While consumers are returning to their pre-pandemic lifestyles, leaving less time for food preparation and dining at home, the home-cooking trend is still predicted to remain robust. Many consumers enjoy cooking and eating as a family.
While Controladora Mabe is the dominant player in large cooking appliances the company continued to lose share in 2022 with it facing mounting competition, including from nearest rival Whirlpool. As competition intensifies there is likely to be increased investment in new product development and marketing as players fight for share, with there still being plenty of room for growth.
Mexican brand Koblenz has been present in the market for over 60 years with it retaining a stable share in large cooking appliances throughout the review period, however it is making efforts to stake a larger claim in the category through investment in innovative new product designs. For example, Koblenz Electrica SA de CV launched a line of large cooking appliances called SuperNova, which spreads more uniform flames, heats faster and saves gas.
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Understand the latest market trends and future growth opportunities for the Large Cooking Appliances industry in Mexico with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
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Large Cooking Appliances
The large cooking appliances includes freestanding cookers, built-in ovens, built-in hobs and cooker hoods.See All of Our Definitions
This report originates from Passport, our Large Cooking Appliances research and analysis database.
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