Market size and recent performance (2009-2024)
Industry revenue has grown at a CAGR of 8.1% over the past five years, to reach an estimated $130.6bn in 2019.
Trends and Insights
- During the period, industry operators experienced an uptick in demand for industry products as a result of consumer trends in the United States
- Additional trends and insights available with purchase
Biggest companies in the Household Appliance Manufacturing in Mexico
| Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
|---|---|---|---|---|
The Whirlpool Corporation | ||||
Fisher & Paykel | ||||
Electrolux AB |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Small household appliances, Household cooking appliance manufacturing and Household refrigerator and home freezer manufacturing. Small household appliances is the largest segment of the Household Appliance Manufacturing in Mexico.
Trends and Insights
In 2019, the greatest share of industry revenue is expected to be generated from household refrigerator and home freezer manufacturing.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
The Household Appliance Manufacturing industry in Mexico is expected to benefit from broad economic improvements over the five years to 2019. Industry operators primarily manufacture kitchen and cleaning appliances typically found in residential homes. With exports accounting for an expected 78.8% of industry revenue in 2019, and with over 80.0% of exports going to the United States, industry revenue is heavily tied to consumer trends in the United States. Due to Mexico's position in this industry's supply chain, domestic trends and changes have relatively little effect on industry performance. However, trends in international trade regulations and domestic labor do significantly affect industry operators. The majority of industry operators are globalized manufacturing companies with heavy presences in both the United States and Mexico, providing industry operators with the ability to lower costs of production by shipping intermediate goods manufactured in Mexico and then sold to higher-paying consumers in the United States. Overall, industry revenue is expected to increase at an annualized rate of 8.1% to reach MXN $130.6 billion over the five years to 2019, including expected growth of 3.0% in 2019 alone.
What's included in this industry?
Manufacture household appliancesSmall household appliancesHousehold cooking appliance manufacturingHousehold refrigerator and home freezer manufacturingHousehold laundry equipment manufacturingOtherCompanies
The Whirlpool CorporationFisher & PaykelElectrolux ABPurchase this report to view all 4 major companies in this industry.
Related Terms
ENERGY STARHOUSEHOLD APPLIANCESEMICONDUCTORIndustry Code
NAICS 33521MX - Household Appliance Manufacturing in Mexico
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Real exchange rate index. This metric measures the value of the Mexican peso in relation to other foreign currencies. As the real exchange rate increases, the value of the Mex...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2009-2018) and forecast (2019-2024)
- Employees, including historical (2009-2018) and forecast (2019-2024)
- Businesses, including historical (2009-2018) and forecast (2019-2024)
- Profit, including historical (2009-2019)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
In 2019, the greatest share of industry revenue is expected to be generated from household refrigerator and home freezer manufacturing.
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2019
- Product innovation level
Charts
- Products & services segmentation in 2019
- Major market segmentation in 2019
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Establishments in the Household Appliance Manufacturing industry in Mexico are primarily located in areas that facilitate easy access to transportation routes, export destinat...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2019
Tables
- Number and share of establishments in each region in 2019
- Number and share of revenue each region accounts for in 2019
- Number and share of wages each region accounts for in 2019
- Number and share of employees in each region in 2019
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Establishment of brand names. It is important for operators to establish brand name recognition with downstream markets.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2014-2019
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The Whirlpool Corporation (Whirlpool) was founded in 1898 and is one of the world's largest manufacturers of household appliances. In 2018, the company generated $21.0 billion...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2015 through 2019
- Major companies in the industry, including market share, revenue, profit and profit margin in 2019
- Overview of The Whirlpool Corporation's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Fisher & Paykel's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Electrolux AB's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for The Whirlpool Corporation, and factors influencing its performance in the industry
- Description and key data for Fisher & Paykel, and factors influencing its performance in the industry
- Description and key data for Electrolux AB, and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Household Appliance Manufacturing industry operators are affected by many government regulations in Mexico, primarily involving tariffs on traded goods and internal environmen...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
Detailed analysis
- Demographic and macroeconomic factors influencing the industry
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2009-2024)
- IVA (2009-2024)
- Establishments (2009-2024)
- Enterprises (2009-2024)
- Employment (2009-2024)
- Exports (2009-2024)
- Imports (2009-2024)
- Wages (2009-2024)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the estimated market size of the Household Appliance Manufacturing industry in Mexico in 2019?
The market size of the Household Appliance Manufacturing industry in Mexico is $130.6bn in 2019.
How many businesses are there in the Household Appliance Manufacturing in Mexico industry in 2019?
There are 193 businesses in the Household Appliance Manufacturing industry in Mexico, which has declined at a CAGR of -1.1% between 2014 and 2019.
Has the Household Appliance Manufacturing industry in Mexico grown or declined over the past 5 years?
The market size of the Household Appliance Manufacturing industry in Mexico has been at a CAGR of 8.1% between 2014 and 2019.
What is the forecast growth of the Household Appliance Manufacturing industry in Mexico over the next 5 years?
The Household Appliance Manufacturing in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Household Appliance Manufacturing market in Mexico?
The biggest companies operating in the Household Appliance Manufacturing market in Mexico are The Whirlpool Corporation, Fisher & Paykel and Electrolux AB
What does the Household Appliance Manufacturing in Mexico include?
Manufacture household appliances and Small household appliances are part of the Household Appliance Manufacturing industry.
Which companies have the highest market share in the Household Appliance Manufacturing in Mexico?
The company holding the most market share in Mexico is The Whirlpool Corporation.
How many people are/were employed in the Household Appliance Manufacturing in Mexico in 2019?
There are 85,387 employed in the Household Appliance Manufacturing industry in Mexico 2019.
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