Market Overview:
The global wine fridge market is segmented on the basis of type, application and region. The type segment is further divided into small chillers (wine coolers, wine chillers), small countertop refrigerators, medium-size wine refrigerator and large "wine cellar" refrigerators. The application segment is classified into specialty store, DIY, online shopping and others. Region wise, the market is analyzed across North America, Latin America, Europe Asia Pacific and Middle East & Africa. The global wine fridge market is expected to register a CAGR of 5.8% during the forecast period 2018-2030.
Product Definition:
A wine fridge, also called a wine cooler, is a refrigerator specifically designed to store and chill wine bottles. The importance of having a wine fridge is that it can keep your wines at the perfect temperature for serving and prevent them from going bad.
Small Chillers (Wine Coolers, Wine Chillers):
Small chillers (wine coolers or wine chillers) are portable devices used to slow down the speed at which a liquid such as wine, beer or other alcoholic beverages cool down. The product is available in various sizes and can be used for both commercial and household purposes. Small chillers are also known as cooling towers, beverage coolERS or just cooler in some countries.
The global small chillers market size was valued at USD 678 million in 2018.
Small Countertop Refrigerators:
Small countertop refrigerators are also known as compact fridges or mini-fridges. They are available in different sizes and can be used for both commercial and household purposes. The small size of these products makes them suitable to place in a bar or restaurant, near the kitchen area. Smaller versions of this product can also be used at home for storing food products such as milk, eggs, meat, fish & poultry along with beverages such as beer & wine and soft drinks.
Application Insights:
The specialty store application segment led the global wine fridges market in 2017 and is projected to continue its dominance over the forecast period. The growth of this segment can be attributed to increasing consumer preference for personalized products, which are rare finds in conventional markets. Specialty stores offer a wide range of imported wines, which are not easily available in other retail stores or supermarkets. This has resulted in high demand for customized refrigerators with space reserved exclusively for wine storage, thereby driving the adoption of wine refrigerators at specialty stores across countries such as U.K., Germany, and France among others worldwide.
The DIY application segment is expected to witness significant growth over the forecast period owing to rising interest among consumers towards home improvement projects including remodeling their kitchen or bathroom areas along with installing new appliances and fixtures thereon.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to high demand from U.S and Canada, which are among the top consumers of wine worldwide. Moreover, increasing number of restaurants that serve wine as an aperitif is expected to drive regional growth over the forecast period. Asia Pacific is projected to be one of the fastest-growing regions with a CAGR exceeding 5% during the forecast years on account of rising middle-class population groups in China and India along with other developing countries such as Thailand, Vietnam, Philippines, Indonesia etc.
Moreover, growing trend towards gifting wines among friends and relatives on special occasions such as Christmas Eve or Thanksgiving Day has been observed across this region which will further boost product sales in near future.
Growth Factors:
- Increasing demand for wine due to its health benefits.
- Rising disposable income of consumers leading to an increase in demand for luxury products such as wine fridges.
- Growing popularity of wine among the millennials and Gen-Z population.
- Proliferation of online retail channels that offer a wide variety of wine fridges at competitive prices, which is aiding in the growth of the market globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wine Fridges Market Research Report
By Type
Small Chillers (Wine Coolers, Wine Chillers), Small Countertop Refrigerators, Medium-Size Wine Refrigerator, Large "Wine Cellar"Refrigerators
By Application
Specialty Store, DIY, Online Shopping, Others
By Companies
Haier, BOSCH, LG, Danby, Electrolux, Avanti, Vinotemp, Eurocave, U-LINE, Viking Range, La Sommeliere, Climadiff, Newair, Donlert Electrical, Perlick, SICAO, VRBON, Whynter, Yehos, Risver Corporation
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
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.
Global Wine Fridges Market Report Segments:
The global Wine Fridges market is segmented on the basis of:
Types
Small Chillers (Wine Coolers, Wine Chillers), Small Countertop Refrigerators, Medium-Size Wine Refrigerator, Large "Wine Cellar"Refrigerators
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
Specialty Store, DIY, Online Shopping, 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:
- Haier
- BOSCH
- LG
- Danby
- Electrolux
- Avanti
- Vinotemp
- Eurocave
- U-LINE
- Viking Range
- La Sommeliere
- Climadiff
- Newair
- Donlert Electrical
- Perlick
- SICAO
- VRBON
- Whynter
- Yehos
- Risver Corporation
Highlights of The Wine 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:
- Small Chillers (Wine Coolers, Wine Chillers)
- Small Countertop Refrigerators
- Medium-Size Wine Refrigerator
- Large "Wine Cellar"Refrigerators
- By Application:
- Specialty Store
- DIY
- Online Shopping
- 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 Wine 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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- Product & Brand Management
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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?
Wine fridges are a popular way to store wine. They are typically small, temperature-controlled cabinets that hold a variety of wines.
Some of the major players in the wine fridges market are Haier, BOSCH, LG, Danby, Electrolux, Avanti, Vinotemp, Eurocave, U-LINE, Viking Range, La Sommeliere, Climadiff, Newair, Donlert Electrical, Perlick, SICAO, VRBON, Whynter, Yehos, Risver Corporation.
The wine fridges market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wine 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 Wine Fridges Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wine 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 Wine 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 Wine Fridges Market Size & Forecast, 2018-2028
4.5.1 Wine Fridges Market Size and Y-o-Y Growth
4.5.2 Wine Fridges Market Absolute $ Opportunity
Chapter 5 Global Wine 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 Wine Fridges Market Size Forecast by Type
5.2.1 Small Chillers (Wine Coolers
5.2.2 Wine Chillers)
5.2.3 Small Countertop Refrigerators
5.2.4 Medium-Size Wine Refrigerator
5.2.5 Large "Wine Cellar"Refrigerators
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wine 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 Wine Fridges Market Size Forecast by Applications
6.2.1 Specialty Store
6.2.2 DIY
6.2.3 Online Shopping
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wine 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 Wine 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 Wine Fridges Analysis and Forecast
9.1 Introduction
9.2 North America Wine 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 Wine Fridges Market Size Forecast by Type
9.6.1 Small Chillers (Wine Coolers
9.6.2 Wine Chillers)
9.6.3 Small Countertop Refrigerators
9.6.4 Medium-Size Wine Refrigerator
9.6.5 Large "Wine Cellar"Refrigerators
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 Fridges Market Size Forecast by Applications
9.10.1 Specialty Store
9.10.2 DIY
9.10.3 Online Shopping
9.10.4 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 Wine Fridges Analysis and Forecast
10.1 Introduction
10.2 Europe Wine 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 Wine Fridges Market Size Forecast by Type
10.6.1 Small Chillers (Wine Coolers
10.6.2 Wine Chillers)
10.6.3 Small Countertop Refrigerators
10.6.4 Medium-Size Wine Refrigerator
10.6.5 Large "Wine Cellar"Refrigerators
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 Fridges Market Size Forecast by Applications
10.10.1 Specialty Store
10.10.2 DIY
10.10.3 Online Shopping
10.10.4 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 Wine Fridges Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wine 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 Wine Fridges Market Size Forecast by Type
11.6.1 Small Chillers (Wine Coolers
11.6.2 Wine Chillers)
11.6.3 Small Countertop Refrigerators
11.6.4 Medium-Size Wine Refrigerator
11.6.5 Large "Wine Cellar"Refrigerators
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 Fridges Market Size Forecast by Applications
11.10.1 Specialty Store
11.10.2 DIY
11.10.3 Online Shopping
11.10.4 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 Wine Fridges Analysis and Forecast
12.1 Introduction
12.2 Latin America Wine 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 Wine Fridges Market Size Forecast by Type
12.6.1 Small Chillers (Wine Coolers
12.6.2 Wine Chillers)
12.6.3 Small Countertop Refrigerators
12.6.4 Medium-Size Wine Refrigerator
12.6.5 Large "Wine Cellar"Refrigerators
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 Fridges Market Size Forecast by Applications
12.10.1 Specialty Store
12.10.2 DIY
12.10.3 Online Shopping
12.10.4 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) Wine Fridges Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wine 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) Wine Fridges Market Size Forecast by Type
13.6.1 Small Chillers (Wine Coolers
13.6.2 Wine Chillers)
13.6.3 Small Countertop Refrigerators
13.6.4 Medium-Size Wine Refrigerator
13.6.5 Large "Wine Cellar"Refrigerators
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 Fridges Market Size Forecast by Applications
13.10.1 Specialty Store
13.10.2 DIY
13.10.3 Online Shopping
13.10.4 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 Wine Fridges Market: Competitive Dashboard
14.2 Global Wine Fridges 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 LG
14.3.4 Danby
14.3.5 Electrolux
14.3.6 Avanti
14.3.7 Vinotemp
14.3.8 Eurocave
14.3.9 U-LINE
14.3.10 Viking Range
14.3.11 La Sommeliere
14.3.12 Climadiff
14.3.13 Newair
14.3.14 Donlert Electrical
14.3.15 Perlick
14.3.16 SICAO
14.3.17 VRBON
14.3.18 Whynter
14.3.19 Yehos
14.3.20 Risver Corporation
