Beverage Coolers Market is Expected to Reach at a CAGR of 4.40% | Scope, Size, Trends and Demand by 2029

The beverage coolers market was valued at USD 6.06 billion in 2021 and is expected to reach USD 8.55 billion by 2029, registering a CAGR of 4.40% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.

Changing customer preferences, access to a wide choice of flavors, and increased consumer disposable income are some of the factors projected to boost demand for beverage coolers on a global scale. Millennials preferring beer and other sorts of alcohol, which is predicted to fuel the regional industry. Furthermore, the surge in millennial demand for carbonated beverages is likely to contribute considerably to market growth throughout the projection period. 

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Some of the major players operating in the beverage coolers market are:

• AB Electrolux (Sweden)
•  VIKING RANGE, LLC (US)
• Haier lnc. (China)
• Perlick Corporation (US)
• Danby (Canada)
• Climadiff (France)
• FRIGOGLASS (Greece)
• Liebherr-International Deutschland GmbH (US)

Opportunities

Rise in Technological Advancement

The surging technological advancement will boost new market opportunities for the market’s growth rate.

Moreover, rise in strategic collaborations and emerging new markets will act as market drivers and further boost beneficial opportunities for the market’s growth rate.

Global Beverage Coolers Market Scope

Product Type

• Less than 200L
• 200-500L
• 500-1000L
• More Than 1000L

Type

• Freestanding
• Built-in and Undercounter
• Countertop
• Dual Zone
• Thermoelectric
• Others

Temperature Zones

• Dual Zone Beverage Coolers
• Triple Zone Beverage Coolers
• Multi Zone (4 Or More Zones) Beverage Coolers

Finish

• Panel Ready
• Silver Tones
• Stainless Steel
• Wood Finishes

End-User

• Residential
• Commercial
• Movie Theatres
• Bookstores
• Others

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