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Report Attribute Key Statistics Base Year Forecast Years Historical Years Market Size in 2023 Market Forecast in 2032The global kegerators market size reached US$ 1.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 1.7 Billion by 2032, exhibiting a growth rate (CAGR) of 4% during 2024-2032.
Also known as beer dispensers and beer dispensing devices, kegerators are refrigerators widely used to store and dispense kegs that contain beer and other carbonated drinks. These refrigerators assist in keeping the contents of kegs fresh and carbonated for an extended period. Besides this, they help retain the taste and quality of different beverages. Consequently, they find applications in commercial spaces, such as bars, hotels and restaurants. Nowadays, kegerators are also gaining popularity for dispensing wine, cold brew coffee and kombucha with modifications.
The significant millennial population, inflating disposable incomes and the escalating demand for low-alcoholic content beverages are driving the sales of craft beer across the globe. This represents one of the key factors propelling the growth of the kegerators market. Apart from this, as kegerators consume energy while dispensing and brewing craft beer and other beverages, leading manufacturers are coming up with energy-efficient product variants to expand their existing consumer base. These players are also investing in research and development (R&D) to introduce kegerators with features such as LED lighting, 100% CFC free, reversible door, digital thermostat, frost-free operation, complete tap kit, multiple-tap system and convertible to a refrigerator, which is strengthening the growth of the market.
IMARC Group provides an analysis of the key trends in each sub-segment of the global kegerators market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, size, application and distribution channel.
Breakup by Size:
Breakup by Application:
Breakup by Distribution Channel:
Breakup by Region:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Avanti Products (Croda International Inc.), Danby Products, DCS by Fisher and Paykel Appliances, Felix Storch Inc., Haier Group Corporation, Krups (Groupe SEB), Living Direct (Ferguson LLC), Nostalgia Products, US Cooler and Versonel.
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Type, Size, Application, Distribution Channel, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, China, Japan, India, South Korea, Australia, Indonesia, Germany, France, United Kingdom, Italy, Spain, Russia, Brazil, Mexico |
| Companies Covered | Avanti Products (Croda International Inc.), Danby Products, DCS by Fisher and Paykel Appliances, Felix Storch Inc., Haier Group Corporation, Krups (Groupe SEB), Living Direct (Ferguson LLC), Nostalgia Products, US Cooler and Versonel |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| 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) |
The global kegerators market was valued at US$ 1.2 Billion in 2023.
2. What is the expected growth rate of the global kegerators market during 2024-2032?We expect the global kegerators market to exhibit a CAGR of 4% during 2024-2032.
3. What are the key factors driving the global kegerators market?The rising popularity of craft beer, along with the increasing demand for low-alcoholic content beverages, is primarily driving the global kegerators market.
4. What has been the impact of COVID-19 on the global kegerators market?The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of kegerators.
5. What are the key regions in the global kegerators market?On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
6. Who are the key players/companies in the global kegerators market?Some of the major players in the global kegerators market include Avanti Products (Croda International Inc.), Danby Products, DCS by Fisher and Paykel Appliances, Felix Storch Inc., Haier Group Corporation, Krups (Groupe SEB), Living Direct (Ferguson LLC), Nostalgia Products, US Cooler, and Versonel.
