China Refrigeration Appliances Market 2022-2028: Featuring Haier Group, Midea Group, Hisense, Hefei Meiling & Xingxing

DUBLIN, April 7, 2023 /PRNewswire/ — The “China Refrigeration Appliances Market 2022-2028” report has been added to  ResearchAndMarkets.com’s offering.

The refrigeration appliances market in China is anticipated to grow at a CAGR of 5.87% (by revenue) over the forecast period 2022-2028. Also, the market (in terms of category) is anticipated to develop at a CAGR of 1.90% (by volume), during this period.

The COVID-19 sparked the introduction of new products with more advanced fresh-keeping technologies, in order to keep up with the varied food preservation demand from consumers. Midea’s compartment utilizing magnetism to extend fruits’ shelf life and Hisense’s vacuum compartment for frozen food are key examples of such products.

This is expected to positively influence the growth of the refrigeration appliances market in China over the forecast period. On the other hand, the premiumization trend in technology, storage, and aesthetics, coupled with the “smartization” trend post 2021, drove up the per unit price of refrigeration equipment. This, in turn, is likely to hamper the market’s growth prospects in the country over the considered period

Key Topics Covered:

1. China Refrigeration Appliances Market – Summary
1.1. Market Definition
1.2. Market Size & Forecasts
1.3. Market Driving Aspects
1.4. Market Restraining Aspects
1.5. Key Players

2. China Refrigeration Appliances Market Outlook
2.1. Impact of Covid-19 on the China Refrigeration Appliances Market
2.2. Market Share Analysis
2.3. Brand Share Analysis
2.4. PESTLE Analysis
2.5. Key Buying Criteria
2.6. Value Chain Analysis

3. China Refrigeration Appliances Market – by Category (Value in $ Million & Volume in Thousand Units)
3.1. Built-In Refrigeration Appliances
3.2. Electric Wine Coolers/Chillers
3.3. Freezers
3.4. Fridge Freezers
3.5. Fridges

4. China Refrigeration Appliances Market – by Distribution Channel (Value in $ Million)
4.1. Hypermarkets
4.2. Electronics and Appliance Specialist Retailers
4.3. E-Commerce
4.4. Other Distribution Channels

5. Competitive Landscape

6. Methodology & Scope
6.1. Research Scope & Deliverables
6.2. Sources of Data
6.3. Research Methodology

A selection of companies mentioned in this report includes

• Haier Group Corporation
• Midea Group
• Hisense
• Hefei Meiling
• Xingxing Group

For more information about this report visit https://www.researchandmarkets.com/r/o47m3w

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SOURCE Research and Markets