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Global Refrigerators Market Report 2023: Rising Consumption of FMCG Products Drives Growth -


DUBLIN–(BUSINESS WIRE)–The “Global Refrigerators Market (2022-2027) by product type, refrigerant, technology, structure, volume, type, applications, distribution channel, and geography, competitive analysis, and the impact of economic downturn and impending recession with Ansoff analysis” report has been added to from offer.

The Global Refrigerator Market is estimated to be valued at USD 101.36 Billion in 2022 and is projected to reach USD 146.33 Billion by 2027, growing at a CAGR of 7.62%.

Market dynamics


  • Increased consumption of FMCG products

  • Modernizing Cold Storage Infrastructure in Emerging Economies

  • Growing demand for blood and vaccine storage

  • Strong demand for home appliances via e-commerce

  • Urbanization and improvement of the standard of living


  • Strict regulations associated with the use of refrigerants

  • High equipment cost


  • Product launches with Advance Technologies

  • Demand for eco-friendly and energy-efficient refrigerators


Market segmentation

The global refrigerators market is segmented on the basis of product type, refrigerant, technology, structure, volume, type, applications, distribution channel and geography.

  • By Type of product, the market is categorized into Frost and Non-Frost.

  • By Refrigerant, the market is categorized into under HFCs, HCFCs and others.

  • By Technology, the market is categorized into Inverter and Non-Inverter.

  • By Structure, the market is classified into Built-In and Free-Standing.

  • By Volume, the market is categorized below 50L, 51L-150L, ​​151L-300L, 301L-500L, 501L-750L, above 750L.

  • By Type, the market is categorized into top freezer, bottom freezer, side by side and French door.

  • By Apps, the market is categorized into Household and Commercial.

  • By Distribution channels, the market is categorized into supermarkets, specialty stores and online.

  • By Geography, the market is categorized into Americas, Europe, Middle East & Africa, and Asia-Pacific.

Competitive quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and assess the position of companies based on their industry position score and market performance score. The tool uses various factors to classify players into four categories. Some of these factors considered for analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc

Ansoff analysis

  • The report presents a detailed analysis of the Ansoff matrix for the global refrigerators market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design business growth strategies. The matrix can be used to assess approaches in four strategies viz. Market development, market penetration, product development and diversification. The matrix is ​​also used for risk analysis to understand the risk associated with each approach.

  • The analyst analyzes the global refrigerator market using the Ansoff Matrix to provide the best approaches a company can take to improve its position in the market.

  • Based on the SWOT analysis conducted on the industry and industry players, the analyst has designed appropriate strategies for market growth.

Why buy this report?

  • The report offers a comprehensive assessment of the global refrigerator market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and market size projections. Projections are calculated using proven research methodologies.

  • The report has been compiled through extensive primary and secondary research. The main research is done through interviews, surveys and observations of renowned personnel in the industry.

  • The report includes in-depth market analysis using Porter’s 5 forces model and Ansoff’s matrix. Additionally, the impact of Covid-19 and the impact of economic downturn and impending recession on the market are also presented in the report.

  • The report also includes the regulatory scenario in the industry, which will help you to make an informed decision. The report discusses the major regulatory bodies and major rules and regulations imposed on this industry across various geographies.

  • The report also contains competitive analysis using Positioning Quadrants, the analyst’s proprietary competitive positioning tool.

Report Highlights:

  • A comprehensive analysis of the market, including the parent industry

  • Important market dynamics and trends

  • Market segmentation

  • Historical, current and projected market size based on value and volume

  • Market shares and strategies of the main players

  • Recommendations for companies to strengthen their presence in the market

Main topics covered:

1 Description of the report

2 Research methodology

3 Executive summary

4 Market dynamics

5 Market Analysis

6 Global Refrigerators Market, by Product Type

7 Global Refrigerators Market, By Refrigerant

8 Global Refrigerators Market, By Technology

9 Global Refrigerators Market, by Structure

10 Global Refrigerators Market, by Volume

11 Global Refrigerators Market, by Type

12 Global Refrigerators Market, by Application

13 Global Refrigerators Market, by Distribution Channel

14 Americas Refrigerator Market

15 European refrigerator market

16 Middle East & Africa Refrigerators Market

17 APAC Refrigerator Market

18 Competitive landscape

19 company profiles

20 Appendix

Companies cited

  • AON Inc.

  • BSH Hausgerate GmbH

  • Carrier Global Corp.

  • Danfoss A/S

  • Electrolux AB

  • Emerson Electric Co.

  • Godrej Group

  • Gree Electrical Appliances Inc.

  • Haier Corp Group.

  • Hitachi, Ltd.

  • Johnson Controls, Inc.

  • Koninklijke Philips NV

  • Lennox International Inc.

  • LG Electronics

  • Liebherr-Hausgerate GmbH

  • Mitsubishi Electric Corp.

  • Panasonic Corp.

  • Sharp Corp.

  • Trane

  • Whirlpool Corp.

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