The Business Research Company’s Freezers Global Market Report 2021: COVID-19 Impact And Recovery
LONDON, GREATER LONDON, UK, October 5, 2021 /EINPresswire.com/ — According to the new market research report ‘Freezers Global Market Report 2021: COVID-19 Impact And Recovery’ published by The Business Research Company, the freezers market size is expected to grow from $11.72 billion in 2020 to $12.17 billion in 2021 at a compound annual growth rate (CAGR) of 3.8%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $13.83 billion in 2025 at a CAGR of 3%. The increasing consumption of processed food products such as frozen meat, vegetables, dairy products as well as change in the dietary habits of consumers is driving the freezers market growth.
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The home freezers market consists of sales of home freezers. A freezer is a larger container where temperature is maintained below the freezing point for storing the food inside for longer periods.
Trends In The Global Freezers Market
Freezer manufacturers are implementing technologies such as IoT and embedded sensors in their products to improve overall functionality. Manufacturers are introducing advanced human machine interface designs in freezers and also manufacturing freezers that can automatically recognize the type and weight of the food stored in the refrigerators, adjust and monitor the temperature as per requirement.
Global Freezers Market Segments:
The global freezers market is further segmented based on product, application, type of door, capacity and geography.
By Product: Chest Freezer, Upright Freezer, Others
By Application: Residential, Commercial, Industrial
By Type Of Door: 1 Door, 2 Door, 3 Door, 4 Door
By Capacity: 200 & below, 200-300, 300-500, 500 & Above
By Geography: The global freezer market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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Freezers Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides freezers market overviews, analyzes and forecasts market size and growth for the global freezers market, freezers market share, freezers market players, freezers market segments and geographies, freezers market’s leading competitors’ revenues, profiles and market shares. The freezers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Freezers Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Freezers Market Organizations Covered: Daihan Scientific, ThermoFisher Scientific, Haier Group Corporation, AB Electrolux, Hitachi Ltd, LG Electronics, Liebherr Group, Siemens Home Appliances, Brandt, Beverage-Air Corporation, Brandt Electric, Panasonic Corporation, Whirlpool Corporation, Hengel Industries, True Manufcaturing, Diamond Engineering Works, Rock well Industries Ltd, Western Refrigeration Private Ltd, Newtronic Life Care Equipment Pvt Ltd, Remi Group, Ice Make, Elan Professional Appliances Pvt Ltd, Star Scientific Instruments, Macro Scientific Works.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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Here is a list of reports from The Business Research Company similar to the Freezers Global Market Report 2021:
Ultra-Low Temperature Freezers Global Market Report 2021 – By Type (Chest Freezers, Upright Freezer), By Application (Blood And Blood Products, Organs, Pharmaceuticals, Forensic, Genomic Research), By End User (Bio-Banks, Pharmaceutical And Biotechnology Companies, Academic And Research Laboratories), COVID-19 Implications And Growth
Refrigerators Global Market Report 2021 – By Type (Single-Door, Double-Door, French-Door), By Distribution Channel (Specialty Retailers, Department Stores, Mass Retailers/Hypermarkets/Supermarkets, Discount Stores, Online), By Application (Household, Commercial Use, Industrial Use), By Freezer Location (Freezer-On-Top, Freezer-On-Bottom, Freezer-Less). COVID-19 Impact And Recovery
Household Refrigerator And Home Freezer Global Market Report 2021 – By Type (Refrigerators, Freezers, Ice Boxes, Refrigerator/Freezer Combinations), By Refrigerator Door Type (Single Door, Double Door, Side By Side Door, French Door), By Freezer Location (Freezer On Top, Freezer On Bottom, Freezer Less), By Application (Frozen Vegetable And Fruit, Frozen Meat, Other Applications), By Application (By Distribution Channel, Specialty Stores, Supermarkets/Hypermarkets, Online), COVID-19 Impact And Recovery
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