saudi arabia refrigerators market 2021 brochure

M a r k e t I n t e l l i g e n c e . C o n s u l t i n g

S a u d i A ra b i a Re f r i g e ra to r s M a r ke t By Ty p e, By C a p a c i t y, By S a l e s C h a n n e l , C o m p e t i t i o n Fo re c a s t

a n d O p p o r t u n i t i e s , 2 0 1 1 – 2 0 2 1

P r o d u c t O v e r v i e w

© TechSci Research

2

D e f i n i t i o n

Refrigerator: It is a home appliance which is artificially kept cool, and used for storing food items and

drinks.

Refrigerator uses the cooling effect produced upon the forceful evaporation of a volatile liquid into a sealed

system, in which the liquid is condensed back to liquid outside the refrigerator.

Top Mounted Freezer Refrigerator

Single Door Refrigerator

Side-by-side Refrigerator

French Door with Bottom Freezer

Types of Refrigerators

T a b l e o f C o n t e n t s

© TechSci Research

2

S. No. Contents

1. Research Methodology

2. Product Overview

3. Analyst View

4. Global Refrigerators Market Overview

5. Saudi Arabia Refrigerators Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1.By Type (Top Mounted Freezer, Single Door, Side-by-Side & French Door Bottom-Freezer)

5.2.2. By Capacity (301L - 600L , 601L & Above and Less than 300L)

5.2.3. By End Use Sector (Residential & Commercial)

5.2.4. By Sales Channel (Retail Stores, Exclusive Showrooms & Online Channel)

5.2.5. By Region

5.2.6. By Company

5.3. Market Attractiveness Index

6. Saudi Arabia Refrigerators Market Segmental Analysis

6.1. Saudi Arabia Top Mounted Freezer Refrigerators Market Outlook

6.1.1. Market Size & Forecast

6.1.1.1. By Value & Volume

6.1.2. Price Point Analysis

6.2. Saudi Arabia Single Door Refrigerators Market Outlook



4

© TechSci Research

S. No. Contents



6.3. Saudi Arabia Side-by-Side Refrigerators Market Outlook




6.4. Saudi Arabia French Door Bottom-Freezer Refrigerators Market Outlook




7. Market Dynamics

7.1. Drivers

7.2. Challenges

8. Market Trends & Developments

8.1. Foray of Inverter Technology

8.2. New Product Development

8.3. Implementation of Saudisation Monitoring Rules

8.4. Penetration of E-commerce

8.5. Multi-Channel Marketing Activities

9. Policy & Regulatory Landscape

10. Trade Dynamics

11. Saudi Arabia Economic Profile


5

© TechSci Research

S. No. Contents

12. Competitive Landscape

12.1. Competition Benchmarking

12.2. Company Profiles

12.2.1. Samsung Saudi Arabia

12.2.2. LG Electronics Inc.

12.2.3. Hitachi Saudi Arabia Ltd.

12.2.4. Toshiba Gulf FZE

12.2.5. Whirlpool MEEA JLT

12.2.6. Hisense International Co. Ltd.

12.2.7. Gibson International

12.2.8. Haier KSA

12.2.9. TCL Home Appliances (Hong Kong)Co., Ltd.

12.2.10. Hamad A. Alessa & Sons Co. (HAASCO)

13. Strategic Recommendations

14. About Us & Disclaimer

R e s e a r c h M e t h o d o l o g y

6

© TechSci Research

Our dedicated team of industry experts has comprehensively monitored and analyzed various aspects of the Saudi

Arabia refrigerators market. The team has analyzed numerous industry segments and predicted a positive outlook

for the industry considering various factors such as rapid urbanization, increasing middle class population, growing

disposable income, etc. Our analysts’ comprehensive analysis would enable our clients in planning investment

decisions and explore growth opportunities in the Saudi Arabia refrigerators market.

Our experts have gathered information mainly through primary and secondary research from different credible

sources. We have also used reliable paid databases for secondary research. Our team of experts has then

prudently evaluated all the quantitative and qualitative information and presented the same in chronological order

to depict a meaningful and clear picture of Saudi Arabia refrigerators market.

In addition, while compiling the data, we have also validated all the collected information from multiple sources

and data warehouses in order to present the most accurate and precise information of the concerned industry. We

have also identified and analyzed all emerging trends, including important drivers and challenges that the industry

is confronting. We have also presented various forecasts for the industry based on our in-depth analysis of market

dynamics, prevalent trends, major developments and growth opportunities.

Companies Interviewed LG Electronics, United Matbouli Group, Zagzoog For Home Appliances Company

Secondary Sources Annual Reports, Business Dailies, Company Websites, Government Websites

I n d u s t r y B r i e f

7

Saudi Arabia Refrigerators Market to Grow at Over 7% Until 2021

Increasing urbanization, rising disposable income and expanding working population to expand marketsize for refrigerators in Saudi Arabia

According to a recently released TechSci Research report, “Saudi Arabia Refrigerators Market ByType, By Capacity, By Sales Channel, By End Use Sector, Competition Forecast andOpportunities, 2011 – 2021’’, the refrigerators market in Saudi Arabia is projected to grow at a CAGRof more than 7% during 2016 – 2021, on account of increasing disposable income, growing urbanizationand favorable government regulations. With Saudi Arabia government making it mandatory to supplyrefrigerators with 3 & above star rating, an increasing number of companies are launching refrigeratorswith energy efficient technologies as well as other innovative technologies such as Invertor technology,Total No Frost technology, Smart Diagnosis technology, etc., in Saudi Arabia, which is positivelyinfluencing the country’s refrigerators market.

Saudi Arabia’s refrigerators market has been segmented into four broader categories that include topmounted freezer refrigerators, single door refrigerators, side-by-side refrigerators & French door bottom-freezer refrigerators. Among these categories, top mounted freezer refrigerators dominated the SaudiArabia refrigerators market in 2015, and the segment’s market dominance is expected to prevail over thenext five years. Region-wise, the country’s North-Central region accounted for the maximum demand forrefrigerators in 2015, followed by West, East and South regions.

“In Saudi Arabia, urbanization is increasing rapidly, especially in country’s metropolitan regions such asRiyadh, Dammam Metropolitan Area (DMA), Jeddah and Makkah. As per the estimates of Ministry ofMunicipal and Rural Affairs (MMRA), approximately 88% of Saudi Arabian population will be living in theurban areas by 2025. Backed by growing urbanization, Saudi Arabia refrigerators market is anticipated toregister healthy growth rate over the next five years. However, factors like challenging economicscenario, fluctuating crude oil prices and implementation of Saudization rules are anticipated to affect thevolume growth of the country’s refrigerators market to a certain degree during 2016 - 2021.”, said Mr.Karan Chechi, Research Director with TechSci Research, a research based global management consultingfirm.

http://www.techsciresearch.com/report/saudi-arabia-refrigerators-market-by-type-top-mounted-freezer-refrigerators-single-door-refrigerators-etc-by-capacity-less-than-300l-301l-600l-and-above-601l-by-sales-channel-competition-forecast-and-opportunities-2011-2021/631.html

S a m p l e D a t a - S n a p s h o t

8

© TechSci Research

Saudi Arabia Refrigerators Market Size, By Value (USD

Million), By Volume (Thousand Units), 2011-2021F

1 2 3 4 5 7 8 9 10 11 12

3 5 7 9 1115 17 19 21 23 25

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

Value (USD Million) Volume (Thousand Units)

Saudi Arabia Refrigerators Market Share, By Type, By Value, 2011-2021F

7.00% 7.01% 7.02% 7.03% 7.04% 7.05% 7.06% 7.07% 7.08% 7.09% 7.10%

17.00% 17.01% 17.02% 17.03% 17.04% 17.05% 17.06% 17.07% 17.08% 17.09% 17.10%

25.00% 25.01% 25.02% 25.03% 25.04% 25.05% 25.06% 25.07% 25.08% 25.09% 25.10%

30.00% 30.01% 30.02% 30.03% 30.04% 30.05% 30.06% 30.07% 30.08% 30.09% 30.10%

2011 2012 2013 2014 2015E 2016F 2017F 2018F 2019F 2020F 2021F

French Door Bottom-Freezer Side-by-side

Single Door Top Mounted Freezer

0.00%

1.00%

2.00%

3.00%

4.00%

5.00%

6.00%

7.00%

8.00%

9.00%

10.00%

0.00 1.00 2.00 3.00 4.00 5.00

French Door Bottom-Freezer Refrigerators

Side-by-side Refrigerators

Single Door Refrigerators

Top Mounted Freezer

Refrigerators

Saudi Arabia Refrigerators Market Attractiveness

Index, By Type, By Volume, 2015-2021F

Saudi Arabia Top Mounted Freezer Refrigerators

Average Selling Prices, 2011-2021F (USD)

1 2 3 4 5 6 7 8 9 10 11

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

Saudi Arabia Single Door Refrigerators Market Size, By Value

(USD Million), By Volume (Thousand Units), 2011-2021F

1 2 3 4 5 7 8 9 10 11 12

3 5 7 9 1115 17 19 21 23 25

2011 2012 2013 2014 2015 2016E 2017F 2018F 2019F 2020F 2021F

Value (USD Million) Volume (Thousand Units)

20.00% 20.01% 20.02% 20.03% 20.04% 20.05% 20.06%

18.00% 18.01% 18.02% 18.03% 18.04% 18.05% 18.06%

23.00% 23.01% 23.02% 23.03% 23.04% 23.05% 23.06%

25.00% 25.01% 25.02% 25.03% 25.04% 25.05% 25.06%

2015 2016E 2017F 2018F 2019F 2020F 2021F

Others Hitachi LG Electronics Samsung Electronics

Saudi Arabia Refrigerators Market Share, By

Company, By Value, 2015-2021F

R e p o r t O r d e r i n g

To View Sample OR Purchase Report

Report Price

Report Name: Saudi Arabia Refrigerators Market By Type, By Capacity, By

Sales Channel, Competition Forecast and Opportunities, 2011 – 2021

License Type Price

Electronic Access - Single User License $2500

CD-ROM Mail Delivery $3000

Hard Copy Mail Delivery $3500

Electronic Access - Multi-User License $5000

9



http://www.techsciresearch.com/report/united-states-radio-taxi-services-market-forecast-and-opportunities-2021/617.html

A b o u t U s & D i s c l a i m e r

© TechSci Research

TechSci Research – North America

2950, Boundary Road, Burnaby,

British Columbia, Canada

Tel: +1- 646- 360-1656

Email: [email protected]

www.techsciresearch.com

About Us

TechSci Research is a global market research and consulting company with offices in Canada, the UK and India. TechSci Research

provides market research reports in a number of areas to organizations. The company uses innovative business models that focus on

improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting models use various analyses of both

industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional

and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely

rich evaluation of the opportunities available in the market.

Related Reports

Saudi Arabia LED TVs Market Forecast and Opportunities, 2011 – 2021

Saudi Arabia Air Conditioners Market Forecast and Opportunities, 2011 - 2021

Saudi Arabia Washing Machines Market Forecast and Opportunities, 2011 – 2021

Partial List of Clients

Disclaimer

The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is madethat it is timely, accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from varioussources including which it considers reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness ofany information and it is not responsible for any errors or omissions or for the results obtained from the use of such information and especially statesthat it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together with all estimates and forecasts,can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internalconsumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

TechSci Research – Europe

54, Oldbrook, Bretton,

Peterborough,

United Kingdom



TechSci Research – Asia-Pacific

A – 51, Sector -57, Noida, National

Capital Region, U.P. - India

Tel: +91-120-4523900



10