TURKEY REFRIGERATION APPLIANCES MARKET 2022-2028

Consumer Goods & Services | Consumer Electronics

TURKEY REFRIGERATION APPLIANCES MARKET 2022-2028

Market by Category and Distribution Channel | Forecast 2022-2028

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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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Table of Content

1. 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

List of Tables

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)

List of Figures

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)

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