Anticipated market conditions suggest a decrease of USD 14.6 million in the Norway fridges and freezers sector by 2029, corresponding to a compound annual growth rate (CAGR) of -0.9%. Norway’s fridges and freezers market is forecasted to decline, primarily driven by the market’s maturity and long replacement cycles. While energy efficiency remains a key concern for consumers, the overall market growth is expected to stall due to high levels of existing ownership and the slowdown in new residential construction. Additionally, rising prices and reduced consumer spending are likely to impact demand for new units, with a preference for maintenance and repair of existing appliances.
The report provides a comprehensive analysis of the Norway fridges and freezers industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as format, product and distribution channel. The insights gained from this evaluation help reveal the growth potential within the fridges and freezers sector.
Market Segmentation
The segmentation of the Norway fridges and freezers market is outlined below:
Format: built-in, freestanding
Product: wine coolers, freezers, fridge freezers, fridges
Distribution channel: supermarkets and hypermarkets, electronics stores, e-commerce, builders merchants, others
The fridges and freezers market in Norway is segmented based on format, product and distribution channel. By format, the market features built-in, and freestanding. Product segmentation includes wine coolers, freezers, fridge freezers, and fridges. Distribution channel segments cover supermarkets and hypermarkets, electronics stores, e-commerce, builders merchants, and others.
Competitive Landscape
In examining the competitive landscape, key players in the fridges and freezers market include Whirlpool Corporation, The Samsung Group, Temptech AS, Smeg S.p.A, Miele & Cie. KG, Liebherr-International AG, LG Corporation, Inter IKEA Systems B.V., Hisense Group Co. Ltd., Haier Group Corporation, Electrolux AB, BSH Hausgerate GmbH, Arcelik A.S. and Amica S.A.
This report presents an extensive analysis of major entities in the fridges and freezers market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Norway Fridges and Freezers Market – Format Analysis
Norway Fridges and Freezers Market – Product Analysis
Norway Fridges and Freezers Market – Distribution Channel Analysis
Key Players and Market Share
– Whirlpool Corporation
– The Samsung Group
– Temptech AS
– Smeg S.p.A
– Miele & Cie. KG
– Liebherr-International AG
– LG Corporation
– Inter IKEA Systems B.V.
– Hisense Group Co., Ltd.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table Norway Fridges and Freezers Market 2019-2029
Chart Norway Fridges and Freezers Market, Net Growth, 2019-2029
Chart Norway Fridges and Freezers Market, Growth Rates, 2019-2029
Table Norway Fridges and Freezers Market by Format, 2019-2029
Chart Norway Fridges and Freezers Market by Format, CAGR Historic and Forecast, 2019-2029
Chart Norway Fridges and Freezers Market by Format, 2019-2029
Table Norway Fridges and Freezers Market by Product, 2019-2029
Chart Norway Fridges and Freezers Market by Product, CAGR Historic and Forecast, 2019-2029
Chart Norway Fridges and Freezers Market by Product, 2019-2029
Table Norway Fridges and Freezers Market by Distribution Channel, 2019-2029
Chart Norway Fridges and Freezers Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Norway Fridges and Freezers Market by Distribution Channel, 2019-2029
Table Norway Fridges and Freezers Market Share (%), by Companies, 2019-2023
Chart Norway Fridges and Freezers Market, by Companies, 2023
Table Norway Fridges and Freezers Market Share (%), by Brands, 2019-2023
Chart Norway Fridges and Freezers Market, by Brands, 2023
Table Norway – Population (Millions) and Forecast
Table Norway – Consumer Price Index (CPI) and Forecast
Table Norway – Gross Domestic Product and Forecast
Table Norway Fridges and Freezers Market: Spend as a Proportion of GDP (%)
Table Norway Fridges and Freezers Market: Consumption per Capita (Population)
Companies Mentioned
Whirlpool Corporation
The Samsung Group
Temptech AS
Smeg S.p.A
Miele & Cie. KG
Liebherr-International AG
LG Corporation
Inter IKEA Systems B.V.
Hisense Group Co., Ltd.
Haier Group Corporation
Electrolux AB
BSH Hausgerate GmbH
Arcelik A.S.
Amica S.A.