Wine Cooler Market Forecast 2025–2030: Growth Drivers and Emerging Trends
The global wine cooler market size is anticipated to reach USD 4.4 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.8% during the forecast period. Increasing consumption of wine around the world, especially in India, China, and Japan is expected to fuel the growth. Free-standing wine cooler segment held the largest market share of 52.2% during the forecast period and is expected to continue leading over the forecast period. Rapid product innovation and introduction of new products with wider dimensions for increased wine bottle storage is anticipated to bode well for the growth of the segment in the forthcoming years. For instance, in February 2019, Vinotemp launched a Technical Veneer Wrap option for its large-capacity private reserve series wine coolers at the Kitchen & Bath Industry Show, Las Vegas, Nevada. The countertop wine cooler segment is expected to expand at the fastest CAGR over the ...