The Worldwide Household Refrigerators & Freezers Industry is Expected to Reach $145 Billion by 2027 -

Jun 16, 2022 05:43 am

The "Household Refrigerators & Freezers Market Research Report by Product Type, Distribution Channel, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to's offering.

The Global Household Refrigerators & Freezers Market size was estimated at USD 91.13 billion in 2021, USD 98.37 billion in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 8.11% to reach USD 145.56 billion by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Household Refrigerators & Freezers Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Household Refrigerators & Freezers Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Household Refrigerators & Freezers Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Household Refrigerators & Freezers Market?

4. What is the competitive strategic window for opportunities in the Global Household Refrigerators & Freezers Market?

5. What are the technology trends and regulatory frameworks in the Global Household Refrigerators & Freezers Market?

6. What is the market share of the leading vendors in the Global Household Refrigerators & Freezers Market?

7. What modes and strategic moves are considered suitable for entering the Global Household Refrigerators & Freezers Market?

Market Dynamics


  • Rising purchasing power and improving lifestyles
  • Increasing consumption of processed food products
  • Regulatory initiatives for energy efficiency in the refrigeration


  • Concerns for the environment and emissions of harmful gases


  • Integration of advances in refrigeration technologies, such as touch screen, USB, and internet connectivity
  • Potential growth in the innovative product developments


  • High energy consumption cost and low rural penetration

Companies Mentioned

  • Aucma Co.Ltd.
  • Dacor, Inc.
  • Dover Corporation
  • Electrolux AB
  • General Electric Company
  • Godrej Industries
  • Haier Group Corporation
  • LG Electronics
  • Liebherr-International AG
  • Panasonic Corporation
  • Philips Electronics
  • Robert Bosch GmbH
  • Samsung Electronics
  • Whirlpool Corporation

For more information about this report visit
Laura Wood, Senior Press Manager
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