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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Mexico White Goods Market Trends
Production facilities in Mexico manufacture a range of appliances, encompassing washing machines, air conditioners, stoves, electric water heaters, and vacuum cleaners. During the year 2022, investments exceeding USD 1.15 billion were channeled by the refrigerator and washing machine manufacturers, along with other household appliance producers, into Mexico's thriving market.
The industrial zones in Mexico, particularly those situated near the northern border, have gained prominence as crucial hubs for household appliance manufacturing. The Mexico white goods market growth is influenced by factors including the strategy of nearshoring and stimulation provided by the United States-Mexico-Canada Agreement (USMCA). Approximately 25 new industrial parks were expected to be inaugurated by 2023, augmenting the overall availability of industrial spaces across Mexico. Presently, manufacturers of household appliances account for roughly 12% of the total occupied space within existing industrial areas.
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