Global and United States Minibars Market Report & Forecast 2022-2028

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.
Market Analysis and Insights: Global and United States Minibars Market
This report focuses on global and United States Minibars market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Minibars market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Absorption accounting for % of the Minibars global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Hotel was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Hoteliers are obligated to modify their service offerings with the aim of not losing their guests to convenience stores in the proximity. Hotels are increasingly using these cellarets to deliver an exclusive experience to their guests and generate additional revenues, which is aiding to the growth of the industry. The prevailing demand from the mentioned sectors is expected to keep the market afloat over the forecast period as well. Increasing installation of minibars in hotel rooms, rendering favorable services to the guests’ will further enhance the acceptance of these types of counters over the forecast period.
Global Minibars Scope and Market Size
Minibars market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Minibars market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Minibars market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.

Segment by Type
Absorption
Compression
Thermoelectric

Segment by Application
Hotel
Casino
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

By Company
Bartech
Dometic Group
Indel B
Vitrifrigo/VAG Group
Minibar Systems
Royal Manufacturing, Inc.
TECHNOMAX
Hoist Group
ASSA ABLOY
ISM MINIBAR
JVD
TEFCOLD