Saudi Arabia Cooking Appliances Market Size to Reach USD 98.81 Million By 2032: Astute Analytica [Yahoo! Finance]
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Source: Yahoo! Finance
Brand reputation, reliable after-sales support, and a presence in both traditional and online retail channels are paramount for success. This dynamic market offers opportunities for those who cater to evolving needs while respecting deeply rooted culinary traditions. New Delhi, March 14, 2024 (GLOBE NEWSWIRE) -- According to the latest study by Astute Analytica, the Saudi Arabia cooking appliances market is estimated to grow from US$ 69.42 million in 2023 to US$ 98.81 million by 2032, at a CAGR of 4% during the forecast period 2024–2032. There is a strong demand for traditional appliances in Saudi Arabia. Conventional appliances that are made for methods such as stewing, roasting, and pressure cooking remain at the core of the Saudi kitchen's tools. There is a trend toward smaller households and people wanting quick meal preparation which creates opportunity for smart appliances, but it's hard to overlook the current focus on Saudi citizen's familiarity and comfort for traditional
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PHG
Earnings
- 1/29/24 - In-Line
PHG
Analyst Actions
- 2/7/24 - BNP Paribas
PHG
Sec Filings
- 3/22/24 - Form 6-K
- 2/28/24 - Form 6-K
- 2/20/24 - Form 6-K
- PHG's page on the SEC website