The global household refrigerators and freezers market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 4.2 billion by 2030. The market is driven by factors such as increasing demand for frozen food products, growing population, and rising disposable income in developing economies.
Deep Freezers: Deep freezers are used for storing frozen food items such as meat, vegetables, and fruits for a long time period. The deep freezer segment accounted for the largest share of the global household refrigerators and freezers market in 2017 owing to its high demand from consumers in developed economies such as North America and Europe. Low & Medium End Refrigerators: Low & medium end refrigerators are used for storing fresh food items such as vegetables or fruits that need to be consumed within a short span of time after purchase or delivery from the store. These refrigerators have low energy consumption rates which make them more affordable than other types of refrigerators available in the market today. High End Refrigerator: High end refrigerator is used primarily by households with higher disposable incomes who prefer buying expensive brands over cheaper ones due to their superior quality features like better insulation capacity which helps maintain temperature inside it even when it’s not running on electricity or gas supply all day long.
- Increasing population and urbanization.
- Increasing disposable income.
- Increase in the number of nuclear families.
- Increase in the number of working women.
- Availability of refrigerators and freezers.
Industry Growth Insights published a new data on “Household Refrigerators and Freezers Market”. The research report is titled “Household Refrigerators and Freezers Market research by Types (Deep Freezers, Low & Medium-End Refrigerators, High-End Refrigerators), By Applications (Frozen Vegetable and Fruit, Frozen Meat, Other), By Players/Companies Haier, GE, Kenmore, KitchenAid, LG, Samsung, Whirlpool, Avanti, Danby, Hisense, Costway, WP Restaurant Fridges, Igloo, Frigidaire”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Household Refrigerators and Freezers Market Research Report
By Type
Deep Freezers, Low & Medium-End Refrigerators, High-End Refrigerators
By Application
Frozen Vegetable and Fruit, Frozen Meat, Other
By Companies
Haier, GE, Kenmore, KitchenAid, LG, Samsung, Whirlpool, Avanti, Danby, Hisense, Costway, WP Restaurant Fridges, Igloo, Frigidaire
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Household Refrigerators and Freezers Market Report Segments:
The global Household Refrigerators and Freezers market is segmented on the basis of:
Types
Deep Freezers, Low & Medium-End Refrigerators, High-End 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
Frozen Vegetable and Fruit, Frozen Meat, Other
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:
- Haier
- GE
- Kenmore
- KitchenAid
- LG
- Samsung
- Whirlpool
- Avanti
- Danby
- Hisense
- Costway
- WP Restaurant Fridges
- Igloo
- Frigidaire
Highlights of The Household Refrigerators and Freezers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Deep Freezers
- Low & Medium-End Refrigerators
- High-End Refrigerators
- By Application:
- Frozen Vegetable and Fruit
- Frozen Meat
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Household Refrigerators and Freezers 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Household refrigerators and freezers are devices used to store food. They are often found in homes, but can also be found in businesses. Household refrigerators and freezers typically have a freezer on the bottom and a refrigerator on the top.
Some of the major players in the household refrigerators and freezers market are Haier, GE, Kenmore, KitchenAid, LG, Samsung, Whirlpool, Avanti, Danby, Hisense, Costway, WP Restaurant Fridges, Igloo, Frigidaire.
The household refrigerators and freezers market is expected to register a CAGR of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Household Refrigerators and Freezers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Household Refrigerators and Freezers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Household Refrigerators and Freezers Market - Supply Chain
4.5. Global Household Refrigerators and Freezers Market Forecast
4.5.1. Household Refrigerators and Freezers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Household Refrigerators and Freezers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Household Refrigerators and Freezers Market Absolute $ Opportunity
5. Global Household Refrigerators and Freezers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Household Refrigerators and Freezers Market Size and Volume Forecast by Type
5.3.1. Deep Freezers
5.3.2. Low & Medium-End Refrigerators
5.3.3. High-End Refrigerators
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Household Refrigerators and Freezers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Household Refrigerators and Freezers Market Size and Volume Forecast by Application
6.3.1. Frozen Vegetable and Fruit
6.3.2. Frozen Meat
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Household Refrigerators and Freezers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Household Refrigerators and Freezers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Household Refrigerators and Freezers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Household Refrigerators and Freezers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Household Refrigerators and Freezers Demand Share Forecast, 2019-2026
9. North America Household Refrigerators and Freezers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Household Refrigerators and Freezers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Household Refrigerators and Freezers Market Size and Volume Forecast by Application
9.4.1. Frozen Vegetable and Fruit
9.4.2. Frozen Meat
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Household Refrigerators and Freezers Market Size and Volume Forecast by Type
9.7.1. Deep Freezers
9.7.2. Low & Medium-End Refrigerators
9.7.3. High-End Refrigerators
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Household Refrigerators and Freezers Demand Share Forecast, 2019-2026
10. Latin America Household Refrigerators and Freezers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Household Refrigerators and Freezers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Household Refrigerators and Freezers Market Size and Volume Forecast by Application
10.4.1. Frozen Vegetable and Fruit
10.4.2. Frozen Meat
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Household Refrigerators and Freezers Market Size and Volume Forecast by Type
10.7.1. Deep Freezers
10.7.2. Low & Medium-End Refrigerators
10.7.3. High-End Refrigerators
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Household Refrigerators and Freezers Demand Share Forecast, 2019-2026
11. Europe Household Refrigerators and Freezers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Household Refrigerators and Freezers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Household Refrigerators and Freezers Market Size and Volume Forecast by Application
11.4.1. Frozen Vegetable and Fruit
11.4.2. Frozen Meat
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Household Refrigerators and Freezers Market Size and Volume Forecast by Typ
11.7.1. Deep Freezers
11.7.2. Low & Medium-End Refrigerators
11.7.3. High-End Refrigerators
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Household Refrigerators and Freezers Demand Share, 2019-2026
12. Asia Pacific Household Refrigerators and Freezers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Household Refrigerators and Freezers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Household Refrigerators and Freezers Market Size and Volume Forecast by Application
12.4.1. Frozen Vegetable and Fruit
12.4.2. Frozen Meat
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Household Refrigerators and Freezers Market Size and Volume Forecast by Type
12.7.1. Deep Freezers
12.7.2. Low & Medium-End Refrigerators
12.7.3. High-End Refrigerators
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Household Refrigerators and Freezers Demand Share, 2019-2026
13. Middle East & Africa Household Refrigerators and Freezers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Household Refrigerators and Freezers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Household Refrigerators and Freezers Market Size and Volume Forecast by Application
13.4.1. Frozen Vegetable and Fruit
13.4.2. Frozen Meat
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Household Refrigerators and Freezers Market Size and Volume Forecast by Type
13.7.1. Deep Freezers
13.7.2. Low & Medium-End Refrigerators
13.7.3. High-End Refrigerators
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Household Refrigerators and Freezers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Household Refrigerators and Freezers Market: Market Share Analysis
14.2. Household Refrigerators and Freezers Distributors and Customers
14.3. Household Refrigerators and Freezers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Haier
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kenmore
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KitchenAid
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. LG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Samsung
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Whirlpool
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Avanti
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Danby
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Hisense
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Costway
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. WP Restaurant Fridges
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Igloo
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Frigidaire
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
