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(HomeGarden247.com, December 14, 2017 ) The refrigerator market in developed regions is growing at a low rate because the household penetration rate for primary refrigeration appliance is already at a high level and has reached the mature stage. Refrigerator has become an essential durable for everyday household and is being used by consumers in developed countries for years now. With minimum average product lifespan of five years and maximum lifespan of 8-10 years, the product has long replacement cycles.
Publisher's analysts forecast the global refrigerator market to grow at a CAGR of 4.5% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global refrigerator market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of refrigerators worldwide.
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Key vendors -Electrolux -Haier -LG Electronics -Samsung Electronics -Whirlpool
Other prominent vendors -Arçelik -Bosch -Godrej -Hisense -Hitachi -Midea -Miele -Mitsubishi Electric -Panasonic -Sharp -Toshiba
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Market driver -Inclination toward more sophisticated and advanced models
Market challenge -Low replacement need due to high average lifespan
Market trend -Retro designs and color-rich patterns
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles
Browse complete report @ http://www.reportsweb.com/global-refrigerator-market-2016-2020
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Rajat Sahni
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Source: EmailWire.Com
Source: EmailWire.com
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