openPR Logo
Press release

Sea Freezer Beverage Wine Coolers Market Future Forecast Assessed On The Basis Of How The Market Is Predicted To Grow

11-03-2017 10:22 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Sea Freezer Beverage Wine Coolers Market Future Forecast

According to a new market report published by Transparency Market Research “Freezer and Beverage & Wine Coolers Market - SEA Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022” the SEA market for freezers and beverage & wine coolers, in terms of revenue, was valued at US$ 1,011.0 Mn in 2014 and is forecast to grow at a CAGR of 6.4% during the period 2014 to 2022. Growth in demand for packaged foods and non-alcoholic drinks and high economic growth with increase in establishments such as hotels, cafés and food chains are key factors driving the growth of SEA freezer and beverage & wine coolers market. In addition, growth in number of modern grocery retailers such as hypermarkets, supermarkets and superstores apart from independent outlets in the region is further expected to drive the growth of this market over the forecast period.

The SEA freezer and beverage & wine coolers market was dominated by the freezer category with a market share of around 58% in 2014. Food and packaged food, dairy, confectionary and ice-cream industries in SEA are driving the freezer market. Wine coolers market is forecast to grow at a significant rate during the forecast period 2014 to 2022. Food & beverages and tourism industries are expected to drive the demand for wine coolers in the SEA region.

Sample With Latest Advancements @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=5468

Ice cream freezers, chest freezers and upright freezers are three different types of freezers analyzed in the report. The SEA freezers market was dominated by the ice-cream freezers with a market share of around 42% in 2014. The demand for chest freezers from convenient stores and traditional retailers is expected to grow during the forecast period. The segment is projected to grow at fastest CAGR at 7.0% in the region throughout the forecast period due to strong demand for packaged foods, confectionery products and canned food items.

By capacity range, 300 to 500 litres freezer segment with approximately 32% share in the overall SEA freezer market in terms of revenue was the largest among all freezer types. Most of the FMCG manufacturers/establishments, food chains and ice-cream chain outlets enter into agreement with freezer manufacturers. These FMCG manufacturers provide assistance by providing freezers to the local convenience stores and also aid hypermarkets by constituting a mini outlet within the premises of the hypermarket.

Browse Our Press Releases For More Information @ https://www.transparencymarketresearch.com/pressrelease/sea-freezer-beverage-wine-coolers-market.htm

By country, Indonesia was one of the largest contributors to the SEA freezers and beverage & wine coolers market in terms of revenue in 2014 on account of large demand from rapidly growing middle class population. The stable economy has led to rising disposable incomes, which have increased the purchasing power of consumers at foodservice outlets.

Vietnam held the second largest revenue share of the overall SEA freezers and beverage & wine coolers market in 2014. Beverage coolers market in Thailand is expected to achieve significant growth during the forecast period from 2014 to 2022. Strong GDP, economic growth rate and rapid urbanization and advent of BPO and KPO industry across the SEA region are expected to primarily drive the growth of freezer & beverage and wine cooler market in SEA. Opportunities from other countries including Philippines and Malaysia are expected to further drive the growth of SEA freezer & beverage and wine coolers market during the forecast period from 2014 to 2022. Leading companies operating in SEA region in the freezer and beverage coolers market include AB Electrolux, Concepcion Industrial Corporation (CIC), Frigoglass SA, General Electric Corporation, Hoshizaki Singapore Pte Ltd., Midea Group, Sharp Electronics Co. Ltd. and South East Asia Hamico Export JSC. Also few of the domestic manufacturers include PT. Royal Sutan Agung (Indonesia), The Cool Company (Thailand), PT. Indotara Persada (Indonesia), and SAMEMAX Refrigeration Sdn. Bhd. (Malaysia) among others.

View Report @ https://www.transparencymarketresearch.com/sea-freezer-beverage-wine-coolers-market.html

Indonesia led the SEA Freezer and beverage & wine coolers market in 2014 with the share of around 36% in 2014 of the overall SEA freezer and beverage & wine coolers market. The reason behind this being more number of consumers are demanding and purchasing packaged foods, ready-meals, frozen foods, sauces and dressings. The market in Thailand is expected to grow at fastest CAGR in both the categories namely; freezers and beverage & wine coolers market during the forecast period.

The key manufacturers in SEA freezer and beverage & wine coolers market are AB Electrolux, Concepcion Industrial Corporation (CIC), Frigoglass SA, General Electric Corporation, Hoshizaki Singapore Pte Ltd., Midea Group, Sharp Electronics Co. Ltd., South East Asia Hamico Export JSC and The Cool Company among others.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.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 Sea Freezer Beverage Wine Coolers Market Future Forecast Assessed On The Basis Of How The Market Is Predicted To Grow here

News-ID: 800242 • Views:

More Releases from Transparency Market Research

Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights for the USD 15.9 Bn Market 2022-2031
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And Competitors
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry. 𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359 Key Players and Market Developments Key players
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn

All 5 Releases


More Releases for SEA

Sea Air Logistics Market 2019 Growth By Leading Key Players Are:Horizon Internat …
Verified Market Research include new market research report Global Home Services Market Insights, Forecast to 2026 to its huge collection of research reports. This report presents the worldwide Home Services market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2026), by manufacturers, region, type and application. This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and
Sea Air Logistics Market 2019 Recent Developments by Top Key Players: Horizon In …
Verified Market Research has recently published a new report named “Sea Air Logistics Market Size and Forecast to 2025". This report intends to study the developments of the Sea Air Logistics Market in, including its development status, applicant profiles and future trends, along with focus on the top Key players in the market. To understand all of it, this well-researched report will reveal the market situation in general for you,
Sea Air Logistics Market Future Trends and Forecast to 2025 | Top Key Players - …
The Global Sea Air Logistics Market report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Sea Air Logistics market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who
Sea Air Logistics Market Growth Analysis, Outlook to 2025 | Top Companies - Hori …
Verified Market Research Announces another top to bottom industry research that spotlights on Sea Air Logistics Market conveys itemized examination of the market and future prospects of Sea Air Logistics Market. The critical and significant data in the study makes the research a very important tool for experts, analysts and managers to get ready-to-access analysis by the industry professionals. Sea Air Logistics Market report offers a comprehensive research updates and
Sea Air Logistics Market Outlook to 2025 | Top Key Players - Horizon Internation …
The Global Sea Air Logistics Market report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Sea Air Logistics market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who
Sea Air Logistics Market Future Trends and Top Key Players - Horizon Internation …
Global Sea Air Logistics Market offers complete, proficient report delivering market research data that is relevant for new market entrants or set up players. Key strategies of the companies operating in the market and their impact analysis have been included in the report. Furthermore, a business overview, revenue share, and SWOT analysis of the leading players in the Sea Air Logistics Market is available in the report. The report meticulously analyzes