The global glass door refrigerators market is anticipated to grow at a CAGR of 8.1 % during the forecast period (2022-2028). Glass door refrigerators are with attractive display and aid in inventory management. If the shelves are well-organized, the users are allow to make the storage space.
Some driving factors for the global glass door refrigerators market are:
- Over the years, the food and beverage business is changing rapidly. The usage of convenience foods has significantly increased which is supporting the glass door refrigerators market significantly during the forecast period.
- Refrigerators with glass doors allow customers to see, decide, and purchase any goods they desire. Furthermore, these doors are resistant to dents and scratches. The market for glass door refrigerators will expand faster as a result of these considerations.
- The growing influence of urbanization in developing countries has resulted in an increase in the number of malls and hypermarkets in several region. On a large scale, these establishments use glass door refrigerators.
- The number of shopping malls and convenience stores is increasing in densely populated countries such as India and China which will have a significant impact on the growth rate.
Some major players in the market include Beverage-Air Corp., Dover Corp., Epta S.p.A. Haier Group Corp., and Hussmann Corp., among others. The market players are additionally, contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, in order to stay competitive in the market. For instance,
- In April 2022, In India, Whirlpool unveiled its all-new Neo Fresh Glassdoor Frost-Free refrigerator line. The frost-free range has been skillfully created for Indian households, based on solid customer insight. Neo Fresh Glassdoor fulfills all of the design, aesthetic, innovation, and technological requirements.
- In August 2019, Haier announced the release of the HRF-748CG/KG, a premium glass finish side by side refrigerator. The new side-by-side refrigerator is created with immaculate appearances and aesthetics, with a great quality glass finish, and it comes with modern features for efficient performance.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Beverage-Air Corp., Dover Corp., Epta S.p.A. Haier Group Corp., and Hussmann Corp., among others.
A full report is available at: https://orionmarketreports.com/global-glass-door-refrigerators-market/112565/
Global Glass Door Refrigerators Market Report by Segment
By Type
- Hinged Doors
- Sliding Doors
By Application
- Beverage Refrigerators
- Freezers & Refrigerators
- Glass Door Merchandisers
- Refrigerated Vending Machines
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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