The Latin America microwave ovens market is poised for slight advancement, with expectations of rising from USD 1,679.0 million in 2023 to USD 2,146.9 million by 2029, capturing a CAGR of 4.2% during the forecast period. In Latin America, microwave ovens are gaining popularity due to an increasing preference for convenience and faster meal preparation. As disposable incomes rise and urban populations expand, consumers are seeking more efficient cooking solutions. Furthermore, the growing influence of Western culinary practices, where microwave use is widespread, is helping to boost the adoption of microwave ovens across the region.
This report provides a thorough assessment of the Latin America microwave ovens industry, presenting key market data including historical performance, growth trends, and future outlooks. It delves into various market segments and sub-segments, with a focus on important factors like product, technology, distribution channel and country. Through this detailed assessment, the report helps uncover the growth potential of the microwave ovens industry.
Market Segmentation
The Latin America microwave ovens market is categorized into the following segments:
Product: built-in microwaves, freestanding microwaves
Technology: smart, non-smart
Distribution channel: supermarkets and hypermarkets, department stores, electronics stores, e-commerce, others
Country: Argentina, Brazil, Chile, Colombia, Mexico, others
The microwave ovens market in Latin America is segmented across product, technology, distribution channel and country. The categorization of the market by product includes built-in microwaves, and freestanding microwaves. Technology categories include smart, and non-smart. Distribution channel segments encompass supermarkets and hypermarkets, department stores, electronics stores, e-commerce, and others. Geographically, the market spans Argentina, Brazil, Chile, Colombia, Mexico, and others.
Competitive Landscape
Prominent players in the microwave ovens market include Winia Group, Whirlpool Corporation, Ursus Trotter S.A., The Samsung Group, Robert Thomas Metall- und Elektrowerke GmbH & Co. KG, Panasonic Corporation, New San S.A., Midea Group Co. Ltd., LG Corporation, Industrias Haceb S.A., Hisense Group Co. Ltd., Haier Group Corporation, Electrolux AB, Controladora Mabe S.A. de C.V. and BGH S.A.
This comprehensive report analyzes the performance of leading companies in the microwave ovens sector from 2019 to 2023. The findings highlight shifts in market share, revealing both established market leaders and emerging competitors.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Latin America Microwave Ovens Market – Product Analysis
Latin America Microwave Ovens Market – Technology Analysis
Latin America Microwave Ovens Market – Distribution Channel Analysis
Latin America Microwave Ovens Market – Country Analysis
Key Players and Market Share
– Winia Group
– Whirlpool Corporation
– Ursus Trotter S.A.
– The Samsung Group
– Robert Thomas, Metall- und Elektrowerke GmbH & Co. KG
– Panasonic Corporation
– New San S.A.
– Midea Group Co., Ltd.
– LG Corporation
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Latin America Microwave Ovens Market 2019-2029
Chart Latin America Microwave Ovens Market, Net Growth, 2019-2029
Chart Latin America Microwave Ovens Market, Growth Rates, 2019-2029
Table Latin America Microwave Ovens Market by Product, 2019-2029
Chart Latin America Microwave Ovens Market by Product, CAGR Historic and Forecast, 2019-2029
Chart Latin America Microwave Ovens Market by Product, 2019-2029
Table Latin America Microwave Ovens Market by Technology, 2019-2029
Chart Latin America Microwave Ovens Market by Technology, CAGR Historic and Forecast, 2019-2029
Chart Latin America Microwave Ovens Market by Technology, 2019-2029
Table Latin America Microwave Ovens Market by Distribution Channel, 2019-2029
Chart Latin America Microwave Ovens Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Latin America Microwave Ovens Market by Distribution Channel, 2019-2029
Table Latin America Microwave Ovens Market by Country, 2019-2029
Chart Latin America Microwave Ovens Market by Country, CAGR Historic and Forecast, 2019-2029
Chart Latin America Microwave Ovens Market by Country, 2019-2029
Table Latin America Microwave Ovens Market Share (%), by Companies, 2019-2023
Chart Latin America Microwave Ovens Market, by Companies, 2023
Table Latin America Microwave Ovens Market Share (%), by Brands, 2019-2023
Chart Latin America Microwave Ovens Market, by Brands, 2023
Table Latin America – Population (Millions) and Forecast
Table Latin America – Consumer Price Index (CPI) and Forecast
Table Latin America – Gross Domestic Product and Forecast
Table Latin America Microwave Ovens Market: Spend as a Proportion of GDP (%)
Table Latin America Microwave Ovens Market: Consumption per Capita (Population)
Companies Mentioned
Winia Group
Whirlpool Corporation
Ursus Trotter S.A.
The Samsung Group
Robert Thomas, Metall- und Elektrowerke GmbH & Co. KG
Panasonic Corporation
New San S.A.
Midea Group Co., Ltd.
LG Corporation
Industrias Haceb S.A.
Hisense Group Co., Ltd.
Haier Group Corporation
Electrolux AB
Controladora Mabe S.A. de C.V.
BGH S.A.