Market Overview:
The global dual zone 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 dual zone wine coolers market can be segmented on the basis of type into thermoelectric wine coolers and compressor wine coolers. The thermoelectric wine cooler segment is expected to grow at a higher CAGR than the compressor wine cooler segment during the forecast period from 2018 to 2030. This can be attributed to their low power consumption, silent operation, portability, and easy installation features as compared with compressor-based models. On the basis of application, the global dual zone wine coolers market can be divided into home use and commercial use segments. The home use segment is anticipated to account for a larger share of this market in terms of revenue during 2018-2030 owing to rising consumer demand for premium wines across regions worldwide coupled with an increase in residential construction activities globally.
Product Definition:
A Dual Zone Wine Cooler is a wine refrigerator that has two temperature zones, one for red wines and one for white wines. This allows you to store both types of wine at the correct temperature, which can improve the taste and quality of the wine.
Thermoelectric Wine Coolers:
Thermoelectric wine coolers are cooling devices that use the principle of thermopile. Thermoplastic and thermoelectric materials are both used in the manufacturing process. These products have high thermal conductivity, low heat transfer coefficient and a wide range of temperature difference sensitivity. The most common applications include commercial refrigeration for shipping, storage & display as well as household refrigeration for food & beverage processing industries.
Compressor Wine Coolers:
Compressor wine coolers are used in a dual zone wine cooler. It is an electrical device that helps in maintaining the temperature of wines at desired levels. The compressor acts as an invisible yet powerful filter, which eliminates all kinds of vibrations and air turbulence created around the bottles, thus ensuring uniform temperature for every bottle stored in the cooler.
The compressors work on a simple principle; they use a diaphragm mechanism to reduce fluctuations in pressure.
Application Insights:
The commercial use segment dominated the global dual zone wine coolers market in 2017, accounting for over 60% of the revenue share. The segment is expected to witness significant growth during the forecast period on account of increasing demand from restaurants and bars.
The home use category is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising disposable income among consumers across various regions including Asia Pacific and Middle East & Africa. Dual-zone wine cooler offers advanced features such as auto changeover between reds and whites modes that ensure ideal drinking temperature for both white and red wines with no compromise on quality. This innovation has led into increased adoption among consumers who are looking for superior quality beverages at an affordable price tag.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market, expanding at a CAGR of XX% from 2018 to 2030. This growth can be attributed to increasing number of commercial facilities and rising disposable income in emerging countries such as China and India. Moreover, growing trend of miniaturization in this region will make it convenient for consumers and increase adoption rate in domestic applications.
North America accounted for more than 25% share of global revenue in 2017 owing to high demand from U.S., which has one of the largest wine consumption markets across the globe. Europe is also estimated to witness significant growth due to increasing awareness regarding advanced wine cooler products with features such as temperature control panel, digital display etc.
Growth Factors:
- Increasing demand for premium wine: The global wine market is growing at a CAGR of around 2% and is expected to reach 0 billion by 2025. This growth is being driven by the increasing demand for premium wines, which are becoming more popular among consumers. Dual zone wine coolers offer an ideal storage solution for premium wines, as they can maintain the optimal temperature and humidity levels required for these wines.
- Rising disposable incomes: A key driver of the growth of the global wine market is rising disposable incomes, especially in developing countries such as China and India. Dual zone wine coolers are becoming increasingly popular in these countries due to their ability to store both red and white wines at the perfect temperature.
- Growing awareness about quality wines: There has been a growing awareness about quality wines in recent years, with consumers increasingly looking for high-quality products that offer good value for money. Dual zone wine coolers provide an excellent storage solution for high-quality wines, helping to preserve their flavor and aroma over time.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dual Zone Wine Coolers Market Research Report
By Type
Thermoelectric Wine Coolers, Compressor Wine Coolers, Other
By Application
Home Use, Commercial Use
By Companies
Haier, Frigidaire, Whirlpool, Kegco, Danby, Electrolux Appliances, Panasonic, Ugur Cooling, Heatcraft Refrigeration Products, Vinotemp, NewAir, Eurodib
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
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Dual Zone Wine Coolers Market Report Segments:
The global Dual Zone Wine Coolers market is segmented on the basis of:
Types
Thermoelectric Wine Coolers, Compressor Wine Coolers, Other
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
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
- Frigidaire
- Whirlpool
- Kegco
- Danby
- Electrolux Appliances
- Panasonic
- Ugur Cooling
- Heatcraft Refrigeration Products
- Vinotemp
- NewAir
- Eurodib
Highlights of The Dual Zone 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:
- Thermoelectric Wine Coolers
- Compressor Wine Coolers
- Other
- By Application:
- Home Use
- Commercial Use
- 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 Dual Zone 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?
Dual Zone Wine Coolers are a type of wine refrigerator that allow you to store two types of wines in separate compartments. This allows you to have different wines at different temperatures, which can be helpful if you want to drink one wine while cooking and another while eating.
Some of the major companies in the dual zone wine coolers market are Haier, Frigidaire, Whirlpool, Kegco, Danby, Electrolux Appliances, Panasonic, Ugur Cooling, Heatcraft Refrigeration Products, Vinotemp, NewAir, Eurodib.
The dual zone 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 Dual Zone 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 Dual Zone Wine Coolers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Dual Zone 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 Dual Zone 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 Dual Zone Wine Coolers Market Size & Forecast, 2020-2028
4.5.1 Dual Zone Wine Coolers Market Size and Y-o-Y Growth
4.5.2 Dual Zone 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 Thermoelectric Wine Coolers
5.2.2 Compressor Wine Coolers
5.2.3 Other
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
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dual Zone 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 Dual Zone 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 Thermoelectric Wine Coolers
9.6.2 Compressor Wine Coolers
9.6.3 Other
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
9.11 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 Thermoelectric Wine Coolers
10.6.2 Compressor Wine Coolers
10.6.3 Other
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
10.11 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 Thermoelectric Wine Coolers
11.6.2 Compressor Wine Coolers
11.6.3 Other
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
11.11 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 Thermoelectric Wine Coolers
12.6.2 Compressor Wine Coolers
12.6.3 Other
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
12.11 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 Thermoelectric Wine Coolers
13.6.2 Compressor Wine Coolers
13.6.3 Other
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
13.11 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 Dual Zone Wine Coolers Market: Competitive Dashboard
14.2 Global Dual Zone Wine Coolers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Haier
14.3.2 Frigidaire
14.3.3 Whirlpool
14.3.4 Kegco
14.3.5 Danby
14.3.6 Electrolux Appliances
14.3.7 Panasonic
14.3.8 Ugur Cooling
14.3.9 Heatcraft Refrigeration Products
14.3.10 Vinotemp
14.3.11 NewAir
14.3.12 Eurodib
