Market Insights Consumer Household Appliances Small Appliances

Microwave Ovens - Netherlands

Netherlands

In the Netherlands, the revenue in the Microwave Ovens market is projected to reach US$82.81m in 2024.
This market is expected to grow at an annual rate of 3.87% from 2024 to 2029 (CAGR 2024-2029).
When compared globally, in the United States generates the most revenue in this segment, with a projected revenue of US$1,998m in 2024.
In terms of per household revenues, in the Netherlands is expected to generate US$10.08 in 2024.
Looking ahead, the volume in the Microwave Ovens market in the Netherlands is forecasted to reach 0.6m pieces units by 2029.
In 2025, there is an anticipated volume growth of 2.0%.
On average, each household in the Netherlands is expected to have a volume of 0.07pieces units in the Microwave Ovens market in 2024.
The Netherlands has seen a rising trend in the adoption of smart microwave ovens, with consumers seeking convenience and connectivity in their kitchen appliances.

Key regions: Worldwide, Germany, India, United Kingdom, Japan

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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.