Dublin, Jan. 11, 2021 (GLOBE NEWSWIRE) -- The "Beverage Coolers - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Beverage Coolers estimated at US$22.7 Billion in the year 2020, is projected to reach a revised size of US$27.7 Billion by 2027, growing at a CAGR of 2.9% over the period 2020-2027. Non-Alcoholic Beverage Coolers, one of the segments analyzed in the report, is projected to record 3.3% CAGR and reach US$16.9 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 Alcoholic Beverage Coolers segment is readjusted to a revised 2.2% CAGR for the next 7-year period.
The Beverage Coolers market in the U. S. is estimated at US$6.1 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$5.6 Billion by the year 2027 trailing a CAGR of 5.4% 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 2.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.3% CAGR.
The 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.
Competitors identified in this market include, among others:
Daikin Industries Ltd.
Gree Electric Appliances, Inc. of Zhuhai
Hisense-Kelon Electrical Holdings Co., Ltd.
Lennox International, Inc.
NIBE Industrier AB
Qingdao Haier Co., Ltd.
Takasago Thermal Engineering Co. Ltd.
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Global Competitor Market Shares
Beverage Coolers 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
GEOGRAPHIC MARKET ANALYSIS
Total Companies Profiled: 46
For more information about this report visit https://www.researchandmarkets.com/r/hkfa0z
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