French Door Refrigerator Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

French Door Refrigerator Market Analysis

The French Door Refrigerator Market size is estimated at USD 21.05 billion in 2024, and is expected to reach USD 27.55 billion by 2029, growing at a CAGR of 5.53% during the forecast period (2024-2029).

Over the last two years sales volume and revenue of refrigerator segments of global manufacturers have observed a continuous increase resulting in rising sales of the French Door refrigerator segment as well. Asia, Europe, and North America exist as the regions occupying more than half of the share in the global retail volume of refrigerator appliances leading to global manufacturers strengthening their supply chains in these regions to raise market sales and revenue. With the existing larger average household size in Asia, a French door refrigerator provides with wider dimension that allows users to store large amounts of food items.

The availability of French door refrigerators in varying dimensions, advanced freezing technology, and attractive designs have led to these refrigerators gaining popularity across the globe. In developed as well as developing economies, manufacturers are targeting their customers with cost-effective products integrated with the IoT (Internet of Things) technology raising the demand for French door refrigerators. Post covid, expenditure on major household appliances observed a continuous increase with rising pent-up demand and increasing household income signalling a positive market for sales of the French door refrigerator.

Post Covid with a change in consumer behaviour, retailers and wholesalers are collaborating with online E-commerce platforms to increase the sales of their French door refrigerators and manufacturers such as Samsung, Panasonic, Hisense, LG, and others are offering their refrigerator products through direct websites channels resulting in consumers choosing among a large segment of french door refrigerator at a given point of time. In addition, rising online revenue share of the global refrigerator market by more than 22% is expected to drive the sales of French door refrigerators over the coming period.

French Door Refrigerator Market Trends

Rising Sales In Asia

French Door Refrigerator Industry Segmentation

A French door refrigerator is a type of fridge with a refrigerator space on the top having two doors and a freezer drawer below it. The fridge comes with a wide shelf and flexible storage option allowing users to easily place the items. With increased energy efficiency, they are equipped with smart features making them more user-friendly. The French door refrigerator market is segmented by door type, capacity, end-user, distribution channel, and geography. By door type, the market is segmented into French 3-door, french 4-door, quad door. By capacity, the market is segmented into super 30–31 cubic feet, ultra-large 25–29 cubic feet, large 20–24 cubic feet, and under 19 cubic feet. By end user, the market is segmented into residential, and commercial. By distribution channel, the market is segmented into multi-branded stores, specialty stores/exclusive stores, online stores, and other distribution channels. By Geography the market is segmented into North America, Europe, Asia Pacific, South America, Middle East and Africa, Rest of the World. The report offers market sizes and forecasts for the French door refrigerator market in value (USD) for all the above segments.