Consumer appliances in 2024: The big picture
Brazil has continued to be affected by an inflationary scenario in 2024, and although seeing some economic recovery, and a potentially improving economic outlook, many Brazilian consumers have continued to exhibit cautious behaviour in this year, prioritising expenditure on basic necessities, and trying to make their money last longer.
2024 key trends
After experiencing an exceptional performance in 2023, air treatment products is expected to continue to grow in Brazil in 2024, driven by the strong heatwaves that have been hitting the country. While air conditioners is set to experience an increase in popularity, with split air conditioners seeing the best performance, cooling fans remains the leading category within air treatment products, with such products favoured in the north, northeastern, and centre-west parts of Brazil.
Competitive landscape
Expecting a positive future for consumer appliances, more companies are investing heavily in Brazil. Besides Midea, which constructed a new factory in the state of Minas Gerais to support its multi-category growth in the country, Hisense, another Chinese brand which has recently arrived in Brazil, announced the expansion of its distribution network in the country.
Retailing developments
Nationwide retailers such as Casas Bahia act as a bridge to grant even consumers of a lower socioeconomic level access to goods, through their payment book options, or by financing consumer appliances via credit card without interest. However, these retailers have had more difficulties in doing so, as proposing such financing options with a low base interest rate is different to doing so with a double-digit interest rate, which is the current case.
What next for consumer appliances?
The easing of the inflation rate in Brazil, with the expectation of a lower basic interest rate, and the increase in competitivity, with several investments from long-established and new players, is expected to lead major appliances to see positive performances in both retail volume and current value terms in the forecast period.
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Overview:
Understand the latest market trends and future growth opportunities for the Consumer Appliances industry in Brazil 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 Brazil, 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 Brazil 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 Brazil?
- Which are the leading brands in Brazil?
- How are products distributed in Brazil?
- 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 Brazil
Consumer appliances in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer appliances?
DISCLAIMER
Dishwashers in Brazil
KEY DATA FINDINGS
Dishwashers grows in Brazil, as awareness increases and the competition intensifies
Investment from global players boosts the competition in dishwashers in Brazil
High costs and shrinking space in apartments barriers to dishwasher adoption
Dishwashers set for the strongest growth in major appliances as inflation eases
LG and Electrolux set to strengthen their presence in Brazil with major factory investments
Regional retailers set to capitalise on crisis affecting major chains
Home Laundry Appliances in Brazil
KEY DATA FINDINGS
Home laundry appliances rebounds to retail volume growth amidst retailer crises and increased competition
Affordable innovation: Whirlpool and Electrolux target low price range
La Niña compounds regional differences in weather, impacting home laundry appliances
Improved economic outlook set to boost sales and growth of home laundry appliances
Global brands expand production and distribution in Brazil
Regional retailers poised to gain share as nationwide retailers struggle
Large Cooking Appliances in Brazil
KEY DATA FINDINGS
Large cooking appliances returns to growth and sees increased accessibility to technology
Atlas strengthens its leadership in Brazil with a new factory and innovative product launches
Shrinking space in new apartments drives miniaturisation
Positive outlook for large cooking appliances as inflation eases and competition intensifies
Built-in hobs: Aspirational growth and strong brand loyalty
Rising investment by major players in Brazil
Microwaves in Brazil
KEY DATA FINDINGS
Microwaves maintains growth in Brazil as inflation eases and the competition intensifies
Microwaves faces challenges from air fryers and commoditisation
Midea’s new factory boosts its presence amidst rising competition in Brazil
Microwaves set for growth as economic conditions improve
Global leaders enhance their Brazilian presence
Urban space constraints likely to influence the size of microwaves
Refrigeration Appliances in Brazil
KEY DATA FINDINGS
Challenges amidst economic caution and high inflation
Retailers prioritise innovation, aiming for a higher ticket price
New challenges, with supply chain disruptions and regional weather extremes
Upcoming energy efficiency standards poised to reshape refrigeration appliances
Global players are expanding their investments in Brazil
Adapting to reverse logistics and emerging regional retail power
Air Treatment Products in Brazil
KEY DATA FINDINGS
Air treatment products continues to surge in 2024, with cooling fans dominant
Impact of La Niña: Floods, droughts, and supply chain disruptions affect air conditioners
Investment surge in air conditioners amidst heatwaves and rising economic optimism
Steady growth for air treatment products amidst persistent high temperatures and expanding product range
Expansion of global brands in air treatment products
Good prospects for affordable solutions to deal with global warming
Food Preparation Appliances in Brazil
KEY DATA FINDINGS
Price competition drives rebound amidst preference for affordable options
Shift from home baking to foodservice reduces demand for stand mixers
Britânia Eletrodomésticos sustains its leadership despite e-commerce challenges and price wars
Volume growth set to be driven by increased brand variety, with value growth limited by competitive pricing
Rising penetration of food processors to be driven by versatility and space efficiency
Mondial Eletrodomésticos expands to challenge Britânia in small appliances
Personal Care Appliances in Brazil
KEY DATA FINDINGS
Growth in personal care appliances stabilises in the post-pandemic period
Consumer loyalty to established hair care brands stays strong despite surge in new options
Campaigns expand market for male body shaving and spur retailers’ interest
Health and wellness trend set to drive growth and penetration in personal care appliances
Tax changes and e-commerce partnerships to shape dynamics of personal care appliances
Xiaomi to capitalise on growth in electric facial cleansers with import tax benefits
Small Cooking Appliances in Brazil
KEY DATA FINDINGS
Growth in 2024 driven by air fryers and hard pod coffee machines
Air fryers shines in 2024: Innovation and social media drive growth across socioeconomic levels
Mondial dominates air fryers amidst the rising competition
Growing consumer interest will fuel a positive performance
Kettles set to gain popularity beyond regional preference, driving growth and attracting new players
Rising demand for sophisticated coffee machines expected
Vacuum Cleaners in Brazil
KEY DATA FINDINGS
Growth in vacuum cleaners driven by stick models and discounted robotic vacuum cleaners
Challenge to penetration in the lower socioeconomic segments due to cost and access barriers
Electrolux expands manufacturing to strengthen its leadership in standard vacuum cleaners
Falling prices and increased competition set to drive growth in vacuum cleaners
Decline in upright vacuum cleaners set to persist, but new high power models may change its course
Robotic vacuum cleaners will face pricing pressure and consumer uncertainty
The following categories and subcategories are included:
Consumer Appliances
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- Built-In Major Appliances
- Freestanding Major Appliances
-
- Built-in Dishwashers
- Freestanding Dishwashers
-
- 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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