Portable Mini Fridge Market : Growth, Innovation by Experts, Competitive Landscape and Outlook 2027 (Key Players: Indel B, ARB, Danby, Dometic, Engel, EdgeStar, Electrolux, Haier, Koolatron, Whirlpool, Whynter, AGA Marvel, Avanti Products)
Over the past few years, participation in outdoor recreational activities including outing, picnics, camping, trekking, and adventurous road trips among the consumers of different age groups has propelled the demand for portable mini fridges. These mini fridges are compact in size, lightweight, and consume low energy, which is perfect for storing food, beverages, and even medicines for the outdoor trips. Above-mentioned advantages are increasing the adoption of portable mini fridges among the buyers.
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Global Portable Mini Fridges market competition by top manufacturers/players, with Portable Mini Fridges sales volume, Price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including Indel B, ARB, Danby, Dometic, Engel, EdgeStar, Electrolux, Haier, Koolatron, Whirlpool, Whynter, AGA Marvel, Avanti Products, Coleman, Gourmia, Kegco, Felix Storch, FridgeFreeze, Igloo, LG Electronics, Midea, MCA Corporation, Panasonic, Sears Holdings Company, Uber Appliance, U-Line, Vinotemp International, XElectron
People prefer RVs, tents, and cabins for their camping, where these portable mini fridges find an important application of keeping freshness in various food and beverages. In addition, increasing importance of mobile homes and micro home on account of shifting focus towards luxury and convenience during the adventure trips including camping is expected to expand the scope for the portable mini fridges.
These portable mini fridges are also widely used in the hospitality sector including hotel rooms and suits, where they add luxury during hotel staying. Over the past few years, the hospitality sector has grown at a significant rate.
Increased participation by millennials in outdoor recreational activities, along with strong foothold of the hospitality sector including hotels, is expected to remain a key factor in driving the market for portable mini fridge in North America region. The region is one of the largest travel and tourism markets in the world. Asia pacific is expected to be the fastest growing market, expanding at a CAGR from 2019 to 2027 owing to increasing enthusiasm for camping, trekking, and other outdoor recreational activities among youths in the region. In addition, booming hotel industry is expected to drive the market for portable mini fridge in the region.
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2027. For the purpose of this study, Worldwide Market Reports has segmented the global portable mini fridge market report on the basis of application, distribution channel, and region.
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