PROSPECTS AND OPPORTUNITIES
Connectivity and remote control, assistants in the homes of younger generations
Home laundry appliances in Mexico is projected to sustain its positive growth trajectory over the forecast period. This growth is set to be underpinned by several factors including a low penetration rate, progressive urbanisation and a recovering local economy.
Modern and compact design
Washing machines with compact design are designed to take up less space than traditional models. This makes them ideal for apartments, studios, small homes, and laundry areas with limited space, which are becoming increasingly common with ongoing urbanisation and the shift towards smaller households.
Semi-automatic washing machines will continue as a market niche
Semi-automatic washing machines tend to be less expensive than automatic ones. This makes them more accessible for those who have a limited budget or who prefer to invest less in an appliance.
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Overview:
Understand the latest market trends and future growth opportunities for the Home Laundry Appliances industry in Mexico 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.
If you're in the Home Laundry Appliances industry in Mexico, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Home Laundry Appliances in Mexico 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 Home Laundry Appliances in Mexico?
- Which are the leading brands in Mexico?
- How are products distributed in Mexico?
- 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?
Home Laundry Appliances in Mexico - Category analysis
KEY DATA FINDINGS
Ease of use and maintenance
Automatic washing machines are the favourites of Mexican consumers
Quality-price relationship a key purchasing decision factor
Connectivity and remote control, assistants in the homes of younger generations
Modern and compact design
Semi-automatic washing machines will continue as a market niche
Consumer Appliances in Mexico - Industry Overview
Consumer appliances in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer appliances?
DISCLAIMER
The following categories and subcategories are included:
Home Laundry Appliances
- 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
Home Laundry Appliances
Home laundry appliances includes the following categories: automatic dryers, automatic washing machines, automatic washer dryers and semi-automatic washing machines.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Home Laundry Appliances research and analysis database.
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