Market Overview:
The global freezer and beverage & 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 frozen food and beverages, especially in developing countries. In addition, the growing trend of home-based businesses is also contributing to the growth of this market. The global freezer and beverage & wine coolers market can be segmented on the basis of type into ice-cream freezers, chest freezers, upright freezers, beverage coolers, and wine coolers. The ice-cream freezers segment is expected to account for the largest share of the global freezer and beverage & wine coolers market in 2018. In terms Of Application ,the commercial sector accounted for majority share Of Global Freezer And Beverage Cooler Market In 2017 .This Is Expected To Continue Over The Forecast Period . Regionally North America Held Largest Share In Global Freezer And Beverage Cooler Market In 2017 .
Product Definition:
A freezer is a household appliance used to store food at very low temperatures. Beverage & wine coolers are appliances used to keep drinks cold, often in the same way as a refrigerator does for food. The importance of freezers and beverage & wine coolers lies in their ability to preserve food and drinks for extended periods of time, thus preventing spoilage or contamination.
Ice-cream Freezers:
An ice-cream freezer is a portable device used to store ice cream products such as bars, scoops, and blocks in the freezers. The product has been designed to maintain optimum quality of the product by freezing it at a suitable temperature range. It helps in preserving the nutritional value of food by keeping it frozen for a longer period of time.
Chest Freezers:
The chest freezers are the portable storage units that are used to store beverages such as wine, beer, spirits and soft drinks at a suitable temperature. The product is built in an insulated box having a thermally insulating lining of EPS or expanded polystyrene and metal tin plate on the bottom. The top portion of this device includes two hinged lids which can be closed to prevent any leakageages during transportation and also provide insulation from external temperatures.
Application Insights:
The commercial application segment held the largest share of more than 60.0% in 2017. The increasing number of restaurants, hotels and pubs at a global level is expected to remain a key factor driving the demand for freezers and beverage & wine coolers over the forecast period. Furthermore, an increase in spending on beverages such as cocktails, domestic wines and imported beer is anticipated to boost product demand over the next seven years.
Residential application segment was worth USD 1,000 million in 2017 owing to high product penetration in countries like China, India and Australia among others due to rising disposable income levels among consumers there. Furthermore, an increase in residential construction across various regions including North America is expected to drive market growth over the forecast period with respect to new residential installations only considering U.S.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is anticipated to continue its dominance over the forecast period. This growth can be attributed to increasing demand for convenient food products along with rising disposable income of consumers. Europe accounted for more than 25% of the global revenue share in 2017 owing to high consumption of frozen foods, especially in countries such as Germany, U.K., and France. Moreover, wine is a part of daily meals in European countries such as Spain and Italy; hence, it has been influencing the industry dynamics positively over last few years.
Growth Factors:
- Rising disposable income of consumers: The disposable income of the consumers is rising, which is resulting in an increase in the demand for freezer and beverage & wine coolers.
- Growing popularity of frozen food: The growing popularity of frozen food is leading to an increase in the demand for freezer coolers.
- Increasing trend of home entertaining: There is a growing trend among people to entertain guests at home, which is resulting in an increase in the demand for beverage & wine coolers.
- Proliferation of retail outlets: The proliferation of retail outlets is providing a convenient platform for consumers to purchase freezer and beverage & wine coolers, thereby driving market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Freezer and Beverage & Wine Coolers Market Research Report
By Type
Ice-cream Freezers, Chest Freezers, Upright Freezers, Beverage Coolers, Wine Coolers
By Application
Commercial, Residential
By Companies
Electrolux, Concepcion Industrial, Frigoglass, GE, Hoshizaki, Midea, PT. Royal Sutan Agung, Samemax, Sanden Intercool, Sharp Electronics, Electrolux
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Freezer and Beverage & Wine Coolers Market Report Segments:
The global Freezer and Beverage & Wine Coolers market is segmented on the basis of:
Types
Ice-cream Freezers, Chest Freezers, Upright Freezers, Beverage Coolers, 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
Commercial, Residential
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:
- Electrolux
- Concepcion Industrial
- Frigoglass
- GE
- Hoshizaki
- Midea
- PT. Royal Sutan Agung
- Samemax
- Sanden Intercool
- Sharp Electronics
- Electrolux
Highlights of The Freezer and Beverage & 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:
- Ice-cream Freezers
- Chest Freezers
- Upright Freezers
- Beverage Coolers
- Wine Coolers
- By Application:
- Commercial
- Residential
- 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 Freezer and Beverage & 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?
A freezer is a device that helps to keep food cold. A beverage & wine cooler is a larger, more expensive version of the typical kitchen refrigerator that can also be used to store food.
Some of the major players in the freezer and beverage & wine coolers market are Electrolux, Concepcion Industrial, Frigoglass, GE, Hoshizaki, Midea, PT. Royal Sutan Agung, Samemax, Sanden Intercool, Sharp Electronics, Electrolux.
The freezer and beverage & wine coolers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Freezer and Beverage & 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 Freezer and Beverage & Wine Coolers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Freezer and Beverage & 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 Freezer and Beverage & 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 Freezer and Beverage & Wine Coolers Market Size & Forecast, 2020-2028
4.5.1 Freezer and Beverage & Wine Coolers Market Size and Y-o-Y Growth
4.5.2 Freezer and Beverage & 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 Ice-cream Freezers
5.2.2 Chest Freezers
5.2.3 Upright Freezers
5.2.4 Beverage Coolers
5.2.5 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 Commercial
6.2.2 Residential
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Freezer and Beverage & 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 Freezer and Beverage & 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 Ice-cream Freezers
9.6.2 Chest Freezers
9.6.3 Upright Freezers
9.6.4 Beverage Coolers
9.6.5 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 Commercial
9.10.2 Residential
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 Ice-cream Freezers
10.6.2 Chest Freezers
10.6.3 Upright Freezers
10.6.4 Beverage Coolers
10.6.5 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 Commercial
10.10.2 Residential
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 Ice-cream Freezers
11.6.2 Chest Freezers
11.6.3 Upright Freezers
11.6.4 Beverage Coolers
11.6.5 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 Commercial
11.10.2 Residential
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 Ice-cream Freezers
12.6.2 Chest Freezers
12.6.3 Upright Freezers
12.6.4 Beverage Coolers
12.6.5 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 Commercial
12.10.2 Residential
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 Ice-cream Freezers
13.6.2 Chest Freezers
13.6.3 Upright Freezers
13.6.4 Beverage Coolers
13.6.5 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 Commercial
13.10.2 Residential
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 Freezer and Beverage & Wine Coolers Market: Competitive Dashboard
14.2 Global Freezer and Beverage & Wine Coolers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Electrolux
14.3.2 Concepcion Industrial
14.3.3 Frigoglass
14.3.4 GE
14.3.5 Hoshizaki
14.3.6 Midea
14.3.7 PT. Royal Sutan Agung
14.3.8 Samemax
14.3.9 Sanden Intercool
14.3.10 Sharp Electronics
14.3.11 Electrolux
