Upright freezer is a vertical refrigeration unit unlike chest freezers which comes in a horizontal unit. Upright freezer are more useful when there is a space constraint in the area of operation. It vertically shelves, baskets and door bins making easy to organize and finding food in the freezer easy. Increasing demand from the middle class families in the developing economies is expected to drive the demand for upright freezer during the period of study. However, higher energy conservation standards and availability of the alternatives is expected to be key constraints for the growth of the under counter freezer market during the period of study.
This report identifies the global upright freezers market size in for the year 2014-2016, and forecast of the same for year 2021. It also highlights the potential growth opportunities in the coming years, while also reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to upright freezers market.
Geographically, Asia-Pacific dominated the
upright freezers market due to large number of households and bigger retail network consuming the upright freezers in the region due to climatic conditions. Asia-Pacific was followed by North America and Europe as the second and third largest consumer of upright freezers. Asia Pacific is projected to have the fastest growth, owing to rapidly expanding retail networks and increasing number of small and nuclear families requiring smaller freezing units to meet their daily needs especially in the major regional economies such as India and China in the region.
This report segments upright freezers market on the basis of upright end-use application, Type and regional market as follows:
- On the basis of end-use applications this report on upright freezers market is segmented as follows, covering all major end-use applications as follows: Household, Pharma & Retail Outlets, Hospitals, Schools & Administrative office, hotels & restaurents and Other
- On the basis of type this report on upright freezers market is segmented as follows, covering all major types as follows: Single door, Double door and Others
- This report on upright freezers has been further segmented into major regions, which includes detailed analysis of each region such as: North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW) covering all the major country level markets in each of the region
Sample Companies profiled in this report are:
- LG Corporation
- Samsung Electronics Co., Ltd