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Household Refrigerators and Freezers Market Growth Analysis By Top Key Players Electrolux, Samsung, Whirlpool, Haier and LG, General Electric, Bosch, Panasonic, Frigidaire, AB Electrolux, Aucma Company Ltd., General Electric, Frigidaire
Global household refrigerators and freezers market size will reach over USD 78.22 billion by 2025. The surge in disposable income at hand has accelerated the purchasing power of consumers, especially across the developing nations, which will boost the demand for the product in the region. The presence of various global competitors providing new technologies that lower energy consumption per year will drive household refrigerators and freezers market trends in the coming years. The U.S. Department of Energy has taken several initiatives regarding the growth of energy efficiency which has resulted in the consumers being able to save significantly on electric bills.Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/849
French-free bottom-freezer market, which contributed to more than 25% of household refrigerators and freezers market size in 2015, is expected to grow considerably over the next seven years. High consumer preference toward freezer mobility will further influence the product demand.
Side-by-side refrigerator market is projected to record a CAGR of 4% during the period of 2016 to 2025, stimulated by heavy demand for packaged, frozen foods. This product is also gaining remarkable prominence among the upper class and middle class population owing to its high storage capacity, which will further contribute toward the revenue. Today, high capacity frost-free side-by side fridges are more popular among the consumers, owing to which firms are more focused on manufacturing such products with cost premiums.
The presence of various global competitors providing new technologies that lower energy consumption per year will drive household refrigerators and freezers market trends in the coming years. The U.S. Department of Energy has taken several initiatives regarding the growth of energy efficiency which has resulted in the consumers being able to save significantly on electric bills.
Various key industry players have been involved in the constant manufacturing and supply of advanced household refrigerators and freezers across the world. They include companies such as Electrolux, Whirlpool, L.G., Samsung and Haier. Other renowned firms like Bosch, Frigidaire, Panasonic and General Electrical are also involved in consistent development of products to meet changing requirements and standards.
These companies have been laying heavy emphasis on the expansion of the product portfolio while focusing on the product’s quality and a number of features. The companies in the U.S. have been looking to shift production towards Asia Pacific and Africa over the years to be able to target and achieve rapid growth in these regions that exhibit massive potential.
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Partial Chapter of the Table of Content
Chapter 4 Household Refrigerators and Freezers Market Insights, By Product
4.1 Global household refrigerators and freezers market share by product, 2015 & 2025
4.2 Top Mounted Freezer Refrigerators
4.2.1 Top mounted freezer refrigerators market estimates and forecast, 2010 – 2025
4.2.2 Top mounted freezer refrigerators market estimates and forecast by region, 2010 – 2025
4.3 Bottom Mounted Refrigerators
4.3.1 Bottom mounted refrigerators market estimates and forecast, 2010 – 2025
4.3.2 Bottom mounted refrigerators market estimates and forecast by region, 2010 – 2025
4.4 Side-By-Side Refrigerators
4.4.1 Side-by-side refrigerators market estimates and forecast, 2010 – 2025
4.4.2 Side-by-side refrigerators market estimates and forecast by region, 2010 – 2025
4.5 French Door Bottom Freezer Refrigerators
4.5.1 French Door Bottom Freezer refrigerators market estimates and forecast, 2010 – 2025
4.5.2 French door bottom freezer refrigerators market estimates and forecast by region, 2010 – 2025
Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/household-refrigerators-and-freezers-market
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