Freezers - G7
G7- In 2024, the revenue in the Freezers market in G7 amounts to US$3.02bn.
- This market is projected to grow annually by 2.70% (CAGR 2024-2029).
- When compared globally, China generates the highest revenue in the Freezers market with US$5bn in 2024.
- In terms of household numbers, each household is expected to generate revenues of US$9.29 in 2024.
- By 2029, the volume in the Freezers market is anticipated to reach 7.1m pieces units.
- Additionally, a volume growth of 0.9% is expected in 2025.0.
- The average volume per household in the Freezers market is projected to be 0.02pieces units in 2024.
- In the United States, the trend in the freezer market is a growing demand for energy-efficient models with advanced features.
- 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
