Demand for refrigeration appliances is expected to increase during the five years to 2028, with the rate of retail volume growth accelerating as the forecast period progresses. Besides the projected expansion of the population, growth be driven by an increase in property ownership as well as replacement sales.
During the forecast period, manufacturers of refrigeration appliances are expected to continue to innovate and offer the latest advancements in food storage technology to attract new consumers. Energy-efficiency, in particular, is expected to become a more important factor in purchasing decisions, as Indonesians seek to reduce their utility bills.
Freestanding freezers will remain by far the most significant category, as well as being the key driver of retail volume growth the forecast period. However, while the review period saw a greater number of people investing in models offering larger storage capacity, due to the growing popularity of home cooking and bulk buying during the pandemic, compact and space-saving refrigeration appliances may become increasingly popular, moving forward.
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Understand the latest market trends and future growth opportunities for the Refrigeration Appliances industry in Indonesia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Refrigeration Appliances industry in Indonesia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Refrigeration Appliances
Refrigeration appliances considers built-in and freestanding major appliances in the following categories: fridge freezers, fridges, freezers and electric wine coolers chillers.
See All of Our DefinitionsThis report originates from Passport, our Refrigeration Appliances research and analysis database.
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