Market Insights Consumer Household Appliances Major Appliances

Cookers & Ovens - Haiti

Haiti

In 2024, the Cookers & Ovens market in Haiti is projected to generate a revenue of US$258.00m.
It is anticipated that this market will experience an annual growth rate of 7.87% (CAGR 2024-2029).
In comparison to other countries, in China is the leading contributor to the global revenue, with an estimated amount of US$30,780m in 2024.
Considering the total number of households, it is estimated that each household in Haiti will generate a revenue of US$109.10 in 2024.
Looking ahead, the volume in the Cookers & Ovens market is expected to reach 367.9k pieces units by 2029.
This segment is also expected to demonstrate a volume growth of 3.3% in 2025.
Furthermore, the average volume per household in Haiti's Cookers & Ovens market is projected to be 0.13pieces in 2024.
Haiti's market for cookers and ovens is witnessing a surge in demand for energy-efficient models to address the country's ongoing power scarcity.

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.