The refrigeration appliances category faces an uncertain outlook, with an unclear inflationary picture and consumers remaining focused on price. In this context, households are expected to continue to display caution in their purchasing decisions and to forego buying big-ticket items, such as refrigeration appliances, unless out of necessity (primarily replacement sales), until they feel secure in their financial standing.
During the forecast period, consumers’ choice of refrigeration appliance is expected to be strongly influenced by design considerations. The kitchen has evolved to become the social hub of many homes in Norway, and there is a growing consumer desire for sleek, minimalist designs of refrigeration appliances that match other elements of the kitchen and offer enhanced interior design schemes.
With rising consumer environmental awareness and increases in energy prices, the forecast period is likely to see manufacturers display an ever greater focus on energy efficiency in innovation. There is a growing household desire to lower energy costs, especially given broader cost of living challenges.
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Understand the latest market trends and future growth opportunities for the Refrigeration Appliances industry in Norway with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Refrigeration Appliances industry in Norway, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Refrigeration Appliances
Refrigeration appliances considers built-in and freestanding major appliances in the following categories: fridge freezers, fridges, freezers and electric wine coolers chillers.
See all of our definitionsThis report originates from Passport, our Refrigeration Appliances research and analysis database.
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