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The analysts forecast global chest freezer market to grow at a CAGR of 3.47% during the period 2016-2020.
Advances in technology and changing consumer preferences have revolutionized the designs of kitchen and home
appliances. Tech-savvy consumers prefer to use products, which are energy-efficient and have a long lifespan.
The global urbanization rate has risen with economic development and liberalization of economies. The resulting
changes have created a need for convenience in preparing and storing food. This has led to a surge in the sales of
frozen food products and meals.
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This report covers the present scenario and the growth prospects of the global chest and upright freezer market
for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of chest
and upright freezers for the residential segment.
The report, Global Chest and Upright Freezer Market 2016-2020, has been prepared based on an in-depth market
analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over
the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors –Bosch, Danby, Electrolux, Qingdao Haier, Sears Holdings, Whirlpool
Other prominent vendors - Avanti Products, Midea Group, Miele, Fisher and Paykel, Summit Appliance,
Market driver - Growth in sales of frozen food products
Market challenge - Threat from side-by-side refrigerators
Market trend - Technological innovations
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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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