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Global Wine/Beverage Cooler Market Growth 2019-2024
SKU ID : LPI-13842192 | Publishing Date : 07-Feb-2019 | No. of pages : 163
Wine/beverage cooler is a type of cooler used for wine, beverage storage and cooling at home, in stores, in bars, etc.
The USA sales volume of wine/beverage cooler increases to 1588 K Units in 2016 from 1812 K Units in 2012, at a CAGR of more than 1.6%. In 2016, the USA wine/beverage cooler market is led by The Midwest, capturing about 26% of USA wine/beverage cooler sales volume. The South is the second-largest region-wise market with 19% USA Share, followed by New England (17%).
Wine/beverage cooler downstream is wide and recently wine/beverage cooler has acquired increasing significance in various fields of Home Use, Commercial Use and Other Applications. In the USA, the wine/beverage cooler market is mainly driven by growing demand for Home Use which account for nearly 60% of total downstream consumption of wine/beverage cooler in USA in 2016.
Based on types of wine/beverage cooler available in the market, the report separates the market into single zone wine/beverage cooler, dual zone wine/beverage cooler. The market for single zone wine/beverage cooler accounted for the largest market share in 2016, mainly owing to their high purity.
According to our research and analysis, manufacturers from China, India, Mexico, etc, are the key source in the international market of wine/beverage cooler. Despite the presence of competition problems, limiting of natural resources and low industry profits, there are few investments to enter the field to produce wine/beverage cooler at present.
At present, the major manufacturers of wine/beverage cooler are Haier, Vinotemp, NewAir, Eurodib, Magic Chef(MCA Corp), KingsBottle, Avallon, Frigidaire, Whirlpool, Allavino, Danby and EdgeStar, etc. The top five of them is holding about 50% sales market share in 2016.
According to this study, over the next five years the Wine/Beverage Cooler market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Wine/Beverage Cooler business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Wine/Beverage Cooler market by product type, application, key manufacturers and key regions and countries.
This study considers the Wine/Beverage Cooler value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Dual Zone
Single Zone
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Home Use
Commercial Use
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Haier
Vinotemp
NewAir
Eurodib
Magic Chef
KingsBottle
Avallon
Frigidaire
Whirlpool
GE
Allavino
Danby
EdgeStar
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Wine/Beverage Cooler consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Wine/Beverage Cooler market by identifying its various subsegments.
Focuses on the key global Wine/Beverage Cooler manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Wine/Beverage Cooler with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Wine/Beverage Cooler submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The USA sales volume of wine/beverage cooler increases to 1588 K Units in 2016 from 1812 K Units in 2012, at a CAGR of more than 1.6%. In 2016, the USA wine/beverage cooler market is led by The Midwest, capturing about 26% of USA wine/beverage cooler sales volume. The South is the second-largest region-wise market with 19% USA Share, followed by New England (17%).
Wine/beverage cooler downstream is wide and recently wine/beverage cooler has acquired increasing significance in various fields of Home Use, Commercial Use and Other Applications. In the USA, the wine/beverage cooler market is mainly driven by growing demand for Home Use which account for nearly 60% of total downstream consumption of wine/beverage cooler in USA in 2016.
Based on types of wine/beverage cooler available in the market, the report separates the market into single zone wine/beverage cooler, dual zone wine/beverage cooler. The market for single zone wine/beverage cooler accounted for the largest market share in 2016, mainly owing to their high purity.
According to our research and analysis, manufacturers from China, India, Mexico, etc, are the key source in the international market of wine/beverage cooler. Despite the presence of competition problems, limiting of natural resources and low industry profits, there are few investments to enter the field to produce wine/beverage cooler at present.
At present, the major manufacturers of wine/beverage cooler are Haier, Vinotemp, NewAir, Eurodib, Magic Chef(MCA Corp), KingsBottle, Avallon, Frigidaire, Whirlpool, Allavino, Danby and EdgeStar, etc. The top five of them is holding about 50% sales market share in 2016.
According to this study, over the next five years the Wine/Beverage Cooler market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Wine/Beverage Cooler business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Wine/Beverage Cooler market by product type, application, key manufacturers and key regions and countries.
This study considers the Wine/Beverage Cooler value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Dual Zone
Single Zone
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Home Use
Commercial Use
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Haier
Vinotemp
NewAir
Eurodib
Magic Chef
KingsBottle
Avallon
Frigidaire
Whirlpool
GE
Allavino
Danby
EdgeStar
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Wine/Beverage Cooler consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Wine/Beverage Cooler market by identifying its various subsegments.
Focuses on the key global Wine/Beverage Cooler manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Wine/Beverage Cooler with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Wine/Beverage Cooler submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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