The global Wine Refrigerators market was valued at US$ 1623.6 million in 2019 and it is expected to reach US$ 2262.5 million by the end of 2026, growing at a CAGR of 4.8% during 2021-2026.
A wine refrigerator, also called wine cooler, is made especially to chill wine to the perfect serving temperature for great taste.
USA is the largest Consumption of Wine Refrigerators, with a sales market share nearly 34.55% In 2018.
The second place is Europe; following USA with the sales market share over 29.04% In 2018. Asia is another important production market of Wine Refrigerators.
There are four kinds of Wine Refrigerators Small Chillers (Wine Coolers, Wine Chillers), Small Built-In Refrigerators, Medium-Size Wine Refrigerator and Large-Size Wine Refrigerator. Report data showed that 65.51% of the Wine Refrigerators market demand in Small Chillers (Wine Coolers, Wine Chillers), 7.69% in Small Built-In Refrigerators, 26.80% in Medium-Size Wine Refrigerator and 7.61% in Large-Size Wine Refrigerator In 2018.
Wine Refrigerators are sold by channels such as Specialty Store, DIY, Online Shopping and Supermarket. Specialty Store is important in the channels, with a sales market share nearly 48.26% In 2018.
Global Wine Refrigerators Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Wine Refrigerators Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Haier, Danby, Electrolux, Avanti, Vinotemp, Eurocave, U-Line, Viking Range, La Sommeliere, Climadiff, Newair, Shenzhen Raching Technology, Bosch, Perlick, Sicao, Vrbon, Whynter, Yehos and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-wine-refrigerators-market-research-report
Segment by Type
- Small Chillers (Wine Coolers, Wine Chillers)
- Small Built-In Refrigerators
- Medium-Size Wine Refrigerator
- Large-Size Wine Refrigerator
Segment by Application
- Specialty Store
- Online Shopping
Table of Content:
1 Wine Refrigerators Market Overview
2 Wine Refrigerators Market Competition by Manufacturers
3 Wine Refrigerators Retrospective Market Scenario by Region
4 Global Wine Refrigerators Historic Market Analysis by Type
5 Global Wine Refrigerators Historic Market Analysis by Application
6 Key Companies Profiled
7 Wine Refrigerators Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Wine Refrigerators Market Dynamics
10 Global Wine Refrigerators Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.