Published by mark itwired
Posted on October 12, 2021
5 min readLast updated: January 29, 2026
The mini refrigerator market is set to grow steadily with a CAGR of ~5.9% from 2019 to 2029, driven by demand for portable and energy-efficient appliances, especially in East Asia.
The global mini refrigerator market size is expected to reach ~US$ 1,845.0 Mn by the end of 2029. According to a study by Future Market Insights (FMI), the market will show a steady rise at a CAGR of ~5.9% between 2019 and 2029. According to the report, growing popularity of portable kitchen appliances and emerging trend of energy star certified appliances boost demand for mini refrigerator across the globe. The report offers a comprehensive view of the market, covering key growth drivers, restraints, opportunities, and prevailing trends. It uses unique research methods to offer the most accurate analysis of the market.
Get more Insights Analysis on this Mini Refrigerator Market @ https://www.futuremarketinsights.com/ask-question/rep-gb-11171
Based on the capacity, the 4-5 cu. Ft. is expected to be the most attractive segment in the mini refrigerator market over the forecast period. Rise in demand for high capacity portable refrigerator in commercial areas such as hospitals and clinics to store drugs and medical devices that requires specific storage conditions is the primary factor expected to exhibit a significant growth in the global mini refrigerator market during the forecast period. Furthermore, unique features associated with mini refrigerator such as portability, efficient cooling temperature, and high capacity propel the global mini refrigerator market for further growth. However, 2-2.9 cu. Ft. segment is expected to expand at higher CAGR during the forecast owing to increasing demand of such products on vehicles as well as outing or some small holiday trip with such capacity.
Some of the leading players operating in the mini refrigerator market are The Whirlpool Corporation, Samsung Electronics, Videocon Industries, Godrej Appliances, LG Electronics, Haier Group Corporation, Electrolux AB, Panasonic Corporation, Siemens AG, ARB Company, Highsense Infotech, Zhongke Meiling Cryogenics Co., Ltd., Danby Appliances Inc., Whynter, LLC, Engel, Koolatron Corporation, Dometic Group AB, EdgeStar Appliances Company, Midea Group, Uber Appliance Company, and others. These manufacturers are developing technological advanced products with high energy star certified products to meet growing consumer requirements as well as to have a competitor edge in the market. Moreover, collaboration with domestic distributors, strategic partnership, seeking for certifications, and enter into e-commerce platform remains a popular strategy among the prominent players in the market. Companies intend to expand their geographical footprint through mergers and acquisition.
Future Market Insights, in its new report, presents an unbiased analysis of the global mini refrigerator market, covering historical demand data and forecast figures for the period between 2019 and 2029. The study divulges compelling insights on the mini refrigerator market based on product type (single door refrigerator and double door refrigerator), capacity (less than 1 cu. Ft., 1-1.9 cu. Ft., 2-2.9 cu. Ft., 3-3.9 cu. Ft., and 4-5 cu. Ft.), end-user (commercial and residential), price range (economy, mid-range, and premium), sales channel (wholesalers/distributors, hypermarkets/supermarkets, multi-brand stores, exclusive stores, independent small stores, online retailers, and other sales channel), region (North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East & Africa).
The post Mini Refrigerator Market Outlook, Trends, Forecast of Top Countries 2019-2029 appeared first on Industry News Analsis.
The article discusses the growth and trends in the global mini refrigerator market from 2019 to 2029.
East Asia is a key region due to increased demand for portable refrigerators in outdoor activities.
Growth is driven by the popularity of portable and energy-efficient appliances and online retail expansion.
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