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North America Minibar Refrigerators Market Size, Share & Industry Trends Analysis Report By End-use, By Technology (Absorption, Thermoelectric/ Peltier and Compression), By Country and Growth Forecast, 2023 - 2030

Published Date : 31-Oct-2023

Pages: 132

Formats: PDF

The North America Minibar Refrigerators Market would witness market growth of 3.5% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 458.6 thousand units, showcasing a growth of 3.9% (2019-2022).

The expanding hospitality sector is a major growth driver for the market. As tourism and travel expand, hotels and lodgings strive to improve guest experiences. Minibar refrigerators are a convenient and cost-effective way for hotels to provide refreshments and snacks in visitor rooms, contributing significantly to guest satisfaction and revenue. In many hotels, the desire to provide visitors with more personalized services has led to the adoption of minibar refrigerators, driving the demand for these appliances.

The trend of gatherings and house parties has created a demand for additional space to store beverages and frozen refreshments while dining in backyards, terraces, and gardens. The increased preference of householders for dedicated cold storage facilities for an uninterrupted supply of beverages and appetizers for such occasions has led to the widespread adoption of minibar refrigerators in residential settings. Moreover, the growing involvement of millennials in outdoor recreational activities and the robust presence of the hospitality sector, particularly hotels, are expected to play a significant role in propelling the market.

Minibar refrigerators have been popular amenities in various hospitality settings, including cruise ships and caravans (also known as RVs or motorhomes) across North America. These small refrigerators offer convenience to travelers by allowing them to store and chill beverages, snacks, and small food items in their cabins or vehicles. As transportation spending rises, businesses in the hospitality sector may invest in amenities like minibar refrigerators to attract travelers and enhance their overall experience. The factors mentioned above will drive the market growth in this region.

The US region dominated the North America Minibar Refrigerators Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $86.3 Million by 2030. The Canada region is experiencing a CAGR of 5.9% during (2023 - 2030). Additionally, The Mexico region would exhibit a CAGR of 5% during (2023 - 2030).

Based on End-use, the market is segmented into Hospitality, Transportation (Marines, Cruise Ships, Campervans/RVs and Others), Offices, Household and Others. Based on Technology, the market is segmented into Absorption, Thermoelectric/ Peltier and Compression. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Minibar Refrigerators Market is Predict to reach $427.2 Million by 2030, at a CAGR of 3.7%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dometic Group AB, Felix Storch Inc., Minibar Systems, Indel B Group, Hisense International Co., Ltd., Omnitec Systems S.L., Royal Minibars, Tefcold A/S (Lindblad Group ApS), Koolatron Corporation and Bartech Systems international Inc.

Scope of the Study

Market Segments Covered in the Report:

By End-use (Volume, Thousand Unit, USD Million, 2019-30)

  • Hospitality
  • Transportation
    • Marines
    • Cruise Ships
    • Campervans/RVs
    • Others
  • Offices
  • Household
  • Others

By Technology (Volume, Thousand Unit, USD Million, 2019-30)

  • Absorption
  • Thermoelectric/ Peltier
  • Compression

By Country (Volume, Thousand Unit, USD Million, 2019-30)

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Dometic Group AB
  • Felix Storch Inc.
  • Minibar Systems
  • Indel B Group
  • Hisense International Co., Ltd.
  • Omnitec Systems S.L.
  • Royal Minibars
  • Tefcold A/S (Lindblad Group ApS)
  • Koolatron Corporation
  • Bartech Systems international Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Minibar Refrigerators Market, by End-use
1.4.2 North America Minibar Refrigerators Market, by Technology
1.4.3 North America Minibar Refrigerators Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter Five Forces Analysis

Chapter 4. North America Minibar Refrigerators Market, by End-use
4.1 North America Hospitality Market, by Country
4.2 North America Transportation Market, by Country
4.3 North America Minibar Refrigerators Market, by Transportation Type
4.3.1 North America Marines Market, by Country
4.3.2 North America Cruise Ships Market, by Country
4.3.3 North America Campervans/RVs Market, by Country
4.3.4 North America Others Market, by Country
4.4 North America Offices Market, by Country
4.5 North America Household Market, by Country
4.6 North America Others Market, by Country

Chapter 5. North America Minibar Refrigerators Market, by Technology
5.1 North America Absorption Market, by Country
5.2 North America Thermoelectric/ Peltier Market, by Country
5.3 North America Compression Market, by Country

Chapter 6. North America Minibar Refrigerators Market, by Country
6.1 US Minibar Refrigerators Market
6.1.1 US Minibar Refrigerators Market, by End-use
6.1.1.1 US Minibar Refrigerators Market, by Transportation Type
6.1.2 US Minibar Refrigerators Market, by Technology
6.2 Canada Minibar Refrigerators Market
6.2.1 Canada Minibar Refrigerators Market, by End-use
6.2.1.1 Canada Minibar Refrigerators Market, by Transportation Type
6.2.2 Canada Minibar Refrigerators Market, by Technology
6.3 Mexico Minibar Refrigerators Market
6.3.1 Mexico Minibar Refrigerators Market, by End-use
6.3.1.1 Mexico Minibar Refrigerators Market, by Transportation Type
6.3.2 Mexico Minibar Refrigerators Market, by Technology
6.4 Rest of North America Minibar Refrigerators Market
6.4.1 Rest of North America Minibar Refrigerators Market, by End-use
6.4.1.1 Rest of North America Minibar Refrigerators Market, by Transportation Type
6.4.2 Rest of North America Minibar Refrigerators Market, by Technology

Chapter 7. Company Profiles
7.1 Dometic Group AB
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 SWOT Analysis
7.2 Felix Storch Inc.
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 Minibar Systems
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 Indel B Group
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 SWOT Analysis
7.5 Hisense International Co., Ltd.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 SWOT Analysis
7.6 Omnitec System S.L.
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Royal Minibar
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Tefcold A/S (Lindblad Group ApS)
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 Koolatron Corporation
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Bartech Systems International Inc.
7.10.1 Company Overview
7.10.2 SWOT Analysis
TABLE 1 North America Minibar Refrigerators Market, 2019 - 2022, USD Thousands
TABLE 2 North America Minibar Refrigerators Market, 2023 - 2030, USD Thousands
TABLE 3 North America Minibar Refrigerators Market, 2019 - 2022, Thousand Units
TABLE 4 North America Minibar Refrigerators Market, 2023 - 2030, Thousand Units
TABLE 5 North America Minibar Refrigerators Market, by End-use, 2019 - 2022, USD Thousands
TABLE 6 North America Minibar Refrigerators Market, by End-use, 2023 - 2030, USD Thousands
TABLE 7 North America Minibar Refrigerators Market, by End-use, 2019 - 2022, Thousand Units
TABLE 8 North America Minibar Refrigerators Market, by End-use, 2023 - 2030, Thousand Units
TABLE 9 North America Hospitality Market, by Country, 2019 - 2022, USD Thousands
TABLE 10 North America Hospitality Market, by Country, 2023 - 2030, USD Thousands
TABLE 11 North America Hospitality Market, by Country, 2019 - 2022, Thousand Units
TABLE 12 North America Hospitality Market, by Country, 2023 - 2030, Thousand Units
TABLE 13 North America Transportation Market, by Country, 2019 - 2022, USD Thousands
TABLE 14 North America Transportation Market, by Country, 2023 - 2030, USD Thousands
TABLE 15 North America Transportation Market, by Country, 2019 - 2022, Thousand Units
TABLE 16 North America Transportation Market, by Country, 2023 - 2030, Thousand Units
TABLE 17 North America Minibar Refrigerators Market, by Transportation Type, 2019 - 2022, USD Thousands
TABLE 18 North America Minibar Refrigerators Market, by Transportation Type, 2023 - 2030, USD Thousands
TABLE 19 North America Minibar Refrigerators Market, by Transportation Type, 2019 - 2022, Thousand Units
TABLE 20 North America Minibar Refrigerators Market, by Transportation Type, 2023 - 2030, Thousand Units
TABLE 21 North America Marines Market, by Country, 2019 - 2022, USD Thousands
TABLE 22 North America Marines Market, by Country, 2023 - 2030, USD Thousands
TABLE 23 North America Marines Market, by Country, 2019 - 2022, Thousand Units
TABLE 24 North America Marines Market, by Country, 2023 - 2030, Thousand Units
TABLE 25 North America Cruise Ships Market, by Country, 2019 - 2022, USD Thousands
TABLE 26 North America Cruise Ships Market, by Country, 2023 - 2030, USD Thousands
TABLE 27 North America Cruise Ships Market, by Country, 2019 - 2022, Thousand Units
TABLE 28 North America Cruise Ships Market, by Country, 2023 - 2030, Thousand Units
TABLE 29 North America Campervans/RVs Market, by Country, 2019 - 2022, USD Thousands
TABLE 30 North America Campervans/RVs Market, by Country, 2023 - 2030, USD Thousands
TABLE 31 North America Campervans/RVs Market, by Country, 2019 - 2022, Thousand Units
TABLE 32 North America Campervans/RVs Market, by Country, 2023 - 2030, Thousand Units
TABLE 33 North America Others Market, by Country, 2019 - 2022, USD Thousands
TABLE 34 North America Others Market, by Country, 2023 - 2030, USD Thousands
TABLE 35 North America Others Market, by Country, 2019 - 2022, Thousand Units
TABLE 36 North America Others Market, by Country, 2023 - 2030, Thousand Units
TABLE 37 North America Offices Market, by Country, 2019 - 2022, USD Thousands
TABLE 38 North America Offices Market, by Country, 2023 - 2030, USD Thousands
TABLE 39 North America Offices Market, by Country, 2019 - 2022, Thousand Units
TABLE 40 North America Offices Market, by Country, 2023 - 2030, Thousand Units
TABLE 41 North America Household Market, by Country, 2019 - 2022, USD Thousands
TABLE 42 North America Household Market, by Country, 2023 - 2030, USD Thousands
TABLE 43 North America Household Market, by Country, 2019 - 2022, Thousand Units
TABLE 44 North America Household Market, by Country, 2023 - 2030, Thousand Units
TABLE 45 North America Others Market, by Country, 2019 - 2022, USD Thousands
TABLE 46 North America Others Market, by Country, 2023 - 2030, USD Thousands
TABLE 47 North America Others Market, by Country, 2019 - 2022, Thousand Units
TABLE 48 North America Others Market, by Country, 2023 - 2030, Thousand Units
TABLE 49 North America Minibar Refrigerators Market, by Technology, 2019 - 2022, USD Thousands
TABLE 50 North America Minibar Refrigerators Market, by Technology, 2023 - 2030, USD Thousands
TABLE 51 North America Minibar Refrigerators Market, by Technology, 2019 - 2022, Thousand Units
TABLE 52 North America Minibar Refrigerators Market, by Technology, 2023 - 2030, Thousand Units
TABLE 53 North America Absorption Market, by Country, 2019 - 2022, USD Thousands
TABLE 54 North America Absorption Market, by Country, 2023 - 2030, USD Thousands
TABLE 55 North America Absorption Market, by Country, 2019 - 2022, Thousand Units
TABLE 56 North America Absorption Market, by Country, 2023 - 2030, Thousand Units
TABLE 57 North America Thermoelectric/ Peltier Market, by Country, 2019 - 2022, USD Thousands
TABLE 58 North America Thermoelectric/ Peltier Market, by Country, 2023 - 2030, USD Thousands
TABLE 59 North America Thermoelectric/ Peltier Market, by Country, 2019 - 2022, Thousand Units
TABLE 60 North America Thermoelectric/ Peltier Market, by Country, 2023 - 2030, Thousand Units
TABLE 61 North America Compression Market, by Country, 2019 - 2022, USD Thousands
TABLE 62 North America Compression Market, by Country, 2023 - 2030, USD Thousands
TABLE 63 North America Compression Market, by Country, 2019 - 2022, Thousand Units
TABLE 64 North America Compression Market, by Country, 2023 - 2030, Thousand Units
TABLE 65 North America Minibar Refrigerators Market, by Country, 2019 - 2022, USD Thousands
TABLE 66 North America Minibar Refrigerators Market, by Country, 2023 - 2030, USD Thousands
TABLE 67 North America Minibar Refrigerators Market, by Country, 2019 - 2022, Thousand Units
TABLE 68 North America Minibar Refrigerators Market, by Country, 2023 - 2030, Thousand Units
TABLE 69 US Minibar Refrigerators Market, 2019 - 2022, USD Thousands
TABLE 70 US Minibar Refrigerators Market, 2023 - 2030, USD Thousands
TABLE 71 US Minibar Refrigerators Market, 2019 - 2022, Thousand Units
TABLE 72 US Minibar Refrigerators Market, 2023 - 2030, Thousand Units
TABLE 73 US Minibar Refrigerators Market, by End-use, 2019 - 2022, USD Thousands
TABLE 74 US Minibar Refrigerators Market, by End-use, 2023 - 2030, USD Thousands
TABLE 75 US Minibar Refrigerators Market, by End-use, 2019 - 2022, Thousand Units
TABLE 76 US Minibar Refrigerators Market, by End-use, 2023 - 2030, Thousand Units
TABLE 77 US Minibar Refrigerators Market, by Transportation Type, 2019 - 2022, USD Thousands
TABLE 78 US Minibar Refrigerators Market, by Transportation Type, 2023 - 2030, USD Thousands
TABLE 79 US Minibar Refrigerators Market, by Transportation Type, 2019 - 2022, Thousand Units
TABLE 80 US Minibar Refrigerators Market, by Transportation Type, 2023 - 2030, Thousand Units
TABLE 81 US Minibar Refrigerators Market, by Technology, 2019 - 2022, USD Thousands
TABLE 82 US Minibar Refrigerators Market, by Technology, 2023 - 2030, USD Thousands
TABLE 83 US Minibar Refrigerators Market, by Technology, 2019 - 2022, Thousand Units
TABLE 84 US Minibar Refrigerators Market, by Technology, 2023 - 2030, Thousand Units
TABLE 85 Canada Minibar Refrigerators Market, 2019 - 2022, USD Thousands
TABLE 86 Canada Minibar Refrigerators Market, 2023 - 2030, USD Thousands
TABLE 87 Canada Minibar Refrigerators Market, 2019 - 2022, Thousand Units
TABLE 88 Canada Minibar Refrigerators Market, 2023 - 2030, Thousand Units
TABLE 89 Canada Minibar Refrigerators Market, by End-use, 2019 - 2022, USD Thousands
TABLE 90 Canada Minibar Refrigerators Market, by End-use, 2023 - 2030, USD Thousands
TABLE 91 Canada Minibar Refrigerators Market, by End-use, 2019 - 2022, Thousand Units
TABLE 92 Canada Minibar Refrigerators Market, by End-use, 2023 - 2030, Thousand Units
TABLE 93 Canada Minibar Refrigerators Market, by Transportation Type, 2019 - 2022, USD Thousands
TABLE 94 Canada Minibar Refrigerators Market, by Transportation Type, 2023 - 2030, USD Thousands
TABLE 95 Canada Minibar Refrigerators Market, by Transportation Type, 2019 - 2022, Thousand Units
TABLE 96 Canada Minibar Refrigerators Market, by Transportation Type, 2023 - 2030, Thousand Units
TABLE 97 Canada Minibar Refrigerators Market, by Technology, 2019 - 2022, USD Thousands
TABLE 98 Canada Minibar Refrigerators Market, by Technology, 2023 - 2030, USD Thousands
TABLE 99 Canada Minibar Refrigerators Market, by Technology, 2019 - 2022, Thousand Units
TABLE 100 Canada Minibar Refrigerators Market, by Technology, 2023 - 2030, Thousand Units
TABLE 101 Mexico Minibar Refrigerators Market, 2019 - 2022, USD Thousands
TABLE 102 Mexico Minibar Refrigerators Market, 2023 - 2030, USD Thousands
TABLE 103 Mexico Minibar Refrigerators Market, 2019 - 2022, Thousand Units
TABLE 104 Mexico Minibar Refrigerators Market, 2023 - 2030, Thousand Units
TABLE 105 Mexico Minibar Refrigerators Market, by End-use, 2019 - 2022, USD Thousands
TABLE 106 Mexico Minibar Refrigerators Market, by End-use, 2023 - 2030, USD Thousands
TABLE 107 Mexico Minibar Refrigerators Market, by End-use, 2019 - 2022, Thousand Units
TABLE 108 Mexico Minibar Refrigerators Market, by End-use, 2023 - 2030, Thousand Units
TABLE 109 Mexico Minibar Refrigerators Market, by Transportation Type, 2019 - 2022, USD Thousands
TABLE 110 Mexico Minibar Refrigerators Market, by Transportation Type, 2023 - 2030, USD Thousands
TABLE 111 Mexico Minibar Refrigerators Market, by Transportation Type, 2019 - 2022, Thousand Units
TABLE 112 Mexico Minibar Refrigerators Market, by Transportation Type, 2023 - 2030, Thousand Units
TABLE 113 Mexico Minibar Refrigerators Market, by Technology, 2019 - 2022, USD Thousands
TABLE 114 Mexico Minibar Refrigerators Market, by Technology, 2023 - 2030, USD Thousands
TABLE 115 Mexico Minibar Refrigerators Market, by Technology, 2019 - 2022, Thousand Units
TABLE 116 Mexico Minibar Refrigerators Market, by Technology, 2023 - 2030, Thousand Units
TABLE 117 Rest of North America Minibar Refrigerators Market, 2019 - 2022, USD Thousands
TABLE 118 Rest of North America Minibar Refrigerators Market, 2023 - 2030, USD Thousands
TABLE 119 Rest of North America Minibar Refrigerators Market, 2019 - 2022, Thousand Units
TABLE 120 Rest of North America Minibar Refrigerators Market, 2023 - 2030, Thousand Units
TABLE 121 Rest of North America Minibar Refrigerators Market, by End-use, 2019 - 2022, USD Thousands
TABLE 122 Rest of North America Minibar Refrigerators Market, by End-use, 2023 - 2030, USD Thousands
TABLE 123 Rest of North America Minibar Refrigerators Market, by End-use, 2019 - 2022, Thousand Units
TABLE 124 Rest of North America Minibar Refrigerators Market, by End-use, 2023 - 2030, Thousand Units
TABLE 125 Rest of North America Minibar Refrigerators Market, by Transportation Type, 2019 - 2022, USD Thousands
TABLE 126 Rest of North America Minibar Refrigerators Market, by Transportation Type, 2023 - 2030, USD Thousands
TABLE 127 Rest of North America Minibar Refrigerators Market, by Transportation Type, 2019 - 2022, Thousand Units
TABLE 128 Rest of North America Minibar Refrigerators Market, by Transportation Type, 2023 - 2030, Thousand Units
TABLE 129 Rest of North America Minibar Refrigerators Market, by Technology, 2019 - 2022, USD Thousands
TABLE 130 Rest of North America Minibar Refrigerators Market, by Technology, 2023 - 2030, USD Thousands
TABLE 131 Rest of North America Minibar Refrigerators Market, by Technology, 2019 - 2022, Thousand Units
TABLE 132 Rest of North America Minibar Refrigerators Market, by Technology, 2023 - 2030, Thousand Units
TABLE 133 Key Information – Dometic Group ab
TABLE 134 Key Information – Felix Storch inc.
TABLE 135 Key Information –Minibar SYstems
TABLE 136 Key Information – Indel B Group
TABLE 137 Key Information – Hisense International Co., Ltd.
TABLE 138 Key Information – Omnitec System S.L.
TABLE 139 Key Information – Royal Minibar
TABLE 140 Key Information – Tefcold A/S
TABLE 141 Key Information – Koolatron Corporation
TABLE 142 Key Information – Bartech systems international inc.

List of Figures
FIG 1 Methodology for the research
FIG 2 North America Minibar Refrigerators Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting Minibar Refrigerators Market
FIG 4 Porter’s Five Forces Analysis – MInibar Refrigerator MArket
FIG 5 North America Minibar Refrigerators Market share, by End-use, 2022
FIG 6 North America Minibar Refrigerators Market share, by End-use, 2030
FIG 7 North America Minibar Refrigerators Market, by End-use, 2019 - 2030, USD Thousands
FIG 8 North America Minibar Refrigerators Market share, by Technology, 2022
FIG 9 North America Minibar Refrigerators Market share, by Technology, 2030
FIG 10 North America Minibar Refrigerators Market, by Technology, 2019 - 2030, USD Thousands
FIG 11 North America Minibar Refrigerators Market share, by Country, 2022
FIG 12 North America Minibar Refrigerators Market share, by Country, 2030
FIG 13 North America Minibar Refrigerators Market, by Country, 2019 - 2030, USD Thousands
FIG 14 SWOT Analysis: Dometic Group AB
FIG 15 SWOT Analysis: Felix Storch Inc.
FIG 16 SWOT Analysis: Minibar Systems
FIG 17 SWOT Analysis: Indel B Group
FIG 18 SWOT Analysis: Hisense International Co., Ltd.
FIG 19 SWOT Analysis: Omnitec System
FIG 20 SWOT Analysis: Royal Minibar
FIG 21 SWOT Analysis: Tefcold A/S
FIG 22 SWOT Analysis: Koolatron Corporation
FIG 23 SWOT Analysis: Bartech Systems International Inc

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