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

PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.
January 4, 2023 GMT

DUBLIN--(BUSINESS WIRE)--Jan 4, 2023--

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 Slowdown & Impending Recession with Ansoff Analysis” report has been added to’s offering.

The Global Refrigerators Market is estimated to be USD 101.36 Bn in 2022 and is expected to reach USD 146.33 Bn by 2027, growing at a CAGR of 7.62%.

Market Dynamics


  • Increasing Consumption of FMCG Products
  • Upgrading Cold Storage Infrastructure in Emerging Economies
  • Growing Demand for Blood and Vaccine Storage
  • High Demand for Home Appliances through E-Commerce
  • Urbanization and Improving Living Standards


  • Stringent Regulations Associated with the Usage of Refrigerants
  • High Cost of Equipment


  • Product Launches with Advance Technologies
  • Demand for Eco-Friendly and Low-Energy Consuming Refrigerators


  • High Energy Consumption

Market Segmentations

The Global Refrigerators Market is segmented based on Product Type, Refrigerant, Technology, Structure, Volume, Type, Applications, Distribution Channel, and Geography.

  • By Product Type, the market is classified into Frost and Non-Frost.
  • By Refrigerant, the market is classified into Less than HFC, HCFC, and Others.
  • By Technology, the market is classified into Inverter and Non-Inverter.
  • By Structure, the market is classified into Built-In and Free-Standing.
  • By Volume, the market is classified into Below 50L, 51L-150L, 151L-300L, 301L-500L, 501L-750L, Above 750L.
  • By Type, the market is classified into Top Freezer, Bottom Freezer, Side by Side, and French Door.
  • By Applications, the market is classified into Household and Commercial.
  • By Distribution Channels, the market is classified into Supermarkets, Specialty Stores, and Online.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Competitive Quadrant

The report includes an Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Refrigerators Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate 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 involved with each approach.
  • The analyst analyses the Global Refrigerators Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Refrigerators Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 and Impact of Economic Slowdown & Impending Recession on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst’s Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Key Topics Covered:

1 Report Description

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’ Refrigerators Market

15 Europe’s Refrigerators Market

16 Middle East and Africa’s Refrigerators Market

17 APAC’s Refrigerators Market

18 Competitive Landscape

19 Company Profiles

20 Appendix

Companies Mentioned

  • AAON Inc.
  • BSH Hausgerate GmbH
  • Carrier Global Corp.
  • Danfoss A/S
  • Electrolux AB
  • Emerson Electric Co.
  • Godrej Group
  • Gree Electric Appliances Inc.
  • Haier Group Corp.
  • Hitachi, Ltd.
  • Johnson Controls, Inc.
  • Koninklijke Philips N.V.
  • Lennox International Inc.
  • LG Electronics
  • Liebherr-Hausgerate GmbH
  • Mitsubishi Electric Corp.
  • Panasonic Corp.
  • Sharp Corp.
  • Trane
  • Whirlpool Corp.

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