Product Code: ETC013310 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The refrigerators and freezers market in Vietnam has been witnessing steady growth, driven by factors such as increasing urbanization, rising disposable incomes, changing lifestyle patterns, and the need for food preservation and storage solutions.
The ongoing urbanization in Vietnam has led to the construction of modern apartments and houses, creating a higher demand for refrigerators and freezers for household use. As disposable incomes rise, consumers in Vietnam have been able to afford household appliances, including refrigerators and freezers, to improve their living standards. Changes in lifestyle, such as an increase in the consumption of perishable and frozen food items, have driven the demand for refrigerators and freezers. The availability of energy-efficient refrigerator and freezer models has encouraged consumers to adopt more eco-friendly options.
Price sensitivity among consumers can be a challenge for manufacturers and sellers of refrigerators and freezers, as customers may opt for more affordable options. Some regions in Vietnam may face challenges with access to reliable electricity supply, which can impact the usage of refrigerators and freezers. Local brands and lower-priced alternatives may compete with well-established international brands in the market.
The Vietnam refrigerators and freezers market includes both domestic and international players. Key players in this market may include manufacturers and suppliers of various types of refrigerators and freezers, such as Haier Group Corporation, LG Electronics Inc., Samsung Electronics Co. Ltd., Electrolux AB, Panasonic Corporation, and Midea Group Co., Ltd., among others.
The COVID-19 pandemic had mixed impacts on the Vietnam refrigerators and freezers market. On one hand, with people spending more time at home during lockdowns and restrictions, there might have been an increased demand for household appliances, including refrigerators and freezers. On the other hand, disruptions in supply chains and manufacturing facilities due to the pandemic could have impacted the availability and distribution of refrigerators and freezers, leading to potential supply shortages and increased product prices. Additionally, economic uncertainties and changes in consumer spending patterns during the pandemic might have influenced the purchasing decisions of consumers, affecting the sales of non-essential items like refrigerators and freezers.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Refrigerators & Freezers Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Refrigerators & Freezers Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Refrigerators & Freezers Market - Industry Life Cycle |
3.4 Vietnam Refrigerators & Freezers Market - Porter's Five Forces |
3.5 Vietnam Refrigerators & Freezers Market Revenues & Volume Share, By Types, 2021 & 2031F |
3.6 Vietnam Refrigerators & Freezers Market Revenues & Volume Share, By Capacity, 2021 & 2031F |
3.7 Vietnam Refrigerators & Freezers Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.8 Vietnam Refrigerators & Freezers Market Revenues & Volume Share, By Door Type, 2021 & 2031F |
4 Vietnam Refrigerators & Freezers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Refrigerators & Freezers Market Trends |
6 Vietnam Refrigerators & Freezers Market, By Types |
6.1 Vietnam Refrigerators & Freezers Market, By Types |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Refrigerators & Freezers Market Revenues & Volume, By Types, 2021-2031F |
6.1.3 Vietnam Refrigerators & Freezers Market Revenues & Volume, By Chest Freezers, 2021-2031F |
6.1.4 Vietnam Refrigerators & Freezers Market Revenues & Volume, By Upright Freezers, 2021-2031F |
6.2 Vietnam Refrigerators & Freezers Market, By Capacity |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Refrigerators & Freezers Market Revenues & Volume, By 200L & Below (Less than 50L, 50L-100L and 100L-200L), 2021-2031F |
6.2.3 Vietnam Refrigerators & Freezers Market Revenues & Volume, By 200L-300L, 2021-2031F |
6.2.4 Vietnam Refrigerators & Freezers Market Revenues & Volume, By 300L-500L, 2021-2031F |
6.2.5 Vietnam Refrigerators & Freezers Market Revenues & Volume, By 500L & Above, 2021-2031F |
6.3 Vietnam Refrigerators & Freezers Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Refrigerators & Freezers Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Vietnam Refrigerators & Freezers Market Revenues & Volume, By Commercial, 2021-2031F |
6.3.4 Vietnam Refrigerators & Freezers Market Revenues & Volume, By Industrial, 2021-2031F |
6.4 Vietnam Refrigerators & Freezers Market, By Door Type |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Refrigerators & Freezers Market Revenues & Volume, By 1 Door, 2021-2031F |
6.4.3 Vietnam Refrigerators & Freezers Market Revenues & Volume, By 2 Doors, 2021-2031F |
6.4.4 Vietnam Refrigerators & Freezers Market Revenues & Volume, By 3 Doors, 2021-2031F |
6.4.5 Vietnam Refrigerators & Freezers Market Revenues & Volume, By 4 Doors, 2021-2031F |
7 Vietnam Refrigerators & Freezers Market Import-Export Trade Statistics |
7.1 Vietnam Refrigerators & Freezers Market Export to Major Countries |
7.2 Vietnam Refrigerators & Freezers Market Imports from Major Countries |
8 Vietnam Refrigerators & Freezers Market Key Performance Indicators |
9 Vietnam Refrigerators & Freezers Market - Opportunity Assessment |
9.1 Vietnam Refrigerators & Freezers Market Opportunity Assessment, By Types, 2021 & 2031F |
9.2 Vietnam Refrigerators & Freezers Market Opportunity Assessment, By Capacity, 2021 & 2031F |
9.3 Vietnam Refrigerators & Freezers Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.4 Vietnam Refrigerators & Freezers Market Opportunity Assessment, By Door Type, 2021 & 2031F |
10 Vietnam Refrigerators & Freezers Market - Competitive Landscape |
10.1 Vietnam Refrigerators & Freezers Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Refrigerators & Freezers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |