France Household Side-by-Side Refrigerator Market Size
| 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 |
Need a report that reflects how COVID-19 has impacted this market and its growth?
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 Market Trends
E- Commerce has Positive Impact on the Market
France is a major player in the European e-commerce market, ranking third behind Germany and the UK. In 2023, it was estimated that there were more than 51 million active e-commerce sites in the country. Over the past decade, France's e-commerce market has almost doubled in size, demonstrating both the scale and profitability of its growing business in the digital space. By 2024, user penetration on France's e-commerce platform is projected to reach 77.8%. Furthermore, the e-commerce sector is projected to experience a surge in popularity in the near future due to the widespread use of the Internet and mobile devices, technological progress, alterations in shopping habits caused by digitalization, the availability of a broad selection of products, and the variety of discounts and offers available on online shopping platforms. Additionally, the refrigerator market has been driven by improvements in after-sale services, with manufacturers collaborating with multiple companies to guarantee timely delivery and installation of the product after it has been sold online.
Growing Urbanization and Disposable Income are Driving the Market
Employment in France is projected to grow between 2023 to 2024. The number of people employed is estimated to be 28.34 million in 2024. The number of people employed has been increasing steadily in recent years.The market is projected to experience the growth in the coming years, as the majority of the urban population opts for smart kitchen appliances. Technological progress has made kitchen appliances more energy efficient, thus increasing the demand for them. Urbanization has also resulted in an increase in disposable income, which has further increased the demand for premium and luxury apartments. The changing lifestyles of the population due to increased disposable income are further contributing to the growth of the market. Product innovation and urbanization are two of the main factors that are expected to contribute to the expansion of the market. As the working population increases in urban societies, the demand for high-end kitchen appliances is expected to increase.
France Household Side-by-Side Refrigerator Industry Overview
France's household side by side refrigerator market is fragmented in nature as a large number of manufacturers are operating in this industry. Some prominent players are Bosch Group, Electrolux AB, Samsung Electronics Co. Ltd., Whirlpool Corp., LG, General Electric Co., and Haier Group Corp., among others. The key manufacturers have been adopting mergers and acquisitions and new product development strategies to strengthen their presence and distribution channels and, thereby, gain a higher market share.
France Household Side-by-Side Refrigerator Market Leaders
-
Bosch Group
-
Electrolux AB
-
LG
-
Whirlpool
-
Samsung
*Disclaimer: Major Players sorted in no particular order
France Household Side-by-Side Refrigerator Market News
- August 2023: LG Electronics Inc. announced it is targeting the European market by releasing home appliances that exceed the highest grades of energy efficiency. The company rolled out new high-efficiency home appliances such as washers, dryers, refrigerators, and dishwashers at this year's IFA.
- January 2023: Samsung Electronics announced the global launch of the Bespoke Infinite Line Refrigerator in select markets around the world. Having originally launched in Europe, the Bespoke Infinite Line Refrigerator will expand to countries including Mexico, Thailand, and Australia by the end of the year.
France Household Side By Side RefrigeratorMarket Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
- 4.1 Market Overview
-
4.2 Market Drivers
- 4.2.1 Growing Consumption of Frozen Food Products
-
4.3 Market Restraints
- 4.3.1 Rising Awareness About Environmental Protection to Hinder the Market Growth
-
4.4 Market Opportunities
- 4.4.1 Eco-Friendly and Energy Efficiency Refrigerators
- 4.4.2 Introduction of New Products by Companies with Smart Technology
- 4.5 Industry Value Chain Analysis
-
4.6 Industry Attractiveness - Porter's Five Forces Analysis
- 4.6.1 Bargaining Power of Suppliers
- 4.6.2 Bargaining Power of Buyers/Consumers
- 4.6.3 Threat of New Entrants
- 4.6.4 Threat of Substitutes
- 4.6.5 Intensity of Competitive Rivalry
- 4.7 Insights on Impact of Technology in the Market
- 4.8 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
-
5.1 By Application
- 5.1.1 Under 15 cu.ft.
- 5.1.2 15-20 cu.ft.
- 5.1.3 20-25 cu.ft.
- 5.1.4 Above 25 cu.ft.
-
5.2 By Distribution
- 5.2.1 Supermarkets/ Hypermarkets
- 5.2.2 Specialty Stores
- 5.2.3 Online Stores
- 5.2.4 Other Distribution Channels
6. COMPETITIVE LANDSCAPE
- 6.1 Market Concentration Overview
-
6.2 Company Profiles
- 6.2.1 Bosch Group
- 6.2.2 Electrolux AB
- 6.2.3 LG
- 6.2.4 Whirlpool
- 6.2.5 Samsung
- 6.2.6 General Electric Co.
- 6.2.7 Haier Group
- 6.2.8 Liebherr-Hausger te Ochsenhausen GmbH
- 6.2.9 Midea
- 6.2.10 Miele
- 6.2.11 Brandt*
- *List Not Exhaustive
7. FUTURE OF THE MARKET
8. DISCLAIMER AND ABOUT US
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 RefrigeratorMarket Research 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.
What years does this France Household Side By Side Refrigerator Market cover?
The report covers the France Household Side By Side Refrigerator Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the France Household Side By Side Refrigerator Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
France Household Side By Side RefrigeratorIndustry Report
Statistics for the 2024 France Household Side By Side Refrigerator market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. France Household Side By Side Refrigerator analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
