Washing Machine Manufacturing

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Overview

This opportunity entails developing the value chain to produce Washing Machines to serve the Saudi Arabian and GCC markets.

 

Appealing demand prospects for washing machines in Saudi Arabia, and the larger GCC market:

  1. In 2018, demand for washing machines reached 1.3 million units in GCC, including about 60%, 700,000 units from Saudi Arabia
  2. Going forward, Saudi demand to reach 900,000 units per year on average
  3. Beyond Saudi Arabia, other markets within the GCC are growing

Attractive investment opportunity for washing machines:

  1. Changing consumer preferences driving demand for washing machines in Saudi Arabia
  2. Consumers in Saudi Arabia are shifting towards premium washing machines (front loading, automatic machines with dryers)
  3. On top of it, SASO standards mandate more energy efficient washing machines which will raise the average price of washing machines in Saudi Arabia

Opportunity Details

Industrial and Manufacturing
Sector
Industrial Equipment & Spare Parts
Sub sector
To be determined by the investor
Location
Demand for washing machines in KSA totals 0.7 million units per year (2018).
Investment size
Open to starting the project as soon as possible
Timeline

Investment Model

Model: Opportunity to consider different operating models:
  • 100% Private sector model

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