Ongoing economic and infrastructure developments in the Kingdom with continue to boost sales over the forecast period, due to the growing numbers of households expected. While the oil and gas (energy) industry remains a key area of revenue in Saudi Arabia, ongoing government initiatives, such as Saudi Vision 2030, are set to continue to diversify income streams and sources.
Stable demand is expected to continue over the forecast period, thanks to the hot climate in the Kingdom and the ongoing economic and urban living developments. Also, as brands and players launch new models and compete with technological advancements, this will continue to bring down average unit prices while also stimulating competition in innovation at the same time.
The ongoing rise of smart appliances will further boost growth over the forecast period, in line with the ongoing rise of smart-enabled homes, as promoted by the government in line with Vision 2030, along with the numerous urban development projects. Specifically, the Kingdom’s modern housing projects will include cutting-edge smart technology throughout, including smart kitchen appliances.
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Understand the latest market trends and future growth opportunities for the Refrigeration Appliances industry in Saudi Arabia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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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