Microwave Ovens - North Macedonia
North Macedonia- In 2024, the revenue in the Microwave Ovens market in North Macedonia amounts to US$1.99m.
- The market is projected to grow annually by 1.62% (CAGR 2024-2029).
- When compared to the global market, United States generates the highest revenue with US$2bn in 2024.
- In terms of the total number of households, each household generates revenues of US$3.55 in 2024.
- By 2029, the volume in the Microwave Ovens market is expected to reach 17.5k pieces.
- Furthermore, the segment is expected to experience a volume growth of 0.3% in 2025.0.
- The average volume per household in the Microwave Ovens market is projected to be 0.03pieces in 2024.
- North Macedonia's market for microwave ovens is experiencing a surge in demand due to the growing urbanization and busy lifestyles of its population.
- Key regions:
- Worldwide,
- Germany,
- India,
- United Kingdom,
- Japan
Definition: A microwave oven is an electric oven that heats and cooks food by exposing it to electromagnetic radiation in the microwave frequency range. Microwave ovens can be categorized by installation method into freestanding and built-in models. Of the two, built-in microwaves generally provide more power and have additional ventilation. Moreover, microwave oven prices vary according to the features of a given device, ranging from microwave-only appliances (also known as solo microwaves) to combination ovens with grill, steam, and convection functions. Convection ovens without microwave functions, built-in combination ovens with grill, steam, and convection functions, as well as microwave oven accessories, such as microwave cookware and spare parts, are not included in this segment.
Additional information: The market comprises key performance indicators such as revenues, volume, price per unit, average revenue and volume per household, and sales channels.
Note that the volume sales only refer to B2C (business to consumer) sales, via both the offline and the online channel. The average revenue and volume per household are determined by dividing the revenues and volume by the number of households, where a household refers to a house and its occupants, regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.
For more information on the displayed data, please use the info button right next to the boxes.
In-Scope
- Countertop/freestanding microwave ovens
- Over-the-range microwave ovens
- Microwave-only appliances (solo microwaves)
- Microwaves with grill functions
Out-Of-Scope
- Convection ovens (without microwave functions)
- Built-in combination ovens (with grill, steam, and convection functions)
- Microwave oven accessories (cookware, spare parts, etc.)
