Press release
Refrigerators Market Sales, Supply, Demand, Analysis And Future Forecast To 2033
Refrigerators Market
Refrigerators Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $63.58 billion In 2028 At A CAGR Of 5.6% :
The refrigerators market size has grown strongly in recent years. It will grow from $48.22 billion in 2023 to $51.19 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to growing demand for frozen and chilled food products, changing lifestyles and food habits, marketing and advertising, urbanization and smaller living spaces, .
The refrigerators market size is expected to see strong growth in the next few years. It will grow to $63.58 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The growth in the forecast period can be attributed to energy efficiency and sustainability, smart home integration,health and wellness, customization and aesthetics, aging population. Major trends in the forecast period include french door refrigerators, wi-fi-connected refrigerators, energy-efficient compressors, sustainable materials, specialty refrigerators.
Request A Sample Of This Report - https://www.thebusinessresearchcompany.com/sample.aspx?id=3822&type=smp
Refrigerators Market Major Segments
The refrigerators market covered in this report is segmented -
1) By Type: Single-Door, Double-Door, French-Door, Other Types
2) By Freezer Location: Freezer-on-Top, Freezer-on-Bottom, Freezer-Less
3) By Distribution Channel: Specialty Retailers, Department Stores, Mass Retailers/Hypermarkets/Supermarkets, Discount Stores, Online
4) By Application: Household, Commercial Use, Industrial Use
Key Driver - Processed Food Consumption And Changing Dietary Habits Fuel Refrigerators Market Growth
The increasing consumption of processed food products such as frozen meat, vegetables, and dairy products as well as change in the dietary habits of consumers is driving the refrigerators market growth. Due to busy lifestyles, consumers are increasingly relying on processed food and prepared meals that require refrigerators for storage. According to Rentokil, the processed food industries are valued at $2 trillion globally. The huge market for processed food products is expected to drive the growth of the refrigerators market.
Customise This Report As Per Your Requirements - https://www.thebusinessresearchcompany.com/Customise?id=3822&type=smp
Prominent Trend - Implementation Of IOT And Embedded Sensors For Enhanced Refrigerator Functionality
Refrigerators manufacturers are implementing technologies such as IoT and embedded sensors in their products to improve overall functionality. Manufacturers are introducing advanced human-machine interface designs in refrigerators and also manufacturing refrigerators that can automatically recognize the type and weight of the food stored in the refrigerators, and adjust and monitor the temperature as required.
Refrigerators Market Players
Major companies operating in the refrigerators market include Electrolux AB, Haier Group Corporation, LG Electronics Inc., Samsung Electronics Co. Ltd., Whirlpool Corporation, Hitachi Ltd., Bosch (Robert Bosch GmbH), Hisense Group Co. Ltd., Sharp Corporation, Siemens AG, TCL Corporation, Kinghome Electrical Appliance Co. Ltd., Midea Group Co. Ltd., Panasonic Corporation, Meiling (Guangdong Meiling Group Co. Ltd.), DIQUA, Frestec (Frestech Group), Casarte, Homa Appliances Co. Ltd., LittleSwan (Qingdao Haier Washing Machine Co. Ltd.), Konka Group Co. Ltd., Toshiba Corporation, Arçelik (Arçelik A.Ş.), Godrej Group, Mitsubishi Electric Corporation, General Electric Appliances (GE Appliances), Galanz Group Co. Ltd., Liebherr Group, Viking Range LLC, Sub-Zero Group Inc., Thermador (Bosch Thermotechnology), Dacor Inc., Fisher & Paykel Appliances Ltd., Gaggenau Hausgeräte GmbH, Jenn-Air Corporation, KitchenAid Inc., Maytag Corporation, Kenmore Appliances, Amana (Amana Corporation), Frigidaire International, Hotpoint Appliances, Indesit Company S.p.A., Smeg S.p.A
View The Full Report Here - https://www.thebusinessresearchcompany.com/report/refrigerators-global-market-report
Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the refrigerators market in 2023. Western Europe was the second-largest region in the refrigerators market. The regions covered in the refrigerators market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Refrigerators Market Report Structure
3. Refrigerators Market Trends And Strategies
4. Refrigerators Market - Macro Economic Scenario
5. Refrigerators Market Size And Growth
…..
27. Refrigerators Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Refrigerators Market Sales, Supply, Demand, Analysis And Future Forecast To 2033 here
News-ID: 3553815 • Views: …
More Releases from The Business research company
Future Perspective: Key Factors Influencing the Intelligent Road System Market U …
The intelligent road system market is rapidly advancing as technology and infrastructure evolve to meet the demands of modern transportation. With the rise of autonomous vehicles and smart city initiatives, this sector is set to experience significant growth in the coming years. Here, we explore the market's size, leading players, key trends, and segmentation to provide a comprehensive overview of the intelligent road system landscape.
Strong Growth Outlook for the Intelligent…
Segment Analysis and Major Growth Areas in the Consumer Telematics Market
The consumer telematics market is on the brink of remarkable expansion, driven by increasing demand for vehicle monitoring and safety solutions. Advances in technology combined with growing smartphone usage and affordable data plans are setting the stage for significant market growth. Let's explore the current market size, key players, emerging trends, and detailed segment insights shaping this industry's future.
Consumer Telematics Market Size and Growth Projections
The consumer telematics market…
Worldwide Trends Overview: The Rapid Evolution of the Vehicle Diagnostics Market
The vehicle diagnostics sector is gearing up for significant expansion, driven by rapid technological advancements and evolving automotive needs. As vehicles become increasingly complex and connected, diagnostic solutions are evolving to offer more precise, efficient, and predictive capabilities. Let's explore the current market size, key players, emerging trends, and segmentation details that shape the future of this dynamic industry.
Projected Market Growth and Size of the Vehicle Diagnostics Market
The…
In-Depth Examination of Segments, Industry Trends, and Key Competitors in the El …
The electric vehicle battery swapping market is on the brink of remarkable expansion in the coming years, driven by innovative technologies and growing environmental awareness. As the demand for zero-emission vehicles intensifies, this market is set to transform how electric vehicle users recharge their batteries, promising faster, more convenient solutions. Below is a detailed look at the market's future size, key players, emerging trends, and important segments shaping its trajectory.
Strong…
More Releases for Refrigerator
Global Plug-in Commercial Refrigerator Market Size by Application, Type, and Geo …
According to Market Research Intellect, the global Plug-in Commercial Refrigerator market under the Aerospace and Defense category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The plug-in commercial refrigerator market is experiencing notable growth due to increasing demand from retail stores, supermarkets, restaurants,…
Solar Refrigerator Company Announces a New 17 cu ft Solar Refrigerator Available …
A luxurious new solar fridge has been added to the Solar Refrigerator Company catalog of solar freezers, portable RV refrigerators and solar panels, batteries and other equipment. This energy-efficient solar refrigerator offers ample storage in both compartments and is ideal for tiny homes, off-grid living, RVs, solar powered homes, farms and businesses.
Oro Valley, Arizona, USA - April 24, 2024 - Sustainability is imperative in this era. Innovators are constantly seeking…
New 17 cu ft Solar Refrigerator in Stainless Steel is Now Available at Solar Ref …
Solar Refrigerator Company launches a new solar fridge to add to its catalogue of solar freezers, portable RV refrigerators and solar power equipment. This energy-efficient solar refrigerator offers ample storage in both compartments and is ideal for tiny homes, off-grid living, RVs, solar powered homes, farms and businesses.
In an era where sustainability is paramount, innovators are constantly seeking ways to reduce carbon footprints and energy consumption. One such innovation gaining…
Smart Refrigerator Market Forecast to 2028
Smart refrigerators are the acquisition of high market demand due to smartphone connectivity options that let operations from distant locations. The smart refrigerators have energy control and sensors technology, supporting environmental conservation initiatives and serving limited usage of electricity in several countries. Additionally, technical advancements and regional expansion by established smart refrigerator manufacturers have created new opportunities for market development.
To Get PDF Sample Copy - https://www.theinsightpartners.com/sample/TIPRE00008876?utm_source=OpenPR&utm_medium=10653
These elevators come with…
Top Freezer Refrigerator Market Research Report
These units feature a large fresh food compartment below a smaller freezer compartment, providing the ideal amount of storage space for many homes.
The global Top Freezer Refrigerator market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North American market…
Biopreservation Refrigerator Market 2022 | Detailed Report
According to Market Study Report, Biopreservation Refrigerator Market provides a comprehensive analysis of the Biopreservation Refrigerator Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry. An exclusive data offered in this report is collected by research and industry experts team.
Download FREE Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5495258
The report provides a comprehensive analysis of company profiles listed below:
- Thermo Fisher Scientific Inc.
- Merck KGaA
-…
