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Global French Door Refrigerators Market Expected to Witness a Sustainable Growth over 2023
French Door Refrigerators market. French door refrigerators are named after the architectural structure of French doors: they are refrigerators with the same features of French doors. These machines also have a bottom freezer door with a separate handle. French door refrigerators are fairly new in terms of appliances since they didn't become widely available for sale until 2005. The main advantage of this type of refrigerator is that only one side of the fridge needs to be opened at one time.
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Global French Door Refrigerators Market: Forecast by Type / Application / Region
Haier dominated the market, with accounted for 15.224% of the French Door Refrigerators sales market share in 2016. F Haier, PreSonus Audio Electronics, Inc, Whirlpool Corporation and Electrolux are the key players and accounted for 36.116% of the overall French Door Refrigerators market share in 2016.
Global giant manufactures mainly distributed in Asia-Pacific, North America and Europe. They have unshakable status in this field. North America takes the consumption revenue market share of 32.28% in 2016, Asia-Pacific followed by with 30.14% in 2016.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types.
Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Despite the presence of competition problems, due to the global recovery trend is slightly, investors are still optimistic about this area; the future will still have more new investment enter the field.
Over the next five years, LPI(LP Information) projects that French Door Refrigerators will register a 5.9% CAGR in terms of revenue, reach US$ 10800 million by 2023, from US$ 8130 million in 2017.
Global French Door Refrigerators Market: Key Players
Haier
Whirlpool Corporation
Electrolux
Midea
Samsung
Bosch
LG
Meiling
Panasonic
Arcelik A.S.
Sharp
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Related Information:
United States French Door Refrigerators Market Research Report 2018
Europe French Door Refrigerators Market Research Report 2018
North America French Door Refrigerators Market Research Report 2018
Asia-Pacific French Door Refrigerators Market Research Report 2018
China French Door Refrigerators Market Research Report 2018
EMEA French Door Refrigerators Market Research Report 2018
Global French Door Refrigerators Market Research Report 2018
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