Rising Disposable Income Coupled with Advancement in home Appliance Technology is Likely to Bolster the Growth of Middle East Home Appliance Market by 2024, Research Nester
“Middle East Home Appliance Market: Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation” The Middle East home appliance market is segmented into product type such as kitchen appliances, refrigeration appliances, washing appliances, room comfort, water heater appliances, cleaning appliances and entertainment appliances. Moreover, kitchen appliances and room comfort appliance are believed to be the fastest growing segment in overall Middle East home appliance market by the end of 2024. This growth of kitchen appliances segment is attributed to the growing adoption of smart technology to cook food. Middle East home appliance market is expected to register a 13.2% CAGR over the forecast period. Moreover, the Middle East Home Appliance Market is likely to achieve substantial revenue over the forecast period i.e. 2017-2024. The market is expected to expand on the back of rising disposable income coupled with changing life...