Market by Category and Distribution Channel | Forecast 2022-2028
In terms of revenue, the United Kingdom refrigeration appliances market
is expected to rise with a CAGR of 4.82%
during the forecast period 2022-2028.
The market was valued at $1743.01 million in 2021 and is expected to rise
to a revenue of about $2557.03 million by 2028.
In terms of volume, the United Kingdom refrigeration appliances market
by category is expected to rise with a CAGR
of 4.21% during the forecast period 2022-2028.
The market totaled 3660.10 thousand units in 2021 and is expected
to reach 4727.83 thousand units by 2028.
Any stationary equipment used to maintain
temperatures lower than the surrounding air in a small area is referred to as a
refrigeration appliance. Examples of refrigeration appliances include home
refrigerators & freezers, cold storage facilities, and retail or commercial
refrigeration equipment.
A key driver of the United Kingdom refrigeration
appliances market is the increase in the demand for electric wine
coolers/chillers.
People in the United Kingdom are using electric wine coolers/chillers more
frequently, with the COVID-19 pandemic significantly influencing this increase
in adoption. Due to health risks and the seasonal closures of foodservice
establishments, the consumer focus on outdoor entertainment increased in 2020
and 2021.
The wine coolers/chillers segment saw significant growth as a result of
consumers treating themselves as they spent more time at home. Wine consumption
at home increased during times of isolation, and many consumers searched for
the finest storage options to keep their wine in the best condition. Hence,
such factors are expected to further promote the demand as well as the adoption
of such refrigeration appliances across the country.
However, there has been an increase in the price
of refrigeration appliances, which is expected to hamper the growth of the
refrigeration appliances market in the United Kingdom during the forecast
period. The need for
kitchen essentials like fridge freezers or refrigerators has grown
significantly, with consumers spending more time at home. But consumers paid
about 30% more for these appliances in 2022, as compared to 2021. A $364.35
fridge now costs $85.30 more, which impacts their affordability. Hence, all
these factors are expected to hamper the market growth during the forecast
period.
Triton Market Research’s report provides in-depth insight into the
United Kingdom’s refrigeration appliances market, along with segmentation
analysis. The detailed analysis of the market includes PESTLE analysis,
competitive landscape, key buying criteria, market share analysis, brand share
analysis, and value chain analysis. The segmentation analysis of the United
Kingdom refrigeration appliances market includes the market by category and
distribution channel.
The key players in the United Kingdom
refrigeration appliances
market are Samsung Electronics Co Ltd, Hisense Group, LG Electronics, Haier Group
Corporation, and Indesit Company.
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VIEW REPORT1. UNITED
KINGDOM REFRIGERATION APPLIANCES MARKET – SUMMARY
1.1. MARKET
DEFINITION
1.2. MARKET
SIZE & FORECASTS
1.3. MARKET
DRIVING ASPECTS
1.4. MARKET
RESTRAINING ASPECTS
1.5. KEY
PLAYERS
2. UNITED
KINGDOM REFRIGERATION APPLIANCES MARKET OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE UNITED KINGDOM REFRIGERATION APPLIANCES MARKET
2.2. MARKET
SHARE ANALYSIS
2.3. BRAND
SHARE ANALYSIS
2.4. PESTLE
ANALYSIS
2.5. KEY
BUYING CRITERIA
2.6. VALUE
CHAIN ANALYSIS
3. UNITED
KINGDOM REFRIGERATION APPLIANCES MARKET – BY CATEGORY (VALUE IN $ MILLION &
VOLUME IN THOUSAND UNITS)
3.1. ELECTRIC
WINE COOLERS/CHILLERS
3.2. FREEZERS
3.3. FRIDGE
FREEZERS
3.4. FRIDGES
4. UNITED
KINGDOM REFRIGERATION APPLIANCES MARKET – BY DISTRIBUTION CHANNEL (VALUE IN $
MILLION)
4.1. ELECTRONICS
AND APPLIANCE SPECIALIST RETAILERS
4.2. HOME
AND GARDEN SPECIALIST RETAILERS
4.3. E-COMMERCE
4.4. OTHER
DISTRIBUTION CHANNELS
5. COMPETITIVE
LANDSCAPE
5.1. SAMSUNG
ELECTRONICS CO LTD
5.2. HISENSE
GROUP
5.3. LG
ELECTRONICS
5.4. HAIER
GROUP CORPORATION
5.5. INDESIT
COMPANY
6. METHODOLOGY
& SCOPE
6.1. RESEARCH
SCOPE & DELIVERABLES
6.2. SOURCES
OF DATA
6.3. RESEARCH
METHODOLOGY
TABLE 1: UNITED KINGDOM
REFRIGERATION APPLIANCES MARKET 2022-2028 (IN $ MILLION)
TABLE 2: REFRIGERATION
APPLIANCES MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN %)
TABLE 3: REFRIGERATION
APPLIANCES MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN %)
TABLE 4: UNITED KINGDOM –
COUNTRY SNAPSHOT
TABLE 5: UNITED KINGDOM
REFRIGERATION APPLIANCES MARKET, BY CATEGORY, 2022-2028 (IN $ MILLION)
TABLE 6: UNITED KINGDOM
REFRIGERATION APPLIANCES MARKET, BY CATEGORY, 2022-2028 (IN THOUSAND UNITS)
TABLE 7: UNITED KINGDOM
REFRIGERATION APPLIANCES MARKET, BY DISTRIBUTION CHANNEL, 2022-2028 (IN $
MILLION)
FIGURE
1: REFRIGERATION APPLIANCES MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN
%)
FIGURE
2: REFRIGERATION APPLIANCES MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN
%)
FIGURE
3: KEY BUYING CRITERIA
FIGURE
4: VALUE CHAIN ANALYSIS
FIGURE
5: UNITED KINGDOM REFRIGERATION APPLIANCES MARKET, BY CATEGORY, 2021 & 2028
(IN %)
FIGURE
6: UNITED KINGDOM REFRIGERATION APPLIANCES MARKET, BY ELECTRIC WINE
COOLERS/CHILLERS, 2022-2028 (IN $ MILLION)
FIGURE
7: UNITED KINGDOM REFRIGERATION APPLIANCES MARKET, BY ELECTRIC WINE
COOLERS/CHILLERS, 2022-2028 (IN THOUSAND UNITS)
FIGURE
8: UNITED KINGDOM REFRIGERATION APPLIANCES MARKET, BY FREEZERS, 2022-2028 (IN $
MILLION)
FIGURE
9: UNITED KINGDOM REFRIGERATION APPLIANCES MARKET, BY FREEZERS, 2022-2028 (IN
THOUSAND UNITS)
FIGURE
10: UNITED KINGDOM REFRIGERATION APPLIANCES MARKET, BY FRIDGE FREEZERS,
2022-2028 (IN $ MILLION)
FIGURE
11: UNITED KINGDOM REFRIGERATION APPLIANCES MARKET, BY FRIDGE FREEZERS,
2022-2028 (IN THOUSAND UNITS)
FIGURE
12: UNITED KINGDOM REFRIGERATION APPLIANCES MARKET, BY FRIDGES, 2022-2028 (IN $
MILLION)
FIGURE
13: UNITED KINGDOM REFRIGERATION APPLIANCES MARKET, BY FRIDGES, 2022-2028 (IN
THOUSAND UNITS)
FIGURE
14: UNITED KINGDOM REFRIGERATION APPLIANCES MARKET, BY DISTRIBUTION CHANNEL,
2021 & 2028 (IN %)
FIGURE
15: UNITED KINGDOM REFRIGERATION APPLIANCES MARKET, BY ELECTRONICS AND
APPLIANCE SPECIALIST, 2022-2028 (IN $ MILLION)
FIGURE
16: UNITED KINGDOM REFRIGERATION APPLIANCES MARKET, BY HOME AND GARDEN
SPECIALIST RETAILERS, 2022-2028 (IN $ MILLION)
FIGURE
17: UNITED KINGDOM REFRIGERATION APPLIANCES MARKET, BY E-COMMERCE, 2022-2028
(IN $ MILLION)
FIGURE
18: UNITED KINGDOM REFRIGERATION APPLIANCES MARKET, BY OTHER DISTRIBUTION
CHANNELS, 2022-2028 (IN $ MILLION)