expenditure on basic house appliances including kitchen appliances like gas hobs. Further, the presence of different types of Gas Hobs has attracted the customer base to spend a considerbale amount on these Gas Hobs. All these factors are expected to further substantiate the overall market in the coming years.
Qatar Gas Hobs Industry Overview
The report includes an overview of the top players in the Gas Hobs Market operating across Kuwait. The Qatar Gas Hobs Market is characterized by moderately consolidated players along with some other local players. Although the major players make more than 45% of the market, it can be infered that the market is slightly concentrated and other significant portion being occupied by the new players.
Qatar Gas Hobs Market Leaders
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Bosch
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Lofra
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La Germania
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Beko
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Whirlpool
*Disclaimer: Major Players sorted in no particular order
.webp "Qatar Gas Hobs Market Concentration")
Qatar Gas Hobs Market News
- On July 2021, Bosch launched the gas hob model PPQ7A6B90 which incorporates, manufacturing a hob in black tempered glass -which makes it look like an induction cooktop with the Flame Select system that takes the use of gas above and beyond. This appliance offers the possibility of being powered with biomethane, a type of renewable gas that turns the kitchen into a more environmentally friendly space. They were majorly targeted in the Middle East region including Qatar.
- On May 2021, Whirlpool launched the Whirlpool 5 Built-In Gas Hob-GMA9522IX. The products in this series have an integrated ignition, safety valve and single cast iron pan support to ensure maximum stability and heat retention. They were majorly focused on the Middle-East regions including Qatar and Kuwait.
Qatar Gas Hobs Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. INDUSTRY DYNAMICS AND INSIGHTS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Insights on impact of technology and innovation in Operations in Gas Hobs
- 4.5 Insights on Performance of Gas Hobs in Qatar
- 4.6 Value Chain / Supply Chain Analysis
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4.7 Industry Attractiveness - Porters 5 Force Analysis
- 4.7.1 Threat of New Entrants
- 4.7.2 Bargaining Power of Buyers/Consumers
- 4.7.3 Bargaining Power of Suppliers
- 4.7.4 Threat of Substitute Products
- 4.7.5 Intensity of Competitive Rivalry
- 4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
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5.1 By Type
- 5.1.1 Free-Standing
- 5.1.2 Built-In
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5.2 By End-User
- 5.2.1 Residential
- 5.2.2 Commercial
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5.3 By Distribution Channel
- 5.3.1 Multi-Branded Stores
- 5.3.2 Exclusive Stores
- 5.3.3 Online Stores
- 5.3.4 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
- 6.1 Market Competition Overview
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6.2 Company Profiles
- 6.2.1 Bosch
- 6.2.2 Lofra
- 6.2.3 La Germania
- 6.2.4 Beko
- 6.2.5 Whirlpool
- 6.2.6 Lagan
- 6.2.7 Matmassig
- 6.2.8 Eldslaga
- 6.2.9 Zanussi
- 6.2.10 Olsenmark*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
** Subject To AvailablityQatar Gas Hobs Industry Segmentation
A gas hob is fuelled by combustible gas primarily natural gas. A built-in hob is mounted inside the kitchen's cupboard or frame while a free-standing gas stove can be placed on any flat surface area within your cooking zone. Qatar gas hobs market is segmented in terms of by type, end-user, and distribution channel. By type, the market is segmented into free-standing and built-In. By end-user, the market is segmented into residential and commercial. By distribution channel, the market is segmented into multi-branded stores, exclusive stores, online stores, and other distribution channels.
| By Type | Free-Standing |
| Built-In | |
| By End-User | Residential |
| Commercial | |
| By Distribution Channel | Multi-Branded Stores |
| Exclusive Stores | |
| Online Stores | |
| Other Distribution Channels |
Qatar Gas Hobs Market Research FAQs
What is the current Qatar Gas Hobs Market size?
The Qatar Gas Hobs Market is projected to register a CAGR of greater than 3% during the forecast period (2024-2029)
Who are the key players in Qatar Gas Hobs Market?
Bosch, Lofra, La Germania, Beko and Whirlpool are the major companies operating in the Qatar Gas Hobs Market.
What years does this Qatar Gas Hobs Market cover?
The report covers the Qatar Gas Hobs Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Qatar Gas Hobs Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Qatar Gas Hobs Industry Report
Statistics for the 2024 Qatar Gas Hobs market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Qatar Gas Hobs analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
