PROSPECTS AND OPPORTUNITIES
Difficult economic climate will depress sales
Weaker household spending power will prove challenging to refrigeration appliances in the upcoming period, in what is already a mature category. High interest rates will result in larger mortgage and rental payments, and this will reduce budgets for appliances.
Connectivity offers scope to drive premiumisation
Fridge freezers with smart technology increased its share during the review period and this trend is projected to continue over the forecast period. Indeed, connectivity/smart technology represents an opportunity for manufacturers to differentiate their offerings, add premium ranges, and more effectively address household demands for health eating and sustainable products.
Energy efficiency offers long-term cost savings
Energy efficiency offers long-term cost savings for households and aligns with the wider ethnical consumerism movement and focus on sustainability. Household preferences for appliances is expected to skew towards established, trustworthy and durable brand names promoting energy efficiency attributes.
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Overview:
Understand the latest market trends and future growth opportunities for the Refrigeration Appliances industry in Sweden 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 Sweden, 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 Sweden 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 Sweden?
- Which are the leading brands in Sweden?
- How are products distributed in Sweden?
- 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 Sweden - Category analysis
KEY DATA FINDINGS
Further decline in volume sales over 2024
Energy efficient models stand out in Sweden
Design-led choices are key among Swedish households
Difficult economic climate will depress sales
Connectivity offers scope to drive premiumisation
Energy efficiency offers long-term cost savings
Consumer Appliances in Sweden - 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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