Combined Refrigerator-freezer Market

Combined refrigerator-freezer market: get access to new info enhanced by an Ai-driven market intelligence tool. Facts and figures provide companies, imports, production, exports, trade, consumption, market size, and market prices. Here is a breakdown by region, including Africa, China, Latin America, EU, Russia, the Middle East, the U.K., and the U.S. Market insights and forecast to 2030 are also provided in the dashboards.

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Combined Refrigerator-freezer - World's Largest Markets

In value terms, the United States, China and South Korea constituted the countries with the highest levels of market value in 2020, with a combined 49% share of the global market.

South Korea (+92.3% per year) recorded the highest rates of growth with regard to market size, in terms of the main consuming countries over the period under review, while combined refrigerator-freezer market for the other global leaders experienced more modest paces of growth.

Combined Refrigerator-Freezer Prices

Combined Refrigerator-Freezer - Top Importers

In value terms, the United States ($5.5B) constitutes the largest market for imported combined refrigerators-freezers worldwide, comprising 35% of global imports. The second position in the ranking was occupied by Japan ($859M), with a 5.4% share of global imports. It was followed by Germany, with a 4% share.

From 2018 to 2020, the average annual rate of growth in terms of value in the United States totaled +2.3%. In the other countries, the average annual rates were as follows: Japan (+17.5% per year) and Germany (+7.1% per year).

Combined Refrigerator-Freezer - Top Exporters

In value terms, the largest combined refrigerator-freezer supplying countries worldwide were China ($4.4B), Mexico ($3.3B) and South Korea ($1.9B), with a combined 62% share of global exports.

South Korea recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Combined Refrigerator-Freezer - Market Forecast

Driven by increasing demand for combined refrigerator-freezer worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Combined Refrigerator-freezer - Product Coverage

• HS 841810 - Refrigerators and freezers; combined refrigerator-freezers, fitted with separate external doors, electric or other

Source: IndexBox Market Intelligence Platform