Refrigerators - ASEAN
ASEAN- In ASEAN, the Refrigerators market recorded a revenue of US$10.52bn in 2024.
- It is projected to witness an annual growth rate of 4.50% (CAGR 2024-2029).
- Among all countries, China generates the highest revenue in this segment, reaching US$32bn in 2024.
- Considering the total number of households, the per household revenue in 2024 is estimated at US$72.49.
- As for the volume, it is expected to reach 18.2m pieces units by 2029.
- In 2025.0, the Refrigerators market is anticipated to experience a volume growth of 2.7%.
- The average volume per household in the Refrigerators market is projected to be 0.11pieces in 2024.
- The demand for energy-efficient refrigerators is rising in ASEAN countries as consumers become more conscious of their environmental impact.
- Key regions:
- United States,
- Europe,
- Japan,
- United Kingdom,
- India
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.
For more information on the displayed data, please use the info button right next to the boxes.
In-Scope
- Fridge freezers
- Vapor compressor refrigerators
- Integrated vapor compressor refrigerators
Out-Of-Scope
- Freezers
- Commercial appliances
- Non-electric appliances
