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Global Residential Wine Cabinets Market Insights and Forecast to 2027
Wine cabinets let people store the bottles for long and short term use. They will not only keep the wine stored properly but they are a good mean if some people want to show their wine colDanbytion to their friends. Wine stored and served at the right temperature is important for better taste as well as for proper aging of the wine and wine cabinets let people do this. Wine cabinets are also available in different sizes, shapes, color, material and different price range.
The huge downstream demand for wine cabinets has been and remains fairly stable.
North American wine cabinet production ranks first in the world, with EMEA and APAC ranking second and third.
Danby is the world's largest wine cabinet manufacturer, Middelby ranks second; Avanti ranks third in the world.
In the next five years, global wine cabinet consumption will further show an upward trend. Despite the intense competition and price decline, due to stable demand, and related industry development. Investors are quite optimistic about this industry. In the near future, more new investors will enter this field.
Market Analysis and Insights: Global Residential Wine Cabinets Market
The global Residential Wine Cabinets market is valued at US$ 1503 million in 2019. The market size will reach US$ 1513.6 million by the end of 2026, growing at a CAGR of 0.1% during 2021-2026.
Global Residential Wine Cabinets Scope and Market Size
Residential Wine Cabinets market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Residential Wine Cabinets market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Freestanding
Integrated Under-Counter
Built-in (slot in)
Walk-in Cellars
Segment by Application
Residential
Restaurants
Hotels
Pubs/Bars
Others
By Company
Middleby Corporation
HAIER
Danby
Avanti
EDGESTAR
SUB-ZERO
Electrolux
Eurocave
PERLICK
Liebherr
Enofrigo
Climadiff
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
Frequently Asked Questions
Residential Wine Cabinets report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Residential Wine Cabinets report is categorised based on following features:
- Global Market Players
- Geopolitical regions
- Consumer Insights
- Technological advancement
- Historic and Future Analysis of the Market
Residential Wine Cabinets report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.
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