The North America fridges and freezers market is expected to see a slight increase of USD 12.5 billion, translating to a compound annual growth rate (CAGR) of about 4.2% from 2024 to 2029. North America’s fridges and freezers market is driven by consumer interest in energy efficiency and advanced features, such as smart technology, which enables remote control and monitoring. In the United States and Canada, as consumers seek long-term savings and convenience, there is a growing shift toward high-end, customizable refrigerators, including those with built-in screens, touch controls, and specialized zones for food preservation. The focus on sustainability is also pushing manufacturers to introduce more eco-friendly and energy-efficient models in response to rising energy costs and environmental concerns.
The report offers a comprehensive evaluation of the North America fridges and freezers market, presenting crucial data on historical market size, growth patterns, and future projections. It provides a thorough breakdown of market segments and sub-segments, with a focus on key variables such as format, product, distribution channel and country. This comprehensive evaluation aids in identifying the growth potential within the fridges and freezers industry.
Market Segmentation
The North America fridges and freezers market is classified into the following segments:
Format: built-in, freestanding
Product: wine coolers, freezers, fridge freezers, fridges
Distribution channel: supermarkets and hypermarkets, department stores, electronics stores, e-commerce, builders merchants, others
Country: USA, Canada
The fridges and freezers market in North America is segmented across format, product, distribution channel and country. By format, the market includes built-in, and freestanding. Product categories include wine coolers, freezers, fridge freezers, and fridges. Distribution channel segments comprise supermarkets and hypermarkets, department stores, electronics stores, e-commerce, builders merchants, and others. Geographically, the market includes USA, and Canada.
Competitive Landscape
The competitive landscape of the fridges and freezers market features leading companies such as Whirlpool Corporation, The Samsung Group, The Middleby Corporation, Sub-Zero Group Inc., Panasonic Corporation, Midea Group Co. Ltd., LG Corporation, Hisense Group Co. Ltd., Haier Group Corporation, Electrolux AB, Danby Products Limited and Avanti Products Inc.
This analysis offers a comprehensive overview of the main players in the fridges and freezers market, evaluating their performance trends from 2019 to 2023. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.
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Anticipate the future trajectory of the North America fridges and freezers market with informed projections.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
North America Fridges and Freezers Market – Format Analysis
North America Fridges and Freezers Market – Product Analysis
North America Fridges and Freezers Market – Distribution Channel Analysis
North America Fridges and Freezers Market – Country Analysis
Key Players and Market Share
– Whirlpool Corporation
– The Samsung Group
– The Middleby Corporation
– Sub-Zero Group, Inc.
– Panasonic Corporation
– Midea Group Co., Ltd.
– LG Corporation
– Hisense Group Co., Ltd.
– Haier Group Corporation
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table North America Fridges and Freezers Market 2019-2029
Chart North America Fridges and Freezers Market, Net Growth, 2019-2029
Chart North America Fridges and Freezers Market, Growth Rates, 2019-2029
Table North America Fridges and Freezers Market by Format, 2019-2029
Chart North America Fridges and Freezers Market by Format, CAGR Historic and Forecast, 2019-2029
Chart North America Fridges and Freezers Market by Format, 2019-2029
Table North America Fridges and Freezers Market by Product, 2019-2029
Chart North America Fridges and Freezers Market by Product, CAGR Historic and Forecast, 2019-2029
Chart North America Fridges and Freezers Market by Product, 2019-2029
Table North America Fridges and Freezers Market by Distribution Channel, 2019-2029
Chart North America Fridges and Freezers Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart North America Fridges and Freezers Market by Distribution Channel, 2019-2029
Table North America Fridges and Freezers Market by Country, 2019-2029
Chart North America Fridges and Freezers Market by Country, CAGR Historic and Forecast, 2019-2029
Chart North America Fridges and Freezers Market by Country, 2019-2029
Table North America Fridges and Freezers Market Share (%), by Companies, 2019-2023
Chart North America Fridges and Freezers Market, by Companies, 2023
Table North America Fridges and Freezers Market Share (%), by Brands, 2019-2023
Chart North America Fridges and Freezers Market, by Brands, 2023
Table North America – Population (Millions) and Forecast
Table North America – Consumer Price Index (CPI) and Forecast
Table North America – Gross Domestic Product and Forecast
Table North America Fridges and Freezers Market: Spend as a Proportion of GDP (%)
Table North America Fridges and Freezers Market: Consumption per Capita (Population)
Companies Mentioned
Whirlpool Corporation
The Samsung Group
The Middleby Corporation
Sub-Zero Group, Inc.
Panasonic Corporation
Midea Group Co., Ltd.
LG Corporation
Hisense Group Co., Ltd.
Haier Group Corporation
Electrolux AB
Danby Products Limited
Avanti Products Inc.