U.S. Beverage Coolers Market By Product Type (Less than 200L, 200-500L, 500-1000L and More Than 1000L), Type (Freestanding, Built-in and Undercounter, Countertop, Dual Zone, Thermoelectric and Others), Temperature Zones (Single Zone Beverage Coolers, Dual Zone Beverage Coolers, Triple Zone Beverage Coolers and Multi Zone (4 Or More Zones) Beverage Coolers), Size (6 - 50 Bottle, 51 - 100 Bottle, 101 - 200 Bottle and More than 201 bottle), Cooler Height (28 to 32 Inch, 33 to 36 Inch, 38 to 56 Inch, Above 56 Inch), Number of Shelves (1 - 2 Shelves, 3 - 4 Shelves, 5 - 6 Shelves, 7 - 9 Shelves, 9 - 12 Shelves and More Than 13 Shelves), Shelves Material (Metal, Tempered Glass, Wood and Others), Finish (Blacks, Glass, Panel Ready, Silver Tones, Stainless Steel and Wood Finishes), Door Swing (French Door, Left Side Door, Reversible Door, Right Side Door and Side by Side Door), Control Type (Digital, Electronic, Touch and Turn Knob), Distribution Channel (Specialty Stores, Supermarkets/Hypermarkets, E-Commerce and Others), Application (Alcoholic and Non-Alcoholic), End-User (Residential, Commercial, BARS, Hotels and Restaurants, Lounges, Corporate Offices, Movie Theatres, Bookstores and Others), Country (U.S.)
Market Analysis and Insights: U.S. Beverage Coolers Market
U.S. beverage coolers market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.6% in the forecast period of 2020 to 2027and expected to reach USD 398.70 million by 2027 from USD 240.88 million in 2019. Increased demand of smart beverage coolers are the factors for the market growth.
The consumption of beverages has increased in past few years especially that of ready to drink beverages. It has been found out that between the years 2007-2008, the percentage of children and adults who consume low-calorie sweeteners has been increased from 6.1% to 12.5% among children and from 18.7% to 24.1% among adults. Thus, it can be concluded that the beverage industry is growing very rapidly which boosts the demand of beverage coolers in the market.
Increasing usage of beverage coolers compared to refrigerators due to requirement of different temperature levels.
This beverage coolers market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
U.S. Beverage Coolers Market Scope and Market Size
Beverage coolers market is segmented on the basis of product type, type, temperature zones, size, cooler height, number of shelves, shelves material, finish, door swing, control type, distribution channel, application and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the market is segmented into less than 200l, 200-500l, 500-1000l and more than 1000l. Rising demand of 200-500L segment inadvertently increases because of the increasing demand in the commercial spaces so that they can meet large number of people’s demand. This factor allows market to grow with highest CAGR in the forecasted period of 2027
- Growing consumption of beverages in the U.S. is one of the prominent factors for an upsurge demand of beverage coolers products. For instance, For instance, According to National Center for Biotechnology Information, it has been found out that between the years 2007-2008, the percentage of children and adults who consume low-calorie sweeteners has been increased from 6.1% to 12.5% among children and from 18.7% to 24.1% among adults in the U.S.
On the basis of type, the market is segmented into freestanding, built-in and undercounter, countertop, dual zone, thermoelectric and others. Built-in and undercounter segment is dominating as it is has the good cooling property as compared to other type of beverage coolers. Thus, built-in and undercounter is leading type in the market.
On the basis of temperature zones, the market is segmented into single zone beverage coolers, dual zone beverage coolers, triple zone beverage coolers and multi zone (4 or more zones) beverage coolers. Dual zone beverage coolers segment is dominating because they can be locate at any place in the house.
On the basis of size, the market is segmented into 6 - 50 bottle, 51 - 100 bottle, 101 - 200 bottle and more than 201 bottle. 101 - 200 bottle segment is dominating in the market as in the U.S. the commercial space have large number of peoples so it is the reason why the coolers which have the capacity of storing 101-200 bottle demands more as compared to other size of coolers.
On the basis of on cooler height, the market is segmented into 28 to 32 inch, 33 to 36 inch, 38 to 56 inch and above 56 inch. 28 to 32 inch segment is dominating the market as it has the good amount of storage options and it consume less energy as compared to other type of cooler height options.
On the basis of number of shelves, the market is segmented into 1 - 2 shelves, 3 - 4 shelves, 5 - 6 shelves, 7 - 9 shelves, 9 - 12 shelves and more than 13 shelves. 5 - 6 shelves segment is dominating the market as it can provide cooling to large number of bottles which can serve large number of people in the commercial places.
On the basis of shelves material, the market is segmented into metal, tempered glass, wood and others. Tempered glass segment is dominating the market since they considered materials which are used in these glasses and protects the beverage coolers from ultra violet rays.
On the basis of finish, the market is segmented into blacks, glass, panel ready, silver tones, stainless steel and wood finishes. Stainless steel segment is dominating the market the finish stays for a longer period of time and it provides the beauty to the house for the longer period. Also they have a good amount of corrosion resistance.
On the basis of door swing, the market is segmented into french door, left side door, reversible door, right side door and side by side door. Reversible door segment is dominating the market as they are considered to be expensive products in the beverage cooler segment with free-standing properties.
On the basis of control type, the market is segmented into digital, electronic, touch and turn knob. Electronic segment is dominating the market the temperature can be set very easily in the electronic segment and can also be easily controlled.
On the basis of distribution channel, the market is segmented into specialty stores, supermarkets/hypermarkets, e-commerce and others. Specialty stores segment is dominating the market as the purchasing power of the consumer has been increased to purchase these beverage coolers from the stores and it also provide the feel touch facility for the consumers at the purchasing these beverage coolers
On the basis of application, the market is segmented into alcoholic and non-alcoholic. Alcoholic segment dominates the market because the consumption of wines and beverages in the U.S. is increasing very rapidly and the number of bars and hotels has also been increased in the U.S.
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Competitive Landscape and Beverage Coolers Market Share Analysis
Beverage coolers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, U.S. presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, concept cars, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to U.S. beverage coolers market.
The major players covered in the report are
- Haier lnc.,
- Perlick Corporation,
- Powers Equipment Company, Inc.,
- Summit Appliance Division,
- Felix Storch, Inc,
- WHYNTER LLC,
- Miele & Cie. KG,
- Liebherr-International Deutschland GmbH,
- AB Electrolux,
- Avanti Products,
- NewAir and
and VIKING RANGE, LLC.DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Major TOC of the Report
- MARKET SEGMENTATION
- MARKET OVERVIEW
- EXECUTIVE SUMMARY
Get TOC of the Report:- https://www.databridgemarketresearch.com/toc/?dbmr=us-beverage-coolers-market
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