Market by Category and Distribution Channel | Forecast 2022-2028
In terms of revenue, the Turkey refrigeration appliances market is
anticipated to rise with a CAGR of 6.58%
during the forecast period 2022-2028.
The market was valued at $448.30 million in 2021 and is expected to rise
to a revenue of about $695.60 million by 2028.
In terms of volume, the Turkey refrigeration appliances market by
category is anticipated to rise with a CAGR
of 4.75% during the forecast period 2022-2028.
The market totaled 1540.50 thousand units in 2021 and is expected
to reach 2149.50 thousand units by 2028.
A refrigeration appliance is any stationary
device used to lower or maintain the air temperature in a small area below the
ambient level. A few examples of refrigeration appliances are cold storage
facilities, home refrigerators and freezers, and retail or commercial
refrigeration equipment.
An
increase in home ownership in the country is one of the major factors which is
expected to contribute to the growth of the refrigeration appliances market in
the country over the forecast period. The Turkish Statistical Institute reports that
the nation’s total sales of residential properties increased by 20.6% in March
2022, compared to the same month in 2021. Also, 134,170 homes were sold in
March 2022, which increased from 111,241 in March 2021. With the rise in home
ownership, the demand for refrigeration appliances is also expected to
increase, thereby driving the growth of the studied market.
However, the compliance cost associated with
refrigeration appliances is one of the factors that is likely to hamper the
growth of the refrigeration appliances market in Turkey during the forecast
period. The financial
burden on the consumer electronics and home appliance markets has been
increasing as a result of the rising number of governmental compliances
enforced in recent years. This financial burden ultimately falls on consumers,
rendering the products costly and lowering consumer demand. Hence, such factors
are expected to restrict the market growth during the forecast period.
Triton Market Research’s report provides in-depth insight into Turkey’s
refrigeration appliances market, along with segmentation analysis. The detailed
analysis of the market includes PESTLE analysis, competitive landscape, key
buying criteria, market share analysis, brand share analysis, and value chain
analysis. The segmentation analysis of the Turkey refrigeration appliances
market includes the market by category and distribution channel.
The key players in the Turkish refrigeration appliances market
are Samsung Electronics Co Ltd,
Arçelik, Zorlu Holding AS, BSH Hausgeräte GmbH, and Electrolux AB.
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VIEW REPORT1. TURKEY
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. TURKEY
REFRIGERATION APPLIANCES MARKET OUTLOOK
2.1. IMPACT
OF COVID-19 ON THE TURKEY 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. TURKEY
REFRIGERATION APPLIANCES MARKET – BY CATEGORY (VALUE IN $ MILLION & VOLUME
IN THOUSAND UNITS)
3.1. ELECTRIC
WINE COOLERS/CHILLERS
3.2. FREEZERS
3.3. FRIDGE
FREEZERS
3.4. FRIDGES
4. TURKEY
REFRIGERATION APPLIANCES MARKET – BY DISTRIBUTION CHANNEL (VALUE IN $ MILLION)
4.1. ELECTRONICS
AND APPLIANCE SPECIALIST RETAILERS
4.2. E-COMMERCE
4.3. DEPARTMENT
STORES
4.4. OTHER
DISTRIBUTION CHANNELS
5. COMPETITIVE
LANDSCAPE
5.1. SAMSUNG
ELECTRONICS CO LTD
5.2. ARÇELIK
5.3. ZORLU
HOLDING AS
5.4. BSH
HAUSGERÄTE GMBH
5.5. ELECTROLUX
AB
6. METHODOLOGY
& SCOPE
6.1. RESEARCH
SCOPE & DELIVERABLES
6.2. SOURCES
OF DATA
6.3. RESEARCH
METHODOLOGY
TABLE 1: TURKEY REFRIGERATION
APPLIANCES MARKET 2022-2028 (IN $ MILLION)
TABLE 2: REFRIGERATION
APPLIANCES MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN %)
TABLE 3: REFRIGERATION
APPLIANCES MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN %)
TABLE 4: TURKEY – COUNTRY
SNAPSHOT
TABLE 5: TURKEY REFRIGERATION
APPLIANCES MARKET, BY CATEGORY, 2022-2028 (IN $ MILLION)
TABLE 6: TURKEY REFRIGERATION
APPLIANCES MARKET, BY CATEGORY, 2022-2028 (IN THOUSAND UNITS)
TABLE 7: TURKEY REFRIGERATION
APPLIANCES MARKET, BY DISTRIBUTION CHANNEL, 2022-2028 (IN $ MILLION)
FIGURE
1: REFRIGERATION APPLIANCES MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN
%)
FIGURE
2: REFRIGERATION APPLIANCES MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN
%)
FIGURE
3: KEY BUYING CRITERIA
FIGURE
4: VALUE CHAIN ANALYSIS
FIGURE
5: TURKEY REFRIGERATION APPLIANCES MARKET, BY CATEGORY, 2021 & 2028 (IN %)
FIGURE
6: TURKEY REFRIGERATION APPLIANCES MARKET, BY ELECTRIC WINE COOLERS/CHILLERS,
2022-2028 (IN $ MILLION)
FIGURE
7: TURKEY REFRIGERATION APPLIANCES MARKET, BY ELECTRIC WINE COOLERS/CHILLERS,
2022-2028 (IN THOUSAND UNITS)
FIGURE
8: TURKEY REFRIGERATION APPLIANCES MARKET, BY FREEZERS, 2022-2028 (IN $
MILLION)
FIGURE
9: TURKEY REFRIGERATION APPLIANCES MARKET, BY FREEZERS, 2022-2028 (IN THOUSAND
UNITS)
FIGURE
10: TURKEY REFRIGERATION APPLIANCES MARKET, BY FRIDGE FREEZERS, 2022-2028 (IN $
MILLION)
FIGURE
11: TURKEY REFRIGERATION APPLIANCES MARKET, BY FRIDGE FREEZERS, 2022-2028 (IN
THOUSAND UNITS)
FIGURE
12: TURKEY REFRIGERATION APPLIANCES MARKET, BY FRIDGES, 2022-2028 (IN $
MILLION)
FIGURE
13: TURKEY REFRIGERATION APPLIANCES MARKET, BY FRIDGES, 2022-2028 (IN THOUSAND
UNITS)
FIGURE
14: TURKEY REFRIGERATION APPLIANCES MARKET, BY DISTRIBUTION CHANNEL, 2021 &
2028 (IN %)
FIGURE
15: TURKEY REFRIGERATION APPLIANCES MARKET, BY ELECTRONICS AND APPLIANCE
SPECIALIST, 2022-2028 (IN $ MILLION)
FIGURE
16: TURKEY REFRIGERATION APPLIANCES MARKET, BY E-COMMERCE, 2022-2028 (IN $
MILLION)
FIGURE
17: TURKEY REFRIGERATION APPLIANCES MARKET, BY DEPARTMENT STORES, 2022-2028 (IN
$ MILLION)
FIGURE
18: TURKEY REFRIGERATION APPLIANCES MARKET, BY OTHER DISTRIBUTION CHANNELS,
2022-2028 (IN $ MILLION)