Market Insights Consumer Household Appliances Small Appliances

Grills & Roasters - Haiti

Haiti

In 2024, the Grills & Roasters market in Haiti is projected to generate a revenue of US$4.29m.
This market segment is expected to experience an annual growth rate of 7.61% (CAGR 2024-2029).
When compared globally, in the United States leads in revenue generation with US$4,047m in 2024.
In terms of per household revenues, each household is expected to generate US$1.81 in 2024.
Looking ahead to 2029, the volume in the Grills & Roasters market is anticipated to reach 119.3k pieces.
Additionally, a volume growth of 2.3% is expected in 2025.
The average volume per household in the Grills & Roasters market is projected to be 0.05pieces in 2024.
Haiti's growing demand for grills and roasters reflects the country's rich culinary traditions and emphasis on outdoor cooking.

Key regions: Europe, United Kingdom, Indonesia, China, Germany

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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.