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Refrigerators Global Market Report 2022 – By Type (Single-Door, Double-Door, French-Door), By Distribution Channel (Specialty Retailers, Department Stores, Mass Retailers/Hypermarkets/Supermarkets, Discount Stores, Online), By Application (Household, Commercial Use, Industrial Use), By Freezer Location (Freezer-on-Top, Freezer-on-Bottom, Freezer-Less) – Market Size, Trends, And Global Forecast 2022-2026

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


The refrigerators market consists of revenues generated by entities (organizations, sole traders, or partnerships) that carry out the design, manufacturing, and sales of refrigerators. The market includes sales of household refrigerators which are electrical appliances used to preserve food at cold temperatures.

The main types of refrigerators are single-door, double-door, French-door, and others. A single-door refrigerator has only one outer door, the freezer to has a door, but it can be reached only through the outer door. Also, usually available in size as small as 50 liters and can go up to 250 liters. The various freezer location including freezer-on-top, freezer-on-bottom, and freezer-less are used for household, commercial and industrial applications. The refrigerators are distributed through specialty retailers, department stores, mass retailers/hypermarkets/supermarkets, discount stores, and online channels.

The refrigerators market research report is one of a series of new reports from The Business Research Company that provides refrigerators market statistics, including refrigerators industry global market size, regional shares, competitors with a refrigerators market share, detailed refrigerators market segments, market trends, and opportunities, and any further data you may need to thrive in the refrigerators industry. This refrigerators market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global refrigerators market grew from $38.57 billion in 2021 to $39.17 billion in 2022 at a compound annual growth rate (CAGR) of 1.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The refrigerators market is expected to grow to $41.51 billion in 2026 at a CAGR of 1.5%.

The increasing consumption of processed food products such as frozen meat, vegetables, and dairy products as well as change in the dietary habits of consumers is driving the refrigerators market growth. Due to busy lifestyles, consumers are increasingly relying on processed food and 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 refrigerators market.

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

Refrigerators 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, and 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, is 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 refrigerators market are Electrolux, Haier, LG Electronics, Samsung Electronics, Whirlpool, Hitachi, Bosch, Hisense, Sharp, and Siemens.

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

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

The global refrigerators market is segmented -

1) By Type:  Single-Door,  Double-Door,  French-Door,  Others

2) By Distribution Channel:  Specialty Retailers, Department Stores, Mass Retailers/Hypermarkets/Supermarkets, Discount Stores, Online

3) By Application: Household, Commercial Use, Industrial Use

4) By Freezer Location: Freezer-on-Top, Freezer-on-Bottom, Freezer-Less

    Table Of Contents

    1. Executive Summary

    2. Household Refrigerators Market Characteristics

    3. Household Refrigerators Market Trends And Strategies

    4. Household Refrigerators Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Household Refrigerators Market

    4.2 Ukraine-Russia War Impact On Household Refrigerators Market

    4.3 Impact Of High Inflation On Household Refrigerators Market

    5. Household Refrigerators Market Size And Growth

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

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

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

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Household Refrigerators Market Segmentation

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

     Single-Door

     Double-Door

     French-Door

     Others

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

     Specialty Retailers

    Department Stores

    Mass Retailers/Hypermarkets/Supermarkets

    Discount Stores

    Online

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

    Household

    Commercial Use

    Industrial Use

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

    Freezer-on-Top

    Freezer-on-Bottom

    Freezer-Less  

    7. Household Refrigerators Market Regional And Country Analysis

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

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

    8. Asia-Pacific Household Refrigerators Market  

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

    9. China Household Refrigerators Market  

    9.1. China Household Refrigerators Market Overview  

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

    10. India Household Refrigerators Market  

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

    11. Japan Household Refrigerators Market  

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

    12. Australia Household Refrigerators Market  

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

    13. Indonesia Household Refrigerators Market  

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

    14. South Korea Household Refrigerators Market  

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

    15. Western Europe Household Refrigerators Market  

    15.1. Western Europe Household Refrigerators Market Overview

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

    16. UK Household Refrigerators Market  

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

    17. Germany Household Refrigerators Market  

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

    18. France Household Refrigerators Market  

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

    19. Eastern Europe Household Refrigerators Market  

    19.1. Eastern Europe Household Refrigerators Market Overview

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

    20. Russia Household Refrigerators Market  

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

    21. North America Household Refrigerators Market  

    21.1. North America Household Refrigerators Market Overview

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

    22. USA Household Refrigerators Market  

    22.1. USA Household Refrigerators Market Overview

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

    23. South America Household Refrigerators Market  

    23.1. South America Household Refrigerators Market Overview

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

    24. Brazil Household Refrigerators Market  

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

    25. Middle East Household Refrigerators Market  

    25.1. Middle East Household Refrigerators Market Overview

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

    26. Africa Household Refrigerators Market  

    26.1. Africa Household Refrigerators Market Overview

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

    27. Household Refrigerators Market Competitive Landscape And Company Profiles

    27.1. Household Refrigerators Market Competitive Landscape

    27.2. Household Refrigerators Market Company Profiles

    27.2.1. Electrolux

    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. LG Electronics

    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. Samsung Electronics

    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. Whirlpool

    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 Market

    29. Household Refrigerators Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

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