Product Code: PM3645
The global wine cabinets market size is expected to reach USD 1,763.90 million by 2032, according to a new study by Polaris Market Research. The report "Wine Cabinets Market Share, Size, Trends, Industry Analysis Report, By Product Type (Free Standing, Integrated Under Counter, Built-in, and Walk-in Cellars); By Technology; By Application; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market for wine cabinets is on the rise due to an increase in retailers, wine suppliers, and commercial kitchens worldwide, as well as the growing trend of incorporating them as stylish furniture pieces. People's rising income levels, changing lifestyles, preference for innovative technology, and the availability of various cabinet designs contribute to this growth. ASKO recently introduced a new under-counter wine climate cabinet to their collection, which has a sleek and minimalistic design and special features for long-term wine storage to prevent spoilage.
For instance, in May 2023, ASKO, introduced its new undercounter wine climate cabinet to its attractive wine storage collection, which offers a high-quality, sleek, and minimalistic finish. The new cabinets are designed with long-term storage and has so many special features ensuring that you never drink spoiled wine.
The significant increase in the number of consumers seeking wine cabinets that can be customized to meet their specific needs and preferences, including choosing the size, design, material, and features of the wine cabinet, which allows them to create unique storage solutions that fit seamlessly into their homes or commercial spaces along with the prevalence for sustainable and eco-friendly designs promote proper insulation and reduce the energy consumption, is likely to have a positive impact on the global market.
Some major product manufacturers now feature wine cabinets integrated with wine dispensing systems, allowing them to pour wine directly from the cabinet without opening the bottles. These systems use inert gas preservation methods that help maintain the quality and freshness of the wine after dispensing, leading to higher adoption among commercial settings, including bars and restaurants.
Wine Cabinets Market Report Highlights
Free standing segment accounted for largest market share in 2022, which is mainly driven by innovations in the capabilities of wine cabinets including rust-free properties and additional storage options
Electric-based segment is expected to grow at a healthy CAGR during the anticipated period, on account of its numerous features like better humidity control and superior temperature
Hotels segment held the majority market share in terms of revenue in 2022, mainly due to increased number of hotels adopting wine cabinets in order to enhance the appeal and store wine more decently
North America region dominated the global market with substantial market share in 2022, owing to growing consumer disposable income and high spending on luxury items like wine cabinets
The global key market players include: Avanti Products, Wine Cellar Innovations, Liebherr, Home Products, EuroCave Company, and Middleby Corporation
Polaris Market Research has segmented the wine cabinets market report based on product type, technology, application, and region:
Wine Cabinets, Product Type Outlook (Revenue - USD Million, 2023 - 2032)
- Free Standing
- Integrated Under Counter
- Built-in
- Walk-in Cellars
Wine Cabinets, Technology Outlook (Revenue - USD Million, 2023 - 2032)
- Compressed-based
- Electric-based
Wine Cabinets, Application Outlook (Revenue - USD Million, 2023 - 2032)
- Residential
- Hotels
- Restaurants
- Wine Retail Stores
- Supermarket
- Others
Wine Cabinets, Regional Outlook (Revenue - USD Million, 2023 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Wine Cabinets Market Insights
- 4.1. Wine Cabinets Market - Application Snapshot
- 4.2. Wine Cabinets Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growing need for connectivity and seamless integration with smart devices
- 4.2.1.2. Rising environmental consciousness and the demand for sustainable products worldwide are driving the growth of eco-friendly Wine Cabinets at rapid pace.
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High cost of Wine Cabinets limit the market growth
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Wine Cabinets Market Application Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Wine Cabinets Market, by Product Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 5.3. Free Standing
- 5.3.1. Global Wine Cabinets Market, by Free Standing, by Region, 2019-2032 (USD Million)
- 5.4. Integrated Under Counter
- 5.4.1. Global Wine Cabinets Market, by Integrated Under Counter, by Region, 2019-2032 (USD Million)
- 5.5. Built-in
- 5.5.1. Global Wine Cabinets Market, by Built-in, by Region, 2019-2032 (USD Million)
- 5.6. Walk-in Cellars
- 5.6.1. Global Wine Cabinets Market, by Walk-in Cellars, by Region, 2019-2032 (USD Million)
6. Global Wine Cabinets Market, by Technology
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 6.3. Compressed-based
- 6.3.1. Global Wine Cabinets Market, by Compressed-based, by Region, 2019-2032 (USD Million)
- 6.4. Electric-based
- 6.4.1. Global Wine Cabinets Market, by Electric-based, by Region, 2019-2032 (USD Million)
7. Global Wine Cabinets Market, by Application
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 7.3. Residential
- 7.3.1. Global Wine Cabinets Market, by Residential, By Region, 2019-2032 (USD Million)
- 7.4. Hotels
- 7.4.1. Global Wine Cabinets Market, by Hotels, By Region, 2019-2032 (USD Million)
- 7.5. Restaurants
- 7.5.1. Global Wine Cabinets Market, by Restaurants, By Region, 2019-2032 (USD Million)
- 7.6. Wine Retail Stores
- 7.6.1. Global Wine Cabinets Market, by Wine Retail Stores, By Region, 2019-2032 (USD Million)
- 7.7. Supermarket
- 7.7.1. Global Wine Cabinets Market, by Supermarket, By Region, 2019-2032 (USD Million)
- 7.8. Others
- 7.8.1. Global Wine Cabinets Market, by Others, By Region, 2019-2032 (USD Million)
8. Global Wine Cabinets Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Wine Cabinets Market Assessment, By Geography, 2019-2032 (USD Million)
- 8.3. Wine Cabinets Market - North America
- 8.3.1. North America: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.3.2. North America: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.3.3. North America: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.3.4. Wine Cabinets Market - U.S.
- 8.3.4.1. U.S.: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.3.4.2. U.S.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.3.4.3. U.S.: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.3.5. Wine Cabinets Market - Canada
- 8.3.5.1. Canada: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.3.5.2. Canada.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.3.5.3. Canada: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.4. Wine Cabinets Market - Europe
- 8.4.1. Europe: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.4.2. Europe.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.4.3. Europe: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.4.4. Wine Cabinets Market - UK
- 8.4.4.1. UK: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.4.4.2. UK.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.4.4.3. UK: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.4.5. Wine Cabinets Market - France
- 8.4.5.1. France: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.4.5.2. France.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.4.5.3. France: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.4.6. Wine Cabinets Market - Germany
- 8.4.6.1. Germany: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.4.6.2. Germany.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.4.6.3. Germany: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.4.7. Wine Cabinets Market - Italy
- 8.4.7.1. Italy: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.4.7.2. Italy.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.4.7.3. Italy: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.4.8. Wine Cabinets Market - Spain
- 8.4.8.1. Spain: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.4.8.2. Spain.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.4.8.3. Spain: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.4.9. Wine Cabinets Market - Netherlands
- 8.4.9.1. Netherlands: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.4.9.2. Netherlands.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.4.9.3. Netherlands: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.4.10. Wine Cabinets Market - Russia
- 8.4.10.1. Russia: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.4.10.2. Russia.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.4.10.3. Russia: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.5. Wine Cabinets Market - Asia Pacific
- 8.5.1. Asia Pacific: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.5.2. Asia Pacific.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.5.3. Asia Pacific: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.5.4. Wine Cabinets Market - China
- 8.5.4.1. China: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.5.4.2. China.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.5.4.3. China: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.5.5. Wine Cabinets Market - India
- 8.5.5.1. India: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.5.5.2. India.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.5.5.3. India: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.5.6. Wine Cabinets Market - Malaysia
- 8.5.6.1. Malaysia: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.5.6.2. Malaysia.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.5.6.3. Malaysia: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.5.7. Wine Cabinets Market - Japan
- 8.5.7.1. Japan: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.5.7.2. Japan.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.5.7.3. Japan: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.5.8. Wine Cabinets Market - Indonesia
- 8.5.8.1. Indonesia: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.5.8.2. Indonesia.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.5.8.3. Indonesia: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.5.9. Wine Cabinets Market - South Korea
- 8.5.9.1. South Korea: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.5.9.2. South Korea.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.5.9.3. South Korea: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.6. Wine Cabinets Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.6.2. Middle East & Africa.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.6.3. Middle East & Africa: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.6.4. Wine Cabinets Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.6.4.2. Saudi Arabia.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.6.4.3. Saudi Arabia: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.6.5. Wine Cabinets Market - UAE
- 8.6.5.1. UAE: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.6.5.2. UAE.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.6.5.3. UAE: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.6.6. Wine Cabinets Market - Israel
- 8.6.6.1. Israel: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.6.6.2. Israel.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.6.6.3. Israel: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.6.7. Wine Cabinets Market - South Africa
- 8.6.7.1. South Africa: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.6.7.2. South Africa.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.6.7.3. South Africa: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.7. Wine Cabinets Market - Latin America
- 8.7.1. Latin America: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.7.2. Latin America.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.7.3. Latin America: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.7.4. Wine Cabinets Market - Mexico
- 8.7.4.1. Mexico: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.7.4.2. Mexico.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.7.4.3. Mexico: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.7.5. Wine Cabinets Market - Brazil
- 8.7.5.1. Brazil: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.7.5.2. Brazil.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.7.5.3. Brazil: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
- 8.7.6. Wine Cabinets Market - Argentina
- 8.7.6.1. Argentina: Wine Cabinets Market, by Product Type, 2019-2032 (USD Million)
- 8.7.6.2. Argentina.: Wine Cabinets Market, by Application, 2019-2032 (USD Million)
- 8.7.6.3. Argentina: Wine Cabinets Market, by Technology, 2019-2032 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. HAIER
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. .Delsey S.A.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Wine Enthusiast Companies
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Enofrigo
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Liebherr
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. PERLICK
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Avanti Products
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Wine Cellar Innovations
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Esigo
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Joseph & Curtis
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Middleby Corporation
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Electrolux
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Home Products
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. AB Electrolux
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Vigilant
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development
- 10.16. Thermador
- 10.16.1. Company Overview
- 10.16.2. Financial Performance
- 10.16.3. Product Benchmarking
- 10.16.4. Recent Development
- 10.17. Perlick Corporation
- 10.17.1. Company Overview
- 10.17.2. Financial Performance
- 10.17.3. Product Benchmarking
- 10.17.4. Recent Development
- 10.18. EuroCave Company
- 10.18.1. Company Overview
- 10.18.2. Financial Performance
- 10.18.3. Product Benchmarking
- 10.18.4. Recent Development
- 10.19. Living Direct
- 10.19.1. Company Overview
- 10.19.2. Financial Performance
- 10.19.3. Product Benchmarking
- 10.19.4. Recent Development
- 10.20. EDGESTAR.
- 10.20.1. Company Overview
- 10.20.2. Financial Performance
- 10.20.3. Product Benchmarking
- 10.20.4. Recent Development