In 2023, the Group had sales of 29 billion SEK in the region, equivalent to over 21 % of total Group sales. Main brands in the region are Electrolux, Fensa, Frigidaire, Continental, Gafa and Mademsa. The Group has approx. 8,400 employees in Latin America.
Market characteristics & Electrolux Group position
- Brazil is the largest appliance market in the region, dominated by a few major manufacturers.
- Market penetration for built-in products and air-conditioners remains low but increases.
- Consumers in the region show an increasing interest for energy and water efficiency and other sustainability related topics.
- The Group is a leading player in Brazil, and holds strong positions in Chile and Argentina, with Electrolux brand leadership in several key categories.