Household Refrigerators & Freezers Market to grow at 2.7% CAGR from 2016 to 2025

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Household Refrigerators & Freezers Market to grow at 2.7% CAGR from 2016 to 2025

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Request Sample of Report @ Household refrigerators and freezers market size may witness considerable growth owing to stringent energy regulations for improving energy efficiency. The refrigerators built in 2011 required only 25% of the energy to operate as compared to the models built in 1975. With improving efficiency to meet standards, manufacturers have increased the refrigerator size by 20% and provided user-friendly technological advancements such as through-the-door-ice, water tap on the door, and more buying options for consumers. – PowerPoint PPT presentation

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Title: Household Refrigerators & Freezers Market to grow at 2.7% CAGR from 2016 to 2025


1
Household Refrigerators Freezers Market share
to grow at 2.7 CAGR from 2016 to 2025 Global
Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Household Refrigerators And
Freezers Market
  • The report Household Refrigerators And Freezers
    Market Size By Product (Top Mounted Freezer,
    Bottom Mounted, Side-By-Side, French Door Bottom
    Freezer), Industry Analysis Report, Regional
    Outlook (U.S., Canada, Russia, Belarus,
    Kazakhstan, Armenia, Kyrgyzstan, Azerbaijan,
    Moldova, Tajikistan, Turkmenistan, Ukraine,
    Uzbekistan, China, India, Japan, Brazil, Mexico,
    Middle East, Africa), Application Growth
    Potential, Price Trends, Competitive Market Share
    Forecast, 2016 2025, says that household
    refrigerators and freezers market share to reach
    USD 78.22 billion by 2025, according to a new
    research report by Global Market Insights, Inc.
  • Shifting trends towards the energy efficient as
    well as eco-friendly products will drive
    household refrigerators and freezers market over
    the coming eight years.

3
Continued...
  • The latest energy efficiency standard demands the
    new models of refrigerators and freezers to cut
    their energy consumption by 20 25, which is
    pushing the manufacturers to spend heavily in RD
    to develop the high-efficiency refrigerators
    meeting the energy standards. The active
    partaking of the manufacturers along with the
    high demand from the consumers for the advanced
    refrigerators will enhance the household
    refrigerators freezers industry outlook over
    the coming timeframe.
  • The implementation of the new generation features
    such as smartphone connectivity and automated
    temperature adjustability in the refrigerators
    and freezers will surge the product demand.
    Gradually changing lifestyle in the rural areas
    along with increasing disposable income of the
    consumers will build a lucrative roadmap for
    household refrigerators and freezers industry
    trends over the period of 2016 to 2025. In
    addition, heavy investment by government in
    electrification across the rural areas will
    further boost the household refrigerators and
    freezers market trends significantly.

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Continued...
  • Additionally, compressor less refrigerator and
    freezers is one of the notable technological
    innovations, which will become a significant
    growth factor in the household refrigerators and
    freezers industry. An average refrigerator
    consumes 13.7 of the home energy which is the
    second highest usage rate after the air
    conditioner. Newly launched products having
    ENERGY STAR label are being incorporated at a
    rapid rate worldwide. French door bottom freezers
    to lead the household refrigerators and freezers
    product landscape
  • Top mounted freezer, French door bottom freezer,
    bottom mounted, and side-by-side are the
    prominent products of the household refrigerators
    and freezers market. Side-by-Side household
    refrigerators freezers market will register a
    CAGR of 4 over the coming eight years, driven by
    the rising consumption of the frozen and fast
    foods across the urban regions. Moreover,
    enhanced life style, easy financing options, and
    incorporation of maintenance free compressors
    will boost the demand for the side-by-side
    refrigerator.

6

Browse Full Market Research Report On Household
Refrigerators Freezers Market _at_
http//bit.ly/2gGZ0Ar Request for a Sample of
this Research Report _at_ https//www.gminsights.com/
request-sample/detail/849 https//www.gminsights.c
om/request-sample/detail/49
7
Continued...
  • French door bottom freezers accounted for 25 of
    the market share in 2015 and will grow
    lucratively over the coming years, owing to the
    growing demand for technically advanced products.
  • Geographically, U.S. contributed majorly towards
    the North America household refrigerators and
    freezers market share in 2015 and will grow
    noticeably over the coming timeframe, owing to
    the growing demand for eco-friendly products.
  • Europe household refrigerators and freezers
    industry is predicted to exhibit a lucrative
    growth rate over the coming eight years. The
    attributing factors towards the market growth are
    surging need of energy efficient products and
    rising disposable income.
  • The market players are focusing on technological
    developments to enhance the product portfolio in
    terms of better efficiency, as it is a major
    value add for the consumers leveraging a decent
    energy and cost saving for them. Whirlpool,
    Electrolux, Haier, Samsung, and L.G. are some of
    the major giants in the household refrigerators
    and freezers market. Other notable key players
    include Panasonic, Frigidaire, Bosch, and General
    Electric.

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Table Content of Household Refrigerators And
Freezers Market
  • Chapter 1 Methodology Scope
  • 1.1 Research Methodology
  • 1.1.1 Initial data exploration
  • 1.1.2 Statistical model and forecast
  • 1.1.3 Industry insights and validation
  • 1.2 Data Sources
  • Chapter 2 Executive Summary
  • 2.1 Household refrigerators and freezers
    industry 3600 synopsis, 2010 - 2025
  • 2.1.1 Business trends
  • 2.1.2 Regional trends
  • 2.1.3 Product trends

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Continued...
  • Chapter 3 Household Refrigerators and
    Freezers Industry Insights
  • 3.1 Household refrigerators and freezers
    industry segmentation
  • 3.2 Industry size and forecast, 2010 - 2025
  • 3.3 Industry ecosystem analysis
  • 3.3.1 Vendor matrix
  • 3.3.2 Distribution channel analysis
  • 3.3.3 Product cost structure analysis
  • 3.3.4 Profit margin indicators
  • 3.3.5 Customer insights
  • 3.4 Technology innovation landscape
  • 3.5 Regulatory landscape
  • 3.6 Household refrigerators and freezers
    industry impact forces
  • 3.6.1 Growth drivers
  • 3.6.1.1 Growing energy efficiency initiatives
  • 3.6.1.2 Increasing purchasing power
  • 3.6.1.3 Technological advancements in product
    development
  • 3.6.2 Industry pitfalls and challenges
  • 3.6.2.1 Significant untapped population base

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