Machines & Equipment / Built-in Refrigerator Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Samsung, Viking Range, GE, Whirlpool, LG, Media, Haier
Built-in Refrigerator Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Samsung, Viking Range, GE, Whirlpool, LG, Media, Haier
Over the next five years the Built-in Refrigerator Market will register an 7.1% CAGR in terms of revenue, the global market size will reach USD 100 billion by 2027.
Built-in Refrigerator Market Overview
The refrigerator is one of the most important appliances in the kitchen. It keeps food fresh and prevents spoilage. The built-in refrigerator is a popular choice for many homeowners because it offers a sleek, seamless look. Built-in refrigerators also offer many features that standard refrigerators do not, such as ice makers, water dispensers, and adjustable shelves. The market for built-in refrigerators is growing rapidly as more and more homeowners are looking for ways to upgrade their kitchens. Built-in refrigerators offer many benefits that make them the perfect addition to any home. The growth of the market is attributed to factors such as the continuously increasing demand for fresh and healthy food, growing preference for a luxurious lifestyle, and advancements in technology. However, the high installation & maintenance cost is anticipated to restrain the market growth during the forecast period.
Recent Developments
March 28, 2022: Samsung Electronics Launches New Bespoke French Door Refrigerator, Bringing Personalization and Convenience to More Kitchens--
Samsung Electronics today announced the global launch of the Bespoke French Door Refrigerator, beginning in the United States and expanding to regions across the world by the end of the year. Initially unveiled at CES 2022, the new model is available in a choice of 3-door and 4-door configurations, and with options that include Family Hub™. With the launch, the Bespoke lineup now includes a model fit for every family’s needs.
Feb. 9, 2022: LG’s Newest Signature Kitchen Suite Refrigerator Is a Showcase of Food Storage Innovations--
LG Electronics (LG) unveiled its latest Signature Kitchen Suite built-in French Door refrigerator at the Kitchen & Bath Industry Show (KBIS) 2022, taking place in-person in Orlando, Florida (USA) from February 8-10. The 48-inch wide French-Door refrigerator, the latest addition to LG’s premium built-in kitchen appliance brand, boasts the flexibility and convenience of a convertible drawer and a sleek, functional design that delivers superior style and ease-of-use.
What are the major Applications, Types and Regions for Built-in Refrigerator Market?
Built-in Refrigerator Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
<150L
150-500L
>500L
By Applications, it is segmented into
Commercial
Residential
Other
Built-in Refrigerator Market Regional Analysis
Asia Pacific built-in refrigerator market size was over USD 55 billion in 2021 impelled by the rapid growth of food service sector, high demand for modular kitchens, and increased consumer awareness. The urban areas of several countries, including India, China, South Korea, and Japan, are experiencing a market demand for advanced kitchen equipment, supporting the regional growth.
All these factors greatly affect the Built-in Refrigerator market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Built-in Refrigerator Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Built-in Refrigerator Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Built-in Refrigerator Market report scope?
Yes, the report can be customized as per your needs
Key Takeaways from this Built-in Refrigerator Report
Evaluate Built-in Refrigerator market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the Built-in Refrigerator market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the growth rate of Built-in Refrigerator Market?
The Built-in Refrigerator Market is growing at a CAGR of 7.1% over the next 5 years.
Who are the key players in Built-in Refrigerator Market?
What are the significant types of Built-in Refrigerator Market?
<150L, 150-500L, >500L
What are the major end-use applications of Built-in Refrigerator Market?
Commercial, Residential, Other
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
INTRODUCTION
MARKET DEFINATION
MARKET DYNAMICS
MARKET SEGMENTATION
REPORT TIMLINES
KEY STAKEHOLDERS
RESEARCH METHODOLOGY
DATA MINING
SECONDARY RESEARCH
PRIMARY RESEARCH
SUBJECT MATTER EXPERT ADVICE
QUALITY CHECK
FINAL REVIEW
DATA TRIANGULATION
BOTTOM-UP APPROACH
TOP-DOWN APPROACH
RESEARCH FLOW
EXECUTIVE SUMMARY
INTRODUCTION
GLOBAL INK JET RECEIPT PRINTER MARKET BY TYPES
GLOBAL INK JET RECEIPT PRINTER MARKETBY APPLICATION
MARKET DYNAMICS
DRIVERS
INCREASING DEMAND FOR INK JET RECEIPT PRINTER
RESTRAINTS
STRINGENT ENVIRONMENTAL REGUALTIONS
HIGH COST OF RAW MATERIAL
OPPORTUNITIES
INK JET RECEIPT PRINTER GROWTH
APPLICATION OF INK JET RECEIPT PRINTER
IMPACT OF COVID 19
GLOBALINK JET RECEIPT PRINTER MARKET, BY TYPES
INTRODUCTION
COLOR RECEIPT PRINTERS
MONOCHROME RECEIPT PRINTERS
GLOBAL INK JET RECEIPT PRINTER MARKET, BY APPLICATIONS
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.