Press release
Portable Mini Fridge Market Size, Share, Price Trends, Demand and Business Applications with Top Key Players like LG Electronics Inc., Living Direct Inc. (Ferguson plc), Panasonic Corporation, Whirlpool Corporation and Whynter LL
Portable Mini Fridge Market Outlook
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report. The baler market is segmented by size and region. The report provides an analysis of the key trends in each sub-segment of the market, along with forecasts at the global and regional level from 2022-2027. The report also includes competitive landscape of major key players in the industry along with emerging trends in the market.
Informed covered in the report:
• Historical market data from 2016-2021
• CAGR of the market during the forecast period 2022-2027
• Detailed information on factors that will drive market growth during the next five years
• Precise estimation of the Keyword market size and its contribution to the parent market
• Upcoming market trends and changes in consumer behavior
• A thorough analysis of the market's competitive landscape and detailed information on key players
• Comprehensive details of factors that will challenge the growth of smart meters market key players
Industry Overview and Application:
A portable mini fridge refers to a compact refrigerator that can be moved and carried around easily. It is available in numerous shapes, capacities, and sizes and operates on minimal power. Mini fridges contain a compact compressor, expansion valves, refrigerant, heat-exchanging pipes coiled outside the unit, etc. They are used for storing various products, such as cosmetics and pharmaceutical drugs, while maintaining their freshness, especially during travel. Consequently, these fridges are extensively utilized in vanity vans, marine cruises, leisure yachts, recreational vehicles (RVs), mobile and small homes, medical transport units, etc.
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Market Trends and Drivers:
The escalating demand for cold storage systems in luxury vehicles across the globe is among the primary factors driving the portable mini fridge market. Besides this, the shifting consumer preferences towards mobile homes as an affordable alternative for first-time homeowners and frequent travelers are further bolstering the market growth. Additionally, the increasing demand for high-capacity mini-fridges to store temperature-sensitive pharmaceutical drugs with specific storage requirements is also augmenting the global market. Apart from this, the introduction of innovative product variants with adjustable automatic battery protection systems to prevent vehicle battery rundown is acting as another growth-inducing factor. Furthermore, the growing popularity of outdoor recreational activities, such as picnics, camping, road trips, etc., is projected to fuel the portable mini fridge market over the forecasted period.
Portable Mini Fridge Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape with Key Players:
The competitive landscape of the global portable mini fridge market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
• ARB USA
• Danby Products Limited
• Dometic Group AB (OTCMKTS: DTCGF)
• Engel Distribution Pty Ltd.
• Godrej Industries Limited (NSE: GODREJIND)
• Haier Group Corporation
• Koolatron Corporation
• LG Electronics Inc. (KRX: 066570)
• Living Direct Inc. (Ferguson plc)
• Panasonic Corporation (OTCMKTS: PCRFY)
• Whirlpool Corporation (NYSE: WHR)
• Whynter LLC
Key Market Segmentation:
The report has segmented the global portable mini fridge market on the basis of product type, technology, application, distribution channel and region.
Breakup by Product Type:
• Less Than 1 cu. ft.
• 9 cu. ft.
• 9 cu. ft.
• 9 cu. ft.
• 45 cu. ft.
Breakup by Technology:
• Compressor Refrigeration
• Semiconductor Refrigeration
Breakup by Application:
• Residential
• Commercial
Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Specialty Stores
• Retail Stores
• Online Stores
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/portable-mini-fridge-market
Key Highlights of the Report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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