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Freezer Market Share

Report ID: GMI10292
Published Date: Jul 2024
Report Format: PDF

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Freezer Market Share

Freezer Market Company Share Analysis, (2023)

The global freezer industry is highly fragmented in nature with prominent players operating in the market such as AB Electrolux, ThermoFisher Scientific, Haier, Hitachi Ltd, and Daikin Industries. These together hold a market share of 15% to 20%. While there are established companies with a significant market share, there are also numerous smaller regional and niche manufacturers offering specialized freezers. This creates a competitive landscape with diverse options for buyers. This allows for specialization among manufacturers, further contributing to fragmentation.

Freezer Market Companies

Major players operating in the freezer industry include:

AB Electrolux
ThermoFisher Scientific
Haier
Hitachi Ltd
Daikin Industries
Aucma Co.Ltd.
BSH Hausgerate GmBH (Bosch Group)
Danby Appliances Co
LIEBHERR
LG Electronics
Dover Corporation
Whirlpool Corporation
SAMSUNG
PHC Holdings Corporation
Eppendorf SE

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

Industry size for freezer was worth USD 17.6 billion in 2023 and will expand at 3% CAGR between 2024 and 2032, owing to increasing demand for frozen foods, advancements in freezer technology, and rising disposable incomes.

The upright freezer industry will surpass USD 5.79 billion by 2032, propelled by its space-saving design and user-friendly features along with rising consumer preference for flexible storage options and modern kitchen aesthetics.

Asia Pacific industry held 45% share in 2023 due to the region’s rapid urbanization, increasing disposable incomes, and changing consumer lifestyles.

AB Electrolux, Haier, Hitachi Ltd, Daikin Industries, Danby Appliances Co, LIEBHERR, LG Electronics, Dover Corporation, Whirlpool Corporation, SAMSUNG, PHC Holdings Corporation, and Eppendorf SE, are operating in the market.