French Door Refrigerator Market Size

French Door Refrigerator Market Analysis

A French door refrigerator is a combination of the side-by-side top with a bottom door that has narrow vertical and bottom spaces. The bottom space in the refrigerator consists of pullout drawers that are used as freezing compartments. The freezing space at the bottom is smaller than the conventional top-mount freezer and it is occupied by an ice maker. Currently, newer refrigerator models with four doors are also available. Such a model has two vertical spaces at the bottom of the refrigerator, which replace drawers. This helps increase the space available. Availability of French door refrigerators in varying dimensions, advanced freezing technology, and attractive designs have led to these refrigerators gaining popularity across the globe. In developed as well as developing economies, the presence of international as well as emerging players targeting their customers with cost-effective products integrated with the IoT (Internet of Things) technology is expected to fuel the demand for French door refrigerators in the next few years. Major players operating in the French door refrigerator market are focused on the development of innovative refrigerators by opting for newer freezing technologies that offer key advantages in terms of improvement in food quality and meeting consumers’ expectations. Emerging players in the market are focusing on collaborations with mega retailing channels and online platforms to increase the sale of their products. In addition, manufacturers of French door refrigerators are emphasizing the promotion of their refrigerators through celebrity endorsement. However, use of French door refrigerators powered by electric energy generated from fossil fuel is directly hampering the environment. Moreover, conventional refrigerators with advanced technologies can be a major substitute for French door refrigerators. These factors are projected to hinder the global French door refrigerator market.

COVID-19 has disrupted the global supply chain of the major brands of French door refrigerators. China is one of the largest consumers and producers of French door refrigerator products but also caters to a wide range of countries by exporting several input supplies that are essentially used to produce finished goods. Shut down of production in China has forced other French door refrigerator manufacturers based in the US and Europe to temporarily hold the production of the finished goods. This led to the increase in the supply and demand gap and the product market.