Over the forecast period, demand for refrigeration appliances is expected to be driven largely by an increase in property ownership as well as replacement sales. Household ownership of refrigeration appliances in Indonesia was considered to be rather low in 2022 and therefore there is still plenty of potential for further growth in Indonesia.
Urbanisation and changing consumer lifestyles, especially among urban dwellers, are predicted to help boost volume growth within refrigeration appliances over the forecast period. Urbanisation will increase the accessibility of refrigeration appliances with the electricity supply infrastructure being more developed in urban areas.
In a bid to improve their margins and to fight off competition from cheap imports, players are expected to continue investing in introducing innovative features into their refrigeration appliances. Energy saving features will likely be highly attractive, as most Indonesian households still have limited electricity capacity with the public infrastructure still in need of huge improvement.
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Understand the latest market trends and future growth opportunities for the Refrigeration Appliances industry in Indonesia 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 Indonesia, 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
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 DefinitionsThis report originates from Passport, our Refrigeration Appliances research and analysis database.
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