Cleveland, OH, December 8, 2017 — US household refrigerator and freezer demand is forecast to total $10.4 billion in 2021, according to Household Refrigerators & Freezers: United States, a report recently released by Freedonia Focus Reports. Increasing housing completions will drive gains over the forecast period.
Demand for refrigerators is projected to grow the fastest of any segment and remain the largest through 2021. Gains will be driven by the replacement of older machines purchased during the 2002-2006 housing boom and by enticing energy-efficient models. Demand for freezers is expected to fall through 2021, constrained by the popularity and convenience of combination refrigerator-freezer units.
These and other key insights are featured in Household Refrigerators & Freezers: United States. This report forecasts US refrigerator and freezer demand and shipments in US dollars at the manufacturer level to 2021. Total demand and shipments are segmented by product in terms of:
- parts and accessories
To illustrate historical trends, total demand, total shipments, the various segments, and trade are provided in annual series from 2006 to 2016.
More information about the report is available at https://www.freedoniafocusreports.com/Household-Refrigerators-Freezers-United-States-FF90028/.