Samsung has launched a new range of 3-Door convertible french door refrigerators in SEA freezer & beverage cooler market
The increasing sale of packaged food & beverages in South-East Asia countries is driving the growth of the SEA freezer & beverage cooler market. According to the Coherent Market Insights analysis, Indonesia had the highest packaged food sales in the region. Ice Cream, Chilled Processed Food, and Frozen Processed Food witnessed high sales growth in Indonesia. Thus, these factors are expected to foster the growth of the market. Increasing investment in research development activities is expected to offer bright opportunities to the SEA freezer & beverage cooler market. For instance, in November 2018, Midea Group introduced Toshiba brand home appliances including refrigerators and water heaters. Moreover, Indonesia is the largest populated country among the SEAn countries. It is also the fourth-most populous country in the world with 251.5 million people. The population is projected to reach 256.3 million by 2017 and 262.6 million by 2020. These factors are again expec...