Market Insights Consumer Household Appliances Major Appliances

Cookers & Ovens - Gabon

Gabon

In 2024, the revenue generated in the Cookers & Ovens market in Gabon is estimated to be US$41.56m.
It is projected that the market will experience an annual growth rate of 5.62% from 2024 to 2029 (CAGR 2024-2029).
When compared globally, in China leads the market with revenue of US$30,780m in 2024.
This highlights the significant contribution of in China to the Cookers & Ovens market.
In terms of per household revenue, each household in Gabon is expected to generate US$75.16 in 2024.
This figure provides an indication of the financial impact of the Cookers & Ovens market on individual households in Gabon.
Looking ahead to 2029, the volume of the Cookers & Ovens market is projected to reach 80.9k pieces.
This represents an anticipated growth in volume of 2.8% in 2025.
These figures demonstrate the increasing demand for Cookers & Ovens market products in Gabon.
Furthermore, the average volume per household in the Cookers & Ovens market is expected to be 0.13pieces in 2024.
This metric helps to gauge the level of adoption and usage of Cookers & Ovens market products among households in Gabon.
Gabon's growing middle class is fueling a demand for modern and efficient cookers & ovens in the country.

Key regions: Japan, China, India, Germany, Indonesia

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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Consumer Insights Global Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Survey data is reweighted for representativeness.