Small Kitchen Appliances - Peru

  • Peru
  • In 2024, the Small Kitchen Appliances market in Peru generated a revenue of €0.56bn.
  • It is anticipated that this market will experience an annual growth rate of 3.65% (CAGR 2024-2029).
  • When compared globally, in China leads the way in revenue generation with a staggering €28,310m in 2024.
  • Looking at the per household perspective, in 2024, each household in Peru is estimated to generate a revenue of €72.55 in the Small Kitchen Appliances market.
  • As for the volume of the segment, it is projected to reach 10.3m pieces by 2029.
  • In 2025, the Small Kitchen Appliances market is expected to exhibit a volume growth of 1.0%.
  • Furthermore, the average volume per household in the Small Kitchen Appliances market is predicted to be 1.28pieces in 2024.
  • Peru's growing middle class is driving demand for small kitchen appliances, with blenders and juicers being particularly popular.

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

 
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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 Consumer Insights Global 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). Survey data is reweighted for representativeness.

Visión general

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