Market Research

Global Refrigerator Market By Type (Side-by-Side, Top Freezer, French Door, Bottom Freezer, Single Door), By Distribution Channel (Multi-Branded Stores, Supermarkets/Hypermarkets, Online and Others (Institutional Sales, Exclusive Stores)), By Region, Comp

Best Price Guarantee Length Publisher Published Date SKU
from $4,900 115 Pages TechSci Research September, 2022 TCSI17387605
Best Price Guarantee
Price from $4,900
Length 115 Pages
Publisher TechSci Research
Published Date September, 2022
SKU TCSI17387605

Global Refrigerator Market By Type (Side-by-Side, Top Freezer, French Door, Bottom Freezer, Single Door), By Distribution Channel (Multi-Branded Stores, Supermarkets/Hypermarkets, Online and Others (Institutional Sales, Exclusive Stores)), By Region, Competition Forecast and Opportunities, 2027

The global refrigerator market is expected to reach USD87.39 billion by 2027F, with a CAGR of 4.88% during the forecast period. The increasing population, disposable income, and technological advancements mainly drive the global refrigerator market in urban areas. The refrigerator has been one of the essential home appliance innovations over the years. The rising demand for refrigerators moved the makers to think of new technologies to improve the utility of refrigerators around the globe.

The global refrigerator market is vast, and it is the market that has the highest number of innovations. Every market leader wants to provide their users with a new and innovative refrigerator. The refrigerator can be segmented into side-by-side, top freezer, french door, bottom freezer, and single door based on their types. With the emergence of the e-commerce business and rising internet penetration rates worldwide, manufacturers now have new ways to reach their customers. The online sales channel has enabled companies to expand their distribution reach and serve customers in even the most remote areas, supporting the global refrigerator market's growth. One of the primary drivers of the global refrigerator market is rising GDP per capita income. It denotes increased consumer purchasing power and a higher standard of living. With increasing GDP per capita income worldwide, demand for refrigerators is expected to rise during the forecast period.

During the COVID-19 pandemic, the demand for goods that improve comfort at home, such as refrigerators, electric cooking appliances, washing machines, and ACs, increased due to the continuation of work from home culture. The COVID-19 pandemic disrupted the supply chain and caused financial uncertainties among working people, adversely impacting the market development, especially in year 2020

Rise in Adoption of Smart Infrastructure and Increasing Use of IoT Technologies

Advancements in technology and higher market competition are fueling the demand for refrigerators among the consumers. The usage of IoT has been developing in refrigerators owing to which it is possible for the user to remotely control the functions inside the refrigerator. With smart home devices and appliances, the home is getting smarter with new gadgets that are accessible with internet connections which empower convenience and comfort to carry out all the functions easily. The new inverter innovation controls the energy and power utilization according to the customer's necessities so that the consumers will not have to pay very high bills. This is because there are numerous different improvements in refrigerators, such as advanced features, cost, energy efficiency, etc., which lead to increased demand for refrigerators in the Indian market.

Rising Demand of Refrigerators for Residential and Commercial Purposes

The global refrigerator market is expected to grow due to infrastructural development in both, residential and commercial sector, which will consequently lead to an increase in demand for refrigerators. Additionally, high cooling feature refrigerators are utilized in hotels and restaurants to provide speedy service and prevent food from going stale. Therefore, as demand for the hospitality industry grows, so does the need for refrigerators. Moreover, the demand for refrigerators is being fueled by the increasing consumption of various frozen and processed goods worldwide.

Government Initiative Promoting Energy Efficient Home Appliances to Drive Growth

Governments across the world are developing new regulations to reduce residential appliances' energy usage. Energy-efficient home appliances are produced and consumed with the help of policies, which also make it easier to contribute to environmental sustainability. For instance, according to the United for Efficiency (U4E) organization article titled "Accelerating the Global Adoption of Climate Friendly and Energy Efficient Refrigerators," the Brazilian Government has provided a supportive policy to offer a mandatory Brazilian comparison label which would help to enable consumers to decide on purchasing under the consideration of the energy efficiency of the refrigerator. Additionally, incentive schemes such as coupons, discounts, and vouchers offered by the companies would entice customers to buy electrical appliances and help to grow the market.

Market Segmentation

The global refrigerator market is segmented based on type, distribution channel, region, and competition. Based on type, the market is segmented into side-by-side, top freezer, french door, bottom freezer, and single door. Based on distribution channel, the market is segmented into multi-branded stores, supermarkets/hypermarkets, online, and others. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Asia-Pacific, North America, Europe, South America, and Middle East & Africa. In terms of country, the United States refrigerator market is forecast to grow at a faster rate and is expected to reach around USD8.54 billion during the forecast period.

Company Profiles

Samsung Electronics Co., Ltd, Whirlpool Corporation, Robert Bosch GmbH, LG Electronics Inc., AB Electrolux, Panasonic Corporation, Haier Smart Home Co., Ltd., Midea Group Co., Ltd., Hitachi Ltd., Godrej & Boyce Manufacturing Company Limited, and others are among the major market players in the refrigerator industry that led the market growth of the global refrigerator market.

Report Scope:

In this report, global refrigerator market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Refrigerator Market, By Type:
  • Side-by-Side
  • Top Freezer
  • French door
  • Bottom freezer
  • Single Door
  • Global Refrigerator Market, By Distribution Channel:
  • Multi-Branded Stores
  • Supermarkets/Hypermarkets
  • Online
  • Others
  • Global Refrigerator Market, By Region:
    • Asia-Pacific
    • China
    • Indonesia
    • Japan
    • India
    • South Korea
    • Australia
    • North America
    • United States
    • Mexico
    • Canada
    • Europe
    • Germany
    • United Kingdom
    • France
    • Spain
    • Italy
    • Poland
    • Netherlands
    • South America
    • Brazil
    • Colombia
    • Argentina
    • Chile
    • Middle East & Africa
    • Egypt
    • Turkey
    • South Africa
    • Saudi Arabia
    • UAE
    Competitive Landscape

    Company Profiles: Detailed analysis of the major companies present in global refrigerator market.

    Company Information
    • Detailed analysis and profiling of additional market players (up to five).
    Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights


    1. Product Overview
    2. Research Methodology
    3. Executive Summary
    4. Impact of COVID-19 on Global Refrigerator Market
    5. Voice of Customer
    5.1. Brand Awareness
    5.2. Factor Affecting While Purchasing of Refrigerator
    5.3. Sources of Information
    6. Global Refrigerator Market Outlook
    6.1. Market Size & Forecast
    6.1.1. By Value & Volume
    6.2. Market Share & Forecast
    6.2.1. By Type (Side-by-Side, Top freezer, French Door, Bottom Freezer, and Single Door)
    6.2.2. By Distribution Channel (Multi-Branded Stores, Supermarkets/Hypermarkets, Online and Others)
    6.2.3. Region
    6.2.4. By Company (2021)
    7. Asia-Pacific Refrigerator Market Outlook
    7.1. Market Size & Forecast
    7.1.1. By Value & Volume
    7.2. Market Share & Forecast
    7.2.1. By Type
    7.2.2. By Distribution Channel
    7.2.3. By Country
    7.2.3.1. China Refrigerator Market Outlook
    7.2.3.1.1. Market Size & Forecast
    7.2.3.1.1.1. By Value & Volume
    7.2.3.1.2. Market Share & Forecast
    7.2.3.1.2.1. By Type
    7.2.3.1.2.2. By Distribution Channel
    7.2.3.2. Indonesia Refrigerator Market Outlook
    7.2.3.2.1. Market Size & Forecast
    7.2.3.2.1.1. By Value & Volume
    7.2.3.2.2. Market Share & Forecast
    7.2.3.2.2.1. By Type
    7.2.3.2.2.2. By Distribution Channel
    7.2.3.3. Japan Refrigerator Market Outlook
    7.2.3.3.1. Market Size & Forecast
    7.2.3.3.1.1. By Value & Volume
    7.2.3.3.2. Market Share & Forecast
    7.2.3.3.2.1. By Type
    7.2.3.3.2.2. By Distribution Channel
    7.2.3.4. India Refrigerator Market Outlook
    7.2.3.4.1. Market Size & Forecast
    7.2.3.4.1.1. By Value & Volume
    7.2.3.4.2. Market Share & Forecast
    7.2.3.4.2.1. By Type
    7.2.3.4.2.2. By Distribution Channel
    7.2.3.5. South Korea Refrigerator Market Outlook
    7.2.3.5.1. Market Size & Forecast
    7.2.3.5.1.1. By Value & Volume
    7.2.3.5.2. Market Share & Forecast
    7.2.3.5.2.1. By Type
    7.2.3.5.2.2. By Distribution Channel
    7.2.3.6. Australia Refrigerator Market Outlook
    7.2.3.6.1. Market Size & Forecast
    7.2.3.6.1.1. By Value & Volume
    7.2.3.6.2. Market Share & Forecast
    7.2.3.6.2.1. By Type
    7.2.3.6.2.2. By Distribution Channel
    8. North America Refrigerator Market Outlook
    8.1. Market Size & Forecast
    8.1.1. By Value & Volume
    8.2. Market Share & Forecast
    8.2.1. By Type
    8.2.2. By Distribution Channel
    8.2.3. By Country
    8.2.3.1. United States Refrigerator Market Outlook
    8.2.3.1.1. Market Size & Forecast
    8.2.3.1.1.1. By Value & Volume
    8.2.3.1.2. Market Share & Forecast
    8.2.3.1.2.1. By Type
    8.2.3.1.2.2. By Distribution Channel
    8.2.3.2. Mexico Refrigerator Market Outlook
    8.2.3.2.1. Market Size & Forecast
    8.2.3.2.1.1. By Value & Volume
    8.2.3.2.2. Market Share & Forecast
    8.2.3.2.2.1. By Type
    8.2.3.2.2.2. By Distribution Channel
    8.2.3.3. Canada Refrigerator Market Outlook
    8.2.3.3.1. Market Size & Forecast
    8.2.3.3.1.1. By Value & Volume
    8.2.3.3.2. Market Share & Forecast
    8.2.3.3.2.1. By Type
    8.2.3.3.2.2. By Distribution Channel
    9. Europe Refrigerator Market Outlook
    9.1. Market Size & Forecast
    9.1.1. By Value & Volume
    9.2. Market Share & Forecast
    9.2.1. By Type
    9.2.2. By Distribution Channel
    9.2.3. By Country
    9.2.3.1. Germany Refrigerator Market Outlook
    9.2.3.1.1. Market Size & Forecast
    9.2.3.1.1.1. By Value & Volume
    9.2.3.1.2. Market Share & Forecast
    9.2.3.1.2.1. By Type
    9.2.3.1.2.2. By Distribution Channel
    9.2.3.2. United Kingdom Refrigerator Market Outlook
    9.2.3.2.1. Market Size & Forecast
    9.2.3.2.1.1. By Value & Volume
    9.2.3.2.2. Market Share & Forecast
    9.2.3.2.2.1. By Type
    9.2.3.2.2.2. By Distribution Channel
    9.2.3.3. France Refrigerator Market Outlook
    9.2.3.3.1. Market Size & Forecast
    9.2.3.3.1.1. By Value & Volume
    9.2.3.3.2. Market Share & Forecast
    9.2.3.3.2.1. By Type
    9.2.3.3.2.2. By Distribution Channel
    9.2.3.4. Spain Refrigerator Market Outlook
    9.2.3.4.1. Market Size & Forecast
    9.2.3.4.1.1. By Value & Volume
    9.2.3.4.2. Market Share & Forecast
    9.2.3.4.2.1. By Type
    9.2.3.4.2.2. By Distribution Channel
    9.2.3.5. Italy Refrigerator Market Outlook
    9.2.3.5.1. Market Size & Forecast
    9.2.3.5.1.1. By Value & Volume
    9.2.3.5.2. Market Share & Forecast
    9.2.3.5.2.1. By Type
    9.2.3.5.2.2. By Distribution Channel
    9.2.3.6. Poland Refrigerator Market Outlook
    9.2.3.6.1. Market Size & Forecast
    9.2.3.6.1.1. By Value & Volume
    9.2.3.6.2. Market Share & Forecast
    9.2.3.6.2.1. By Type
    9.2.3.6.2.2. By Distribution Channel
    9.2.3.7. Netherlands Refrigerator Market Outlook
    9.2.3.7.1. Market Size & Forecast
    9.2.3.7.1.1. By Value & Volume
    9.2.3.7.2. Market Share & Forecast
    9.2.3.7.2.1. By Type
    9.2.3.7.2.2. By Distribution Channel
    10. South America Refrigerator Market Outlook
    10.1. Market Size & Forecast
    10.1.1. By Value & Volume
    10.2. Market Share & Forecast
    10.2.1. By Type
    10.2.2. By Distribution Channel
    10.2.3. By Country
    10.2.3.1. Brazil Refrigerator Market Outlook
    10.2.3.1.1. Market Size & Forecast
    10.2.3.1.1.1. By Value & Volume
    10.2.3.1.2. Market Share & Forecast
    10.2.3.1.2.1. By Type
    10.2.3.1.2.2. By Distribution Channel
    10.2.3.2. Colombia Refrigerator Market Outlook
    10.2.3.2.1. Market Size & Forecast
    10.2.3.2.1.1. By Value & Volume
    10.2.3.2.2. Market Share & Forecast
    10.2.3.2.2.1. By Type
    10.2.3.2.2.2. By Distribution Channel
    10.2.3.3. Argentina Refrigerator Market Outlook
    10.2.3.3.1. Market Size & Forecast
    10.2.3.3.1.1. By Value & Volume
    10.2.3.3.2. Market Share & Forecast
    10.2.3.3.2.1. By Type
    10.2.3.3.2.2. By Distribution Channel
    10.2.3.4. Chile Refrigerator Market Outlook
    10.2.3.4.1. Market Size & Forecast
    10.2.3.4.1.1. By Value & Volume
    10.2.3.4.2. Market Share & Forecast
    10.2.3.4.2.1. By Type
    10.2.3.4.2.2. By Distribution Channel
    11. Middle East & Africa Refrigerator Market Outlook
    11.1. Market Size & Forecast
    11.1.1. By Value & Volume
    11.2. Market Share & Forecast
    11.2.1. By Type
    11.2.2. By Distribution Channel
    11.2.3. By Country
    11.2.3.1. Egypt Refrigerator Market Outlook
    11.2.3.1.1. Market Size & Forecast
    11.2.3.1.1.1. By Value & Volume
    11.2.3.1.2. Market Share & Forecast
    11.2.3.1.2.1. By Type
    11.2.3.1.2.2. By Distribution Channel
    11.2.3.2. Turkey Refrigerator Market Outlook
    11.2.3.2.1. Market Size & Forecast
    11.2.3.2.1.1. By Value & Volume
    11.2.3.2.2. Market Share & Forecast
    11.2.3.2.2.1. By Type
    11.2.3.2.2.2. By Distribution Channel
    11.2.3.3. South Africa Refrigerator Market Outlook
    11.2.3.3.1. Market Size & Forecast
    11.2.3.3.1.1. By Value & Volume
    11.2.3.3.2. Market Share & Forecast
    11.2.3.3.2.1. By Type
    11.2.3.3.2.2. By Distribution Channel
    11.2.3.4. Saudi Arabia Refrigerator Market Outlook
    11.2.3.4.1. Market Size & Forecast
    11.2.3.4.1.1. By Value & Volume
    11.2.3.4.2. Market Share & Forecast
    11.2.3.4.2.1. By Type
    11.2.3.4.2.2. By Distribution Channel
    11.2.3.5. UAE Refrigerator Market Outlook
    11.2.3.5.1. Market Size & Forecast
    11.2.3.5.1.1. By Value & Volume
    11.2.3.5.2. Market Share & Forecast
    11.2.3.5.2.1. By Type
    11.2.3.5.2.2. By Distribution Channel
    12. Market Dynamics
    12.1. Drivers
    12.2. Challenges
    13. Market Trends & Developments
    14. Competitive Landscape
    14.1. Company Profiles
    14.1.1. Samsung Electronics Co., Ltd
    14.1.2. Whirlpool Corporation
    14.1.3. Robert Bosch GmbH
    14.1.4. LG Electronics Inc.
    14.1.5. AB Electrolux
    14.1.6. Panasonic Corporation,
    14.1.7. Haier Smart Home Co., Ltd.
    14.1.8. Midea Group Co., Ltd.
    14.1.9. Hitachi Ltd.
    14.1.10. Godrej & Boyce Manufacturing Company Limited
    15. Strategic Recommendations

    $4,900
    $5,900
    $8,900

    Research Assistance

    US: 800.298.5699
    Int'l: +1.240.747.3093
    Live help
    Download our eBook: How to Succeed Using Market Research

    Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

    Download eBook

    Other tasks

    Cookie Settings