Freezers - Dominican Republic
Dominican Republic- In 2024, the revenue in the Freezers market in the Dominican Republic amounts to US$28.24m.
- It is projected that the market will experience an annual growth rate of 3.49% (CAGR 2024-2029).
- When compared globally, China generates the highest revenue in this segment, with US$5bn in 2024.
- In terms of per household revenues, in 2024, each household in the Dominican Republic generates US$11.04.
- Looking ahead, by 2029, the volume in the Freezers market is expected to reach 68.7k pieces.
- However, there will be a slight decline in volume growth, with 1.0% expected in 2025.0.
- On average, each household in the Dominican Republic is forecasted to have a volume of 0.03pieces in the Freezers market in 2024.
- The demand for freezers in the Dominican Republic has been steadily increasing due to the rising popularity of frozen food products among consumers.
- Key regions:
- Indonesia,
- Japan,
- India,
- Germany,
- Europe
Definition: Freezers are a class of appliances specifically designed to cool stored items at a temperature of -18° C or below. This category includes both freezers and deep freezers with a maximum capacity of 900 liters. Furthermore, professional appliances utilized in gastronomy are also part of this classification. It is important to note that freezer compartments are not considered freezers and thus, are not included in this category.
Additional Information: The market comprises key performance indicators such as revenues, volume, price per unit, average revenue and volume per household, and sales channels.
Note that the volume sales only refer to B2C (business to consumer) sales, via both the offline and the online channel. The average revenue and volume per household are determined by dividing the revenues and volume by the number of households, where a household refers to a house and its occupants, regarded as a unit. Finally, price per unit refers to the cost of a single unit of the product.
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In-Scope
- Freezers
- Deep freezers
Out-Of-Scope
- Feezers with a maximum capacity of more than 900l
- Fridge freezers
