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Freezer Market Share
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
Who are the major freezer industry players?
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.
What is the size of Asia Pacific freezer market?
Asia Pacific industry held 45% share in 2023 due to the region
Why is the demand for upright freezers rising?
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.
How big is the freezer market?
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.