Market Insights Consumer Household Appliances Small Appliances

Grills & Roasters - Myanmar

Myanmar

in Myanmar, a country Southeast_Asia, is also a part of the Grills & Roasters market.
In 2024, the revenue in this segment in Myanmar reaches a total of US$6.99m.
Looking ahead, it is projected that the market will experience an annual growth rate of 5.28% (CAGR 2024-2029).
When comparing the revenue generated globally, in the United States takes the lead with US$4,047m in 2024.
This showcases the significant contribution of the United States to the Grills & Roasters market on a global scale.
To put things into perspective, the per household revenue in Myanmar for 2024 amounts to US$0.63.
This figure reflects the amount of revenue generated by each household in the Grills & Roasters market.
Looking towards the future, the volume in the Grills & Roasters market is expected to reach 315.5k pieces units by 2029.
Additionally, there is an estimated volume growth of 1.5% in 2025.
These numbers highlight the increasing demand for grills and roasters within the market.
Furthermore, the average volume per household in the Grills & Roasters market is anticipated to be 0.03pieces units in 2024.
This figure demonstrates the average number of grills and roasters owned by each household in Myanmar.
Myanmar's growing middle class is driving demand for high-quality grills and roasters, fueling a surge in the market.

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.