Between 2012 and 2022, the Household Refrigerators and Freezers market in Sweden exhibited significant fluctuations. The initial value in 2012 was 134.53 million Euros, with year-on-year (YoY) changes peaking in 2014 at 32.2%. This period saw notable growth with the highest annual value amounting to 250.66 million Euros in 2022. The 2015-2017 era marked robust growth with increasing YoY percentages and an impressive average CAGR of 12.35%. The market faced a decline from 2018 to 2020, with negative YoY variations, but it recovered in 2021 and 2022 by 9.15% and 1.63% respectively, resulting in a recent 5-year CAGR of 0.8%.
The overall trend highlights a pattern of volatility, from significant gains to periods of decline and slight recovery phases. Future trend watch points should include:
- Technological advancements in energy-efficient appliances.
- Increasing adoption of smart refrigerators with IoT integration.
- Potential market impacts due to sustainability and ecological concerns.
- Economic factors influencing consumer purchasing power.
How does Sweden rank in Household Refrigerators and Freezers Market Size Value?
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,246,100,000 | 2023 | +0.69% | +0.42% | View data |
| 2 | 2 United Kingdom | 1,191,200,000 | 2023 | +1.05% | +1.58% | View data |
| 3 | 3 Sweden | 274,870,000 | 2023 | +5.39% | +2.7% | |
| 4 | 4 Portugal | 230,910,000 | 2023 | +2.84% | +5.22% | View data |
| 5 | 5 Denmark | 150,130,000 | 2023 | +1.38% | +0.6% | View data |
