Global Underbars Refrigeration Market 2017-2021

  • ID: 4115319
  • Report
  • Region: Global
  • 67 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • Beverage-Air
  • Bromic
  • Continental Refrigerator
  • Delfield
  • Haier
  • Micro Matic
  • MORE
About Underbars Refrigeration

Underbars refrigerators are designed for bottled alcoholic beverages and are mostly used in the front-of-the-house bar area. Underbars refrigerators have multiple configurations including one to four doors, drawers, or slide tops. Many manufacturers provide underbars refrigerators in such a way that they can be stacked. The slide tops in the underbars refrigerator help the operator store one type of beverage or product in a small space. The length of underbars refrigerator ranges from 24 to 72 inches, typically increasing in 12-inch increments. The depth of underbars refrigerators ranges from 24 to 34 inches.

The analysts forecast the global underbars refrigeration market to grow at a CAGR of 5.73% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global underbars refrigeration market for 2017-2021. To calculate the market size, the report considers the revenue generated from the Americas, Asia-Pacific (APAC), and Europe, the Middle East, and Africa (EMEA).

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Underbars Refrigeration Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
- Perlick
- SKOPE
- True Manufacturing
- Williams Refrigeration

Other prominent vendors
- Beverage-Air
- Bromic
- Continental Refrigerator
- Delfield
- Haier
- Micro Matic

Market drivers
- Increased focus on stacking bottles for better storage space.
- For a full, detailed list, view the full report

Market challenges
- High taxes and price of alcoholic beverages.
- For a full, detailed list, view the full report

Market trends
- Increasing focus on energy efficiency and low emission technology.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Beverage-Air
  • Bromic
  • Continental Refrigerator
  • Delfield
  • Haier
  • Micro Matic
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

Market overview

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Market segmentation by product

Global underbars refrigeration market by product

Global bottle coolers market

Global chillers and frosters market

PART 07: Geographical segmentation

Global underbars refrigeration market by geography

Underbars refrigeration market in Americas

Underbars refrigeration market in EMEA

Underbars refrigeration market in APAC

PART 08: Market drivers

Need to maintain proper beer temperature

Growing demand for chilled beverages

Increased focus on stacking bottles for better storage space

Increase in number of establishments with bar counters

PART 09: Impact of drivers

PART 10: Market challenges

Compressor failure

Phasing out of refrigerants

High taxes and price of alcoholic beverages

PART 11: Impact of drivers and challenges

PART 12: Market trends

Growing preference for underbars refrigerators with dual zone temperature changes

Increasing preference for customized underbars refrigerators

Increasing focus on energy efficiency and low emission technology

PART 13: Vendor landscape

Competitive landscape

PART 14: Key vendor analysis

Perlick

SKOPE

True Manufacturing

Williams Refrigeration

Other prominent vendors

PART 15: Appendix

List of abbreviations

PART 16: About the Author

List of Exhibits
Exhibit 01: Segmentation by product
Exhibit 02: Countries covered for market analysis
Exhibit 03: Standard conversion rates used in the report
Exhibit 04: Product offerings
Exhibit 05: Global commercial refrigeration market: Overview
Exhibit 06: Global underbars refrigeration market versus global commercial refrigeration market 2016
Exhibit 07: Global underbars refrigeration market 2016-2021 ($ millions)
Exhibit 08: Five forces analysis
Exhibit 09: Global underbars refrigeration market by product 2016
Exhibit 10: Global underbars refrigeration market by product 2021
Exhibit 11: Global bottle coolers market 2016-2021 ($ millions)
Exhibit 12: Global chillers and frosters market 2016-2021 ($ millions)
Exhibit 13: Global underbars refrigeration market by geography 2016
Exhibit 14: Global underbars refrigeration market by geography 2021
Exhibit 15: Underbars refrigeration market in Americas 2016-2021 ($ millions)
Exhibit 16: Underbars refrigeration market in EMEA 2016-2021 ($ millions)
Exhibit 17: Underbars refrigeration market in the Americas 2016-2021 ($ millions)
Exhibit 18: Planned hotel expansions in APAC
Exhibit 19: Serving temperature of different types of beer
Exhibit 20: Impact of drivers
Exhibit 21: Excise tax imposed on select US states 2015 ($ per gallon)
Exhibit 22: Impact of drivers and challenges
Exhibit 23: Product features
Exhibit 24: Company strength
Exhibit 25: Product features
Exhibit 26: Company strength
Exhibit 27: Product features
Exhibit 28: Company strength
Exhibit 29: Product features
Exhibit 30: Company strength
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Beverage-Air
  • Bromic
  • Continental Refrigerator
  • Delfield
  • Haier
  • Micro Matic
  • MORE
New Report Released: – Global Underbars Refrigeration Market 2017-2021

The author of the report recognizes the following companies as the key players in the global underbars refrigeration market: Perlick, SKOPE, True Manufacturing, and Williams Refrigeration.

Other Prominent Vendors in the market are: Beverage-Air, Bromic, Continental Refrigerator, Delfield, Haier, and Micro Matic.

Commenting on the report, an analyst from the research team said: “One trend in market is increasing preference for customized underbars refrigerators. Manufacturers are providing glass door underbars refrigerators that have radius front, slide doors, or swing doors. These underbars refrigerators have are air curtains and white or black vinyl exterior. The interior is made of NSF-approved white aluminum and a stainless-steel bottom. These underbars refrigerators are approximately 80-inches tall, and manufacturers provide customizable offerings to suit customer needs. Companies like True Manufacturing, Turboquip, and Foodserv provide different kinds of customized underbars refrigerators. These companies provide a wide range of custom-made, quality underbars refrigerator equipment specifically designed to meet the needs of commercial end-users. For instance, Perlick provides a custom-designed bar for various end-users.”

According to the report, one driver in market is growing demand for chilled beverages. The growth of the global underbars refrigeration market is directly proportional to the growth in the alcoholic beverage industry. During the forecast period, the volume expansion in underbars refrigeration market will be driven by emerging and developing countries rather than developed countries. During the forecast period, APAC will record a fast-paced growth in the alcoholic drinks market, with China and India as the key sources of this growth. In 2015, the alcoholic drinks market in APAC was estimated at $535.5 billion and is expected to reach $673.4 billion by 2020. The market for alcoholic drinks dominates the global beverage market. The global market for alcoholic drinks is expected to grow significantly during the forecast period. In 2015, the global alcoholic drinks market was valued at $2.26 trillion and is expected to reach $2.52 trillion by 2020. The increasing trend among consumers of social gatherings and spending evenings in pubs and lounges is expected to boost the market for alcoholic beverages at these commercial setups. As a result, these establishments are also increasing their focus on refrigeration equipment for bars so that they can enhance customer satisfaction.

Further, the report states that one challenge in market is phasing out of refrigerants. Manufacturers are designing underbars refrigerators that combine sustainability and efficiency. However, selecting suitable refrigerants has made this a challenging task. The US Environmental Protection Agency plans to phase out certain refrigerants that are contributing to global warming. Refrigerants such as R-22, a hydrochlorofluorocarbon refrigerant, have been linked to ozone depletion and come under intense scrutiny. The Montreal Protocol recommends the reduction of R-22 consumption by 99.5% below the US baseline by 2020. Although vendors are working on addressing these challenges, it can consume significant time and resources owing to problems of feasibility and economic justification. For instance, Hoshizaki is concerned about the volatility of R-290 and its effect on service technicians who will be working on the units and their transport.

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.
Note: Product cover images may vary from those shown
5 of 5
  • Perlick
  • SKOPE
  • True Manufacturing
  • Williams Refrigeration
  • Beverage-Air
  • Bromic
  • Continental Refrigerator
  • Delfield
  • Haier
  • Micro Matic
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll