Wine Cabinets Market Forecast Report Showing All Growth Opportunities and Trends Analysis through the Time Period from 2017 to 2026 with Market Classification by Product Type, End User Type, Application and Technology

Demand for wine cabinets will be primarily driven by robust consumer demand for high-quality wines, owing to their increasing awareness about products through international media, in-store tastings, and wine clubs. Growing consumer sophistication is particularly beneficial for premium still red wine, which in turn creates demand for wine cabinets. This report, compiled by FactMR, provides in-depth analysis of the global Wine Cabinets Market for the forecast period 2017-2026, and offers key insights about future market direction.

The scope of FactMR’s report is to analyze the global wine cabinets market for the forecast period 2017-2026 and provide readers an unbiased and accurate analysis. Wine cabinets manufacturers, stakeholders, and suppliers in the global consumer goods sector can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and journals pertaining to wine cabinets.

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Wine cabinets are containers specially designed for storing wine bottles. Well-built wine cabinets serve as both efficient storage solutions and fine furniture. These cabinets comply with ideal wine storage conditions such as low vibration, ideal humidity and steady temperature, enabling the wine to age with perfection. Various types of wine cabinets currently available in the market include free-standing cabinets, Built-in cabinets, walk-in cellars, and integrated under counter cabinets.

Ornate wine rooms with cabinets and wall displays are becoming a must-have luxury for several wealthy wine collectors as well as enthusiasts. In a bid to cater these demands, many companies are offering bespoke designs & installation services and are reporting strong sales. With growing consumer interest in entertaining their guests at home, along with wider variety of wine witnessing a surge in momentum among the global population, wine cabinets are witnessing a rise in demand since the past few years. In most of the countries worldwide, wine cabinets are emerging as an imperative, desirable fixture for both premium and standard kitchens. In addition, combination cabinets are gaining huge traction in the market, and consumers are willing to spend more for combination products, which provide multi-storage & temperature facilities. Increasing number of fine wine lovers have become eager in portraying their collection of the most-prized wine bottles through commissioning luxurious wine cabinets.

North American consumers are shifting toward high-quality, premium wines, underpinned by growing intelligence on products that is fueled by in-store tastings, international media, and wine clubs. With growing wine consumption demand for wine cabinets will also witness a rise in the region. North America will continue to be the largest market for wine cabinets, in terms of value and volume, followed by Asia-Pacific excluding Japan (APEJ). However, the market in APEJ will register the fastest expansion through 2026.

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Free standing wine cabinets are gaining immense traction among consumers globally, and they are willing to pay premium for these cabinets owing to their advanced offerings related to temperature and storage. Free standing wine cabinets will therefore remain dominant among products in the market, with revenues forecast to account for approximately three-fifth share of the market by 2026-end. Alongside price, space has become a key consideration during the selection of wine cabinets, wherein integrated under counter and built-in wine cabinets are increasingly being preferred. These two products will also account for major revenue shares of the market during the forecast period.

Competition Tracking

Leading players in the market are increasing focusing on the provision of innovative and technologically advanced products at competitive prices, in order to retain their competitiveness in the market. These players are entering into mergers & acquisitions with smaller vendors for facilitating the raw material supply and expanding their market reach. Key players profiled by FactMR’s report, that are actively supporting the market expansion include Climadiff, Enofrigo, Liebherr, PERLICK, Eurocave, Electrolux, SUB-ZERO, Avanti, EDGESTAR, Danby, HAIER, and Middleby Corporation.

Table of Contents

Global Economic Outlook
Global Wine Cabinet Market - Executive Summary
Global Wine Cabinet Market Overview
3.1. Introduction

       3.1.1. Global Wine Cabinet Market Taxonomy

       3.1.2. Global Wine Cabinet Market Definition

3.2. Global Wine Cabinet Market Size (US$ Mn) and Forecast, 2012-2026

       3.2.1. Global Wine Cabinet Market Y-o-Y Growth

3.3. Global Wine Cabinet Market Dynamics

3.4. Supply Chain

3.5. Cost Structure

3.6. Regulatory Framework

3.7. PESTLE Analysis

3.8. Porters Five Force Analysis

3.9. Key Participants Market Presence (Intensity Map) By Region

Global Wine Cabinet Market Analysis and Forecast 2012-2026
4.1. Global Wine Cabinet Market Size and Forecast By Product Type, 2012-2026

       4.1.1. Free Standing Market Size and Forecast, 2012-2026

                4.1.1.1. Revenue (US$ Mn) and Volume Comparison, By Region

                4.1.1.2. Market Share Comparison, By Region

                4.1.1.3. Y-o-Y growth Comparison, By Region

Continued…………………….

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This release was published on openPR.