Refrigeration Appliances in Saudi Arabia - New Report Available

From: Fast Market Research, Inc.
Published: Fri Feb 19 2016

The strong economy and high GDP in Saudi Arabia are the main factors that supported the continuous value and volume growth and sales of refrigeration appliances over the review period. Rising disposable incomes enabled consumers to purchase more premium, energy efficient and sophisticated models.

Competitive Landscape

LG Electronics Saudi Arabia led refrigeration appliances in 2015 with a 26% volume share, followed by United Matbouli Group (Samsung) with a 20% share. LG and Samsung enjoy strong brand loyalty among consumers, due to their longstanding presence in Saudi Arabia.

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Industry Prospects

Sales of refrigeration appliances are expected to remain healthy, in line with the expected continuous rise in disposable incomes, on the back of a healthy economy and strong GDP growth. Oil revenues are set to grow, thus pushing economic growth. Also, strong government efforts to combat the housing shortage by targeting the construction of new homes is likely to lead to a rise in sales of refrigeration appliances.

Report Overview

Discover the latest market trends and uncover sources of future market growth for the Refrigeration Appliances industry in Saudi Arabia with research from Euromonitor's team of in-country analysts.

Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.

If you're in the Refrigeration Appliances industry in Saudi Arabia, our research will save you time and money while empowering you to make informed, profitable decisions.

The Refrigeration Appliances in Saudi Arabia market research report includes:

* Analysis of key supply-side and demand trends
* Detailed segmentation of international and local products
* Historic volumes and values, company and brand market shares
* Five year forecasts of market trends and market growth
* Robust and transparent market research methodology, conducted in-country

Our market research reports answer questions such as:

* What is the market size of Refrigeration Appliances in Saudi Arabia?
* What are the major brands in Saudi Arabia?
* What is the preferred refrigeration capacity size?
* What are the growth prospects for fridge freezers over the medium term?

Reasons to Get this Report

* Gain competitive intelligence about market leaders
* Track key industry trends, opportunities and threats
* Inform your marketing, brand, strategy and market development, sales and supply functions

About Fast Market Research

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- Refrigeration Appliances in Hungary
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- Refrigeration Appliances in Russia
- Refrigeration Appliances in Greece

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