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The refrigerator market is forecasted to grow by USD 51.7 billion during 2024-2029, accelerating at a CAGR of 6.8% during the forecast period. The report on the refrigerator market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for energy-efficient models of commercial refrigeration equipment, inclination toward more sophisticated and advanced models of refrigerators, and increase in number of supermarkets and hypermarkets.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The refrigerator market is segmented as below:
By Product Specification
- Freezer on-top
- Freezer on-bottom
- Freezer-less
By Type
- Single door refrigerator
- Double door refrigerator
- French door refrigerator
- Others
By End-user
- Household
- Commercial
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the refrigerator market covers the following areas:
- Refrigerator Market sizing
- Refrigerator Market forecast
- Refrigerator Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product Specification
9 Market Segmentation by Type
10 Market Segmentation by End-user
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global refrigerator market: AB Electrolux, Arcelik A.S., BSH Hausgerate GmbH, DAEWOO ELECTRONICS, FRIGIDAIRE, Godrej and Boyce Manufacturing Co. Ltd., Gree Electric Appliances Inc. of Zhuhai, Haier Smart Home Co. Ltd., Hisense International Co. Ltd., Hitachi Ltd., HOSHIZAKI Corp., LG Electronics Inc., MIDEA Group Co. Ltd., Panasonic Holdings Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Sharp Corp., TCL Industries Holdings Co. Ltd., Voltas Ltd., and Whirlpool Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increasing integration of IOT in refrigerators."
According to the report, one of the major drivers for this market is the growing demand for energy-efficient models of commercial refrigeration equipment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Electrolux
- Arcelik A.S.
- BSH Hausgerate GmbH
- DAEWOO ELECTRONICS
- FRIGIDAIRE
- Godrej and Boyce Manufacturing Co. Ltd.
- Gree Electric Appliances Inc. of Zhuhai
- Haier Smart Home Co. Ltd.
- Hisense International Co. Ltd.
- Hitachi Ltd.
- HOSHIZAKI Corp.
- LG Electronics Inc.
- MIDEA Group Co. Ltd.
- Panasonic Holdings Corp.
- Robert Bosch GmbH
- Samsung Electronics Co. Ltd.
- Sharp Corp.
- TCL Industries Holdings Co. Ltd.
- Voltas Ltd.
- Whirlpool Corp.
