03 March 2017

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The worldwide refrigeration and laundry markets enjoyed another strong year in 2016, with ongoing economic recovery and improving consumer confidence in mature markets boosting volumes, and developing markets continuing to grow.

Smart appliances grew by 97% compared to 2015 figures, but still made up only 1.3% of total volumes. However this is forecast to grow significantly in the coming years, with over 50% of worldwide shipments containing some form of connectivity by 2021.

This report supplies an outlook for the worldwide home refrigeration and laundry appliance market, with a particular focus on smart/connected appliances. It provides market data for 2016 and an outlook on key developments in the market from 2017- 2021

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