Mexico Minibar Refrigerators Market Size & Outlook

The minibar refrigerators market in Mexico is expected to reach a projected revenue of US$ 11.4 million by 2030. A compound annual growth rate of 3% is expected of Mexico minibar refrigerators market from 2023 to 2030.
Revenue, 2022 (US$M)
$9.0
Forecast, 2030 (US$M)
$11.4
CAGR, 2023 - 2030
3%
Report Coverage
Mexico

Mexico minibar refrigerators market highlights

  • The Mexico minibar refrigerators market generated a revenue of USD 9.0 million in 2022 and is expected to reach USD 11.4 million by 2030.
  • The Mexico market is expected to grow at a CAGR of 3% from 2023 to 2030.
  • In terms of segment, absorption was the largest revenue generating technology in 2022.
  • Thermoelectric/ Peltier is the most lucrative technology segment registering the fastest growth during the forecast period.

Minibar refrigerators market data book summary

Market revenue in 2022USD 9.0 million
Market revenue in 2030USD 11.4 million
Growth rate3% (CAGR from 2022 to 2030)
Largest segmentAbsorption
Fastest growing segmentThermoelectric/ Peltier
Historical data2017 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAbsorption, Thermoelectric/ Peltier, Compression
Key market players worldwideDometic Group AB, Indel B, Felix Storch, Minibar Systems, Hisense Home Appliances Group Co Ltd Class H, TEFCOLD, Koolatron, Bartech Systems International

Other key industry trends

  • In terms of revenue, Mexico accounted for 2.7% of the global minibar refrigerators market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. minibar refrigerators market is projected to lead the regional market in terms of revenue in 2030.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 96.8 million by 2030.

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Minibar Refrigerators Market Companies

Name Profile # Employees HQ Website

Mexico minibar refrigerators 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 minibar refrigerators market will help companies and investors design strategic landscapes.


Absorption was the largest segment with a revenue share of 56.67% in 2022. Horizon Databook has segmented the Mexico minibar refrigerators market based on absorption, thermoelectric/ peltier, compression covering the revenue growth of each sub-segment from 2017 to 2030.


  • Mexico Minibar Refrigerators Technology Outlook (Revenue, USD Million, 2017-2030)
    • Absorption
    • Thermoelectric/ Peltier
    • Compression
  • Mexico Minibar Refrigerators Application Outlook (Revenue, USD Million, 2017-2030)
    • Transportation
      • Marines
      • Cruise Ships
      • Campervans/RVs
      • Others
        • Light Duty Vehicles
        • Medium Duty Vehicles
        • Heavy Duty Vehicles
        • Jets
    • Hospitality
    • Offices
    • Household
    • Others

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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico minibar refrigerators market , including forecasts for subscribers. This country databook contains high-level insights into Mexico minibar refrigerators market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Mexico minibar refrigerators market size, by technology, 2017-2030 (US$M)

Mexico Minibar Refrigerators Market Outlook Share, 2022 & 2030 (US$M)

Mexico minibar refrigerators market size, by technology, 2017-2030 (US$M)

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