South Korea Fridges and Freezers Market 2025

An incremental growth of USD 1.5 billion is forecasted for the South Korea fridges and freezers market, which is likely to experience a CAGR of roughly 4.1% between 2025 and 2030. South Korea’s fridges and freezers market is influenced by the growing preference for energy-efficient, high-performance refrigerators with advanced technology. Smart appliances with features such as touchscreens, remote controls, and energy-saving modes are highly sought after. Additionally, South Korea’s aging population is driving demand for user-friendly, accessible, and space-efficient refrigeration solutions.

This report delivers a comprehensive analysis and forward-looking perspective on the South Korea fridges and freezers market, spanning historical data from 2020 to 2024 and market projections through 2030. By examining market size, growth rates, and segmented insights, the report highlights the dynamic shifts and emerging trends shaping the industry. It provides a granular breakdown across key dimensions, including format, product and distribution channel, offering stakeholders a detailed roadmap for strategic decision-making.

Market Segmentation

The South Korea 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

The South Korea fridges and freezers market is segmented by format, product and distribution channel. The categorization of the market by format includes built-in, and freestanding. Product segments are divided into wine coolers, freezers, fridge freezers, and fridges. Distribution channel segments comprise supermarkets and hypermarkets, department stores, electronics stores, e-commerce, builders merchants, and others.

Competitive Landscape

Major participants in the fridges and freezers market comprise Winia Group, United Technologies Corporation (Carrier), The Samsung Group, Midea Group Co. Ltd., LG Corporation and Haier Group Corporation. This analysis offers a comprehensive overview of the main players in the fridges and freezers market, evaluating their performance trends from 2020 to 2024. Key findings illustrate shifts in market share, identifying both dominant firms and rising competitors.

Why Buy This Report?

Obtain precise statistical data and forecasts for the South Korea fridges and freezers market.
Gain in-depth analysis and forecasts for the key segments of the South Korea fridges and freezers market: format, product and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the South Korea fridges and freezers market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the South Korea fridges and freezers market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
A single unlimited user license within the same organization, with no additional charges for extra users.

Table of Contents

TABLE OF CONTENTS
Key Findings
Market Segmentation
Market Overview
South Korea Fridges and Freezers Market – Format Analysis
South Korea Fridges and Freezers Market – Product Analysis
South Korea Fridges and Freezers Market – Distribution Channel Analysis
Company Shares Analysis
Winia Group
United Technologies Corporation (Carrier)
The Samsung Group
Midea Group Co., Ltd.
LG Corporation
Haier Group Corporation
Macroeconomic Data and Forecast
Research Methodology
Disclaimer

FIGURES AND TABLES
Table South Korea Fridges and Freezers Market 2020-2030
Chart South Korea Fridges and Freezers Market, Net Growth, 2020-2030
Chart South Korea Fridges and Freezers Market, Growth Rates, 2020-2030
Table South Korea Fridges and Freezers Market by Format, 2020-2030
Chart South Korea Fridges and Freezers Market by Format, CAGR Historic and Forecast, 2020-2030
Chart South Korea Fridges and Freezers Market by Format, 2020-2030
Table South Korea Fridges and Freezers Market by Product, 2020-2030
Chart South Korea Fridges and Freezers Market by Product, CAGR Historic and Forecast, 2020-2030
Chart South Korea Fridges and Freezers Market by Product, 2020-2030
Table South Korea Fridges and Freezers Market by Distribution Channel, 2020-2030
Chart South Korea Fridges and Freezers Market by Distribution Channel, CAGR Historic and Forecast, 2020-2030
Chart South Korea Fridges and Freezers Market by Distribution Channel, 2020-2030
Table South Korea Fridges and Freezers Market Share (%), by Companies, 2020-2024
Chart South Korea Fridges and Freezers Market, by Companies, 2024
Table South Korea Fridges and Freezers Market Share (%), by Brands, 2020-2024
Chart South Korea Fridges and Freezers Market, by Brands, 2024
Table South Korea – Population (Millions) and Forecast
Table South Korea – Consumer Price Index (CPI) and Forecast
Table South Korea – Gross Domestic Product and Forecast
Table South Korea Fridges and Freezers Market: Spend as a Proportion of GDP (%)
Table South Korea Fridges and Freezers Market: Consumption per Capita (Population)

Companies Mentioned

Winia Group
United Technologies Corporation (Carrier)
The Samsung Group
Midea Group Co., Ltd.
LG Corporation
Haier Group Corporation