Minibar Market Size Analysis by Product (Automatic, Manual), by Technology (Absorption, Compression, Thermoelectric), by Application (Transportation, Commercial & Residential buildings), and Segment Forecasts, 2014-2024

  • ID: 4576025
  • Report
  • 54 pages
  • Hexa Research
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FEATURED COMPANIES

  • Bartech
  • Dometic Group AB (publ)
  • Indel B S.p.A.
  • Minibar Systems
  • Vitrifrigo
  • MORE
The global minibar market size to reach USD 1.49 billion by 2024, owing to the transformation, growth, and emergence of the hospitality industry worldwide. With the rise in the demand for customer satisfaction and necessity of enhancing profitability in the hotel industry, the demand of minibars is estimated to grow over the forecast period.

In addition, the increasing prerequisites of consumers and guests for hassle free services, high comfort, facilities, and luxury while travelling and their stay at elite hotels is anticipated to encourage the market growth. This in turn is expected to reassure the hotel industry to focus on providing value added services such as safety box, laundry, Wi-Fi, ironing, dry cleaning, minibars, in-room dining and others. One of the services offered by exclusive hotels nowadays is the in-room minibars, which adds to customer experience.

The prevailing rate of installation of minibars in rooms of luxury hotels poses growth potential for the global minibar market. Cherishable customer experiences results in enhanced customer loyalty and promotes continued association of customers in future as well, which in turn fuels the growth of minibar market on a global scale.

In terms of product type, the automatic minibars market is expected to grow driven by rise in technological advancements, and use of automated systems in the hospitality industry to ensure privileged services and ensure hassle-free customer handling.

The market for absorption minibars market is estimated to develop swiftly on account of the existing properties such as environment friendly, completely silent, highly reliable, energy efficient, and offers an extended service life. With the rise in technological advancements, automatic minibars can detect missing items, charge the guests based on the usage of the products using sensors and can be synchronized with the property management system (PMS) of hotels.

The use of minibars owing to the features offered by them such as fully automated systems which solve issues faced by hotels and offices at operational levels is projected to fuel the overall market growth over the forecast period. The use of minibar in hotels to deliver customer satisfaction is expected to support the market growth for the global minibar market during the forecast period.

In terms of geography, the use of minibars in Asia Pacific is estimated to develop the fastest owing to the budding commercial and hospitality sector, growing tourism, and large customer base in the hospitality, recreational, and other commercial spaces.

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FEATURED COMPANIES

  • Bartech
  • Dometic Group AB (publ)
  • Indel B S.p.A.
  • Minibar Systems
  • Vitrifrigo
  • MORE
Chapter 1. Executive Summary

Chapter 2. Methodology and Scope
2.1. Research methodology
2.2. Assumptions
2.3. List of data sources

Chapter 3. Introduction
3.1. Research scope & market segmentation

Chapter 4. Minibar Market Trends: Drivers & Opportunities
4.1. Key industry trends
4.1.1. Market drivers
4.1.2. Market restraints
4.2. Value chain analysis
4.3. Porter's Five Forces analysis

Chapter 5. Minibar Market Trends, By Product
5.1. Global minibar market movement, by product, 2016 & 2024
5.1.1. Automatic
5.1.1.1. Market movement, by automatic, 2014 - 2024 (USD Million)
5.1.2. Manual
5.1.2.1. Market movement, by manual, 2014 - 2024 (USD Million)

Chapter 6. Minibar Market Trends, By Technology
6.1. Global minibar market movement, By technology, 2016 & 2024
6.1.1. Absorption
6.1.1.1. Market movement, by absorption, 2014 - 2024 (USD Million)
6.1.2. Compression
6.1.2.1. Market movement, by compression, 2014 - 2024 (USD Million)
6.1.3. Thermoelectric
6.1.3.1. Market movement, by thermoelectric, 2014 - 2024 (USD Million)

Chapter 7. Minibar Market Trends, By Application
7.1. Global minibar market movement, by application, 2016 & 2024
7.1.1. Transportation
7.1.1.1. Market movement, by transportation, 2014 - 2024 (USD Million)
7.1.2. Commercial & Residential buildings
7.1.2.1. Market movement, by commercial & residential buildings, 2014 - 2024 (USD Million)

Chapter 8. Minibar Market Trends, By Region
8.1. Global minibar market movement, by region, 2014 & 2024
8.1.1. North America
8.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million)
8.1.1.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million)
8.1.1.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million)
8.1.1.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million)
8.1.2. Europe
8.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million)
8.1.2.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million)
8.1.2.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million)
8.1.2.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million)
8.1.3. Asia Pacific
8.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Million)
8.1.3.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million)
8.1.3.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million)
8.1.3.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million)
8.1.4. Central & South America
8.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Million)
8.1.4.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million)
8.1.4.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million)
8.1.4.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million)
8.1.5. Middle East & Africa
8.1.5.1. Market estimates and forecast, 2014 - 2024 (USD Million)
8.1.5.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million)
8.1.5.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million)
8.1.5.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million)

Chapter 9. Key Country Markets
9.1. U.S.
9.1.1. U.S. minibar market, 2014 - 2024 (USD Million)
9.2. Canada
9.2.1. Canada minibar market, 2014 - 2024 (USD Million)
9.3. Germany
9.3.1. Germany minibar market, 2014 - 2024 (USD Million)
9.4. UK
9.4.1. UK minibar market, 2014 - 2024 (USD Million)
9.5. China
9.5.1. China minibar market, 2014 - 2024 (USD Million)

Chapter 10. Competitive Landscape
10.1. Company market share, 2016
10.2. Strategic framework
10.3. Company profiles
10.3.1. Bartech
10.3.1.1. Company Overview
10.3.1.2. Product Benchmarking
10.3.1.3. Financial Performance
10.3.1.4. Recent Initiatives
10.3.2. Dometic Group AB (publ)
10.3.2.1. Company Overview
10.3.2.2. Product Benchmarking
10.3.2.3. Financial Performance
10.3.2.4. Recent Initiatives
10.3.3. Indel B S.p.A.
10.3.3.1. Company Overview
10.3.3.2. Product Benchmarking
10.3.3.3. Financial Performance
10.3.3.4. Recent Initiatives
10.3.4. Vitrifrigo
10.3.4.1. Company Overview
10.3.4.2. Product Benchmarking
10.3.4.3. Financial Performance
10.3.4.4. Recent Initiatives
10.3.5. Minibar Systems
10.3.5.1. Company Overview
10.3.5.2. Product Benchmarking
10.3.5.3. Financial Performance
10.3.5.4. Recent Initiatives
10.3.6. List of other vendors

List of Tables
1. Market Driver Analysis
2. Market Restraint Analysis
3. North America minibar market, 2014-2024 (USD Million)
4. North America minibar market, by product, 2014-2024 (USD Million)
5. North America minibar market, by technology, 2014-2024 (USD Million)
6. North America minibar market, by application, 2014-2024 (USD Million)
7. Europe Minibar market, 2014-2024 (USD Million)
8. Europe Minibar market, by product, 2014-2024 (USD Million)
9. Europe Minibar market, by technology, 2014-2024 (USD Million)
10. Europe Minibar market, by application, 2014-2024 (USD Million)
11. Asia Pacific minibar market, 2014-2024 (USD Million)
12. Asia Pacific minibar market, by product, 2014-2024 (USD Million)
13. Asia Pacific minibar market, by technology, 2014-2024 (USD Million)
14. Asia Pacific Minibar market, by application, 2014-2024 (USD Million)
15. Central & South America minibar market, 2014-2024 (USD Million)
16. Central & South America minibar market, by product, 2014-2024 (USD Million)
17. Central & South America minibar market, by technology, 2014-2024 (USD Million)
18. Central & South America minibar market, by application, 2014-2024 (USD Million)
19. Middle East & Africa minibar market, 2014-2024 (USD Million)
20. Middle East & Africa minibar market, by product, 2014-2024 (USD Million)
21. Middle East & Africa minibar market, by technology, 2014-2024 (USD Million)
22. Middle East & Africa minibar market, by application, 2014-2024 (USD Million)
23. U.S. minibar market, 2014-2024 (USD Million)
24. Canada minibar market, 2014-2024 (USD Million)
25. Germany minibar market, 2014-2024 (USD Million)
26. UK minibar market, 2014-2024 (USD Million)
27. China minibar market, 2014-2024 (USD Million)

List of Figures
1. Market segmentation
2. Value chain analysis
3. Porter’s Five Forces’ analysis
4. Global minibar market movement, by product, 2016 & 2024
5. Global minibar market, by automatic, 2014-2024 (USD Million)
6. Global minibar market, by manual, 2014-2024 (USD Million)
7. Global minibar market, by technology, 2014-2024 (USD Million)
8. Global minibar market movement, by absorption, 2016 & 2024
9. Global minibar market, by compression, 2014-2024 (USD Million)
10. Global minibar market, by thermoelectric, 2014-2024 (USD Million)
11. Global minibar market, by application, 2014-2024 (USD Million)
12. Global minibar market, by transportation, 2014-2024 (USD Million)
13. Global minibar market, by commercial & residential buildings, 2014-2024 (USD Million)
14. Global minibar market movement, by region, 2016 & 2024
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  • Bartech
  • Dometic Group AB (publ)
  • Indel B S.p.A.
  • Vitrifrigo
  • Minibar Systems
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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