Global refrigerator accessories Market by Type (Refrigerator Door Handle, Freezer Con Asas, Ice Maker, FridgeCool Fan, Universal Mobile Base, Water Filter, Refrigerator Invertor, Heating Element, Compressor Relay), By Application (Household, Commercial, Laboratory Use, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The global refrigerator accessories Market is estimated to be worth USD 18.9 billion in 2018 and is projected to reach USD 24.2 billion by 2028, growing at a CAGR of 3.8% from 2018-2028. The demand for refrigerators has increased globally due to the changing lifestyles, increasing middle class population, increasing purchasing power and rising awareness about food safety among consumers which can be attributed as the major drivers for this market during the forecast period.
On basis of type, the market can be segmented into refrigerator door handles, freezer con asas, ice makers, fridge-cool fans and universal mobile bases. On basis of application it can be classified into household applications and commercial applications. The refrigerators are mainly used in households to store food items which leads to a higher demand for refrigerator accessories such as freezer con asas or ice maker that will increase the revenue generated by this market during forecast period
Refrigerator Invertor is another type of accessory representing an important source of income for global refrigerator accessories Market worth USD 425 million in 2018 growing at a CAGR of 12% from 2018-2028 with North America being its major contributor followed by Europe and Asia Pacific respectively. Asia Pacific is expected to grow at a CAGR of 11% during forecast period on account for increasing demand from China and India. The main reason for this is the rise in population and rapid urbanization.
On account for household refrigerators being more used than those at commercial places or laboratories; it has been seen that majority of revenues generated are contributed by households thereby leading to an increase in demand for Household application which also leads to a higher growth rate (14%) Seen during forecast period . Commercial segment is expected to grow at a CAGR of 11% during forecast period on account for increase in demand from the wholesale and retail traders. Laboratories are expected to see an increasing trend, as it is seen that there has been increased research activities around refrigeration, which leads to commercialization
In Europe region, Fridge Cool Fan segment dominates this market with 32% share followed by Freezer Con Asas (14%) during 2018-2028. In North America region, Ice Maker segment dominates this market with 33% share followed by Refrigerator Door Handle (12%)during 2018-2028 . Asia Pacific sees Universal Mobile Base being its most dominant type of application followed by Water Filter segment. Lab Use were not considered because they don't have a huge market share in the region.
The market is driven by factors such as increasing use of household appliances, increasing population and economic growth in certain regions. Disadvantages of using refrigerators include noise pollution caused by the cooling system which can cause discomfort, frostbite hazards for sensitive skin due to low temperatures. Change in lifestyle has also led to increase in the demand for refrigerators. The major players operating in this market are Whirlpool Corporation (U.S.), LG Electronics Inc., Samsung SDI Co Ltd, Bosch Thermotechnology GmbH, Electrolux AB and Emerson Electric Company among others.
Up Market Research published a new report titled “refrigerator accessories Market research report which is segmented by Types (Refrigerator Door Handle, Freezer Con Asas, Ice Maker, FridgeCool Fan, Universal Mobile Base, Water Filter, Refrigerator Invertor, Heating Element, Compressor Relay), By Applications (Household, Commercial, Laboratory Use, Others), By Players/Companies Panasonic, Philipp Kirsch, Oxford Instruments, Thermo Scientific, LG, KW, Haier, Electrolux, Samsung, Whirlpool, Robert Bosch, Godrej”.
Report Scope
Report Attributes | Report Details |
Report Title | refrigerator accessories Market Research Report |
By Type | Refrigerator Door Handle, Freezer Con Asas, Ice Maker, FridgeCool Fan, Universal Mobile Base, Water Filter, Refrigerator Invertor, Heating Element, Compressor Relay |
By Application | Household, Commercial, Laboratory Use, Others |
By Companies | Panasonic, Philipp Kirsch, Oxford Instruments, Thermo Scientific, LG, KW, Haier, Electrolux, Samsung, Whirlpool, Robert Bosch, Godrej |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 226 |
Number of Tables & Figures | 159 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global refrigerator accessories Market Report Segments:
The market is segmented by Type Refrigerator Door Handle, Freezer Con Asas, Ice Maker, FridgeCool Fan, Universal Mobile Base, Water Filter, Refrigerator Invertor, Heating Element, Compressor Relay and By Application Household, Commercial, Laboratory Use, Others.
Some of the companies that are profiled in this report are:
- Panasonic
- Philipp Kirsch
- Oxford Instruments
- Thermo Scientific
- LG
- KW
- Haier
- Electrolux
- Samsung
- Whirlpool
- Robert Bosch
- Godrej
refrigerator accessories Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the refrigerator accessories Market
Overview of the regional outlook of the refrigerator accessories Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The refrigerator accessories Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of refrigerator accessories Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Refrigerator Door Handle
2. Freezer Con Asas
3. Ice Maker
4. FridgeCool Fan
5. Universal Mobile Base
6. Water Filter
7. Refrigerator Invertor
8. Heating Element
9. Compressor Relay
7. By Application:1. Household
2. Commercial
3. Laboratory Use
4. Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the refrigerator accessories Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the refrigerator accessories Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 refrigerator accessories Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 refrigerator accessories Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 refrigerator accessories Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the refrigerator accessories Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global refrigerator accessories Market Size & Forecast, 2018-2028
4.5.1 refrigerator accessories Market Size and Y-o-Y Growth
4.5.2 refrigerator accessories Market Absolute $ Opportunity
Chapter 5 Global refrigerator accessories Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 refrigerator accessories Market Size Forecast by Type
5.2.1 Refrigerator Door Handle
5.2.2 Freezer Con Asas
5.2.3 Ice Maker
5.2.4 FridgeCool Fan
5.2.5 Universal Mobile Base
5.2.6 Water Filter
5.2.7 Refrigerator Invertor
5.2.8 Heating Element
5.2.9 Compressor Relay
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global refrigerator accessories Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 refrigerator accessories Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.2.3 Laboratory Use
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global refrigerator accessories Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 refrigerator accessories Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America refrigerator accessories Analysis and Forecast
9.1 Introduction
9.2 North America refrigerator accessories Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America refrigerator accessories Market Size Forecast by Type
9.6.1 Refrigerator Door Handle
9.6.2 Freezer Con Asas
9.6.3 Ice Maker
9.6.4 FridgeCool Fan
9.6.5 Universal Mobile Base
9.6.6 Water Filter
9.6.7 Refrigerator Invertor
9.6.8 Heating Element
9.6.9 Compressor Relay
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America refrigerator accessories Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.10.3 Laboratory Use
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe refrigerator accessories Analysis and Forecast
10.1 Introduction
10.2 Europe refrigerator accessories Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe refrigerator accessories Market Size Forecast by Type
10.6.1 Refrigerator Door Handle
10.6.2 Freezer Con Asas
10.6.3 Ice Maker
10.6.4 FridgeCool Fan
10.6.5 Universal Mobile Base
10.6.6 Water Filter
10.6.7 Refrigerator Invertor
10.6.8 Heating Element
10.6.9 Compressor Relay
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe refrigerator accessories Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.10.3 Laboratory Use
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific refrigerator accessories Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific refrigerator accessories Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific refrigerator accessories Market Size Forecast by Type
11.6.1 Refrigerator Door Handle
11.6.2 Freezer Con Asas
11.6.3 Ice Maker
11.6.4 FridgeCool Fan
11.6.5 Universal Mobile Base
11.6.6 Water Filter
11.6.7 Refrigerator Invertor
11.6.8 Heating Element
11.6.9 Compressor Relay
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific refrigerator accessories Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.10.3 Laboratory Use
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America refrigerator accessories Analysis and Forecast
12.1 Introduction
12.2 Latin America refrigerator accessories Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America refrigerator accessories Market Size Forecast by Type
12.6.1 Refrigerator Door Handle
12.6.2 Freezer Con Asas
12.6.3 Ice Maker
12.6.4 FridgeCool Fan
12.6.5 Universal Mobile Base
12.6.6 Water Filter
12.6.7 Refrigerator Invertor
12.6.8 Heating Element
12.6.9 Compressor Relay
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America refrigerator accessories Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.10.3 Laboratory Use
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) refrigerator accessories Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) refrigerator accessories Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) refrigerator accessories Market Size Forecast by Type
13.6.1 Refrigerator Door Handle
13.6.2 Freezer Con Asas
13.6.3 Ice Maker
13.6.4 FridgeCool Fan
13.6.5 Universal Mobile Base
13.6.6 Water Filter
13.6.7 Refrigerator Invertor
13.6.8 Heating Element
13.6.9 Compressor Relay
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) refrigerator accessories Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.10.3 Laboratory Use
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 refrigerator accessories Market: Competitive Dashboard
14.2 Global refrigerator accessories Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic
14.3.2 Philipp Kirsch
14.3.3 Oxford Instruments
14.3.4 Thermo Scientific
14.3.5 LG
14.3.6 KW
14.3.7 Haier
14.3.8 Electrolux
14.3.9 Samsung
14.3.10 Whirlpool
14.3.11 Robert Bosch
14.3.12 Godrej