Market Insights Consumer Household Appliances Small Appliances

Small Kitchen Appliances - Argentina

Argentina

In 2024, the Small Kitchen Appliances market in Argentina generated a revenue of US$0.62bn.
It is projected to experience an annual growth rate of 3.32% (CAGR 2024-2029).
When compared globally, in China leads with a revenue of US$30,850m in the same year.
Considering the total number of households, the per household revenue in the Small Kitchen Appliances market reached US$58.24 in 2024.
Looking ahead, the volume of the Small Kitchen Appliances market is expected to reach 13.7m pieces by 2029.
However, there might be a slight decline in volume growth with -0.6% expected in 2025.
On average, each household in Argentina is expected to have a volume of 1.31pieces in the Small Kitchen Appliances market by 2024.
The demand for small kitchen appliances in Argentina has surged due to the increasing popularity of home cooking and baking during the COVID-19 pandemic.

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.