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Portable Mini Fridge Market Size, Share, Development by 2025 | ARB, Danby, Dometic Group AB, EdgeStar (Living Direct, Inc.), Engel Australia Pty Ltd., Haier Inc

04-08-2019 05:34 AM CET | Industry, Real Estate & Construction

Press release from: Big Market Research

Portable mini fridge

Portable mini fridge

Portable mini fridge also known as travel mini fridge is a compact size fridge that can be easily moved around. The smaller frame and light weight allow it to be set up virtually anywhere. Typically, a portable mini fridge helps to keep food, beverages, cosmetics, and medicines cool while traveling or outing. A portable mini fridge is an ideal option for micro homes and RV (recreational vehicles) as it does not occupy a lot of space compared to the traditional counterpart. They are widely used across different hospitals and clinics to keep organs and drugs at a certain temperature. They also are very energy efficient as a baseline product in this category requires only 12 volts to function.

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The rise in the trend of outings and picnic in Western countries is expected to boost the growth of the portable mini fridge market. It plays an important role in keeping food, beverages, and other similar items fresh throughout the outing. The global portable mini fridge market is driven by a rise in the preference of consuming fresh and cooked food. Moreover, technological advancements leading to the emergence of more energy efficient models boost the growth of the portable mini fridge market. However, the high cost of the product hinders market growth. Adoption of micro home concepts & mobile homes and an increase in the adoption of recreational vehicles are expected to provide lucrative opportunities for market growth during the forecast period.

The portable mini fridge market is segmented based on type, application, and region. On the basis of type, the market is segmented into less than 1 cup. ft., 1‐1.9 cu. ft., 2‐2.9 cu. ft., 3‐3.9 cu. ft., and 4‐5 cup. ft. Based on application, the market is divided into commercial and residential use. By region, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

Europe is one of the regions where the adoption of portable mini fridge is high. The key players in the industry relied on acquisition and expansion as strategies to overcome competition and improve their share in the world market. The key players profiled in the report include ARB, Danby, Dometic Group AB, EdgeStar (Living Direct, Inc.), Engel Australia Pty Ltd., Haier Inc, Koolatron, LG Electronics, Godrej Group, and Whynter.

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The major players profiled in this study include: ARB, Danby, Dometic Group AB, EdgeStar (Living Direct, Inc.), Engel Australia Pty Ltd., Haier Inc, Koolatron, LG Electronics, Godrej Group

KEY BENEFITS FOR STAKEHOLDERS

The report provides an in-depth analysis of the current trends, drivers, and dynamics of the portable mini fridge market to elucidate the prevailing opportunities and potential investment pockets.

It offers qualitative trends as well as quantitative analysis from 2018 to 2025 to assist stakeholders to understand the market scenario.

In-depth analysis of the key segments demonstrates the types of diabetic footwear.

Competitive intelligence of the industry highlights the business practices followed by key players across geographies and the prevailing market opportunities.

The key players are profiled along with their strategies and developments to understand the competitive outlook of the industry.

Portable Mini Fridge Market Key Segments:

By Type: Less Than 1 cu. ft.,1‐1.9 cu. ft.,2‐2.9 cu. ft.,3‐3.9 cu. ft. and 4‐5 cu. ft.

By Application: Commercial Use and Home Use

By Country:

North America: U.S., Canada, Mexico

Europe: UK, Germany, France, Spain, Italy, Rest of Europe

Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific

LAMEA: Chile, Israel, South Africa, Rest of LAMEA

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Table of content:

CHAPTER 1: INTRODUCTION

CHAPTER 2: EXECUTIVE SUMMARY

CHAPTER 3: MARKET OVERVIEW

CHAPTER 4: PORTABLE MINI FRIDGE MARKET, BY FILTER TYPE

CHAPTER 5: PORTABLE MINI FRIDGE MARKET, BY APPLICATION

CHAPTER 6: PORTABLE MINI FRIDGE MARKET, BY DISTRIBUTION CHANNEL

CHAPTER 7: PORTABLE MINI FRIDGE MARKET, BY REGION

CHAPTER 8: COMPANY PROFILES

Similar Publisher Related report:

Global Portable Mini Fridge Market 2018 by Manufacturers, Regions, Type, and Application, Forecast to 2023

More summary: https://www.bigmarketresearch.com/global-portable-mini-fridge-2018-by-manufacturers-regions-type-and-application-forecast-to-2023-market/?utm_source=RR&utm_medium=SBL

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