Mexico Household Cooking Appliance Market Size & Outlook
The household cooking appliance market in Mexico is expected to reach a projected revenue of US$ 6,040.0 million by 2030. A compound annual growth rate of 5.3% is expected of Mexico household cooking appliance market from 2024 to 2030.
Revenue, 2023 (US$M)
$4,210.0
Forecast, 2030 (US$M)
$6,040.0
CAGR, 2024 - 2030
5.3%
Report Coverage
Mexico
Mexico household cooking appliance market, 2018-2030 (US$M)
Related Markets
Mexico household cooking appliance market highlights
- The Mexico household cooking appliance market generated a revenue of USD 4.2 billion in 2023 and is expected to reach USD 6.0 billion by 2030.
- The Mexico market is expected to grow at a CAGR of 5.3% from 2024 to 2030.
- In terms of segment, cooktops & cooking ranges was the largest revenue generating product in 2023.
- Ovens is the most lucrative product segment registering the fastest growth during the forecast period.
Household cooking appliance market data book summary
| Market revenue in 2023 | USD 4.2 billion |
| Market revenue in 2030 | USD 6.0 billion |
| Growth rate | 5.3% (CAGR from 2023 to 2030) |
| Largest segment | Cooktops & cooking ranges |
| Fastest growing segment | Ovens |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Cooktops & Cooking Ranges, Ovens, Specialized appliances |
| Key market players worldwide | Electrolux AB ADR, Haier Electronics Group, Koninklijke Philips NV, LG Electronics Inc ADR, Robert Bosch Engineering & Business Solutions, Samsung Electronics Co Ltd, Smeg, Whirlpool Corp, Panasonic Holdings Corp |
Other key industry trends
- In terms of revenue, Mexico accounted for 1.7% of the global household cooking appliance market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. household cooking appliance market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 6.0 billion by 2030.
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Household Cooking Appliance Market Scope
Household cooking appliance market segmentation & scope
Household Cooking Appliance Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Mexico household cooking appliance market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to household cooking appliance market will help companies and investors design strategic landscapes.
Cooktops & cooking ranges was the largest segment with a revenue share of 47.62% in 2023. Horizon Databook has segmented the Mexico household cooking appliance market based on cooktops & cooking ranges, ovens, specialized appliances covering the revenue growth of each sub-segment from 2018 to 2030.
- Mexico Household Cooking Appliance Product Outlook (Revenue, USD Million, 2018-2030)
- Cooktops & Cooking Ranges
- Gas cooktops & cooking ranges
- Electrical cooktops & cooking ranges
- Induction cooktops & cooking ranges
- Ovens
- Conventional & Convection
- Microwave
- Combination
- Specialized appliances
- Cooktops & Cooking Ranges
- Mexico Household Cooking Appliance Structure Outlook (Revenue, USD Million, 2018-2030)
- Built-in
- Freestanding
- Mexico Household Cooking Appliance Distribution Channel Outlook (Revenue, USD Million, 2018-2030)
- Brick & Mortar
- E-commerce
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Target buyers of Mexico household cooking appliance market databook
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Our clientele includes a mix of household cooking appliance market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico household cooking appliance market , including forecasts for subscribers. This country databook contains high-level insights into Mexico household cooking appliance market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico household cooking appliance market size, by product, 2018-2030 (US$M)
Mexico Household Cooking Appliance Market Outlook Share, 2023 & 2030 (US$M)
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