The increasing popularity of frozen meat products will foster the growth of the Middle East Refrigerator Market

The Middle East refrigerator market is anticipated to grow with a considerable CAGR of 4.8% during the forecast period (2020-2026). The growth of the market is anticipated to grow owing to the growth in population coupled with high purchasing power. Additionally, the changing lifestyle, as well as evolving purchasing trends, will aid in the growth of the Middle East refrigerators market. Moreover, significant growth in the urban population, technological development, and export and import policies of the region are some of the other factors that will cater to the growth of the regional market.

Browse the full report description Middle East Refrigerator Market Size, Share & Trends Analysis Report By Product Type (Single Door, Double Door, Side by Side Door, French Door and other), By Application (Residential and Commercial), By Distribution Channel (Online Channel and Offline Channel), Forecast Period 2020-2026 at https://www.omrglobal.com/industry-reports/middle-east-refrigerator-market

According to Euromonitor, the Middle East is estimated to be the fastest-growing region in halal meat consumption. According to the Gulf Cooperation Council (GCC), the region’s imports of meat and meat products were $3.8 billion as of October 2016. Hence, the rising imports of frozen meat products in the region will provide considerable growth opportunities for the Middle East refrigerator market. Additionally, the rising young population of the country is adopting trends of ready-to-eat food and beverages. The region is also experiencing a significant impact of western eating habits on their food consumption patterns. Therefore, on account of the aforementioned factors, the refrigerator market is expected to have considerable growth during the forecast period.

Market Coverage

• The market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- 

o By Product Type

o By Application

o By Distribution Channel

• Regions Covered- Middle East
• Competitive Landscape- Electrolux AB, Samsung Electronics Co. Ltd., Haier Group Corp., Robert Bosch GmbH, Whirlpool Corp.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and country dominate the market in the base year?
• Which segment and country will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected country and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Middle East Refrigerator Market Report Segment

By Product Type

• Single Door 
• Double Door 
• Side by Side Door 
• French Door
• Other

By Application

• Residential 
• Commercial 

By Distribution Channel

• Online Channel
• Offline Channel

Middle East Refrigerator Market Report Segment By Geography

• UAE 
• Saudi Arabia 
• Qatar 
• Egypt 
• Rest of Middle East