The North America refrigerator market reached approximately USD 530.03 Billion in 2025. The market is projected to grow at a CAGR of 4.80% between 2026 and 2035, reaching a value of around USD 847.06 Billion by 2035.
Base Year
Historical Period
Forecast Period
Retail e-commerce sales in the United States saw a 2.1% growth compared to the fourth quarter of 2023, reaching $289.2 billion in the first quarter of 2024.
In 2019, the total value of electronic products imported by the United States reached $485.3 billion.
During the initial quarter of 2024, personal consumption expenditures accounted for approximately 68% of the USA's GDP.
Compound Annual Growth Rate
4.8%
Value in USD Billion
2026-2035
*this image is indicative*
| North America Refrigerator Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 530.03 |
| Market Size 2035 | USD Billion | 847.06 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 4.80% |
| CAGR 2026-2035 - Market by Region | United States of America | 5.3% |
| CAGR 2026-2035 - Market by Region | Canada | XX% |
| CAGR 2026-2035 - Market by Type | French Door Refrigerator | 5.3% |
| CAGR 2026-2035 - Market by Application | Commercial and Industrial | 5.4% |
| Market Share by Country | United States of America | 90.1% |
Between January and September 2021, there was a 45% increase in the sales of luxury major kitchen appliances such as refrigerators, cooktops, and ovens in the United States. French-door refrigerators were the top sellers in the luxury appliance category, experiencing a remarkable 72% revenue growth, making them the highest revenue-generating products among all major kitchen appliances.
Evolving consumer lifestyles, with a growing desire for fresh food storage, larger capacities, and multi-functional appliances, are fuelling the demand for advanced refrigerators in North America. Advancements in refrigeration technology, including smart refrigerators, energy-efficient models, and advanced cooling technologies, appeal to consumers seeking modern and convenient features. Furthermore, the increasing trend towards smart home integration and the Internet of Things (IoT) is driving the need for smart refrigerators that offer remote control, real-time updates, and seamless integration with other smart home devices.
Energy-efficient refrigerators are gaining popularity as energy costs rise, environmental concerns grow, and regulatory standards focus on reducing energy consumption. The regional government is also implementing measures to encourage energy efficiency. In January 2023, the U.S. Department of Energy officially established new energy efficiency standards for residential refrigerators and freezers, which are projected to result in over $36 billion in savings for consumers over the next thirty years.
“North America Refrigerator Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Technology
Market Breakup by Application
Market Breakup by Distribution Channel
Market Breakup by Region
| CAGR 2026-2035 - Market by | Type |
| French Door Refrigerator | 5.3% |
| Top-freezer Refrigerator | 4.3% |
| Bottom-freezer Refrigerator | XX% |
| Side-by-side Refrigerator | XX% |
| CAGR 2026-2035 - Market by | Application |
| Commercial and Industrial | 5.4% |
| Household | XX% |
| CAGR 2026-2035 - Market by | Country |
| United States of America | 5.3% |
| Canada | XX% |
Based on application, the market is segmented into household and commercial and industrial. The commercial and industrial segment is projected to grow at a CAGR of 5.4% during the forecast period of 2026-2035.Refrigerators are essential in commercial and industrial environments as they help preserve perishable items, guarantee product safety, and uphold quality standards. Their usage is widespread across different sectors such as food and beverage, pharmaceuticals, chemicals, and others, underscoring their significance in contemporary business activities.
| Market Share by | Country |
| United States of America | 90.1% |
| Canada | XX% |
Major players are focusing on the production of smart and energy efficient refrigerators to gain a competitive edge in the market.
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In 2025, the market reached an approximate value of USD 530.03 Billion.
The market is estimated to grow at a CAGR of 4.80% between 2026 and 2035.
The market is estimated to witness a healthy growth during 2026-2035 to reach around USD 847.06 Billion by 2035.
The market is being driven by rising disposable incomes, rapid urbanisation, and changing consumer lifestyles.
The key trends aiding the market expansion include the integration of smart technology and the production of energy efficient refrigerators.
The major countries considered in the market are the United States of America and Canada.
The different applications of refrigerators include household and commercial and industrial.
The major players in the market are Samsung Electronics Co., Ltd., LG Electronics Inc., Whirlpool Corporation, Hisense Corporation, Robert Bosch GmbH, SMEG S.p.A., Electrolux AB, Liebherr-Hausgeräte GmbH, Miele Co. Ltd., and Haier Inc., among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Technology |
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| Breakup by Application |
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| Breakup by Distribution Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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