Asia-Pacific Refrigerator Market 2020-2026

Published: December 11, 2020 |

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Asia-Pacific Refrigerator Market Size, Share & Trends Analysis Report By Product Type (Single Door, Double Door, Side by Side Door, French Door and Other), By Application (Residential and Commercial), By Distribution Channel (Online Channel and Offline Channel), Forecast Period (2020-2026)

The Asia-Pacific refrigerator market is anticipated to grow at a CAGR of 7.0% during the forecast period. Increasing the urban population, increasing disposable income, and raising brand awareness are a few of the prominent factors that are aiding the growth of the market across the region. Moreover, significant new launches of connected refrigerators and expansions have been registered in the region by the market players. For instance, in May 2020, Xiaomi Corp. has launched three new refrigerators including a dual-directional dual door refrigerator, a single-directional dual door refrigerator, and a triple door refrigerator through its Smart Home Appliances division.

The Asia-Pacific refrigerator market is segmented based on product type, application, and distribution channels. Based on the product type, the market is sub-segmented into a single door, double door, side by side door, French door, and other. Based on the application, the market is sub-segmented into residential and commercial. Moreover, based on the distribution channel the market is sub-segmented into the online channel and offline channel. Based on geography, the market is further divided into China, Japan, India, and the Rest of Asia Pacific.

The key players of the Asia-Pacific refrigerator market include Haier Group Corp., Whirlpool Corp., LG Electronics Co. Ltd., Samsung Electronics Co. Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers, and acquisitions, collaborations, new products, and expansion to stay competitive in the market. For instance, in September 2020, Samsung Electronics Co. Ltd. launched four new models under the Curd Maestro refrigerator range across the Indian market.

Research Methodology

The market study of the Asia-Pacific refrigerator market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts to bring more authenticity to the reports.

Secondary Sources Include:

Financial reports of companies involved in the market.
Whitepapers, research-papers, and news blogs.
Company websites and their product catalog.

The report is intended for refrigerator manufacturers & distributors, consumer appliance companies, start-ups, venture capitalists, seed funders, research organizations, and other related organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, products offered by the companies, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

1. Asia-Pacific Refrigerator Market Research and Analysis by Product Type

2. Asia-Pacific Refrigerator Market Research and Analysis by Application

3. Asia-Pacific Refrigerator Market Research and Analysis by Distribution Channel

The Report Covers:

Comprehensive research methodology of the Asia-Pacific refrigerator market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the Asia-Pacific refrigerator market.
Insights about market determinants which are stimulating the Asia-Pacific refrigerator market.
Detailed and extensive market segments with regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2022853

1. Report Summary

1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Country

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis

4. Market Determinants

4.1. Motivators
4.2. Restraints
4.3. Opportunities

5. Market Segmentation

5.1. Asia Pacific Refrigerator Market by Product Type
- 5.1.1. Single Door
- 5.1.2. Double Door (Top Freezer & Bottom Freezer)
- 5.1.3. Side by Side Door
- 5.1.4. French Door
- 5.1.5. Other Type (Mini Fridge)
5.2. Asia Pacific Refrigerator Market by Application
- 5.2.1. Residential
- 5.2.2. Commercial (Restaurants, Ice Cream parlors, Supermarket, Research, Laboratory, and Pharmaceutical Storage)
5.3. Asia Pacific Refrigerator Market by Distribution Channel
- 5.3.1. Online Channel
- 5.3.2. Offline Channel

6. Regional Analysis

6.1. China
6.2. Japan
6.3. India
6.4. Rest of Asia-Pacific

7. Company Profiles

7.1. Electrolux AB
7.2. Godrej & Boyce Manufacturing Co. Ltd.
7.3. General Electric Co.
7.4. Haier Group Corp.
7.5. Hefei Meiling Co. Ltd.
7.6. Hitachi, Ltd.
7.7. Hisense Group
7.8. HOSHIZAKI Corp.
7.9. LG Electronics Inc.
7.10. Liebherr-International Deutschland GmbH
7.11. Mitsubishi Electric Corp.
7.12. Panasonic Corp.
7.13. Robert Bosch GmbH
7.14. Samsung Electronics Co., Ltd.
7.15. Sharp Corp.
7.16. Voltas Ltd.
7.17. Whirlpool Corp.
7.18. Xiaomi Corp.

LIST OF TABLES

1. ASIA-PACIFIC REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
2. ASIA-PACIFIC SINGLE DOOR REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
3. ASIA-PACIFIC DOUBLE DOOR REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
4. ASIA-PACIFIC SIDE BY SIDE DOOR REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
5. ASIA-PACIFIC FRENCH DOOR REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
6. ASIA-PACIFIC OTHER REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
7. ASIA-PACIFIC REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
8. ASIA-PACIFIC RESIDENTIAL REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
9. ASIA-PACIFIC COMMERCIAL REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
10. ASIA-PACIFIC REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
11. ASIA-PACIFIC ONLINE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
12. ASIA-PACIFIC OFFLINE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
13. ASIA-PACIFIC REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
14. INDIA REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
15. INDIA REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
16. INDIA REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
17. CHINA REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
18. CHINA REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
19. CHINA REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
20. JAPAN REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
21. JAPAN REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
22. JAPAN REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)
23. REST OF THE ASIA-PACIFIC REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2019-2026 ($ MILLION)
24. REST OF THE ASIA-PACIFIC REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2019-2026 ($ MILLION)
25. REST OF THE ASIA PACIFIC REFRIGERATOR MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2019-2026 ($ MILLION)

LIST OF FIGURES

1. ASIA-PACIFIC REFRIGERATOR MARKET SHARE BY PRODUCT TYPE, 2019 VS 2026 (%)
2. ASIA-PACIFIC REFRIGERATOR MARKET SHARE BY APPLICATION, 2019 VS 2026 (%)
3. ASIA-PACIFIC REFRIGERATOR MARKET SHARE BY DISTRIBUTION CHANNEL, 2019 VS 2026 (%)
4. ASIA-PACIFIC SINGLE DOOR REFRIGERATOR MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
5. ASIA-PACIFIC DOUBLE REFRIGERATOR MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
6. ASIA-PACIFIC SIDE BY SIDE DOOR REFRIGERATOR MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
7. ASIA-PACIFIC FRENCH DOOR REFRIGERATOR MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
8. ASIA-PACIFIC OTHER TYPE REFRIGERATOR MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
9. ASIA-PACIFIC RESIDENTIAL REFRIGERATOR MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
10. ASIA-PACIFIC COMMERCIAL REFRIGERATOR MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
11. ASIA-PACIFIC ONLINE CHANNEL MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
12. ASIA-PACIFIC OFFLINE CHANNEL MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
13. INDIA REFRIGERATOR MARKET SIZE, 2019-2026 ($ MILLION)
14. CHINA REFRIGERATOR MARKET SIZE, 2019-2026 ($ MILLION)
15. JAPAN REFRIGERATOR MARKET SIZE, 2019-2026 ($ MILLION)
16. REST OF ASIA-PACIFIC REFRIGERATOR MARKET SIZE, 2019-2026 ($ MILLION)