PROSPECTS AND OPPORTUNITIES
Sustainability and energy efficiency are key factors in purchasing decisions
With consumers displaying greater environmental awareness and the quest to reduce operating costs, the forecast period is expected to see growing demand for kitchen appliances that offer a high level of energy efficiency. Driven by increasing consumer expectations, manufacturers are expected to continue to develop new technologies that improve the efficiency, precision and convenience of large kitchen appliances.
Design and customisation
The aesthetics and design of kitchen appliances will continue to be important to consumers in the forecast period, with local consumers showing a growing preference for products that are not only functional, but also aesthetically appealing and that complement the interior design of their kitchens. Increasingly, consumers are looking for appliances that fit their specific lifestyles and needs.
Advanced features and AI integration
In addition to the ability to heat and defrost food quickly, microwaves are anticipated to offer advanced features such as convection cooking, steam cooking, grilling, and sensor-based auto-cook programmes that automatically adjust time, temperature and power depending on the type of food during the forecast period. Manufacturers will continue to innovate to make microwaves easier to use and more customisable to individual user preferences.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Microwaves 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 Microwaves 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 Microwaves 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 Microwaves 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?
Microwaves in Mexico - Category analysis
KEY DATA FINDINGS
Multi-functionality in household appliances, a smart option for space optimisation
Despite everything, simple microwaves continue to be more widely available on the market
Capacity and size - options for every taste
Sustainability and energy efficiency are key factors in purchasing decisions
Design and customisation
Advanced features and AI integration
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:
Microwaves
- Built-in Microwaves
- Freestanding Microwaves
Microwaves
Microwaves use electromagnetic waves to heat food. When the waves are absorbed by water, fats or sugars, they‘re converted directly into atomic motion – or heat. Unlike conventional ovens, in which heat is conducted from the outside of the food towards the centre, the microwave‘s radio waves target the water and fat molecules evenly, throughout the food.
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 Microwaves research and analysis database.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!