The Latin America, Middle East and Africa Built-In Kitchen Appliances Market would witness market growth of 9.1% CAGR during the forecast period (2023-2030).
Built-in kitchen appliances encompass various devices designed to seamlessly blend into the kitchen's overall aesthetic, offering functionality and style. These appliances, from refrigerators and ovens to dishwashers and microwaves, are integrated into the kitchen cabinetry or countertops, providing a cohesive and space-saving solution. The applications of these extend beyond mere convenience, as they contribute significantly to modern kitchens' overall efficiency and visual appeal. One of the primary applications of built-in appliances is space optimization.
Some manufacturers are leveraging augmented reality technology to allow consumers to visualize how built-in appliances will look in their kitchens before purchasing. This innovative approach enhances the online shopping experience and helps consumers make informed decisions about integrating appliances into their kitchen designs. To maximize space and efficiency, manufacturers are developing multi-functional built-in appliances. For example, combination ovens can function as a traditional oven and a microwave or refrigerator drawer, serving as additional freezer space when needed.
As urbanization and modernization continue in Saudi Arabia, there is a growing preference for contemporary and space-efficient kitchen designs, making built-in appliances a popular choice. Integrating smart technologies into kitchen appliances is becoming more prevalent in Saudi Arabia. Consumers in Saudi Arabia may be attracted to built-in appliances that offer features like connectivity, automation, and remote control through smartphone apps. The rising disposable income has increased the demand for high-quality and technologically advanced kitchen appliances in Saudi Arabia. The factors mentioned above will drive the regional market growth.
The Brazil market dominated the LAMEA Built-In Kitchen Appliances Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $452.1 Million by 2030. The Argentina market is showcasing a CAGR of 9.7% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 8.8% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Exclusive Stores, Supermarket & Hypermarket, Online Channels, Contract Sales, and Others. Based on Application, the market is segmented into Residential, and Commercial. Based on Product Type, the market is segmented into Built-in Refrigerators, Built-in Dishwashers, Built-in Hobs, Built-in Ovens & Microwaves, Built-in Hoods, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Built-In Kitchen Appliances Markett is Projected to reach USD 24.2 Billion by 2030, at a CAGR of 7.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, AB Electrolux, Haier Smart Home Co., Ltd. (Haier Group Corporation), Whirlpool Corporation, Panasonic Holdings Corporation, LG Electronics, Inc. (LG Corporation), Elica S.p.A. (FAN S.A.), Samsung Electronics Co., Ltd. (Samsung Group), Hisense International Co., Ltd., and Arçelik A.?. (Koç Holding A.?)
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