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Research and Markets - Global Refrigerator Market CAGR Growth of 4.5% by 2020 - Trends, Technologies & Opportunities Report 2016-2020 - Vendors: Samsung Electronics, Whirlpool, BoschDUBLIN, October 13, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Refrigerator Market 2016-2020" report to their offering. The global refrigerator market is forecast to grow at a CAGR of 4.5% during the period 2016-2020. According to the report, warmer or hotter weather condition is the primary driver for the refrigerator market. The hot and humid weather conditions have made consumers increasingly concerned about food spoilage and hygiene levels (for cooked food, perishable food items, beverages, and others) and have generated the demand for efficient refrigerators. The low temperatures inside the refrigerator slow down the growth of microorganisms and the rate of chemical (including enzymes) changes in food. This allows for food storage for a few days until consumption. Further, the report states that the high cost of refrigerator types like freezer-on-bottom refrigerators and smart connected refrigerators is hindering the growth of the market. The prices offered by global players are very high, which pose a significant challenge as most end-users in developing countries (like India and China) are reluctant to make such pemium purchases, which affects the overall revenue of the global refrigerator market. The high cost of these refrigerators allows only the elite section of the population to adopt these refrigerators. Questions Answered:
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Report Structure: 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 freezer location PART 07: Market segmentation by door type PART 08: Market segmentation by distribution channel PART 09: Geographical segmentation PART 10: Key leading countries PART 11: Market drivers PART 12: Impact of drivers PART 13: Market challenges PART 14: Impact of drivers and challenges PART 15: Market trends PART 16: Vendor landscape PART 17: Key vendor analysis PART 18: Appendix PART 19: About the Author For more information about this report visit http://www.researchandmarkets.com/research/7v4mq9/global Media Contact: Research and Markets Laura Wood, Senior Manager For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716
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