The trajectory of innovation within refrigeration appliances has the potential for transformative advances that will reshape consumers’ interaction with and utilisation of these essential household devices. Manufacturers continue to evolve and improve upon current innovative offerings, including a higher level of seamless integration of artificial intelligence, enabling refrigerators to intuitively manage food inventory, minimise waste, and suggest recipes based on the available ingredients.
Over the forecast period, there are several trends that may help drive positive volume growth for refrigeration appliances. As interest rates improve, driving sales of homes as home ownership becomes more affordable, there is likely to be a pick up in sales of refrigeration appliances, as new homes foster the need/demand for an upgraded and more modern kitchen.
The ongoing trend towards speciality alcoholic drinks is set to make a lasting impression on refrigeration appliances throughout the forecast period. With the surge in the popularity of cocktails, demand for meticulously crafted libations has driven the integration of innovative features within refrigerators.
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Understand the latest market trends and future growth opportunities for the Refrigeration Appliances industry in USA 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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