Global Mini Refrigerator Market Size study, by Product (Single Door Refrigerators, Double Door Refrigerators), by Price Range (Economic Mini Refrigerators, Mid-range Mini Refrigerators, Premium Mini Refrigerators), by Capacity (Less Than 1 cu. Ft Mini Ref

Global Mini Refrigerator Market Size study, by Product (Single Door Refrigerators, Double Door Refrigerators), by Price Range (Economic Mini Refrigerators, Mid-range Mini Refrigerators, Premium Mini Refrigerators), by Capacity (Less Than 1 cu. Ft Mini Refrigerators, 1-1.9 cu. Ft Mini Refrigerators, 2-2.9 cu. Ft Mini Refrigerators, 3-3.9 cu. Ft Mini Refrigerators, 4-5 cu. Ft Mini Refrigerators), by End-User (Residential Mini Refrigerators, Commercial Mini Refrigerators), by Sales Channel (Wholesalers/Distributors, Hypermarkets/Supermarkets, Multi-brand Stores, Exclusive Stores, Independent Small Stores, Online Retailers, Other Sales Channels) and Regional Forecasts 2022-2028

Global Mini Refrigerator Market is valued at approximately USD 1.23 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.7 % over the forecast period 2022-2028. Mini Refrigerators are small refrigerators that are used to keep food and beverages cool and fresh. Such appliances are available in a range of sizes, shapes, and capacities on the market. Mini Refrigerators with direct chilling technology and adequate freezing space are appropriate refrigerator combinations for residential customers. The Mini Refrigerator is portable storage equipment with great performance less costly, smaller, and energy-efficient which led to the adoption of Mini Refrigerator across the forecast period. For Instance: as per Statista in 2022, every year, more than 200 million refrigerators are sold around the world, earning more than $100 billion in income. Also, the rising outdoor activities such as camping and trekking, wide availability in retail locations and on the internet are likely to increase the market growth during the forecast period. However, poor at cooling at higher ambient temperatures impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the Global Mini Refrigerator market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the portability feature with great performance coupled with the less costly, smaller, and energy-efficient. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as rising outdoor activities viz camping and trekking, wide availability in retail locations, and on the internet would create lucrative growth prospects for the Mini Refrigerator market across Asia-Pacific region.

Major market players included in this report are:
The Whirlpool Corporation
Samsung Electronics
Godrej Appliances
LG Electronics
Haier Group Corporation
Electrolux AB
Panasonic Corporation
Siemens AG
ARB Company
Highsense Infotech

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Single Door Refrigerators
Double Door Refrigerators
By Price Range:
Economic Mini Refrigerators
Mid-range Mini Refrigerators
Premium Mini Refrigerators
By Capacity:
Less Than 1 cu. Ft Mini Refrigerators
1-1.9 cu. Ft Mini Refrigerators
2-2.9 cu. Ft Mini Refrigerators
3-3.9 cu. Ft Mini Refrigerators
4-5 cu. Ft Mini Refrigerators
By End-User:
Residential Mini Refrigerators
Commercial Mini Refrigerators
By Sales Channel:
Wholesalers/Distributors
Hypermarkets/Supermarkets
Multi-brand Stores
Exclusive Stores
Independent Small Stores
Online Retailers
Other Sales Channels
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Mini Refrigerator Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

The Whirlpool Corporation
Samsung Electronics
Godrej Appliances
LG Electronics
Haier Group Corporation
Electrolux AB
Panasonic Corporation
Siemens AG
ARB Company
Highsense Infotech

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