The Bahrain white goods market size reached a value of approximately USD 262.2 million in 2022. The market is projected to grow at a CAGR of 5.30% between 2023 and 2028, reaching a value of nearly USD 354.7 million by 2028.
The term, white goods, is used to refer to large household appliances such as washing machines, refrigerators, air conditioners, dryers, and air purifiers, among others. These appliances are traditionally available in white colours, but nowadays they are also being introduced in different colours. They are widely used in the residential and commercial sectors.
Based on product, the market is segmented into window air conditioners, decorative-type split systems, central ACs, air handling units, variable refrigerant flow systems, fan coil units, roof tank water coolers, chest freezers, showcase refrigerators, air purifiers, and contactless handwash units. On the basis of end use, the market can be bifurcated into residential and commercial.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Bahrain white goods market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
There is a growing demand for white goods such as air conditioners, washing machines, and refrigerators in Bahrain due to increasing urbanisation and rising disposable incomes. Furthermore, with the increasing penetration of the internet, the demand for smart appliances is anticipated to surge during the forecast period.
The commercial segment is expected to hold a major portion of the Bahrain white goods market share. This can be linked to rapid urbanisation, which is propelling the development of public places such as malls and shopping centres.
Also, with the recovering tourism sector in the country after the COVID-19 pandemic and government efforts to increase the growth of tourism, the demand for white goods in commercial applications is likely to witness a healthy growth.
LG Electronics, also known as LG, is one of the largest electronics companies in the world. The company has its expertise in a variety of technological sectors since its establishment in 1958. Some of the fields the company is engaged in include home appliances and air solutions, home entertainment, and vehicle component solutions, among others.
Carrier Global Corporation is an American company founded in 1915 and currently located in the state of Florida. It is one of the leading companies in sectors such as HVAC solutions, refrigeration, and fire and security. Carrier Global Corporation operates in various countries around the world, serving both residential and commercial customers.
Daikin Industries, Ltd. is a Japanese multinational conglomerate and one of the leading companies dealing with advanced air conditioning solutions for residential, industrial, and commercial applications. The company was founded in 1924 as Åsaka Metalworking Industries LP, which was later renamed to Daikin Industries, Ltd. in 1963. It is one of the largest air conditioner manufacturers in the world, and its eco-friendly technologies are widely utilised in different sectors.
Other market players include Midea Group, Haier Group Corporation, Panasonic Corporation, Zamil Industrial, S.K.M Air Conditioning LLC, Awal Gulf Manufacturing Co., and Super General Company LLC, among others.
|Scope of the Report||
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|Breakup by Product||
|Breakup by End Use||
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Bahrain White Goods Market Analysis
8.1 Key Industry Highlights
8.2 Bahrain White Goods Historical Market (2018-2022)
8.3 Bahrain White Goods Market Forecast (2023-2028)
9 Bahrain White Goods Market by Product
9.1 Window Air Conditioners
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Decorative-Type Split Systems
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.3 Central ACs
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.4 Air Handling Units
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.5 Variable Refrigerant Flow Systems
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.6 Fan Coil Units
9.6.1 Historical Trend (2018-2022)
9.6.2 Forecast Trend (2023-2028)
9.7 Roof Tank Water Coolers
9.7.1 Historical Trend (2018-2022)
9.7.2 Forecast Trend (2023-2028)
9.8 Chest Freezers
9.8.1 Historical Trend (2018-2022)
9.8.2 Forecast Trend (2023-2028)
9.9 Showcase Refrigerators
9.9.1 Historical Trend (2018-2022)
9.9.2 Forecast Trend (2023-2028)
9.10 Air Purifiers
9.10.1 Historical Trend (2018-2022)
9.10.2 Forecast Trend (2023-2028)
9.11 Contactless Handwash Units
9.11.1 Historical Trend (2018-2022)
9.11.2 Forecast Trend (2023-2028)
10 Bahrain White Goods Market by End Use
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
11 Market Dynamics
11.1 SWOT Analysis
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Powers
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Competitive Landscape
12.1 Market Structure
12.2 Market Share by Key Players
12.3 Company Profiles
12.3.1 LG Electronics
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
12.3.2 Carrier Global Corporation
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
12.3.3 Daikin Industries, Ltd
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
12.3.4 Midea Group
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
12.3.5 Haier Group Corporation
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
12.3.6 Panasonic Corporation
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
12.3.7 Zamil Industrial
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
12.3.8 S.K.M Air Conditioning LLC
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
12.3.9 Awal Gulf Manufacturing Co.
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
12.3.10 Super General Company LLC
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
13 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Bahrain White Goods Market: Key Industry Highlights, 2018 and 2028
2. Bahrain White Goods Historical Market: Breakup by Product (USD Million), 2018-2022
3. Bahrain White Goods Market Forecast: Breakup by Product (USD Million), 2023-2028
4. Bahrain White Goods Historical Market: Breakup by End Use (USD Million), 2018-2022
5. Bahrain White Goods Market Forecast: Breakup by End Use (USD Million), 2023-2028
6. Bahrain White Goods Historical Market: Breakup by Country (USD Million), 2018-2022
7. Bahrain White Goods Market Forecast: Breakup by Country (USD Million), 2023-2028
8. Bahrain White Goods Market Structure
In 2022, the market reached an approximate value of around USD 262.2 million.
The market is expected to grow at a CAGR of 5.30% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach nearly USD 354.7 million by 2028.
The market is being driven by the rapid urbanisation and surging demand for air conditioners amid increasing temperature and humidity.
The key trends guiding the market include the rising adoption of energy-efficient technologies and the increasing development of smart white goods integrated with artificial intelligence.
The various products considered in the market report are window air conditioners, decorative-type split systems, central ACs, air handling units, variable refrigerant flow systems, fan coil units, roof tank water coolers, chest freezers, showcase refrigerators, air purifiers, and contactless handwash unit.
The significant end uses of white goods are residential and commercial.
The key players in the Bahrain white goods market include LG Electronics, Carrier Global Corporation, Daikin Industries, Ltd., Midea Group, Haier Group Corporation, Panasonic Corporation, Zamil Industrial, S.K.M Air Conditioning LLC, Awal Gulf Manufacturing Co., and Super General Company LLC, among others.
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