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Despite the global recession, appliance manufacturing has continued to grow, and manufacturing output reached 600 million units for the first time in 2012. Refrigeration is the world’s largest and fastest growing category in major consumer appliances and China is the largest producer of refrigeration appliances. Five out of every 10 fridges sold globally are produced in China, and 30 percent of fridges manufactured in China are shipped abroad.
How will the US-Israel-Iran war shape business dynamics beyond the initial shocks? Visit our insights hub at euromonitor.com for free data-driven tools and resources to help you assess risks and plan for longer-term impact.
By Euromonitor International5
55 ratings
Despite the global recession, appliance manufacturing has continued to grow, and manufacturing output reached 600 million units for the first time in 2012. Refrigeration is the world’s largest and fastest growing category in major consumer appliances and China is the largest producer of refrigeration appliances. Five out of every 10 fridges sold globally are produced in China, and 30 percent of fridges manufactured in China are shipped abroad.
How will the US-Israel-Iran war shape business dynamics beyond the initial shocks? Visit our insights hub at euromonitor.com for free data-driven tools and resources to help you assess risks and plan for longer-term impact.