Mexico Home Appliance Market Report and Forecast 2025-2034

Mexico Home Appliance Market Outlook

The Mexico home appliance market size reached around USD 15.34 billion in 2024. The market is projected to grow at a CAGR of 3.9% between 2025 and 2034, reaching almost USD 21.65 billion by 2034.

Key Takeaways

• Mexico accounts for 30%-44% of total home appliances imported by the United States.

• Online distribution channels are expected to constitute a major portion of the Mexico home appliance market share.

• The demand for high-range home appliances offering customised features is expected to surge over the forecast period.

The thriving electronic manufacturing industry is a significant contributor to the Mexico home appliance market growth. This is because chips and semiconductors are driving innovations in the designing and operation of small and major home appliances, thereby enhancing customer satisfaction. For instance, smart washing machines can automatically adjust water levels and use a lesser amount of detergents to give clean clothes. Similarly, automatic vacuum cleaners can remove dust and dirt without requiring any human intervention.

Geopolitical tensions have also prompted multinational companies to shift their manufacturing bases away from countries like China to Mexico. Besides, the benefits of abundant skilled labour and Mexico’s geographical proximity to key markets like the United States and Canada make it an attractive destination for major home appliance manufacturing companies. Mexico has several free trade agreements with neighbouring states, which simplifies the intricate challenges of import and export while minimising logistical hurdles. This is expected to drive the Mexico home appliance market expansion in the coming years.

With advancements in technologies, there has been a rise in the demand for home appliances with enhanced energy efficiency, customisation, convenience, and connectivity. The development of AI-powered appliances is anticipated to further revolutionise the Mexico home appliance market in the forecast period.

Purchase the Regional Overview for USD 1099

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Market Segmentation

Mexico 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

Market Breakup by Region

• Baja California

• Northern Mexico

• The Bajío

• Central Mexico

• Pacific Coast

• Yucatan Peninsula

Key Mexico home appliance market players are Whirlpool Corporation, Samsung Electronics Co. Ltd., LG Corp., Electrolux AB, Panasonic Holdings Corp., Robert Bosch GmbH, General Electric Company, Koninklijke Philips N.V., Midea Group Co. Ltd., and Mabe, S.A. de C.V., among others.

Key Highlights of the Report