Consumer appliances in 2024: The big picture
Consumer appliances in Argentina is set to record a double-digit decline in volume sales in 2024, with almost every category expected to register negative results in this respect. The market-wide downturn reflects the extremely challenging trading conditions that have ensued from radical reforms undertaken by the administration of President Javier Milei in an effort to break the cycle of chronic budget deficits, persistently high inflation, currency depreciation and economic crises that has plagued the country for decades.
2024 key trends
For the most part, major appliances categories have suffered the steepest falls in volume sales in 2024 because of their higher unit prices. Historically, Argentinians have purchased big-ticket items like automatic washing machines and fridge freezers as a hedge against spiralling inflation and the constant depreciation of the peso.
Competitive landscape
New San has retained the overall lead in consumer appliances in Argentina in volume terms in 2024, with fellow domestic manufacturer Liliana and multinational Philips placing second and third, respectively. Mexican group Controladora Mabe is the fourth leading player, while Arimex Importadora – another local company – rounds out the top five.
Retailing developments
Appliances and electronics specialists has remained by far the most important distribution channel for consumer appliances in Argentina in volume terms in 2024. E-commerce ranks second, with hypermarkets placing third.
What next for consumer appliances?
Consumer appliances in Argentina is expected to show an impressive return to growth in volume terms in 2025. While much will be contingent on how effective reforms adopted under President Milei continue to be and their political viability after the mid-term elections in October, demand should rebound reasonably quickly as confidence and purchasing power among consumers improve in tandem with an anticipated economic recovery and further reductions in inflation.
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Overview:
Understand the latest market trends and future growth opportunities for the Consumer Appliances industry in Argentina with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to the following key categories, where applicable:
- Dishwashers
- Home Laundry Appliances
- Large Cooking Appliances
- Microwaves
- Refrigeration Appliances
- Air Treatment Products
- Food Preparation Appliances
- Personal Care Appliances
- Small Cooking Appliances
- Vacuum Cleaners
If you're in the Consumer Appliances industry in Argentina, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Consumer Appliances in Argentina report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Consumer Appliances in Argentina?
- Which are the leading brands in Argentina?
- How are products distributed in Argentina?
- To what extent has COVID-19 and accordant macroeconomic and retail disruption impacted demand?
- How are considerations such as urban development and the rise in single-person households determining sales growth?
- Where is future growth expected to be most dynamic?
Consumer Appliances in Argentina
Consumer appliances in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer appliances?
DISCLAIMER
Dishwashers in Argentina
KEY DATA FINDINGS
Dishwashers fares slightly better than other major appliances categories in 2024
Cuts to energy subsidies reduce appeal of dishwashers for many consumers
Whirlpool surpasses Controladora Mabe to claim the top spot
Outlook is positive but household penetration rate will remain low
Demographic trends may temper growth potential
Slimline and table-top models expected to make gains
Home Laundry Appliances in Argentina
KEY DATA FINDINGS
Volume sales decline dramatically amidst massive economic upheaval
Collapse in demand compels companies to cut production and lay off workers
Controladora Mabe retains its commanding lead
Strong return to growth predicted in 2025
Semi-automatic washing machines set to continue losing ground
Large capacity automatic washing machines expected to become more popular
Large Cooking Appliances in Argentina
KEY DATA FINDINGS
Cookers shows lowest rate of volume decline as overall demand falls sharply
Escorial imposes temporary layoffs at its Mar del Plata factory
Local brands continue to dominate large cooking appliances
Volume sales expected to increase steadily after solid rebound in 2025
Electric models set to continue gaining ground in cookers
Ovens and built-in hobs predicted to grow fastest in volume terms
Microwaves in Argentina
KEY DATA FINDINGS
Growing threat from alternative appliances compounds impact of economic crisis
Most microwaves sold in Argentina are manufactured domestically
Local players BGH and New San retain the lion’s share of sales
Rebound expected in 2025 but competition from electric mini ovens will intensify
Microwaves set to lose further ground to air fryers
Health concerns will remain a significant challenge
Refrigeration Appliances in Argentina
KEY DATA FINDINGS
Demand plummets due to fallout of sweeping economic reforms
Local manufacturers reduce output and trim their workforces
Frimetal and Controladora Mabe remain the outright leaders
Rapid rebound in volume sales projected from 2025
Locally manufactured products expected to lose ground to imports
Migration to technologically advanced models will shorten replacement cycles
Air Treatment Products in Argentina
KEY DATA FINDINGS
Demand for all product types collapses amidst steep drop in purchasing power
Vast majority of air conditioners sold in Argentina are locally manufactured
Domestic players New San, Liliana and BGH retain top three positions
Recovery likely to be relatively sluggish after strong rebound in 2025
Seasonality will continue to become less pronounced
Affordability factor should temper declining trend in window air conditioners
Food Preparation Appliances in Argentina
KEY DATA FINDINGS
Food preparation appliances weathers economic storm better than most categories
Rising interest in cooking remains a key demand driver
New San retains lead as Philips continues to lose ground
Solid recovery in demand expected from 2025
Blenders and juice extractors best placed to profit from healthy eating trend
Competitive threat from kitchen robots should be limited by high unit prices
Personal Care Appliances in Argentina
KEY DATA FINDINGS
Demand plunges as consumers rein in non-essential spending
Beauty specialist retailers channel continues to make distribution gains
Arimex Importadora retains overall lead as Philips regains some ground
Relatively low unit prices and financing offers will aid recovery from 2025
Body shavers will continue to profit from changes in male grooming standards
Hair care appliances will remain the biggest category in volume terms
Small Cooking Appliances in Argentina
KEY DATA FINDINGS
Small cooking appliances is the most resilient of the main market categories
Air fryers bucks declining trend evident across consumer appliances
New San consolidates overall lead in a fragmented competitive environment
Small cooking appliances set to remain one of the better performing market areas
Air fryers will continue to expand at an impressive pace
Models with more stylish design features expected to fare well
Vacuum Cleaners in Argentina
KEY DATA FINDINGS
Stick and robotic categories prove most resilient to difficult trading conditions
Cylinder vacuum cleaners still the dominant type in volume sales terms
Visuar, New San and First Rate remain the top three players
Full recovery in volume sales anticipated by the end of 2025
Outlook is brightest for robotic vacuum cleaners
Rising pet ownership will mitigate threat posed by interior design trends
The following categories and subcategories are included:
Consumer Appliances
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- Built-In Major Appliances
- Freestanding Major Appliances
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- Built-in Dishwashers
- Freestanding Dishwashers
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- Built-in Home Laundry Appliances
- Freestanding Home Laundry Appliances
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- Built-in Automatic Dryers
- Freestanding Automatic Dryers
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- Built-in Automatic Washer Dryers
- Freestanding Automatic Washer Dryers
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- Built-in Automatic Washing Machines
- Freestanding Automatic Washing Machines
- Semi-Automatic Washing Machines
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- Built-in Large Cooking Appliances
- Freestanding Large Cooking Appliances
- Built-in Hobs
- Ovens
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- Built-in Cooker Hoods
- Freestanding Cooker Hoods
- Cookers
- Range Cookers
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- Built-in Microwaves
- Freestanding Microwaves
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- Built-in Refrigeration Appliances
- Freestanding Refrigeration Appliances
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- Built-in Electric Wine Coolers/Chillers
- Freestanding Electric Wine Coolers/Chillers
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- Built-in Freezers
- Freestanding Freezers
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- Built-in Fridge Freezers
- Freestanding Fridge Freezers
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- Built-in Fridges
- Freestanding Fridges
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- Air Purifiers
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- Portable Room Air Conditioners
- Split Air Conditioners
- Window Air Conditioners
- Air Coolers
- Cooling Fans
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- Dehumidifiers
- Humidifiers
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- Blenders
- Food Processors
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- Centrifugal Juicers
- Slow Juicers
- Mixers
- Other Food Preparation Appliances
- Heating Appliances
- Irons
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- Body Shavers
- Electric Facial Cleansers
- Hair Care Appliances
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- Battery Toothbrush Units
- Electric Toothbrush Units
- Other Oral Care Appliances
- Other Personal Care Appliances
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- Breadmakers
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- Espresso Coffee Machines
- Filter Coffee Machines
- Other Standard Coffee Machines
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- Hard Pods
- Soft Pods
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- Coffee Mills
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- Air Fryers
- Oil Based Fryers
- Electric Grills
- Electric Steamers
- Freestanding Hobs
- Kettles
- Rice Cookers
- Slow Cookers
- Other Small Cooking Appliances
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- Cylinder Vacuum Cleaners
- Handheld Vacuum Cleaners
- Stick Vacuum Cleaners
- Upright Vacuum Cleaners
- Steam Vacuum Cleaners
- Robotic Vacuum Cleaners
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Consumer Appliances
Consumer Appliances is the aggregation of major appliances and small appliances. Major appliances are an aggregate of the following categories: refrigeration appliances, home laundry appliances, dishwashers, large cooking appliances and microwaves. Small appliances are an aggregation of the following categories: food preparation appliances, small cooking appliances, vacuum cleaners, irons, personal care appliances, heating appliances and air treatment appliances.
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This report originates from Passport, our Consumer Appliances research and analysis database.
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