In 2023, France led the European market for refrigerating furniture with a value of 630.43 million euros, followed by Germany at 460.99 million euros. Sweden showed the highest year-on-year growth at 2.86%, whereas Poland experienced a decline of 3.61%. Over the last five years, the market has experienced fluctuations, with France and Bulgaria showing positive trends, while Estonia and Poland faced declines. The five-year CAGR indicates moderate growth in most countries.
Future trends to watch include:
- Technological advancements in energy-efficient refrigerating units.
- Increasing demand driven by sustainability agendas and policies across Europe.
- Potential market expansion in Eastern Europe influenced by infrastructure development.
- Impact of climate policies on refrigerating equipment standards and regulatory changes.
Top countries in Refrigerating Furniture with a Refrigerating Unit or Evaporator Market Size Value by Country
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 630,430,000 | 2023 | +1.68% | +1.41% | View data |
| 2 | 2 Germany | 460,990,000 | 2023 | +2.64% | -0.38% | View data |
| 3 | 3 Sweden | 70,000,000 | 2023 | +4.91% | +2.86% | View data |
| 4 | 4 Poland | 44,253,000 | 2023 | +0.98% | -3.61% | View data |
| 5 | 5 Estonia | 6,339,800 | 2023 | +5.95% | -1% | View data |
| 6 | 6 Bulgaria | 3,323,100 | 2023 | +2.63% | +1.49% | View data |