The North America refrigerator market size is anticipated to expand at a CAGR of 4.8% over the estimated period. The surge is due to an increase in the refrigeration technology demand and modern household technology blends.
This information is provided by Fortune Business Insights™ in its research report, titled “North America Refrigerator Market, 2023-2030”.
Get a Free Sample Research Report:
List of Key Players Profiled in the North America Refrigerator Market Report:
- Haier Inc. (China)
- LG Corporation (South Korea)
- Samsung Group (South Korea)
- Whirlpool Corporation (U.S.)
- Voltas Limited (India)
- Electrolux AB (Sweden)
- Panasonic Holdings Corporation (Japan)
- Sharp Corporation (Japan)
- Hitachi, Ltd. (Japan)
- Toshiba Corporation (Japan)
Report Coverage:
The report provides an account of the vital factors propelling the North America refrigerator market share over the forecast period. It further offers an analysis of the significant trends propelling the regional business landscape throughout the anticipated period. Additional insights include the major steps undertaken by leading industry participants for strengthening the positions of their businesses.
Drivers and Restraints:
Escalating Frozen Foods Consumption to Drive Industry Growth
One of the vital aspects impelling the North America refrigerator market growth comprise an escalation in the import of numerous appliances in Canada and the U.S. The market expansion is set to be propelled by the growing adoption of smart devices and the high purchasing power of consumers.
However, the market expansion could be hampered by the high costs associated with maintenance and supply chain disruptions.
Segments:
Based on product type, the market is categorized into French door refrigerator, bottom freezer refrigerator, top freezer refrigerator, and side by side refrigerator. On the basis of distribution channel, the market is segmented into offline and online.
The report covers the following countries/regions –Canada, the U.S., and Mexico.
Get a Quote Now:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/north-america-refrigerator-market-107668
Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Emerging Trends
- Key Insights
- Overview of the Parent/Related Markets
- Industry SWOT Analysis
- Supply Chain and Regulatory Analysis
- Recent Industry Developments – Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
- Market Analysis and Insights (in Relation with COVID-19)
- Impact of COVID-19 on the Market
- Supply Chain Challenges due to the Pandemic
- Potential Opportunities to Support the Market during the Crisis
- North America Refrigerator Market Analysis, Insights and Forecast, 2019-2030
- Key Findings / Summary
- Market Size Estimates and Forecast
- By Product Type (Value)
- Top Freezer Refrigerator
- Bottom Freezer Refrigerator
- Side by Side Refrigerator
- French Door Refrigerator
- By Distribution Channel (Value)
- Online
- Offline
- By Country (Value)
- U.S
- By Product Type (Value)
- Top Freezer Refrigerator
- Bottom Freezer Refrigerator
- Side by Side Refrigerator
- French Door Refrigerator
- By Product Type (Value)
- Canada
- By Product Type (Value)
- Top Freezer Refrigerator
- Bottom Freezer Refrigerator
- Side by Side Refrigerator
- French Door Refrigerator
- By Product Type (Value)
- Mexico
- By Product Type (Value)
- Top Freezer Refrigerator
- Bottom Freezer Refrigerator
- Side by Side Refrigerator
- French Door Refrigerator
- By Product Type (Value)
- U.S
- By Product Type (Value)
TOC Continued…!
Competitive Landscape:
Pivotal Industry Players Focus on Mergers & Agreements to Enable Footprint Expansion
Major market players are participating in research activities and trade conferences for the development and launch of superior solutions. Some of the other activities include mergers, agreements, acquisitions, and the rollout of new products. For instance, in January 2023, LG Electronics rolled out its new MoodUP refrigerator. The appliance features LED door panels equipped to change color via a button on LG’s ThinQ app.
Key Industry Development:
- February 2023: PHC Corporation rolled out the PHCbi brand VIP ECO SMART ultra-low temperature freezer series for usage in facilities such as pharmaceutical companies, universities, and medical institutions.
Latest Blogs:
https://sites.google.com/view/deodorant-market1/deodorant-market