Minibars Market

A minibar is a small refrigerator, typically an absorption refrigerator, in a luxury hotel room. The hotel staff fill it with drinks and snacks for the guest to purchase during their stay. It is stocked with a precise inventory of goods, with a price list. The guest is charged for goods consumed when checking out of the hotel. Some newer minibars use infrared or other automated methods of recording purchases. These detect the removal of an item, and charge the guest's credit card right away, even if the item is not consumed. This is done to prevent loss of product, theft and lost revenue.
Minibars Market contains market size and forecasts of Minibars in global, including the following market information:
Global Minibars Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Minibars Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Minibars companies in 2021 (%)
The global Minibars market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Absorption Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Minibars include Bartech, Dometic Group, Indel B, Vitrifrigo/VAG Group, Minibar Systems, Royal Manufacturing, Inc., TECHNOMAX, Hoist Group and ASSA ABLOY, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Minibars manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Minibars Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Minibars Market Segment Percentages, by Type, 2021 (%)
Absorption
Compression
Thermoelectric
Global Minibars Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Minibars Market Segment Percentages, by Application, 2021 (%)
Hotel
Casino
Others
Global Minibars Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Minibars Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Minibars revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Minibars revenues share in global market, 2021 (%)
Key companies Minibars sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Minibars sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bartech
Dometic Group
Indel B
Vitrifrigo/VAG Group
Minibar Systems
Royal Manufacturing, Inc.
TECHNOMAX
Hoist Group
ASSA ABLOY
ISM MINIBAR
JVD
TEFCOLD