Car Refrigerator Market Share

Regionally, the global car refrigerator market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in North America is projected to hold the largest market share by the end of 2036 owing to favorable market conditions, growing indigenous demand for car refrigerators, and an increase in the adoption of new advanced technologies. Moreover, rising disposable income among the growing middle and affluent class along with rising passenger car sales in the region is anticipated to fuel car refrigerator market growth over the forecast period. It was observed that passenger car sales accounted for approximately 3,300,000 units in December 2021, a significant increase from 2,300,900 units in June 2021.