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Wine Cellar Market Trends

Report ID: GMI7338
Published Date: Nov 2023
Report Format: PDF

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Wine Cellar Market Trends

The industry has witnessed a noticeable shift towards advanced technology. Some of the technologies that are being used or developed are artificial intelligence, blockchain, augmented reality, advanced cooling systems, and security systems. Technology-savvy wine enthusiasts of commercial and modern winery facilities are looking for reliable wine cellar that helps them in automatic wine storage, cellar mapping, and overall management to maintain overall wine quality. Wine cellar coming up with innovative design, advanced smart sensors, and remote monitoring features is likely to demand by the users in next few years.

Authors: Sharad , Avinash Singh

Frequently Asked Questions (FAQ) :

Global market for wine cellar was valued at around USD 2.64 billion in 2022 and is estimated to reach USD 3.67 billion by 2032, attributed to the increasing consumption of wine, requirement of wine bottle handling cabinets, and expansion of wineries.

The commercial application is poised to generate revenues by 2032, as the upswing in the investment of by pubs, bars, clubs, café, hotel & restaurants, and wine promotional festival is boosting the demand for wine cellar.

Asia-Pacific market has witnessed significant growth due to rising disposable incomes, changing alcohol consumption patterns, and an increasing focus on aesthetics aspects that significantly helps in enhancing the appearance and functionality of the interior spaces of a premises.

BSH Home Appliances Corporation, Cellar Solutions Inc., Climadiff SA, Dometic Group, Electrolux AB, EuroCave SAS, Haier Inc., KitchenAid-Whirlpool Corporation, La Sommelière, Liebherr-International AG, Middleby Corporation, and Viking Range Corporation.