Middle East & Africa Beverage Fridge Market Size & Outlook
MEA beverage fridge market highlights
- The MEA beverage fridge market generated a revenue of USD 390.3 million in 2023.
- The market is expected to grow at a CAGR of 3.8% from 2024 to 2030.
- In terms of segment, free-standing was the largest revenue generating product in 2023.
- Free-standing is the most lucrative product segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 390.3 million |
| Market revenue in 2030 | USD 507.5 million |
| Growth rate | 3.8% (CAGR from 2024 to 2030) |
| Largest segment | Free-standing |
| Fastest growing segment | Free-standing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Free-standing |
| Key market players worldwide | Haier, LG Electronics Inc ADR, Whirlpool Corp, Samsung Electronics Co Ltd, The Middleby Corp, Panasonic Holdings Corp, Danby, Electrolux AB ADR |
Other key industry trends
- In terms of revenue, MEA region accounted for 6.0% of the global beverage fridge market in 2023.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,960.5 million by 2030.
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Beverage Fridge Market Scope
Beverage Fridge Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Danby | View profile | 51-100 | Sutton On Hull, York, United Kingdom, Europe | https://danbys.co.uk/ |
| The Middleby Corp | View profile | 10722 | 1400 Toastmaster Drive, Elgin, IL, United States, 60120 | https://www.middleby.com |
| Haier | View profile | 10001+ | Qingdao Shi, Shandong, China, Asia | http://haier.com/in |
| Whirlpool Corp | View profile | 59000 | 2000 North M-63, Benton Harbor, MI, United States, 49022-2692 | https://www.whirlpoolcorp.com |
| Electrolux AB ADR | View profile | 41869 | Street Goransgatan 143, Stadshagen, Stockholm, Sweden, SE-105 45 | https://www.electroluxgroup.com |
| LG Electronics Inc ADR | View profile | 35111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | https://www.lge.co.kr |
| Samsung Electronics Co Ltd | View profile | 124804 | 129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, Korea, Republic of, 443-742 | https://www.samsung.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
Middle East & Africa beverage fridge market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to beverage fridge market will help companies and investors design strategic landscapes.
Free-standing was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Middle East & Africa beverage fridge market based on free-standing covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of beverage fridge market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa beverage fridge market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa beverage fridge market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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