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The Latin America small appliances market size reached around USD 11.16 Billion in 2024. The market is projected to grow at a CAGR of 7.10% between 2025 and 2034 to reach nearly USD 22.16 Billion by 2034. The market growth can be attributed to the increasing introduction of smart home appliances for nuclear families and the switch towards use of high-quality and sustainable raw materials.
Base Year
Historical Year
Forecast Year
Value in USD Billion
2025-2034
Latin America Small Appliances Market Outlook
*this image is indicative*
Latin America Small Appliances Market Report Summary |
Description |
Value |
Base Year |
USD Billion |
2024 |
Historical Period |
USD Billion |
2018-2024 |
Forecast Period |
USD Billion |
2025-2034 |
Market Size 2024 |
USD Billion |
11.16 |
Market Size 2034 |
USD Billion |
22.16 |
CAGR 2018-2024 |
Percentage |
XX% |
CAGR 2025-2034 |
Percentage |
7.10% |
CAGR 2025-2034 - Market by Country |
Mexico |
7.7% |
CAGR 2025-2034 - Market by Country |
Columbia |
7.4% |
CAGR 2025-2034 - Market by Type |
Air Fryers |
11.8% |
CAGR 2025-2034 - Market by Sales Channel |
Online/E-Commerce |
11.5% |
Rising foreign investments and economic stability are sustaining the expansion of Colombia’s real estate industry. As per industry reports, the number of residential real estate transactions in Cali (Colombian city) is expected to grow by 10% annually by 2030. Low interest rates and the availability of a wide range of choices are expected to propel the market development, thereby leading to an increase in demand for small household appliances.
Smart appliances are expected to become a common feature of smart households, thereby contributing to the Latin America small appliances market growth. In 2023, nearly 14% of all Colombian households (over 1 million) were equipped with smart devices and over 10% of individuals aged between 16-64 years owned a smart device. By 2026, revenues from intelligent home hardware systems are expected to rise to USD 12.580 million, thereby leading to market growth. Smart appliances are not only indispensable for small-size households, but they are also crucial for disabled people. Nearly 12.5% of Colombia’s population suffers from some disability and the introduction of voice-controlled home appliances can significantly enhance their confidence and mobility. This is driving the Latin America small appliances market development.
Emergence of IIoT; growing use of high-quality materials; rising focus on ergonomics; and the robust growth of e-commerce platforms are the major factors driving the Latin America small appliances market growth.
Companies like Stanley Black & Decker Facility are implementing modern IoT solutions in their production line to significantly improve their productivity. By focusing on continuous monitoring and predictive maintenance of production lines, they also plan on increasing labour productivity. This, in turn, is expected to increase Latin America small appliances market size.
To minimise their environmental impact, companies are switching towards using stainless steel and recycled plastics for manufacturing small home appliances. Moreover, companies also sourcing hypoallergenic and home safe materials to prioritise consumers’ health and children’s safety.
Lightweight and compact home appliances are expected to become exceedingly popular among consumers. Besides, appliances designed with intuitive controls and enhanced grip support structures are likely to witness widespread adoption since they enhance accessibility of use for consumers of all age groups.
The robust growth of the e-commerce sector is driving the growth of the small appliances market in Latin America as more consumers prefer online shopping for its convenience and competitive pricing. Discounts, doorstep delivery, and diverse product options available online are attracting buyers, prompting brands to strengthen their digital presence and leverage online platforms for wider reach.
Growing demand for small appliances from Brazil
Robert Bosch Group announced its decision to invest BRL 940 million in Latin America to improve its R&D capacity and production structure. This was a year-on-year growth of 16% from BRL 806 million. In 2022, the company reported earnings worth BRL 10.3 billion, recording a y-o-y growth of 11.5%. Brazil is a key market for Robert Bosch Group, responsible for nearly 74% of its sales volume (BRL 7.8 billion) in Latin America and exports to North American and European countries. Nearly 33% of its investment is aimed at developing its competencies in the Brazilian market. This is expected to surge the Latin America small appliances market revenue over the forecast period.
Increasing investments in capacity expansion by key players
With the establishment of a new appliance manufacturing plant by Electrolux Group in Brazil, the company is expected to increase its exports to Peru from 20% to 40%. Moreover, the increasing consumer focus on choosing eco-conscious brands has prompted the company to integrate smart energy and water management systems into the new factory, thereby influencing the Latin America small appliances market dynamics favourably. By focusing on reusing industrial wastewater and switching towards solar panels to minimise single-use plastic consumption, the company’s products are expected to garner rapid market traction and drive consumer demand in the coming years.
The EMR’s report titled “Latin America Small Appliances Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Breakup by Type
Breakup by Sales Channel
Breakup by Price Range
Breakup by Country
Based on type, the market is segmented into air fryers, coffee and tea makers, iron, hair styling, electric kettle, grills and roasters, juicers, mixers, grinders and blenders, toaster and sandwich maker, food processors, and vacuum cleaner, among others. As per the Latin America small appliances market analysis, the market for air fryers and coffee and tea makers is expected to grow at a CAGR of 5.6% and 5.2%, respectively, between 2025 and 2034. This can be attributed to increasing health-consciousness among consumers and the rising consumption of caffeinated beverages among people.
Based on country, the market is segmented into Brazil, Mexico, and Argentina, among others. Over the forecast period of 2025-2034, the market for small appliances in Brazil and Mexico is expected to grow at a CAGR of 5.6% and 5.2%, respectively, due to the rising consumption of home cooked foods and increasing consumer disposable incomes in the countries.
CAGR 2025-2034 - Market by |
Country |
Mexico |
7.7% |
Columbia |
7.4% |
Argentina |
XX% |
Others |
XX% |
Major players in the Latin America small appliances market are focusing on introducing energy-efficient and multifunctional products to meet evolving consumer demands. They are also leveraging e-commerce platforms and social media for wider outreach and personalised marketing. Additionally, these companies are investing in research to develop innovative, eco-friendly solutions and forming partnerships with local retailers to strengthen their regional presence.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other players included in the Latin America small appliances market report are Robert Bosch GmbH, Sunbeam Products, Inc., Koninklijke Philips N.V., Electrolux AB, Samsung Electronics Co. Ltd., Panasonic Holdings Corporation, Midea Group Co. Ltd., and IMACO, among 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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In 2024, the market reached an approximate value of USD 11.16 Billion.
The market is projected to grow at a CAGR of 7.10% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 22.16 Billion by 2034.
The different countries considered in the market report include Brazil, Mexico, and Argentina, Peru, Colombia, Ecuador, among others.
The different types of small appliances in the market are air fryers, coffee and tea makers, iron, hair styling, electric kettle, grills and roasters, juicers, mixers, grinders and blenders, toaster and sandwich maker, food processors, and vacuum cleaner, among others.
The different sales channels for small appliances in the market include hypermarkets/supermarkets, online/e-commerce, multibrand retail, and exclusive stores, among others.
The different price ranges for small appliances in Latin America are economy and premium.
Key players in the market are Robert Bosch GmbH, Stanley Black & Decker, Inc., Sunbeam Products, Inc., Hamilton Beach Brands, Inc., Koninklijke Philips N.V., Electrolux AB, Samsung Electronics Co. Ltd., Panasonic Holdings Corporation, De’Longhi S.p.A., Midea Group Co. Ltd., IMACO, and Indurama, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
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:
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Breakup by Type |
|
Breakup by Sales Channel |
|
Breakup by Price Range |
|
Breakup by Region |
|
Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Datasheet
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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