Market Overview:
The global built-in wine coolers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for premium and luxury wines, rising disposable incomes, and growing awareness about wine storage and preservation among consumers. The global built-in wine coolers market can be segmented on the basis of type into dual zone wine coolers and single zone wine coolers. Dual zone wine coolers are expected to witness higher growth during the forecast period as they offer greater flexibility in terms of storage options for different types of wines. On the basis of application, the global built-in wine cooler market can be segmented into home use, commercial use, and other applications such as educational institutions and hospitals. Home use is expected to account for a major share of the global built-inwine cooler market duringthe forecast period owingto rising demand from affluent consumersfor premium wines.
Product Definition:
A built-in wine cooler is a refrigerator specifically designed to store wine bottles at the correct temperature. They come in various sizes, and some can even hold multiple cases of wine. A built-in wine cooler is important because it helps keep your wine collection organized and at the perfect temperature for aging or serving.
Dual Zone Wine Coolers:
Dual zone wine coolers are the latest trend in the built-in wine cooler market. It has been observed that consumers these days are more inclined towards having a place of their own where they can relax, have a drink and some snacks and enjoy watching television or listening to music. This is driving the demand for built-in dual zone wine coolers as it provides them with just that kind of an environment which they desire for themselves.
Single Zone Wine Coolers:
Single zone wine coolers are used in built-in wine cooler. It is a part of home appliances and kitchen equipment which helps in storing and cooling down the drinks such as red wines, white wines, sparkling wines or still beverages. The product has an advantage over traditional storage methods as it offers better temperature control for the preservation of these drinks for a longer period of time.
The product also helps to maintain the flavors.
Application Insights:
The commercial use segment dominated the global built-in wine coolers market in 2017, accounting for more than 60.0% share of the total revenue. The segment is projected to witness significant growth over the forecast period owing to rising demand from bars and restaurants at a global level. A growing number of hotels and restaurants at a domestic level has also supported this growth trend.
The home use category is expected to grow significantly over the forecast period owing to increasing consumer preference for compact appliances that can fit into smaller kitchen spaces as well as onto small countertops in modern day kitchens equipped with advanced technology features such as smart functions and LCD displays that display information about beverage contents or settings directly onto appliance faces without any physical contact between user and machine (touch screen).
Regional Analysis:
Europe dominated the global market in 2017 and is expected to continue its dominance over the forecast period. High consumption of wine, along with a large number of breweries, has resulted in Europe being a major market for built-in wine coolers. The U.K., Spain, Germany and Italy are among the largest consumers of wine across Europe; hence these countries accounted for significant share in global revenue estimates as well as within regional markets during 2017-18.
Asia Pacific is anticipated to be one of the fastest growing regional markets from 2018 to 2030 owing to increasing demand from emerging countries such as China and India that have been experiencing strong economic growth over recent years.
Growth Factors:
- Increasing demand for wine due to changing lifestyle and growing disposable income of consumers.
- Proliferation of wine culture and increasing awareness about the health benefits of consuming wine.
- Technological advancements in built-in wine coolers that offer features such as temperature control, humidity control, etc., which are helping to increase their adoption among consumers.
- Rising popularity of outdoor entertaining and home bar setups, which is driving the demand for built-in wine coolers.
- Growing number of women entering into the workforce and their preference for buying appliances that save time and effort, such as built-in wine coolers
Scope Of The Report
Report Attributes
Report Details
Report Title
Built-In Wine Coolers Market Research Report
By Type
Dual Zone Wine Coolers, Single Zone Wine Coolers
By Application
Home Use, Commercial Use, Other
By Companies
Haier, Vinotemp, MCA Corporation, KingsBottle, Avallon, Whirlpool, GE Appliances, Kegco, Danby, EdgeStar, Electrolux Appliances, Zero Zone, Hillphoenix, Ugur Cooling
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Built-In Wine Coolers Market Report Segments:
The global Built-In Wine Coolers market is segmented on the basis of:
Types
Dual Zone Wine Coolers, Single Zone Wine Coolers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Use, Commercial Use, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Haier
- Vinotemp
- MCA Corporation
- KingsBottle
- Avallon
- Whirlpool
- GE Appliances
- Kegco
- Danby
- EdgeStar
- Electrolux Appliances
- Zero Zone
- Hillphoenix
- Ugur Cooling
Highlights of The Built-In Wine Coolers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dual Zone Wine Coolers
- Single Zone Wine Coolers
- By Application:
- Home Use
- Commercial Use
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Built-In Wine Coolers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Built-in wine coolers are typically found in larger homes or commercial buildings. They are often installed in the basement, garage, or attic and use a refrigerant to keep wine chilled.
Some of the key players operating in the built-in wine coolers market are Haier, Vinotemp, MCA Corporation, KingsBottle, Avallon, Whirlpool, GE Appliances, Kegco, Danby, EdgeStar, Electrolux Appliances, Zero Zone, Hillphoenix, Ugur Cooling.
The built-in wine coolers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Built-In Wine Coolers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Built-In Wine Coolers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Built-In Wine Coolers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Built-In Wine Coolers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Built-In Wine Coolers Market Size & Forecast, 2020-2028
4.5.1 Built-In Wine Coolers Market Size and Y-o-Y Growth
4.5.2 Built-In Wine Coolers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Dual Zone Wine Coolers
5.2.2 Single Zone Wine Coolers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial Use
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Built-In Wine Coolers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Built-In Wine Coolers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Dual Zone Wine Coolers
9.6.2 Single Zone Wine Coolers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial Use
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Dual Zone Wine Coolers
10.6.2 Single Zone Wine Coolers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial Use
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Dual Zone Wine Coolers
11.6.2 Single Zone Wine Coolers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial Use
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Dual Zone Wine Coolers
12.6.2 Single Zone Wine Coolers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial Use
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Dual Zone Wine Coolers
13.6.2 Single Zone Wine Coolers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial Use
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Built-In Wine Coolers Market: Competitive Dashboard
14.2 Global Built-In Wine Coolers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Haier
14.3.2 Vinotemp
14.3.3 MCA Corporation
14.3.4 KingsBottle
14.3.5 Avallon
14.3.6 Whirlpool
14.3.7 GE Appliances
14.3.8 Kegco
14.3.9 Danby
14.3.10 EdgeStar
14.3.11 Electrolux Appliances
14.3.12 Zero Zone
14.3.13 Hillphoenix
14.3.14 Ugur Cooling
