Despite the flat performance in 2022, demand for refrigerator appliances is predicted to gain growth momentum over the forecast period. In line with the continuous increase in the number of single-person households in Chile and the dynamic local real estate market, an increasing number of refrigeration appliances, such as fridge freezers and fridges, will be needed.
The rise of customised and modern refrigeration appliances is expected to attract Chileans’ attention over the forecast period. With younger and connected consumers accessing the market, players such as Samsung with its BeSpoke line, are introducing appliances that can be adapted to the customer’s specific requirements regarding size, number of doors, colour and connectivity.
As the high inflation rate is impacting Chileans’ disposable incomes, leading to slowing demand, most players are maintaining competitive prices for their refrigeration appliances in 2022. With the ongoing impact of affordable Chinese brands and the high availability of stock, players do not want to lose space, and are running price promotions to drive up volume sales.
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Understand the latest market trends and future growth opportunities for the Refrigeration Appliances industry in Chile with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Refrigeration Appliances industry in Chile, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
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 Definitions
This report originates from Passport, our Refrigeration Appliances research and analysis database.
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