Expected to see substantial growth, the South Africa fridges and freezers market is anticipated to move from USD 809.2 million in 2023 to USD 1,320.2 million by 2029, corresponding to a CAGR of 8.5%. South Africa’s fridges and freezers market is experiencing growth as urbanization accelerates and disposable incomes rise. Consumers are increasingly prioritizing energy-efficient refrigerators and freezers that offer lower operating costs. The growing demand for frozen foods and better food preservation solutions, particularly in urban areas, is also contributing to the expansion of the market.
The report offers a comprehensive evaluation of the South Africa 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 and distribution channel. This comprehensive evaluation aids in identifying the growth potential within the fridges and freezers industry.
Market Segmentation
The South Africa 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, electronics stores, e-commerce, builders merchants, others
The fridges and freezers market in South Africa is segmented across format, product and distribution channel. In terms of format, the market is segmented into built-in, and freestanding. Product categories include wine coolers, freezers, fridge freezers, and fridges. Distribution channel segments comprise supermarkets and hypermarkets, electronics stores, e-commerce, builders merchants, and others.
Competitive Landscape
Top players featured in the South Africa fridges and freezers market study include Whirlpool Corporation, The Samsung Group, Miele & Cie. KG, LG Corporation, Hisense Group Co. Ltd., Electrolux AB, BSH Hausgerate GmbH and Arcelik A.S. 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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Obtain precise statistical data and forecasts for the South Africa fridges and freezers market.
Gain in-depth analysis and forecasts for the key segments of the South Africa fridges and freezers market: format, product and distribution channel.
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Anticipate the future trajectory of the South Africa 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
South Africa Fridges and Freezers Market – Format Analysis
South Africa Fridges and Freezers Market – Product Analysis
South Africa Fridges and Freezers Market – Distribution Channel Analysis
Key Players and Market Share
– Whirlpool Corporation
– The Samsung Group
– Miele & Cie. KG
– LG Corporation
– Hisense Group Co., Ltd.
– Electrolux AB
– BSH Hausgerate GmbH
– Arcelik A.S.
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table South Africa Fridges and Freezers Market 2019-2029
Chart South Africa Fridges and Freezers Market, Net Growth, 2019-2029
Chart South Africa Fridges and Freezers Market, Growth Rates, 2019-2029
Table South Africa Fridges and Freezers Market by Format, 2019-2029
Chart South Africa Fridges and Freezers Market by Format, CAGR Historic and Forecast, 2019-2029
Chart South Africa Fridges and Freezers Market by Format, 2019-2029
Table South Africa Fridges and Freezers Market by Product, 2019-2029
Chart South Africa Fridges and Freezers Market by Product, CAGR Historic and Forecast, 2019-2029
Chart South Africa Fridges and Freezers Market by Product, 2019-2029
Table South Africa Fridges and Freezers Market by Distribution Channel, 2019-2029
Chart South Africa Fridges and Freezers Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart South Africa Fridges and Freezers Market by Distribution Channel, 2019-2029
Table South Africa Fridges and Freezers Market Share (%), by Companies, 2019-2023
Chart South Africa Fridges and Freezers Market, by Companies, 2023
Table South Africa Fridges and Freezers Market Share (%), by Brands, 2019-2023
Chart South Africa Fridges and Freezers Market, by Brands, 2023
Table South Africa – Population (Millions) and Forecast
Table South Africa – Consumer Price Index (CPI) and Forecast
Table South Africa – Gross Domestic Product and Forecast
Table South Africa Fridges and Freezers Market: Spend as a Proportion of GDP (%)
Table South Africa Fridges and Freezers Market: Consumption per Capita (Population)
Companies Mentioned
Whirlpool Corporation
The Samsung Group
Miele & Cie. KG
LG Corporation
Hisense Group Co., Ltd.
Electrolux AB
BSH Hausgerate GmbH
Arcelik A.S.