Beverage Refrigeration Market Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2024
Category: #reports  By Ashwin Naphade  Date: 2019-01-21
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Beverage Refrigeration Market Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2024

The report presenting a comprehensive exploration of the global Beverage Refrigeration encloses the rate of growth of the market over the projected duration. Providing a concise synopsis, the report determines the valuation and size of the Beverage Refrigeration in the near future. It also includes the major contributing factors to the growth of the global Beverage Refrigeration as well as the dominating players in the market coupled with their market share.

 

Escalating demand for refrigerators to store and serve drinks for social gathering and private events, is a key factor driving beverage refrigeration market growth. Ongoing technological advances to reduce the overall cooling time and consumer demand for distinctive features such as bottom freezer drawer and powerful filtered water will boost beverage refrigeration market .

 

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Increasing consumer preference for packaged drinks which are convenient to consume at home will support the product demand. According to recent statistics, the global consumption of packaged drinks was estimated more than 1.05 trillion liters in 2016 and Chinese consumption amounted to about 178.6 billion liters.

Manufacturers are anticipated to invest in new product development to comply with new energy standards implemented by the regulatory bodies. Further, increasing penetration of refrigerators that employ specific features such as modifiable shelves to accommodate bottles and cans will boost product sales.

 

Under counter beverage refrigerator was valued at over USD 1 billion in 2016. Product offering such as stainless-steel body or custom panel-ready fronts are stimulating the demand. In addition, better shelving and temperature control will support segment penetration over the forecast period.

 

Rising demand to preserve milk in dairy shops will propel coolers demand over the projected timeframe. Diary companies are upgrading their existing capacities, and setting up cold storages along with the processing plant. This will generate the overall revenue over the forecast period.

 

Storage beverage refrigeration estimated to register over 4% CAGR in terms of volume by 2024. Increasing demand of premium refrigerators with aesthetic features in high end restaurants, convenience stores and professional kitchens will propel industry .

 

North America beverage refrigeration market is anticipated to surpass USD 1 billion by 2024.   This can be credited to escalating consumption of refreshment drinks and technological improvements in refrigeration systems. In addition, government encouraging utilization of energy-efficient and eco-friendly technologies in refrigerators.

 

Asia Pacific market holds over 20% of overall industry share in 2016. According to industry estimates, the region is anticipated to account for more than two-thirds of the global beverages consumption by 2020. The region accounts for 60% of the world population and increasing consumption will provide lucrative opportunities for manufacturers.

 

Global beverage refrigeration market is fragmented in nature. Key industry players are Electrolux, Daikin Industries, Avanti, Dover Corporation, KingsBottle, Whirlpool Corporation, Edgestar, Haier, Ford and General Electrics. Other Industry participants are Koolatron, Coca-Cola, Danfoss, Gamko, Liebherr, Marvel, Kegco, Danby, Johnson Controls, U-line, HABCO, Allavino, Kenmore, Marvel, United Technologies Corporation and Illinois Tool Works.

 

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Technological advancement is expected to positively influence the industry . Mergers & acquisition is anticipated to be key strategy to widen their geographical presence and improve their profitability.

 

Key Table Points Covered in Beverage Refrigeration Market Report:

 

 Beverage Refrigeration Market Research Report 2019

 

 Beverage Refrigeration Market Competition by Manufacturers

 

 Beverage Refrigeration Capacity, Production, Revenue (Value) by Region (2019-2025)

 

 Beverage Refrigeration Supply (Production), Consumption, Export, Import by Region (2019-2025)

 

 Beverage Refrigeration Production, Revenue (Value), Price Trend by Type

 

 Beverage Refrigeration Market Analysis by Application

 

 Beverage Refrigeration Manufacturers Profiles/Analysis

 

Beverage Refrigeration Manufacturing Cost Analysis

 

Industrial Chain, Sourcing Strategy and Downstream Buyers

 

Beverage Refrigeration Marketing Strategy Analysis, Distributors/Traders

 

Beverage Refrigeration Market Effect Factors Analysis


 The Key Objectives of The Report Are as Follows:

 

  • Define, Analyze and Forecast Beverage Refrigeration Market by Product Applications, Key Players and Region.
    Forecast the Market Size with Varied Segments Concerning Main Regions 
  • Give Elaborated Data Regarding the Foremost Factors (Opportunities, Drivers, Restraints, And Industry-Specific Challenges) Influencing the Expansion of Beverage Refrigeration Market.
  • Analyze the Industry with Relation to Individual Growth Trends, Prospects and Contributions to The Whole Beverage Refrigeration Market.
  • Analyze Opportunities Within the Marketplace for Varied Stakeholders by Distinguishing the High-Growth Segments of Beverage Refrigeration Market.
  • Profile the Key Players and Comprehensively Analyses Their Market Position in Terms of Ranking and Core Competencies Together with The Competitive Landscape.
  • Analyze Competitive Developments, Like Partnerships and Joint Ventures, New Product Developments, Expansions, And Development in Beverage Refrigeration Market.

 

Key Points Covered in The Beverage Refrigeration Market Research Reports:

 

Industry Overview: Definition, Brief Introduction of Major Classifications, Applications, Major Regions.

 

Production Market Analysis:  Beverage Refrigeration Market Capacity, Production, Capacity Utilization Rate, Ex-Factory Price, Revenue, Cost, Gross and Gross Margin Analysis, Major Manufacturers Performance and Market Share, Regional Market Performance and Market Share.

 

Sales Market Analysis:  Sales Volume, Sales Price and Sales Revenue Analysis, Regional Sales Market Analysis.

 

Consumption Market Analysis:  Consumption Volume Analysis, Regional Consumption Market Analysis, Regional Market Performance and Market Share.

 

Production, Sales and Consumption Market Comparison Analysis: By Regional Beverage Refrigeration Market Performance and Market Share.

 

Major Manufacturers Production and Sales Market Comparison Analysis:  and Regional Major Manufacturers Production and Sales Market Comparison Analysis.


Complete report titled at https://www.marketstudyreport.com/reports/beverage-refrigeration-market

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About Author

Ashwin Naphade

Email: [email protected]   

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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