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Report Overview

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.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • The Latin America small appliances market value is growing due to increasing urbanisation and rising disposable incomes, prompting consumers to seek timesaving and energy-efficient appliances like blenders, coffee makers, and air fryers. This demand is further fuelled by the trend of modernising kitchens and adopting smart, multifunctional devices, creating opportunities for manufacturers to introduce innovative and affordable products.
  • Growing awareness of energy efficiency and sustainability is favourably shaping the market dynamics. Consumers are increasingly opting for eco-friendly and energy-saving appliances to reduce utility bills and minimise environmental impact. This shift is encouraging manufacturers to focus on green technologies and certifications to align with customer expectations.
  • The rising popularity of home cooking and health-conscious lifestyles in Latin America is boosting demand for appliances like juicers, food processors, and air fryers. Consumers are investing in small appliances that support healthier meal preparation and convenience, driving the market growth. This trend is further supported by social media and influencer marketing promoting modern kitchen solutions.

Compound Annual Growth Rate

Value in USD Billion

7.1%

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%

Latin America Small Appliances Market Growth

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.

Key Trends and Developments

Latin America Small Appliances Market Trends

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.

Latin America Small Appliances Industry Segmentation

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

  • Air Fryers
  • Coffee and Tea Maker
  • Iron
  • Hair Styling
  • Electric Kettle
  • Grills and Roasters
  • Juicers, Mixers, Grinders and Blenders
  • Toaster and Sandwich Maker
  • Food Processors
  • Vacuum Cleaner
  • Others

Breakup by Sales Channel

  • Hypermarkets/Supermarkets
  • Online/E-Commerce
  • Multibrand Retail
  • Exclusive Stores
  • Others

Breakup by Price Range

  • Economy
  • Premium

Breakup by Country

  • Brazil
  • Mexico
  • Argentina
  • Others

Latin America Small Appliances Market Share

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%

Leading Companies in the Latin America Small Appliances Market

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.

Stanley Black & Decker, Inc.

Stanley Black & Decker, Inc. was founded in 1843 and is headquartered in Connecticut, United States. It specialises in producing pneumatic tools, consumer power tools, electrified outdoor products, and professional power tools, among other hand tools for various applications.

Hamilton Beach Brands, Inc.

Hamilton Beach Brands, Inc. was founded in 1910 and is headquartered in Virginia, United States. It ...

De’Longhi S.p.A.

De’Longhi S.p.A. was founded in 1974 and is headquartered in Treviso, Italy. It is involved in man...

Indurama

Indurama was founded in 1972 and is headquartered in Cuenca, Ecuador. It is engaged in producing and...

*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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Key Questions Answered in the Report

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.

Report Summary

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.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

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:

  • Type
  • Sales Channel
  • Price Range
  • Region
Breakup by Type
  • Air Fryers
  • Coffee and Tea Maker
  • Iron
  • Hair Styling
  • Electric Kettle
  • Grills and Roasters
  • Juicers, Mixers, Grinders and Blenders
  • Toaster and Sandwich Maker
  • Food Processors
  • Vacuum Cleaner
  • Others
Breakup by Sales Channel
  • Hypermarkets/Supermarkets
  • Online/E-Commerce
  • Multibrand Retail
  • Exclusive Stores
  • Others
Breakup by Price Range
  • Economy
  • Premium
Breakup by Region
  • Brazil
  • Mexico
  • Argentina
  • Peru
  • Colombia
  • Ecuador
  • Others
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
  • 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
  • Indurama
  • Others

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