Market Insights Consumer Household Appliances Small Appliances

Small Kitchen Appliances - Seychelles

Seychelles

In 2024, the Small Kitchen Appliances market in Seychelles generated a revenue of US$1.31m.
This market is projected to grow annually at a rate of 16.65%, according to the compound annual growth rate (CAGR) between 2024 and 2029.
When compared globally, the highest revenue in the Small Kitchen Appliances market is generated in China, reaching US$30,850m in 2024.
In relation to the total number of households in Seychelles, per household revenues amount to US$53.39 in 2024.
Looking ahead, the volume in the Small Kitchen Appliances market is expected to reach 29.7k pieces by 2029.
Additionally, a volume growth of 1.1% is anticipated in 2025.
Moreover, the average volume per household in the Small Kitchen Appliances market is projected to be 1.15pieces in 2024.
The demand for small kitchen appliances in Seychelles has been steadily increasing due to a rise in urbanization and a growing interest in modern cooking techniques.

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

Market

Region

Region comparison

Currency

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.