Market Overview:
The global wine cellars and 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 wine cellars and coolers from both residential and commercial applications. In terms of type, the single zone segment is expected to lead the global wine cellars and coolers market during the forecast period, followed by double zones, three zones, and other segments. Regionally, North America is expected to lead the global wine cellars and coolers market during the forecast period followed by Europe, Asia Pacific (APAC), Latin America (LATAM), and Middle East & Africa (MEA).
Product Definition:
A wine cellar is a storage room for wine in bottles or casks. Wine Cellars & Coolers are important because they can keep your wine at the right temperature, protecting it from extreme heat or cold and prolonging its life.
Single Zone:
Single zone is a method of controlling the temperature in a limited space. It helps to maintain the specific temperature for various items stored in it. Single zone wine cooler and cellar are used for storing wines, beer, spirits and other alcoholic beverages at specific temperatures.
Double Zones:
Double zones is a method to control two separate climatic zones within the same controlled environment. It's primary function is to maintain consistent temperature in a wine cellar or cooler. The device consists of an electrical heating element, thermostat and cooling fan which can be controlled by one or more remote sensors connected by wires.
Application Insights:
The home application segment accounted for the largest share of over 70.0% in 2017. The growing popularity of home wine cellars and coolers is attributed to the increasing availability of premium wines at affordable prices across all income groups in most countries. Furthermore, consumers are inclined towards purchasing a complete set including a wine cellar and a cooler as they find it convenient to store various types of food & beverages along with different types of wines in one place resulting in increased demand for these products among residential consumers.
The commercial application segment is expected to expand at the fastest CAGR exceeding 9% from 2018 to 2030 owing to rising number or restaurants, bars and hotels particularly on account with Vinesse Wines' 100th anniversary celebrations throughout 2018-19 which has resulted in an increased demand for its products including Chardonnay, Merlot & Cabernet Sauvignon among others by prominent restaurant chains such as concepts such as Bozeman Restaurant Group LLC.
Regional Analysis:
North America dominated the global market in 2017. The U.S., being the largest wine producer, has a well-established distribution channel for wines. Moreover, consumers of this region are increasingly becoming aware about the health benefits associated with red wine and are therefore more likely to consume it in various forms such as frozen or chilled wine cellar or cooler. Europe is expected to be one of the fastest growing markets over the forecast period owing to increasing demand from countries such as Germany and France among others due to rising popularity of ice wines among consumers there.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increased per capita income in emerging economies such as China.
Growth Factors:
- Increasing demand for wine due to changing lifestyle and growing disposable income of consumers.
- Rising popularity of wine culture and its consumption as an accompaniment with food.
- Proliferation of wine festivals, tastings, and other such events that promote awareness about wines among the masses.
- Technological advancements in wine cellar cooling systems that make them more efficient and affordable for consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wine Cellars & Coolers Market Research Report
By Type
Single Zone, Double Zones, Three Zones, Other
By Application
Home Appliance, Commercial Appliance
By Companies
Haier, BOSCH, Danby, Electrolux, Avanti, Eurocave, U-LINE, Viking Range, La Sommeliere, Climadiff, Haier, Donlert Electrical, LG, Perlick, SICAO, VRBON, Whynter, Yehos, Vinotemp, Seadare
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
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global Wine Cellars & Coolers Market Report Segments:
The global Wine Cellars & Coolers market is segmented on the basis of:
Types
Single Zone, Double Zones, Three Zones, 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 Appliance, Commercial Appliance
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
- BOSCH
- Danby
- Electrolux
- Avanti
- Eurocave
- U-LINE
- Viking Range
- La Sommeliere
- Climadiff
- Haier
- Donlert Electrical
- LG
- Perlick
- SICAO
- VRBON
- Whynter
- Yehos
- Vinotemp
- Seadare
Highlights of The Wine Cellars & 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:
- Single Zone
- Double Zones
- Three Zones
- Other
- By Application:
- Home Appliance
- Commercial Appliance
- 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 Wine Cellars & 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 wine cellar or cooler is a place where wine can be stored at a temperature below 50 degrees Fahrenheit.
Some of the major players in the wine cellars & coolers market are Haier, BOSCH, Danby, Electrolux, Avanti, Eurocave, U-LINE, Viking Range, La Sommeliere, Climadiff, Haier, Donlert Electrical, LG, Perlick, SICAO, VRBON, Whynter, Yehos, Vinotemp, Seadare.
The wine cellars & 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 Wine Cellars & 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 Wine Cellars & Coolers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wine Cellars & 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 Wine Cellars & 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 Wine Cellars & Coolers Market Size & Forecast, 2018-2028
4.5.1 Wine Cellars & Coolers Market Size and Y-o-Y Growth
4.5.2 Wine Cellars & Coolers Market Absolute $ Opportunity
Chapter 5 Global Wine Cellars & Coolers 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 Wine Cellars & Coolers Market Size Forecast by Type
5.2.1 Single Zone
5.2.2 Double Zones
5.2.3 Three Zones
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wine Cellars & Coolers 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 Wine Cellars & Coolers Market Size Forecast by Applications
6.2.1 Home Appliance
6.2.2 Commercial Appliance
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wine Cellars & 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 Wine Cellars & 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 Wine Cellars & Coolers Analysis and Forecast
9.1 Introduction
9.2 North America Wine Cellars & Coolers 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 Wine Cellars & Coolers Market Size Forecast by Type
9.6.1 Single Zone
9.6.2 Double Zones
9.6.3 Three Zones
9.6.4 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 Wine Cellars & Coolers Market Size Forecast by Applications
9.10.1 Home Appliance
9.10.2 Commercial Appliance
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 Wine Cellars & Coolers Analysis and Forecast
10.1 Introduction
10.2 Europe Wine Cellars & Coolers 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 Wine Cellars & Coolers Market Size Forecast by Type
10.6.1 Single Zone
10.6.2 Double Zones
10.6.3 Three Zones
10.6.4 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 Wine Cellars & Coolers Market Size Forecast by Applications
10.10.1 Home Appliance
10.10.2 Commercial Appliance
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 Wine Cellars & Coolers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wine Cellars & Coolers 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 Wine Cellars & Coolers Market Size Forecast by Type
11.6.1 Single Zone
11.6.2 Double Zones
11.6.3 Three Zones
11.6.4 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 Wine Cellars & Coolers Market Size Forecast by Applications
11.10.1 Home Appliance
11.10.2 Commercial Appliance
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 Wine Cellars & Coolers Analysis and Forecast
12.1 Introduction
12.2 Latin America Wine Cellars & Coolers 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 Wine Cellars & Coolers Market Size Forecast by Type
12.6.1 Single Zone
12.6.2 Double Zones
12.6.3 Three Zones
12.6.4 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 Wine Cellars & Coolers Market Size Forecast by Applications
12.10.1 Home Appliance
12.10.2 Commercial Appliance
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) Wine Cellars & Coolers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wine Cellars & Coolers 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) Wine Cellars & Coolers Market Size Forecast by Type
13.6.1 Single Zone
13.6.2 Double Zones
13.6.3 Three Zones
13.6.4 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) Wine Cellars & Coolers Market Size Forecast by Applications
13.10.1 Home Appliance
13.10.2 Commercial Appliance
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 Wine Cellars & Coolers Market: Competitive Dashboard
14.2 Global Wine Cellars & Coolers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Haier
14.3.2 BOSCH
14.3.3 Danby
14.3.4 Electrolux
14.3.5 Avanti
14.3.6 Eurocave
14.3.7 U-LINE
14.3.8 Viking Range
14.3.9 La Sommeliere
14.3.10 Climadiff
14.3.11 Haier
14.3.12 Donlert Electrical
14.3.13 LG
14.3.14 Perlick
14.3.15 SICAO
14.3.16 VRBON
14.3.17 Whynter
14.3.18 Yehos
14.3.19 Vinotemp
14.3.20 Seadare
