Household Refrigerator And Home Freezer Global Market Report 2022 – By Type (Refrigerators, Freezers, Ice Boxes, Refrigerator/Freezer Combinations), By Refrigerator Door Type (Single Door, Double Door, Side by Side Door, French Door), By Freezer Location (Freezer on top, Freezer on bottom, Freezer less), By Application (Frozen Vegetable and Fruit, Frozen Meat, Other Applications), By Distribution Channel (Specialty Stores, Supermarkets/Hypermarkets, Online) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : February 2022 | SKU CODE : 7256 | Delivery Time: 2-3 business days | Format :


The household refrigerator and home freezer market consists of revenues generated by entities (organizations, sole traders, or partnerships) that carry out design, manufacturing, and sales of household refrigerator and home freezers. The market includes sales of household-type refrigerators, ice boxes and upright and chest freezers.

The main types of household refrigerator and home freezer are refrigerators, freezers, ice boxes and refrigerator/freezer combinations. A refrigerator is an electronic household appliance that keeps food and drinks cold by pushing a liquid refrigerant through a sealed system, which causes it to vaporize, and draw heat out of the fridge. The vaporized refrigerant then is passed through coils outside the fridge (at the back or the bottom). This warms up the vapor, and changes it back into a liquid. The various door types of household refrigerator include single door, double door, side by side door and French door. The different freezer location are freezer on top, freezer on bottom and freezer less that are used for frozen vegetable and fruit, frozen meat and other applications. The main types of household refrigerator and home freezer market by distribution channel are specialty stores, supermarkets/hypermarkets, online and others.

The global household refrigerator and home freezer market size is expected to grow from $46.89 billion in 2021 to $48.26 billion in 2022 at a compound annual growth rate (CAGR) of 2.9%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The household refrigerator and freezer market is expected to reach $51.71 billion in 2026 at a CAGR of 1.7%.

The increasing consumption of processed food products such as frozen meat, vegetables, dairy products as well as change in the dietary habits of consumers is driving the household refrigerator and freezer market growth. Due to busy lifestyles, consumers are increasingly relying on processed food, prepared meals that require refrigerators for storage. According to Rentokil, the processed food industries are valued at $2 trillion globally. The huge market for processed food products is expected to drive the household refrigerators and home freezers market.

Intense pricing pressure on manufacturers is restraining the growth of the household refrigerator and freezer market. The market has numerous players competing in terms of price, specifications, and other characteristics. Durable goods such as TV, freezers are more price elastic than necessities. People are more likely to purchase when there is reduction in the price of the goods and less likely to purchase when there is a price hike.

Household refrigerators and home freezer manufacturers are implementing technologies such as IoT and embedded sensors in their products to improve overall functionality. Manufacturers are introducing advanced human machine interface designs in refrigerators and also manufacturing refrigerators that can automatically recognize the type and weight of the food stored in the refrigerators, adjust and monitor the temperature as per requirement.

In March 2019, The Legacy Companies, a Florida based food and beverages company acquired Avanti Products Inc for an undisclosed amount. Through this acquisition the Legacy Companies plans to produce some of Avanti’s product solutions in its wholly owned manufacturing plants thereby securing a source of competitive advantage. Avanti Products Inc, a Florida based company that develops, manufacturers and markets compact appliances including refrigerators, freezers, ranges, microwave ovens, wine refrigerators, ice makers, water dispensers, laundry appliances and other compact appliances.

Major players in the household refrigerator and home freezer market are Aggreko, Atlas Copco, Caterpillar Inc., FG Wilson, Kirloskar Electric Co. Ltd., Cummins Inc., Rolls-Royce, Wärtsilä, Yanmar Co. Ltd., and Briggs & Stratton

Asia Pacific was the largest region in the household refrigerator and home freezer market in 2021. Western Europe was the second-largest region in the household refrigerator and home freezer market. The regions covered in the home freezer and refrigerator market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the household refrigerator and home freezer market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The global household refrigerator and home freezer market is segmented -

1) By Type: Refrigerators, Freezers, Ice Boxes, Refrigerator/Freezer Combinations

2) By Refrigerator Door Type: Single Door, Double Door, Side-by-Side Door, French Door

3) By Freezer Location: Freezer on Top, Freezer on Bottom, Freezerless

4) By Application: Frozen Vegetable and Fruit, Frozen Meat, Others

5) By Distribution Channel: Specialty Stores, Supermarkets/Hypermarkets, Online, Others

    Table Of Contents

    1. Executive Summary

    2. Household Refrigerators And Home Freezers Market Characteristics

    3. Household Refrigerators And Home Freezers Market Trends And Strategies

    4. Impact Of COVID-19 On Household Refrigerators And Home Freezers

    5. Household Refrigerators And Home Freezers Market Size And Growth

    5.1. Global Household Refrigerators And Home Freezers Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Household Refrigerators And Home Freezers Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Household Refrigerators And Home Freezers Market Segmentation

    6.1. Global Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Refrigerators

    Freezers

    Ice Boxes

    Refrigerator/Freezer Combinations

    6.2. Global Household Refrigerators And Home Freezers Market, Segmentation By Refrigerator Door Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Single Door

    Double Door

    Side by Side Door

    French Door

    6.3. Global Household Refrigerators And Home Freezers Market, Segmentation By Freezer Location, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Freezer on top

    Freezer on bottom

    Freezer less

    6.4. Global Household Refrigerators And Home Freezers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Frozen Vegetable and Fruit

    Frozen Meat

    Other Applications

    6.5. Global Household Refrigerators And Home Freezers Market, Segmentation By Distribution Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    By Distribution Channel

    Specialty Stores

    Supermarkets/Hypermarkets

    Online

    Others

    7. Household Refrigerators And Home Freezers Market Regional And Country Analysis

    7.1. Global Household Refrigerators And Home Freezers Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Household Refrigerators And Home Freezers Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Household Refrigerators And Home Freezers Market

    8.1. Asia-Pacific Household Refrigerators And Home Freezers Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Household Refrigerators And Home Freezers Market

    9.1. China Household Refrigerators And Home Freezers Market Overview

    9.2. China Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Household Refrigerators And Home Freezers Market

    10.1. India Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Household Refrigerators And Home Freezers Market

    11.1. Japan Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Household Refrigerators And Home Freezers Market

    12.1. Australia Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Household Refrigerators And Home Freezers Market

    13.1. Indonesia Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Household Refrigerators And Home Freezers Market

    14.1. South Korea Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Household Refrigerators And Home Freezers Market

    15.1. Western Europe Household Refrigerators And Home Freezers Market Overview

    15.2. Western Europe Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Household Refrigerators And Home Freezers Market

    16.1. UK Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Household Refrigerators And Home Freezers Market

    17.1. Germany Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Household Refrigerators And Home Freezers Market

    18.3. France Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Household Refrigerators And Home Freezers Market

    19.1. Eastern Europe Household Refrigerators And Home Freezers Market Overview

    19.2. Eastern Europe Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Household Refrigerators And Home Freezers Market

    20.1. Russia Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Household Refrigerators And Home Freezers Market

    21.1. North America Household Refrigerators And Home Freezers Market Overview

    21.2. North America Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Household Refrigerators And Home Freezers Market

    22.1. USA Household Refrigerators And Home Freezers Market Overview

    22.2. USA Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Household Refrigerators And Home Freezers Market

    23.1. South America Household Refrigerators And Home Freezers Market Overview

    23.2. South America Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Household Refrigerators And Home Freezers Market

    24.1. Brazil Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. The Middle East Household Refrigerators And Home Freezers Market

    25.1. The Middle East Household Refrigerators And Home Freezers Market Overview

    25.2. The Middle East Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Household Refrigerators And Home Freezers Market

    26.1. Africa Household Refrigerators And Home Freezers Market Overview

    26.2. Africa Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Household Refrigerators And Home Freezers Market Competitive Landscape And Company Profiles

    27.1. Household Refrigerators And Home Freezers Market Competitive Landscape

    27.2. Household Refrigerators And Home Freezers Market Company Profiles

    27.2.1. LG Electronics

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Haier

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Samsung

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Panasonic Corporation

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Godrej

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Household Refrigerators And Home Freezers Market

    29. Household Refrigerators And Home Freezers Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Household Refrigerators And Home Freezers Market, Segmentation By Refrigerator Door Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Household Refrigerators And Home Freezers Market, Segmentation By Freezer Location, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Household Refrigerators And Home Freezers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Household Refrigerators And Home Freezers Market, Segmentation By Distribution Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Global Household Refrigerators And Home Freezers Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: Global Household Refrigerators And Home Freezers Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: Asia-Pacific, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: China, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: India, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: Japan, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: Australia, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Indonesia, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: South Korea, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Western Europe, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: UK, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Germany, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: France, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: Eastern Europe, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: Russia, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: North America, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: USA, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: South America, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Brazil, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Middle East, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 28: Africa, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 29: LG Electronics Financial Performance
  • Table 30: Haier Financial Performance
  • Table 31: Samsung Financial Performance
  • Table 32: Panasonic Corporation Financial Performance
  • Table 33: Godrej Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Figure 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Figure 3: Global Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 4: Global Household Refrigerators And Home Freezers Market, Segmentation By Refrigerator Door Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 5: Global Household Refrigerators And Home Freezers Market, Segmentation By Freezer Location, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 6: Global Household Refrigerators And Home Freezers Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 7: Global Household Refrigerators And Home Freezers Market, Segmentation By Distribution Channel, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 8: Global Household Refrigerators And Home Freezers Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 9: Global Household Refrigerators And Home Freezers Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 10: Asia-Pacific, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 11: China, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 12: India, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 13: Japan, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 14: Australia, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 15: Indonesia, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 16: South Korea, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 17: Western Europe, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 18: UK, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 19: Germany, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 20: France, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 21: Eastern Europe, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 22: Russia, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 23: North America, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 24: USA, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 25: South America, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 26: Brazil, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 27: Middle East, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 28: Africa, Household Refrigerators And Home Freezers Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 29: LG Electronics Financial Performance
  • Figure 30: Haier Financial Performance
  • Figure 31: Samsung Financial Performance
  • Figure 32: Panasonic Corporation Financial Performance
  • Figure 33: Godrej Financial Performance
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