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2019-06-18
100
Africa
Home Appliances Market in Morocco
Morocco Home Appliances market is witnessed to have rising retail sales, benefiting from the Moroccan consumer confidence on global brands & new technologies. The market is anticipated to continue its growth at a CAGR of 12.81% during the forecast period 2017-2025, reaching a market size of USD 135.87 million by the end of 2025. Moreover the economic progression in Morocco is increasing the purchasing power of consumers & their living standard on one hand and on the other hand it is paving way for the retailers to gain benefits from the tax structure & trade policies.
Morocco is shifting towards manufacturing & service industry rather than being only agricultural dependent. Moreover the country is witnessed to have been quick in adoption of technologies & new developments from across the world. Thus it provides huge opportunities to the market players for penetrating the Moroccan market with the new & advanced home devices.
The global players have established them in Morocco, but new domestic players such as Groupe SEB are emerging & giving tough competition in the light home appliances segment & soon in heavy home appliances also.
Although traditional retailing has been dominant in Morocco, but now the consumers demand for more organized retail structure, and so the hypermarkets & online retailing is taking foot in the market. Apart from the global online retailers like Amazon & Carrefour, various domestic players are large number of customers such as Marjane & Avito.
The report on ‘Morocco Home Appliances Market’ provides in-depth analysis of the market to key players including the manufacturers, retailers, key stakeholders & wholesalers of home appliances to enter or expand their business in Morocco.
Product Type (Market Size (USD), Market Share (%) & Y-O-Y Growth Rate (%)) |
Heavy Home Appliances |
Refrigerators |
Washing Machines |
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Air Conditioners |
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Dishwasher |
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Others (Cooktops, etc.) |
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Light Home Appliances |
Food Processors |
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Microwave Ovens |
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Vacuum Cleaners |
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Iron |
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Others (Kettle, Coffee Maker, etc.) |
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Pricing Model (Market Size (USD), Market Share (%) & Y-O-Y Growth Rate (%)) |
Low Priced Products |
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Medium Priced Products |
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High Priced Products |
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Distribution Channel (Market Size (USD), Market Share (%) & Y-O-Y Growth Rate (%)) |
Online Distribution |
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Offline Distribution |
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The above table represents the total home appliances market divided into various segments. These segments will be further studied by cross segmentation
Target Audience for Morocco Home Appliances Market Report
Consumer demographic includes the targeted consumers, consumer behavior analysis, consumer purchasing power analysis, user penetration rate, and consumer buying decisions & sentiments analysis. These factors help in understanding the demand & consumption pattern of the consumers & the possible developments in the product.
Morocco market is expanding at a gradual growth rate and so the competition is also growing. The report analyzes the market share concentration, key global & domestic players in the market, their company profiling, market strategies, distribution strategies, product innovation, sales & revenue analysis and their market share in each product segment.
· Market statistics such as size (USD), market share (%) and market growth CAGR (%) & more with forecast for 2017-2025.
· Present ground scenario and future opportunity prospects for the market players to analyze the target markets across the globe.
· The report also includes porter’s five force model, market attractiveness, SWOT analysis, corporate profiling, business strategies of market players and their business models.
· Morocco Home Appliances Market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.
· To understand the market dynamics the report discusses the growth factors, challenges, risk analysis, trends & opportunities in the market for the new & existing players.
A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements
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