| Product Code: ETC5079007 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Belgium continued to see significant imports of refrigerators, with top exporting countries being Netherlands, Germany, Metropolitan France, China, and Bulgaria. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). However, the compound annual growth rate (CAGR) from 2020 to 2024 was slightly negative at -0.3%, with a further decline in growth rate from 2023 to 2024 at -5.79%. This suggests a challenging environment for refrigerator imports in Belgium, possibly influenced by various factors such as market saturation or shifting consumer preferences.

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 Belgium Refrigerators Market Overview |
3.1 Belgium Country Macro Economic Indicators |
3.2 Belgium Refrigerators Market Revenues & Volume, 2021 & 2031F |
3.3 Belgium Refrigerators Market - Industry Life Cycle |
3.4 Belgium Refrigerators Market - Porter's Five Forces |
3.5 Belgium Refrigerators Market Revenues & Volume Share, By Freezer Location, 2021 & 2031F |
3.6 Belgium Refrigerators Market Revenues & Volume Share, By Door Type, 2021 & 2031F |
3.7 Belgium Refrigerators Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Belgium Refrigerators Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient appliances |
4.2.2 Growing awareness about food preservation and storage |
4.2.3 Technological advancements in refrigeration technology |
4.3 Market Restraints |
4.3.1 High initial cost of purchasing refrigerators |
4.3.2 Fluctuating raw material prices affecting manufacturing costs |
5 Belgium Refrigerators Market Trends |
6 Belgium Refrigerators Market Segmentations |
6.1 Belgium Refrigerators Market, By Freezer Location |
6.1.1 Overview and Analysis |
6.1.2 Belgium Refrigerators Market Revenues & Volume, By Freezer-on-top refrigerators, 2021-2031F |
6.1.3 Belgium Refrigerators Market Revenues & Volume, By Freezer-on-bottom refrigerators, 2021-2031F |
6.1.4 Belgium Refrigerators Market Revenues & Volume, By Freezer-less and others, 2021-2031F |
6.2 Belgium Refrigerators Market, By Door Type |
6.2.1 Overview and Analysis |
6.2.2 Belgium Refrigerators Market Revenues & Volume, By Single-door refrigerator, 2021-2031F |
6.2.3 Belgium Refrigerators Market Revenues & Volume, By Double-door refrigerator, 2021-2031F |
6.2.4 Belgium Refrigerators Market Revenues & Volume, By French door refrigerator, 2021-2031F |
6.2.5 Belgium Refrigerators Market Revenues & Volume, By Others, 2021-2031F |
6.3 Belgium Refrigerators Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Belgium Refrigerators Market Revenues & Volume, By Specialty retailers, 2021-2031F |
6.3.3 Belgium Refrigerators Market Revenues & Volume, By Department stores, 2021-2031F |
6.3.4 Belgium Refrigerators Market Revenues & Volume, By Mass retailers/hypermarkets/supermarkets, 2021-2031F |
6.3.5 Belgium Refrigerators Market Revenues & Volume, By Discount stores, 2021-2031F |
6.3.6 Belgium Refrigerators Market Revenues & Volume, By Online, 2021-2031F |
7 Belgium Refrigerators Market Import-Export Trade Statistics |
7.1 Belgium Refrigerators Market Export to Major Countries |
7.2 Belgium Refrigerators Market Imports from Major Countries |
8 Belgium Refrigerators Market Key Performance Indicators |
8.1 Average energy efficiency rating of refrigerators sold in Belgium |
8.2 Adoption rate of smart refrigerators in the market |
8.3 Percentage of households owning more than one refrigerator |
9 Belgium Refrigerators Market - Opportunity Assessment |
9.1 Belgium Refrigerators Market Opportunity Assessment, By Freezer Location, 2021 & 2031F |
9.2 Belgium Refrigerators Market Opportunity Assessment, By Door Type, 2021 & 2031F |
9.3 Belgium Refrigerators Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Belgium Refrigerators Market - Competitive Landscape |
10.1 Belgium Refrigerators Market Revenue Share, By Companies, 2024 |
10.2 Belgium Refrigerators Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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