DUBLIN, April 7, 2023 /PRNewswire/ -- The "China Refrigeration Appliances Market 2022-2028" report has been added to ResearchAndMarkets.com's offering.
The refrigeration appliances market in China is anticipated to grow at a CAGR of 5.87% (by revenue) over the forecast period 2022-2028. Also, the market (in terms of category) is anticipated to develop at a CAGR of 1.90% (by volume), during this period.
The COVID-19 sparked the introduction of new products with more advanced fresh-keeping technologies, in order to keep up with the varied food preservation demand from consumers. Midea's compartment utilizing magnetism to extend fruits' shelf life and Hisense's vacuum compartment for frozen food are key examples of such products.
This is expected to positively influence the growth of the refrigeration appliances market in China over the forecast period. On the other hand, the premiumization trend in technology, storage, and aesthetics, coupled with the "smartization" trend post 2021, drove up the per unit price of refrigeration equipment. This, in turn, is likely to hamper the market's growth prospects in the country over the considered period
Key Topics Covered:
1. China 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. China Refrigeration Appliances Market Outlook
2.1. Impact of Covid-19 on the China 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. China Refrigeration Appliances Market - by Category (Value in $ Million & Volume in Thousand Units)
3.1. Built-In Refrigeration Appliances
3.2. Electric Wine Coolers/Chillers
3.3. Freezers
3.4. Fridge Freezers
3.5. Fridges
4. China Refrigeration Appliances Market - by Distribution Channel (Value in $ Million)
4.1. Hypermarkets
4.2. Electronics and Appliance Specialist Retailers
4.3. E-Commerce
4.4. Other Distribution Channels
5. Competitive Landscape
6. Methodology & Scope
6.1. Research Scope & Deliverables
6.2. Sources of Data
6.3. Research Methodology
A selection of companies mentioned in this report includes
- Haier Group Corporation
- Midea Group
- Hisense
- Hefei Meiling
- Xingxing Group
For more information about this report visit https://www.researchandmarkets.com/r/o47m3w
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article