U.S. Household Refrigerators And Freezers Market Size & Outlook
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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 2020 | USD 16,354.7 million |
| Market revenue in 2028 | USD 18,774.6 million |
| Growth rate | 1.7% (CAGR from 2020 to 2028) |
| Largest segment | Double |
| Fastest growing segment | Double |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single, Double |
| Key market players worldwide | GE 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 Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Haier | View profile | 10001+ | Qingdao Shi, Shandong, China, Asia | http://haier.com/in |
| Robert Bosch Engineering & Business Solutions | View profile | 10001+ | Bangalore, Karnataka, India, Asia | http://www.bosch-india-software.com |
| Liebherr Group | View profile | 10001+ | Biberach An Der Riß, Baden-Wurttemberg, Germany, Europe | http://www.liebherr.com |
| Investor AB Class A | View profile | 8680 | Arsenalsgatan 8C, Stockholm, Sweden, SE-103 32 | https://www.investorab.com |
| Whirlpool Corp | View profile | 59000 | 2000 North M-63, Benton Harbor, MI, United States, 49022-2692 | https://www.whirlpoolcorp.com |
| Dover Corp | View profile | 25000 | 3005 Highland Parkway, Downers Grove, IL, United States, 60515 | https://www.dovercorporation.com |
| LG Electronics Inc ADR | View profile | 35111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | https://www.lge.co.kr |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
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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Target buyers of U.S. 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
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)
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