(EMAILWIRE.COM, June 28, 2023 ) As per Maximize Market research, the total global “Beverage Cooler Market” was USD 2.65 Bn in 2022 and is expected to grow at a CAGR of 10.22 percent over the forecast period to reach USD 5.24 Bn by 2029.

Beverage Cooler Market Report Scope and Research Methodology

The beverage cooler market refers to the global market dedicated to refrigeration equipment specifically designed for the storage and cooling of beverages. The report shows descriptive data and pictographs on regional as well as global beverage cooler market analysis.

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Beverage Cooler Market Dynamics

The upward trajectory of disposable incomes, urbanization, and evolving lifestyles has resulted in a surge in out-of-home dining and social gatherings. This has amplified the demand for beverage coolers in restaurants, bars, cafes, and other commercial establishments.

Beverage Cooler Market Regional Insights

The North American beverage cooler market is well-established, fueled by the high consumption rate of chilled beverages, particularly in the United States. Europe boasts a mature market for beverage coolers, owing to the popularity of wine and beer consumption.

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Beverage Cooler Market Segmentation

By Product Type
Free Standing
Built-in
Countertop

By End Use
Residential
Commercial (Restaurants bars, café)

By Capacity
Below 100l
100-200l
300-400l
Above 400l

By Distribution Channel
Online
Offline

By Energy Efficiency
Energy efficient
Non-energy efficient

By Temperature Zones
Single zone
Dual-zone
Triple zone
Multi zone

By Technology
Compressor based
Thermo-electric based
Absorption based

Beverage Cooler Market’s Key Competitors include

Haier Inc.
AB Electrolux
LG Electronics Inc.
Whirlpool Corporation
Samsung Electronics Co., Ltd. (South Korea)
The Middleby Corporation (US)
Danby Products Ltd. (Canada)
Panasonic Corporation (Japan)
Avanti Products (US)

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Maximize Market Research is leading Consumer Consumer Goods & Services research firm, has also published the following reports:

Homewares Market - The market size is expected to reach USD 146.12 billion by 2029 at a CAGR of 4.38 percent during the forecast period.

Metal Furniture Market- The market size is expected to reach USD 195.34 billion by 2029 at a CAGR of 4.52 percent during the forecast period.

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