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Frequently Asked Questions
Precedence Research Predicts, the global household refrigerators and freezers market was reached at US$ 87.9 billion in 2020 and is predicted to reach US$ 124.6 billion by 2030.
Rising disposable income and increasing consumer expenditure of home improvement are the driving factors of the household refrigerators and freezers market.
The global household refrigerators and freezers market is growing at a CAGR of 3.6% from 2021 to 2030.
The major players in the household refrigerators and freezers market are Robert Bosch GmbH, Dacor, Inc., Philips Electronics, Whirlpool Corporation, Samsung, AB Electrolux, LG lectronics, Dover Corporation, Godrej Industries Ltd., Liebherr Group, Panasonic Corporation.
The North America region will lead the market and is estimated to sustain its dominance during the forecast period.