Market Size of France Household Side By Side Refrigerator Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR (2024 - 2029) | 1.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
France Household Side-by-Side Refrigerator Market Analysis
The France Household Side By Side Refrigerator Market is expected to register a CAGR of 1% during the forecast period(2024-2029).
Side by side refrigerators are a popular choice for many households. Many people say that side by side refrigerator works better than other refrigerators. Side by side refrigerator is efficient, practical, and flexible for all types of households and their various needs. Side by side fridge is perfect for kitchens where space is limited as the doors need less space to be opened. It is a great option for households that have a full-size fridge but a slightly small kitchen space.
E-commerce is becoming the fastest-growing retail volume share in the market of refrigeration appliances. It is easy and convenient for consumers to choose a model online or through a showroom and then purchase it via e-commerce, especially for freestanding refrigerators. Consumers' high disposable income, penetration of smartphones, and availability of high-speed Internet will also contribute to the growth of the advanced featured refrigerator market in the region. During the review period, sales of household refrigerators via specialist distribution formats like electronics and appliance retailers and home and garden retailers tended to decrease. The market growth of refrigeration appliances is driven by the increasing preference of consumers for smart appliances, including fridges, in the home. The high disposable income of consumers, the prevalence of smartphones, and the availability of high-speed Internet will also drive the growth of refrigerators in the region.
France Household Side-by-Side Refrigerator Industry Segmentation
Side-by-side refrigerators feature two separate compartments, each with its own door. One side is the freezer compartment, while the other is the fresh food compartment. This report covers the complete background analysis of the French household side-by-side refrigerator Market, which includes an assessment of the economy, a market overview, market size estimation for key segments, emerging trends in the market, market dynamics, and key company profiles. France's household side by side refrigerator market is segmented on the basis of type (under 15 cu.ft., 15-20 cu.ft., 20-25 cu.ft., and above 25 cu.ft.) by distribution channel (hypermarkets/supermarkets, specialty stores, online, and offline). The market size and forecasts are provided in terms of value (USD) for all the above segments.
By Application | |
Under 15 cu.ft. | |
15-20 cu.ft. | |
20-25 cu.ft. | |
Above 25 cu.ft. |
By Distribution | |
Supermarkets/ Hypermarkets | |
Specialty Stores | |
Online Stores | |
Other Distribution Channels |
France Household Side By Side Refrigerator Market Size Summary
The France household side-by-side refrigerator market is characterized by its practicality and efficiency, making it a preferred choice for many households, especially those with limited kitchen space. These refrigerators are designed to meet the diverse needs of modern households, offering flexibility and convenience. The market is witnessing a shift towards e-commerce, which is becoming the fastest-growing retail channel for refrigeration appliances. This trend is fueled by consumers' increasing disposable income, widespread smartphone penetration, and high-speed internet availability, which facilitate easy online shopping experiences. The demand for smart appliances is on the rise, driven by technological advancements and changing consumer preferences, further propelling market growth.
The French e-commerce sector plays a significant role in the refrigerator market, with the country being a major player in Europe. The expansion of e-commerce is supported by technological progress, changes in shopping habits, and the availability of a wide range of products and discounts. The market is also influenced by urbanization and increased disposable income, leading to a preference for premium and luxury kitchen appliances. The fragmented nature of the market sees numerous manufacturers, including Bosch Group, Electrolux AB, Samsung Electronics Co. Ltd., Whirlpool Corp., LG, General Electric Co., and Haier Group Corp., competing for market share. These companies are focusing on mergers, acquisitions, and product innovation to enhance their presence and distribution channels in the region.
France Household Side By Side Refrigerator Market Size - Table of Contents
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1. MARKET DYNAMICS AND INSIGHTS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Growing Consumption of Frozen Food Products
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1.3 Market Restraints
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1.3.1 Rising Awareness About Environmental Protection to Hinder the Market Growth
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1.4 Market Opportunities
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1.4.1 Eco-Friendly and Energy Efficiency Refrigerators
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1.4.2 Introduction of New Products by Companies with Smart Technology
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1.5 Industry Value Chain Analysis
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1.6 Industry Attractiveness - Porter's Five Forces Analysis
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1.6.1 Bargaining Power of Suppliers
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1.6.2 Bargaining Power of Buyers/Consumers
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1.6.3 Threat of New Entrants
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1.6.4 Threat of Substitutes
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1.6.5 Intensity of Competitive Rivalry
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1.7 Insights on Impact of Technology in the Market
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1.8 Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Application
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2.1.1 Under 15 cu.ft.
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2.1.2 15-20 cu.ft.
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2.1.3 20-25 cu.ft.
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2.1.4 Above 25 cu.ft.
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2.2 By Distribution
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2.2.1 Supermarkets/ Hypermarkets
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2.2.2 Specialty Stores
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2.2.3 Online Stores
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2.2.4 Other Distribution Channels
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France Household Side By Side Refrigerator Market Size FAQs
What is the current France Household Side By Side Refrigerator Market size?
The France Household Side By Side Refrigerator Market is projected to register a CAGR of 1% during the forecast period (2024-2029)
Who are the key players in France Household Side By Side Refrigerator Market?
Bosch Group, Electrolux AB, LG, Whirlpool and Samsung are the major companies operating in the France Household Side By Side Refrigerator Market.