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Learn moreJan 2021
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Newer flats in Hong Kong tend to have fridge freezers built in, which explains the volume growth in these appliances over the review period. However, in 2019, due to social unrest in Hong Kong, the number of housing development projects decreased, which was reflected in the sharp fall in built-in fridge freezer units purchased in 2020.
Hitachi remains the leading brand in refrigeration appliances in retail volume terms, and continued to see growth in its share in 2020 despite sales losses due to store closures. Other prominent brands in the category include Whirlpool, Samsung and Mitsubishi Electric, all of which also have maintained their sales rankings amid pandemic headwinds due to their strong brand names and long-standing presence in the country.
Refrigeration appliances was mainly driven by replacement sales in 2019, pre-pandemic. Although freestanding fridge freezers dominate, because they are more affordable and easier to replace than built-in models, the latter saw the stronger performance.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Refrigeration Appliances industry in Hong Kong, China with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Refrigeration Appliances industry in Hong Kong, China, our research will save you time and money while empowering you to make informed, profitable decisions.
The Refrigeration Appliances in Hong Kong, China market research report includes:
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This industry report originates from Passport, our Consumer Appliances market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.