Global Household Refrigerators And Freezers Market Size & Outlook
The household refrigerators and freezers industry worldwide is expected to reach a projected revenue of US$ 117,250.0 million by 2028. A compound annual growth rate of 4.6% is expected of the worldwide household refrigerators and freezers industry from 2021 to 2028.
Revenue, 2020 (US$M)
$81,902.3
Forecast, 2028 (US$M)
$117,250.0
CAGR, 2021 - 2028
4.6%
Report Coverage
Worldwide
Global household refrigerators and freezers market, 2016-2028 (US$M)
Related Markets
Global household refrigerators and freezers market highlights
- The global household refrigerators and freezers market generated a revenue of USD 81,902.3 million in 2020 and is expected to reach USD 117,250.0 million by 2028.
- The market is expected to grow at a CAGR (2021 - 2028) of 4.6% by 2028.
- In terms of segment, double accounted for a revenue of USD 55,513.3 million in 2020.
- Double is the most lucrative door type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2020.
- Country-wise, U.S. is expected to register the highest CAGR from 2021 to 2028.
Global data book summary
| Market revenue in 2020 | USD 81,902.3 million |
| Market revenue in 2028 | USD 117,250.0 million |
| Growth rate | 4.6% (CAGR from 2020 to 2028) |
| Largest segment | Double |
| Fastest growing segment | Double |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single, Double |
Other key industry trends
- In terms of revenue, the North America accounted for 27.5% of the global household refrigerators and freezers market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 18,774.6 million by 2028.
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Household Refrigerators And Freezers Market Scope
Household refrigerators and freezers market segmentation & scope
Household Refrigerators And Freezers Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global household refrigerators and freezers market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to household refrigerators and freezers market will help companies and investors design strategic landscapes.
double was the largest segment with a revenue share of 67.78% in 2020. Horizon Databook has segmented the Global household refrigerators and freezers market based on single, double covering the revenue growth of each sub-segment from 2016 to 2028.
- Global Household Refrigerators And Freezers Door Type Outlook (Revenue, USD Million, 2016-2028)
- Single
- Double
- Top Mounted Freezer
- Side by Side
- French Door
- Global Household Refrigerators And Freezers Structure Outlook (Revenue, USD Million, 2016-2028)
- Built-in
- Freestanding
- Global Household Refrigerators And Freezers Capacity Outlook (Revenue, USD Million, 2016-2028)
- Less than 15 cu. Ft.
- 16 cu. Ft. to 30 cu. Ft.
- More than 30 cu. Ft.
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Target buyers of Global household refrigerators and freezers market databook
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Our clientele includes a mix of household refrigerators and freezers market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global household refrigerators and freezers market , including forecasts for subscribers. This global databook contains high-level insights into Global household refrigerators and freezers market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Global household refrigerators and freezers market statistics, by regions, 2016-2028 (US$M)
Top 10 countries: Household refrigerators and freezers market size, 2020 (USD Million)
Top 10 countries: Household refrigerators and freezers market size, 2020 (USD Million)
Global household refrigerators and freezers market, by region, 2020 (US$M)
Related regional statistics
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