Market Overview:
The global drawer freezers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for frozen food products, rising disposable income, and growing number of restaurants and entertainment venues. In terms of type, the global drawer freezers market is segmented into two drawers, three drawers, four drawers, and others. Among these segments, the three-drawer freezer segment is expected to witness highest growth during the forecast period owing to its high capacity and flexibility in terms of storage space. In terms of application, the global drawer freezers market is segmented into restaurant sector, entertainment venues sector (such as cinemas), supermarket sector etc., wherein restaurants are expected to account for a major share in terms of revenue contribution during the forecast period.
Product Definition:
A drawer freezer is a type of freezer that has multiple drawers in which food can be stored. This type of freezer is beneficial because it allows for easy organization and access to the food. It is also important because it helps to preserve the food by keeping it at a consistent temperature.
Two Drawers:
The global two-drawer market size was valued at USD 3.6 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to the increasing demand for small appliances, such as refrigerators and freezers, across residential and commercial sectors worldwide.
Three Drawers:
The three-drawer chest freezer is a type of freezers that has three storage compartments, commonly known as the third drawer. It is designed to fit under the kitchen cabinets and generally used for storing away food items such as meat, fish, poultry and seafood. The other common use of this product includes keeping home appliances dry during those times when there’s no space in the regular pantry or refrigerator for storing them.
Application Insights:
The entertainment venues segment dominated the global drawer freezers market in 2017. The application of drawer freezers in theaters, auditoriums and other places of entertainment has become common owing to their ability to preserve food and beverages. Furthermore, increasing number of shows at various locations is expected to drive the demand for these machines over the forecast period.
The restaurant application segment is expected register a CAGR of XX% from 2018 to 2030 owing to an increase in demand for frozen prepared meals along with a rise in consumption patterns among consumers who prefer eating out over home cooked food items. In addition, growing trend towards gourmet dining experience will boost product adoption across restaurants over the next few years.
Increasing disposable income levels coupled with changing lifestyle have led people towards adopting western culture habits including gourmet dining experiences at expensive restaurants.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The U.S., as a leading country, has been witnessing increasing demand for convenient food storage units with proper temperature control over a long period of time. Moreover, the presence of major players and their continuous R&D activities are also contributing to market growth across this region.
Asia Pacific is expected to witness significant growth during the forecast period owing to rising population and changing lifestyles along with it; people are preferring ready-to-eat food products such as frozen foods which require less preparation time at home or work place rather than preparing fresh ones from scratch on daily basis. This trend is projected to increase product demand across this region during the forecast period from 2018 to 2030 timeframe.
Growth Factors:
- Increasing demand for frozen food: The global frozen food market is projected to grow at a CAGR of 5.4% from 2017 to 2022, reaching a value of USD 191.5 billion by 2022. This growth can be attributed to the increasing demand for convenience foods and the rising number of working women across the globe.
- Growing popularity of drawer freezers: Drawer freezers are becoming increasingly popular due to their space-saving design and efficient organization capabilities. This is driving their adoption in both residential and commercial establishments worldwide.
- Rising disposable income levels: Rising disposable income levels are enabling consumers in developed countries to purchase more expensive freezer appliances such as drawer freezers, resulting in higher market growth rates in these regions than in developing countries where incomes are still growing at a fast pace .
Scope Of The Report
Report Attributes
Report Details
Report Title
Drawer Freezers Market Research Report
By Type
Two Drawers, Three Drawers, Four Drawers
By Application
Restaurant, Entertainment Venues, Supermarket
By Companies
Carrier Commercial Refrigeration, Haier, Hoshizaki International, Panasonic, Dover Corporation, Epta SpA, Zhejiang Xingxing, AHT Cooling Systems GmbH, Ali Group, Frigoglass, Aucma, Ugur Cooling, Metalfrio Solutions, Illinois Tool Works Inc, Liebherr, Arneg
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Drawer Freezers Market Report Segments:
The global Drawer Freezers market is segmented on the basis of:
Types
Two Drawers, Three Drawers, Four Drawers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Restaurant, Entertainment Venues, Supermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Carrier Commercial Refrigeration
- Haier
- Hoshizaki International
- Panasonic
- Dover Corporation
- Epta SpA
- Zhejiang Xingxing
- AHT Cooling Systems GmbH
- Ali Group
- Frigoglass
- Aucma
- Ugur Cooling
- Metalfrio Solutions
- Illinois Tool Works Inc
- Liebherr
- Arneg
Highlights of The Drawer Freezers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Two Drawers
- Three Drawers
- Four Drawers
- By Application:
- Restaurant
- Entertainment Venues
- Supermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Drawer Freezers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Drawer freezers are a type of refrigerator that have drawers instead of shelves. They are typically smaller than standard refrigerators and can be more compact, which may be why they are popular in apartments or homes with limited space.
Some of the major players in the drawer freezers market are Carrier Commercial Refrigeration, Haier, Hoshizaki International, Panasonic, Dover Corporation, Epta SpA, Zhejiang Xingxing, AHT Cooling Systems GmbH, Ali Group, Frigoglass, Aucma, Ugur Cooling, Metalfrio Solutions, Illinois Tool Works Inc, Liebherr, Arneg.
The drawer freezers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Drawer Freezers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Drawer Freezers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Drawer Freezers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Drawer Freezers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Drawer Freezers Market Size & Forecast, 2018-2028
4.5.1 Drawer Freezers Market Size and Y-o-Y Growth
4.5.2 Drawer Freezers Market Absolute $ Opportunity
Chapter 5 Global Drawer Freezers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Drawer Freezers Market Size Forecast by Type
5.2.1 Two Drawers
5.2.2 Three Drawers
5.2.3 Four Drawers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Drawer Freezers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Drawer Freezers Market Size Forecast by Applications
6.2.1 Restaurant
6.2.2 Entertainment Venues
6.2.3 Supermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Drawer Freezers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Drawer Freezers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Drawer Freezers Analysis and Forecast
9.1 Introduction
9.2 North America Drawer Freezers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Drawer Freezers Market Size Forecast by Type
9.6.1 Two Drawers
9.6.2 Three Drawers
9.6.3 Four Drawers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Drawer Freezers Market Size Forecast by Applications
9.10.1 Restaurant
9.10.2 Entertainment Venues
9.10.3 Supermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Drawer Freezers Analysis and Forecast
10.1 Introduction
10.2 Europe Drawer Freezers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Drawer Freezers Market Size Forecast by Type
10.6.1 Two Drawers
10.6.2 Three Drawers
10.6.3 Four Drawers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Drawer Freezers Market Size Forecast by Applications
10.10.1 Restaurant
10.10.2 Entertainment Venues
10.10.3 Supermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Drawer Freezers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Drawer Freezers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Drawer Freezers Market Size Forecast by Type
11.6.1 Two Drawers
11.6.2 Three Drawers
11.6.3 Four Drawers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Drawer Freezers Market Size Forecast by Applications
11.10.1 Restaurant
11.10.2 Entertainment Venues
11.10.3 Supermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Drawer Freezers Analysis and Forecast
12.1 Introduction
12.2 Latin America Drawer Freezers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Drawer Freezers Market Size Forecast by Type
12.6.1 Two Drawers
12.6.2 Three Drawers
12.6.3 Four Drawers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Drawer Freezers Market Size Forecast by Applications
12.10.1 Restaurant
12.10.2 Entertainment Venues
12.10.3 Supermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Drawer Freezers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Drawer Freezers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Drawer Freezers Market Size Forecast by Type
13.6.1 Two Drawers
13.6.2 Three Drawers
13.6.3 Four Drawers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Drawer Freezers Market Size Forecast by Applications
13.10.1 Restaurant
13.10.2 Entertainment Venues
13.10.3 Supermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Drawer Freezers Market: Competitive Dashboard
14.2 Global Drawer Freezers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carrier Commercial Refrigeration
14.3.2 Haier
14.3.3 Hoshizaki International
14.3.4 Panasonic
14.3.5 Dover Corporation
14.3.6 Epta SpA
14.3.7 Zhejiang Xingxing
14.3.8 AHT Cooling Systems GmbH
14.3.9 Ali Group
14.3.10 Frigoglass
14.3.11 Aucma
14.3.12 Ugur Cooling
14.3.13 Metalfrio Solutions
14.3.14 Illinois Tool Works Inc
14.3.15 Liebherr
14.3.16 Arneg
