DUBLIN, Jan. 26, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/fm998c/global_chest_and) has announced the addition of the "Global Chest and Upright Freezer Market 2016-2020" report to their offering.
The 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.
The 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 also includes a discussion of the key vendors operating in this market.
The introduction of built-in varieties of upright freezers and the use of e-commerce for sales are the major trends that will drive the global chest and upright freezer market.
According to the report, the demand for chest and upright freezers during the forecast period will be driven primarily by the booming frozen food market, and by kitchen renovations being carried out by consumers who are conscious about space and aesthetics.
Further, the report states that one of the main challenges for the chest and upright freezer market is the popularity of refrigerators. Product innovations, such as increased focus on convenience and efficiency, by refrigerator vendors create an additional pressure on market players. One such innovation is the side-by-side refrigerator. These models include two vertical, side-by-side sections of freezer and fridge.
- Qingdao Haier
- Sears Holdings
Other prominent vendors
- Avanti Products
- Midea Group
- Fisher and Paykel
- Summit Appliance
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Key vendor analysis
Part 15: Appendix
For more information visit http://www.researchandmarkets.com/research/fm998c/global_chest_and
Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets