Market Size of US Wine Coolers Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 372.40 Million |
| Market Size (2029) | USD 570.30 Million |
| CAGR (2024 - 2029) | 6.40 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Wine Coolers Market Analysis
The US Wine Coolers Market size is estimated at USD 372.40 million in 2024, and is expected to reach USD 570.30 million by 2029, growing at a CAGR of 6.40% during the forecast period (2024-2029).
A wine cooler is a refrigerator made especially to keep wine at a specific temperature to maintain optimal taste and consistency. Given the Covid-19 pandemic, the demand for wine has lowered further lowering the demand for wine cooler in the market. Keeping wine stored at the optimum temperature is essential in allowing the aging process to take place successfully. Wine cooler helps keep the wine drinkable for a much longer period and improves the taste of wine, which is an optimal driving reason for helping the market to grow in the forecast period. Increasing consumption of wine across the world is one of the main factors fueling product demand.
The wine cooler market is expected to be driven by the increasing demand for wine due to its health benefits and premiumization of wine products, this factor is coupled with flavor innovation and a more advanced distribution network globally. Furthermore, the players in the market have been launching wine coolers with cutting-edge technologies, propelling the market.
