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Wine Coolers Market is Booming Growing by 2026 with Top Key Players Electrolux, LG Electronics, Avanti Products,

The Wine Coolers report is an explanatory assessment that has been set up to assist the merchants and key players to make smart decisions related to the value chain of the market. The report serves to help its focused on crowds to recognize development spaces and henceforth achieve a front foot over their rivals. It shows an investigation of development conduct of key portions and sub-sections in key locales of the Wine Coolers market. To give a careful examination, the report gives noteworthy execution and current execution dependent on market size and income projections. Few of the major competitors currently working in the global wine coolers market are Carrier Midea India; INVENTOR CONCEPT SRL; EuroCave SAS; Haier Inc.; Vinotemp; Perlick Corporation; NewAir and NewAir.com; Eurodib; Magic Chef; Whirlpool; Danby; Sunpentown Inc. and Shenzhen Sicao Electric Co., Ltd among others

Market Analysis: Global Wine Coolers Market

Global Wine Coolers Market is expected to rise to an estimated value of USD 3479.90 million by 2026, registering a CAGR in the forecast period of 2019-2026.

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Wine coolers are electronic consumer goods/appliances that are used for cooling/lowering the temperature of wine. They are used for storage, refrigeration and preservation purposes of wine inside bottles. These wine coolers provide the correct temperature and humidity as per the requirement of wines. They cannot be used for cooling down other beverages as wines are cooled to a certain extent.

Key Market Competitors:

Few of the major competitors currently working in the global wine coolers market are Climadiff S.A.; U-Line; VRBON; BSH Home Appliances Group; WHYNTER LLC; LG Electronics; Allavino; Avanti Products; Electrolux; Marvel Refrigeration; Coltech; VIKING RANGE, LLC; KAFF; .

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Market Driver:

  • Growing awareness regarding the benefits of wine consumption is expected to boost the growth of the market
  • Increasing variety of wines available resulting in greater focus by the manufacturers on providing innovative and technologically advanced products; this factor is expected to drive the growth of the market
  • Increasing availability of uniquely optimised wine storage products is expected to boost the growth of the market

Market Restraint:

  • Short-term storage alternative in comparison to wine cellars is expected to restrict the growth of the market
  • Complications in the wine-storage due to the increased dryness in the enclosed cooler is also expected to restrict the growth of the market

Segmentation: Global Wine Coolers Market

Global Wine Coolers Market By Bottle Capacity (Less than 10, 10-30, 31-50, 51-300, Above 300), Installation Type (Freestanding, Countertop, Built-In), Temperature Zones (Triple Zones, Double Zones, Single Zones, Others), End-User (Residential, Commercial), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Research Methodology: Global Wine Coolers Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Developments in the Market:

  • In May 2019, Vinotemp announced the extension of their wine storage solution, with the commercial launch of “Vinotemp Wine Vault”, with the product offering capacity of 30 wine racks as well as customized cooling and humidity controlling. This launch is evidence of the company’s strategy to constantly innovate and provide highly customized wine storage solutions
  • In September 2018, LG Electronics announced that they had expanded their “LG SIGNATURE” range of consumer goods, with the launch of a fridge, dryer and wine fridge at the “2018 Internationale Funkausstellung (IFA)” held in Berlin, Germany from 31st August – 5th September, 2018. The products included in the range offer a wide range of innovative designing equipped with the latest technology

Competitive Analysis:

Global wine coolers market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of wine coolers market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Insights in the report:

  • Competitive analysis of key competitors involved in the market
  • Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
  • Market drivers and restraints analysis along with the analysis of the market structure

Key points for analysis

  • To gain information about the top players in this industry, their product portfolios, and their key strategies.
  • Drivers and restrains of the market
  • To get a comprehensive overview of the Global Wine Coolers Market.
  • Key developments in the market
  • Market volume
  • Potential and niche segments/regions exhibiting promising growth

Table Of Contents Global Wine Coolers Market

  1. Introduction
  2. Market Segmentation
  3. Market Overview
  4. Executive Summary
  5. Premium Insights
  6. Global Wine Coolers Market, By Product Type
  7. Global Wine Coolers Market, By Application
  8. Global Wine Coolers Market, By End Users
  9. Global Wine Coolers Market, By Geography
  10. Global Wine Coolers Market, Company Landscape
  11. Company Profiles
  12. Related Reports

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