Drawer Refrigerator Market 2021 Share, Growth and Regional Forecast

The latest industry research report on Drawer Refrigerator  by MRC provides a thorough analysis of the global Drawer Refrigerator  market. The report scrutinizes the market by different segments including regions, applications, competitive landscape, etc. over the predicted time frame. This report provides 360 Degree perspective of the Drawer Refrigerator  industry with an all-inclusive discussion of definitions, classifications, and market players in the industry chain structure. It features qualitative and quantitative analysis of the industry taking into consideration the significant development factors, competition in the market, and important reasons impacting the market growth.

Technavio Announces the Publication of its Research Report – Global Drawer Refrigerator Market 2017-2021

Technavio recognizes the following companies as the key players in the global drawer refrigerator market: DOMETIC GROUP AB, Felix Storch, Haier, Middleby Corporation, and Whirlpool

Get sample Copy of this Report @ https://marketreportscenter.com/request-sample/557821

Other Prominent Vendors in the market are: INDEL WEBASTO MARINE, Perlick Corporation, Robert Bosch GmbH, SUB-ZERO Group, and Vitrifrigo S.r.l.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Synchronization with studio apartments. The number of studio apartments has risen considerably in urban parts of the world. The popularity of studio apartments is accounted by the limited availability of space in urban cities. Studio apartments are characterized by a single room that serves as the dining hall, kitchen space, drawing room, and study room. Drawer refrigerators are extensively used in studio apartments owing to their high degree of fit and usability. They can be placed under the sink, table, next to the bed, or under the cooktop. Many customers have started shifting to drawer refrigerators owing to their custom-made build, size, and usability.”

According to the report, one of the major drivers for this market is Product innovation leading to premiumization of products. With the advent of technology and product innovations in the global drawer refrigerator market, manufacturers have come up with innovative refrigerator drawers in terms of design, build, quality, features, and storage capacity. The prices of drawer refrigerators, currently, range from $1,000 to $5,000. Consumers are willing to spend for drawer refrigerators that offer features like energy efficiency, customizable panels, and separate compartments designed for individual temperature settings. Product innovation when coupled with the addition of features leads to premiumization of the product. Consumers tend to invest heavily in premium brands that offer maximal value. Premiumization leads to improved customer engagement.

Further, the report states that one of the major factors hindering the growth of this market is Higher costs in comparison to small-sized (regular-door or French-door) refrigerators. Drawer refrigerators are priced higher than their traditional counterparts owing to the high degree of functionality associated with them. Traditional refrigerators are stand-up French-door refrigerators that may or may not consist of separate freezers on top. The degree of penetration of traditional refrigerators is high as people have a lot of options to choose from and they are cheaper than other refrigeration products.

Check Discount on Report at https://marketreportscenter.com/request-discount/557821

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Drawer Refrigerator

Drawer refrigerators are under-the-counter refrigerators that consist of drawer panels instead of doors. Drawer refrigerators let consumers store drinks, dairy products, meats, and vegetables, providing convenience to consumers. It has now become an essential part of traditional kitchen designs as well as modular kitchens, pubs, bars, restaurants, hotels, recreational vehicles (RVs), marines, consumer and passenger vehicles (CPVs), and quick service restaurants (QSRs). Drawer refrigerators can be customized and can be fit in stainless-steel cabinets with different panel options. They provide additional storage space to consumers and do not occupy much space.

Technavio’s analysts forecast the global drawer refrigerator market to grow at a CAGR of 7.26% during the period 2017-2021 .

Covered in this report
The report covers the present scenario and the growth prospects of the global drawer refrigerator market for 2017-2021 . To calculate the market size, the report considers the retail volume and value sales of the market.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio’s report, Global Drawer Refrigerator Market 2017-2021 , 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
• DOMETIC GROUP AB
• Felix Storch
• Haier
• Middleby Corporation
• Whirlpool
Other prominent vendors
• INDEL WEBASTO MARINE
• Perlick Corporation
• Robert Bosch GmbH
• SUB-ZERO Group
• Vitrifrigo S.r.l
Market driver
• Product innovation leading to premiumization of products
• For a full, detailed list, view our report

Market challenge
• Higher costs in comparison to small-sized (regular-door or French-door) refrigerators
• For a full, detailed list, view our report

Market trend
• Synchronization with studio apartments
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

The research report focuses on the analysis of its major geographies, and different segments. This all-inclusive study discusses the current market development and trends, important factors driving market growth like drivers, restraints, market projections, and market structure for each region and its sub-segments. It also provides glimpses on the recent technological advancements in the market along with detailed profiles of key industry players. The report also includes an analysis of the micro and macro aspects noteworthy for the present active and the new entities apart from the study of the value chain.

Key Topics Covered in the Report:

  • Comprehensive overview of parent market with market definition, classification
  • Recognition of factors influencing the market scenarios and analysis of market drivers, barriers, and their impact on the market growth
  • Current and future market trends, market scope and detailed market segmentation on the basis of application, region, and competitive scenario
  • Value Chain Analysis, Strategic insights, and market estimations
  • Technology, trends, developments, and changing market dynamics of the Cannabis Testing industry
  • Facts, stats, historical data, market size forecast regarding volume and value
  • Analysis of competitive landscape and assessments on a regional scale with company profiles of leading market players, finance metrics, product offerings and key business strategies and growth prospects for the projected period
  • Insights on prospective opportunities and challenges, success and risk

The report brings to your attention analysis of the Drawer Refrigerator market in major geographies including North America, Europe, the Asia-Pacific, and the Rest of the World. This research report provides a complete insight of the market trends and guides in making informed business decisions. It gives a clear understanding of the competitive environment, key market players, their portfolio, and strategies. It also features a technological growth map over a time and helps understand its impact on the market.

 

Market Scope

The research report takes different facets into consideration to scrutinize the global Drawer Refrigerator industry. It brings to your attention market overview, market trends and future outlook, market growth and dynamics, market challenges and opportunities, competitive landscape, and potential investment segment.

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