Saudi Arabia Refrigerator Market (2016-2022) | Analysis, Growth, Share, Revenue, Forecast, Trends, Companies, Value, Outlook, Industry & Size

Market Forecast By Refrigerator Types (Single Door Refrigerator, Double Door Refrigerator, Side By Side Refrigerator and French Door Refrigerator), Capacities (Below 300 Liter, 301-500 Liter and 501 Liter & Above), Applications (Residential and Commercial) and Regions (Southern, Eastern, Western and Central)

Product Code: ETC000314 Publication Date: Jul 2016 Updated Date: Feb 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 109 No. of Figures: 35 No. of Tables: 7

Saudi Arabia Refrigerator Market Competition 2023


Saudi Arabia Export Potential Assessment For Refrigerator Market (USD Values in Thousand)


In Saudi Arabia's consumer durables market, refrigerator is the key revenue generating segment- driven by factors such as growing number of households, increasing number expatriates in the country, surging disposal income and declining prices. Further, rising number of tourists in Saudi Arabia is spurring the construction of new hotels, which are also one of the key consumers of refrigerators in the country. 

According to 6Wresearch, Saudi Arabia's refrigerator market is projected to grow at a CAGR of 7.56% during 2016-22. In Saudi Arabia, the market for double door refrigerators has captured majority of the share in 2015 and would lead through the forecast period. Moreover, share of single door refrigerator is expected to decline over the next six years. 

The residential application has accounted for the largest share in the overall refrigerator market. In the coming years, the demand for energy efficient refrigerator is exhibited to increase owing to rising electricity consumption.

The report thoroughly covers refrigerator market by types, capacities, applications and regions. The report provides the unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers, which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report
• Historical & Forecast data of Saudi Arabia Consumer Durable Market Revenues for the Period 2010-2022F.
• Historical & Forecast data of Saudi Arabia Refrigerator Market Revenues & Volume for the Period 2010-2022F.
• Historical & Forecast data of Saudi Arabia Single Door Refrigerator Market Revenue & Volume for the 
  Period 2010-2022F.
• Historical & Forecast data of Saudi Arabia Double Door Refrigerator Market Revenue & Volume for the 
  Period 2010-2022F.
• Historical & Forecast data of Saudi Arabia Side by Side Refrigerator Market Revenue & Volume for the 
  Period 2010-2022F.
• Historical & Forecast data of Saudi Arabia French Door Refrigerator Market Revenue & Volume for the 
  Period 2010-2022F.
• Historical & Forecast data of Saudi Arabia Refrigerator Market Revenues, By Capacity for the period 2010-2022F.
• Historical & Forecast data of Saudi Arabia Refrigerator Application Market Revenue for the Period 2010- 2022F.
• Historical & Forecast data of Saudi Arabia Refrigerator Regional Market Revenue for the Period 2010- 2022F.
• Saudi Arabia Refrigerator Market Dynamics.
• Saudi Arabia Refrigerator Market Trends.
• Saudi Arabia Refrigerator Companies Market Share 
• Competitive Landscape.
Market Covered
The report provides the detailed analysis of the following market segments:
• Saudi Arabia Refrigerator Market, By Types:
    o Single Door Refrigerator 
    o Double Door Refrigerator
    o Side By Side Refrigerator
    o French Door Refrigerator
• By Capacities:
    o Below 300 Liter
    o 301-500 Liter
    o 501 Liter and Above
• By Applications:
    o Residential
    o Commercial
• By Regions:
    o Eastern 
    o Western
    o Southern 
    o Central

Frequently Asked Questions About the Market Study (FAQs):
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TABLE OF CONTENTS
1 Executive Summary
2 Introduction
    2.1 Key Highlights
    2.2 Report Description
    2.3 Market Scope & Segmentation
    2.3 Research Methodology
    2.4 Assumptions
3 Saudi Arabia Consumer Durable Market Overview
4 Saudi Arabia Refrigerator Market Overview
    4.1 Saudi Arabia Refrigerator Market Revenues
    4.2 Saudi Arabia Refrigerator Market Volumes
    4.3 Industry Life Cycle
    4.4 Porter Five Forces Model
    4.5 Market-Value Chain Analysis
    4.6 Saudi Arabia Refrigerator Market Revenue, By Type
    4.7 Saudi Arabia Refrigerator Market Revenue, By Capacity
    4.8 Saudi Arabia Refrigerator Market Revenue, By Region
5 Policy & Regulatory Landscape
6 Pricing Analysis
7 Saudi Arabia Single Door Refrigerator Market Overview
    7.1 Single Door Refrigerator Market Revenues
    7.2 Single Door Refrigerator Market Volumes
8 Saudi ArabiaDouble Door Refrigerator Market Overview
    8.1 Double Door Refrigerator Market Revenues
    8.2 Double Door Refrigerator Market Volumes
9 Saudi Arabia Side By Side Refrigerator Market Overview
    9.1 Side By Side Refrigerator Market Revenues
    9.2 Side By Side Refrigerator Market Volumes
10 Saudi Arabia French Door Refrigerator Market Overview
    10.1 French Door Refrigerator Market Revenues
    10.2 French Door Refrigerator Market Volumes
11 Saudi Arabia Refrigerator Market Dynamics
    11.1 Market Dynamics
          11.1.1 Flourishing Urbanization
          11.1.2 Expanding Food Retail Market
    11.2 Market Challenges
          11.2.1 Effect of Declining Oil Prices
          11.2.2 Use of Energy Efficient Products
12 Recent Trends & Development
    12.1 Invertor Technology in Refrigerators
    12.2 Growth of E-commerce
    12.3 Marketing and Distribution Activities
    12.4 Innovation in Refrigerators
13 Import Statistics
14 Saudi Arabia Regional Analysis
    14.1 Southern Region Refrigerator Market Outlook
    14.2 Eastern Region Refrigerator Market Outlook
    14.3 Western Region Refrigerator Market Outlook
    14.4 Central Region Refrigerator Market Outlook
15 Saudi Arabia Refrigerator Market - End User Analysis
    15.1 Saudi Arabia Commercial Sector Refrigerator Market
    15.2 Saudi Arabia Residential Sector Refrigerator Market
16 Competitive Landscape
    16.1 Competitive Benchmarking, By Product, By Operation
    16.2 Company Profiles
          16.2.1 LG Electronics Saudi Arabia Ltd.
          16.2.2 Samsung Gulf Electronics Company Ltd.
          16.2.3 Hitachi Saudi Arabia Ltd.
          16.2.4 Haier KSA
          16.2.5 Whirlpool MEEA JLT
          16.2.6 Gibson International Company
          16.2.7 Toshiba Gulf FZE
          16.2.8 Hisense International Co. Ltd.
          16.2.9 TCL Household Appliances Co. Ltd.
17 Strategic Recommendations
18 Disclaimer

List of Figures
Figure 1 Saudi Arabia Consumer Durable Market Revenues, 2010-2022 ($ Billion)
Figure 2 Saudi Arabia Refrigerator Market Revenues, 2010-2022 ($ Million)
Figure 3 Saudi Arabia Riyadh Hotel Supply Cumulative, 2012-2017, (Units)
Figure 4 Saudi Arabia Jeddah Hotel Supply Cumulative, 2012-2017, (Units)
Figure 5 Saudi Arabia Refrigerator Market Volumes, 2010-2022 (Thousand Units)
Figure 6 Saudi Arabia Riyadh Residential Supply Cumulative, 2012-2017, (Thousand Units)
Figure 7 Saudi Arabia Jeddah Residential Supply Cumulative, 2012-2017, (Thousand Units)
Figure 8 Saudi Arabia Refrigerator Market - Industry Life Cycle (2015)
Figure 9 Saudi Arabia Refrigerator Market Revenue Share, By Type (2015)
Figure 10 Saudi Arabia Refrigerator Market Revenue Share, By Type (2022F)
Figure 11 Saudi Arabia Refrigerator Market Revenue Share, By Capacity (2015)
Figure 12 Saudi Arabia Refrigerator Market Revenue Share, By Capacity (2022F)
Figure 13 Saudi Arabia Refrigerator Market Revenue Share, By Region, 2015 & 2022F
Figure 14 Saudi Arabia Single Door Refrigerator Market Revenues, 2010-2022 ($ Million)
Figure 15 Saudi Arabia Single Door Refrigerator Market Volumes, 2010-2022 (Thousand Units)
Figure 16 Saudi Arabia Double Door Refrigerator Market Revenues, 2010-2022 ($ Million)
Figure 17 Saudi Arabia Double Door Refrigerator Market Volumes, 2010-2022 (Thousand Units)
Figure 18 Saudi Arabia Side By Side Refrigerator Market Revenues, 2010-2022 ($ Million)
Figure 19 Saudi Arabia Side By Side Refrigerator Market Volumes, 2010-2022 (Thousand Units)
Figure 20 Saudi Arabia French Door Refrigerator Market Revenues, 2010-2022 ($ Million)
Figure 21 Saudi Arabia French Door Refrigerator Market Volumes, 2010-2022 (Thousand Units)
Figure 22 Saudi Arabia Beverages and Ready to Eat Meal Market Sales Pattern, (2010-2015)
Figure 23 Saudi Arabia Retail Value Sales of Packaged Food Requiring Refrigeration, 2010-2015 ($ Million)
Figure 24 Saudi Arabia E-commerce Market Revenue, 2015-2016 ($ Million)
Figure 25 Saudi Arabia Market Spending's on Advertisements, 2010-2015 ($ Million)
Figure 26 Saudi Arabia Southern Region Refrigerator Market Revenues, 2010-2015 ($ Million)
Figure 27 Saudi Arabia Southern Refrigerator Market Revenues, 2016-2022 ($ Million)
Figure 28 Saudi Arabia Eastern Region Refrigerator Market Revenues, 2010-2015 ($ Million)
Figure 29 Saudi Arabia Eastern Region Refrigerator Market Revenues, 2016-2022 ($ Million)
Figure 30 Saudi Arabia Western Region Refrigerator Market Revenues, 2010-2015 ($ Million)
Figure 31 Saudi Arabia Western Region Refrigerator Market Revenues, 2016-2022 ($ Million)
Figure 32 Saudi Arabia Central Region Refrigerator Market Revenues, 2010-2015 ($ Million)
Figure 33 Saudi Arabia Central Region Refrigerator Market Revenues, 2016-2022 ($ Million)
Figure 34 Saudi Arabia Refrigerator Market Revenues, By Commercial Sector, 2010-2022 ($ Million)
Figure 35 Saudi Arabia Refrigerator Market Revenues, By Refrigerator Sector, 2010-2022 ($ Million)

List of Tables
Table 1 Saudi Arabia Energy Consumption Limits for Refrigerators (2015)
Table 2 Saudi Arabia Annual Energy Consumption, By Star Rating (2015)
Table 3 Saudi Arabia Refrigerator Market, Average Price Range, (2016)
Table 4 Major Hypermarkets and Supermarkets in Saudi Arabia, (2015)
Table 5 Saudi Arabia Import Data for Refrigerator & Freezers, $ Thousand (2015)
Table 6 Saudi Arabia Refrigerators Company Benchmarking, By Product (2016)
Table 7 Saudi Arabia Refrigerators Company Benchmarking, By Operation (2016)

Saudi Arabia refrigerator market is forecast to grow at a CAGR of 7.56% during 2016-22. The market for refrigerators is further growing on account of residential developments along with commercial establishments. Increasing number of households and increasing disposable income are two major factors driving the demand for refrigerator in Saudi Arabia. The government continues to exert efforts towards reducing energy consumption by imposing energy efficient norms, which has resulted into increased volume sales for refrigerators with five star ratings.

Saudi Arabia Refrigerator market report has been segmented into various types, capacity wise, applications and regions wise. The major companies in Saudi Arabia refrigerator market includes- LG, Samsung, Haier, and Hitachi.

Saudi Arabia Refrigerator market report has been segmented into various types, capacity wise, applications and regions wise. The major companies in Saudi Arabia refrigerator market includes- LG, Samsung, Haier, and Hitachi.

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