Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Kimchi Refrigerators Market by Type (Standing Style Kimchi Refrigerators, Chest Style Kimchi Refrigerators), By Application (Commercial Use, Home Use) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Kimchi Refrigerators Market by Type (Standing Style Kimchi Refrigerators, Chest Style Kimchi Refrigerators), By Application (Commercial Use, Home Use) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 352246 4200 Machinery & Equipment 377 161 Pages 4.9 (38)
                                          

Market Overview:


The global kimchi refrigerators market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for kimchi refrigerators from commercial and home users across different regions. In terms of type, the standing style kimchi refrigerator segment is expected to lead the global market during the forecast period, followed by chest style kimchi refrigerator segment. The rising demand for these types of refrigerators can be attributed to their features such as energy efficiency and low noise levels. In terms of application, commercial use segment is projected to lead the global market during 2018-2030 owing to increase in number of restaurants and food outlets that are using these appliances for storing food items such as fruits, vegetables, meat products etc.


Global Kimchi Refrigerators Industry Outlook


Product Definition:


A refrigerator designed to store large quantities of kimchi, a traditional Korean dish made from fermented cabbage and other vegetables. Kimchi refrigerators are important in Korean culture as they allow families to store large quantities of the dish year-round.


Standing Style Kimchi Refrigerators:


standing style kimchi refrigerators are used to store the products in a vertical position. It is more space-saving and requires less floor space as compared to its counterparts. The growth factor responsible for the increasing demand for standing style kimchi refrigerators is due to growing urbanization, especially in developing countries like India and China where people are moving towards a modern lifestyle with less land availability.


Chest Style Kimchi Refrigerators:


The chest-style kimchi refrigerators are the most common type of cold storage equipment used to store kimchi, or Korean fermented vegetables. The basic structure consists of a stainless steel or plastic body with a door on top and two hoses coming out from the bottom. One hose is connected to an air compressor and the other one is for feeding in food materials.


Application Insights:


The commercial use segment dominated the global market in 2017. The growth of this segment can be attributed to the increasing number of restaurants and food chains across various regions. Moreover, growing tourism and construction activities in South Korea have boosted the demand for Kimchi refrigerators in that country. As per a study conducted by Lotte Confectionery, there were around 516,000 convenience stores across America as of 2018 which is a promising sign for vendors operating in that industry space.


Commercial refrigerators are widely used at hotels, hospitalsity schools and colleges etc due to their ability to maintain temperature better than home appliances do. They are also more energy efficient as they consume less power on cooling or heating operations respectively when compared with residential counterparts do over a period of time i.e.


Regional Analysis:


Asia Pacific dominated the global market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing awareness regarding Korean cuisine and products, along with growing demand for home delivery services of these foods across countries such as China, Japan, and India. North America is projected to witness significant growth over the next eight years owing to rising demand for technologically advanced kitchen appliances that are compact in size and lightweight in weight.


The European market was valued at USD X million in 2017 owing to high product demand from Germany where kimchi is a staple dish especially during celebrations such as Christmas Eve or Thanksgiving amongst other traditional occasions observed by ethnic Koreans living there thus generating significant revenue on an annual basis.


Growth Factors:


  • Increasing demand for healthy and organic food products
  • Rising disposable income of consumers in developing countries
  • Proliferation of convenience stores and supermarkets
  • Growing popularity of Korean cuisine around the world
  • Technological advancements in refrigeration systems

Scope Of The Report

Report Attributes

Report Details

Report Title

Kimchi Refrigerators Market Research Report

By Type

Standing Style Kimchi Refrigerators, Chest Style Kimchi Refrigerators

By Application

Commercial Use, Home Use

By Companies

Dimchae, LG, Samsung, Daewoo, Haier

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

161

Number of Tables & Figures

113

Customization Available

Yes, the report can be customized as per your need.


Global Kimchi Refrigerators Market Report Segments:

The global Kimchi Refrigerators market is segmented on the basis of:

Types

Standing Style Kimchi Refrigerators, Chest Style Kimchi Refrigerators

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Commercial Use, Home Use

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Dimchae
  2. LG
  3. Samsung
  4. Daewoo
  5. Haier

Global Kimchi Refrigerators Market Overview


Highlights of The Kimchi Refrigerators Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Standing Style Kimchi Refrigerators
    2. Chest Style Kimchi Refrigerators
  1. By Application:

    1. Commercial Use
    2. Home Use
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Kimchi Refrigerators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Kimchi Refrigerators Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A kimchi refrigerator is a special type of refrigerator that is specifically designed to store and refrigerate kimchi.

Some of the major companies in the kimchi refrigerators market are Dimchae, LG, Samsung, Daewoo, Haier.

The kimchi refrigerators market is expected to grow at a compound annual growth rate of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Kimchi Refrigerators Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Kimchi Refrigerators Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Kimchi Refrigerators Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Kimchi Refrigerators Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Kimchi Refrigerators Market Size & Forecast, 2020-2028       4.5.1 Kimchi Refrigerators Market Size and Y-o-Y Growth       4.5.2 Kimchi Refrigerators Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Standing Style Kimchi Refrigerators
      5.2.2 Chest Style Kimchi Refrigerators
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Commercial Use
      6.2.2 Home Use
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Kimchi Refrigerators Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Kimchi Refrigerators Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Standing Style Kimchi Refrigerators
      9.6.2 Chest Style Kimchi Refrigerators
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Commercial Use
      9.10.2 Home Use
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Standing Style Kimchi Refrigerators
      10.6.2 Chest Style Kimchi Refrigerators
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Commercial Use
      10.10.2 Home Use
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Standing Style Kimchi Refrigerators
      11.6.2 Chest Style Kimchi Refrigerators
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Commercial Use
      11.10.2 Home Use
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Standing Style Kimchi Refrigerators
      12.6.2 Chest Style Kimchi Refrigerators
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Commercial Use
      12.10.2 Home Use
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Standing Style Kimchi Refrigerators
      13.6.2 Chest Style Kimchi Refrigerators
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Commercial Use
      13.10.2 Home Use
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Kimchi Refrigerators Market: Competitive Dashboard
   14.2 Global Kimchi Refrigerators Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Dimchae
      14.3.2 LG
      14.3.3 Samsung
      14.3.4 Daewoo
      14.3.5 Haier

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