Global Household Refrigerators And Freezers (Single Door, Double Door, Side by Side Door, French Door) Market Report, 2018-2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 9, 2018--The “Household Refrigerators And Freezers Market Analysis Report By Refrigerator Door Type (Single Door, Double Door, Side by Side Door, French Door), By Freezer Location, And Segment Forecasts, 2018 - 2025” report has been added to ResearchAndMarkets.com’s offering.
The global household refrigerators and freezers market size is expected to reach USD 125.68 billion by 2025, progressing at a CAGR of 6.8% during the forecast period.
Growing investments in innovation of refrigerators units and rising income levels coupled with decline in product prices with high specifications availability are some of the key trends stimulating market growth. The refrigerator and freezer market is growing steadily with significant rise in rising consumer spending power and ease of financing schemes. Increasing inclination towards sophisticated brands is also likely to bolster the growth of the market over the coming years.
Household refrigerators and freezers buyers are very sensitive about costs associated and are often subject to buying inappropriate models with low prices and high electricity consumption. In such cases, they often end up buying refrigerators and freezers that are not considered energy efficient. Energy efficient models help in reducing electricity consumption and ultimately reduce costs related to units. Easily available consumer loans and other purchase schemes are expected to give a moral boost to price-sensitive consumers. In addition, attractive schemes presented by financial institutions and commercial banks are gaining attention of price sensitive consumers.
Increasing electrification and wide usage of internet sales are expected to propel the market for household refrigerators and freezers in rural and semi-urban areas. Furthermore, increasing nuclear families count and environmental changes are anticipated to boost the growth of the overall market. Urban families prefer to cook large meals ahead of time, which augments the necessity of a household refrigerator unit. Also, consumers prefer separate refrigerator units to store beverages.
Key Topics Covered:
Chapter 1 Report Scope
Chapter 2 Methodology
Chapter 3 Objectives
Chapter 4 Executive Summary
Chapter 5 Market Definitions
Chapter 6 Industry Outlook
Chapter 7 Market Summary
Chapter 8 Value Chain Analysis
Chapter 9 Competitive Landscape
Chapter 10 Household Refrigerators and Freezers Market - Market by Refrigerator Door Type
Chapter 11 Household Refrigerators and Freezers Market - Market by Freezer Location
Chapter 12 Regional Outlook
Chapter 13 Company ProfilesDover Corporation Electrolux Godrej Haier Inc. LG Electronics Liebherr Panasonic Corporation Robert Bosch GmbH Samsung Whirlpool Corporation
For more information about this report visit https://www.researchandmarkets.com/research/jwphns/global_household?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181109005319/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Household Appliances
INDUSTRY KEYWORD: HOME GOODS RETAIL
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 11/09/2018 09:30 AM/DISC: 11/09/2018 09:30 AM