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(2023-2032) Household Refrigerators And Home Freezers Market In-Depth Qualitative Insights And Future Growth Analysis
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032As per the household refrigerators and home freezers market report by The Business Research Company, the increasing consumption of processed food products such as frozen meat, vegetables, and dairy products as well as change in the dietary habits of consumers is driving the household refrigerator and freezer market growth. Due to busy lifestyles, consumers are increasingly relying on processed food and prepared meals that require refrigerators for storage
The global household refrigerator and home freezer market size will grow from $55.55 billion in 2022 to $59.96 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global household refrigerator and home freezer market size is expected to grow to $78.88 billion in 2027 at a CAGR of 7.1%.
Read More On The Household Refrigerators And Home Freezers Market Report Here:
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Major competitors in the household refrigerators and home freezers market include Aggreko, Atlas CopCo., Caterpillar Inc., FG Wilson, Kirloskar Electric Co. Ltd., Cummins Inc., Rolls-Royce, Wärtsilä, Yanmar Co. Ltd., and Briggs & Stratton
The household refrigerators and home freezers market is segmented -
By Type: Refrigerators, Freezers, Ice Boxes, Refrigerator/Freezer Combinations
By Refrigerator Door Type: Single Door, Double Door, Side by Side Door, French Door
By Freezer Location: Freezer on top, Freezer on bottom, Freezer less
By Application: Frozen Vegetable and Fruit, Frozen Meat, Other Applications
By Distribution Channel: Specialty Stores, Supermarkets/Hypermarkets, Online, Other Distribution Channels
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the household refrigerators and home freezers market.
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A refrigerator is defined as an electrical appliance used to preserve food at cold temperatures. A freezer is part of a refrigerator where the temperature is maintained below the freezing point for storing food for longer periods.
The Table Of Content For The Household refrigerators and home freezers market Include:
1. Executive Summary
2. Household Refrigerators And Home Freezers Market Characteristics
3. Household Refrigerators And Home Freezers Market Trends And Strategies
4. Household Refrigerators And Home Freezers Market - Macro Economic Scenario
5. Household Refrigerators And Home Freezers Market Size And Growth
.......
26. Africa Household Refrigerators And Home Freezers Market
27. Household Refrigerators And Home Freezers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Household Refrigerators And Home Freezers Market
29. Household Refrigerators And Home Freezers Market Future Outlook and Potential Analysis
30. Appendix
The "Global Household refrigerators and home freezers market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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