The global wine racks market is expected to grow from USD 1,345.3 Million in 2023 to USD 2,298.0 Million by 2033, with overall sales accelerating at 5.5% CAGR throughout the forecast period. The rising production and consumption of wine across the world is a key factor driving the demand for wine racks in the market.
Wine racks are pieces of furniture or equipment used to store wine bottles more conveniently across various end-use sectors including restaurants, households, wine retail stores, and hotels. These racks are specially designed to store and protect wine bottles in a perfect atmosphere to improve the taste of wine. They are generally made from materials like wood, metals, and plastic and help end users save space while keeping their wine organized and safe.
Wine racks come in a variety of sizes and shapes, and can be mounted on a wall or placed on a countertop or shelf. These racks typically have slots or shelves for holding wine bottles, and may also include features such as labels, compartments for storing corkscrews or other accessories, or drawers for storing tasting notes.
Rising demand for wine across the world and an increasing number of restaurants, wine retail stores, supermarkets, and bars are expected to boost the global wine racks market during the forecast period.
Similarly, the rising trend of installing wine racks across the residential sector is acting as a catalyst triggering sales of wine racks in the market. Installing wine rack products like walk-in cellar racks and countertop racks has become an excellent way to add styles and décor to any home.
Consumers, especially wine lovers, across countries like the USA, Germany, and the UK are increasingly installing wine racks in their houses to store wine bottles and elevate home interiors to another level.
They take pride in showing their vintage wine collection to visitors by installing innovative wine racks. This in turn is generating high demand for wine racks in the market
Leading wine rack manufacturers are focused on offering innovative racks of various capacities and styles made from different materials to meet changing end-user demands. This will help them to increase their sales during the next ten years.
Attribute | Key Insights |
---|---|
Wine Racks Market Base Value (2022) | USD 1,275.2 Million |
Estimated Market Value (2023) | USD 1,345.3 Million |
Projected Market Value (2033) | USD 2,298.0 Million |
Value-based CAGR (2023 to 2033) | 5.5% |
Global Market Share of USA, Germany, Japan, and Australia | 64.7% |
The global demand for wine racks grew at 4.5% CAGR during the historical period from 2018 to 2022 and totaled a valuation of USD 1,275.2 Million by the end of 2022.
However, with rising consumption of wine and increasing adoption of wine racks across restaurants, hotels, wine retail stores, and residential homes, the overall sales of wine racks are poised to rise at 5.5% CAGR between 2023 and 2033.
Wine racks are unique solutions used for storing wine bottles across various end-use sectors. They are generally made from materials like wood, plastic, and metals and allow users to conveniently store wine and preserve its natural aroma and flavor. They are easy to use and install, help to save space, and reduce the chances of dry corks.
Various factors are spurring the growth of the wine racks market. One such factor is the increasing popularity of wine as a drink around the world. Another is the increasing number of households that are purchasing wine racks as part of their home decor.
Similarly, the rapid rise in the number of wineries, restaurants, and wine retail stores is expected to boost the global market for wine racks during the next ten years. The adoption of wine racks across restaurants, hotels, and wine retail stores not only helps these end users to store and protect wine but also enhances the appearance of the wines. This in turn helps them to attract more and more customers.
A number of influential factors have been identified that are expected to spur growth in the global wine racks market during the projection period (2023 to 2033). Besides the proliferating aspects prevailing in the market, the analysts at FMI have also analyzed the restraining elements, lucrative opportunities, and upcoming threats that can somehow influence wine rack sales.
The drivers, restraints, opportunities, and threats (DROTs) identified are as follows:
DRIVERS
RESTRAINTS
OPPORTUNITIES
THREATS
Increasing Wine Consumption Boosting the USA Market
The USA wine racks market accounted for around 33.3% of the global market and it is expected to reach a valuation of USD 448.0 Million in 2023. This can be attributed to the rapid expansion of the wine industry, the increasing number of wineries, a growing interest in wine among consumers, and the rising need for more efficient storage and display options.
Wine consumption across the USA has increased significantly during the last few years and the trend is likely to continue during the forecast period. According to the Wine Institute, the total wine consumption per resident reached 3.18 gals in 2021. This high consumption of wine is creating a conducive environment for the growth of the market for wine racks in the country.
Rising Adoption Across Households Fuelling Sales in the UK
The UK wine racks market is expected to grow at a 6.0% CAGR between 2023 and 2033. This growth can be attributed to the increasing popularity of wine as a drink choice among British consumers. In addition, the growing trend of entertaining at home has also helped to boost demand for wine racks and other storage solutions.
People in the UK are showing a keen inclination toward installing wine racks in their homes for storing wine products for longer durations. This is acting as a catalyst triggering sales of wine racks in the market and the trend is expected to continue during the next ten years.
Growing Number of Restaurants and Wine Retail Stores Propelling Demand in China
As per FMI, China’s wine racks market will grow at 6.2% CAGR during the forecast period (2023 to 2033). There are many reasons why China is emerging as a promising market for wine racks. One reason is the population explosion in the country.
With over 1.3 billion people, there is a huge potential market for wine consumption in China. Hence, there has been a rapid surge in the number of restaurants, hotels, wine retail stores, and supermarkets which are the primary end users of wine racks.
Additionally, the Chinese economy has been growing rapidly in recent years, which has led to an increase in disposable income and a corresponding increase in demand for luxury goods like wine.
Finally, the Chinese government has been supportive of the wine industry, investing heavily in promotion and infrastructure development. This has made China an increasingly attractive market for foreign investors and has helped to spur growth in the sector.
Availability of Innovative Wine Racks Facilitating Market Expansion in Germany
The German wine racks market is expected to surpass a valuation of USD 305.4 Million in 2023 and it will account for around 22.7% share of the global market by the end of 2023. This can be attributed to the easy availability of a wide range of innovative products, the presence of leading players, and the rapid expansion of end-use sectors.
Leading manufacturers based in Germany have developed a number of unique wine racks that are perfect for any home or business. Germany's wine racks are designed to keep wine bottles safe and secure, while also allowing to display of wine collections in a stylish way. They are being increasingly installed across residential and commercial sectors.
Wood Remains the Most Preferred Material
There are many different types of wine racks available in the market today. These products are mostly made from materials like wood, metal, and plastic. Each type has its own unique set of benefits and drawbacks.
However, wood remains the most commonly used material for making wine racks. This can be attributed to the rising end-user preference for wooden wine racks.
Wooden wine racks are typically made from oak or mahogany and can be stained or left natural. They are very durable and easy to care for. As a result, they are gaining wider popularity across end-user sectors.
Free Standing Racks to be the Top Selling Product Type
Based on product type, the global wine racks market is segmented into free-standing, walk-in cellars, and built-in, countertops.
As per FMI, the free-standing racks segment is anticipated to generate maximum revenues during the forecast period. This is because free-standing wine racks are becoming more and more popular with customers who stalk wine bottles in large amounts.
Manufacturers are providing free-standing wine racks that are rust-free and can withstand heavy weight. These cabinets are custom-made to complement the existing home decor.
Electric Wine Racks to be the Most Preferred Among End Users
Based on technology, the electric segment is expected to grow at a significant pace during the next ten years owing to the rising adoption of electric wine racks across various end-use sectors.
An electric wine rack is a type of machinery that helps to store and protect wine bottles. It typically consists of a system of shelves, racks, or bins that are designed to keep the bottles securely in place. In some cases, the electric wine racks may also include a cooling system to help keep the wine at the ideal temperature for storage. This type of equipment is typically used in restaurants, bars, and other commercial establishments.
Leading players in the market for wine racks are employing various strategies such as new product launches, mergers, acquisitions, collaborations, partnerships, and strengthening distribution channels to increase their sales and gain a competitive edge in the market. For instance,
Attribute | Details |
---|---|
Estimated Market Size (2023) | USD 1,345.3 Million |
Projected Market Size (2033) | USD 2,298.0 Million |
Anticipated Growth Rate (2023 to 2033) | 5.5% CAGR |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | USD Million for Value and Units for Volume |
Key Regions Covered | North America; Latin America; Europe; Asia Pacific; Oceania; Middle East and Africa (MEA) |
Key Countries Covered | USA, Canada, Mexico, Germany, UK, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, UAE |
Key Segments Covered | Material, Product Type, Application, Technology, Region |
Key Companies Profiled | HAIER; Enofrigo; Liebherr; Danby; PERLICK; Eurocave; Electrolux; Avanti; SUB-ZERO; EDGESTAR |
Report Coverage | Company Share Analysis, Drivers, Restraints, Opportunities and Threats Analysis, Market Dynamics and Challenges, Strategic Growth Initiatives, Market Forecast, Competitive Landscape, |
Table 1: Market Value (US$ Million) Forecast by Region, 2018 to 2033
Table 2: Market Volume (MT) Forecast by Region, 2018 to 2033
Table 3: Market Value (US$ Million) Forecast by Material, 2018 to 2033
Table 4: Market Volume (MT) Forecast by Material, 2018 to 2033
Table 5: Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 6: Market Volume (MT) Forecast by Product Type, 2018 to 2033
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Table 9: Market Value (US$ Million) Forecast by Technology, 2018 to 2033
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Table 11: North America Market Value (US$ Million) Forecast by Country, 2018 to 2033
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Table 15: North America Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
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Table 17: North America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 18: North America Market Volume (MT) Forecast by Application, 2018 to 2033
Table 19: North America Market Value (US$ Million) Forecast by Technology, 2018 to 2033
Table 20: North America Market Volume (MT) Forecast by Technology, 2018 to 2033
Table 21: Latin America Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 22: Latin America Market Volume (MT) Forecast by Country, 2018 to 2033
Table 23: Latin America Market Value (US$ Million) Forecast by Material, 2018 to 2033
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Table 25: Latin America Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 26: Latin America Market Volume (MT) Forecast by Product Type, 2018 to 2033
Table 27: Latin America Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 28: Latin America Market Volume (MT) Forecast by Application, 2018 to 2033
Table 29: Latin America Market Value (US$ Million) Forecast by Technology, 2018 to 2033
Table 30: Latin America Market Volume (MT) Forecast by Technology, 2018 to 2033
Table 31: Europe Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 32: Europe Market Volume (MT) Forecast by Country, 2018 to 2033
Table 33: Europe Market Value (US$ Million) Forecast by Material, 2018 to 2033
Table 34: Europe Market Volume (MT) Forecast by Material, 2018 to 2033
Table 35: Europe Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 36: Europe Market Volume (MT) Forecast by Product Type, 2018 to 2033
Table 37: Europe Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 38: Europe Market Volume (MT) Forecast by Application, 2018 to 2033
Table 39: Europe Market Value (US$ Million) Forecast by Technology, 2018 to 2033
Table 40: Europe Market Volume (MT) Forecast by Technology, 2018 to 2033
Table 41: East Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 42: East Asia Market Volume (MT) Forecast by Country, 2018 to 2033
Table 43: East Asia Market Value (US$ Million) Forecast by Material, 2018 to 2033
Table 44: East Asia Market Volume (MT) Forecast by Material, 2018 to 2033
Table 45: East Asia Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 46: East Asia Market Volume (MT) Forecast by Product Type, 2018 to 2033
Table 47: East Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 48: East Asia Market Volume (MT) Forecast by Application, 2018 to 2033
Table 49: East Asia Market Value (US$ Million) Forecast by Technology, 2018 to 2033
Table 50: East Asia Market Volume (MT) Forecast by Technology, 2018 to 2033
Table 51: South Asia Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 52: South Asia Market Volume (MT) Forecast by Country, 2018 to 2033
Table 53: South Asia Market Value (US$ Million) Forecast by Material, 2018 to 2033
Table 54: South Asia Market Volume (MT) Forecast by Material, 2018 to 2033
Table 55: South Asia Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 56: South Asia Market Volume (MT) Forecast by Product Type, 2018 to 2033
Table 57: South Asia Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 58: South Asia Market Volume (MT) Forecast by Application, 2018 to 2033
Table 59: South Asia Market Value (US$ Million) Forecast by Technology, 2018 to 2033
Table 60: South Asia Market Volume (MT) Forecast by Technology, 2018 to 2033
Table 61: Oceania Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 62: Oceania Market Volume (MT) Forecast by Country, 2018 to 2033
Table 63: Oceania Market Value (US$ Million) Forecast by Material, 2018 to 2033
Table 64: Oceania Market Volume (MT) Forecast by Material, 2018 to 2033
Table 65: Oceania Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 66: Oceania Market Volume (MT) Forecast by Product Type, 2018 to 2033
Table 67: Oceania Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 68: Oceania Market Volume (MT) Forecast by Application, 2018 to 2033
Table 69: Oceania Market Value (US$ Million) Forecast by Technology, 2018 to 2033
Table 70: Oceania Market Volume (MT) Forecast by Technology, 2018 to 2033
Table 71: MEA Market Value (US$ Million) Forecast by Country, 2018 to 2033
Table 72: MEA Market Volume (MT) Forecast by Country, 2018 to 2033
Table 73: MEA Market Value (US$ Million) Forecast by Material, 2018 to 2033
Table 74: MEA Market Volume (MT) Forecast by Material, 2018 to 2033
Table 75: MEA Market Value (US$ Million) Forecast by Product Type, 2018 to 2033
Table 76: MEA Market Volume (MT) Forecast by Product Type, 2018 to 2033
Table 77: MEA Market Value (US$ Million) Forecast by Application, 2018 to 2033
Table 78: MEA Market Volume (MT) Forecast by Application, 2018 to 2033
Table 79: MEA Market Value (US$ Million) Forecast by Technology, 2018 to 2033
Table 80: MEA Market Volume (MT) Forecast by Technology, 2018 to 2033
Figure 1: Market Value (US$ Million) by Material, 2023 to 2033
Figure 2: Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 3: Market Value (US$ Million) by Application, 2023 to 2033
Figure 4: Market Value (US$ Million) by Technology, 2023 to 2033
Figure 5: Market Value (US$ Million) by Region, 2023 to 2033
Figure 6: Market Value (US$ Million) Analysis by Region, 2018 to 2033
Figure 7: Market Volume (MT) Analysis by Region, 2018 to 2033
Figure 8: Market Value Share (%) and BPS Analysis by Region, 2023 to 2033
Figure 9: Market Y-o-Y Growth (%) Projections by Region, 2023 to 2033
Figure 10: Market Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 11: Market Volume (MT) Analysis by Material, 2018 to 2033
Figure 12: Market Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 13: Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 14: Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 15: Market Volume (MT) Analysis by Product Type, 2018 to 2033
Figure 16: Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 17: Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 18: Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 19: Market Volume (MT) Analysis by Application, 2018 to 2033
Figure 20: Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 21: Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 22: Market Value (US$ Million) Analysis by Technology, 2018 to 2033
Figure 23: Market Volume (MT) Analysis by Technology, 2018 to 2033
Figure 24: Market Value Share (%) and BPS Analysis by Technology, 2023 to 2033
Figure 25: Market Y-o-Y Growth (%) Projections by Technology, 2023 to 2033
Figure 26: Market Attractiveness by Material, 2023 to 2033
Figure 27: Market Attractiveness by Product Type, 2023 to 2033
Figure 28: Market Attractiveness by Application, 2023 to 2033
Figure 29: Market Attractiveness by Technology, 2023 to 2033
Figure 30: Market Attractiveness by Region, 2023 to 2033
Figure 31: North America Market Value (US$ Million) by Material, 2023 to 2033
Figure 32: North America Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 33: North America Market Value (US$ Million) by Application, 2023 to 2033
Figure 34: North America Market Value (US$ Million) by Technology, 2023 to 2033
Figure 35: North America Market Value (US$ Million) by Country, 2023 to 2033
Figure 36: North America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 37: North America Market Volume (MT) Analysis by Country, 2018 to 2033
Figure 38: North America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 39: North America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 40: North America Market Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 41: North America Market Volume (MT) Analysis by Material, 2018 to 2033
Figure 42: North America Market Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 43: North America Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 44: North America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 45: North America Market Volume (MT) Analysis by Product Type, 2018 to 2033
Figure 46: North America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 47: North America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 48: North America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 49: North America Market Volume (MT) Analysis by Application, 2018 to 2033
Figure 50: North America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 51: North America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 52: North America Market Value (US$ Million) Analysis by Technology, 2018 to 2033
Figure 53: North America Market Volume (MT) Analysis by Technology, 2018 to 2033
Figure 54: North America Market Value Share (%) and BPS Analysis by Technology, 2023 to 2033
Figure 55: North America Market Y-o-Y Growth (%) Projections by Technology, 2023 to 2033
Figure 56: North America Market Attractiveness by Material, 2023 to 2033
Figure 57: North America Market Attractiveness by Product Type, 2023 to 2033
Figure 58: North America Market Attractiveness by Application, 2023 to 2033
Figure 59: North America Market Attractiveness by Technology, 2023 to 2033
Figure 60: North America Market Attractiveness by Country, 2023 to 2033
Figure 61: Latin America Market Value (US$ Million) by Material, 2023 to 2033
Figure 62: Latin America Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 63: Latin America Market Value (US$ Million) by Application, 2023 to 2033
Figure 64: Latin America Market Value (US$ Million) by Technology, 2023 to 2033
Figure 65: Latin America Market Value (US$ Million) by Country, 2023 to 2033
Figure 66: Latin America Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 67: Latin America Market Volume (MT) Analysis by Country, 2018 to 2033
Figure 68: Latin America Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 69: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 70: Latin America Market Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 71: Latin America Market Volume (MT) Analysis by Material, 2018 to 2033
Figure 72: Latin America Market Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 73: Latin America Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 74: Latin America Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 75: Latin America Market Volume (MT) Analysis by Product Type, 2018 to 2033
Figure 76: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 77: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 78: Latin America Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 79: Latin America Market Volume (MT) Analysis by Application, 2018 to 2033
Figure 80: Latin America Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 81: Latin America Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 82: Latin America Market Value (US$ Million) Analysis by Technology, 2018 to 2033
Figure 83: Latin America Market Volume (MT) Analysis by Technology, 2018 to 2033
Figure 84: Latin America Market Value Share (%) and BPS Analysis by Technology, 2023 to 2033
Figure 85: Latin America Market Y-o-Y Growth (%) Projections by Technology, 2023 to 2033
Figure 86: Latin America Market Attractiveness by Material, 2023 to 2033
Figure 87: Latin America Market Attractiveness by Product Type, 2023 to 2033
Figure 88: Latin America Market Attractiveness by Application, 2023 to 2033
Figure 89: Latin America Market Attractiveness by Technology, 2023 to 2033
Figure 90: Latin America Market Attractiveness by Country, 2023 to 2033
Figure 91: Europe Market Value (US$ Million) by Material, 2023 to 2033
Figure 92: Europe Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 93: Europe Market Value (US$ Million) by Application, 2023 to 2033
Figure 94: Europe Market Value (US$ Million) by Technology, 2023 to 2033
Figure 95: Europe Market Value (US$ Million) by Country, 2023 to 2033
Figure 96: Europe Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 97: Europe Market Volume (MT) Analysis by Country, 2018 to 2033
Figure 98: Europe Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 99: Europe Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 100: Europe Market Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 101: Europe Market Volume (MT) Analysis by Material, 2018 to 2033
Figure 102: Europe Market Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 103: Europe Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 104: Europe Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 105: Europe Market Volume (MT) Analysis by Product Type, 2018 to 2033
Figure 106: Europe Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 107: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 108: Europe Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 109: Europe Market Volume (MT) Analysis by Application, 2018 to 2033
Figure 110: Europe Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 111: Europe Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 112: Europe Market Value (US$ Million) Analysis by Technology, 2018 to 2033
Figure 113: Europe Market Volume (MT) Analysis by Technology, 2018 to 2033
Figure 114: Europe Market Value Share (%) and BPS Analysis by Technology, 2023 to 2033
Figure 115: Europe Market Y-o-Y Growth (%) Projections by Technology, 2023 to 2033
Figure 116: Europe Market Attractiveness by Material, 2023 to 2033
Figure 117: Europe Market Attractiveness by Product Type, 2023 to 2033
Figure 118: Europe Market Attractiveness by Application, 2023 to 2033
Figure 119: Europe Market Attractiveness by Technology, 2023 to 2033
Figure 120: Europe Market Attractiveness by Country, 2023 to 2033
Figure 121: East Asia Market Value (US$ Million) by Material, 2023 to 2033
Figure 122: East Asia Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 123: East Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 124: East Asia Market Value (US$ Million) by Technology, 2023 to 2033
Figure 125: East Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 126: East Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 127: East Asia Market Volume (MT) Analysis by Country, 2018 to 2033
Figure 128: East Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 129: East Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 130: East Asia Market Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 131: East Asia Market Volume (MT) Analysis by Material, 2018 to 2033
Figure 132: East Asia Market Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 133: East Asia Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 134: East Asia Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 135: East Asia Market Volume (MT) Analysis by Product Type, 2018 to 2033
Figure 136: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 137: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 138: East Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 139: East Asia Market Volume (MT) Analysis by Application, 2018 to 2033
Figure 140: East Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 141: East Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 142: East Asia Market Value (US$ Million) Analysis by Technology, 2018 to 2033
Figure 143: East Asia Market Volume (MT) Analysis by Technology, 2018 to 2033
Figure 144: East Asia Market Value Share (%) and BPS Analysis by Technology, 2023 to 2033
Figure 145: East Asia Market Y-o-Y Growth (%) Projections by Technology, 2023 to 2033
Figure 146: East Asia Market Attractiveness by Material, 2023 to 2033
Figure 147: East Asia Market Attractiveness by Product Type, 2023 to 2033
Figure 148: East Asia Market Attractiveness by Application, 2023 to 2033
Figure 149: East Asia Market Attractiveness by Technology, 2023 to 2033
Figure 150: East Asia Market Attractiveness by Country, 2023 to 2033
Figure 151: South Asia Market Value (US$ Million) by Material, 2023 to 2033
Figure 152: South Asia Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 153: South Asia Market Value (US$ Million) by Application, 2023 to 2033
Figure 154: South Asia Market Value (US$ Million) by Technology, 2023 to 2033
Figure 155: South Asia Market Value (US$ Million) by Country, 2023 to 2033
Figure 156: South Asia Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 157: South Asia Market Volume (MT) Analysis by Country, 2018 to 2033
Figure 158: South Asia Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 159: South Asia Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 160: South Asia Market Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 161: South Asia Market Volume (MT) Analysis by Material, 2018 to 2033
Figure 162: South Asia Market Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 163: South Asia Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 164: South Asia Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 165: South Asia Market Volume (MT) Analysis by Product Type, 2018 to 2033
Figure 166: South Asia Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 167: South Asia Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 168: South Asia Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 169: South Asia Market Volume (MT) Analysis by Application, 2018 to 2033
Figure 170: South Asia Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 171: South Asia Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 172: South Asia Market Value (US$ Million) Analysis by Technology, 2018 to 2033
Figure 173: South Asia Market Volume (MT) Analysis by Technology, 2018 to 2033
Figure 174: South Asia Market Value Share (%) and BPS Analysis by Technology, 2023 to 2033
Figure 175: South Asia Market Y-o-Y Growth (%) Projections by Technology, 2023 to 2033
Figure 176: South Asia Market Attractiveness by Material, 2023 to 2033
Figure 177: South Asia Market Attractiveness by Product Type, 2023 to 2033
Figure 178: South Asia Market Attractiveness by Application, 2023 to 2033
Figure 179: South Asia Market Attractiveness by Technology, 2023 to 2033
Figure 180: South Asia Market Attractiveness by Country, 2023 to 2033
Figure 181: Oceania Market Value (US$ Million) by Material, 2023 to 2033
Figure 182: Oceania Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 183: Oceania Market Value (US$ Million) by Application, 2023 to 2033
Figure 184: Oceania Market Value (US$ Million) by Technology, 2023 to 2033
Figure 185: Oceania Market Value (US$ Million) by Country, 2023 to 2033
Figure 186: Oceania Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 187: Oceania Market Volume (MT) Analysis by Country, 2018 to 2033
Figure 188: Oceania Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 189: Oceania Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 190: Oceania Market Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 191: Oceania Market Volume (MT) Analysis by Material, 2018 to 2033
Figure 192: Oceania Market Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 193: Oceania Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 194: Oceania Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 195: Oceania Market Volume (MT) Analysis by Product Type, 2018 to 2033
Figure 196: Oceania Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 197: Oceania Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 198: Oceania Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 199: Oceania Market Volume (MT) Analysis by Application, 2018 to 2033
Figure 200: Oceania Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 201: Oceania Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 202: Oceania Market Value (US$ Million) Analysis by Technology, 2018 to 2033
Figure 203: Oceania Market Volume (MT) Analysis by Technology, 2018 to 2033
Figure 204: Oceania Market Value Share (%) and BPS Analysis by Technology, 2023 to 2033
Figure 205: Oceania Market Y-o-Y Growth (%) Projections by Technology, 2023 to 2033
Figure 206: Oceania Market Attractiveness by Material, 2023 to 2033
Figure 207: Oceania Market Attractiveness by Product Type, 2023 to 2033
Figure 208: Oceania Market Attractiveness by Application, 2023 to 2033
Figure 209: Oceania Market Attractiveness by Technology, 2023 to 2033
Figure 210: Oceania Market Attractiveness by Country, 2023 to 2033
Figure 211: MEA Market Value (US$ Million) by Material, 2023 to 2033
Figure 212: MEA Market Value (US$ Million) by Product Type, 2023 to 2033
Figure 213: MEA Market Value (US$ Million) by Application, 2023 to 2033
Figure 214: MEA Market Value (US$ Million) by Technology, 2023 to 2033
Figure 215: MEA Market Value (US$ Million) by Country, 2023 to 2033
Figure 216: MEA Market Value (US$ Million) Analysis by Country, 2018 to 2033
Figure 217: MEA Market Volume (MT) Analysis by Country, 2018 to 2033
Figure 218: MEA Market Value Share (%) and BPS Analysis by Country, 2023 to 2033
Figure 219: MEA Market Y-o-Y Growth (%) Projections by Country, 2023 to 2033
Figure 220: MEA Market Value (US$ Million) Analysis by Material, 2018 to 2033
Figure 221: MEA Market Volume (MT) Analysis by Material, 2018 to 2033
Figure 222: MEA Market Value Share (%) and BPS Analysis by Material, 2023 to 2033
Figure 223: MEA Market Y-o-Y Growth (%) Projections by Material, 2023 to 2033
Figure 224: MEA Market Value (US$ Million) Analysis by Product Type, 2018 to 2033
Figure 225: MEA Market Volume (MT) Analysis by Product Type, 2018 to 2033
Figure 226: MEA Market Value Share (%) and BPS Analysis by Product Type, 2023 to 2033
Figure 227: MEA Market Y-o-Y Growth (%) Projections by Product Type, 2023 to 2033
Figure 228: MEA Market Value (US$ Million) Analysis by Application, 2018 to 2033
Figure 229: MEA Market Volume (MT) Analysis by Application, 2018 to 2033
Figure 230: MEA Market Value Share (%) and BPS Analysis by Application, 2023 to 2033
Figure 231: MEA Market Y-o-Y Growth (%) Projections by Application, 2023 to 2033
Figure 232: MEA Market Value (US$ Million) Analysis by Technology, 2018 to 2033
Figure 233: MEA Market Volume (MT) Analysis by Technology, 2018 to 2033
Figure 234: MEA Market Value Share (%) and BPS Analysis by Technology, 2023 to 2033
Figure 235: MEA Market Y-o-Y Growth (%) Projections by Technology, 2023 to 2033
Figure 236: MEA Market Attractiveness by Material, 2023 to 2033
Figure 237: MEA Market Attractiveness by Product Type, 2023 to 2033
Figure 238: MEA Market Attractiveness by Application, 2023 to 2033
Figure 239: MEA Market Attractiveness by Technology, 2023 to 2033
Figure 240: MEA Market Attractiveness by Country, 2023 to 2033
The global wine racks market size is expected to reach around USD 1,345.3 Million by 2023.
Between 2023 and 2033, the worldwide wine racks market is expected to rise at a CAGR of 5.5%.
The worldwide market for wine racks is projected to reach a valuation of UD 2,298.0 Million by 2033.
The USA, UK, China, and Germany are the major countries driving demand for wine racks.
As per FMI, the overall market for wine racks in Japan is expected to grow at 5.7% CAGR during the forecast period, reaching a valuation of USD 76.7 Million by the end of 2023.
The market for wine racks in Australia is expected to reach USD 68.9 Million in 2023.
China’s wine racks market will grow at 6.2% CAGR between 2023 and 2033.
The market for wine racks in India is expected to grow at 6.2% CAGR during the forecast period.
The UK wine racks market is anticipated to expand at 6.0% CAGR between 2023 and 2033.
HAIER, Enofrigo, Liebherr, Danby, and PERLICK are the companies dominating the wine racks market.
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