It is likely that manufacturers of refrigeration appliances will continue to invest in innovation over the forecast period, particularly with regard to connectivity and the adoption of AI. This could help add value to what is a relatively mature category, with the leading players keen to differentiate their offer while maintaining their margins.
Built-in refrigeration appliances were particularly hard hit by the deflated housing market in 2022 and 2023 but demand is expected to bounce back and sales are expected to return to growth in retail volume terms by the second half of the forecast period. Kitchens have become the main hub of the home in many households and as such consumers are increasingly focusing on design as well as functionality.
As a result of all the technological and design innovations being focused on the fridge freezers category, it is expected to remain the dominant and most dynamic category in retail volume terms. Premium fridge freezers are expected to see particularly strong growth with sales likely to pick up as the economy improves and the housing market picks up.
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Understand the latest market trends and future growth opportunities for the Refrigeration Appliances industry in Spain with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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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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