Market Overview:
The global portable fridges market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as, increasing demand for energy efficient and compact appliances, rising disposable income and technological advancements. Based on type, the compressor portable fridges segment is expected to hold the largest share in the global portable fridges market during the forecast period. This can be attributed to their high efficiency and low power consumption as compared to other types of portable fridges available in the market. Based on application, home segment is projected to hold a major share in terms of revenue contribution followed by office applications during 2018-2030.
Product Definition:
A portable fridge is a device that is designed to keep food and drinks cold. It can be plugged into the wall or run on batteries. Portable fridges are important because they allow people to have cold food and drinks while on the go.
Compressor Portable Fridges:
Compressor portable fridges are designed to offer the same level of cooling as that of a fixed size refrigerator, but in a compact and mobile form. Compressor portable fridges can be used for both commercial and residential purposes. They are available in different sizes ranging from 3 cu. ft to 10 cu. ft.
Absorption Portable Fridges:
Absorption portable fridges are used to store and preserve food products at extremely low temperatures. These absorption refrigerators are also known as cold boxes or heat boxes, depending upon the type of technology used for cooling. Absorption portable fridges use a combination of thermal mass and convection technology which is highly efficient in preserving perishable goods such as meat, fish, dairy products, vegetables & fruits along with other eatables for a longer duration without any damage.
Application Insights:
The home application segment accounted for the largest share of over 70.0% in 2017. The growing trend of purchasing portable refrigerators as a gift for newlyweds from parents and relatives has been driving the demand for these products at homes, especially in North America and Europe. Portable fridges are widely used at hotels, restaurants, pubs, clubs and other public eateries on account of their ability to maintain food quality and keep beverages cold throughout its life span.
The office application segment is expected to expand at the fastest CAGR of XX% from 2018 to 2030 owing to increasing use by commercial establishments such as bars, restaurants and hotels across various regions including Asia Pacific, Latin America and Europe.
Regional Analysis:
North America dominated the market in 2017 owing to the high demand for convenient food storage solutions from U.S. and Canada. The growing trend of eating on-the-go, along with increasing awareness regarding health benefits of frozen foods, is expected to further propel the regional growth over the forecast period.
Asia Pacific portable fridge market is anticipated to witness significant growth over the forecast period owing to rising disposable income and changing lifestyles of consumers in countries such as China, India, Thailand.
Europe portable fridge industry has been witnessing healthy growth since past few years on account of increasing consumer spending power coupled with rising adoption by consumers towards more convenient way of food storage especially during travels & camping activities which will lead them towards opting for portable models rather than fixed units thus positively impacting overall industry trends across this region at a significant rate over next eight years from 2018 to 2030 time frame).
Growth Factors:
- Increasing demand for convenience and portability in food storage
- Rising popularity of outdoor activities and travel, especially among millennials
- Growing number of single-person households and small apartments
- Proliferation of smart home technology that can integrate with portable fridges 5. Advances in battery technology that make portable fridges more efficient
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Fridges Market Research Report
By Type
Compressor Portable Fridges, Absorption Portable Fridges, Thermoelectric Portable Fridges
By Application
Home, Office, Automotive, Ship, Others
By Companies
ARB, Danby, Dometic, Engel, EdgeStar, Electrolux, Haier, Koolatron, Whirlpool, Whynter, AGA Marvel, Avanti Products, Coleman, Gourmia, Kegco, Felix Storch, FridgeFreeze, Igloo, Indel B, LG Electronics, Midea, MCA Corporation, Panasonic, Sears Holdings Company, Uber Appliance, U-Line
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
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Portable Fridges Market Report Segments:
The global Portable Fridges market is segmented on the basis of:
Types
Compressor Portable Fridges, Absorption Portable Fridges, Thermoelectric Portable Fridges
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, Office, Automotive, Ship, Others
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:
- ARB
- Danby
- Dometic
- Engel
- EdgeStar
- Electrolux
- Haier
- Koolatron
- Whirlpool
- Whynter
- AGA Marvel
- Avanti Products
- Coleman
- Gourmia
- Kegco
- Felix Storch
- FridgeFreeze
- Igloo
- Indel B
- LG Electronics
- Midea
- MCA Corporation
- Panasonic
- Sears Holdings Company
- Uber Appliance
- U-Line
Highlights of The Portable Fridges 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:
- Compressor Portable Fridges
- Absorption Portable Fridges
- Thermoelectric Portable Fridges
- By Application:
- Home
- Office
- Automotive
- Ship
- Others
- 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 Portable Fridges 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
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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 portable fridge is a small refrigerator that can be moved from one place to another. They are often used in places where there is not enough space for a regular refrigerator, such as in an office or home.
Some of the major players in the portable fridges market are ARB, Danby, Dometic, Engel, EdgeStar, Electrolux, Haier, Koolatron, Whirlpool, Whynter, AGA Marvel, Avanti Products, Coleman, Gourmia, Kegco, Felix Storch, FridgeFreeze, Igloo, Indel B, LG Electronics, Midea, MCA Corporation, Panasonic, Sears Holdings Company, Uber Appliance, U-Line.
The portable fridges 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 Portable Fridges 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 Portable Fridges Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Portable Fridges 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 Portable Fridges 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 Portable Fridges Market Size & Forecast, 2018-2028
4.5.1 Portable Fridges Market Size and Y-o-Y Growth
4.5.2 Portable Fridges Market Absolute $ Opportunity
Chapter 5 Global Portable Fridges 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 Portable Fridges Market Size Forecast by Type
5.2.1 Compressor Portable Fridges
5.2.2 Absorption Portable Fridges
5.2.3 Thermoelectric Portable Fridges
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Portable Fridges 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 Portable Fridges Market Size Forecast by Applications
6.2.1 Home
6.2.2 Office
6.2.3 Automotive
6.2.4 Ship
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Portable Fridges 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 Portable Fridges 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 Portable Fridges Analysis and Forecast
9.1 Introduction
9.2 North America Portable Fridges 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 Portable Fridges Market Size Forecast by Type
9.6.1 Compressor Portable Fridges
9.6.2 Absorption Portable Fridges
9.6.3 Thermoelectric Portable Fridges
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 Portable Fridges Market Size Forecast by Applications
9.10.1 Home
9.10.2 Office
9.10.3 Automotive
9.10.4 Ship
9.10.5 Others
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 Portable Fridges Analysis and Forecast
10.1 Introduction
10.2 Europe Portable Fridges 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 Portable Fridges Market Size Forecast by Type
10.6.1 Compressor Portable Fridges
10.6.2 Absorption Portable Fridges
10.6.3 Thermoelectric Portable Fridges
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 Portable Fridges Market Size Forecast by Applications
10.10.1 Home
10.10.2 Office
10.10.3 Automotive
10.10.4 Ship
10.10.5 Others
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 Portable Fridges Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Portable Fridges 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 Portable Fridges Market Size Forecast by Type
11.6.1 Compressor Portable Fridges
11.6.2 Absorption Portable Fridges
11.6.3 Thermoelectric Portable Fridges
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 Portable Fridges Market Size Forecast by Applications
11.10.1 Home
11.10.2 Office
11.10.3 Automotive
11.10.4 Ship
11.10.5 Others
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 Portable Fridges Analysis and Forecast
12.1 Introduction
12.2 Latin America Portable Fridges 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 Portable Fridges Market Size Forecast by Type
12.6.1 Compressor Portable Fridges
12.6.2 Absorption Portable Fridges
12.6.3 Thermoelectric Portable Fridges
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 Portable Fridges Market Size Forecast by Applications
12.10.1 Home
12.10.2 Office
12.10.3 Automotive
12.10.4 Ship
12.10.5 Others
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) Portable Fridges Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Portable Fridges 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) Portable Fridges Market Size Forecast by Type
13.6.1 Compressor Portable Fridges
13.6.2 Absorption Portable Fridges
13.6.3 Thermoelectric Portable Fridges
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) Portable Fridges Market Size Forecast by Applications
13.10.1 Home
13.10.2 Office
13.10.3 Automotive
13.10.4 Ship
13.10.5 Others
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 Portable Fridges Market: Competitive Dashboard
14.2 Global Portable Fridges Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ARB
14.3.2 Danby
14.3.3 Dometic
14.3.4 Engel
14.3.5 EdgeStar
14.3.6 Electrolux
14.3.7 Haier
14.3.8 Koolatron
14.3.9 Whirlpool
14.3.10 Whynter
14.3.11 AGA Marvel
14.3.12 Avanti Products
14.3.13 Coleman
14.3.14 Gourmia
14.3.15 Kegco
14.3.16 Felix Storch
14.3.17 FridgeFreeze
14.3.18 Igloo
14.3.19 Indel B
14.3.20 LG Electronics
14.3.21 Midea
14.3.22 MCA Corporation
14.3.23 Panasonic
14.3.24 Sears Holdings Company
14.3.25 Uber Appliance
14.3.26 U-Line
