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Report Overview

The Europe refrigerator market reached around USD 28.98 Billion in 2024. The market is projected to grow at a CAGR of 5.20% between 2025 and 2034 to reach nearly USD 48.11 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • Germany accounts for 20% of overall cheese production in Europe, with a per capita consumption of 24.7 kgs.

  • Industrial bakeries account for 80% of all bread production in the UK, thereby accelerating the demand for refrigerators for food preservation.

  • Bread consumption is the highest in Germany and Austria at nearly 80 kg annually.

Compound Annual Growth Rate

Value in USD Billion

5.2%

2025-2034


Europe Refrigerator Market Outlook

*this image is indicative*

Europe Refrigerator Market Report Summary Description Value
Base Year USD Billion 2024
Historical Period USD Billion 2018-2024
Forecast Period USD Billion 2025-2034
Market Size 2024 USD Billion 28.98
Market Size 2034 USD Billion 48.11
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 5.20%
CAGR 2025-2034 - Market by Region United Kingdom 5.9%
CAGR 2025-2034 - Market by Region Others XX%
CAGR 2025-2034 - Market by Type French Door Refrigerator 5.7%
CAGR 2025-2034 - Market by Application Commercial and Industrial 5.8%
Market Share by Country Germany 28.6%

Europe Refrigerator Market Growth

In 2022, Europe produced 160 million tons of milk. Nearly 70% of this was processed into butter and cheese, with total production of processed dairy food items reaching 3 million tons in 2022. Nearly 2.3 million tons of butter and 10.4 million tons of cheese were produced in Europe in 2022. The leading European countries with the highest per capita consumption of cheese are Denmark (28.1kg), Iceland (27.7 kg), Finland (27.3 kg), France (27.2 kg), and Cyprus (26.7 kg). These countries present a significant market opportunity for refrigerator manufacturers due to their high preference for processed dairy products and organic food items, which must be stored at optimum temperatures for preservation and to enjoy a long shelf life.

Personalised cooling is a popular feature of modern refrigerators, which have different compartments for cooling different food items. Magnetic cooling has emerged as a sustainable option for achieving optimum cooling within refrigerators due to their lower energy consumption requirements and minimal operating costs. Smart refrigerators have a unique setting for periodic self-cleaning, thereby enhancing the overall hygiene and safety of food consumption. The integration of IoT sensors into refrigerators enables consumers to control their home appliances remotely and ensure zero spoilage and wastage of food items.

Europe Refrigerator Industry Segmentation

Europe Refrigerator Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Top-freezer Refrigerator
  • Bottom-freezer Refrigerator
  • Side-by-side Refrigerator
  • French Door Refrigerator

Market Breakup by Technology

  • Inverter
  • Non-Inverter

Market Breakup by Application

  • Household
  • Commercial and Industrial 

Market Breakup by Distribution Channel

  • Supermarkets and Hypermarkets
  • Speciality Stores
  • Online
  • Others

Market Breakup by Country

  • Germany
  • United Kingdom
  • France
  • Italy
  • Others

CAGR 2025-2034 - Market by Type
French Door Refrigerator 5.7%
Top-freezer Refrigerator 4.7%
Bottom-freezer Refrigerator XX%
Side-by-side Refrigerator XX%
CAGR 2025-2034 - Market by Application
Commercial and Industrial 5.8%
Household XX%
CAGR 2025-2034 - Market by Country
United Kingdom 5.9%
France 5.6%
Germany XX%
Italy XX%
Others XX%

Europe Refrigerator Market Share

Based on region, the market is segmented into the United Kingdom, Germany, France, and Italy, among others. Germany is projected to dominate the market, representing 28.6% of the overall market share. Over the forecast period of 2025-2034, the United Kingdom is expected to grow at a CAGR of 5.9% due to the introduction of unique and sustainable refrigerator designs.

Market Share by Country
Germany 28.6%
United Kingdom XX%
France XX%
Italy XX%
Others XX%

Leading Companies in the Europe Refrigerator Market

The shift towards highly energy-efficient home appliances for environmental protection and energy conservation has led refrigerator manufacturers to produce unique models of refrigerators, which can cater to the requirements of both single-family and large-family households.

  • Samsung Electronics Co., Ltd.
  • LG Electronics Inc.
  • Whirlpool Corporation
  • Hisense Corporation
  • Robert Bosch GmbH
  • SMEG S.p.A.
  • Electrolux AB
  • AFE Group
  • Miele Co. Ltd.
  • Haier Inc.
  • 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 reached nearly USD 28.98 Billion in 2024.

The market is projected to grow at a CAGR of 5.20% between 2025 and 2034.

The market is assessed to witness healthy growth in the forecast period to reach around USD 48.11 Billion in 2034.

The different technologies of refrigerators in the market are inverter and non-inverter.

The different distribution channels in the market are supermarkets and hypermarkets, specialty stores, and online, among others.

The different applications of refrigerators include household, and commercial and industrial.

The different countries covered in the market report are the United Kingdom, Germany, France, and Italy, among others.

The key market players are Samsung Electronics Co., Ltd., LG Electronics Inc., Whirlpool Corporation, Hisense Corporation, Robert Bosch GmbH, SMEG S.p.A., Electrolux AB, AFE Group, Miele Co. Ltd., and Haier Inc., among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

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

  • Type
  • Technology
  • Application
  • Distribution Channel
  • Region
Breakup by Type
  • Top-freezer Refrigerator
  • Bottom-freezer Refrigerator
  • Side-by-side Refrigerator
  • French Door Refrigerator
Breakup by Technology
  • Inverter
  • Non-Inverter
Breakup by Application
  • Household
  • Commercial and Industrial
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Speciality Stores
  • Online
  • Others
Breakup by Region
  • Germany
  • United Kingdom
  • France
  • Italy
  • 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
  • Samsung Electronics Co., Ltd.
  • LG Electronics Inc.
  • Whirlpool Corporation
  • Hisense Corporation
  • Robert Bosch GmbH
  • SMEG S.p.A.
  • Electrolux AB
  • AFE Group
  • Miele Co. Ltd.
  • Haier Inc.
  • Others

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