DUBLIN--(BUSINESS WIRE)--The "Wine Coolers Market - Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global wine cooler market is expected to grow at a CAGR of over 6% during the period 2020-2025.
The need to preserve the quality and avoid unwanted spoilage of wine is driving the global wine cooler market. Since wine becomes detrimental when exposed to air, it should be properly stored at a specific temperature. Therefore, the impressive growth in modern refrigeration technology, which includes thermoelectric and compressor cooling techniques, is influencing several vendors to adopt advanced, robust wine cooling systems across the globe. The availability of convenient temperature controls and separate shelves for red and white wine is influencing the wine storage market. Hence, the rapid growth in refrigeration technology has led to the adoption of wine coolers in the market.
As health-conscious consumers worldwide are oriented toward consuming low alcoholic drinks, which reduces cholesterol and strengthens the heart, the consumption is growing. Studies have revealed that wine helps to live longer, stay healthier, and even protect people against certain types of cancers. Hence, the proven benefits are helping to increase sales, which is favoring the growth of the wine cooler.
The following factors are likely to contribute to the growth of the wine coolers market during the forecast period:
- Increase in the Global Consumption of Wine
- Rise in Awareness of Health Benefits of Wine
- Need to Curtail Bacterial Growth
- Growth in Advanced Refrigeration Technologies
- High Preference for Wine among Millennials
The study considers the present scenario of the wine cooler market and its market dynamics for the period 20192025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent companies operating in the market.
Key Market Insights
- Provides comprehensive insights on the latest industry trends, market forecast, and growth drivers in the market.
- Includes a detailed analysis of market growth drivers, challenges, and investment opportunities.
- Delivers a complete overview of market segments and the regional outlook of the market.
- Offers an exhaustive summary of the vendor landscape, competitive analysis, and key market strategies to gain a competitive advantage in the market.
Key Topics Covered:
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Installation
4.4.2 Market Segmentation by Technology
4.4.3 Market Segmentation by Structure
4.4.4 Market Segmentation by Application
4.4.5 Market Segmentation by Distribution
4.4.6 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Increase in the Global Wine Consumption
8.1.2 Rising Awareness Regarding the Health Benefits of Wine
8.1.3 The Need to Curtail Bacterial Growth
8.2 Market Growth Restraints
8.2.1 Limited Penetration of Wine Coolers
8.2.2 High Cost of Wine Coolers
8.3 Market Opportunities and Trends
8.3.1 Growth in Advanced Refrigeration Technologies
8.3.2 Growth in Millennials Preference for Wine
9 Global Wine Coolers Market
9.1 Market Size & Forecast
9.2 Five Forces Analysis
10 By Installation
10.1 Market Snapshot & Growth Engine
10.2 Market Overview
10.3 Free-standing
10.4 Countertop
10.5 Built-in
11 By Technology
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.3 Compressor
11.4 Thermoelectric
12 By Structure
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Dual Zone
12.4 Single Zone
13 By Application
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Commercial
13.4 Residential
14 By Distribution
14.1 Market Snapshot & Growth Engine
14.2 Market Overview
14.2.1 By Channels
15 By Geography
15.1 Market Snapshot & Growth Engine
15.2 Overview
16 Europe
16.1 Market Overview
16.2 Market Segmentation
16.3 Key Countries
17 North America
18 APAC
19 Latin America
20 Middle East & Africa
21 Competitive Landscape
21.1 Competition Overview
21.2 Strategic Recommendations
22 Key Company Profiles
22.1 Haier
22.2 Shenzhen VRBON
22.3 Electrolux
22.4 Viking Range
22.5 Vinotemp
23 Other Prominent Vendors
23.1 Avanti
23.2 LG
23.3 Bosch
23.4 Siemens
23.5 Allavino
23.6 SAIXIN
23.7 Eurocave
23.8 Ferguson Group
23.9 Marvel
23.10 Danby
23.11 Summit
23.12 Ivation
23.13 Homelabs
23.14 Costway
23.15 Della
23.16 Nutrichef
23.17 Carysil
23.18 New air
23.19 Westing House
23.20 Whynter
23.21 AKDY
23.22 Wine Enthusiast
23.23 Kalamera
23.24 Midea
23.25 Aobosi
23.26 Frigidaire
23.27 Insignia
23.28 KitchenAid
23.29 Phiestina
23.30 MC Appliance
23.31 Igloo
23.32 U- Line
23.33 Croma
23.34 Miele
24 Report Summary
24.1 Key Takeaways
25 Quantitative Summary
25.1 By Installation Type
25.2 By Technology
25.3 By Structure
25.4 By Application
25.5 By Distribution
25.6 Europe
25.7 North America
25.8 APAC
25.9 Latin America
25.10 Middle east & Africa
For more information about this report visit https://www.researchandmarkets.com/r/s614xz
