Emerging CAGR of 3.47% Global Chest and Upright Freezer Market Growth to Boost Market Between 2016-2020 Recently Syndicates Research Report And Present Overview On "Global Chest And Upright Freezer Market 2016-2020"


Albany, NY -- (SBWIRE) -- 01/22/2016 -- 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.

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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.

Market 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.

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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.

Key vendors

Qingdao Haier
Sears Holdings

Other prominent vendors

Avanti Products
Midea Group
Fisher and Paykel
Summit Appliance

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Market driver

Growth in sales of frozen food products
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Market challenge

Threat from side-by-side refrigerators
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Market trend

Technological innovations
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Key questions answered in this report

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?