The slide rails market for home appliances in Latin America

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According to a new report published by Allied Market Research (“Latin America Slide Rails Market for Home Appliances by Product Type and End-User: Opportunity Analysis and Industry Forecast, 2020–2027”), 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. In the home appliances market, slide rails are used for refrigerators, ovens, dishwashers and washing machines, and are available in various load bearing capacities to assist in smooth linear operations.