With a more manageable inventory replacement scenario for manufacturers and retailers, and the easing of the inflation rate’s weight on consumer pocket, it is expected that the local market will return to a steady growth scenario both in volume and value terms in the forecast period. The recent pricing competition encouraged consumers to anticipate their need to replace appliances, which will have a dampening effect on replacements in the near future, with sales growth thus briefly undermined by recent sales peaks but likely to recover as the forecast period continues.
With the potential to continue to increase its penetration in Chilean households, the freezers subcategory is expected to put in a particularly strong performance in the forecast period. The growth of freezers will be driven, in part, by the strong pricing strategy being implemented by Midea, which is expected to lead the company to continue to gain share.
One of the most modern solid residue treatment facilities in Latin America has been inaugurated in Chile. This came six months after the beginning of the packaging phase of the mandatory solid residue treatment process established by the EPR (Extended Producer Responsibility) Law, which addresses electronic residuals and makes manufacturers responsible for the disposal or recycling of the materials they import or produce, for both appliances and packaging.
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Understand the latest market trends and future growth opportunities for the Refrigeration Appliances industry in Chile 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.
If you're in the Refrigeration Appliances industry in Chile, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Refrigeration Appliances
Refrigeration appliances considers built-in and freestanding major appliances in the following categories: fridge freezers, fridges, freezers and electric wine coolers chillers.
See all of our definitionsThis report originates from Passport, our Refrigeration Appliances research and analysis database.
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