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Report Overview

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Australia Smart Refrigerator Market Outlook

The Australia smart refrigerator market size is projected to grow at a CAGR of 8.6% between 2024 and 2032.

Key Takeaways:

  • According to the Australian Bureau of Statistics, in 2020-21, digital activity value in Australia grew by 7.8% ($8.6 billion), exceeding the 4.8% of the total economic growth. This surge fuelled the smart refrigerator market expansion, particularly through increased online sales.
  • According to the Australian Bureau of Statistics, Australia's retail trade witnessed a 1.1% growth in 2023 compared to the previous year, reaching a total of USD 35,736 million in January 2024.
  • In 2023, TCL bolstered its presence in Australia's home appliance market by introducing the French Door fridge, equipped with an inverter compressor, fresh food zone, and adjustable shelves.

Double-door refrigerators are typically more cost-effective, appealing to budget-conscious consumers seeking spacious refrigeration options without the added expense, thus, boosting the Australia smart refrigerator market growth

Double door refrigerators provide affordability, ample compartments for simple arrangement, energy efficiency through inverter technology, expanded freezer storage for bulk items, and a range of sizes suitable for compact kitchens.

French door refrigerators feature improved access with twin narrow doors, spacious fridge areas for larger items, enhanced energy efficiency, contemporary designs, and customizable storage for diverse organizational needs.

LG unveiled the LG InstaView refrigerator with MoodUP for the Australian market, which debuted in the summer. The fridge featured LED panels for door colour changes via an app, a built-in Bluetooth speaker, and the InstaView feature for peeking inside without opening the door.

Australia Smart Refrigerator Market

Market Segmentation

Australia Smart Refrigerator Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Double Door Refrigerators
  • French Door Refrigerators
  • Side-by-side Refrigerators
  • Bottom Freezer Refrigerators
  • Single Door Refrigerators

Market Breakup by Technology

  • Bluetooth
  • Wi-Fi
  • Touchscreen
  • Cellular Technology
  • ZigBee
  • Radio Frequency Identification (RFID)

Market Breakup by End Use

  • Commercial
  • Residential

Market Breakup by Distribution Channel

  • Exclusive Stores
  • Multibrand Stores
  • Online
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

The Australia smart refrigerator market key players are Electrolux Home Products Pty. Limited, Fisher & Paykel Australia Pty Limited, Arisit Pty Limited, Samsung Electronics Australia Pty Limited, and BSH Home Appliances Pty Ltd among others.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Technology
  • End User
  • Distribution Channel
  • Region
Breakup by Type
  • Double Door Refrigerators
  • French Door Refrigerators
  • Side-by-side Refrigerators
  • Bottom Freezer Refrigerators
  • Single Door Refrigerators
Breakup by Technology
  • Bluetooth
  • Wi-Fi
  • Touchscreen
  • Cellular Technology
  • ZigBee
  • Radio Frequency Identification (RFID)
Breakup by End User
  • Commercial
  • Residential
Breakup by Distribution Channel
  • Exclusive Stores
  • Multi-Brand Stores
  • Online
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Electrolux Home Products Pty.Limited
  • Fisher & Paykel Australia Pty Limited
  • Arisit Pty Limited
  • Samsung Electronics Australia Pty Limited
  • BSH Home Appliances Pty Ltd
  • Others

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market is projected to grow at a CAGR of 8.6% between 2024 and 2032.

The smart refrigerator market is categorised according to types, which include double-door refrigerators, French-door refrigerators, side-by-side refrigerators, bottom-freezer refrigerators, and single-door refrigerators.

The key players are Electrolux Home Products Pty. Limited, Fisher & Paykel Australia Pty Limited, Arisit Pty Limited, Samsung Electronics Australia Pty Limited, and BSH Home Appliances Pty Ltd among others.

Based on the smart refrigerator, the market is divided into residential and commercial.

The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.

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30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124