The global revenue in the 'Refrigerators' segment of the household appliances market was forecast to continuously increase between 2024 and 2029 by in total 30 billion U.S. dollars (+24.79 percent). After the tenth consecutive increasing year, the indicator is estimated to reach 151.02 billion U.S. dollars and therefore a new peak in 2029. Notably, the revenue of the 'Refrigerators' segment of the household appliances market was continuously increasing over the past years.
The market segment Refrigerators covers fridge freezers, vapor compressor refrigerators, and integrated vapor compressor refrigerators. Excluded are freezers, commercial appliances, and non-electric appliances.
Supplementary notes
Data provided by Statista Market Insights are estimates.
Definition: Refrigerators are electric appliances designed to preserve food items by cooling or maintaining their freshness. These appliances come in the form of cupboard-like structures and include fridge freezers, vapor compressor refrigerators, and integrated vapor compressor refrigerators, which are intended for domestic use.
Additional Information: The market comprises key performance indicators such as revenues, volume, price per unit, average revenue and volume per household and sales channels.
Note that the volume sales only refer to B2C (business to consumer) sales, via both the offline and the online channel. The average revenue and volume per household are determined by dividing the revenues and volume by the number of households, where a household refers to a house and its occupants, and is regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.
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Statista Consumer Market Insights. (May 22, 2024). Revenue of the refrigerators market worldwide from 2019 to 2029 (in billion U.S. dollars) [Graph]. In Statista. Retrieved February 13, 2025, from https://www.statista.com/forecasts/1124231/refrigerator-market-size-worldwide?__sso_cookie_checker=failed
Statista Consumer Market Insights. "Revenue of the refrigerators market worldwide from 2019 to 2029 (in billion U.S. dollars)." Chart. May 22, 2024. Statista. Accessed February 13, 2025. https://www.statista.com/forecasts/1124231/refrigerator-market-size-worldwide?__sso_cookie_checker=failed
Statista Consumer Market Insights. (2024). Revenue of the refrigerators market worldwide from 2019 to 2029 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: February 13, 2025. https://www.statista.com/forecasts/1124231/refrigerator-market-size-worldwide?__sso_cookie_checker=failed
Statista Consumer Market Insights. "Revenue of The Refrigerators Market Worldwide from 2019 to 2029 (in Billion U.S. Dollars)." Statista, Statista Inc., 22 May 2024, https://www.statista.com/forecasts/1124231/refrigerator-market-size-worldwide?__sso_cookie_checker=failed
Statista Consumer Market Insights, Revenue of the refrigerators market worldwide from 2019 to 2029 (in billion U.S. dollars) Statista, https://www.statista.com/forecasts/1124231/refrigerator-market-size-worldwide?__sso_cookie_checker=failed (last visited February 13, 2025)
Revenue of the refrigerators market worldwide from 2019 to 2029 (in billion U.S. dollars) [Graph], Statista Consumer Market Insights, May 22, 2024. [Online]. Available: https://www.statista.com/forecasts/1124231/refrigerator-market-size-worldwide?__sso_cookie_checker=failed