Wine Cooler Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Global wine cooler market is segmented by Type (Free-Standing, Counter-Top, and Built-In), Technology (Compressor-based, and Thermoelectric-based), Distribution Channel (Offline, and Online), and Geography.

Market Snapshot

Wine Cooler Market Overview
Study Period: 2016 - 2026
Base Year: 2021
Fastest Growing Market: Asia Pacific
Largest Market: Europe
CAGR: 5.35 %
Wine Cooler Market Key Players

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Market Overview

Global wine cooler market is estimated to grow, witnessing a CAGR of 5.35% during the forecast period (2020-2025).

  • The concept of keeping wine stored at the optimum temperature is essential in allowing the aging process to successfully take place. A wine fridge or cooler helps keep the wine drinkable for a much longer period of time and improves the taste of wine which is an optimal driving reason 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 rising popularity of wine in countries such as the United States, the United Kingdom, Spain, Italy, South Africa, and Canada, especially among young consumers, is projected to further fuel the demand. 

Scope of the Report

The scope of the global wine cooler market includes segmentation of the wine coolers on the basis of Type under Free-standing, Counter-top, and Built-in. Furtherly the market is segmented by Technology under Compressor-based and Thermoelectric-based. Also, the key distribution channels for the wine cooler market are offline and online channels.

By Type
Free-Standing
Counter Top
Built-In
By Technology
Compressor-based
Thermoelectic-based
By Distribution Channel
Offline Channel
Online Channel
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Russia
Spain
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
United Arab Emirates
South Africa
Rest of Middle East and Africa

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Key Market Trends

Rising Retail Sales Of Wine Across The Global Market

The retail sales of alcoholic beverages, especially wines are on the rise across major countries around the world which is also a key driving agent for wine coolers and refrigerators market. Since more consumers are preferring to buy their own wine bottle for in-house consumption, the demand for the wine cooler is expected to drift in the forecast period. Moreover, the trend of luxury kitchen setup where consumers are seeking to incorporate high technological appliances for their kitchen as well as households, wine cooler is one ideal choice for the consumers.

Wine Cooler Market Key Trends

Europe and North America Leading The Market

As per the regions, Europe and North America have been the primary consumers of the wines over the recent years, Owing to the increasing in-house consumption of wines and other alcoholic beverages in both the regions, wine coolers market estimated the largest in the regions. However, by production, China led the way for the global market accounting for the largest wine coolers and refrigerators production as compared to any other country followed by the United States. With the growing western influence in the Asia-Pacific region, the wine cooler market is projected to achieve a high growth rate in the region.

Wine Cooler Market Growth Rate

Competitive Landscape

The global wine cooler market is largely fragmented with the involvement of leading electronic appliance manufacturers of the world, along with a few companies specialized in manufacturing the wine coolers. The key market players are Dunavox, Avanti Products, Haier Group, Shenzhen VRBON Electronic Appliance Co., Electrolux, Eurocave SAS, and others. Most of the companies engaged in the business are focusing on technological advancement as one of their leading strategies.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

    1. 3.1 Market Overview

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porters 5 Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Type

      1. 5.1.1 Free-Standing

      2. 5.1.2 Counter Top

      3. 5.1.3 Built-In

    2. 5.2 By Technology

      1. 5.2.1 Compressor-based

      2. 5.2.2 Thermoelectic-based

    3. 5.3 By Distribution Channel

      1. 5.3.1 Offline Channel

      2. 5.3.2 Online Channel

    4. 5.4 Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Mexico

        4. 5.4.1.4 Rest of North America

      2. 5.4.2 Europe

        1. 5.4.2.1 Germany

        2. 5.4.2.2 United Kingdom

        3. 5.4.2.3 France

        4. 5.4.2.4 Russia

        5. 5.4.2.5 Spain

        6. 5.4.2.6 Italy

        7. 5.4.2.7 Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. 5.4.3.1 India

        2. 5.4.3.2 China

        3. 5.4.3.3 Japan

        4. 5.4.3.4 Australia

        5. 5.4.3.5 Rest of Asia-Pacific

      4. 5.4.4 South America

        1. 5.4.4.1 Brazil

        2. 5.4.4.2 Argentina

        3. 5.4.4.3 Rest of South America

      5. 5.4.5 Middle East and Africa

        1. 5.4.5.1 United Arab Emirates

        2. 5.4.5.2 South Africa

        3. 5.4.5.3 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Dunavox

      2. 6.4.2 Avanti Products Inc

      3. 6.4.3 Haier Group Corporation

      4. 6.4.4 Shenzhen VRBON Electrical Appliance Co., Ltd.

      5. 6.4.5 Electrolux AB

      6. 6.4.6 Eurocave SAS

      7. 6.4.7 La Sommeliere Int. SAS

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Wine Cooler Market market is studied from 2016 - 2026.

The Wine Cooler Market is growing at a CAGR of 5.35% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Europe holds highest share in 2021.

Dunavox, Haier Group Corporation, Shenzhen VRBON Electrical Appliance Co., Ltd., Electrolux AB, Eurocave SAS are the major companies operating in Wine Cooler Market.

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