PROSPECTS AND OPPORTUNITIES
Difficult economic outlook to continue to dampen outlays on big-ticket items
Retail volume sales of refrigeration appliances are projected to continue to decrease over the forecast period. Fridge freezers is expected to see an upturn, albeit small, towards the end of the forecast period, leveraging space and convenience advantages.
Sustainability issues to the fore
Heightened household environmental awareness offers opportunities for manufacturers able to appease sustainability concerns. Energy price spikes in late 2022 and early 2023 conditioned the mind-set of households and opened them up to energy-efficiency appliances.
Smart technology to gain traction
Connectivity/smart technology provides opportunities for manufacturer to differentiate their offerings, add a premium to pricing points and more effectively address household demands for health eating and sustainability. Smart innovations, such as voice control to open and close doors, as launched under the Liebherr brand in late 2023, offer clear benefits to households and motivate upgrades to smart-enabled appliances.
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Overview:
Understand the latest market trends and future growth opportunities for the Refrigeration Appliances industry in Denmark with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Refrigeration Appliances industry in Denmark, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Refrigeration Appliances in Denmark report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Refrigeration Appliances in Denmark?
- Which are the leading brands in Denmark?
- How are products distributed in Denmark?
- To what extent has COVID-19 and accordant macroeconomic and retail disruption impacted demand?
- How are considerations such as urban development and the rise in single-person households determining sales growth?
- Where is future growth expected to be most dynamic?
Refrigeration Appliances in Denmark - Category analysis
KEY DATA FINDINGS
Economic factors and longer replacement cycles subdue the demand for refrigeration appliances
Design plays a key role in consumers’ choices and manufacturers’ offers
Energy-efficiency focus to reduce costs
Difficult economic outlook to continue to dampen outlays on big-ticket items
Sustainability issues to the fore
Smart technology to gain traction
Consumer Appliances in Denmark - Industry Overview
Consumer appliances in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for consumer appliances?
DISCLAIMER
The following categories and subcategories are included:
Refrigeration Appliances
- Built-in Refrigeration Appliances
- Freestanding Refrigeration Appliances
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- Built-in Electric Wine Coolers/Chillers
- Freestanding Electric Wine Coolers/Chillers
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- Built-in Freezers
- Freestanding Freezers
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- Built-in Fridge Freezers
- Freestanding Fridge Freezers
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- Built-in Fridges
- Freestanding Fridges
Refrigeration Appliances
Refrigeration appliances considers built-in and freestanding major appliances in the following categories: fridge freezers, fridges, freezers and electric wine coolers chillers.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Refrigeration Appliances research and analysis database.
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