The Latin America, Middle East and Africa Household Slicer Market would witness market growth of 11.2% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 951.32 thousand units, showcasing a growth of 9.0% (2024-2031).
Online distribution is the fastest-growing channel for household slicers, driven by the convenience of home delivery, wider product variety, and competitive pricing. E-commerce platforms like Amazon and brand-specific websites provide detailed product descriptions, reviews, and easy comparison tools, empowering consumers to make informed decisions. Online sales are particularly appealing to tech-savvy consumers and those in remote areas where physical stores may be limited. Thus, 41.70 thousand units of household slicers are expected to be sold in Saudi Arabia by offline distribution channels by 2031.
The Brazil market dominated the LAMEA Household Slicer Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $17,372.3 Thousands by 2031. The Argentina market is registering a CAGR of 12% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 10.8% during (2024 - 2031).
The household slicer market has witnessed significant growth over the past decade, driven by increasing consumer demand for convenience, efficiency, and precision in food preparation. Household slicers, which come in various forms such as electric, manual, and automatic, have become essential kitchen appliances, aiding in preparing various foods, including vegetables, fruits, meats, and cheeses.
Household slicers are versatile appliances designed to simplify cutting and slicing various food items with precision and consistency. One of the most common uses of household slicers is in preparing vegetables and fruits. These slicers enable users to achieve uniform slices, essential for dishes like salads, stir-fries, and garnishes. Slicers can handle a range of produce, from cucumbers and tomatoes to apples and pineapples.
The rising retail trade in Brazil is poised to impact the household slicer market's growth significantly. According to the Brazilian government, retail trade sales increased by 1.0% in January 2024 from December 2023 in a seasonally adjusted series. In the previous month, the change had been 2.8%. Additionally, the quarterly moving average changed by 0.7% in the quarter ending in February 2024. Retail trade rose 8.2% from February 2023 in the unadjusted series, marking the ninth consecutive monthly increase. These statistics reflect a consistent and robust growth trend in Brazil’s retail sector.
Free Valuable Insights: The Worldwide Household Slicer Market is Projected to reach USD 791.26 Million by 2031, at a CAGR of 9.7%
Based on Product, the market is segmented into Manual and Automatic. Based on Distribution Channel, the market is segmented into Offline and Online. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Product (Volume, Thousand Units, USD Million, 2020-2031)
By Distribution Channel (Volume, Thousand Units, USD Million, 2020-2031)
By Country (Volume, Thousand Units, USD Million, 2020-2031)
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