South Korea Household Refrigerator Market to 2032
Overview
The South Korea Household Refrigerator Market is expected to reach a 10,195.11 USD Billion by 2032 and is projected to grow at a CAGR of 8.08% from 2025 to 2032.
Revenue, 2024 (USD Billion)
6,265.85
Forecast, 2032 (USD Billion)
10,195.11
CAGR, 2024 - 2032
8.08%
Report Coverage
South Korea
South Korea Household Refrigerator Market 2018-2032 USD Billion
South Korea Household Refrigerator Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 6,265.85 USD Billion
- Projected Market Size (2032): 10,195.11 USD Billion
- CAGR (2025-2032): 8.08%
Key Findings of South Korea Household Refrigerator Market
- The South Korea Household Refrigerator Market was valued at 10,195.11 USD Billion in 2024.
- The South Korea Household Refrigerator Market is likely to grow at a CAGR of 8.08% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Compressor Refrigerators in Cooling Technology Segment accounted for the largest share of the market with a revenue of 5,491.50 USD Billion
- The fastest growing segment Built Into Kitchen Refrigerators in Deployment Type Segment grew Fastest with a CAGR of 9.19% during the forecast period from 2024 to 2032.
South Korea Household Refrigerator Market Scope
South Korea Household Refrigerator Market Segmentation & Scope
Distribution Channel
- Discount Stores
- Mass Retailers
- Online
- Specialty Retailers
- Supermarkets
- Hypermarkets
- Department Stores
Type of Model
- Dual Compressor Based Model
- Single Compressor Based Model
Storage Capacity
- Small Storage Capacity Refrigerators (<200 L)
- Large Storage Capacity Refrigerators (Above 400 L)
- Medium Storage Capacity Refrigerators (200 L-400 L)
Deployment Type
- Built Into Kitchen Refrigerators
- Free-Standing Refrigerators
Cooling Technology
- Others
- Magnetic Refrigerators
- Acoustic Refrigerators
- Solar Refrigerators
- Compressor Refrigerators
Type
- Mini Fridge
- Counter-Depth Refrigerator
- Side-By-Side Refrigerator
- Bottom Freezer Refrigerator
- French Door Refrigerator
- Top Freezer Refrigerator
South Korea Household Refrigerator Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 6,265.85 USD Billion |
| Market Value in 2032 | 10,195.11 USD Billion |
| CAGR (2025-2032) | 8.08% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Distribution Channel,Type of Model,Storage Capacity,Deployment Type,Cooling Technology,Type |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 6,265.85 USD Billion in 2024
- Key Country: South Korea, leading in terms of revenue with value of 6,265.85 USD Billion in 2024.
Segments and Scope
-
South Korea Household Refrigerator Market to 2032, By Distribution Channel
- Hypermarkets is the largest segment in South Korea Household Refrigerator Market to 2032 with a revenue of 1,738.87 USD Billion in the year 2024.
- Hypermarkets is the Fastest growing segment in South Korea Household Refrigerator Market to 2032 with a Growth rate of 8.84 % in forecast period 2025-2032.
-
South Korea Household Refrigerator Market to 2032, By Type of Model
- Single Compressor Based Model is the largest segment in South Korea Household Refrigerator Market to 2032 with a revenue of 5,204.78 USD Billion in the year 2024.
- Dual Compressor Based Model is the Fastest growing segment in South Korea Household Refrigerator Market to 2032 with a Growth rate of 7.97 % in forecast period 2025-2032.
-
South Korea Household Refrigerator Market to 2032, By Storage Capacity
- Medium Storage Capacity Refrigerators (200 L-400 L) is the largest segment in South Korea Household Refrigerator Market to 2032 with a revenue of 3,544.15 USD Billion in the year 2024.
- Medium Storage Capacity Refrigerators (200 L-400 L) is the Fastest growing segment in South Korea Household Refrigerator Market to 2032 with a Growth rate of 8.29 % in forecast period 2025-2032.
-
South Korea Household Refrigerator Market to 2032, By Deployment Type
- Free-Standing Refrigerators is the largest segment in South Korea Household Refrigerator Market to 2032 with a revenue of 4,905.72 USD Billion in the year 2024.
- Built Into Kitchen Refrigerators is the Fastest growing segment in South Korea Household Refrigerator Market to 2032 with a Growth rate of 7.77 % in forecast period 2025-2032.
-
South Korea Household Refrigerator Market to 2032, By Cooling Technology
- Compressor Refrigerators is the largest segment in South Korea Household Refrigerator Market to 2032 with a revenue of 5,491.50 USD Billion in the year 2024.
- Compressor Refrigerators is the Fastest growing segment in South Korea Household Refrigerator Market to 2032 with a Growth rate of 8.19 % in forecast period 2025-2032.
-
South Korea Household Refrigerator Market to 2032, By Type
- Top Freezer Refrigerator is the largest segment in South Korea Household Refrigerator Market to 2032 with a revenue of 2,337.94 USD Billion in the year 2024.
- Top Freezer Refrigerator is the Fastest growing segment in South Korea Household Refrigerator Market to 2032 with a Growth rate of 8.67 % in forecast period 2025-2032.
South Korea Household Refrigerator Market Company Share Analysis
| Company Name |
|
||
| LG Electronics | |||
| SAMSUNG | |||
| Haier Group | |||
| Midea Group | |||
| Whirlpool Corporation | |||
South Korea Household Refrigerator Market Geographical Sales Distribution, 2018-2032 USD Billion
South Korea Household Refrigerator Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Household Refrigerator Market is segmented based on Segmentation Distribution Channel,Type of Model,Storage Capacity,Deployment Type,Cooling Technology,Type.
South Korea Household Refrigerator Market was valued at USD 6,265.85(Revenue in USD Billion) in 2022.
South Korea Household Refrigerator Market is projected to grow at a CAGR of 8.08% during the forecast period of 2024 to 2032.
The Compressor Refrigerators segment is expected to dominate the South Korea Household Refrigerator Market, holding a largest market share of 5,491.50 USD Billion in 2024
South Korea Household Refrigerator Market Scope
South Korea Household Refrigerator Market Segmentation & Scope
Distribution Channel
- Discount Stores
- Mass Retailers
- Online
- Specialty Retailers
- Supermarkets
- Hypermarkets
- Department Stores
Type of Model
- Dual Compressor Based Model
- Single Compressor Based Model
Storage Capacity
- Small Storage Capacity Refrigerators (<200 L)
- Large Storage Capacity Refrigerators (Above 400 L)
- Medium Storage Capacity Refrigerators (200 L-400 L)
Deployment Type
- Built Into Kitchen Refrigerators
- Free-Standing Refrigerators
Cooling Technology
- Others
- Magnetic Refrigerators
- Acoustic Refrigerators
- Solar Refrigerators
- Compressor Refrigerators
Type
- Mini Fridge
- Counter-Depth Refrigerator
- Side-By-Side Refrigerator
- Bottom Freezer Refrigerator
- French Door Refrigerator
- Top Freezer Refrigerator
Frequently Asked Questions
The South Korea Household Refrigerator Market is segmented based on Segmentation Distribution Channel,Type of Model,Storage Capacity,Deployment Type,Cooling Technology,Type.
South Korea Household Refrigerator Market was valued at USD 6,265.85(Revenue in USD Billion) in 2022.
South Korea Household Refrigerator Market is projected to grow at a CAGR of 8.08% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Household Refrigerator Market for final year is USD 10,195.11 (USD Billion).
South Korea Household Refrigerator Market Company Profiling
Frequently Asked Questions
The South Korea Household Refrigerator Market is segmented based on Segmentation Distribution Channel,Type of Model,Storage Capacity,Deployment Type,Cooling Technology,Type.
South Korea Household Refrigerator Market was valued at USD 6,265.85(Revenue in USD Billion) in 2022.
South Korea Household Refrigerator Market is projected to grow at a CAGR of 8.08% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Household Refrigerator Market for final year is USD 10,195.11 (USD Billion).
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