Global Portable Mini Fridge Market 2023-2027

Report
155 Pages
April 2023
Region: Global
TechNavio
ID: 5791417

The portable mini fridge market is forecast to grow by USD 1,417.8 million during 2022-2027, accelerating at a CAGR of 5.45% during the forecast period. This report on the portable mini fridge market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for portable and compact refrigeration solutions, technological advancements, and rising disposable income and urbanization.

The analyst's portable mini fridge market is segmented as below:

By End-user

Commercial customers
Residential customers

By Distribution Channel

Offline
Online

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the increasing popularity of solar-powered portable mini fridges as one of the prime reasons driving the portable mini fridge market growth during the next few years. Also, the rise of e-commerce platforms and the growing adoption of recreational vehicles will lead to sizable demand in the market.

This report on the portable mini fridge market covers the following areas:

Portable mini fridge market sizing
Portable mini fridge market forecast
Portable mini fridge market industry analysis

The analyst's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading portable mini fridge market vendors that include AB Electrolux, ARB Corp. Ltd., Danby, Felix Storch Inc., Ferguson plc, FridgeFreeze Inc., Godrej and Boyce Manufacturing Co. Ltd., Gourmia Inc., Haier Smart Home Co. Ltd., Indel B S.p.a., Koolatron, LG Corp., Marvel Refrigeration, Panasonic Holdings Corp., Sawafuji Electric Co. Ltd., Stanley Black and Decker Inc., The Legacy Co., Uber Appliance, Whirlpool Corp., and Whynter LLC. Also, the portable mini fridge market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The analyst presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 13: Market segments

3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027

Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global portable mini fridge market 2017 - 2021

Exhibit 18: Historic Market Size - Data Table on Global portable mini fridge market 2017 - 2021 ($ million)

4.2 End-user Segment Analysis 2017 - 2021

Exhibit 19: Historic Market Size - End-user Segment 2017 - 2021 ($ million)

4.3 Distribution Channel Segment Analysis 2017 - 2021

Exhibit 20: Historic Market Size - Distribution Channel Segment 2017 - 2021 ($ million)

4.4 Geography Segment Analysis 2017 - 2021

Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)

4.5 Country Segment Analysis 2017 - 2021

Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary

Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers

Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers

Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027

5.4 Threat of new entrants

Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027

5.5 Threat of substitutes

Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027

5.6 Threat of rivalry

Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027

5.7 Market condition

Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

6.1 Market segments

Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

6.2 Comparison by End-user

Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user

6.3 Commercial customers - Market size and forecast 2022-2027

Exhibit 34: Chart on Commercial customers - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Commercial customers - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Commercial customers - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Commercial customers - Year-over-year growth 2022-2027 (%)

6.4 Residential customers - Market size and forecast 2022-2027

Exhibit 38: Chart on Residential customers - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Residential customers - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Residential customers - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Residential customers - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by End-user

Exhibit 42: Market opportunity by End-user ($ million)
Exhibit 43: Data Table on Market opportunity by End-user ($ million)

7 Market Segmentation by Distribution Channel

7.1 Market segments

Exhibit 44: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 45: Data Table on Distribution Channel - Market share 2022-2027 (%)

7.2 Comparison by Distribution Channel

Exhibit 46: Chart on Comparison by Distribution Channel
Exhibit 47: Data Table on Comparison by Distribution Channel

7.3 Offline - Market size and forecast 2022-2027

Exhibit 48: Chart on Offline - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on Offline - Year-over-year growth 2022-2027 (%)

7.4 Online - Market size and forecast 2022-2027

Exhibit 52: Chart on Online - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on Online - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on Online - Year-over-year growth 2022-2027 (%)

7.5 Market opportunity by Distribution Channel

Exhibit 56: Market opportunity by Distribution Channel ($ million)
Exhibit 57: Data Table on Market opportunity by Distribution Channel ($ million)

8 Customer Landscape

8.1 Customer landscape overview

Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation

Exhibit 59: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2022-2027 (%)

9.2 Geographic comparison

Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2022-2027

Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.4 Europe - Market size and forecast 2022-2027

Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.5 APAC - Market size and forecast 2022-2027

Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027

Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027

Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 US - Market size and forecast 2022-2027

Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)

9.9 France - Market size and forecast 2022-2027

Exhibit 87: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on France - Year-over-year growth 2022-2027 (%)

9.10 Germany - Market size and forecast 2022-2027

Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)

9.11 China - Market size and forecast 2022-2027

Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)

9.12 UK - Market size and forecast 2022-2027

Exhibit 99: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity By Geographical Landscape

Exhibit 103: Market opportunity By Geographical Landscape ($ million)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges

Exhibit 105: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape

Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption

Exhibit 107: Overview on factors of disruption

11.4 Industry risks

Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered

Exhibit 109: Vendors covered

12.2 Market positioning of vendors

Exhibit 110: Matrix on vendor position and classification

12.3 AB Electrolux

Exhibit 111: AB Electrolux - Overview
Exhibit 112: AB Electrolux - Business segments
Exhibit 113: AB Electrolux - Key news
Exhibit 114: AB Electrolux - Key offerings
Exhibit 115: AB Electrolux - Segment focus

12.4 ARB Corp. Ltd.

Exhibit 116: ARB Corp. Ltd. - Overview
Exhibit 117: ARB Corp. Ltd. - Product / Service
Exhibit 118: ARB Corp. Ltd. - Key offerings

12.5 Danby

Exhibit 119: Danby - Overview
Exhibit 120: Danby - Product / Service
Exhibit 121: Danby - Key offerings

12.6 Ferguson plc

Exhibit 122: Ferguson plc - Overview
Exhibit 123: Ferguson plc - Business segments
Exhibit 124: Ferguson plc - Key offerings
Exhibit 125: Ferguson plc - Segment focus

12.7 Godrej and Boyce Manufacturing Co. Ltd.

Exhibit 126: Godrej and Boyce Manufacturing Co. Ltd. - Overview
Exhibit 127: Godrej and Boyce Manufacturing Co. Ltd. - Business segments
Exhibit 128: Godrej and Boyce Manufacturing Co. Ltd. - Key offerings
Exhibit 129: Godrej and Boyce Manufacturing Co. Ltd. - Segment focus

12.8 Haier Smart Home Co. Ltd.

Exhibit 130: Haier Smart Home Co. Ltd. - Overview
Exhibit 131: Haier Smart Home Co. Ltd. - Business segments
Exhibit 132: Haier Smart Home Co. Ltd. - Key offerings
Exhibit 133: Haier Smart Home Co. Ltd. - Segment focus

12.9 Koolatron

Exhibit 134: Koolatron - Overview
Exhibit 135: Koolatron - Product / Service
Exhibit 136: Koolatron - Key offerings

12.10 LG Corp.

Exhibit 137: LG Corp. - Overview
Exhibit 138: LG Corp. - Business segments
Exhibit 139: LG Corp. - Key offerings
Exhibit 140: LG Corp. - Segment focus

12.11 Marvel Refrigeration

Exhibit 141: Marvel Refrigeration - Overview
Exhibit 142: Marvel Refrigeration - Product / Service
Exhibit 143: Marvel Refrigeration - Key offerings

12.12 Panasonic Holdings Corp.

Exhibit 144: Panasonic Holdings Corp. - Overview
Exhibit 145: Panasonic Holdings Corp. - Business segments
Exhibit 146: Panasonic Holdings Corp. - Key news
Exhibit 147: Panasonic Holdings Corp. - Key offerings
Exhibit 148: Panasonic Holdings Corp. - Segment focus

12.13 Sawafuji Electric Co. Ltd.

Exhibit 149: Sawafuji Electric Co. Ltd. - Overview
Exhibit 150: Sawafuji Electric Co. Ltd. - Product / Service
Exhibit 151: Sawafuji Electric Co. Ltd. - Key offerings

12.14 Stanley Black and Decker Inc.

Exhibit 152: Stanley Black and Decker Inc. - Overview
Exhibit 153: Stanley Black and Decker Inc. - Business segments
Exhibit 154: Stanley Black and Decker Inc. - Key news
Exhibit 155: Stanley Black and Decker Inc. - Key offerings
Exhibit 156: Stanley Black and Decker Inc. - Segment focus

12.15 The Legacy Co.

Exhibit 157: The Legacy Co. - Overview
Exhibit 158: The Legacy Co. - Product / Service
Exhibit 159: The Legacy Co. - Key offerings

12.16 Whirlpool Corp.

Exhibit 160: Whirlpool Corp. - Overview
Exhibit 161: Whirlpool Corp. - Business segments
Exhibit 162: Whirlpool Corp. - Key offerings
Exhibit 163: Whirlpool Corp. - Segment focus

12.17 Whynter LLC

Exhibit 164: Whynter LLC - Overview
Exhibit 165: Whynter LLC - Product / Service
Exhibit 166: Whynter LLC - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist

Exhibit 167: Inclusions checklist
Exhibit 168: Exclusions checklist

13.3 Currency conversion rates for US$

Exhibit 169: Currency conversion rates for US$

13.4 Research methodology

Exhibit 170: Research methodology
Exhibit 171: Validation techniques employed for market sizing
Exhibit 172: Information sources

13.5 List of abbreviations

Exhibit 173: List of abbreviations

Executive Summary

The analyst recognizes the following companies as the key players in the global portable mini fridge market: AB Electrolux, ARB Corp. Ltd., Danby, Felix Storch Inc., Ferguson plc, FridgeFreeze Inc., Godrej and Boyce Manufacturing Co. Ltd., Gourmia Inc., Haier Smart Home Co. Ltd., Indel B S.p.a., Koolatron, LG Corp., Marvel Refrigeration, Panasonic Holdings Corp., Sawafuji Electric Co. Ltd., Stanley Black and Decker Inc., The Legacy Co., Uber Appliance, Whirlpool Corp., and Whynter LLC.

Commenting on the report, one of the analysts from the research team said: "The latest trend gaining momentum in the market is increasing popularity of solar-powered portable mini-fridges."

According to the report, one of the major drivers for this market is the growing demand for portable and compact refrigeration solutions.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

AB Electrolux
ARB Corp. Ltd.
Danby
Felix Storch Inc.
Ferguson plc
FridgeFreeze Inc.
Godrej and Boyce Manufacturing Co. Ltd.
Gourmia Inc.
Haier Smart Home Co. Ltd.
Indel B S.p.a.
Koolatron
LG Corp.
Marvel Refrigeration
Panasonic Holdings Corp.
Sawafuji Electric Co. Ltd.
Stanley Black and Decker Inc.
The Legacy Co.
Uber Appliance
Whirlpool Corp.
Whynter LLC

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The analyst's portable mini fridge market is segmented as below:

By End-user

By Distribution Channel

By Geographical Landscape

This report on the portable mini fridge market covers the following areas:

Table of Contents

Executive Summary

Companies Mentioned (Partial List)

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