Slide Rails Market in Latin America for Home Appliances is expected to Expand at a Steady CAGR till 2027

Technological advancements in home appliances is a major factor that enhances the adoption of these appliances in Latin America. The surge in consumption of home appliances, in turn, propels the market growth of slide rails utilized in these appliances.

The Latin America slide rails market size for home appliances is expected to reach $1,734.4 million in 2027, from $1,307.0 million in 2019, growing at a CAGR of 3.6% from 2020 to 2027. In 2019, Brazil dominated the market, in terms of revenue, accounting for 50.3% share of the Latin America slide rails industry for home appliances.

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The Latin America slide rails market analysis for home appliances is conducted across Brazil, Argentina, Chile, and Rest of Latin America. Brazil is expected to hold the largest market share throughout the study period, and Chile is expected to grow at the fastest rate.

By product type, the market is segmented into the light-, medium-, and heavy-duty slide rails. By the end-user, the market is classified into refrigerators, ovens, dishwashers, and others. The other segment is further classified into cloth washers and laundry dryers.

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The major players operating in the Latin America slide rails industry include AB Electrolux, Elesa+Ganter, Midea Group Co., Ltd., Hettich Holding GmbH & Co. oHG, Whirlpool Corporation, THK Co., Ltd. LG Corp., Qingdao Haier Co., Ltd., Robert Bosch GmbH (Bosch Rexroth AG), and ASKO Appliances.

Slide rails are majorly manufactured using aluminum or steel, with outer coating of zinc or electroplating with other metals to prevent corrosion caused due to constant temperature change, moisture, and other external conditions. Currently, different types of slide rails are utilized for a single appliance depending on the application.

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