Market Insights Consumer Household Appliances Small Appliances

Small Kitchen Appliances - Myanmar

Myanmar

In 2024, the revenue in the Small Kitchen Appliances market in Myanmar reached a significant amount of US$0.48bn.
Looking ahead, the market is projected to experience an annual growth rate of 5.92% (CAGR 2024-2029).
When comparing globally, in China stands out as the largest revenue generator in this segment, with a staggering US$30,850m in 2024.
In terms of per household revenues, in Myanmar is expected to generate US$43.53 in 2024.
This figure is calculated by dividing the total revenue by the number of households in the country.
By 2029, the volume in the Small Kitchen Appliances market is estimated to reach 7.3m pieces units in Myanmar.
This indicates a volume growth of 1.9% units in 2025.
On average, each household in Myanmar is projected to have a volume of 0.61pieces units in the Small Kitchen Appliances market in 2024.
Myanmar's growing middle class is driving increased demand for small kitchen appliances, creating a lucrative market for both local and international brands.

Key regions: Canada, China, Germany, Worldwide, 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.