The forecast period is expected to see refrigeration appliances record a stagnant sales performance as the surge seen in demand during the early stages of the COVID-19 pandemic in 2020 means that demand is likely to remain muted for the foreseeable future. The two most important categories of freezers and fridges already have high penetration in Czech households.
The strong performance recorded in connected fridge freezers during the review period is expected to continue into the forecast period, with the bulk of sales growth recorded in refrigeration appliances expected to be accounted for by smart fridge freezers. Even though the concept of smart refrigerators has been present in the Czech Republic for some time, uptake of connected refrigeration appliances has been relatively slow as many consumers are of the opinion that such technology is not essential or even particularly useful.
The impact of the COVID-19 pandemic served to underline the importance of existing trends within refrigeration appliances and the most important of these are expected to remain the top of the minds of consumer during the forecast period. For instance, the popularity of larger capacity refrigeration appliances is expected to continue growing, with fridge-freezers with capacity in excess of 340 litres expected to register particularly dynamic sales growth during the forecast period.
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Understand the latest market trends and future growth opportunities for the Refrigeration Appliances industry in Czech Republic 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.
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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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