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Global Beverage Coolers Market 2017-2021

Global Beverage Coolers Market 2017-2021

About Beverage Coolers

Beverage coolers are commercial and household appliances, which are used to store cooled or chilled beverages, by maintaining a certain range of cooling temperatures. The global refrigeration and cooling systems market is the parent market of the global beverage coolers market. The global refrigeration and cooling systems market encompasses the residential and commercial customer segments of various types of refrigerators and coolers manufactured and sold in the market. Beverage coolers are one of the prominent product segments of the global refrigeration and cooling systems market.

Technavio’s analysts forecast the global beverage coolers market to decline at a CAGR of (4.28%) during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global beverage coolers market for 2017-2021. To calculate the market size, the report considers the value sales of beverage coolers.

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Beverage Coolers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Danby
  • Electrolux
  • Haier
  • LG Electronics
  • Whirlpool
Other prominent vendors
  • AGA Marvel
  • Avanti Products
  • Godrej.com
  • Living Direct
  • Robert Bosch
  • Samsung
  • U-Line
  • Vinotemp International
Market driver
  • Growing beverage industry
  • For a full, detailed list, view our report
Market challenge
  • Instability in global macroeconomic conditions
  • For a full, detailed list, view our report
Market trend
  • R&D in beverage coolers
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Beverage Coolers Market 2017-2021

Technavio recognizes the following companies as the key players in the global beverage coolers market: Danby, Electrolux, Haier, LG Electronics, and Whirlpool.

Other Prominent Vendors in the market are: AGA Marvel, Avanti Products, Godrej.com, Living Direct, Robert Bosch, Samsung, U-Line, and Vinotemp International.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is R&D in beverage coolers. The key vendors make heavy investments in R&D to introduce changes and enhancements to the shape, functions, and durability of the appliances. Products from international vendors like Danby, Haier, and Electrolux have high brand recognition. Hence, their products have a long-life cycle. Apart from brand recognition, continuous R&D has also led to the growth of the market over a prolonged period. Hence, the global beverage coolers market is expected to gain growth momentum during the forecast period.”

According to the report, one of the major drivers for this market is Growing beverage industry. The global beverages industry is growing at a significant pace and is expected to reach $1.92 trillion by the end of 2021, growing at a CAGR of 3.11%. This is due to expanding urbanization, rising disposable income among consumers, and introduction of low-calorie sweetener-based health and energy drinks. Natural additive-based products are also expected to surge by volume during the forecast period. Geographically, the global beverages market is spread across regions like APAC, North America, Europe, and the ROW, including Latin America and MEA. Europe and North America held the top positions in the global beverage market in 2016.

Further, the report states that one of the major factors hindering the growth of this market is Instability in global macroeconomic conditions. The market suffers from the instability in foreign exchange and variations in currency rate. The stringent trade policies in European countries like UK, Germany, France, and Italy affect the price-sensitive consumers and restrict their purchasing behavior. The Eurozone crisis of 2012 influenced the price sales of many international and domestic players since 2013. The crisis had also affected the purchase behavior of end-consumers and led to a drop in demand for high-priced and technologically advanced beverage coolers. Some of the most troubled economies such as Spain, Italy, Ireland, Greece, and Portugal saw the adverse impact on demand for beverage coolers during the post-debt-crisis economic slowdown. However, with the rise of residential constructions and growing urbanization, the economies are gradually recovering from this crisis.

Companies Mentioned

Danby, Electrolux, Haier, LG Electronics, and Whirlpool.

Other Prominent Vendors in the market are: AGA Marvel, Avanti Products, Godrej.com, Living Direct, Robert Bosch, Samsung, U-Line, and Vinotemp International.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Global refrigeration and cooling systems market: Segmentation by product 2016 (% share of revenue)
  • Market landscape
    • Global beverage coolers market
      • Table Global beverage coolers market 2016
      • Table Global beverage coolers market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Global beverage coolers market by product
      • Table Global beverage coolers market: Segmentation by product 2016-2021 ($ billions)
      • Table Global beverage coolers market: Segmentation by product 2016 and 2021 (% share of revenue)
    • Global non-alcoholic beverage coolers market
      • Table Global non-alcoholic beverage coolers market 2016-2021 ($ billions)
    • Global alcoholic beverage coolers market
      • Table Global alcoholic beverage coolers market 2016-2021 ($ billions)
  • Market segmentation by end-user
    • Global beverage coolers market by end-user
      • Table Global beverage coolers market: Segmentation by end-users 2016-2021 ($ billions)
      • Table Global beverage coolers market: Segmentation by end-users 2016 and 2021 (% share of revenue)
    • Global commercial beverage coolers market
      • Table Global commercial beverage coolers market 2016-2021 ($ billions)
    • Global residential beverage coolers market
      • Table Global residential beverage coolers market 2016-2021 ($ billions)
  • Geographical segmentation
    • Global beverage coolers market by geography
      • Table Global beverage coolers market: Segmentation by geography 2016-2021 ($ billions)
      • Table Global beverage coolers market: Segmentation by geography 2016 and 2021 (% share of revenue)
    • Beverage coolers market in Europe
      • Table Beverage coolers market in Europe 2016-2021 ($ billions)
    • Beverage coolers market in North America
      • Table Beverage coolers market in North America 2016-2021 ($ billions)
    • Beverage coolers market in APAC
      • Table Beverage coolers market in APAC 2016-2021 ($ billions)
    • Beverage coolers market in ROW
      • Table Beverage coolers market in ROW 2016-2021 ($ billions)
  • Key leading countries
    • Global beverage coolers market
      • Table Key leading countries 2016 (% share of revenue)
    • US
    • Germany
    • China
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Recycling initiatives in leading economies
    • R&D in beverage coolers
    • Expanding online distribution channels
  • Vendor landscape
    • Competitive scenario
    • Competitive strategy
    • Comparative analysis of key vendors
      • Table Key vendors: Comparative analysis by revenue, product portfolio, and geographical presence 2016
      • Table Key vendors: Benchmarking on geographical presence 2016
  • Key vendor analysis
    • Danby
      • Table Danby: Business segmentation 2016
      • Table Danby in global beverage coolers market 2016
    • Electrolux
      • Table Electrolux: Business segmentation 2016 (% share of revenue)
      • Table Electrolux: Geographical segmentation 2016 (% share of revenue)
      • Table Electrolux in the global beverage coolers market 2016
    • Haier
      • Table Haier: Business segmentation 2016 (% share of revenue)
      • Table Haier: Geographical segmentation 2016 (% share of revenue)
      • Table Haier in global beverage coolers market 2016
    • LG Electronics
      • Table LG Electronics: Business segmentation 2016 (% share of revenue)
      • Table LG Electronics in beverage coolers market 2016
    • Whirlpool
      • Table Whirlpool: Business segmentation 2016 (% share of revenue)
      • Table Whirlpool in global beverage coolers market 2016
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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