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Portable Mini Fridge Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global portable mini fridge market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor

A portable mini fridge is a compact refrigerator that can be moved and carried around conveniently. It is available in various shapes, sizes and capacities and requires minimal power to operate. Mini fridges consist of a compact compressor, heat-exchanging pipes coiled outside the unit, expansion valves and refrigerant to maintain cold temperatures inside the fridge. They are usually mounted in recreational vehicles (RVs), mobile and small homes to keep the products fresh for long durations while traveling. They are also utilized for storing cosmetics and pharmaceutical drugs. As a result, portable mini fridges are widely used in vanity vans, marine cruises, leisure yachts, passenger and commercial vehicles and medical transport units.

Portable Mini Fridge Market Trends:

The increasing demand for cold storage systems in luxury vehicles across the globe is among the key factors driving the growth of the market. Moreover, the shifting consumer preference for mobile homes as an affordable alternative for first-time homeowners and frequent travelers is providing a thrust to the market growth. Portable mini fridges are used for energy-efficient cooling and maintaining the freshness of the food products on the go. In line with this, the increasing demand for high-capacity mini-fridges for storing temperature-sensitive pharmaceutical drugs with specific storage requirements is also contributing to the growth of the market. Various product innovations, such as the launch of variants with adjustable automatic battery protection systems to prevent vehicle battery rundown, are favoring the market growth. Other factors, including the increasing preference for outdoor reactional activities, such as outing, picnics, camping, trekking and adventurous road trips, along with the widespread adoption of mini fridges in premium and luxury hotels for improved customer experience, are anticipated to drive the market toward growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global portable mini fridge market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on product type, technology, application and distribution channel.

Breakup by Product Type:

  • Less Than 1 cu. ft.
  • 11.9 cu. ft.
  • 22.9 cu. ft.
  • 33.9 cu. ft.
  • 45 cu. ft.
     

Breakup by Technology:

  • Compressor Refrigeration
  • Semiconductor Refrigeration
     

Breakup by Application:

  • Residential
  • Commercial
     

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Retail Stores
  • Online Stores
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ARB USA, Danby Products Limited, Dometic Group AB, Engel Distribution Pty Ltd., Godrej Industries Limited, Haier Group Corporation, Koolatron Corporation, LG Electronics Inc., Living Direct Inc. (Ferguson plc), Panasonic Corporation, Whirlpool Corporation and Whynter LLC.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Million
Segment Coverage Product Type, Technology, Application, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ARB USA, Danby Products Limited, Dometic Group AB, Engel Distribution Pty Ltd., Godrej Industries Limited, Haier Group Corporation, Koolatron Corporation, LG Electronics Inc., Living Direct Inc. (Ferguson plc), Panasonic Corporation, Whirlpool Corporation and Whynter LLC.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global portable mini fridge market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global portable mini fridge market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product type?
  • What is the breakup of the market based on the technology?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global portable mini fridge market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Portable Mini Fridge Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product Type
    6.1    Less Than 1 cu. ft.
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    11.9 cu. ft.
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    22.9 cu. ft.
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    33.9 cu. ft.
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    45 cu. ft.
        6.5.1 Market Trends
        6.5.2 Market Forecast
7    Market Breakup by Technology
    7.1    Compressor Refrigeration
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Semiconductor Refrigeration
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Application
    8.1    Residential
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Commercial
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Distribution Channel
    9.1    Supermarkets and Hypermarkets
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Specialty Stores
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Retail Stores
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Online Stores
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Others
        9.5.1 Market Trends
        9.5.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    ARB USA
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    Danby Products Limited
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    Dometic Group AB
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
        15.3.4    Engel Distribution Pty Ltd.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
        15.3.5    Godrej Industries Limited
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
        15.3.6    Haier Group Corporation
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Koolatron Corporation
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    LG Electronics Inc.
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    Living Direct Inc. (Ferguson plc)
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
        15.3.10    Panasonic Corporation
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
           15.3.10.4 SWOT Analysis
        15.3.11    Whirlpool Corporation
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
           15.3.11.3 Financials
           15.3.11.4 SWOT Analysis
        15.3.12    Whynter LLC
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Portable Mini Fridge Market: Major Drivers and Challenges
Figure 2: Global: Portable Mini Fridge Market: Sales Value (in Million US$), 2015-2020
Figure 3: Global: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 4: Global: Portable Mini Fridge Market: Breakup by Product Type (in %), 2020
Figure 5: Global: Portable Mini Fridge Market: Breakup by Technology (in %), 2020
Figure 6: Global: Portable Mini Fridge Market: Breakup by Application (in %), 2020
Figure 7: Global: Portable Mini Fridge Market: Breakup by Distribution Channel (in %), 2020
Figure 8: Global: Portable Mini Fridge Market: Breakup by Region (in %), 2020
Figure 9: Global: Portable Mini Fridge (Less Than 1 cu. ft.) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Portable Mini Fridge (Less Than 1 cu. ft.) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Portable Mini Fridge (11.9 cu. ft.) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Portable Mini Fridge (11.9 cu. ft.) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Portable Mini Fridge (22.9 cu. ft.) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Portable Mini Fridge (22.9 cu. ft.) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Portable Mini Fridge (33.9 cu. ft.) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Portable Mini Fridge (33.9 cu. ft.) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Portable Mini Fridge (45 cu. ft.) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Portable Mini Fridge (45 cu. ft.) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Portable Mini Fridge (Compressor Refrigeration) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Portable Mini Fridge (Compressor Refrigeration) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Portable Mini Fridge (Semiconductor Refrigeration) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Portable Mini Fridge (Semiconductor Refrigeration) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Portable Mini Fridge (Residential) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Portable Mini Fridge (Residential) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Portable Mini Fridge (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Portable Mini Fridge (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Portable Mini Fridge (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Portable Mini Fridge (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Portable Mini Fridge (Specialty Stores) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Portable Mini Fridge (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Portable Mini Fridge (Retail Stores) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Portable Mini Fridge (Retail Stores) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Portable Mini Fridge (Online Stores) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Portable Mini Fridge (Online Stores) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Portable Mini Fridge (Other Distribution Channels) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Portable Mini Fridge (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: North America: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: North America: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: United States: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: United States: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Canada: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Canada: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Asia-Pacific: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Asia-Pacific: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: China: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: China: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Japan: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Japan: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: India: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: India: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: South Korea: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: South Korea: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Australia: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Australia: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Indonesia: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Indonesia: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Others: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Others: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Europe: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Europe: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Germany: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Germany: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: France: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: France: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: United Kingdom: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: United Kingdom: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Italy: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Italy: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Spain: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Spain: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Russia: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Russia: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Others: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Others: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Latin America: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Latin America: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Brazil: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: Brazil: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Mexico: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Mexico: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Others: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 82: Others: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 83: Middle East and Africa: Portable Mini Fridge Market: Sales Value (in Million US$), 2015 & 2020
Figure 84: Middle East and Africa: Portable Mini Fridge Market: Breakup by Country (in %), 2020
Figure 85: Middle East and Africa: Portable Mini Fridge Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 86: Global: Portable Mini Fridge Industry: SWOT Analysis
Figure 87: Global: Portable Mini Fridge Industry: Value Chain Analysis
Figure 88: Global: Portable Mini Fridge Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Portable Mini Fridge Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Portable Mini Fridge Market Forecast: Breakup by Product Type (in Million US$), 2021-2026
Table 3: Global: Portable Mini Fridge Market Forecast: Breakup by Technology (in Million US$), 2021-2026
Table 4: Global: Portable Mini Fridge Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Portable Mini Fridge Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 6: Global: Portable Mini Fridge Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 7: Global: Portable Mini Fridge Market: Competitive Structure
Table 8: Global: Portable Mini Fridge Market: Key Players

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