Europe Refrigerator Market Size & Growth Analysis Report, 2020-2026
The European refrigerator market is anticipated to grow with a considerable CAGR of 4.9% during the forecast period (2020-2026). The growth of the market is mainly attributed to the improving economic conditions coupled with the increasing demand for innovative products from the consumer. Moreover, during the lockdowns due to the COVID-19 pandemic, the people are staying more in their homes which is further augmented the demand for refrigerators in the region.
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Additionally, the
companies are increasing their focus on portfolio extension and product
premiumization across the region. Some of the major companies operating in the
region include Electrolux AB, General Electric Co., Haier Group Corp., Samsung
Electronics Co. Ltd., and Whirlpool Corp. Furthermore, owing to the
increasing focus on the energy efficiency of home appliances, the refrigerator
companies are offering energy-efficient refrigerators across the region. For
instance, in August 2020, Samsung Electronics launched an innovative
bottom-mount freezer (BMF) refrigerator RB7300 refrigerator, which delivers
core cooling performance while offering the large, flexible capacity to meet
all types of food storage needs. The RB7300 was set to first launch in Europe.
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Market Coverage
·
The market number available for – 2019-2026
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Base year- 2019
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Forecast period- 2020-2026
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Segment Covered-
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By Product Type
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By Application
·
By Distribution Channel
Regions Covered-
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UK
·
Germany
·
France
·
Italy
·
Spain
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Rest of Europe
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Competitive Landscape- Electrolux AB, General Electric
Co., Haier Group Corp., Samsung Electronics Co. Ltd., Whirlpool Corp.
Europe Refrigerator Market Report Segment
By Product Type
- Single Door
- Double Door
- Side by Side Door
- French Door
- Other
By Application
- Residential
- Commercial
By Distribution
Channel
- Online Channel
- Offline Channel
Company Profiles
- BSH Home Appliances Corp.
- Carrier Global Corp.
- Electrolux AB
- General Electric Co.
- Hitachi, Ltd.
- Liebherr-International Deutschland GmbH
- LG Electronics Inc.
- Panasonic Corp.
- Samsung Electronics Co., Ltd.
- Thalheimer Kühlung GmbH & Co. KG
- Viessmann Werke GmbH & Co. KG
- Whirlpool Corp.
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·
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·
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