Global Jockey Boxes Market 2018-2022
About Jockey Boxes
Jockey boxes are cooling containers with long coils of hollow tubing immersed in ice and water. They are used to cool beverages such as beer, coffee, and wine served at locations where refrigerators are not available.
Technavio’s analysts forecast the global jockey boxes market to grow at a CAGR of 6.20% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global jockey boxes market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Jockey Boxes Market 2018-2022
Technavio recognizes the following companies as the key players in the global jockey boxes market: Coldbreak Brewing Equipment, Kegco, Kegman, Micro Matic, and UBC.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is high demand for draft wine. Owing to the rising premium offers in the wine category, the demand for draft wine is increasing rapidly and are driving interest among consumers. Several marketing campaigns hosted by winemakers showcase artistic jockey boxes which in turn, bolsters the demand for wines and drives the demand for showcased jockey boxes.”
According to the report, one driver in the market is growing trend for outdoor party. Party organizers face a challenge in maintaining the proper temperature for the drinks and beverages as they are required to be stored in a cool place. Organizers find it difficult to keep the drinks cold, especially for outdoor parties.
Further, the report states that one challenge in the market is poor appearance. Traditional jockey boxes have a normal texture and color pattern, which does not fit the environment and ambiance of parties and events where they are used. The appearance of traditional jockey boxes looks poor and dull in party environments such as marriages, corporate events, and outdoor events.
Coldbreak Brewing Equipment, Kegco, Kegman, Micro Matic, and UBC.