The consumer appliances industry continued to record positive growth in both value and volume sales in 2018. Sales were supported by a good economic performance.
The changing lifestyles of consumers are generating new consumption occasions. Real estate development has seen the increasing construction of apartments, reflecting the fact that single-person households are the household type with the highest rate of growth within the country.
Department stores play a dominant role in the distribution of consumer appliances in Chile. Consumers have the habit of going to these types of stores when they need to make a decision as to which product to buy.
Consumer appliances is expected to maintain positive growth in the forecast period. Major appliances will continue to benefit from the creation of new apartments; however, the space available within such households will be restricted, with a consequent effect on the types of product purchased.
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Discover the latest market trends and uncover sources of future market growth for the Consumer Appliances industry in Chile with research from Euromonitor's team of in-country analysts.
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This industry report originates from Passport, our Consumer Appliances market research database.