Europe Portable Mini Fridges Market Latest Advancements And Industry Outlook 2018 To 2026 – PRnews L
Europe Portable Mini Fridges Market was valued US$ 341.20 Mn in 2017 and is expected to reach US $ 442.30 Mn by 2026, at a CAGR of 3.30 % during a forecast period.
Portable Mini Fridges offers features such as low energy usage, and less space, boost consumers to replace their conventional refrigerators with portable mini fridges portable mini fridges. Consumers can set them up wherever they want instantly after purchase. Light in weight is a key asset of mini fridges. Travelers can move around for long and short trips with these fridges. Portable mini fridges are also called travel mini fridges.
Increasing requirement for cold storage in commercial vehicles and rising demand for smart & energy-saving home appliances among consumers is one of the dominant factor driving the portable mini fridge market. The evolution of hospitality industry majorly drives the demand for portable mini fridge market.
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Limitations in refrigeration efficiency and limited opportunity in residential space are limiting the growth in the Europe portable mini fridges market.
In the commercial application, portable mini fridges are used for cooling purposes in road & commercial vehicles, tugboats & transport boats, caravans and other commercial places, such as hotels, restaurants, offices. Consumers can set them up wherever they want instantly after purch....