What is Single Zone Wine Coolers Market?
The Wine cooler is used to keep the wine cool and unspoiled until ready to pop the cork and drink it. Single zone wine coolers are units that can be set to one temperature, and that temperature is maintained throughout the entire appliance. Single zone wine cooler is easily adjustable and maintainable, and it’s a great option to store your wines in a designated space instead of stockpiling everything in the refrigerator. The numerous wines and their different organoleptic qualities require best preservation to maintain their characteristics and ensure that their taste does not change over time. Thus, companies are developing new wine cooler refrigerators with optimal temperatures and ideal humidity levels. Further, the innovative technologies solutions and optimised electronics are improving the performance of wine cooler refrigerators. The growth of disposable income along with changing life style fuels the demand for chilled and frozen beverages. However, it is not used for long-term storage of wine.
The market study is being classified by Type (Thermoelectric Wine Coolers, Compressor Wine Coolers and Others), by Application (Home Use and Commercial Use) and major geographies with country level break-up.
Haier (Hong Kong), Frigidaire (United States), Whirlpool (United States), Kegco (United States), Danby (United States), Electrolux Appliances (Sweden), Panasonic (Japan), Kaff (India), Ugur Cooling (Turkey), Heatcraft Refrigeration Products (United States) and Vinotemp (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Single Zone Wine Coolers market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Single Zone Wine Coolers market by Type, Application and Region.
On the basis of geography, the market of Single Zone Wine Coolers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Disposable Income Along With Changing Lifestyle
- The Increase in the Consumption of Alcoholic Beverages
Market Trend
- Increasing Trend to Provide an Aesthetic Look to Convenience Stores and Restaurants As Well As Residents
Restraints
- High Cost Associate to Wine Cooler Refrigerator
Opportunities
- Increasing Demand and Introduction of Innovative Products
Challenges
- Cannot Used for Long Term Storage of Wine
Key Target Audience
Manufacturers of Single Zone Wine Coolers, Suppliers of Single Zone Wine Coolers Parts, Wholesalers, Distributors and Retailers of Single Zone Wine Coolers, Research Firms and Others