openPR Logo
Press release

Household Refrigerators and Freezers Market : Startup Strategy Resources, Grow Pricing Activity and Forecasts to 2025

08-10-2017 02:48 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: TMR Research

Household Refrigerators and Freezers Market : Startup Strategy

Household Refrigerators and Freezers Market: Overview

The global household refrigerators and freezers market is expected to witness a high growth in the coming years on account of the rising initiatives for achieving energy efficiency by the governments across countries and the growing spending capacity of consumers. The refrigerators built in the past and those built today have much difference in terms of the energy they utilize. Thus, there is a high demand for replacement of old refrigerators and freezers with the latest technology product. This has resulted in the obsolescence of old-fashioned or conventional freezers and refrigerators. Manufacturers of refrigerators and freezers today, are striving to meet the standards and are thus manufacturing efficient products. Players are also offering customers, user-friendly features such as water tap on the door, through-the-door-ice, and similar other technological advancements. The pairing of refrigerators with smartphones will be another trend, driving the growth of this market.

Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=707

The growth of this market can also be attributed to the growing trend of having nuclear families and high disposable income, which has resulted in the want for improved lifestyle products across the globe. Players in the market are concentrating on improving the structure of the equipment from the inside, and research and development is being carried out to bring about these improvements and innovations. Players are also brining about advancements in the cooling technology and providing energy efficient options to traditional products. Manufactures of freezers and refrigerators are also strengthening their position in the market by offering service and aftermarket operations.

Global Household Refrigerators and Freezers Market: Snapshot

Refrigerators and Freezers have been an integral part of majority of households across the world for several decades. However, in the recent times, the growing culture of packaged food and irregular eating habits among the urban population has experienced an exponential surge. Backed by increased disposable income among the middle class, the global market for household refrigerators and freezers is projected for a healthy growth rate during the forecast period of 2017 to 2025.

Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=707

This report on global household refrigerators and freezers is a holistic overview of the market in its current scenario, and on the basis of several factors that are expected to influence the demand over the next few years, it presents an estimation of the future. The report also highlights some of the trends and opportunities available for the vendors to base their strategic developments on. To present a clear picture of the competitive landscape, the report profiles several prominent companies for their market share, product portfolio, pricing and margin, geographical presence, and updates on mergers, acquisitions, and collaborations. On the basis of product, the global household refrigerators and freezers market can be segmented into top mounted, bottom mounted, French door, and side-by-side. Geographically, the report studies the regional markets of North America, Asia Pacific, Europe, and Rest of the World.

Global Household Refrigerators and Freezers Market: Trends and Opportunities

The increasing need to conserve energy is not only escalating the cost of electricity for the consumers but is also enticing them to invest on technologically advanced refrigerators and freezers that are high on energy-efficiency. Several governments have regulations to inform the consumer regarding the energy-efficiency of electronic products, such has ENERGY STAR label, is quickly incrementing the awareness about advanced products. Currently, the food and beverage industry is thriving, which is also expected to positively reflect on global household refrigerators and freezers market as this increased uptake of packaged food items require preservation via freezing process. Technologically advancements in this field has also led to innovative refrigerators and freezers that are not only more efficient and consume less energy, but also are light-weight and safely portable.

Get a discount @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=707

According to the report, the segment of French door bottom-freezer refrigerator accounts for the maximum market shares, although side-by-side refrigerators are projected for the best growth rate during the forecast period. Rising demand for higher capacity and frost-free products is a trend that must be noted by the players, besides focusing on higher-end spectrum or premium product that ultimately offer higher profit.

Global Household Refrigerators and Freezers Market: Regional Outlook

High rate of disposable income and requirements for energy make Europe the most profitable region, although energy efficiency upgrade in September 2015 will ensure extended demand for advanced products from the country of U.S., thereby making North America another lucrative region. Recent models of household refrigerators and freezers have significantly lower operating cost despite offering advantages such as temperature adjustability, automated food ordering, and smartphone controls. Asia Pacific too is projected for a healthy growth rate owing to factors such as changing lifestyle in several emerging economies, vast population base, and increasing disposable income.

Key Players Mentioned in this Report:

Some of the prominent companies in global household refrigerators and freezers market are Electrolux, Whirlpool, Samsung, Haier and LG. With an exhaustive product portfolio, robust geographical presence, continuous efforts to bring advanced products, and aggressive market, these key players dominate the market and own major shares. Other notable players include General Electric, Panasonic, Bosch, and Frigidaire.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth researh of the market, we try to bring about game-changing success for our clients.

Contact :

Rohit Bhisey
Head - Internet Marketing
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Household Refrigerators and Freezers Market : Startup Strategy Resources, Grow Pricing Activity and Forecasts to 2025 here

News-ID: 663112 • Views:

More Releases from TMR Research

Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - 2031
Automotive Vision System Market Share and Growth Factors Impact Analysis 2021 - …
Automotive Vision System Market: Introduction A system that increases the vehicle driver's perception during night or bad weather conditions is termed as Automotive night vision system (ANVS). The system is otherwise beyond the reach of the vehicle's headlights, thereby prevents accidents at night. It can also be defined as a system which assists the driver by increasing visibility during bad whether while providing safety. Vehicle which have automotive vision system integrated are
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market Competitive Landscape Analysis with Forecast by 2031
Waste Heat Recovery Market: Snapshot The waste heat recovery market has been expected to reach a valuation of US$ 65.87 Bn and expand at a CAGR of 6.90% in the foreseeable years from 2020 to 2030. The growth opportunities in the waste heat recovery market are attributed to the increasing prices of electricity and energy in the emerging economies. In addition to this, government regulations and incentives are also estimated to contribute
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2021 to 2031.
Physical Fitness Equipment Market Current Trends and Future Aspect Analysis | Ma …
Global Physical Fitness Equipment Market: Snapshot The physical fitness equipment market has been expected to reach a valuation of US$ 14.8 Bn and expand at a CAGR of 3.3% in the foreseeable years from 2020 to 2030. The revenue generation opportunities in the physical fitness equipment market are attributed to the increasing enthusiasm among people toward fitness. In recent years, the fitness industry has been growing at a noticeable speed owing to
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Growing Regions like North America, Europe and Asia Pacific.
Molecular Spectrometry Market Competitive Analysis and Forecast 2021-2031 | Grow …
Global Molecular Spectrometry Market: Snapshot  Molecular spectrometry examines and quantifies the response of molecules on interaction with known amounts of energy. Molecules have some energy levels that can be studied by determining the molecule's energy exchange through emission or absorbance. Molecular spectrometry involves studying emission, absorption, or scattering of electromagnetic waves by atoms or molecules to quantitatively and qualitatively study atoms, molecules or physical processes. The interaction of matter with radiation

All 5 Releases


More Releases for Refrigerators

Biomedical Refrigerators Market – Increasing importance on energy-efficient re …
CMI Research has released the most recent version of its survey report on the Biomedical Refrigerators Market, which includes more than 100+ market data tables, a pie chart, graphs, and figures spread across pages. The market is currently growing in size. The research study includes a future trend, current growth factors, attentive opinions, facts, and industry-confirmed market data, as well as a comprehensive market assessment. The research study includes estimates
Blood Bank Refrigerators and Plasma Freezers Segment to Lead the Medical Refrige …
Medical refrigerators are designed to meet the temperature requirements for safe and effective drug storage. They are used to store vaccines, pharmaceuticals, chemotherapeutics, blood, plasma, and other samples that require tight temperature control. The rising occurrence of hematological disorders and an increment in the number of accidents propel the requirement of blood and blood components, such as plasma, which eventually triggers the need for freezers and refrigerators for storing these products
Medical Refrigerators Market to 2027 - Global Analysis and Forecasts By Product …
Medical refrigerators are designed to meet the temperature requirements for safe drug storage. Medical refrigerators are used to store vaccines, pharmaceuticals, chemotherapeutics, blood, plasma, and other samples which require tight temperature control. These are more reliable products for storage of medicinal products as they emit less heat and less sound into the room. The Medical refrigerators market is anticipated to grow in the forecast, owing increasing demand for medical refrigerators for
Blood Bank Refrigerators Market Report 2018: Segmentation by Type (Common Indoor …
Global Blood Bank Refrigerators market research report provides company profile for Follett, Glen Dimplex, Kirsch, LABCOLD, Lorne Laboratories, REMI GROUP, Telstar Group, Helmer Scientific, Haier Bio-Medical, Panasonic Healthcare, Thermo Fisher, Dometic and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for
Commercial Refrigerators Market - Demand for Beverage Refrigerators to Surge, Fu …
The presence of a large number of domestic and international manufacturers has rendered the landscape in the Asia Pacific commercial refrigerators market highly competitive. As per Transparency Market Research (TMR), Midea Group and Haier Electronics Group Co. Ltd. led the Asia Pacific commercial refrigerators market in 2015. These companies have been increasingly focusing on product innovation and improving customer experience in order to gain a competitive advantage in the market. For
Glass Door Refrigerators Market - Key Manufacturers Of Glass Door Refrigerators …
With the expansion of leading retail supermarkets, the demand for glass door refrigerators has witnessed a new high. The proliferation of restaurants, cafes, pharmacies, and convenience stores are also adding significantly to the growing demand for these refrigerators. As per TMR’s estimations, the opportunity in glass door refrigerators is projected to expand at a CAGR of 8.60% between 2015 and 2023 and rise from a value of US$6.5 bn in