The "Portable Mini Fridge - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to the 7th edition of this report. The 181-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Portable Mini Fridge Market to Reach $4.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Portable Mini Fridge estimated at US$3.4 Billion in the year 2020, is projected to reach a revised size of US$4.1 Billion by 2027, growing at a CAGR of 2.8% over the period 2020-2027.
Residential, one of the segments analyzed in the report, is projected to record 2.5% CAGR and reach US$1.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the OEMs/Commercial/Institutional segment is readjusted to a revised 2.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $919.9 Million, While China is Forecast to Grow at 5% CAGR
The Portable Mini Fridge market in the U.S. is estimated at US$919.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$826.7 Million by the year 2027 trailing a CAGR of 5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.
Competitors identified in this market include, among others:
- AGA Marvel
- ARB Corporation Ltd.
- Avanti Products
- Danby Products Ltd.
- Dometic Corporation
- EdgeStar
- Electrolux AB
- Felix Storch, Inc.,
- FridgeFreeze Inc.
- Gourmia Inc.
- Haier Group
- Indel B S. p. A.
- Kegco
- Koolatron
- LG Electronics Inc.
- MCA Corporation
- Midea Group
- Panasonic Corporation
- Sears Holdings Corporation
- The Coleman Co., Inc.
- Uber Appliance
- U-Line Corporation
- Vinotemp International, Inc.
- Whirlpool Corporation
- Whynter LLC
- XElectron Technologies Pvt. Ltd.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Portable Mini Fridge Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 43
For more information about this report visit https://www.researchandmarkets.com/r/zgmtl0
View source version on businesswire.com: https://www.businesswire.com/news/home/20201023005282/en/
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