Mexico’s success in the appliance industry is noteworthy. The country is a top global producer of refrigerators, washing machines, air conditioners, gas stoves, water heaters, vacuum cleaners, and other appliances.
According to the Nuevo Leon Appliance Cluster (Clelac), Mexico leads the world in producing refrigerators with freezers, is the second-largest manufacturer of washing machines with a capacity of 10 kilograms or less, and ranks third in air conditioner production.
Mexico also produces compression refrigerators, gas stoves, and electric water heaters, placing third globally in each category. Vacuum cleaners come in fourth.
International companies have established operations in Mexico, capitalizing on favorable conditions for developing and producing appliances. Clelac reports that appliance production in Mexico ranks fifth globally.
The appliance industry generates about $15 billion annually, and in 2022, investments of over $1.15 billion were made. The industry is mature, has good growth prospects, and is second only to the automotive sector, power generation, and metallic products in Mexico’s economy.
There are approximately 3,500 companies related to the appliance industry in Mexico, operating in Nuevo Leon, Mexico City, Jalisco, Chihuahua, Baja California, Queretaro, and Guanajuato.
Recent investments in new plants, expansions, and development of companies such as Samsung, Bosch, Hisense, and Whirlpool bode well for the industry’s future.
Mexico’s appliance industry is a significant global player with high rankings for several types of appliances. The industry attracts investment from major international companies and operates across several regions in Mexico.