APAC Refrigerators Market By Capacity (0.5 Cu. Ft.–3.0 Cu. Ft., 3.1 Cu. Ft.–6.0 Cu. Ft. & Others), By Refrigerator Door Type (Single Door Type, Double Door & Others), By Freezer Location (Top Mounted Freezer, French Door Bottom Freezer & Others), By Country, Competition, Forecast & Opportunities, 2024

APAC refrigerators market is expected to witness positive growth during forecast period. Shifting trends towards energy efficient as well as eco-friendly products is anticipated to drive APAC refrigerators market over the next five years. Moreover, the latest energy efficiency standard demands the new models of refrigerators and freezers to cut their energy consumption by 20%–25%, which is pushing the manufacturers to spend heavily in R&D to develop high-efficiency refrigerators meeting the energy standards. The active partaking of the manufacturers along with the high demand from the consumers for the advanced refrigerators are further expected to bolster the APAC refrigerators market in the coming years.

On the basis of freezer location, APAC refrigerators market is segmented into top mounted freezer, French door bottom freezer, bottom mounted, side-by-side and freezer less. Of all, side-by-side refrigerators are likely to register a healthy growth over the coming five years, driven by the rising consumption of the frozen and fast foods across the urban regions. Moreover, enhanced lifestyle, easy financing options, and incorporation of maintenance free compressors would further boost the demand for side-by-side refrigerators.

Market players are focusing on technological developments to enhance the product portfolio in terms of better efficiency, owing to rising demand for cost saving and energy saving refrigerators. Whirlpool, Electrolux, Haier, Samsung, and LG are some of the giants in the APAC refrigerators market.

Years considered for this report:

Historical Years: 2014-2017

Base Year: 2018

Estimated Year: 2019

Forecast Period: 2020–2024

Objective of the Study:

• To analyze and forecast the market size of APAC refrigerators market
• To forecast APAC refrigerators market based on capacity, refrigerator door type, freezer location and regional distribution
• To identify drivers and challenges for APAC refrigerators market
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in APAC refrigerators market
• To conduct the pricing analysis for APAC refrigerators market
• To identify and analyze the profile of leading players operating in the APAC refrigerators market

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Some of the leading players in the APAC refrigerators market are AB Electrolux, GE Appliances, Haier Group, Hitachi, Ltd., LG Electronics, Panasonic Corporation, Samsung Electronics Co. Ltd., Whirlpool, etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of refrigerators manufacturers across the region. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major Refrigerators manufacturers across the region.

TechSci Research calculated APAC refrigerators market size using a bottom-up approach, wherein data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Refrigerators manufacturers
• Refrigerators suppliers, distributors and other stakeholders
• Refrigerators end user industries
• Organizations, forums and alliances related to Refrigerators market
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, APAC refrigerators market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• Market, By Capacity
• 0.5 Cu. Ft. – 3.0 Cu. Ft.
• 3.1 Cu. Ft. – 6.0 Cu. Ft.
• 6.1 Cu. Ft. – 9.0 Cu. Ft.
• Others
• Market, By Refrigerator Door Type
• Single Door Type
• Double Door
• Side by Side
• French Door
• Market, By Freezer Location
• Top Mounted Freezer
• French Door Bottom Freezer
• Bottom Mounted
• Side-By-Side
• Freezer Less
• Market, By Country:

• China
• India
• Japan
• South Korea
• Malaysia
• Indonesia
• Australia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in APAC refrigerators market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

• Profit margin analysis in case of direct and indirect sales channel.

In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]