Minibar Market Size

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Minibar Market Size, Share, Growth, Analysis, Trends, and
Forescast to 2024 | Hexa Research
“The global minibar market is expected to witness growth on account
of rising use of these products by the hospitality and recreational
markets at large.”
22 November 2018 The global Minibar Market size to reach USD 1.49 billion by 2024, owing to the transformation, growth, and
emergence of the hospitality industry worldwide. With the rise in the demand for customer satisfaction and
necessity of enhancing profitability in the hotel industry, the demand of minibars is estimated to grow over
the forecast period. In addition, the increasing prerequisites of consumers and guests for hassle free services,
high comfort, facilities, and luxury while travelling and their stay at elite hotels is anticipated to encourage
the market growth. This in turn is expected to reassure the hotel industry to focus on providing value added
services such as safety box, laundry, Wi-Fi, ironing, dry cleaning, minibars, in-room dining and others. One of
the services offered by exclusive hotels nowadays is the in-room minibars, which adds to customer
experience.
The prevailing rate of installation of minibars in rooms of luxury hotels poses growth potential for the global
minibar market. Cherishable customer experiences results in enhanced customer loyalty and promotes
continued association of customers in future as well, which in turn fuels the growth of minibar market on a
global scale.
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In terms of product type, the automatic minibars market is expected to grow driven by rise in technological
advancements, and use of automated systems in the hospitality industry to ensure privileged services and
ensure hassle-free customer handling.
The market for absorption minibars market is estimated to develop swiftly on account of the existing
properties such as environment friendly, completely silent, highly reliable, energy efficient, and offers an
extended service life. With the rise in technological advancements, automatic minibars can detect missing
items, charge the guests based on the usage of the products using sensors and can be synchronized with the
property management system (PMS) of hotels. The use of minibars owing to the features offered by them
such as fully automated systems which solve issues faced by hotels and offices at operational levels is
projected to fuel the overall market growth over the forecast period. The use of minibar in hotels to deliver
customer satisfaction is expected to support the market growth for the global minibar market during the
forecast period.
In terms of geography, the use of minibars in Asia Pacific is estimated to develop the fastest owing to the
budding commercial and hospitality sector, growing tourism, and large customer base in the hospitality,
recreational, and other commercial spaces.
Hexa Research has segmented the global mini bar market report based on product type, technology,
application and region:
Segmentation by product, 2014 - 2024 (USD Million)
• Automatic
• Manual
Segmentation by technology, 2014 - 2024 (USD Million)
• Absorption
• Compression
• Thermoelectric
Segmentation by application, 2014 - 2024 (USD Million)
• Transportation
• Commercial & Residential buildings
Segmentation by region, 2014 - 2024 (USD Million)
• North America
• U.S.
• Canada
• Asia Pacific
• China
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• Europe
• Germany
• UK
• Central & South America
• Middle East & Africa
Key players analyzed:
• Bartech
• Dometic Group AB (publ)
• Indel B S.p.A.
• Vitrifrigo
• Minibar Systems
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Table of Contents of Minibar Market:
Chapter 1. Executive Summary
Chapter 2. Methodology and Scope
2.1. Research methodology
2.2. Assumptions
2.3. List of data sources
Chapter 3. Introduction
3.1. Research scope & market segmentation
Chapter 4. Minibar Market Trends: Drivers & Opportunities
4.1. Key Industry Trends
4.1.1. Raw material trend
4.1.2. Technology trend
4.1.3. Supplier trend
4.1.4. Buyer trend
4.2. Market Drivers
4.3. Market Restraints
4.4. Opportunity Assessment
4.5. Raw Material Analysis
4.6. Value Chain Analysis
4.7. PESTEL Analysis
4.8. Porter's Five Forces analysis
Chapter 5. Minibar Market Trends, By Product
5.1. Global minibar market movement, by product, 2016 & 2024
5.1.1. Automatic
5.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million)
5.1.2. Manual
5.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million)
Chapter 6. Minibar Market Trends, By Technology
6.1. Global minibar market movement, by technology, 2016 & 2024
6.1.1. Absorption
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6.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million)
6.1.2. Compression
6.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million)
6.1.3. Thermoelectric
6.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Million)
Chapter 7. Minibar Market Trends, By Application
7.1. Global minibar market movement, by application, 2016 & 2024
7.1.1. Transportation
7.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million)
7.1.2. Commercial & Residential buildings
7.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million)
Chapter 8. Minibar Market Trends, By Region
8.1. Global minibar market movement, by region, 2016 & 2024
8.1.1. North America
8.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million)
8.1.1.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million)
8.1.1.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million)
8.1.1.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million)
8.1.2. Europe
8.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million)
8.1.2.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million)
8.1.2.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million)
8.1.2.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million)
8.1.3. Asia-Pacific
8.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Million)
8.1.3.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million)
8.1.3.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million)
8.1.3.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million)
8.1.4. Central & South America
8.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Million)
8.1.4.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million)
8.1.4.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million)
8.1.4.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million)
8.1.5. Middle East & Africa
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8.1.5.1. Market estimates and forecast, 2014 - 2024 (USD Million)
8.1.5.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million)
8.1.5.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million)
8.1.5.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million)
Chapter 9. Key Country Markets
9.1. U.S.
9.1.1. Market estimates and forecast, 2014 - 2024 (USD Million)
9.1.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million)
9.1.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million)
9.1.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million)
9.2. Canada
9.2.1. Market estimates and forecast, 2014 - 2024 (USD Million)
9.2.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million)
9.2.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million)
9.2.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million)
9.3. Germany
9.3.1. Market estimates and forecast, 2014 - 2024 (USD Million)
9.3.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million)
9.3.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million)
9.3.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million)
9.4. UK
9.4.1. Market estimates and forecast, 2014 - 2024 (USD Million)
9.4.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million)
9.4.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million)
9.4.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million)
9.5. China
9.5.1. Market estimates and forecast, 2014 - 2024 (USD Million)
9.5.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million)
9.5.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million)
9.5.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million)
Chapter 10. Competitive Landscape
10.1. Company market share
10.2. Strategic framework
10.3. Company profiles
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10.3.1. Bartech
10.3.1.1. Company Overview
10.3.1.2. Financial Performance
10.3.1.3. Product Benchmarking
10.3.1.4. SWOT
10.3.1.5. Recent Initiatives
10.3.1.6. Future Outlook and Strategies
10.3.2. Dometic Group AB (publ)
10.3.2.1. Company Overview
10.3.2.2. Financial Performance
10.3.2.3. Product Benchmarking
10.3.2.4. SWOT
10.3.2.5. Recent Initiatives
10.3.2.6. Future Outlook and Strategies
10.3.3. Indel B S.p.A.
10.3.3.1. Company Overview
10.3.3.2. Financial Performance
10.3.3.3. Product Benchmarking
10.3.3.4. SWOT
10.3.3.5. Recent Initiatives
10.3.3.6. Future Outlook and Strategies
10.3.4. Vitrifrigo
10.3.4.1. Company Overview
10.3.4.2. Financial Performance
10.3.4.3. Product Benchmarking
10.3.4.4. SWOT
10.3.4.5. Recent Initiatives
10.3.4.6. Future Outlook and Strategies
10.3.5. Minibar Systems
10.3.5.1. Company Overview
10.3.5.2. Financial Performance
10.3.5.3. Product Benchmarking
10.3.5.4. SWOT
10.3.5.5. Recent Initiatives
10.3.5.6. Future Outlook and Strategies
10.3.6. List of other vendors
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The global minibar market size to reach USD 1.49 billion by 2024

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