EMEA Is The Main Revenue Contributor To Drawer Refrigerator Market Due To Demand For Innovative Appliances.
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According to MarketIntelReports' “Global Drawer Refrigerator Market 2017-2021”:
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Freezer drawers consist of drawer panels which let people store drinks, dairy products, meats, and vegetables. They are quite convenient for consumers.
The under counter fridge has become a part of the traditional kitchen design, pubs, bars, modular kitchens, recreational vehicles, and quick service restaurants. Consumers are choosing products which are environment friendly and offer high energy efficiency.
This makes the manufacturers in the Drawer Refrigerator Market to focus on products that meet the needs of the consumers.
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Due to the rising government regulations, the demand for the commercial refrigerator is expected to grow in the future.
Scope & Regional Forecast of the Drawer Refrigerator Market
The Drawer Refrigerator Market has become competitive with limited number of vendors and many manufacturers. The vendors follow a continuous innovation and improved brand positioning.
Manufacturers of the drawers for refrigerators focus on increasing the investments for a good inventory management. They also focus on giving a better sale experience to the customers.
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The commercial application segment had a bigger share in the market during 2016. The number of players and increase in the number of hotels and pubs contribute to the demand of built in freezer drawer.
Its usage in the speciality stores, department stores will propel the growth of the market. The preference of the consumers to purchase products from these stores can be beneficial for the compact drawer refrigerator.
EMEA dominates the Drawer Refrigerator Market. Changing lifestyles of the consumers, demand for innovative appliances spur the growth of the kitchen fridge drawers.
Drawer refrigerators can be fit into stainless steel cabinets with panel options which are different. They provide more storage space for the consumers.
Growing number of studio apartments have limited space in the urban cities. This drives the demand of the market.
Segmentations & Key Players Involved in the Drawer Refrigerator Market
The Drawer Refrigerator Market can be broken down into various segments as follows:
- Region- Americas, APAC, and EMEA.
Some of the key players involved in the Drawer Refrigerator Market are as follows:
- DOMETIC GROUP AB
• Felix Storch
• Middleby Corporation
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