The Household Refrigerator and Freezer Manufacturing industry accounts for about 16.0% of the total Household Electrical Appliance Manufacturing subsector in China. This share increased steadily in the years leading up to 2000, but it has remained relatively stable since. Demand for industry products increased steadily in 2010 and 2011. However, growth began to slow in 2012, mainly due to the economic downturn in China.
Over the past five years, industry revenue is expected to grow at an annualized rate of 10.0% to $62.1 billion. In 2014, sales for several product segments fell due to the exit of energy-saving subsidy policy and weak domestic demand.
This industry includes companies that manufacture household refrigerators, freezers and deep-freezers.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.