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The global minibar market size was valued at USD 1.15 billion in 2016 and is expected to witness growth on account of rising use of these products by the hospitality and recreational markets at large.
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Your Catalyst to a Lucrative Business Minibar Market Size, Share, Growth, Analysis, Trends, and Forescast to 2024 | Hexa Research “The global minibar market is expected to witness growth on account of rising use of these products by the hospitality and recreational markets at large.” 9 January 2019 - The global Minibar Market size to reach USD 1.49 billion by 2024, owing to the transformation, growth, and emergence of the hospitality industry worldwide. With the rise in the demand for customer satisfaction and necessity of enhancing profitability in the hotel industry, the demand of minibars is estimated to grow over the forecast period. In addition, the increasing prerequisites of consumers and guests for hassle free services, high comfort, facilities, and luxury while travelling and their stay at elite hotels is anticipated to encourage the market growth. This in turn is expected to reassure the hotel industry to focus on providing value added services such as safety box, laundry, Wi-Fi, ironing, dry cleaning, minibars, in-room dining and others. One of the services offered by exclusive hotels nowadays is the in-room minibars, which adds to customer experience. The prevailing rate of installation of minibars in rooms of luxury hotels poses growth potential for the global minibar market. Cherishable customer experiences results in enhanced customer loyalty and promotes continued association of customers in future as well, which in turn fuels the growth of minibar market on a global scale. Browse Details of Report @ https://www.hexaresearch.com/research-report/minibar-market Follow Us:
Your Catalyst to a Lucrative Business In terms of product type, the automatic minibars market is expected to grow driven by rise in technological advancements, and use of automated systems in the hospitality industry to ensure privileged services and ensure hassle-free customer handling. The market for absorption minibars market is estimated to develop swiftly on account of the existing properties such as environment friendly, completely silent, highly reliable, energy efficient, and offers an extended service life. With the rise in technological advancements, automatic minibars can detect missing items, charge the guests based on the usage of the products using sensors and can be synchronized with the property management system (PMS) of hotels. The use of minibars owing to the features offered by them such as fully automated systems which solve issues faced by hotels and offices at operational levels is projected to fuel the overall market growth over the forecast period. The use of minibar in hotels to deliver customer satisfaction is expected to support the market growth for the global minibar market during the forecast period. In terms of geography, the use of minibars in Asia Pacific is estimated to develop the fastest owing to the budding commercial and hospitality sector, growing tourism, and large customer base in the hospitality, recreational, and other commercial spaces. Hexa Research has segmented the global mini bar market report based on product type, technology, application and region: Segmentation by product, 2014 - 2024 (USD Million) • Automatic • Manual Segmentation by technology, 2014 - 2024 (USD Million) • Absorption • Compression • Thermoelectric Segmentation by application, 2014 - 2024 (USD Million) • Transportation • Commercial & Residential buildings Segmentation by region, 2014 - 2024 (USD Million) • North America • U.S. • Canada • Asia Pacific • China Follow Us:
Your Catalyst to a Lucrative Business • Europe • Germany • UK • Central & South America • Middle East & Africa Key players analyzed: • Bartech • Dometic Group AB (publ) • Indel B S.p.A. • Vitrifrigo • Minibar Systems Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/consumer- goods-industry Follow Us:
Your Catalyst to a Lucrative Business Table of Contents of Minibar Market: Chapter 1. Executive Summary Chapter 2. Methodology and Scope 2.1. Research methodology 2.2. Assumptions 2.3. List of data sources Chapter 3. Introduction 3.1. Research scope & market segmentation Chapter 4. Minibar Market Trends: Drivers & Opportunities 4.1. Key Industry Trends 4.1.1. Raw material trend 4.1.2. Technology trend 4.1.3. Supplier trend 4.1.4. Buyer trend 4.2. Market Drivers 4.3. Market Restraints 4.4. Opportunity Assessment 4.5. Raw Material Analysis 4.6. Value Chain Analysis 4.7. PESTEL Analysis 4.8. Porter's Five Forces analysis Chapter 5. Minibar Market Trends, By Product 5.1. Global minibar market movement, by product, 2016 & 2024 5.1.1. Automatic 5.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million) 5.1.2. Manual 5.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million) Chapter 6. Minibar Market Trends, By Technology 6.1. Global minibar market movement, by technology, 2016 & 2024 6.1.1. Absorption Follow Us:
Your Catalyst to a Lucrative Business 6.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million) 6.1.2. Compression 6.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million) 6.1.3. Thermoelectric 6.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Million) Chapter 7. Minibar Market Trends, By Application 7.1. Global minibar market movement, by application, 2016 & 2024 7.1.1. Transportation 7.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million) 7.1.2. Commercial & Residential buildings 7.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million) Chapter 8. Minibar Market Trends, By Region 8.1. Global minibar market movement, by region, 2016 & 2024 8.1.1. North America 8.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Million) 8.1.1.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million) 8.1.1.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million) 8.1.1.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million) 8.1.2. Europe 8.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Million) 8.1.2.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million) 8.1.2.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million) 8.1.2.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million) 8.1.3. Asia-Pacific 8.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Million) 8.1.3.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million) 8.1.3.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million) 8.1.3.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million) 8.1.4. Central & South America 8.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Million) 8.1.4.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million) 8.1.4.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million) 8.1.4.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million) 8.1.5. Middle East & Africa Follow Us:
Your Catalyst to a Lucrative Business 8.1.5.1. Market estimates and forecast, 2014 - 2024 (USD Million) 8.1.5.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million) 8.1.5.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million) 8.1.5.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million) Chapter 9. Key Country Markets 9.1. U.S. 9.1.1. Market estimates and forecast, 2014 - 2024 (USD Million) 9.1.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million) 9.1.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million) 9.1.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million) 9.2. Canada 9.2.1. Market estimates and forecast, 2014 - 2024 (USD Million) 9.2.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million) 9.2.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million) 9.2.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million) 9.3. Germany 9.3.1. Market estimates and forecast, 2014 - 2024 (USD Million) 9.3.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million) 9.3.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million) 9.3.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million) 9.4. UK 9.4.1. Market estimates and forecast, 2014 - 2024 (USD Million) 9.4.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million) 9.4.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million) 9.4.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million) 9.5. China 9.5.1. Market estimates and forecast, 2014 - 2024 (USD Million) 9.5.2. Market estimates and forecast, by product, 2014 - 2024 (USD Million) 9.5.3. Market estimates and forecast, by technology, 2014 - 2024 (USD Million) 9.5.4. Market estimates and forecast, by application, 2014 - 2024 (USD Million) Chapter 10. Competitive Landscape 10.1. Company market share 10.2. Strategic framework 10.3. Company profiles Follow Us:
Your Catalyst to a Lucrative Business 10.3.1. Bartech 10.3.1.1. Company Overview 10.3.1.2. Financial Performance 10.3.1.3. Product Benchmarking 10.3.1.4. SWOT 10.3.1.5. Recent Initiatives 10.3.1.6. Future Outlook and Strategies 10.3.2. Dometic Group AB (publ) 10.3.2.1. Company Overview 10.3.2.2. Financial Performance 10.3.2.3. Product Benchmarking 10.3.2.4. SWOT 10.3.2.5. Recent Initiatives 10.3.2.6. Future Outlook and Strategies 10.3.3. Indel B S.p.A. 10.3.3.1. Company Overview 10.3.3.2. Financial Performance 10.3.3.3. Product Benchmarking 10.3.3.4. SWOT 10.3.3.5. Recent Initiatives 10.3.3.6. Future Outlook and Strategies 10.3.4. Vitrifrigo 10.3.4.1. Company Overview 10.3.4.2. Financial Performance 10.3.4.3. Product Benchmarking 10.3.4.4. SWOT 10.3.4.5. Recent Initiatives 10.3.4.6. Future Outlook and Strategies 10.3.5. Minibar Systems 10.3.5.1. Company Overview 10.3.5.2. Financial Performance 10.3.5.3. Product Benchmarking 10.3.5.4. SWOT 10.3.5.5. Recent Initiatives 10.3.5.6. Future Outlook and Strategies 10.3.6. List of other vendors Follow Us:
Your Catalyst to a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website: https://www.hexaresearch.com Follow Us: