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Household Refrigerators And Freezers Market Revenue And Volume Analysis By Product (Deep Freezers, Low & Medium-End Refrigerators, High-End Refrigerators), And Segment Forecasts To 2025

Household Refrigerators And Freezers Market Revenue And Volume Analysis By Product (Deep Freezers, Low & Medium-End Refrigerators, High-End Refrigerators), And Segment Forecasts To 2025

The global household refrigerators & freezers market is expected to reach USD 37.6 billion by 2025, according to a new report by Grand View Research, Inc. High replacement demand and resulting obsolescence of conventional freezers & refrigeration units is expected to have a positive impact on the high-end product segment growth over the next nine years.

Key factors driving the industry growth include the rise in nuclear families, increasing disposable income, focus on enhanced lifestyle products and dual income families. Technology efforts are focused on improving the inside equipment structure whereas R&D enables their easy operation. Advancements in refrigeration technology such as touch screen, USB and internet connectivity are gaining importance. For instance, General Electric introduced magnetic refrigeration technology, which is 20% more efficient as compared to traditional products. Additionally, advances in cooling technology such as the use of propane as a refrigerant are offering the cost-effective and energy-efficient alternative to conventional equipment.

The impact of government regulations is driving the transformation of household refrigeration segment. The U.S. Environmental Protection Agency has approved the use of isobutene, propane and R-441A as acceptable refrigerants for replacing the ozone-depleting substances in household refrigerators. Manufactures are strengthening their position in the high-end products, developing service and aftermarket operations.

Further key findings from the report suggest:

The high-end refrigerators segment is anticipated to grow at a CAGR of over 7% from 2016 to 2025. Increasing demand for frost-free and double-door refrigerators is expected to open new growth avenues in this segment.

Europe is expected to account for over 21% and 24% revenue & volume share respectively by 2025. The growth in the region can be attributed to the increased demand for processed and frozen food. In Eastern Europe, Russia has a high penetration of refrigeration equipment as these products are manufactured in the country under license from foreign companies.

Western Europe is one of the key regions characterized by the pricing pressures owing to the increased global competition and presence of large brands, retailers and manufacturers.

The Middle East & Africa household refrigerators & freezers market is expected to grow at a CAGR of over 7.2% from 2016 to 2025. The growth in the regional consumer appliances industry is expected to propel the demand for cooling products. Additionally, the Middle East offers a base for the regional manufacturing sector.

The key players in the household refrigerators & freezers market include Samsung Electronics, LG Corporation, Haier Group, AB Electrolux, and The Whirlpool Corporationamong others. Key players are focusing on product transition owing to favorable component pricing coupled with continuous efficiency in the manufacturing process.


Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. List of Data Sources
Chapter 2. Executive Summary
Chapter 3. Market Snapshot
3.1. Household refrigerators & freezers - Market snapshot & key buying criteria, 2010-2025
Chapter 4. Household refrigerators & freezers Industry Outlook
4.1. Market segmentation
4.2. Household refrigerators & freezers - Market size and growth prospects
4.3. Household refrigerators & freezers - Value chain analysis
4.3.1. Vendor Landscape
4.4. Household refrigerators & freezers market dynamics
4.4.1. Market driver analysis
4.4.1.1. Rising demand for cost-effective and energy-efficient equipment
4.4.1.2. Decline in product prices
4.4.2. Market restraint analysis
4.4.2.1. High energy consumption
4.5. Penetration & growth prospect mapping
4.6. Industry analysis - Porter's
4.7. Household refrigerators & freezers-Key company analysis, 2015
4.8. Household refrigerators & freezers market PESTEL analysis, 2015
Chapter 5. Household Refrigerators & Freezers Product Outlook
5.1. Deep freezers
5.1.1. Global market estimates and forecasts, 2010 - 2025
5.2. Low and medium-end refrigerators
5.2.1. Global market estimates and forecasts, 2010 - 2025
5.3. High-end refrigerators
5.3.1. Global market estimates and forecasts, 2010 - 2025
Chapter 6. Household Refrigerators & Freezers Regional Outlook
6.1. North America
6.1.1. Household refrigerators & freezers market by product, 2010 - 2025
6.2. Europe
6.2.1. Household refrigerators & freezers market by product, 2010 - 2025
6.2.2. Germany
6.3. Asia Pacific
6.3.1. Household refrigerators & freezers market by product, 2010 - 2025
6.4. Latin America
6.4.1. Household refrigerators & freezers market by product, 2010 - 2025
6.5. MEA
6.5.1. Household refrigerators & freezers market by product, 2010 - 2025
Chapter 7. Competitive Landscape
7.1. AB Electrolux
7.1.1. Company Overview
7.1.2. Financial Performance
7.1.3. Product Benchmarking
7.1.4. Strategic Initiatives
7.2. Dacor Inc.
7.2.1. Company Overview
7.2.2. Financial Performance
7.2.3. Product Benchmarking
7.2.4. Strategic Initiatives
7.3. Dover Corporation
7.3.1. Company Overview
7.3.2. Financial Performance
7.3.3. Product Benchmarking
7.3.4. Strategic Initiatives
7.4. Godrej Industries
7.4.1. Company Overview
7.4.2. Financial Performance
7.4.3. Product Benchmarking
7.4.4. Strategic Initiatives
7.5. Haier Group Corporation
7.5.1. Company Overview
7.5.2. Financial Performance
7.5.3. Product Benchmarking
7.5.4. Strategic Initiatives
7.6. LG Electronics
7.6.1. Company Overview
7.6.2. Financial Performance
7.6.3. Product Benchmarking
7.6.4. Strategic Initiatives
7.7. Panasonic Corporation
7.7.1. Company Overview
7.7.2. Financial Performance
7.7.3. Product Benchmarking
7.7.4. Strategic Initiatives
7.8. Philips Electronics
7.8.1. Company Overview
7.8.2. Financial Performance
7.8.3. Product Benchmarking
7.8.4. Strategic Initiatives
7.9. Robert Bosch GmbH
7.9.1. Company Overview
7.9.2. Financial Performance
7.9.3. Product Benchmarking
7.9.4. Strategic Initiatives
7.10. Samsung Electronics
7.10.1. Company Overview
7.10.2. Financial Performance
7.10.3. Product Benchmarking
7.10.4. Strategic Initiatives
7.11. The Whirlpool Corporation
7.11.1. Company Overview
7.11.2. Financial Performance
7.11.3. Product Benchmarking
7.11.4. Strategic Initiatives
List of Tables
1. Global household refrigerators & freezers market, 2010 - 2025 (Revenue & Volume)
2. Global market estimates and forecasts by region, 2010 - 2025 (Revenue & Volume)
3. Global market estimates and forecasts by product, 2010 - 2025 (Revenue & Volume)
4. Global deep freezers market by region, 2010 - 2025 (Revenue & Volume)
5. Global high-end market by region, 2010 - 2025 (Revenue & Volume)
6. Global low and medium-end market by region, 2010 - 2025 (Revenue & Volume)
7. North America market by product, 2010 - 2025 (Revenue & Volume)
8. Europe market by product, 2010 - 2025 (Revenue & Volume)
9. Asia Pacific market by product, 2010 - 2025 (Revenue & Volume)
10. Latin America market by product, 2010 - 2025 (Revenue & Volume)
11. MEA market by product, 2010 - 2025 (Revenue & Volume)
List of Figures
1. Market snapshot
2. Market segmentation
3. Household refrigerators & freezers - Market size and growth prospects
4. Household refrigerators & freezers - Value chain analysis
5. Market dynamics
6. Porter’s five force analysis
7. Penetration & growth prospect mapping
8. Company market share, 2015
9. Household refrigerators & freezers - PESTEL analysis
10. Household refrigerators & freezers market product outlook key takeaways
11. Household refrigerators & freezers market: product movement analysis
12. Global deep freezers market, 2010 - 2025 (Revenue & Volume)
13. Global high-end refrigerators market, 2010 - 2025 (Revenue & Volume)
14. Global low and medium - end refrigerators market, 2010 - 2025 (Revenue & Volume)
15. Regional market place key takeaways
16. Regional outlook, 2015 & 2025

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