Market Size of Qatar Gas Hobs Industry
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*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 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 Size Summary
The Qatar gas hobs market has been experiencing a gradual growth trajectory, driven by increasing awareness of energy efficiency and a rising preference for eco-friendly cooking appliances. The shift towards gas hobs is largely attributed to their energy-efficient and sustainable nature, making them a popular choice in residential settings across urban areas. The market's expansion is further supported by the availability of natural gas at affordable prices, given Qatar's status as a major natural gas producer. This affordability, coupled with the lower maintenance costs of gas hobs compared to other cooking appliances, has encouraged widespread adoption among consumers. The residential sector has seen significant growth over the past decade, with gas hobs becoming a preferred option for many households due to their convenience and cost-effectiveness.
In the commercial sector, particularly in the hospitality industry, gas hobs are favored over electric stovetops due to their portability and efficient heat transfer properties. The increasing competition in the hospitality sector has spurred demand for sophisticated kitchen equipment, with gas hobs offering high-end performance at minimal operating costs. The market is moderately consolidated, with major players like Bosch, Lofra, La Germania, Beko, and Whirlpool holding significant shares. These companies have been actively launching new products tailored to the Middle East region, including Qatar, to cater to the growing demand. The market's growth is also supported by the rising GDP per capita and increased immigration, which have led to higher expenditure on household appliances, including gas hobs.
Qatar Gas Hobs Market Size - Table of Contents
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1. INDUSTRY DYNAMICS AND INSIGHTS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Insights on impact of technology and innovation in Operations in Gas Hobs
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1.5 Insights on Performance of Gas Hobs in Qatar
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1.6 Value Chain / Supply Chain Analysis
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1.7 Industry Attractiveness - Porters 5 Force Analysis
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1.7.1 Threat of New Entrants
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1.7.2 Bargaining Power of Buyers/Consumers
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1.7.3 Bargaining Power of Suppliers
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1.7.4 Threat of Substitute Products
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1.7.5 Intensity of Competitive Rivalry
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1.8 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Free-Standing
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2.1.2 Built-In
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2.2 By End-User
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2.2.1 Residential
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2.2.2 Commercial
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2.3 By Distribution Channel
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2.3.1 Multi-Branded Stores
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2.3.2 Exclusive Stores
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2.3.3 Online Stores
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2.3.4 Other Distribution Channels
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Qatar Gas Hobs Market Size 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.