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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Mexico White Goods Market Share
Based on product, refrigerators dominate the Mexico white goods market share, with smart refrigerators witnessing increased popularity
Smart refrigerators integrated with AI and IoT technology are increasingly gaining popularity in Mexico. Such refrigerators can be remotely controlled, help optimise maintenance and repair, enhance energy efficiency, and reduce the loss of cold air.
Meanwhile, occurrences of heat waves across Mexico have been significant, contributing to greater sales of air conditioners to cool down residences and reduce the risk of heat strokes.
Further, with the growing trend of sustainability, low-maintenance and energy-efficient washing machines that use less amount of water and detergent have gained preference in the country.
Based on distribution channel, hypermarkets and supermarkets account for a significant share of the Mexico white goods market
Supermarkets in Mexico conduct campaigns and provide discounts on various kinds of white goods during different seasons, attracting more sales. Hypermarkets and supermarkets such as Walmart have been focusing on expanding their presence in Mexico, meeting the growing demand for white goods.
Several electronic stores are situated in prime locations of Mexico such as New Mexico, providing greater convenience to customers seeking to buy white goods.
Increasing digitisation and the rising number of online channels across the country support the purchase of white goods through online platforms.
Mexico White Goods Market Report Snapshots
Mexico White Goods Market Size
Mexico White Goods Market Trends
Mexico White Goods Market Share
Mexico White Goods Market Regional Analysis
*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
The market attained a value of USD 11.25 billion in 2023.
The market is estimated to grow at a CAGR of 4.1% during 2024-2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 16.07 billion by 2032.
The key trends of the market include increased integration of smart technology to improve the convenience and functionality of white goods, a rise in the demand for energy-efficient appliances, and the growing popularity of compact white goods due to increasing urbanisation.
The key regional markets for white goods are Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The various distribution channels include hypermarkets and supermarkets, electronic stores, online, and others.
The major end uses considered in the market report include commercial and residential sectors.
The key players in the market include Controladora Mabe, S.A. de C.V., Whirlpool México, S. de RL de CV, Electrolux Comercial, SA de CV, Samsung Electronics México, LG Electronics Mexico, SA de CV, Carrier México, Daikin Airconditioning Mexico, S DE RL DE CV, Hamilton Beach Brands, Inc., and Panasonic de Mexico SA de CV, among others.
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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