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Global Minibars Market by Type (Absorption, Compression, Thermoelectric), By Application (Transportation, Commercial & Residential buildings) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CG-131
  • Author: Up Market Research
  • Rating: 4.9
  • Total Reviews: 57
  • No. Of Pages: 236
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  • Pub. Date: 2021-03-01
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The global minibars market is projected to grow from $5.2 billion in 2021 to $7.6 billion by 2028, at a CAGR of 4.1% during the forecast period (2020-2028). The growth of this market can be attributed not only due to the increasing demand for convenience but also to changing lifestyles and working culture with more people on the move today than ever before necessitating portability and availability of essential supplies such as food and drink anywhere anytime.

Minibars are small refrigerators that can be found in many hotels and restaurants. They provide the convenience of accessible food and drink 24/seven, without having to visit a fridge or vending machine. Some minibars come with compartments for storing various types of alcohol such as beer, wine, champagne, rum, etc. Minibar offerings include sandwiches, chips, water bottles (with room temperature), yogurt cups (also at room temp) among other items.

The main advantage is availability: guests don't have to walk down from their rooms when they feel hungry--they just take out whatever they need from the refrigerator which may also contain soda cans like coke and Pepsi products on hand-basis for immediate consumption. The minibar is typically located in the guest's room but also can be found outside of it. Minibars are a necessity for many hotels as they provide convenience and comfort to their guests.

On the basis of type, the global minibars market is segmented into absorption, compression, and thermoelectric.


Absorption minibars are popularly used for refrigeration in buses, trains, and cars. They work by the use of gas like ammonia or hydrogen that is absorbed into the water to make it cold. Absorption also has the advantage of being able to keep food fresh without using any electricity. The biggest disadvantage with absorption models is their capacity as they can only hold a limited amount of items when compared with other types which have unlimited storage space.


Compression minibars typically use heat (via hot water) created via steam injection to compress air inside a sealed chamber containing coolant fluid where both actions result in increased pressure on the fluids' particles, thus creating a cooling effect similar to that of a refrigerator. They are usually used in commercial and residential buildings because they have the capacity to store more items than other types, which makes them perfect for offices or public areas where food is served.


Thermoelectric minibars are a most popular type of product in this industry as it offers good performance at affordable prices. Thermoelectric minibars use heat from electricity to make cold airflow through tubes filled with fluid containing tiny ice crystals (a process called Peltier cooling) while simultaneously blowing hot air out on the opposite side. These devices can be integrated into any type of building’s system and work well when you want cooled space without using much energy as they consume less power than absorption models.

On the basis of application, the global minibars market is segmented into transportation, commercial & residential buildings.


Transportation has been identified as one of the key applications for minibars. Minibar refrigeration systems are used in buses, trains to cool beverages and food items. It is also useful in reducing carbon emissions by eliminating the use of cans or bottles with lids that produce 12 grams (0.04 pounds) per can/bottle equivalent weight when recycled. Absorption-based minibars are used in transportation, as they are ideal for cooling the interiors of buses and trains. They consume less power than compression models (hence reducing electricity consumption costs) while also being more efficient at removing heat from the environment. Absorption-based units can be integrated into any type of building’s system and work well when you want cooled space without using much energy as they consume less power than absorption models.

Commercial & Residential Buildings

Another application for minibars is in commercial and residential buildings, where they are often used to cool spaces. Minibars can be integrated into any type of building’s system and work well when you want cooled space without using much energy as they consume less power than absorption models.

In the commercial & residential buildings segment, application areas comprise restaurants: both at home and away from home. In addition, they are increasingly being installed into homes where children’s bedrooms offer a low-cost option for parents who want to keep their kids' drinks cold without using an expensive freezer space which may not be available due to lack of space or other priorities.

On the basis of region, the global minibars market is segmented into North America leads due to high demand from the US for refrigerated foods for consumption on the go. The North American region is expected to be the largest contributor in terms of the revenue share by 2028 as it accounted for a significant share, about 47% in 2017. Europe also exhibits significant growth with regard to its increasing penetration rate by new entrants such as Bosch Hausgeräte GmbH and Siemens Home Appliances Group AG who have entered into a joint venture agreement to manufacture small appliances like kitchen utensils and dishwashers.

Growth Factors

-Increasing awareness about the usage of minibars has contributed to growth in this market.

-The growing number of commercial and residential buildings is also a driving factor for this market, as it will lead to an increase in demand for minibars.

-Increasing urbanization is creating a need for minibars in public spaces like clubs, malls, restaurants, airports, etc.

growth factor for a global market is increasing urbanization which creates demand for minibars in such places as clubs, malls, restaurant airports, etc.

-The rise in disposable income levels has also been observed to be one of the major drivers propelling this market's growth globally.

Up Market Research published a new report titled “Minibars Market research report which is segmented by Types (Absorption, Compression, Thermoelectric), By Applications (Transportation, Commercial & Residential buildings), By Players/Companies Bartech, Dometic Group, Indel B, Vitrifrigo, Minibar Systems, Royal Minibars, JennAir, iTEC, TECHNOMAX”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.


Report Scope

Report Attributes Report Details
Report Title Minibars Market Research Report
By Type Absorption, Compression, Thermoelectric
By Application Transportation, Commercial & Residential buildings
By Companies Bartech, Dometic Group, Indel B, Vitrifrigo, Minibar Systems, Royal Minibars, JennAir, iTEC, TECHNOMAX
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 236
Number of Tables & Figures 166
Customization Available Yes, the report can be customized as per your need.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Minibars Industry Outlook

Global Minibars Market Report Segments:

The market is segmented by Type Absorption, Compression, Thermoelectric and By Application Transportation, Commercial & Residential buildings.


Some of the companies that are profiled in this report are:

  1. Bartech
  2. Dometic Group
  3. Indel B
  4. Vitrifrigo
  5. Minibar Systems
  6. Royal Minibars
  7. JennAir
  8. iTEC

Minibars Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.


Key Benefits for Industry Participants & Stakeholders:

  • Industry drivers, restraints, and opportunities covered in the study
  • Neutral perspective on the market performance
  • Recent industry trends and developments
  • Competitive landscape & strategies of key players
  • Potential & niche segments and regions exhibiting promising growth covered
  • Historical, current, and projected market size, in terms of value
  • In-depth analysis of the Minibars Market

Overview of the regional outlook of the Minibars Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Minibars Market Overview

Highlights of The Minibars Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Minibars Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Absorption

                2. Compression

                3. Thermoelectric

       7. By Application:

                1. Transportation

                2. Commercial & Residential buildings

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Minibars Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.


How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Minibars Market Statistics

Reasons to Purchase the Minibars Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Minibars Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Minibars Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Minibars Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Minibars Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Minibars Market Size & Forecast, 2018-2028 
      4.5.1 Minibars Market Size and Y-o-Y Growth 
      4.5.2 Minibars Market Absolute $ Opportunity 

Chapter 5 Global Minibars Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Minibars Market Size Forecast by Type
      5.2.1 Absorption
      5.2.2 Compression
      5.2.3 Thermoelectric
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Minibars Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Minibars Market Size Forecast by Applications
      6.2.1 Transportation
      6.2.2 Commercial & Residential buildings
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Minibars Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Minibars Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Minibars Analysis and Forecast
   9.1 Introduction
   9.2 North America Minibars Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Minibars Market Size Forecast by Type
      9.6.1 Absorption
      9.6.2 Compression
      9.6.3 Thermoelectric
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Minibars Market Size Forecast by Applications
      9.10.1 Transportation
      9.10.2 Commercial & Residential buildings
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Minibars Analysis and Forecast
   10.1 Introduction
   10.2 Europe Minibars Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Minibars Market Size Forecast by Type
      10.6.1 Absorption
      10.6.2 Compression
      10.6.3 Thermoelectric
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Minibars Market Size Forecast by Applications
      10.10.1 Transportation
      10.10.2 Commercial & Residential buildings
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Minibars Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Minibars Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Minibars Market Size Forecast by Type
      11.6.1 Absorption
      11.6.2 Compression
      11.6.3 Thermoelectric
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Minibars Market Size Forecast by Applications
      11.10.1 Transportation
      11.10.2 Commercial & Residential buildings
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Minibars Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Minibars Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Minibars Market Size Forecast by Type
      12.6.1 Absorption
      12.6.2 Compression
      12.6.3 Thermoelectric
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Minibars Market Size Forecast by Applications
      12.10.1 Transportation
      12.10.2 Commercial & Residential buildings
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Minibars Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Minibars Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Minibars Market Size Forecast by Type
      13.6.1 Absorption
      13.6.2 Compression
      13.6.3 Thermoelectric
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Minibars Market Size Forecast by Applications
      13.10.1 Transportation
      13.10.2 Commercial & Residential buildings
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Minibars Market: Competitive Dashboard
   14.2 Global Minibars Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Bartech
      14.3.2 Dometic Group
      14.3.3 Indel B
      14.3.4 Vitrifrigo
      14.3.5 Minibar Systems
      14.3.6 Royal Minibars
      14.3.7 JennAir
      14.3.8 iTEC
      14.3.9 TECHNOMAX
Segments Covered in the Report
The global Minibars market has been segmented based on

By Types
  • Absorption
  • Compression
  • Thermoelectric
By Applications
  • Transportation
  • Commercial & Residential buildings
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Bartech
  • Dometic Group
  • Indel B
  • Vitrifrigo
  • Minibar Systems
  • Royal Minibars
  • JennAir
  • iTEC

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