UK Minibar Refrigerators Market Size & Outlook, 2024-2030
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UK minibar refrigerators market highlights
- The UK minibar refrigerators market generated a revenue of USD 14.7 million in 2022 and is expected to reach USD 17.5 million by 2030.
- The UK market is expected to grow at a CAGR of 2.2% from 2023 to 2030.
- In terms of segment, absorption was the largest revenue generating technology in 2022.
- Thermoelectric/ Peltier is the most lucrative technology segment registering the fastest growth during the forecast period.
Minibar refrigerators market data book summary
| Market revenue in 2022 | USD 14.7 million |
| Market revenue in 2030 | USD 17.5 million |
| Growth rate | 2.2% (CAGR from 2022 to 2030) |
| Largest segment | Absorption |
| Fastest growing segment | Thermoelectric/ Peltier |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Absorption, Thermoelectric/ Peltier, Compression |
| Key market players worldwide | Dometic Group AB, Indel B, Felix Storch, Minibar Systems, Hisense Home Appliances Group Co Ltd Class H, TEFCOLD, Koolatron, Bartech Systems International |
Other key industry trends
- In terms of revenue, UK accounted for 4.3% of the global minibar refrigerators market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany minibar refrigerators market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 22.5 million by 2030.
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Minibar Refrigerators Market Scope
Minibar Refrigerators Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Bartech Systems International | View profile | 11-50 | Las Vegas, Nevada, United States, North America | https://bartech.com/ |
| TEFCOLD | View profile | 11-50 | Castle Donington, York, United Kingdom, Europe | https://www.tefcold.co.uk/ |
| Minibar Systems | View profile | 101-250 | Rockville, Maryland, United States, North America | https://minibarsystems.com/ |
| Felix Storch | View profile | - | Bronx, New York, United States, North America | https://felixstorchinc.com |
| Indel B | View profile | 251-500 | Sant'agata Feltria, Emilia-Romagna, Italy, Europe | http://www.indelb.com |
| Koolatron | View profile | 11-50 | Batavia, New York, United States, North America | https://www.koolatron.com |
| Dometic Group AB | View profile | 8093 | Hemvarnsgatan 15, 6th Floor, Solna, Sweden, SE-171 54 | https://www.dometic.com |
| Hisense Home Appliances Group Co Ltd Class H | View profile | 56240 | No 148 Connaught Road West, Room 3101-3105, Singga Commercial Centre, Hong kong, Hong Kong, 528303 | https://hxjd.hisense.cn |
UK minibar refrigerators market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to minibar refrigerators market will help companies and investors design strategic landscapes.
Absorption was the largest segment with a revenue share of 55.78% in 2024. Horizon Databook has segmented the UK minibar refrigerators market based on absorption, thermoelectric/ peltier, compression covering the revenue growth of each sub-segment from 2017 to 2030.
In the U.K., specialty retailers play a crucial role in addressing specific market demands and ensuring consumers can find the products they seek. As trends and consumer preferences continue to evolve, retailers like MiniFridge.co.uk and Alexander Appliances Direct Ltd can adapt and provide solutions that cater to the changing needs of their customers in the U.K.
For example, Alexander Appliances Direct Ltd plays a significant role in the U.K. commercial catering refrigeration industry. The retailer has a diverse product range, and supplies catering equipment directly to hotels, bars, restaurants, cafes, etc., for the smooth operation of businesses, institutions, and individuals that require catering equipment and refrigeration solutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK minibar refrigerators market , including forecasts for subscribers. This country databook contains high-level insights into UK minibar refrigerators market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UK minibar refrigerators market size, by technology, 2017-2030 (US$M)
UK Minibar Refrigerators Market Outlook Share, 2024 & 2030 (US$M)
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