Kuwait White Goods Market Forecast 2023-28: Size, Share, 9.66% CAGR of and Opportunities
Kuwait White Goods Market Overview: MarkNtel Advisors recently released a detailed business study on the Kuwait White Goods Market is projected to grow at a 9.66% CAGR of around during the forecast period, i.e., 2023-28. This comprehensive report covers historical data, current market trends, market size, marketing strategies, technological innovations, upcoming technologies, emerging trends and opportunities, as well as advancements in the related industry. Possible Restraint: Decline in the Population of Migrants to Hinder the Market Growth The decline in the migrant population of the country has marginally hindered the growth of the Kuwait White Goods market. According to the World Bank, Kuwait's net migration rate fell by around 10% between 2017 & 2022, from 14.5% to 4.4%, indicating a lower proclivity for Kuwait. The high cost of living, fewer job opportunities, extreme weather conditions, and government policies are the primary reasons for minimal migrants arr...