Freezers - Armenia
Armenia- Armenia's revenue in the Freezers market for 2024 is estimated to be US$7.40m.
- It is projected that the market will experience an annual growth rate of 3.08% from 2024 to 2029, known as the Compound Annual Growth Rate (CAGR).
- When compared to other countries, China generates the highest revenue in the Freezers market with US$5bn in 2024.
- In terms of per household revenue, in Armenia is expected to generate US$11.90 in 2024.
- Looking ahead, the volume of the Freezers market is predicted to reach 16.1k pieces by 2029.
- Additionally, there is an expected volume growth of -0.2% in 2025.0.
- The average volume per household in the Freezers market is projected to be 0.03pieces in 2024.
- Armenia's freezer market is experiencing a surge in demand due to the country's growing population and increasing disposable income.
- Key regions:
- Indonesia,
- Japan,
- India,
- Germany,
- Europe
Definition: Freezers are a class of appliances specifically designed to cool stored items at a temperature of -18° C or below. This category includes both freezers and deep freezers with a maximum capacity of 900 liters. Furthermore, professional appliances utilized in gastronomy are also part of this classification. It is important to note that freezer compartments are not considered freezers and thus, are not included in this category.
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, regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.
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In-Scope
- Freezers
- Deep freezers
Out-Of-Scope
- Feezers with a maximum capacity of more than 900l
- Fridge freezers
