Major appliances has been affected by the slowdown in the country’s real estate industry and the decline of the economy. Therefore, refrigeration appliances in China is expected to see only a low increase in retail volume terms in 2024, along with a marginally higher growth rate in retail current value terms. However, the performance could have been worse if was not for the launch of appliance replacement incentives in the second half of the year.
Euromonitor International's Refrigeration Appliances in China report offers a comprehensive guide to the size and shape of the market at a national level. It provides the latest retail sales data 2019-2023, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market – be they new product developments, format trends or distribution issues. Forecasts to 2028 illustrate how the market is set to change.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
Why buy this report? * Get a detailed picture of the Refrigeration Appliances market; * Pinpoint growth sectors and identify factors driving change; * Understand the competitive environment, the market’s major players and leading brands; * Use five-year forecasts to assess how the market is predicted to develop.
Refrigeration Appliances in China
Euromonitor International
November 2024
List Of Contents And Tables
REFRIGERATION APPLIANCES IN CHINA
KEY DATA FINDINGS
2024 DEVELOPMENTS
Little movement for refrigeration appliances amidst economic downturn and government incentives
Premiumisation due to rising costs and shifting corporate strategies
Competitive strategies due to shrinking domestic demand and rising costs
PROSPECTS AND OPPORTUNITIES
Continued growth, and offering different features as consumer requirements change
Incorporation of AI in refrigeration appliances
Replacement incentives and circular refrigeration appliances
CATEGORY DATA
Table 1 Sales of Refrigeration Appliances by Category: Volume 2019-2024
Table 2 Sales of Refrigeration Appliances by Category: Value 2019-2024
Table 3 Sales of Refrigeration Appliances by Category: % Volume Growth 2019-2024
Table 4 Sales of Refrigeration Appliances by Category: % Value Growth 2019-2024
Table 5 Sales of Freezers by Format: % Volume 2019-2024
Table 6 Sales of Freezers by Volume Capacity: % Volume 2019-2024
Table 7 Sales of Fridge Freezers by Format: % Volume 2019-2024
Table 8 Sales of Fridge Freezers by Volume Capacity: % Volume 2019-2024
Table 9 Sales of Fridge Freezers by Smart Appliances: % Volume 2020-2024
Table 10 Sales of Fridges by Volume Capacity: % Volume 2019-2024
Table 11 NBO Company Shares of Refrigeration Appliances: % Volume 2020-2024