South & Central America Housewares Market Forecast to 2030 - Regional Analysis

Description

List of Tables

The South & Central America housewares market was valued at US$ 33,983.72 million in 2022 and is expected to reach US$ 47,873.51 million by 2030; it is estimated to record a CAGR of 4.4% from 2022 to 2030.

Rising Penetration of E-Commerce Fuels South & Central America Housewares Market

Easy access to e-commerce platforms owing to the rising adoption and reach of smartphones and the Internet, the growing purchasing power of consumers, and the convenient shopping experience provided by online retail platforms are among the major factors driving the sales of housewares through e-commerce platforms.

Consumers increasingly prefer buying housewares via online retail platforms due to the availability of various products of different brands at affordable prices with detailed product descriptions, consumer ratings & reviews, and home delivery services. During the COVID-19 pandemic, people were compelled to stay home, which resulted in an inclination toward online shopping. Thus, with the increasing penetration of e-commerce across different geographies, housewares manufacturers are focusing on enhancing their online presence by selling their end products through well-known e-commerce platforms, such as Lidl, Amazon, and Walmart. Moreover, they provide direct-to-consumer (D2C) sales services through their websites to sell products online. Hence, the rising penetration of e-commerce is expected to provide lucrative opportunities for the housewares market during the forecast period.

South & Central America Housewares Market Overview

The housewares market in South & Central America is segmented into Brazil, Argentina, and the Rest of South & Central America. Economic growth and rising disposable incomes are among the major factors driving the housewares market growth in this region. The continued proliferation of economies results in more people having higher purchasing power in a few South & Central American countries. As a result, they show readiness to spend on more lavish household items and lifestyle enhancement products. International players consolidate and conquer the South & Central American housewares market. SEB, Alluflon, Ballarani, Maspion, and Risoli are a few of the companies that rapidly innovate and introduce new designs for customers in South & Central America to remain competitive, which is supported by their multinational presence and enormous revenues earned from other markets in the world.

Cultural preferences and lifestyle changes also play a crucial role in the growth of the housewares market in South & Central America. In some countries, there is a strong emphasis on traditional craftsmanship and handmade crockeries, while in others, people prefer modern and technologically advanced home appliances. Additionally, changing lifestyles and a shift in focus on health and wellness impact the types of housewares bought by consumers. Products related to health-conscious living, such as kitchen appliances for healthy cooking or eco-friendly household items, are in demand due to this shift in lifestyle.

South & Central America Housewares Market Revenue and Forecast to 2030 (US$ Million)

South & Central America Housewares Market Segmentation

The South & Central America housewares market is segmented based on product type, distribution channel, and country. Based on product type, the South & Central America housewares market is segmented into cookware and bakeware, tableware, kitchen appliances, bathroom essentials, and others. The kitchen appliances segment held the largest market share in 2022.

In terms of distribution channel, the South & Central America housewares market is segmented into supermarkets and hypermarkets, speciality stores, online retail, and others. The supermarkets and hypermarkets segment held the largest market share in 2022.

By country, the South & Central America housewares market is categorized into Brazil, Argentina, and the Rest of South & Central America. The Rest of South & Central America dominated the South & Central America housewares market share in 2022.

Inter Ikea Holding Bv, Newell Brands Inc, BSH Hausgerate Gmbh, and Kohler Co are some of the leading players operating in the South & Central America housewares market.

Product Code: BMIRE00029936

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Market Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
3.4 Limitations and Assumptions

4. South & Central America Housewares Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
- 4.2.1 Bargaining Power of Suppliers
- 4.2.2 Bargaining Power of Buyers
- 4.2.3 Threat of New Entrants
- 4.2.4 Competitive Rivalry
- 4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
- 4.3.1 Raw Material Suppliers
- 4.3.2 Manufacturers
- 4.3.3 Distributors/Suppliers:
- 4.3.4 Distribution Channels:
- 4.3.5 End Consumers
4.4 List of Vendors

5. South & Central America Housewares Market - Key Industry Dynamics

5.1 Market Drivers
- 5.1.1 Increasing Purchase of Housewares with Rising Number of Households
- 5.1.2 Strategic Development Initiatives by Key Players
5.2 Market Restraints
- 5.2.1 Lack of Uniformity in Operations and Regulations
5.3 Market Opportunities
- 5.3.1 Rising Penetration of E-Commerce
5.4 Future Trends
- 5.4.1 Development of Smart Appliances
5.5 Impact Analysis of Drivers and Restraints

6. Housewares Market - South & Central America Market Analysis

6.1 South & Central America Housewares Market Revenue (US$ Billion), 2020 - 2030
6.2 Housewares Market Forecast and Analysis

7. South & Central America Housewares Market Analysis - Product Type

7.1 Cookware and Bakeware
- 7.1.1 Overview
- 7.1.2 Cookware and Bakeware Market Revenue and Forecast to 2030 (US$ Billion)
7.2 Tableware
- 7.2.1 Overview
- 7.2.2 Tableware Market Revenue and Forecast to 2030 (US$ Billion)
7.3 Kitchen Appliances
- 7.3.1 Overview
- 7.3.2 Kitchen Appliances Market Revenue, and Forecast to 2030 (US$ Billion)
7.4 Bathroom Essentials
- 7.4.1 Overview
- 7.4.2 Bathroom Essentials Market Revenue, and Forecast to 2030 (US$ Billion)
7.5 Others
- 7.5.1 Overview
- 7.5.2 Others Market Revenue, and Forecast to 2030 (US$ Billion)

8. South & Central America Housewares Market Analysis - Distribution Channel

8.1 Supermarkets and Hypermarkets
- 8.1.1 Overview
- 8.1.2 Supermarkets and Hypermarkets Market Revenue, and Forecast to 2030 (US$ Billion)
8.2 Specialty Stores
- 8.2.1 Overview
- 8.2.2 Specialty Stores Market Revenue, and Forecast to 2030 (US$ Billion)
8.3 Online Retail
- 8.3.1 Overview
- 8.3.2 Online Retail Market Revenue, and Forecast to 2030 (US$ Billion)
8.4 Others
- 8.4.1 Overview
- 8.4.2 Others Market Revenue, and Forecast to 2030 (US$ Billion)

9. South & Central America Housewares Market - Country Analysis

9.1 South & Central America
- 9.1.1 South & Central America Housewares Market Overview
- 9.1.2 South & Central America Housewares Market Revenue and Forecasts and Analysis - By Countries
  - 9.1.2.1 South & Central Housewares Market Breakdown by Country
  - 9.1.2.2 Brazil Housewares Market Revenue and Forecasts to 2030 (US$ Billion)
    - 9.1.2.2.1 Brazil Housewares Market Breakdown by Product Type
    - 9.1.2.2.2 Brazil Housewares Market Breakdown by Distribution Channel
  - 9.1.2.3 Argentina Housewares Market Revenue and Forecasts to 2030 (US$ Billion)
    - 9.1.2.3.1 Argentina Housewares Market Breakdown by Product Type
    - 9.1.2.3.2 Argentina Housewares Market Breakdown by Distribution Channel
  - 9.1.2.4 Rest of South & Central America Housewares Market Revenue and Forecasts to 2030 (US$ Billion)
    - 9.1.2.4.1 Rest of South & Central America Housewares Market Breakdown by Product Type
    - 9.1.2.4.2 Rest of South & Central America Housewares Market Breakdown by Distribution Channel

10. Competitive Landscape

10.1 Heat Map Analysis By Key Players

11. Company Profiles

11.1 Inter IKEA Holding BV
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
11.2 Newell Brands Inc
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
11.3 BSH Hausgerate GmbH
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
11.4 Kohler Co
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments

12. Appendix