Wine Cellars Market

The global Wine Cellars market was valued at 617.54 Million USD in 2021 and will grow with a CAGR of 4.51% from 2021 to 2027.

Due to the COVID-19 pandemic, the global Wine Cellars market size was value at US$ 917.28 million in 2021 and is forecast to be a readjusted size of US$ 1.36 billion by 2028 with a CAGR of 5.45% during the forecast period 2022-2028.

The global main manufacturers of Wine Cellars include Haier, The Legacy Companies, Danby, Frio Entreprise, SICAO, etc. In 2021, the global five largest players have a share approximately 42.12% in terms of revenue.

Fully considering the economic change by the COVID-19, Single Zone Wine Coolers accounting for 50.65% of the Wine Cellars global market in 2021, is projected to value US$ 710.09 million by 2028, growing at a revised 5.8% CAGR from 2022 to 2028. While Commercial segment is altered to an 5.01% CAGR throughout this forecast period and will hold a share about 70.07% in 2028.

The prime objective of Wine Cellars Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Wine Cellars Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Wine Cellars Market mainly focuses on wine cooler and fridges, or wine cabinet analysis.According to analysis team`s research, the global Sales in 2012 is 2963.1 K Units, and with the development of industry the production reached to 3236.8 K Units in 2017. Regional markets are influenced by demographic and socio-economic trends. In 2017, North America is expected to remain the largest market for Wine Cellars, accounting for 64.13% of the global consumption volume.

By Market Vendors:

• Haier
• Danby
• EdgeStar
• Avanti
• La Sommeliere
• Vinotemp
• Frigidaire
• Eurocave
• U-LINE
• NewAir
• Climadiff
• Viking Range
• Liebherr
• Avintage
• Kalorik
• Sunpentown
• Dometic

By Types:

• Single Zone Wine Coolers
• Dual Zone Wine Coolers
• Built-In Wine Coolers
• Big Wine Coolers

By Applications:

• Household
• Commercial

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
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• To understand the future outlook and prospects for the market.
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