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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Argentina Home Appliance Market Outlook

The Argentina home appliance market size reached approximately USD 3.68 billion in 2024. The market is projected to grow at a CAGR of 5.80% between 2025 and 2034, reaching a value of around USD 6.11 billion by 2034.

Key Takeaways

  • The demand for energy-efficient domestic appliances is increasing in Argentina as consumers seek sustainable and cost-effective options.
  • The adoption of voice-assisted smart home appliances is an emerging trend, which is the result of growing digitisation and automation in the country.
  • The market is driven by factors such as increasing disposable incomes, urbanisation, and a rising emphasis on convenience and lifestyle improvement.

The home appliance sector in Argentina has witnessed significant developments driven by the increasing consumer demand for compact and energy-efficient home appliances and the integration of cutting-edge features to meet the demands of the growing tech-savvy population.

As per the Argentina home appliance market analysis, the key players in the market are strengthening their position by expanding their manufacturing capabilities and improving production facilities. The inauguration of Whirlpool's state-of-the-art production facility in Fátima, Argentina, marked a significant milestone for the company in October 2022. With an impressive investment of $52 million, this venture showcased Whirlpool's commitment to expanding its manufacturing capabilities and presence in the region.

Moreover, the surge in popularity of voice-activated smart home appliances is a notable trend that is reshaping the way individuals interact with technology. With the rapid evolution of technology and growing automation, voice assistants such as Amazon Alexa, Google Assistant, and Apple Siri have seen a surge in usage and are now being integrated into various household devices, consequently driving up the Argentina home appliance market share.

The offline sector holds a significant share of the market as it provides a diverse range of household appliances, giving buyers the flexibility to select from numerous options that cater to their requirements. Meanwhile, the online sector is projected to witness growth in Argentina's home appliance market owing to its convenience and easy accessibility. It enables consumers to compare prices across different online platforms, helping them find the most suitable deal and available discounts.

Market Segmentation

“Argentina Home Appliance Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

  • Major Appliances
    • Air Conditioners
    • Refrigerators
    • Washing Machines
    • Dishwashing Machines
    • Freezers
    • Ovens
    • Others
  • Small Appliances
    • Vacuum Cleaners
    • Grills and Roasters
    • Food Processors
    • Coffee/Tea Makers
    • Others

Market Breakup by Price Range

  • Low
  • Medium
  • High

Market Breakup by Distribution Channel

  • Online
  • Offline

Competitive Landscape

The market participants are actively investing in research and development and product innovation to enhance their offerings and gain consumer trust

  • Whirlpool Corporation
  • Samsung Electronics Co. Ltd.
  • LG Corp.
  • Electrolux AB
  • Robert Bosch GmbH
  • Koninklijke Philips N.V.
  • Midea Group Co. Ltd.
  • Hitachi Ltd.
  • Hisense International Co., Ltd. (Gorenje Group)
  • Mabe, S.A. de C.V.
  • Others

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Price Range
  • Distribution Channel
Breakup by Product
  • Major Appliances
  • Small Appliances
Breakup by Price Range
  • Low
  • Medium
  • High
Breakup by Distribution Channel
  • Online
  • Offline
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Whirlpool Corporation
  • Samsung Electronics Co. Ltd.
  • LG Corp.
  • Electrolux AB
  • Robert Bosch GmbH
  • Koninklijke Philips N.V.
  • Midea Group Co. Ltd.
  • Hitachi Ltd.
  • Hisense International Co., Ltd. (Gorenje Group)
  • Mabe, S.A. de C.V.
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market reached an approximate value of USD 3.68 billion.

The market is projected to grow at a CAGR of 5.80% between 2025 and 2034.

The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach a value of around USD 6.11 billion by 2034.

The market is driven by the integration of automation in the home appliances sector and rising disposable income.

The key trends aiding the market expansion include the rising demand for energy saving home appliances and the increasing sales of home appliances through online channels.

The significant products are major appliances and small appliances.

The different price ranges in the market are low, medium, and high.

The key players in the market are Whirlpool Corporation, Samsung Electronics Co. Ltd., LG Corp., Electrolux AB, Robert Bosch GmbH, Koninklijke Philips N.V., Midea Group Co. Ltd., Hitachi Ltd., Hisense International Co., Ltd. (Gorenje Group), and Mabe, S.A. de C.V., among others.

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