The global commercial wine cooler market to grow at a CAGR of 5.4% during the period 2018-2022.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is increase in use of technologies that curtail bacterial growth. Bacterial growth can destroy the taste of wine and this drives the need for refrigeration to curtail bacterial growth. Additionally, there is also a rise in the utilization of charcoal filters to control air from bacteria that will cause odor in wine.
According to the report, one driver in the market is global increase in wine consumption. Wine consumption has incredibly increased in countries such as the US, the UK, Spain, Canada, and South Africa. The increasing demand for wine can be attributed to the fact that wine drinking has gained traction among millennials owing to the increase in the availability of various varieties.
Further, the report states that one challenge in the market is increased in demand for pre-used commercial wine cooler. The basic function of commercial wine coolers is to store wine bottles for short periods in controlled conditions such as at serving temperature. Given the limited use of equipment, many end-users may prefer pre-used commercial wine coolers.
Key Topics Covered
1. Executive Summary
2. Scope of the Report
3. Research Methodology
4. Market Landscape
5. Market Sizing
6. Five Forces Analysis
7. Market Segmentation by Product Placement
8. Market Segmentation by Technology
9. Customer Landscape
10. Regional Landscape
11. Decision Framework
12. Drivers and Challenges
13. Market Trends
14. Vendor Landscape
15. Vendor Analysis
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