Wednesday, 6 April 2016

Global Chest and Upright Freezer Market Share, Size, Trends and Growth, Analysis and Forecasts 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.

Technavio's analysts forecast the global chest freezer market to grow at a CAGR of 3.47% during the period 2016-2020.

Covered in this report
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.

Technavio's report, Global Chest and Upright Freezer Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The 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
 Qingdao Haier
 Sears Holdings

Other prominent vendros
 Avanti Products
 Midea Group
 Fisher and Paykel
 Summit Appliance

Market driver
 Growth in sales of frozen food products
 For a full, detailed list, view our report

Market challenge
 Threat from side-by-side refrigerators
 For a full, detailed list, view our report

Market trend
 Technological innovations
 For a full, detailed list, view our report

Key questions answered in this reports
 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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