NEW YORK, June 2, 2023 /PRNewswire/ — The global portable mini fridge market size is estimated to grow by USD 1,417.8 million between 2022 to 2027. The market is projected to grow at a CAGR of 5.45%. The growing demand for portable and compact refrigeration solutions is notably driving the portable mini fridge market growth. This demand growth for compact devices can be attributed to the increasing emergence of single-person households and shrinking living spaces. Mini refrigerators are ideal for use in tight spaces, during outdoor activities, and while traveling due to their compact size. Besides, they are energy efficient and affordable. These factors make portal mini-fridges ideal for those living in small apartments or dorms, seeking to reduce electricity bills, or looking for a portable cooling solution to keep their food and drinks cold on the go. Hence, the increasing demand for compact and portable refrigeration is expected to boost the growth of the market during the forecast period. Discover some insights on market size during the historic period (2017 to 2021) and forecast period (2023-2027) before buying the full report – Request a sample report.
Portable mini fridge market – Customer landscape
Our report analyzes the lifecycle of the global portable mini fridge market from the innovator’s stage to the laggard’s stage, focusing on the adoption rates of major countries such as the US, Canada, China, India, Japan, and Germany. To help companies evaluate and develop growth strategies for 2023-2027, the report outlines –
- Key purchase criteria
- Adoption rates
- Adoption lifecycles
- Drivers of price sensitivity
- To unlock the detailed information on the customer landscape – request a sample now!
Portable mini fridge market – Vendor analysis
Vendor landscape – The global portable mini fridge market is fragmented, with the presence of several global and regional vendors. Some of the prominent vendors that offer a portable mini fridge in the market are AB…