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Analysts Forecast the Global Beverage Coolers Market to Grow at a CAGR of 5.14% During the Period 2016-2020 added new research report on"Global Beverage Coolers Market 2016-2020" to its huge collection.


Albany, NY -- (SBWIRE) -- 01/29/2016 -- About Beverage Coolers

The beverage cooler market will grow at a consistent pace in the forecast period with major demand arising from Western and Southern European countries and the US, where consumption of a variety of beverages is relatively high. Developments in the residential construction market will also positively impact the demand for such high end appliances.

Consumers in developed counties like the US and Western European countries have adopted the trend of incorporating entertaining rooms in their homes. In order to make serving and storing beverages convenient, consumers are investing in wine coolers and beverage centers.

Analysts forecast the global beverage coolers market to grow at a CAGR of 5.14% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global beverage coolers market for the period 2016-2020. To calculate market size, the report considers the revenue generated from the sale of the beverage coolers for the residential segment in the following segments:
Beverage centers
Wine coolers

Report, Global Beverage Coolers Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Qingdao Haier
Sears Holding Company

Other prominent vendors
AGA Marvel
Avanti Products
Vinotemp International

Market driver
Growth in the global beverage market
For a full, detailed list, view our report

Market challenge
Threat from ordinary household refrigerators
For a full, detailed list, view our report

Market trend
Growth of modular kitchens
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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