Press Release

Global Wine Refrigerators Market is Expected to Reach US$ 2,143 Mn by 2025

Date : Oct 23, 2018

New report published by Global QYResearch which offers insights on the global Wine Refrigerators market. The global Wine Refrigerators market is valued at 1,471 million USD in 2017 and is expected to reach 2,143 million USD by the end of 2025, growing at a CAGR of 4.74% between 2017 and 2025.

 Global Wine Refrigerators Market: Market Driver and Restraint

A wine refrigerator, also called wine cooler, is made especially to chill wine to the perfect serving temperature for great taste.

The refrigerator can be modified according to the required temperature. It has been observed that the manufacturers are taking up various steps to develop the product and make it more advanced in order to raise the level of efficiency. Moreover, the refrigerator has now being developed with numerous storage zones that can keep up varied level of temperatures for red as well as white wines. The product is gaining huge demand across the globe due to rising interest regarding wine among the population.

Global Wine Refrigerators Market: Key Takeaways

  • The factors that are acting as major boosters to the market growth may include urbanization, technological developments, constant innovations, availability of the product, rising interest among the masses, standard of living, rise in the disposable income, mounting consumer expenditure, and increase in the investments by the leading manufacturers.

Global Wine Refrigerators Market: Forecast by Type

In this report,the Small Chillers (Wine Coolers, Wine Chillers), Small Built-In Refrigerators, Medium-Size Wine Refrigerator and Large-Size Wine Refrigerator products are counted. Small Chillers (Wine Coolers, Wine Chillers) are wildly used in the Wine Refrigerators, with the largest revenue market share in 2017.

Global Wine Refrigerators Market: Forecast by Channels

Wine Refrigerators are sold by channels such as Specialty Store, DIY, Online Shopping and Supermarket. Specialty Store is important in the channels, with a largest sales market share in 2017.

Global Wine Refrigerators Market: Forecast by Region

Geographically, this report is segmented into several key Regions, with production, consumption, revenue, market share and growth rate of Wine Refrigerators in these regions, from 2013 to 2025 (forecast), covering  USA, Europe, China, Asia (Ex. China) , Latin America and Others region.

Global Wine Refrigerators Market: Key Players

Haier, Danby, Electrolux, Avanti, Vinotemp, Eurocave, U-LINE, Viking Range, La Sommeliere, Climadiff, Newair, Shenzhen Raching Technology, BOSCH, Perlick, SICAO, VRBON, Whynter and Yehos are the key vendors included in this report.

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