Household Refrigerators Market
Household Refrigerators Market Global Industry Assessment & Forecast
Segments Covered
- By Door Type Single Door, Double Door
- By Structure Built-in, Freestanding
- By Capicity Less than 15 cu. Ft., 15 to 30 cu. Ft., More than 30 cu. Ft.
Snapshot
Forecast Years: | 2021 - 2028 |
Historical Years: | 2016 - 2020 |
Revenue 2021: | 81.90 Billion |
Revenue 2028: | 119.17 Billion |
Revenue CAGR (2021 - 2028): | 4.8 |
Fastest Growing Region (2022 - 2028) | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Door Type Analysis: Preview On the basis of Door Type,
the market is segmented into Single Door, Double Door. Double Door held the highest
share in the global Household Refrigerators market and
is projected to witness the same trend during the forecast period. Structure Analysis:
Preview Based on Structure,
the market is segmented into Built-in, Freestanding. Built-in accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028. Capicity Analysis:
Preview
Based
on Capicity, the market is segmented into Less than 15 cu. Ft., 15 to 30 cu. Ft., More than 30 cu. Ft.. 15 to 30 cu. Ft.
dominates the global Household Refrigerators
market and is expected to continue the same trend from 2021 to 2028.
Global Household Refrigerators Market: Door Type Segment Analysis
-
- Single Door
- Double Door
Global Household Refrigerators Market: Structure Segment Analysis
-
- Built-in
- Freestanding
Global Household Refrigerators Market: Capicity Segment Analysis
-
- Less than 15 cu. Ft.
- 15 to 30 cu. Ft.
- More than 30 cu. Ft.
FAQ
Frequently Asked Question
What is the global demand for Household Refrigerators in terms of revenue?
-
The global Household Refrigerators valued at 81.90 Billion in 2020 and is expected to reach 119.17 Billion in 2028 growing at a CAGR of 4.8%.
Which are the prominent players in the market?
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The prominent players in the market are AB Electrolux, Dover Corporation, LG Electronics, Whirlpool Corporation, Samsung, Robert Bosch GmbH..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.8% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Household Refrigerators include
- The product innovation along with the increasing consumer preference for smart equipment is is anticipated to augment the growth of the market over the forecast period.
- Additionally, the rising demand for refrigeration technology,increasing purchasing power of consumers, rise in the number of population and hence nuclear families, and growing adoption of modular kitchen spaces, are further expected to augment the growth of the market in the near future.
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Household Refrigerators in 2020.