CHINA REFRIGERATION APPLIANCES MARKET 2022-2028

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The refrigeration appliances market in China is anticipated to grow at a CAGR of 5.87% (by revenue) over the forecast period 2022-2028.

Description

CHINA REFRIGERATION APPLIANCES MARKET 2022-2028

MARKET OUTLOOK

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

COMPETITIVE OUTLOOK

Some of the key companies operating in the Chinese refrigeration appliances market are Xingxing Group, Hefei Meiling, Hisense, Midea Group, and Haier Group Corporation.

TABLE OF CONTENTS

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
5.1. HAIER GROUP CORPORATION
5.2. MIDEA GROUP
5.3. HISENSE
5.4. HEFEI MEILING
5.5. XINGXING GROUP
6. METHODOLOGY & SCOPE
6.1. RESEARCH SCOPE & DELIVERABLES
6.2. SOURCES OF DATA
6.3. RESEARCH METHODOLOGY

LIST OF TABLES
TABLE 1: CHINA 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: CHINA – COUNTRY SNAPSHOT
TABLE 5: CHINA REFRIGERATION APPLIANCES MARKET, BY CATEGORY, 2022-2028 (IN $ MILLION)
TABLE 6: CHINA REFRIGERATION APPLIANCES MARKET, BY CATEGORY, 2022-2028 (IN THOUSAND UNITS)
TABLE 7: CHINA REFRIGERATION APPLIANCES MARKET, BY DISTRIBUTION CHANNEL, 2022-2028 (IN $ MILLION)

LIST OF FIGURES
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: CHINA REFRIGERATION APPLIANCES MARKET, BY CATEGORY, 2021 & 2028 (IN %)
FIGURE 6: CHINA REFRIGERATION APPLIANCES MARKET, BY BUILT-IN REFRIGERATION APPLIANCES, 2022-2028 (IN $ MILLION)
FIGURE 7: CHINA REFRIGERATION APPLIANCES MARKET, BY BUILT-IN REFRIGERATION APPLIANCES, 2022-2028 (IN THOUSAND UNITS)
FIGURE 8: CHINA REFRIGERATION APPLIANCES MARKET, BY ELECTRIC WINE COOLERS/CHILLERS, 2022-2028 (IN $ MILLION)
FIGURE 9: CHINA REFRIGERATION APPLIANCES MARKET, BY ELECTRIC WINE COOLERS/CHILLERS, 2022-2028 (IN THOUSAND UNITS)
FIGURE 10: CHINA REFRIGERATION APPLIANCES MARKET, BY FREEZERS, 2022-2028 (IN $ MILLION)
FIGURE 11: CHINA REFRIGERATION APPLIANCES MARKET, BY FREEZERS, 2022-2028 (IN THOUSAND UNITS)
FIGURE 12: CHINA REFRIGERATION APPLIANCES MARKET, BY FRIDGE FREEZERS, 2022-2028 (IN $ MILLION)
FIGURE 13: CHINA REFRIGERATION APPLIANCES MARKET, BY FRIDGE FREEZERS, 2022-2028 (IN THOUSAND UNITS)
FIGURE 14: CHINA REFRIGERATION APPLIANCES MARKET, BY FRIDGES, 2022-2028 (IN $ MILLION)
FIGURE 15: CHINA REFRIGERATION APPLIANCES MARKET, BY FRIDGES, 2022-2028 (IN THOUSAND UNITS)
FIGURE 16: CHINA REFRIGERATION APPLIANCES MARKET, BY DISTRIBUTION CHANNEL, 2021 & 2028 (IN %)
FIGURE 17: CHINA REFRIGERATION APPLIANCES MARKET, BY HYPERMARKETS, 2022-2028 (IN $ MILLION)
FIGURE 18: CHINA REFRIGERATION APPLIANCES MARKET, BY ELECTRONICS AND APPLIANCE SPECIALIST, 2022-2028 (IN $ MILLION)
FIGURE 19: CHINA REFRIGERATION APPLIANCES MARKET, BY E-COMMERCE, 2022-2028 (IN $ MILLION)
FIGURE 20: CHINA REFRIGERATION APPLIANCES MARKET, BY OTHER DISTRIBUTION CHANNELS, 2022-2028 (IN $ MILLION)

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Companies Mentioned

1. HAIER GROUP CORPORATION
2. MIDEA GROUP
3. HISENSE
4. HEFEI MEILING
5. XINGXING GROUP

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