Heating Appliances in Mexico - New Market Report

Over the review period the weather in Mexico was cooler, mostly affected by meteorological phenomena in the Pacific and Golf coast regions, which also affected the central region. Despite Mexican consumers being unused to purchasing heating appliances, they are available in all retail channels. Their presence became more noticeable, with small-sized units fitting better in the limited space available in consumers’ homes or offices in city locations.

Competitive Landscape

The heating appliances category remained fragmented in Mexico at the end of the review period. Demotecnic de México SA de CV, NBO of De‘Longhi, remained the leading player with a retail volume share of 24%, followed closely by Birtman SA de CV, representing the brands Lasko, Heat Wave and Birtman holding 20%, and Lakewood Engineering & Mfg Corp with 9%.

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Industry Prospects

Heating appliances in Mexico is predicted to see moderate CAGRs of 4% in both retail volume and constant value terms over the forecast period. Changes in weather and lifestyles in larger cities will be the main drivers of this category in coming years.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Heating Appliances industry in Mexico with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Heating Appliances industry in Mexico, our research will save you time and money while empowering you to make informed, profitable decisions.

The Heating Appliances in Mexico market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Heating Appliances in Mexico?
* What are the major brands in Mexico?
* Are central heating units inhibiting potential growth for electric fires?
* Has innovation in panel heaters led to an upturn in fortunes for the category?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions

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