Small Kitchen Appliances - Mexico

  • Mexico
  • In 2024, the Small Kitchen Appliances market in Mexico generated a revenue of €2.84bn.
  • It is projected to have an annual growth rate of 4.39% from 2024 to 2029 (CAGR 2024-2029).
  • Among all countries, in China leads the market with a revenue of €28,200m in 2024.
  • In terms of per household revenue, Mexico's Small Kitchen Appliances market is expected to generate €101.90 in 2024.
  • By 2029, the volume of the Small Kitchen Appliances market in Mexico is anticipated to reach 44.6m pieces units.
  • In 2025, it is expected to experience a volume growth of 0.7% units.
  • The average volume per household in the Small Kitchen Appliances market in Mexico is projected to be 1.54pieces units in 2024.
  • The demand for small kitchen appliances in Mexico is surging, as more households prioritize convenience and efficiency in their cooking routines.

Key regions: Japan, Germany, China, Worldwide, Indonesia

 
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Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on consumer spending on Household Appliances.

Modeling approach:

Market sizes are determined through a bottom-up approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use annual financial reports of the market-leading companies and industry associations, trade data, national statistical office data, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors. In addition, we use relevant key market indicators and data from country-specific associations, such as number of households, consumer spending, and price level index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques, such as exponential trend smoothing, for instance. The selection of forecasting techniques is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.

Visión general

  • Revenue
  • Key Players
  • Volume
  • Price
  • Sales Channels
  • Global Comparison
  • Methodology
  • Key Market Indicators
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