Product Launch (Blog)

Apr, 26 2023

Why is the Beverage Coolers Market Flourishing in the U.S. Territory?

In the U.S., electronic gadget technology is developing swiftly. Modern beverage refrigerators and coolers are being developed by manufacturers in an effort to help consumers preserve the products' safety and freshness. Features like internet-enabled touch displays, recipe instructions, and mobile apps for operating beverage coolers are becoming more and more popular on the American market for beverage coolers.

Data Bridge Market Research shows that the U.S. Beverage Coolers Market accounted for USD 295.91 million, expected to reach USD 512.24 million by 2030. The market is expected to grow with a CAGR of 7.10% from 2023 to 2030.

“Growing popularity of alcoholic drinks is bolstering the market growth”

According to the rising popularity of alcoholic beverages like beer and wine, the industry in the US is expected to expand significantly. Additionally, the availability of more sorts of nutrition drinks and rising health consciousness among American customers are pushing people to drink at home rather than in restaurants and bars.  

What restraints the growth of the U.S. Beverage Coolers Market?

“High costs associated will limit the growth"

During the anticipated period, the market's expansion is anticipated to be constrained by the high cost of beverage coolers. The UV-blocking glass, specialized temperature control technology, and humidity control units, which have a minor impact on market growth, are the main causes of the high cost of beverage coolers.

Segmentation: U.S. Beverage Coolers Market

The 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.  

  • On the basis of product type, the market is segmented into less than 200L, 200-500L, 500-1000L and more than 1000.
  • On the basis of type, the market is market is segmented into freestanding, built-in and under counter, countertop, dual zone, thermoelectric and others.
  • On the basis of size, the market is segmented into 6 - 50 bottle, 51 - 100 bottle, 101 - 200 bottle and more than 201 bottle.
  • On the basis of cooler height, the market is segmented into 28 to 32 inch, 33 to 36 inch, 38 to 56 inch and above 56 inch.
  • 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.
  • On the basis of shelves material, the market is segmented into metal, tempered glass, wood and others.
  • On the basis of finish, the market is segmented into blacks, glass, panel ready, silver tones, stainless steel and wood finishes.
  • 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.
  • On the basis of control type, the market is segmented into digital, electronic, touch and turn knob.
  • On the basis of distribution channel, the market is segmented into specialty stores, supermarkets/hypermarkets, e-commerce and others.
  • On the basis of application, the market is segmented into segmented into alcoholic and non-alcoholic.
  • On the basis of end-user, the market is segmented into residential, commercial, bars, hotels and restaurants, lounges, corporate offices, movie theatres, bookstores and others.    

Recent Developments in the U.S. Beverage Coolers Market

  • In 2021, Zephyr, a supplier of beverage storage solutions on a global scale, introduced the "Dual Zone Wine Cooler" and the "Preserve Single Zone Beverage Cooler" in the U.S. market. This is made with brand-new, cutting-edge technology, making it ideal for storing wine and other alcoholic beverages. It is believed that this new introduction would assist the corporation in expanding its product line.

To know more about the study, visit, https://www.databridgemarketresearch.com/reports/us-beverage-coolers-market  

The Prominent Key Players Operating in the U.S. Beverage Coolers Market Include:

  • AB Electrolux (Sweden)
  •  VIKING RANGE, LLC (U.S.)
  • Haier lnc. (China)
  • Perlick Corporation (U.S.)
  • Danby (Canada)
  • Climadiff (France)
  • FRIGOGLASS (Greece)
  • Liebherr-International Deutschland GmbH (U.S.)
  • mvpappliances (U.S.)
  • Miele & Cie. KG (Germany)
  • Shenzhen SICAO Electric Appliances Co., Ltd (SICAO) (China)
  • LG Electronics (South Korea)
  • Siemens (Germany)
  • DATRON HANDELSGES M.B.H. (Austria)
  • NewAir (U.S.)
  • Vestfrost Solutions (Denmark)
  • Avanti Products (Brand of The Legacy Companies) (U.S.)
  • U-Line (U.S.)
  • WHYNTER LLC (U.S.)
  • Vinotemp (U.S.)
  • Summit Appliance Division (U.S.)
  • Felix Storch, Inc (U.S.)

Above are the key players covered in the report, to know about more and exhaustive list of U.S. beverage coolers market companies contact, https://www.databridgemarketresearch.com/contact

Research Methodology: U.S. Beverage Coolers Market

Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. 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, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, global vs regional and vendor share analysis. Please request analyst call in case of further inquiry.


Client Testimonials