Major Appliances - LATAM
LATAM- Revenue in the Major Appliances market amounts to US$45.40bn in 2024. The market is expected to grow annually by 5.09% (CAGR 2024-2029).
- The market's largest segment is the segment Refrigerators with a market volume of US$13.80bn in 2024.
- In global comparison, most revenue is generated China (US$102bn in 2024).
- In relation to the total number of households, per household revenues of US$325.20 are generated in 2024.
- In the Major Appliances market, volume is expected to amount to 100.7m pieces by 2029. The Major Appliances market is expected to show a volume growth of 2.3% in 2025.0.
- The average volume per household in the Major Appliances market is expected to amount to 0.64pieces in 2024.
- Key regions:
- Germany,
- India,
- United Kingdom,
- China,
- Canada
Definition: Major appliances are typically large and durable, yet they are designed to meet the needs of households and are well-suited for use in residential settings.
Structure: The major appliances segment consists of the following subsegments:
- Refrigerators
- Freezers
- Dishwashing machines
- Washing machines
- Cookers & Ovens
- Air conditioners
Additional Information: The market comprises key performance indicators such as revenues, volume, price per unit, average revenue and volume per household, sales channels, and key players. In addition, a comparable estimates box is provided, which shows the forecasted development of the selected market from different sources.
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
- Refrigerators
- Freezers
- Diswashing machines and washing machines
- Washing machines
- Cookers and ovens
- Air conditioners
Out-Of-Scope
- Dryers
- Heating appliances
- Tankless water heaters
- Water heaters
