Europe Refrigerator Market Outlook, 2028

The Europe Refrigerator market is anticipated to add more than USD 6.60 Billion from 2023 to 2028, due to shifting consumer preferences towards smart appliance

Featured Companies

  • 1. General Electric Company
  • 2. Midea Group Co Limited
  • 3. Panasonic Corporation
  • 4. Samsung Corporation Limited
  • 5. Toshiba Corporation
  • 6. Hitachi Group
  • More...

The European refrigerator market is a thriving and fiercely competitive industry. Refrigerators are a large market in Europe, with increasing demand driven by reasons such as population increase, urbanization, and changing consumer lifestyles. The European refrigerator market includes a diverse choice of goods from both domestic and international producers. Well-known brands such as Bosch, Siemens, Miele, LG, Samsung, and Whirlpool have a significant presence in the European market, providing consumers with a broad range of refrigerator models with varying features, sizes, and designs to meet their demands. In the European refrigerator market, energy efficiency is a major concern. The European Union has enacted stringent energy efficiency rules, which has resulted in the development of energy-efficient refrigerators with innovative cooling technology, enhanced insulation, and environmentally benign refrigerants. Energy labels, such as the EU Energy Label, provide consumers with clear information about refrigerator energy use and efficiency, allowing them to make informed decisions. In the European market, smart refrigerators with connectivity features and innovative technologies are gaining popularity. These refrigerators may be managed remotely via smartphone apps, have superior temperature control, and come with functions such as inventory management and recipe ideas.

According to the research report, "Europe Refrigerator Market Outlook, 2028," published by Bonafide Research, the market is anticipated to add more than USD 6.60 Billion from 2023 to 2028. The European refrigerator market is driven by a variety of technological developments and drivers. Energy efficiency is a crucial motivator, prompting manufacturers to design refrigerators with better insulation, efficient compressors, and energy-saving features. Smart connection is gaining popularity, allowing people to operate and monitor their refrigerators remotely via smartphones or other devices. Sustainability is a prominent trend that is promoting the adoption of eco-friendly refrigerants and recyclable materials in refrigerator manufacturing. Advanced cooling technologies, such as multi-airflow systems and humidity control features, offer maximum food preservation and improved freshness. Design and aesthetics are also important, with sleek and modern designs appealing to European consumers. Changing lifestyles and customer preferences fuel the demand for features such as flexible storage options and noise-reduction technology. These technological trends and drivers influence the competitive environment of the European refrigerator industry, with manufacturers constantly innovating to match European consumers' increasing wants and tastes.

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Germany is a market leader in the European refrigerator market. It boasts a substantial presence of well-known refrigerator manufacturers, such as Bosch, Siemens, and Liebherr. Germany is known for producing high-quality, technologically advanced refrigerators that meet the different needs of European consumers. The country's concentration on engineering excellence, innovation, and energy efficiency has aided its position as the market leader in the European refrigerator market. German manufacturers are well-known for their dedication to quality, dependability, and cutting-edge features, which has gained them a sizable market share in Europe. Furthermore, Germany's excellent manufacturing infrastructure, research and development capabilities, and emphasis on sustainability have helped to cement the country's position as a market leader in the European refrigerator market. Germany has a robust manufacturing infrastructure that supports efficient production processes and quality control measures. The country's well-established supply chains and manufacturing capabilities enable German refrigerator manufacturers to deliver products of exceptional quality and reliability.

In the European refrigerator market, numerous types of refrigerators are available to fulfill the diverse needs of consumers. Single-door refrigerators are modest and ideal for small families, whereas double-door refrigerators include separate compartments for refrigeration and freezing, allowing for larger storage capacity. French-door refrigerators have a larger refrigerator space, two narrow doors on top, and a bottom freezer drawer. Side-by-side refrigerators have two vertical doors, one on each side, with the refrigeration section on one side and the freezer chamber on the other. Refrigerator distribution channels in Europe include retail locations and internet retail. Consumers can physically inspect and compare different models in brick-and-mortar retail establishments such as appliance retailers, electronics stores, and home improvement stores before making a purchase. Online retail has also grown in popularity, allowing consumers to easily browse and purchase refrigerators via e-commerce platforms and manufacturer websites. Energy efficiency is a primary priority in the European market in terms of technology. To lower power usage and meet energy efficiency rules, manufacturers integrate features such as better insulation, energy-saving modes, and inverter compressors. Another notable trend is smart connectivity, with smart refrigerators offering functions such as remote control, temperature monitoring, and interaction with smart home systems. Multi-airflow systems and humidity control features, among other advanced cooling technologies, ensure appropriate temperature and humidity conditions for food preservation. To reduce the environmental effects fact, manufacturers prioritize eco-friendly solutions such as the use of natural refrigerants and recyclable materials.

In Europe, lightweight refrigerators are popular because they are easy to carry, install, and position in the kitchen or other living rooms. These freezers are often composed of robust yet lightweight materials, enabling for simpler handling during delivery and installation. In the European refrigerator market, versatile applications are highly valued. Refrigerators that offer various storage options and configurable compartments to match their unique demands are preferred by consumers. Adjustable shelves, removable door bins, and convertible sections that may be altered for varied storage needs, such as accommodating tall bottles or providing extra space for party trays, are examples of such features. Refrigerators with specialized applications, such as dedicated storage for fruits and vegetables, temperature-controlled chambers for meats and seafood, or even built-in wine coolers for wine connoisseurs, are frequently sought after by European consumers. These specialized applications cater to European clients' different lifestyles and culinary tastes.

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Manmayi Raval

Manmayi Raval

Research Consultant



Major Companies present in the market:
Samsung, LG Corporation, Whirlpool Corporation, Panasonic holding corporation, Robert Bosch GmbH, Haier group corporation, Mitsubhishi electric corporation, Siemens AG, Midea group co limited, Hisense, Hitachi, Ltd, Toshiba corporation, Electrolux AB , General electric company, Sub-zero, Arcelik AS, Liebherr - international AG, Gree electric appliances, Indesit company S.p.A

Considered in this report
• Geography: Europe
• Historic year: 2017
• Base year: 2021
• Estimated year: 2022
• Forecast year: 2028

Aspects covered in this report
• Europe Refrigerator market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

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Manmayi Raval


Countries covered in the report:
• United Kingdom
• Germany
• Italy
• Russia
• France
• Spain

By Product Type
• Single–door
• Double–door
• Side by side
• French door
• Other type

BY Distribution Channel
• Hypermarket and supermarket
• Specialty Retailers
• Online

By Applications

• Household
• Commercial use

By Weight
• Small capacity
• Medium capacity
• Large capacity
• Extra large

By Technology
• Inverter
• Non-inverter

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age groups, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Bottled water Market, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.




Companies Mentioned

  • General Electric Company
  • Midea Group Co Limited
  • Panasonic Corporation
  • Samsung Corporation Limited
  • Toshiba Corporation
  • Hitachi Group
  • Mitsubishi Electric Corporation
  • LG Electronic
  • Robert Bosch GmbH
  • Siemens AG
  • Whirlpool Corporation
  • Electrolux
  • Arcelik AS
  • Sub-Zero Group, Inc.
  • Liebherr - International Ag
  • Haier Group Corporation
  • Hisense
  • Gree electric appliances
  • Indesit company S.p.A

Table of Contents

  • Table of Content
  • 1. Executive Summary
  • 2. Research Methodology
  • 2.1. Secondary Research
  • 2.2. Primary Data Collection
  • 2.3. Market Formation & Validation
  • 2.4. Report Writing, Quality Check & Delivery
  • 3. Market Structure
  • 3.1. Market Considerate
  • 3.2. Assumptions
  • 3.3. Limitations
  • 3.4. Abbreviations
  • 3.5. Sources
  • 3.6. Definitions
  • 4. Economic /Demographic Snapshot
  • 5. Global Refrigerator Market Outlook
  • 5.1. Market Size By Value
  • 5.2. Market Share By Region
  • 5.3. Market Size and Forecast, By Geography
  • 5.4. Market Size and Forecast, By Type
  • 5.5. Market Size and Forecast, By Application
  • 5.6. Market Size and Forecast, By Distribution Channel
  • 5.7. Market Size and Forecast, By Weight
  • 5.8. Market Size and Forecast, By Technology
  • 6. Europe Refrigerator Market Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Share By Country
  • 6.3. Market Size and Forecast, By Type
  • 6.4. Market Size and Forecast, By Application
  • 6.5. Market Size and Forecast, By Distribution Channel
  • 6.6. Market Size and Forecast, By Weight
  • 6.7. Market Size and Forecast, By Technology
  • 7. Market Dynamics
  • 7.1. Market Drivers & Opportunities
  • 7.2. Market Restraints & Challenges
  • 7.3. Market Trends
  • 7.4. Covid-19 Effect
  • 7.5. Supply chain Analysis
  • 7.6. Policy & Regulatory Framework
  • 7.7. Industry Experts Views
  • 7.8. Germany Refrigerator Market Outlook
  • 7.8.1. Market Size By Value
  • 7.8.2. Market Size and Forecast By Type
  • 7.8.3. Market Size and Forecast By Application
  • 7.8.4. Market Size and Forecast By Distribution Channel
  • 7.8.5. Market Size and Forecast By Weight
  • 7.8.6. Market Size and Forecast By Technology
  • 7.9. United Kingdom Refrigerator Market Outlook
  • 7.9.1. Market Size By Value
  • 7.9.2. Market Size and Forecast By Type
  • 7.9.3. Market Size and Forecast By Application
  • 7.9.4. Market Size and Forecast By Distribution Channel
  • 7.9.5. Market Size and Forecast By Weight
  • 7.9.6. Market Size and Forecast By Technology
  • 7.10. France Refrigerator Market Outlook
  • 7.10.1. Market Size By Value
  • 7.10.2. Market Size and Forecast By Type
  • 7.10.3. Market Size and Forecast By Application
  • 7.10.4. Market Size and Forecast By Distribution Channel
  • 7.10.5. Market Size and Forecast By Weight
  • 7.10.6. Market Size and Forecast By Technology
  • 7.11. Italy Refrigerator Market Outlook
  • 7.11.1. Market Size By Value
  • 7.11.2. Market Size and Forecast By Type
  • 7.11.3. Market Size and Forecast By Application
  • 7.11.4. Market Size and Forecast By Distribution Channel
  • 7.11.5. Market Size and Forecast By Weight
  • 7.11.6. Market Size and Forecast By Technology
  • 7.12. Spain Refrigerator Market Outlook
  • 7.12.1. Market Size By Value
  • 7.12.2. Market Size and Forecast By Type
  • 7.12.3. Market Size and Forecast By Application
  • 7.12.4. Market Size and Forecast By Distribution Channel
  • 7.12.5. Market Size and Forecast By Weight
  • 7.12.6. Market Size and Forecast By Technology
  • 7.13. Russia Refrigerator Market Outlook
  • 7.13.1. Market Size By Value
  • 7.13.2. Market Size and Forecast By Type
  • 7.13.3. Market Size and Forecast By Application
  • 7.13.4. Market Size and Forecast By Distribution Channel
  • 7.13.5. Market Size and Forecast By Weight
  • 7.13.6. Market Size and Forecast By Technology
  • 8. Competitive Landscape
  • 8.1. Competitive Dashboard
  • 8.2. Business Strategies Adopted by Key Players
  • 8.3. Key Players Market Share Insights and Analysis, 2022
  • 8.4. Key Players Market Positioning Matrix
  • 8.5. Porter's Five Forces
  • 8.6. Company Profile
  • 8.6.1. Samsung Electronics Co Ltd.
  • 8.6.1.1. Company Snapshot
  • 8.6.1.2. Company Overview
  • 8.6.1.3. Financial Highlights
  • 8.6.1.4. Geographic Insights
  • 8.6.1.5. Business Segment & Performance
  • 8.6.1.6. Product Portfolio
  • 8.6.1.7. Key Executives
  • 8.6.1.8. Strategic Moves & Developments
  • 8.6.2. LG Corporation
  • 8.6.3. Whirlpool Corporation
  • 8.6.4. Panasonic holding corporation
  • 8.6.5. Robert Bosch GmbH
  • 8.6.6. Haier group corporation
  • 8.6.7. Mitsubhishi electric corporation
  • 8.6.8. Siemens AG
  • 8.6.9. Midea group co limited
  • 8.6.10. Hisense
  • 8.6.11. Hitachi, Ltd
  • 8.6.12. Toshiba Corporation
  • 8.6.13. Electrolux AB
  • 8.6.14. General electric company
  • 8.6.15. Sub-zero
  • 8.6.16. Arcelik AS
  • 8.6.17. Liebherr - international AG
  • 8.6.18. Gree electric Appliances
  • 8.6.19. Indesit Company S.p.A
  • 9. Strategic Recommendations
  • 10. Annexure
  • 10.1. FAQ`s
  • 10.2. Notes
  • 10.3. Related Reports
  • 11. Disclaimer

List of Tables

Table 1: Global Refrigerator Market Snapshot, By Segmentation (2022 & 2028) (in USD Billion)
Table 2: Top 10 Counties Economic Snapshot 2020
Table 3: Top 10 Counties Economic Snapshot 2020
Table 4: Economic Snapshot of Other Prominent Countries 2020
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: Global Refrigerator Market Size and Forecast, By Type (2017 to 2028F) (In USD Billion)
Table 7: Global Refrigerator Market Size and Forecast, By Application (2017 to 2028F) (In USD Billion)
Table 8: Global Refrigerator Market Size and Forecast, By Weight (2017 to 2028F) (In USD Billion)
Table 9: Global Refrigerator Market Size and Forecast, By Technology (2017 to 2028F) (In USD Billion)
Table 10: Europe Refrigerator Market Size and Forecast, By Type (2017 to 2028F) (In USD Billion)
Table 11: Europe Refrigerator Market Size and Forecast, By Application (2017 to 2028F) (In USD Billion)
Table 12: Europe Refrigerator Market Size and Forecast, By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 13: Europe Refrigerator Market Size and Forecast, By Weight (2017 to 2028F) (In USD Billion)
Table 14: Europe Refrigerator Market Size and Forecast, By Technology (2017 to 2028F) (In USD Billion)
Table 15: Influencing Factors for Global Refrigerator Market, 2022
Table 16: Germany Refrigerator Market Size and Forecast By Type (2017 to 2028F) (In USD Billion)
Table 17: Germany Refrigerator Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 18: Germany Refrigerator Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 19: Germany Refrigerator Market Size and Forecast By Weight (2017 to 2028F) (In USD Billion)
Table 20: Germany Refrigerator Market Size and Forecast By Technology (2017 to 2028F) (In USD Billion)
Table 21: United Kingdom Refrigerator Market Size and Forecast By Type (2017 to 2028F) (In USD Billion)
Table 22: United Kingdom Refrigerator Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 23: United Kingdom Refrigerator Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 24: United Kingdom Refrigerator Market Size and Forecast By Weight (2017 to 2028F) (In USD Billion)
Table 25: United Kingdom Refrigerator Market Size and Forecast By Technology (2017 to 2028F) (In USD Billion)
Table 26: France Refrigerator Market Size and Forecast By Type (2017 to 2028F) (In USD Billion)
Table 27: France Refrigerator Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 28: France Refrigerator Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 29: France Refrigerator Market Size and Forecast By Weight (2017 to 2028F) (In USD Billion)
Table 30: France Refrigerator Market Size and Forecast By Technology (2017 to 2028F) (In USD Billion)
Table 31: Italy Refrigerator Market Size and Forecast By Type (2017 to 2028F) (In USD Billion)
Table 32: Italy Refrigerator Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 33: Italy Refrigerator Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 34: Italy Refrigerator Market Size and Forecast By Weight (2017 to 2028F) (In USD Billion)
Table 35: Italy Refrigerator Market Size and Forecast By Technology (2017 to 2028F) (In USD Billion)
Table 36: Spain Refrigerator Market Size and Forecast By Type (2017 to 2028F) (In USD Billion)
Table 37: Spain Refrigerator Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 38: Spain Refrigerator Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 39: Spain Refrigerator Market Size and Forecast By Weight (2017 to 2028F) (In USD Billion)
Table 40: Spain Refrigerator Market Size and Forecast By Technology (2017 to 2028F) (In USD Billion)
Table 41: Russia Refrigerator Market Size and Forecast By Type (2017 to 2028F) (In USD Billion)
Table 42: Russia Refrigerator Market Size and Forecast By Application (2017 to 2028F) (In USD Billion)
Table 43: Russia Refrigerator Market Size and Forecast By Distribution Channel (2017 to 2028F) (In USD Billion)
Table 44: Russia Refrigerator Market Size and Forecast By Weight (2017 to 2028F) (In USD Billion)
Table 45: Russia Refrigerator Market Size and Forecast By Technology (2017 to 2028F) (In USD Billion)

List of Figures

Figure 1: Global Refrigerator Market Size (USD Billion) By Region, 2022 & 2028
Figure 2: Market attractiveness Index, By Region 2028
Figure 3: Market attractiveness Index, By Segment 2028
Figure 4: Global Refrigerator Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 5: Global Refrigerator Market Share By Region (2022)
Figure 6: Europe Refrigerator Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 7: Europe Refrigerator Market Share By Country (2022)
Figure 8: Germany Refrigerator Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 9: UK Refrigerator Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 10: France Refrigerator Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 11: Italy Refrigerator Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 12: Spain Refrigerator Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 13: Russia Refrigerator Market Size By Value (2017, 2022 & 2028F) (in USD Billion)
Figure 14: Competitive Dashboard of top 5 players, 2022
Figure 15: Porter's Five Forces of Global Refrigerator Market

Market Research FAQs

Some key drivers of the Europe refrigerator market include increasing household disposable income, changing consumer lifestyles, technological advancements, and the need for energy-efficient and eco-friendly appliances.

The Europe refrigerator market offers various types of refrigerators, including top-mount refrigerators, bottom-mount refrigerators, side-by-side refrigerators, French door refrigerators, and compact refrigerators.

The distribution channels for refrigerators in Europe include retail stores (such as appliance stores, electronic stores, and department stores), online platforms, and direct sales from manufacturers.

4The demand for built-in and integrated refrigerators is higher in Europe compared to other regions. This is because built-in and integrated refrigerators offer a seamless and customized look, blending with the kitchen cabinetry and providing a sleek and modern appearance.

A Some key features that consumers consider when purchasing refrigerators in Europe include energy efficiency ratings, storage capacity, cooling performance, noise levels, durability, design aesthetics, and additional features such as water and ice dispensers.
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Europe Refrigerator Market Outlook, 2028

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