Reports
Sale
Central America and Caribbean White Goods Market Size, Price, Trends, Forecast: By Product: Air Conditioner, Refrigerator, Washing Machine, Dishwasher, Microwave Oven, Others; By End Use: Residential, Commercial; By Distribution Channel: Hypermarkets and Supermarkets, Others; Regional Analysis; Competitive Landscape; 2024-2032
Central America and Caribbean White Goods Market Outlook
The Central America and Caribbean white goods market size reached nearly USD 39.94 billion in 2023. The market is projected to grow at a CAGR of 6.7% between 2024 and 2032 to reach a value of around USD 71.40 billion by 2032.
Key Trends in the Market
White goods refer to large electrical goods or appliances which are used in the household sector. Though they were traditionally available in white colour, they are now sold in different colours. Washing machines, refrigerators, and large electronic appliances, among others, are some examples of white goods.
- The growing expansion of home and smart appliances manufacturers across countries such as Costa Rica is driving the Central America and Caribbean white goods market growth.
- Growing sales of white goods owing to the rising disposable incomes, expanding distribution channels, and rapid urbanisation, among others, are further boosting the market demand.
- Some of the key Central America and Caribbean white goods market trends include the integration of advanced technologies like Bluetooth and WiFi connectivity in household appliances and growing research activities to develop compact home appliances.
Market Analysis
Based on product, the Central America and Caribbean white goods market segmentation includes air conditioner, refrigerator, washing machine, dishwasher, and microwave oven, among others. On the basis of end use, the market is classified into residential and commercial.
By distribution channel, the market is divided into hypermarkets and supermarkets, speciality store, retail store, and online, among others. The major countries included in the Central America and Caribbean market for white goods include Costa Rica, El Salvador, Guatemala, Panama, and the Caribbean, among others.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter’s five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the Central America and Caribbean white goods market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.
- Whirlpool Corporation
- LG Electronics
- Samsung Electronics Co. Ltd.
- Mabe Mexico AV
- Whirlpool Corporation
- AB Electrolux
- Panasonic Corporation
- Groupe SEB
- BSH Hausgeräte GmbH
- Miele & Cie. KG
- Others
Market Share by Product
Air conditioner accounts for a significant portion of the Central America and Caribbean white goods market share. This can be attributed to the warm weather conditions of certain areas in the Caribbean. In addition, extremely humid conditions and heavy rainfall in the region increase the need for air conditioners to control humidity. The robust growth of the commercial and residential sectors is anticipated to further boost the demand for air conditioners in the coming years.
Market Share by Distribution Channel
According to the Central America and Caribbean white goods market, speciality stores hold a significant share as they enable consumers to compare different models while availing product expertise from trained staff.
Meanwhile, the online segment is likely to witness a heightened growth in the forecast period, owing to the shifting preference of consumers towards convenient shopping and the rising demand for doorstep delivery.
Competitive Landscape
Whirlpool Corporation is a multinational manufacturer of home appliances, and kitchen and laundry products, such as washing machines, air conditioners, and refrigerators, among others. It was founded in 1911 and is headquartered in Michigan, the United States.
LG Electronics is a leading multinational company which manufactures display devices, home appliances, multimedia goods, electronic components, and several types of home appliances. The company was founded in 1958 and is headquartered in Seoul, South Korea.
Samsung Electronics Co. Ltd. is a multinational electronics corporation which manufactures a wide range of consumer and industrial electronic equipment and devices. It was established in 1969 and is headquartered in Suwon-Si, South Korea.
Other Central America and Caribbean white goods market players include Mabe Mexico AV, AB Electrolux, Panasonic Corporation, Groupe SEB, BSH Hausgeräte GmbH, and Miele & Cie. KG, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product |
|
| Breakup by End Use |
|
| Breakup by Distribution Channel |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Central America and Caribbean White Goods Market Overview
8.1 Key Industry Highlights
8.2 Central America and Caribbean White Goods Historical Market (2018-2023)
8.3 Central America and Caribbean White Goods Market Forecast (2024-2032)
9 Central America and Caribbean White Goods Market by Product
9.1 Air Conditioner
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Refrigerator
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Washing Machine
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Dishwasher
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Microwave Oven
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.6 Others
10 Central America and Caribbean White Goods Market by End Use
10.1 Residential
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Commercial
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Central America and Caribbean White Goods Market by Distribution Channel
11.1 Hypermarkets and Supermarkets
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Specialty Store
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Retail Store
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Online
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Central America and Caribbean White Goods Market by Country
12.1 Costa Rica
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 El Salvador
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Guatemala
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Panama
12.4.1 Historical Trend (2018-2023)
12.4.2 Forecast Trend (2024-2032)
12.5 Caribbean
12.5.1 Historical Trend (2018-2023)
12.5.2 Forecast Trend (2024-2032)
12.6 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyers Powers
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Trade Data Analysis
14.1 Major Exporting Countries
14.1.1 By Value
14.1.2 by Volume
14.2 Major Importing Countries
14.2.1 by Value
14.2.2 by Volume
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Whirlpool Corporation
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certific¬ations
15.2.2 LG Electronics
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Samsung Electronics Co. Ltd.
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Mabe Mexico AV
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 AB Electrolux
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Panasonic Corporation
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Groupe SEB
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 BSH Hausgeräte GmbH
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Miele & Cie. KG
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Central America and Caribbean White Goods Market: Key Industry Highlights, 2018 and 2032
2. Central America and Caribbean White Goods Historical Market: Breakup by Product (USD Billion), 2018-2023
3. Central America and Caribbean White Goods Market Forecast: Breakup by Product (USD Billion), 2024-2032
4. Central America and Caribbean White Goods Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Central America and Caribbean White Goods Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Central America and Caribbean White Goods Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. Central America and Caribbean White Goods Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. Central America and Caribbean White Goods Historical Market: Breakup by Country (USD Billion), 2018-2023
9. Central America and Caribbean White Goods Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Central America and Caribbean White Goods Market Structure
Key Questions Answered in the Report
The market reached a value of nearly USD 39.94 billion in 2023.
The market is estimated to grow at a CAGR of 6.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of around USD 71.40 billion by 2032.
The growing expansion of home appliances and smart appliances manufacturers, growing sales of white goods, and rising disposable incomes are the major drivers of the market.
The key trends in the market include the integration of advanced technologies, such as the incorporation of Bluetooth and WiFi connectivity, in white goods and surging research and development activities to develop compact home appliances.
Air conditioner, refrigerator, washing machine, dishwasher, and microwave oven, among others, are the different products considered in the market report.
Residential and commercial are the major end uses of white goods.
LG Electronics, Samsung Electronics Co. Ltd., Mabe Mexico AV, Whirlpool Corporation, AB Electrolux, Panasonic Corporation, Groupe SEB, BSH Hausgeräte GmbH, and Miele & Cie. KG, among others, are the key market players.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER