Europe Refrigerator Market Report and Forecast 2025-2034
Description
The Europe refrigerator market reached around USD 28.98 Billion in 2024. The market is projected to grow at a CAGR of 5.20% between 2025 and 2034 to reach nearly USD 48.11 Billion by 2034.
Europe Refrigerator Market Growth
In 2022, Europe produced 160 million tons of milk. Nearly 70% of this was processed into butter and cheese, with total production of processed dairy food items reaching 3 million tons in 2022. Nearly 2.3 million tons ofbutterand 10.4 million tons ofcheesewere produced in Europe in 2022. The leading European countries with the highest per capita consumption of cheese are Denmark (28.1kg), Iceland (27.7 kg), Finland (27.3 kg), France (27.2 kg), and Cyprus (26.7 kg). These countries present a significant market opportunity for refrigerator manufacturers due to their high preference for processed dairy products and organic food items, which must be stored at optimum temperatures for preservation and to enjoy a long shelf life.
Personalised cooling is a popular feature of modern refrigerators, which have different compartments for cooling different food items. Magnetic cooling has emerged as a sustainable option for achieving optimum cooling within refrigerators due to their lower energy consumption requirements and minimal operating costs. Smart refrigerators have a unique setting for periodic self-cleaning, thereby enhancing the overall hygiene and safety of food consumption. The integration of IoT sensors into refrigerators enables consumers to control their home appliances remotely and ensure zero spoilage and wastage of food items.
Europe Refrigerator Industry Segmentation
Europe Refrigerator Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Top-freezer Refrigerator
Bottom-freezer Refrigerator
Side-by-side Refrigerator
French Door Refrigerator
Market Breakup by Technology
Inverter
Non-Inverter
Market Breakup by Application
Household
Commercial and Industrial
Market Breakup by Distribution Channel
Supermarkets and Hypermarkets
Speciality Stores
Online
Others
Market Breakup by Country
Germany
United Kingdom
France
Italy
Others
Europe Refrigerator Market Share
Based on region, the market is segmented into the United Kingdom, Germany, France, and Italy, among others. Germany is projected to dominate the market, representing 28.6% of the overall market share. Over the forecast period of 2025-2034, the United Kingdom is expected to grow at a CAGR of 5.9% due to the introduction of unique and sustainable refrigerator designs.
Leading Companies in the Europe Refrigerator Market
The shift towards highly energy-efficient home appliances for environmental protection and energy conservation has led refrigerator manufacturers to produce unique models of refrigerators, which can cater to the requirements of both single-family and large-family households.
Samsung Electronics Co., Ltd.
LG Electronics Inc.
Whirlpool Corporation
Hisense Corporation
Robert Bosch GmbH
SMEG S.p.A.
Electrolux AB
AFE Group
Miele Co. Ltd.
Haier Inc.
Others
Europe Refrigerator Market Growth
In 2022, Europe produced 160 million tons of milk. Nearly 70% of this was processed into butter and cheese, with total production of processed dairy food items reaching 3 million tons in 2022. Nearly 2.3 million tons ofbutterand 10.4 million tons ofcheesewere produced in Europe in 2022. The leading European countries with the highest per capita consumption of cheese are Denmark (28.1kg), Iceland (27.7 kg), Finland (27.3 kg), France (27.2 kg), and Cyprus (26.7 kg). These countries present a significant market opportunity for refrigerator manufacturers due to their high preference for processed dairy products and organic food items, which must be stored at optimum temperatures for preservation and to enjoy a long shelf life.
Personalised cooling is a popular feature of modern refrigerators, which have different compartments for cooling different food items. Magnetic cooling has emerged as a sustainable option for achieving optimum cooling within refrigerators due to their lower energy consumption requirements and minimal operating costs. Smart refrigerators have a unique setting for periodic self-cleaning, thereby enhancing the overall hygiene and safety of food consumption. The integration of IoT sensors into refrigerators enables consumers to control their home appliances remotely and ensure zero spoilage and wastage of food items.
Europe Refrigerator Industry Segmentation
Europe Refrigerator Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Top-freezer Refrigerator
Bottom-freezer Refrigerator
Side-by-side Refrigerator
French Door Refrigerator
Market Breakup by Technology
Inverter
Non-Inverter
Market Breakup by Application
Household
Commercial and Industrial
Market Breakup by Distribution Channel
Supermarkets and Hypermarkets
Speciality Stores
Online
Others
Market Breakup by Country
Germany
United Kingdom
France
Italy
Others
Europe Refrigerator Market Share
Based on region, the market is segmented into the United Kingdom, Germany, France, and Italy, among others. Germany is projected to dominate the market, representing 28.6% of the overall market share. Over the forecast period of 2025-2034, the United Kingdom is expected to grow at a CAGR of 5.9% due to the introduction of unique and sustainable refrigerator designs.
Leading Companies in the Europe Refrigerator Market
The shift towards highly energy-efficient home appliances for environmental protection and energy conservation has led refrigerator manufacturers to produce unique models of refrigerators, which can cater to the requirements of both single-family and large-family households.
Samsung Electronics Co., Ltd.
LG Electronics Inc.
Whirlpool Corporation
Hisense Corporation
Robert Bosch GmbH
SMEG S.p.A.
Electrolux AB
AFE Group
Miele Co. Ltd.
Haier Inc.
Others
Table of Contents
112 Pages
- 1 Executive Summary
- 1.1 Market Size 2024-2025
- 1.2 Market Growth 2025(F)-2034(F)
- 1.3 Key Demand Drivers
- 1.4 Key Players and Competitive Structure
- 1.5 Industry Best Practices
- 1.6 Recent Trends and Developments
- 1.7 Industry Outlook
- 2 Market Overview and Stakeholder Insights
- 2.1 Market Trends
- 2.2 Key Verticals
- 2.3 Key Countries
- 2.4 Supplier Power
- 2.5 Buyer Power
- 2.6 Key Market Opportunities and Risks
- 2.7 Key Initiatives by Stakeholders
- 3 Economic Summary
- 3.1 GDP Outlook
- 3.2 GDP Per Capita Growth
- 3.3 Inflation Trends
- 3.4 Democracy Index
- 3.5 Gross Public Debt Ratios
- 3.6 Balance of Payment (BoP) Position
- 3.7 Population Outlook
- 3.8 Urbanisation Trends
- 4 Country Risk Profiles
- 4.1 Country Risk
- 4.2 Business Climate
- 5 Global Refrigerator Market Overview
- 5.1 Key Industry Highlights
- 5.2 Global Refrigerator Historical Market (2018-2024)
- 5.3 Global Refrigerator Market Forecast (2025-2034)
- 5.4 Global Refrigerator Market Share by Region
- 5.4.1 North America
- 5.4.2 Europe
- 5.4.3 Asia Pacific
- 5.4.4 Latin America
- 5.4.5 Middle East and Africa
- 6 Europe Refrigerator Market Overview
- 6.1 Key Industry Highlights
- 6.2 Europe Refrigerator Historical Market (2018-2024)
- 6.3 Europe Refrigerator Market Forecast (2025-2034)
- 7 Europe Refrigerator Market by Type
- 7.1 Top-freezer Refrigerator
- 7.1.1 Historical Trend (2018-2024)
- 7.1.2 Forecast Trend (2025-2034)
- 7.2 Bottom-freezer Refrigerator
- 7.2.1 Historical Trend (2018-2024)
- 7.2.2 Forecast Trend (2025-2034)
- 7.3 Side-by-side Refrigerator
- 7.3.1 Historical Trend (2018-2024)
- 7.3.2 Forecast Trend (2025-2034)
- 7.4 French Door Refrigerator
- 7.4.1 Historical Trend (2018-2024)
- 7.4.2 Forecast Trend (2025-2034)
- 8 Europe Refrigerator Market by Technology
- 8.1 Inverter
- 8.1.1 Historical Trend (2018-2024)
- 8.1.2 Forecast Trend (2025-2034)
- 8.2 Non-Inverter
- 8.2.1 Historical Trend (2018-2024)
- 8.2.2 Forecast Trend (2025-2034)
- 9 Europe Refrigerator Market by Application
- 9.1 Household
- 9.1.1 Historical Trend (2018-2024)
- 9.1.2 Forecast Trend (2025-2034)
- 9.2 Commercial and Industrial
- 9.2.1 Historical Trend (2018-2024)
- 9.2.2 Forecast Trend (2025-2034)
- 10 Europe Refrigerator Market by Distribution Channel
- 10.1 Supermarkets and Hypermarkets
- 10.1.1 Historical Trend (2018-2024)
- 10.1.2 Forecast Trend (2025-2034)
- 10.2 Speciality Stores
- 10.2.1 Historical Trend (2018-2024)
- 10.2.2 Forecast Trend (2025-2034)
- 10.3 Online
- 10.3.1 Historical Trend (2018-2024)
- 10.3.2 Forecast Trend (2025-2034)
- 10.4 Others
- 11 Europe Refrigerator Market by Country
- 11.1 Germany
- 11.1.1 Historical Trend (2018-2024)
- 11.1.2 Forecast Trend (2025-2034)
- 11.2 United Kingdom
- 11.2.1 Historical Trend (2018-2024)
- 11.2.2 Forecast Trend (2025-2034)
- 11.3 France
- 11.3.1 Historical Trend (2018-2024)
- 11.3.2 Forecast Trend (2025-2034)
- 11.4 Italy
- 11.4.1 Historical Trend (2018-2024)
- 11.4.2 Forecast Trend (2025-2034)
- 11.5 Others
- 12 Market Dynamics
- 12.1 SWOT Analysis
- 12.1.1 Strengths
- 12.1.2 Weaknesses
- 12.1.3 Opportunities
- 12.1.4 Threats
- 12.2 Porter’s Five Forces Analysis
- 12.2.1 Supplier’s Power
- 12.2.2 Buyer’s Power
- 12.2.3 Threat of New Entrants
- 12.2.4 Degree of Rivalry
- 12.2.5 Threat of Substitutes
- 12.3 Key Indicators of Demand
- 12.4 Key Indicators of Price
- 13 Trade Data Analysis (HS Code – 8418)
- 13.1 Major Exporting Countries
- 13.1.1 By Value
- 13.1.2 By Volume
- 13.2 Major Importing Countries
- 13.2.1 By Value
- 13.2.2 By Volume
- 14 Competitive Landscape
- 14.1 Supplier Selection
- 14.2 Key Global Players
- 14.3 Key Regional Players
- 14.4 Key Player Strategies
- 14.5 Company Profiles
- 14.5.1 Samsung Electronics Co., Ltd.
- 14.5.1.1 Company Overview
- 14.5.1.2 Product Portfolio
- 14.5.1.3 Demographic Reach and Achievements
- 14.5.1.4 Certifications
- 14.5.2 LG Electronics Inc.
- 14.5.2.1 Company Overview
- 14.5.2.2 Product Portfolio
- 14.5.2.3 Demographic Reach and Achievements
- 14.5.2.4 Certifications
- 14.5.3 Whirlpool Corporation
- 14.5.3.1 Company Overview
- 14.5.3.2 Product Portfolio
- 14.5.3.3 Demographic Reach and Achievements
- 14.5.3.4 Certifications
- 14.5.4 Hisense Corporation
- 14.5.4.1 Company Overview
- 14.5.4.2 Product Portfolio
- 14.5.4.3 Demographic Reach and Achievements
- 14.5.4.4 Certifications
- 14.5.5 Robert Bosch GmbH
- 14.5.5.1 Company Overview
- 14.5.5.2 Product Portfolio
- 14.5.5.3 Demographic Reach and Achievements
- 14.5.5.4 Certifications
- 14.5.6 SMEG S.p.A.
- 14.5.6.1 Company Overview
- 14.5.6.2 Product Portfolio
- 14.5.6.3 Demographic Reach and Achievements
- 14.5.6.4 Certifications
- 14.5.7 Electrolux AB
- 14.5.7.1 Company Overview
- 14.5.7.2 Product Portfolio
- 14.5.7.3 Demographic Reach and Achievements
- 14.5.7.4 Certifications
- 14.5.8 AFE Group
- 14.5.8.1 Company Overview
- 14.5.8.2 Product Portfolio
- 14.5.8.3 Demographic Reach and Achievements
- 14.5.8.4 Certifications
- 14.5.9 Miele Co. Ltd.
- 14.5.9.1 Company Overview
- 14.5.9.2 Product Portfolio
- 14.5.9.3 Demographic Reach and Achievements
- 14.5.9.4 Certifications
- 14.5.10 Haier Inc.
- 14.5.10.1 Company Overview
- 14.5.10.2 Product Portfolio
- 14.5.10.3 Demographic Reach and Achievements
- 14.5.10.4 Certifications
- 14.5.11 Others
Pricing
Currency Rates
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