U.S. Household Refrigerators And Freezers Market Size & Outlook

The household refrigerators and freezers market in the United States is expected to reach a projected revenue of US$ 18,774.6 million by 2028. A compound annual growth rate of 1.7% is expected of the United States household refrigerators and freezers market from 2021 to 2028.
Revenue, 2020 (US$M)
$16,354.7
Forecast, 2028 (US$M)
$18,774.6
CAGR, 2021 - 2028
1.7%
Report Coverage
U.S.

U.S. household refrigerators and freezers market highlights

  • The U.S. household refrigerators and freezers market generated a revenue of USD 16,354.7 million in 2020 and is expected to reach USD 18,774.6 million by 2028.
  • The U.S. market is expected to grow at a CAGR of 1.7% from 2021 to 2028.
  • In terms of segment, double was the largest revenue generating door type in 2020.
  • Double is the most lucrative door type segment registering the fastest growth during the forecast period.


Household refrigerators and freezers market data book summary

Market revenue in 2020USD 16,354.7 million
Market revenue in 2028USD 18,774.6 million
Growth rate1.7% (CAGR from 2020 to 2028)
Largest segmentDouble
Fastest growing segmentDouble
Historical data2016 - 2019
Base year2020
Forecast period2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationSingle, Double
Key market players worldwideGE Aerospace, Dover Corp, Investor AB Class A, Haier, LG Electronics Inc ADR, Liebherr Group, Robert Bosch Engineering & Business Solutions, Panasonic Holdings Corp, Samsung Electronics Co Ltd, Whirlpool Corp


Other key industry trends

  • In terms of revenue, U.S. accounted for 20.0% of the global household refrigerators and freezers market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
  • In North America, U.S. household refrigerators and freezers market is projected to lead the regional market in terms of revenue in 2028.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 6,255.1 million by 2028.

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Household Refrigerators And Freezers Market Scope

Household refrigerators and freezers market segmentation & scope
Single
Top Mounted Freezer
Side by Side
French Door
Built-in
Freestanding
Less than 15 cu. Ft.
16 cu. Ft. to 30 cu. Ft.
More than 30 cu. Ft.

Household Refrigerators And Freezers Market Companies

Name Profile # Employees HQ Website

U.S. 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 69.84% in 2020. Horizon Databook has segmented the U.S. household refrigerators and freezers market based on single, double covering the revenue growth of each sub-segment from 2016 to 2028.


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  • Our clientele includes a mix of household refrigerators and freezers market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. household refrigerators and freezers market , including forecasts for subscribers. This country databook contains high-level insights into U.S. household refrigerators and freezers market from 2016 to 2028, including revenue numbers, major trends, and company profiles.

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U.S. household refrigerators and freezers market size, by door type, 2016-2028 (US$M)

U.S. Household Refrigerators And Freezers Market Outlook Share, 2020 & 2028 (US$M)

U.S. household refrigerators and freezers market size, by door type, 2016-2028 (US$M)

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