Global refrigeration appliances retail unit volume 2015-2024, by region
The global retail volume of refrigeration appliances grew steadily from 2015 to 2019, mostly driven by the steady growth in the Asian, North American, and European markets. Although there was a drop in retail volume in 2020 due to the COVID-19 global pandemic, in 2022 the volume is anticipated to resume previous levels and maintain steady growth onwards. By 2024, the Asian market is forecast to be at 98.5 million units.