Recent Fact.MR data shows that demand for built-in wine coolers is predicted to rise in 2021. Sales are expected to rise once the impact of COVID-19 wears off. A new industry report from Fact.MR tracks global sales of built-in wine coolers for 2016-2020. The report offers an economic forecast for the decade 2021-2031.
Key Developments in Built-in Wine Coolers
In July 2020, Ardesto announced the introduction of two new models in the WCBI-M44 and WCF-M34 categories of large household appliances. An Ardesto WCF-M34 is equipped with a built-in wine cooler and features a glass door and metal shelves.
In addition, Ardesto WCBI-M44 features an integrated wine cooler that can cool down to 44 bottles with glass doors, wooden shelves, and two temperature zones. Furthermore, the coolers can be controlled by touch screens for the desired temperature between 5 degrees and 18 degrees, which comes with a LED backlight, warning systems for doors left open, and can detect temperature deviations.
Another instance involves KAFF Wine Coolers, which are made of superior quality materials, ensuring that the appropriate temperature is maintained for the integrity of the wine. In addition to dual temperature settings, the device’s wine cooler offers different temperatures for red and white wines. This wine cooler features large wooden shelves with sliding doors, electrical protection with an anti-UV grade 1 glass, a compressor with a fan, a black glass door, and a black casing with a light.
Key players in the market are:
- Electrolux Appliances
- Zero Zone
- Ugur Cooling
- MCA Corporation
- GE Appliances
The research report presents a comprehensive assessment of the built-in wine coolers market and contains thoughtful insights, facts, and historical data, as well as statistically supported and industry-validated market data.
Built-in Wine Coolers- Introduction
The global market for built-in wine coolers is expected to witness notable growth during the forecast period. A built-in wine cooler is a prominent way of storing and exhibiting wines, especially in wine shops and households.
The need for keeping wines at the ideal temperature for optimum aging is driving the global market. The built-in wine coolers facilitate maintaining the taste of wines for a longer period of time.
The popularity of wine is rising in countries like the US, UK, Spain, Italy, etc. will further fuel the demand for built-in wine coolers. There are two types of technology-based built-in wine coolers – Compressor based and Thermoelectric based. The compressor-based built-in wine cooler is mainly for commercial use. The thermoelectric-based built-in wine coolers are mainly used by the household sector due to affordability and energy efficiency.
Dual-zone built-in wine coolers are widely used in the commercial sector due to their high storage capacity while the single-zone built-in wine coolers are used in the home use sector. The commercial segment accounts for higher revenue as compared to the household segment and this trend is anticipated to continue in the forthcoming years.
Built-In Wine Coolers – Segmentation
The global Built-in wine coolers market can be segmented on the basis of type, application, the technology used, and geographical regions.
Based on type, the market can be segmented as:
- Dual Zone built-in wine coolers
- Single Zone built-in wine coolers
On the basis of application, built-in wine coolers are classified as:
- Commercial Use
- Home Use
The market can be segmented, based on the technology, as:
- Thermoelectric Built-In Wine Coolers
- Compressor Built-In Wine Coolers
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