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Global Beverage Coolers Market Trajectory & Analytics to 2027 - A $27.7 Billion Market by 2027

Research and Markets
·2-min read

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.

  • Ferguson PLC

  • Gree Electric Appliances, Inc. of Zhuhai

  • Hisense-Kelon Electrical Holdings Co., Ltd.

  • Lennox International, Inc.

  • NIBE Industrier AB

  • Qingdao Haier Co., Ltd.

  • Rinnai Corporation

  • Takasago Thermal Engineering Co. Ltd.

  • Watsco, Inc.

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

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2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 46

For more information about this report visit https://www.researchandmarkets.com/r/hkfa0z

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900