PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1684528
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1684528
Electric Wine Opener Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
The Global Electric Wine Opener Market, valued at USD 514.3 million in 2024, is set to experience a CAGR of 6.8% from 2025 to 2034. This surge is largely fueled by the growing consumer preference for convenience and efficiency in wine consumption. As more people seek to elevate their in-home entertainment experiences, the demand for premium wine accessories like electric wine openers is rapidly rising. Additionally, the increasing popularity of wine culture among millennials and professionals, paired with a global trend toward modern, user-friendly kitchen gadgets, is driving significant market momentum. The appeal of electric wine openers lies in their ability to simplify wine bottle opening, offering a seamless, hassle-free experience that resonates with today's busy lifestyles. Enhanced product innovation, along with a strong focus on design and technology, is expected to further bolster the market's expansion over the next decade.
The market is segmented into cordless and corded electric wine openers, with the cordless category demonstrating the most promising growth prospects. In 2024, cordless electric wine openers generated USD 378.2 million and are forecasted to reach USD 727.8 million by 2034. Their rechargeable, battery-powered functionality is a key factor driving this segment's dominance. Cordless models offer unmatched flexibility and convenience, enabling users to open wine bottles effortlessly without the limitations of cords or outlets. This feature appeals strongly to wine enthusiasts who prioritize functionality and sleek, portable designs. The cordless segment's growing popularity underscores a broader consumer shift toward adaptable and efficient kitchen tools.
| Market Scope | |
|---|---|
| Start Year | 2024 |
| Forecast Year | 2025-2034 |
| Start Value | $514.3 Million |
| Forecast Value | $983.5 Million |
| CAGR | 6.8% |
In terms of distribution channels, the electric wine opener market is divided into online and offline sales. Online platforms emerged as the leading distribution channel in 2024, accounting for 56.3% of the market share. By 2034, online sales are anticipated to reach USD 558.6 million, reflecting the increasing consumer reliance on e-commerce for purchasing wine accessories. The convenience of online shopping-ranging from easy product comparisons and customer reviews to doorstep delivery-is a major driver of this trend. Popular e-commerce platforms and specialty websites provide extensive product options, making it easier for consumers to find electric wine openers that meet their preferences.
In the United States, the electric wine opener market generated USD 160.4 million in 2024 and is projected to grow at a CAGR of 6.7% between 2025 and 2034. The rising demand for innovative kitchen gadgets and the steady growth of wine culture, particularly among millennials and busy professionals, are key factors driving this growth. Electric wine openers are increasingly viewed as essential tools that enhance wine-related experiences, catering to a growing consumer base that values convenience and sophistication.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Base estimates & calculations
- 1.3 Forecast calculations
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry 3600 synopsis, 2021-2034
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.2 Supplier Landscape
- 3.3 Profit margin analysis
- 3.4 Key news & initiatives
- 3.5 Regulatory landscape
- 3.6 Impact forces
- 3.6.1 Growth drivers
- 3.6.1.1 Increasing wine consumption and wine enthusiasm worldwide
- 3.6.1.2 Technological advancements and design innovation
- 3.6.2 Industry pitfalls & challenges
- 3.6.2.1 High cost associated with the electric wine opener
- 3.6.2.2 Product quality and durability concerns
- 3.6.1 Growth drivers
- 3.7 Growth potential analysis
- 3.8 Key market indicator
- 3.8.1 Global wine industry overview
- 3.9 Consumer behavior analysis
- 3.10 Trade analysis (HS Code- 820551)
- 3.10.1 Top 10 export countries
- 3.10.2 Top 10 import countries
- 3.11 Technological overview
- 3.12 Porter's analysis
- 3.13 PESTEL analysis
Chapter 4 Competitive Landscape, 2024
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Product Type, 2021-2034 (USD Million) (Thousand Units)
- 5.1 Key trends
- 5.2 Cordless electric wine openers
- 5.3 Corded electric wine openers
Chapter 6 Market Estimates & Forecast, By Body Frame Material, 2021-2034 (USD Million) (Thousand Units)
- 6.1 Key trends
- 6.2 Metallic
- 6.3 Non-Metallic
Chapter 7 Market Estimates & Forecast, By Price 2021-2034 (USD Million) (Thousand Units)
- 7.1 Key trends
- 7.2 Low
- 7.3 Medium
- 7.4 High
Chapter 8 Market Estimates & Forecast, By End Use 2021-2034 (USD Million) (Thousand Units)
- 8.1 Key trends
- 8.2 Household
- 8.3 Commercial
- 8.3.1 Restaurants
- 8.3.2 Bars
- 8.3.3 Hotels
- 8.3.4 Others (Catering Services, etc.)
Chapter 9 Market Estimates & Forecast, By Distribution Channel, 2021-2034 (USD Million) (Thousand Units)
- 9.1 Key trends
- 9.2 Online
- 9.2.1 E-commerce platforms
- 9.2.2 Company websites
- 9.3 Offline
- 9.3.1 Supermarket and hypermarket
- 9.3.2 Specialty stores
- 9.3.3 Others (Department Stores, etc.)
Chapter 10 Market Estimates & Forecast, By Region, 2021-2034 (USD Million) (Thousand Units)
- 10.1 Key trends
- 10.2 North America
- 10.2.1 United States
- 10.2.2 Canada
- 10.3 Europe
- 10.3.1 United Kingdom
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Russia
- 10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 Australia
- 10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.6 Middle East & Africa
- 10.6.1 South Africa
- 10.6.2 Saudi Arabia
- 10.6.3 United Arab Emirates
Chapter 11 Company Profiles
- 11.1 Berghoff
- 11.2 Cuisinart
- 11.3 Hamilton Beach
- 11.4 Kalorik
- 11.5 Mueller Living
- 11.6 Oster
- 11.7 Ozeri
- 11.8 Rabbit Wine
- 11.9 Secura
- 11.10 Tescoma
- 11.11 Vacu Vin
- 11.12 Vinomax
- 11.13 Waring Commercial
- 11.14 Wine Enthusiast
- 11.15 Zyliss
