Vision Research Report, Recently Announced New Report on “household refrigerators and freezers market – Global Industry Analysis, Market Size, Share, Growth, Trends, Region Outlook, And Segment Forecasts, 2021 – 2030″.
Global “Household refrigerators and freezers market” Report 2021 covering manufacturers, regions, segments, forecast to 2030 is that the recent research report with correct information and extremely authentic info. The report provides insights on market share, market size, rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. The Household refrigerators and freezers research report focuses on the competitive surroundings that has section on company profile covering product specifications, geographical coverage, recent developments, revenue analysis, and market shares. what is more, the report offers strategic recommendations so as to help the consumers to align business goals.
The Household refrigerators and freezers market revenue share is set to grow at a yearly rate of 8.8% during 2021-2030, while its valuation is Projected to jump from $ 91.90 Bn in 2020 to $217.25 Bn in 2030.
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Report Highlights
The double door segment accounted for the highest revenue share of more than 87% in 2020 due to the high demand for products with several shelves, door bins, and adjustable freshness and temperature control features for the freezing compartment. The automatic frost-free cooling technology, one of the essential attributes of double door designs, also works in favor of the segment. Moreover, double door refrigerators offer more storage space with the systematic partition of compartments according to food and beverage items, making them more convenient and efficient.
The double door segment is further divided into top-mounted freezers, side by side, and French door. Among these, the French door segment is expected to witness the fastest growth during the forecast period. French door designs have separate spaces to store groceries, beverages, and other food items, and have freezers placed at the bottom, which offer extra shelf space and wide door bins as compared to any other refrigerators. This refrigeration equipment can assist in conserving energy as they allow easy access to smaller compartments while the others are closed.
The freestanding segment led the global market in 2020 accounting for a revenue share of more than 68%. Freestanding refrigerators, commonly called standalone equipment, are the most common variety of equipment. Since their inception, the products have witnessed several changes and enhancements in terms of design and ergonomic features. These appliances can be relocated quickly, which helps resolve the complexity of maintenance, repair, and operations. Furthermore, the availability of various types of standalone refrigeration equipment in the market, ranging from the right and left hinge options to French doors to considerable depth to store items, ensures segment growth.
The 15 to 30 cu. Ft. segment accounted for the highest revenue share of over 57.0% in 2020. Storage capacity is one of the primary factors considered when purchasing household refrigerators & freezers. The majority of the households worldwide require 4 to 6 cu. Ft. of storage space per adult. As the average family consists of three to four people, due to the rising global trend of a nuclear family, refrigerators with built-in freezers at mid-capacity ranges are being preferred for home use.
Asia Pacific accounted for the highest revenue share of over 45.0% in 2020 and is expected to retain its dominance over the forecast period. The region is a manufacturing hub featuring the presence of the headquarters of numerous leading market participants, such as Panasonic Corp., LG Electronics, Samsung, and Haier Group. In addition, rapid urbanization and government initiatives for the electrification of rural areas in developing countries, such as India, Nepal, Indonesia, the Philippines, and angladesh, will support the regional market growth.
Global Household refrigerators and freezers market report provides key statistics on the state of the trade and could be a valuable supply of steerage and direction for corporations and people curious about the market. The Household refrigerators and freezers trade trends and promoting channels analysed. Household refrigerators and freezers Market discovers numerous topics like regional market scope, product market numerous applications, market size consistent with specific product, sales and revenue by region, producing analysis, Industrial Chain, Market result Factors Analysis, market size forecast, and more. Finally, the practicableness of latest investment comes is evaluated and overall analysis conclusions offered.
Key Players
Market Segmentation
Global Household refrigerators and freezers Market: Drivers and Restrains
The analysis report has incorporated the analysis of various factors that augment the market’s growth. It constitutes trends, restraints, and drivers that remodel the market in either a positive or negative manner. This section additionally provides the scope of various segments and applications that may probably influence the market within the future. The elaborated info is predicated on current trends and historic milestones. This section additionally provides an analysis of the amount of production regarding the world market and regarding every kind from 2021-2030.
COVID-19 impact on the Household refrigerators and freezers market
COVID-19 is associate communicable disease caused by the novel coronavirus. for the most part unknown before this happening across the world, COVID-19 has captive from a regional crisis to a worldwide pandemic in precisely a matter of a number of weeks. the world Health Organization (WHO) declared COVID-19 as an epidemic on March 11, 2021.
COVID-19 has compact most the industries across the world by disrupting provide chains and impeding numerous industrial operations. COVID-19-responsive measures undertaken by governments, like lockdown and social distancing, led to the closure of producing plants in the initial stage of the pandemic. With only a few industrial operations allowed, the demand for numerous input product within the industrial sector has declined considerably.
Key Highlights Involved in the Market Research Report: –
Household refrigerators and freezers Market Study Coverage: It includes key market segments, key makers covered, the scope of product offered within the years thought of, world Household refrigerators and freezers Market and study objectives. in addition, it touches the segmentation study provided within the report on the idea of the sort of product and applications.
Household refrigerators and freezers Market executive Summary: This section emphasizes the key studies, market rate, competitive landscape, market drivers, trends, and problems additionally to the gross indicators.
Household refrigerators and freezers Market Production by Region: The report delivers knowledge associated with import and export, revenue, production, and key players of all regional markets studied area unit coated during this section.
Household refrigerators and freezers Market Profile of Manufacturers: Analysis of every market player profiled is elaborated during this section. This section conjointly provides SWOT analysis, products, production, value, capacity, and different very important factors of the individual player.
The report delivers a comprehensive study of all the segments and shares info concerning the leading regions within the market. This report additionally states import/export consumption, offer and demand Figures, cost, business share, policy, price, revenue, and gross margins.
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Structure Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Household Refrigerators And Freezers Market, By Door Type
7.1. Household Refrigerators And Freezers Market, by Door Type, 2021-2030
7.1.1. Single Door
7.1.1.1. Market Revenue and Forecast (2016-2030)
7.1.2. Double Door
7.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 8. Global Household Refrigerators And Freezers Market, By Structure
8.1. Household Refrigerators And Freezers Market, by Structure, 2021-2030
8.1.1. Built-in
8.1.1.1. Market Revenue and Forecast (2016-2030)
8.1.2. Freestanding
8.1.2.1. Market Revenue and Forecast (2016-2030)
Chapter 9. Global Household Refrigerators And Freezers Market, By Capacity
9.1. Household Refrigerators And Freezers Market, by Capacity, 2021-2030
9.1.1. Less than 15 cu. Ft.
9.1.1.1. Market Revenue and Forecast (2016-2030)
9.1.2. 15 to 30 cu. Ft.
9.1.2.1. Market Revenue and Forecast (2016-2030)
9.1.3. More than 30 cu. Ft.
9.1.3.1. Market Revenue and Forecast (2016-2030)
Chapter 10. Global Household Refrigerators And Freezers Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.1.2. Market Revenue and Forecast, by Structure (2016-2030)
10.1.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.1.4. U.S.
10.1.4.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.1.4.2. Market Revenue and Forecast, by Structure (2016-2030)
10.1.4.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.1.5. Rest of North America
10.1.5.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.1.5.2. Market Revenue and Forecast, by Structure (2016-2030)
10.1.5.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.2.2. Market Revenue and Forecast, by Structure (2016-2030)
10.2.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.2.4. UK
10.2.4.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.2.4.2. Market Revenue and Forecast, by Structure (2016-2030)
10.2.4.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.2.5. Germany
10.2.5.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.2.5.2. Market Revenue and Forecast, by Structure (2016-2030)
10.2.5.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.2.6. France
10.2.6.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.2.6.2. Market Revenue and Forecast, by Structure (2016-2030)
10.2.6.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.2.7. Rest of Europe
10.2.7.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.2.7.2. Market Revenue and Forecast, by Structure (2016-2030)
10.2.7.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.3.2. Market Revenue and Forecast, by Structure (2016-2030)
10.3.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.3.4. India
10.3.4.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.3.4.2. Market Revenue and Forecast, by Structure (2016-2030)
10.3.4.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.3.5. China
10.3.5.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.3.5.2. Market Revenue and Forecast, by Structure (2016-2030)
10.3.5.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.3.6. Japan
10.3.6.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.3.6.2. Market Revenue and Forecast, by Structure (2016-2030)
10.3.6.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.3.7. Rest of APAC
10.3.7.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.3.7.2. Market Revenue and Forecast, by Structure (2016-2030)
10.3.7.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.4.2. Market Revenue and Forecast, by Structure (2016-2030)
10.4.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.4.4. GCC
10.4.4.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.4.4.2. Market Revenue and Forecast, by Structure (2016-2030)
10.4.4.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.4.5. North Africa
10.4.5.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.4.5.2. Market Revenue and Forecast, by Structure (2016-2030)
10.4.5.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.4.6. South Africa
10.4.6.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.4.6.2. Market Revenue and Forecast, by Structure (2016-2030)
10.4.6.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.4.7. Rest of MEA
10.4.7.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.4.7.2. Market Revenue and Forecast, by Structure (2016-2030)
10.4.7.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.5.2. Market Revenue and Forecast, by Structure (2016-2030)
10.5.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.5.4. Brazil
10.5.4.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.5.4.2. Market Revenue and Forecast, by Structure (2016-2030)
10.5.4.3. Market Revenue and Forecast, by Capacity (2016-2030)
10.5.5. Rest of LATAM
10.5.5.1. Market Revenue and Forecast, by Door Type (2016-2030)
10.5.5.2. Market Revenue and Forecast, by Structure (2016-2030)
10.5.5.3. Market Revenue and Forecast, by Capacity (2016-2030)
Chapter 11. Company Profiles
11.1. AB Electrolux
11.1.1. Company Overview
11.1.2. Door Type Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Dover Corporation
11.2.1. Company Overview
11.2.2. Door Type Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. LG Electronics
11.3.1. Company Overview
11.3.2. Door Type Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Whirlpool Corporation
11.4.1. Company Overview
11.4.2. Door Type Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Samsung
11.5.1. Company Overview
11.5.2. Door Type Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Robert Bosch GmbH
11.6.1. Company Overview
11.6.2. Door Type Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
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