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Published: Aug, 2019 | Pages:
80 | Publisher: Grand View Research
Industry: Consumer Goods | Report Format: Electronic (PDF)
The global portable mini fridge market size is expected to reach USD 1.3 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.2% over the forecast period. Increasing application of portable fridges in outdoor recreational vehicles including RVs, caravans, motorhomes, campervans, and vanity vans is expected to remain a key factor for the market growth. In addition, improvement in the hotel industry at the global level as a result of increasing travel spending by millennials for business and personal trips is expected to promote the scope for portable mini fridges over the next few years. Enthusiasm for outdoor recreational activities such as camping has grown significantly among working professionals across the globe. These trends are driving the manufacturers of RVs, caravans, and motorhomes to add more luxury to their products so that the customers find them more productive and luxurious during their outing. Customers' preference is shifting towards more luxury during their outing, which, in turn, will prompt the use of portable mini fridge in the foreseeable future. Portable mini fridges also find a wide application in hotel rooms and suites, which is expected to opens new avenues for the market. Moreover, the hotel industry is growing at a significant rate across the globe. Major players include Marriott International, InterContinental Hotels Group, and Hilton Worldwide are investing in the expansion of their hotel chain in the untapped markets. For instance, in 2019, Hilton group has planned to inaugurate its new nine hotels around the world including countries such as Algeria, Colombia, Tajikistan, China, and India. Increasing investment in the establishment of new hotels is projected to promote the utility of compact and portable fridge in the foreseeable future. North America was the largest regional market, accounting for 30.7% share of the total revenue in 2018 owing to increased participation by millennials in outdoor recreational activities in U.S. and Canada. In addition, positive outlook towards the hospitality sector in U.S. on account of increasing number of foreign travelers for vacation and professional trips is expected to promote the scope for the portable mini fridges in the near future. Further key findings from the report suggest: • The commercial application segment held the largest share of more than 70.0% in 2018 owing to wide application in the RVs, caravans, motorhomes, campervans, and vanity vans • North America was the largest market, accounting for 30.7% share of the global revenue in 2018 owing to increased number of millennial participants in outdoor recreational activities in U.S. • Online distribution channel is expected to expand at the fastest CAGR of 5.6% from 2019 to 2025 owing to availability of a wide range of products with huge offers and discounts by some of the key e-commerce portals including Alibaba and Amazon • Key players include in the portable mini fridge market are Midea Group; ARB; Danby; DOMETIC GROUP AB (PUBL; Living Direct, Inc.; Engel Australia Pty Ltd.; Haier Inc.; Whirlpool Corporation; Godrej Group; Electrolux AB; and WHYNTER LLC.
Table of Contents
Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR's Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Portable Mini Fridge Market Variables, Trends & Scope
3.1. Market Introduction
3.2. Penetration & Growth Prospect Mapping
3.3. Industry Value Chain Analysis
3.3.1. Sales/Retail Channel Analysis
3.3.2. Profit Margin Analysis
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business Environment Analysis
3.5.1. Industry Analysis - Porter's
3.5.1.1. Supplier Power
3.5.1.2. Buyer Power
3.5.1.3. Substitution Threat
3.5.1.4. Threat from New Entrant
3.5.1.5. Competitive Rivalry
3.6. Roadmap of Portable Mini Fridge Market
3.7. Market Entry Strategies
Chapter 4. Consumer Behavior Analysis
4.1. Consumer Trends and Preferences
4.2. Factors Affecting Buying Decision
4.3. Consumer Application Adoption
4.4. Observations & Recommendations
Chapter 5. Portable Mini Fridge Market: Application Estimates & Trend Analysis
5.1. Application Movement Analysis & Market Share, 2018 & 2025
5.2. Residential
5.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
5.3. Commercial
5.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 6. Portable Mini Fridge Market: Distribution Channel Estimates & Trend Analysis
6.1. Distribution Channel Movement Analysis & Market Share, 2018 & 2025
6.2. Offline
6.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
6.3. Online
6.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
Chapter 7. Portable Mini Fridge Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2018 & 2025
7.2. North America
7.2.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.2.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.2.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.2.4. U.S.
7.2.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.2.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.2.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.3. Europe
7.3.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.3.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.3.4. U.K.
7.3.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.3.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.3.5. Germany
7.3.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.5.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.3.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.3.6. France
7.3.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.3.6.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.3.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.4. Asia Pacific
7.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.4.4. China
7.4.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.4.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.4.5. India
7.4.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.4.5.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.4.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.5. Central & South America
7.5.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.5.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.5.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.5.4. Brazil
7.5.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.5.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.5.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.6. Middle East & Africa (MEA)
7.6.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.6.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.6.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
7.6.4. UAE
7.6.4.1. Market estimates and forecast, 2015 - 2025 (USD Million)
7.6.4.2. Market estimates and forecast, by application, 2015 - 2025 (USD Million)
7.6.4.3. Market estimates and forecast, by distribution channel, 2015 - 2025 (USD Million)
Chapter 8. Competitive Analysis
8.1. Key global players, recent developments & their impact on the industry
8.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
8.3. Vendor Landscape
8.3.1. Key company market share analysis, 2018
Chapter 9. Company Profiles
9.1. Midea Group
9.1.1. Company Overview
9.1.2. Financial Performance
9.1.3. Technology Benchmarking
9.1.4. Strategic Initiatives
9.2. ARB
9.2.1. Company Overview
9.2.2. Financial Performance
9.2.3. Technology Benchmarking
9.2.4. Strategic Initiatives
9.3. Danby
9.3.1. Company Overview
9.3.2. Financial Performance
9.3.3. Technology Benchmarking
9.3.4. Strategic Initiatives
9.4. DOMETIC GROUP AB (PUBL)
9.4.1. Company Overview
9.4.2. Financial Performance
9.4.3. Technology Benchmarking
9.4.4. Strategic Initiatives
9.5. Living Direct, Inc.
9.5.1. Company Overview
9.5.2. Financial Performance
9.5.3. Technology Benchmarking
9.5.4. Strategic Initiatives
9.6. Engel Australia Pty Ltd.
9.6.1. Company Overview
9.6.2. Financial Performance
9.6.3. Technology Benchmarking
9.6.4. Strategic Initiatives
9.7. Haier Inc.
9.7.1. Company Overview
9.7.2. Financial Performance
9.7.3. Technology Benchmarking
9.7.4. Strategic Initiatives
9.8. Whirlpool Corporation
9.8.1. Company Overview
9.8.2. Financial Performance
9.8.3. Technology Benchmarking
9.8.4. Strategic Initiatives
9.9. Godrej Group
9.9.1. Company Overview
9.9.2. Financial Performance
9.9.3. Technology Benchmarking
9.9.4. Strategic Initiatives
9.10. Electrolux AB
9.10.1. Company Overview
9.10.2. Financial Performance
9.10.3. Technology Benchmarking
9.10.4. Strategic Initiatives
List of Tables 1. Portable mini fridge - Key market driver analysis 2. Portable mini fridge - Key market restraint analysis 3. Global portable mini fridge market estimates and forecast for residential applications, 2015 - 2025 (USD Million) 4. Global portable mini fridge market estimates and forecast for commercial applications, 2015 - 2025 (USD Million) 5. Global portable mini fridge market estimates and forecast, by offline, 2015 - 2025 (USD Million) 6. Global portable mini fridge market estimates and forecast, by online, 2015 - 2025 (USD Million) 7. North America portable mini fridge market estimates and forecast, 2015 - 2025 (USD Million) 8. North America portable mini fridge market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 9. North America portable mini fridge market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 10. U.S. portable mini fridge market estimates and forecast, 2015 - 2025 (USD Million) 11. U.S. portable mini fridge market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 12. U.S. portable mini fridge market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 13. Europe portable mini fridge market estimates and forecast, 2015 - 2025 (USD Million) 14. Europe portable mini fridge market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 15. Europe portable mini fridge market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 16. U.K. portable mini fridge market estimates and forecast, 2015 - 2025 (USD Million) 17. U.K. portable mini fridge market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 18. U.K. portable mini fridge market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 19. Germany portable mini fridge market estimates and forecast, 2015 - 2025 (USD Million) 20. Germany portable mini fridge market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 21. Germany portable mini fridge market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 22. France portable mini fridge market estimates and forecast, 2015 - 2025 (USD Million) 23. France portable mini fridge market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 24. France portable mini fridge market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 25. Asia Pacific portable mini fridge market estimates and forecast, 2015 - 2025 (USD Million) 26. Asia Pacific portable mini fridge market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 27. Asia Pacific portable mini fridge market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 28. China portable mini fridge market estimates and forecast, 2015 - 2025 (USD Million) 29. China portable mini fridge market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 30. China portable mini fridge market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 31. India portable mini fridge market estimates and forecast, 2015 - 2025 (USD Million) 32. India portable mini fridge market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 33. India portable mini fridge market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 34. Central & South America portable mini fridge market estimates and forecast, 2015 - 2025 (USD Million) 35. Central & South America Portable mini fridge market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 36. Central & South America portable mini fridge market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 37. Brazil portable mini fridge market estimates and forecast, 2015 - 2025 (USD Million) 38. Brazil portable mini fridge market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 39. Brazil portable mini fridge market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 40. Middle East & Africa portable mini fridge market estimates and forecast, 20145- 2025 (USD Million) 41. Middle East & Africa portable mini fridge market revenue estimates and forecast by application 2015 - 2025 (USD Million) 42. Middle East & Africa portable mini fridge market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 43. UAE portable mini fridge market estimates and forecast, 2015 - 2025 (USD Million) 44. UAE portable mini fridge market revenue estimates and forecast by application, 2015 - 2025 (USD Million) 45. UAE portable mini fridge market revenue estimates and forecast by distribution channel, 2015 - 2025 (USD Million) 46. Vendor landscape List of Figures 1. Portable mini fridge market snapshot 2. Portable mini fridge market segmentation & scope 3. Portable mini fridge market penetration & growth prospect mapping 4. Portable mini fridge value chain analysis 5. Portable mini fridge market dynamics 6. Portable mini fridge market Porter's analysis 7. Portable mini fridge market: Application movement analysis 8. Portable mini fridge market: Distribution Channel movement analysis 9. Portable mini fridge market: Regional movement analysis
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