PROSPECTS AND OPPORTUNITIES
Refrigeration appliances will have growth potential due to evolving consumer lifestyles
After a difficult few years, refrigeration appliances in the US is expected to return to growth throughout the forecast period, with increasing sales anticipated across all categories. There are several trends that may help drive positive volume growth for refrigeration appliances moving forward.
Smart refrigeration appliances expected to continue to evolve
The share of smart fridge-freezers increased in the US over the course of the review period, rising from 17% in 2020 to 21% in 2024. It is expected that the penetration of smart products will continue to rise throughout the forecast period, as there is the potential for transformative advances that will reshape consumers’ interaction with and utilisation of refrigeration appliances.
Drinks trends expected to impact refrigeration appliances
Trends in alcoholic drinks are expected to have an impact on sales of refrigeration appliances in the forecast period, with players trying to cater to consumers’ needs. For instance, a growing number of people in the US are connoisseurs of wine, and want to appreciate it at its best.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Overview:
Understand the latest market trends and future growth opportunities for the Refrigeration Appliances industry in USA 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 USA, 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 USA 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 USA?
- Which are the leading brands in USA?
- How are products distributed in USA?
- 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 the US - Category analysis
KEY DATA FINDINGS
Continued decline in 2024 as the previous pandemic sales surge has a negative impact
Fridge-freezers continues to dominate, due to cost-effectiveness, convenience, and new features
Inflation impacts the competitive landscape and distribution
Refrigeration appliances will have growth potential due to evolving consumer lifestyles
Smart refrigeration appliances expected to continue to evolve
Drinks trends expected to impact refrigeration appliances
Consumer Appliances in the US - 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
-
- Built-in Electric Wine Coolers/Chillers
- Freestanding Electric Wine Coolers/Chillers
-
- Built-in Freezers
- Freestanding Freezers
-
- Built-in Fridge Freezers
- Freestanding Fridge Freezers
-
- 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.
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!