Household Refrigerators and Freezers Market – Global Industry Analysis and Forecast (2023-2029)

Household Refrigerators and Freezers Market size is expected to reach US$ 126.16 Bn by 2029, at a CAGR of 4.5% during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region. Household Refrigerators and Freezers MarketTo Know About The Research Methodology :- Request Free Sample Report Report estimates the growth rate and the Household Refrigerators and Freezers Market value based on market dynamics. The complete knowledge is based on the latest industry news, opportunities, and trends. Increasing investments in innovation of refrigerators units and growing income levels coupled with a decline in product costs with high specifications availability are some of the key trends stimulating market growth. The refrigerator and freezer market is growing progressively with significant growth in rising consumer spending power and ease of financing schemes. Increasing inclination towards sophisticated brands is also expected to bolster the growth of the market over the coming years. Major initiatives by government in the rural electrification will also support the increasing demand for appliances. Affordable direct cool or single door fridges are likely to have a huge sale in developing economies. Growing globalization and manufacturing technologies will provide affordable products for all income levels.

Household Refrigerators and Freezers Market Segment Analysis:

In terms of the refrigerator door, because of high affordability and energy efficiency, single door types are collected to hold large share in the market during the forecast period. French door types have separate spaces to store food, beverages, groceries, and other products. Based on freezer location, freezer on top is the most widely adopted types of refrigerators for household applications. The freezer on top and bottom segments are estimated to show similar growth rates during the forecast period. Freezer less type is regularly less chosen as it is used for the storage of beverages only. Refrigerators and freezers are considered safe, easy, and convenient ways to preserve food and food products as well as hold a prominent position in the household kitchen appliances segment. Increasing preference in the direction of stylish brands is also likely to boost the growth of the market.

Household Refrigerators and Freezers Market Regional Analysis:

Region-Wise, North America is projected to account for the leading share in the global arena during the forecast horizon because of the presence of large base of urban population, growing nuclear families, and surging usage of multiple refrigerator and freezer units for beverages and other food products. The US market share represented the majority of the North American demand in 2022. Growing disposable income and requirements for energy-efficient products is expected to generate considerable sales in the region. The objective of the report is to present a comprehensive analysis of the global market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding global market dynamics, structure by analyzing the market segments and project the global market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the global market make the report investor’s guide.

Household Refrigerators and Freezers Market, Key Highlights:

Global Household Refrigerators and Freezers Market analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the global market Household Refrigerators and Freezers Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. Global Household Refrigerators and Freezers Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. Global Household Refrigerators and Freezers Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the global market are also profiled.

Household Refrigerators and Freezers Market Scope: Inquire before buying

Household Refrigerators and Freezers Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 92.70 Bn.
Forecast Period 2023 to 2029 CAGR: 4.5% Market Size in 2029: US $ 126.16 Bn.
Segments Covered: by Refrigerator Door Single Door Double Door Side by Side Door French Door
by Freezer Location Freezer on top Freezer on bottom Freezer less

Household Refrigerators and Freezers Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Household Refrigerators and Freezers Market Key Players:

1. Haier 2. LG Electronis 3. Electrolux 4. Samsung 5. Whirlpool 6. Rober Bosch 7. Dover Corporation 8. Electrolux 9. Godrej 10. Haier Inc. 11. LG Electronics 12. Liebherr 13. Panasonic Corporation 14. Robert Bosch GmbH 15. Samsung 16. Liebherr-International AG 17. Dover Corporation 18. Whirlpool Corporation 19. Dacor Inc 20. Philips Frequently Asked Questions: 1. Which region has the largest share in Global Household Refrigerators and Freezers Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Household Refrigerators and Freezers Market? Ans: The Global Household Refrigerators and Freezers Market is growing at a CAGR of 4.5% during forecasting period 2023-2029. 3. What is scope of the Global Household Refrigerators and Freezers market report? Ans: Global Household Refrigerators and Freezers Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Household Refrigerators and Freezers market? Ans: The important key players in the Global Household Refrigerators and Freezers Market are – Haier, LG Electronis, Electrolux, Samsung, Whirlpool, Rober Bosch, Dover Corporation, Electrolux, Godrej, Haier Inc, LG Electronics, 5. What is the study period of this market? Ans: The Global Household Refrigerators and Freezers Market is studied from 2022 to 2029.
1. Household Refrigerators and Freezers Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Household Refrigerators and Freezers Market: Dynamics 2.1. Household Refrigerators and Freezers Market Trends by Region 2.1.1. North America Household Refrigerators and Freezers Market Trends 2.1.2. Europe Household Refrigerators and Freezers Market Trends 2.1.3. Asia Pacific Household Refrigerators and Freezers Market Trends 2.1.4. Middle East and Africa Household Refrigerators and Freezers Market Trends 2.1.5. South America Household Refrigerators and Freezers Market Trends 2.2. Household Refrigerators and Freezers Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Household Refrigerators and Freezers Market Drivers 2.2.1.2. North America Household Refrigerators and Freezers Market Restraints 2.2.1.3. North America Household Refrigerators and Freezers Market Opportunities 2.2.1.4. North America Household Refrigerators and Freezers Market Challenges 2.2.2. Europe 2.2.2.1. Europe Household Refrigerators and Freezers Market Drivers 2.2.2.2. Europe Household Refrigerators and Freezers Market Restraints 2.2.2.3. Europe Household Refrigerators and Freezers Market Opportunities 2.2.2.4. Europe Household Refrigerators and Freezers Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Household Refrigerators and Freezers Market Drivers 2.2.3.2. Asia Pacific Household Refrigerators and Freezers Market Restraints 2.2.3.3. Asia Pacific Household Refrigerators and Freezers Market Opportunities 2.2.3.4. Asia Pacific Household Refrigerators and Freezers Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Household Refrigerators and Freezers Market Drivers 2.2.4.2. Middle East and Africa Household Refrigerators and Freezers Market Restraints 2.2.4.3. Middle East and Africa Household Refrigerators and Freezers Market Opportunities 2.2.4.4. Middle East and Africa Household Refrigerators and Freezers Market Challenges 2.2.5. South America 2.2.5.1. South America Household Refrigerators and Freezers Market Drivers 2.2.5.2. South America Household Refrigerators and Freezers Market Restraints 2.2.5.3. South America Household Refrigerators and Freezers Market Opportunities 2.2.5.4. South America Household Refrigerators and Freezers Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Household Refrigerators and Freezers Industry 2.8. Analysis of Government Schemes and Initiatives For Household Refrigerators and Freezers Industry 2.9. Household Refrigerators and Freezers Market Trade Analysis 2.10. The Global Pandemic Impact on Household Refrigerators and Freezers Market 3. Household Refrigerators and Freezers Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 3.1.1. Single Door 3.1.2. Double Door 3.1.3. Side by Side Door 3.1.4. French Door 3.2. Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 3.2.1. Freezer on top 3.2.2. Freezer on bottom 3.2.3. Freezer less 3.3. Household Refrigerators and Freezers Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Household Refrigerators and Freezers Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 4.1.1. Single Door 4.1.2. Double Door 4.1.3. Side by Side Door 4.1.4. French Door 4.2. North America Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 4.2.1. Freezer on top 4.2.2. Freezer on bottom 4.2.3. Freezer less 4.3. North America Household Refrigerators and Freezers Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 4.3.1.1.1. Single Door 4.3.1.1.2. Double Door 4.3.1.1.3. Side by Side Door 4.3.1.1.4. French Door 4.3.1.2. United States Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 4.3.1.2.1. Freezer on top 4.3.1.2.2. Freezer on bottom 4.3.1.2.3. Freezer less 4.7.2. Canada 4.3.2.1. Canada Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 4.3.2.1.1. Single Door 4.3.2.1.2. Double Door 4.3.2.1.3. Side by Side Door 4.3.2.1.4. French Door 4.3.2.2. Canada Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 4.3.2.2.1. Freezer on top 4.3.2.2.2. Freezer on bottom 4.3.2.2.3. Freezer less 4.7.3. Mexico 4.3.3.1. Mexico Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 4.3.3.1.1. Single Door 4.3.3.1.2. Double Door 4.3.3.1.3. Side by Side Door 4.3.3.1.4. French Door 4.3.3.2. Mexico Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 4.3.3.2.1. Freezer on top 4.3.3.2.2. Freezer on bottom 4.3.3.2.3. Freezer less 5. Europe Household Refrigerators and Freezers Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 5.2. Europe Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 5.3. Europe Household Refrigerators and Freezers Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 5.3.1.2. United Kingdom Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 5.3.2. France 5.3.2.1. France Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 5.3.2.2. France Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 5.3.3.2. Germany Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 5.3.4.2. Italy Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 5.3.5.2. Spain Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 5.3.6.2. Sweden Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 5.3.7.2. Austria Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 5.3.8.2. Rest of Europe Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 6. Asia Pacific Household Refrigerators and Freezers Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 6.2. Asia Pacific Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 6.7. Asia Pacific Household Refrigerators and Freezers Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 6.3.1.2. China Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 6.3.2.2. S Korea Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 6.3.3.2. Japan Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 6.3.4. India 6.3.4.1. India Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 6.3.4.2. India Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 6.3.5.2. Australia Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 6.3.6.2. Indonesia Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 6.3.7.2. Malaysia Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 6.3.8.2. Vietnam Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 6.3.9.2. Taiwan Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 6.3.10.2. Rest of Asia Pacific Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 7. Middle East and Africa Household Refrigerators and Freezers Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 7.2. Middle East and Africa Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 7.7. Middle East and Africa Household Refrigerators and Freezers Market Size and Forecast, by Country (2022-2029) 7.7.1. South Africa 7.3.1.1. South Africa Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 7.3.1.2. South Africa Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 7.7.2. GCC 7.3.2.1. GCC Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 7.3.2.2. GCC Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 7.7.3. Nigeria 7.3.3.1. Nigeria Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 7.3.3.2. Nigeria Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 7.3.4.2. Rest of ME&A Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 8. South America Household Refrigerators and Freezers Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 8.2. South America Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 8.7. South America Household Refrigerators and Freezers Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 8.3.1.2. Brazil Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 8.3.2.2. Argentina Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Household Refrigerators and Freezers Market Size and Forecast, by Refrigerator Door (2022-2029) 8.3.3.2. Rest Of South America Household Refrigerators and Freezers Market Size and Forecast, by Freezer Location (2022-2029) 9. Global Household Refrigerators and Freezers Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Household Refrigerators and Freezers Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. Haier 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. LG Electronis 10.3. Electrolux 10.4. Samsung 10.5. Whirlpool 10.6. Rober Bosch 10.7. Dover Corporation 10.8. Electrolux 10.9. Godrej 10.10. Haier Inc. 10.11. LG Electronics 10.12. Liebherr 10.13. Panasonic Corporation 10.14. Robert Bosch GmbH 10.15. Samsung 10.16. Liebherr-International AG 10.17. Dover Corporation 10.18. Whirlpool Corporation 10.19. Dacor Inc 10.20. Philips 11. Key Findings 12. Industry Recommendations 13. Household Refrigerators and Freezers Market: Research Methodology 14. Terms and Glossary

About This Report

Report ID 21056
Category Information Technology & Telecommunication
Published Date July 2023
Updated Date
  • INQUIRE BEFORE BUYING