Press release
Beverage Refrigeration Market Emerging Growth by Top Players | Electrolux, Daikin Industries, Avanti, Dover Corporation, KingsBottle, Whirlpool Corporation, Edgestar, Haier, Ford and General Electrics. Other Industry participants are Koolatron, Coca-Cola,
Escalating demand for refrigerators to store and serve drinks for social gathering and private events, is a key factor driving beverage refrigeration market growth. Ongoing technological advances to reduce the overall cooling time and consumer demand for distinctive features such as bottom freezer drawer and powerful filtered water will boost beverage refrigeration market .
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Increasing consumer preference for packaged drinks which are convenient to consume at home will support the product demand. According to recent statistics, the global consumption of packaged drinks was estimated more than 1.05 trillion liters in 2016 and Chinese consumption amounted to about 178.6 billion liters.
Manufacturers are anticipated to invest in new product development to comply with new energy standards implemented by the regulatory bodies. Further, increasing penetration of refrigerators that employ specific features such as modifiable shelves to accommodate bottles and cans will boost product sales.
Under counter beverage refrigerator was valued at over USD 1 billion in 2016. Product offering such as stainless-steel body or custom panel-ready fronts are stimulating the demand. In addition, better shelving and temperature control will support segment penetration over the forecast period.
Rising demand to preserve milk in dairy shops will propel coolers demand over the projected timeframe. Diary companies are upgrading their existing capacities, and setting up cold storages along with the processing plant. This will generate the overall revenue over the forecast period.
Storage beverage refrigeration estimated to register over 4% CAGR in terms of volume by 2024. Increasing demand of premium refrigerators with aesthetic features in high end restaurants, convenience stores and professional kitchens will propel industry .
North America beverage refrigeration market is anticipated to surpass USD 1 billion by 2024. This can be credited to escalating consumption of refreshment drinks and technological improvements in refrigeration systems. In addition, government encouraging utilization of energy-efficient and eco-friendly technologies in refrigerators.
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Asia Pacific market holds over 20% of overall industry share in 2016. According to industry estimates, the region is anticipated to account for more than two-thirds of the global beverages consumption by 2020. The region accounts for 60% of the world population and increasing consumption will provide lucrative opportunities for manufacturers.
Global beverage refrigeration market is fragmented in nature. Key industry players are Electrolux, Daikin Industries, Avanti, Dover Corporation, KingsBottle, Whirlpool Corporation, Edgestar, Haier, Ford and General Electrics. Other Industry participants are Koolatron, Coca-Cola, Danfoss, Gamko, Liebherr, Marvel, Kegco, Danby, Johnson Controls, U-line, HABCO, Allavino, Kenmore, Marvel, United Technologies Corporation and Illinois Tool Works.
Key Table Points Covered in Beverage Refrigeration Market Report:
1. Beverage Refrigeration Market Research Report 2017
2. Beverage Refrigeration Market Competition by Manufacturers
3. Beverage Refrigeration Capacity, Production, Revenue (Value) by Region (2017-2024)
4. Beverage Refrigeration Supply (Production), Consumption, Export, Import by Region (2017-2024)
5. Beverage Refrigeration Production, Revenue (Value), Price Trend by Type
6. Beverage Refrigeration Market Analysis by Application
7. Beverage Refrigeration Manufacturers Profiles/Analysis
8. Beverage Refrigeration Manufacturing Cost Analysis
9. Industrial Chain, Sourcing Strategy and Downstream Buyers
10. Beverage Refrigeration Marketing Strategy Analysis, Distributors/Traders
11. Beverage Refrigeration Market Effect Factors Analysis
Key questions answered in the Beverage Refrigeration Market report:
• What will the Beverage Refrigeration Market Size and the Growth rate be in 2024?
• What are the key market trends impacting the growth of the Beverage Refrigeration market?
• Who are the key manufacturers of Beverage Refrigeration industry: Company Introduction, Product Specification and Major Types Analysis, Production Market Performance, Sales Market Performance, Contact Information?
• What are the types and applications of Beverage Refrigeration? What is the market share of each type and application: production, revenue, price, Market Size (Sales) Market Share by Type?
• What are the upstream raw materials and manufacturing equipment of Beverage Refrigeration Market? Up Stream Industries Analysis, Raw Material and Suppliers, Equipment and Suppliers, Manufacturing Analysis, Manufacturing Process, Manufacturing Cost Structure, Manufacturing Plants Distribution Analysis, Industry Chain Structure Analysis
• What is the (North America, South America, Europe, Africa, Middle East, Asia, China, Japan) production, production value, consumption, consumption value, import and export of Beverage Refrigeration?
• What are the Beverage Refrigeration market opportunities and threats faced by the vendors in the Beverage Refrigeration Industry?
Report Content
Chapter 1. Methodology & Scope
1.1. Methodology
1.1.1. Initial data exploration
1.1.2. Statistical model and forecast
1.1.3. Industry insights and validation
1.1.4. Definitions & forecast parameters
1.2. Data sources
1.2.1. Primary
1.2.2. Secondary
Chapter 2. Executive Summary
2.1. Global beverage refrigeration industry 360 degree synopsis, 2013 -2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Regional trends
Chapter 3. Global Beverage Refrigeration Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Distribution channel analysis
3.3.2. Profit margin trends
3.3.3. Vendor matrix
3.3.3.1. Role
3.3.3.2. Product portfolio
3.3.3.3. Global presence
3.4. Technology landscape
3.5. Raw material analysis
3.6. Industry best practices & key buying criteria
3.7. Regulatory landscape
3.7.1. U.S.
3.7.2. Europe
3.7.3. Asia Pacific
3.7.4. Latin America
3.7.5. Middle East & Africa
3.8. Pricing analysis
3.8.1. Regional pricing
3.8.1.1. North America
3.8.1.2. Europe
3.8.1.3. Asia Pacific
3.8.1.4. Latin America
3.8.1.5. MEA
3.8.2. Cost structure analysis
3.9. Industry impact forces
3.9.1. Growth drivers, by region
3.9.1.1. North America
3.9.1.2. Europe
3.9.1.3. Asia Pacific
3.9.1.4. Latin America
3.9.1.5. MEA
3.9.2. Industry pitfalls & challenges
3.10. Innovation & sustainability
3.11. Growth potential analysis
3.12. Competitive landscape, 2016
3.12.1. Market share analysis
3.12.2. Key stake holders
3.12.3. Strategy dashboard
3.13. Porter's analysis
3.14. PESTEL analysis
Chapter 4. Global Beverage Refrigeration Market, By Product
4.1. Global beverage refrigeration market share by product, 2016 & 2024
4.2. Under counter beverage refrigerator
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013-2024
4.2.3. Gliding door
4.2.3.1. Market estimates and forecast, 2013 - 2024
4.2.3.2. Market estimates and forecast, by region, 2013-2024
4.2.4. Swing door
4.2.4.1. Market estimates and forecast, 2013 - 2024
4.2.4.2. Market estimates and forecast, by region, 2013-2024
4.3. Countertop beverage refrigerator
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013-2024
4.3.3. Gliding door
4.3.3.1. Market estimates and forecast, 2013 - 2024
4.3.3.2. Market estimates and forecast, by region, 2013-2024
4.3.4. Swing door
4.3.4.1. Market estimates and forecast, 2013 - 2024
4.3.4.2. Market estimates and forecast, by region, 2013-2024
4.4. Storage beverage refrigerator
4.4.1. Market estimates and forecast, 2013 - 2024
4.4.2. Market estimates and forecast, by region, 2013-2024
4.5. Milk coolers
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013-2024
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