Retail volume sales of refrigeration appliances are set to see a modest rise in the Philippines in 2024. The category is expected to register slower growth during the year, the second lowest growth rate in the past 12 years, as consumers are changing their purchasing priorities after an extended period of strong inflation and high interest rates. While inflation has slowly subsided, consumers remain cautious about the future. High food inflation and increasing consumer prices have further impact...
Euromonitor International's Refrigeration Appliances in Philippines 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 the Philippines
Euromonitor International
December 2024
List Of Contents And Tables
REFRIGERATION APPLIANCES IN THE PHILIPPINES
KEY DATA FINDINGS
2024 DEVELOPMENTS
Continued economic uncertainty and changing priorities
Growing awareness of energy efficiency and smart features
Panasonic and LG remain top of mind amidst cheaper alternatives
PROSPECTS AND OPPORTUNITIES
Fast-growing economy is expected to drive strong sales growth
E-commerce growth remains moderate while online engagement can drive awareness
Aggressive expansion from Chinese brands to change market landscape
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