Saudi Arabia Refrigerator Market

Saudi Arabia Refrigerator Market

Middle East Riviera is expected to generate 2,500 luxury hotels rooms and the red sea project, which will feature 90 islands for people to visit. The growing construction and development of the hospitality sector are expected to accelerate the demand for refrigerators and mini-fridges in hotel rooms to provide an enhanced experience during the hotel stay. The growing tourism industry and construction of hotels, restaurants, and cafes are expected to fuel the Saudi Arabia refrigerator market demand in the next five years.

Growing Popularity of Environment Friendly Refrigerators Fuels the Market Demand

The lower the high electricity consumption, the government of Saudi Arabia has made it necessary for the refrigerator companies to sell energy-efficient refrigerators with 3 & above star ratings. Manufacturers are working on improving the energy efficiency of refrigerators. They are launching the refrigerators with innovative technologies such as intelligent diagnosis technology, inverter technology, and total no frost technology, which is expected to capture significant market demand in coming years. The growing consumer awareness and the launch of eco-friendly refrigerators are expected to bolster the market demand through the next five years.

Market Segmentation

The Saudi Arabia refrigerator market is segmented into product type, end user, distribution channel, regional distribution, and company. Based on product type, the market is divided into top freezer refrigerator, bottom freezer refrigerator, side-by-side refrigerator, french door refrigerator, others. The others segment is further segmented into counter-depth refrigerator and mini fridge. Based on end user, the market is bifurcated into individual and commercial. Based on distribution channel, the market is divided into electronic and specialty retailers, hypermarkets/ supermarkets, online channels, and others which includes institutional stores. To analyze the market based on the region, the Saudi Arabia refrigerator market is studied in major regions namely western, central, southern, eastern, and northern.

Market Players

Panasonic Marketing Middle East & Africa FZE, Robert Bosch Saudi Arabia Ltd, Samsung Electronics, Toshiba Lifestyle Products and Services Corporation, Dan National Electronic and Electrical Appliances Company Ltd., Haier and Aljabr Saudi Electronics Trading Company, Arcelik Hitachi Home Appliances Sales Middle East Fze, LG Electronics Gulf FZE, Kutayba Yusuf Alghanim & Partners Holding Co. L.L.C. (Wansa), Daewoo Electronics, are the major market players operating in the Saudi Arabia refrigerator market.

Report Scope:

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

• Saudi Arabia Refrigerator Market, By Product Type:
• Top Freezer Refrigerator
• Bottom Freezer Refrigerator
• Side-by-Side Refrigerator
• French Door Refrigerator
• Others
• Saudi Arabia Refrigerator Market, By End User:
• Individual
• Commercial
• Saudi Arabia Refrigerator Market, By Distribution Channel:
• Electronic and Specialty Retailers
• Hypermarkets/ Supermarkets
• Online Channels
• Others
• Saudi Arabia Refrigerator Market, By Region:
• Western
• Central
• Southern
• Eastern
• Northern

Competitive Landscape

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

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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