Brazil Home Appliances Market - Growth, Trends, and Forecasts (2020 - 2025)

The Brazil Home Appliances Market is segmented by Major Appliances (Refrigerators, Freezers, Dishwashing Machines, Washing Machines, and Cookers & Ovens), Small Appliances (Vacuum Cleaners, Small Kitchen Appliances, Hair Clippers, Irons, Toasters, Grills & Roasters, and Hair Dryers), Distribution Channel (Supermarkets & Hypermarkets, Specialty Stores, E-Commerce and Others).

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

CAGR:

2.9 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

Mid 2012-2016 economic crisis has made it hard for most of the industries in Brazil to score good market sales. The home appliances industry was no exception and has been trying it’s hard to score a growth number. The poor performance of the economy is the effective purchasing power of the citizen thus making it hard for the industries to generate higher revenues. This economic uncertainty has made them prioritize their needs and altered the way they look for in products. Customers started to switch multi-functional products than the single utility and less energy and water-conserving ones. The growing global warming is also forcing customers to opt for products with less harmful emissions. Even though people who use the internet are in moderate numbers in Brazil, internet-based sales are not counting to the optimum level. The number of customers who prefers to check for different appliances online in order to make a decision on what they should purchase is high, whereas most of them prefer to buy the major appliances form different types of stores. A trend in customer behavior was observed that they prefer to purchase less pricy appliances from different online platforms where they are highly concerned to purchase the high pricy and major appliances as there is a fear of faulty functional product they might get or they have trust issues with post-sale service cannot be offered by the retailer. Many local online retailers are trying to address these concerns and are trying to gain customer trust in order to compete with the leader in this platform. In order to compete with global online platforms, local store retailers are focusing on introducing online platforms. They are also providing an option to choose a product online and get it delivered from their store and vice versa.

Scope of the Report

A complete background analysis of the Brazil Home Appliances Market, which includes an assessment of the industry associations, overall economy, and emerging market trends by segments, significant changes in the market dynamics, and market overview is covered in the report.

Major Appliances
Refrigerators
Freezers
Dishwashing Machines
Washing Machines
Cookers & Ovens
Small Appliances
Vacuum Cleaners
Small Kitchen Appliances
Hair Clippers
Irons
Toasters
Grills & Roasters
Hair Dryers
Others
Distribution Channel
Supermarkets & Hypermarkets
Specialty Stores
E-Commerce
Others

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increasing Cooking and Small Kitchen Appliances Sales are Shaping the Market

Increasing concerns of people to cook healthy are driving the market for cooking and small kitchen appliances. The changing face of the economy is also enabling the customers to spend a little on the products that can ease their daily activity. The market for cooking appliances especially for cookers is increasing. The changing family size, the younger generation moving to urban, increasing interest in health and wellness and the growing number of single-person households is also driving the market for these cooking and small kitchen appliances.

To understand key trends, Download Sample Report

Store Based Sales are Dominating the Market over e-commerce Platforms

Multi-brand stores have grabbed major sales revenue during the study period. Consumer preference can mostly be seen giving to Multi-brand stores rather than the mono-brand or dedicated brand store as they allow them to compare across the brands that are available for their estimated budget. Most of the customers dedicated themselves to certain brands when purchasing a major home appliance. This is more common in the customers that belong to the 40+ age group whereas it is recorded that millennials are more interested to experiment with brands. There will be a great scope for an increase in online-based sales when the concerns of the customers are addressed, and this will also widely depend upon the performance of the economy.  

To understand geography trends, Download Sample Report.

Competitive Landscape

The report covers major international players operating in Brazil Home Appliances Market. The home appliances market in Brazil holds a great scope for innovative products, that which make a difference from the existing ones in terms of quality. The market also holds a great scope for online retailers to penetrate by providing advanced services and additional value added services.

You can also purchase parts of this report. Do you want to check out a section wise price list?

Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS AND DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Value Chain Analysis

    5. 4.5 Porters 5 Force Analysis

    6. 4.6 Technological Innovations

  5. 5. MARKET SEGMENTATION

    1. 5.1 Major Appliances

      1. 5.1.1 Refrigerators

      2. 5.1.2 Freezers

      3. 5.1.3 Dishwashing Machines

      4. 5.1.4 Washing Machines

      5. 5.1.5 Cookers & Ovens

    2. 5.2 Small Appliances

      1. 5.2.1 Vacuum Cleaners

      2. 5.2.2 Small Kitchen Appliances

      3. 5.2.3 Hair Clippers

      4. 5.2.4 Irons

      5. 5.2.5 Toasters

      6. 5.2.6 Grills & Roasters

      7. 5.2.7 Hair Dryers

      8. 5.2.8 Others

    3. 5.3 Distribution Channel

      1. 5.3.1 Supermarkets & Hypermarkets

      2. 5.3.2 Specialty Stores

      3. 5.3.3 E-Commerce

      4. 5.3.4 Others

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Concentration Analysis

    2. 6.2 Company Profiles

      1. 6.2.1 Whirlpool Corporation

      2. 6.2.2 Electrolux AB

      3. 6.2.3 LG Electronics

      4. 6.2.4 Samsung Electronics

      5. 6.2.5 Panasonic Corporation

      6. 6.2.6 Haier Electronics Group Co. Ltd,

      7. 6.2.7 BSH Hausgeräte GmbH

      8. 6.2.8 Arcelik A.S

      9. 6.2.9 Gorenje Group

      10. 6.2.10 Mitsubishi Electric Corporation

  7. *List Not Exhaustive
  8. 7. FUTURE OF THE MARKET

  9. 8. APPENDIX

** Subject to Availability

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Related Reports