LIEBHERR-International Deutschland Gmbh, Haier lnc., Frigoglass are dominating the market for the U.S. and Canada Beverage Coolers Market in 2019

The U.S. And Canada Beverage Coolers Market is expected to grow with the CAGR of 2.8% in the forecast period 2020 to 2027. The years considered for study are as mentioned below.

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The U.S. and Canada beverage coolers market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed various strategic developments owing to favourable market scenario.

The major players dealing in the U.S. and Canada beverage coolers market are introducing strong range of product portfolio. This has also helped the company to maximize the sales with enhanced product portfolio. For instance, in April 2018, FRIGOGLASS announced the launch of the Hybrid cooler, which is designed to mitigate the impact of electricity outages for their customers in Africa. Through this launch, the company aims to expand its product portfolio in the market.

LIEBHERR-International Deutschland Gmbh is the dominating player in the beverage coolers market and accounts the highest market share in 2019, which is followed by Haier lnc. Frigoglass, Vinotemp, Perlick Corporation, Allavino, Powers Equipment Company, Inc., Danby, Summit Appliance Division, Felix Storch, Inc, Climadiff, WHYNTER LLC, Miele & Cie. KG, AB Electrolux, Avanti Products, U-Line, NewAir and NewAir.com, QBD and VIKING RANGE, LLC

LIEBHERR-International Deutschland Gmbh

LIEBHERR-International Deutschland Gmbh headquartered in Biberach, Germany which was founded in 1949. The company is engaged in developing small construction firm as well as in manufacturing of construction machinery and many other technological products.

  • In 2018, LIEBHERR-International Deutschland Gmbh opened a new development and exhibition center which will be the only one of its kind in Europe and will be used to test innovative prototypes of new construction machines and material-handling machinery on a 1.2-km track   

The company has wide presence across the globe such as Europe, America, Africa, Oceania, and Asia. In addition to it, the company also generates its revenue from the various subsidiary companies such as Liebherr-Ettlingen GmbH (Germany), Liebherr-America, Inc. (America), Liebherr-Sverige Ab (Sweden), Liebherr- Elektronik Gmbh (Germany) among others.

Haier lnc:

Haier lnc. headquartered in Shandong, China which was founded in 1984. The company is engaged in manufacturing of electronic solutions.

For instance,

  • In January 2016 , Haier Inc. signed a mutual partnership with GENERAL ELECTRIC cooperate globally in their growth projects to different sectors such as industrial internet, healthcare, and advanced manufacturing. Through this partnership the company aims to expand its product portfolio in the market.

The company has wide presence across the globe such as Americas, Middle East & Africa, Europe, South Asia, ASEAN, Australia and China. In addition to it, the company also generates its revenue from the various subsidiary companies such as Haier Singapore Investment Holding Co., Ltd. (Singapore), Guizhou Haier Electronics Co., Ltd.  (China), Qingdao Haier Air-Conditioner Electronics Co., Ltd. (China), Qingdao Haier Robot Co., Ltd (China), Chongqing Haier Refrigeration Appliance Co., Ltd.(China) among others.

Frigoglass

Frigoglass has headquartered in Athens, Greece and it was founded in 1996. The company is engaged in manufacturing of Ice Cold Merchandisers (ICM) as well as supplying of glass packaging in the high growth markets of West Africa.

  • In December 2018, FRIGOGLASS has been awarded a Gold medal by EcoVadis for its sustainable practices for 2018. Through this award the company aims to expand its product portfolio in the market by gaining the trust of their valuable customers

The company has presence in Europe, North America, Middle East & Africa, and Asia-Pacific. In addition to it, the company also generates its revenue from the various subsidiary companies such as Frigoglass Industries (Nigeria) Ltd. (Nigeria), Frigoglass Gmbh (India), Frigoglass Indonesia, Pt (Indonesia), Frigorex Cyprus Ltd (Cyprus) among others.

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