Press Release Description
Growing End Users' Interest and Market Accessibility Driving Brazil Small Cooking Appliances Market at a CAGR of Around 5.78%
Brazil Small Cooking Appliances Market size was estimated at USD 0.84 billion in 2024 and is anticipated to reach USD 1.1 billion by 2030. Along with that, the market is estimated to grow at a CAGR of around 5.78% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The growth in the Small Cooking Appliances Market of Brazil is attributed to constant growth in discretionary income, urbanization, and replacement of outdated appliances with smart and aesthetically superior ones. For instance, growing demand for high-end (sophisticated) coffee machines, particularly super-automatic "bean-to-cup" types. The growing sales are fuelled by Brazil’s end users' coffee-consuming habit and increasing online retail channels, which provide a good price point to the end users in the cut-throat competition.
Additionally, the demand for small kitchen appliances is rising because there are more affordable brands and models available through channels such as Amazon and AliExpress. Restoration of customs duties is favouring local retailers. The Gen Z buyers are inclined to purchase the small cooking appliances, which are aesthetically designed, integrated with smart sensors, and smart home compatible. It makes the small cooking appliances more convenient to use and in sync with contemporary kitchen styling. Therefore, increasing the sales during the forecast period.
Brazil Small Cooking Appliances Market Segmentation Analysis
Fryers Hold the Largest Market Share
Fryers are the most preferred appliances with a market share of around 40%. The demand is due to increasing purchases from the end users who are either purchasing it for the first time or want to upgrade their existing models. Air fryers are the most purchased segment under the fryers, with more than 98% market share under this segment. The ongoing purchases in this segment are due to the innovation, influencer marketing, and social media trends. Moreover, the AB class (upper middle and upper class) had already adopted the Air fryers earlier, now they are upgrading the existing models to better models, such as oven-type variants with enhanced features. The socioeconomic class C end users are now purchasing the entry-level basket-type models for the first time, which are the traditional models.
Retail Offline is the Most Preferred Distribution Channel
Department Stores and Variety Stores have the major share of around 35% in General Merchandise Stores under Non-Grocery Retailers. Most of the sales of small cooking appliances are being made through the retail offline channels, as these channels combine a market share of around 85%. The retail offline distribution channel provides customers with enough space to showcase the small cooking appliance and explain all features to the prospective buyers. The stores usually offer the latest models to the customers with interest-free instalment options, making it a way to capture the maximum market share.
Retail E-Commerce has a market share of 20%, and it has started to see growth because of increasing smartphone and internet penetration. End users enjoy online shopping convenience with an improved variety of products and competitive prices. Moreover, quick delivery options and easy payments also promote online shopping. Thus, in the coming years, sale through e-commerce channels is anticipated to surge.
Competitive Landscape
With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including Cadence Indústria & Comércio Ltda, JCS Brasil Eletrodomésticos SA, Mondial Eletrodomésticos SA, Britânia Eletrodomésticos SA, Electrolux do Brasil SA, Philips do Brasil Ltda, Arno SA, Black & Decker do Brasil Ltda, Três Corações Alimentos SA, Nestlé Brasil Ltda, and others, are looking forward to strengthening their market positions.
Key Questions Answered in the Research Report
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What key factors would propel and impede the industry across the country?
- How has the industry been evolving in terms of geography & product adoption?
- How has the competition been shaping up across the country?
- How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2020-30?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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