Market Overview:
The global commercial ice maker machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for ice cubes, flakes, and nuggets for various applications such as foodservices, retail, and healthcare. In addition, the growing trend of using frozen desserts and cocktails is also contributing to the growth of this market. North America is expected to hold the largest share of this market in 2018 while Asia Pacific is projected to grow at the highest CAGR during the forecast period.
Product Definition:
A commercial ice maker machine is a piece of equipment that is used to produce large quantities of ice. The importance of a commercial ice maker machine is that it can provide businesses with a steady supply of ice so that they can keep their products cold and sell them to customers.
Cube Ice Maker Machine:
A cube ice maker is a device that helps in producing large quantities of ice at a time. It is widely used in bars, restaurants and hotels for providing the customers with an experience of luxury and convenience. The machine consists of stainless steel or other high-grade metal material body, which acts as an excellent heat conductor. The shape of the device ensures that there are no sharp edges to cut into the skin when placed on the countertop or shelf while making ice.
Flake Ice Maker Machine:
The flake ice maker machine is used in commercial ice making machines. It produces large quantity of flakes at a time and has the ability to produce different sizes of flakes according to the requirement. The working principle of this device is very simple, it takes water from a cold fluid dispenser and drops small pieces of ice into the water which are then frozen into large blocks, these blocks are dropped into an hopper where they get cut up as per required size by blades.
Application Insights:
The foodservice application segment accounted for the largest revenue share of over 70% in 2017. The growth can be attributed to the increasing number of hotels, restaurants and pubs across the globe. Moreover, rising demand for flavored ice such as chocolate, coffee and mint will drive the product demand in this segment over the forecast period.
Retail is expected to be one of fastest growing segments owing to increased consumer spending power coupled with high retail footfall due to urbanization along with other developing economies such as China and India where consumption of convenience goods is still growing at a rapid pace. Furthermore, manufacturers are introducing advanced features including Wi-Fi enabled products which allows consumers access from their smartphones or laptops thereby fueling upmarket growth further.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for ice-based products from countries such as China, Japan, South Korea, and India. These countries have a large number of retail stores that serve customers throughout the day. This necessitates an efficient ice-based cooling system in these stores so that they do not burn their electricity bills by overproducing heat or lose money due to spoilage of food items stored improperly.
The Asia Pacific market is also driven by increasing investments from foreign players who are keen on tapping into untapped markets across this region with high potential for growth through various marketing strategies such as tie-ups with local distributors and manufacturers, strategic partnerships among others.
Growth Factors:
- Increasing demand for packaged and processed food products
- Growing number of restaurants, cafes, and bars
- Rising disposable income of consumers
- Proliferation of e-commerce platforms
- Technological advancements in commercial ice maker machines
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Ice Maker Machine Market Research Report
By Type
Cube Ice Maker Machine, Flake Ice Maker Machine, Nugget Ice Maker Machine
By Application
Foodservices, Retail, Healthcare
By Companies
Ali Group, Follett, Hoshizaki, The Manitowoc Company, Other prominent vendors, Bionics Scientific Technologies, Brema Ice Makers, BUUS Refrigeration, Electrolux, Focusun Refrigeration, Ali Group, Howe Corporation, MAJA, Telstar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Ice Maker Machine Market Report Segments:
The global Commercial Ice Maker Machine market is segmented on the basis of:
Types
Cube Ice Maker Machine, Flake Ice Maker Machine, Nugget Ice Maker Machine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Foodservices, Retail, Healthcare
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ali Group
- Follett
- Hoshizaki
- The Manitowoc Company
- Other prominent vendors
- Bionics Scientific Technologies
- Brema Ice Makers
- BUUS Refrigeration
- Electrolux
- Focusun Refrigeration
- Ali Group
- Howe Corporation
- MAJA
- Telstar
Highlights of The Commercial Ice Maker Machine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cube Ice Maker Machine
- Flake Ice Maker Machine
- Nugget Ice Maker Machine
- By Application:
- Foodservices
- Retail
- Healthcare
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Ice Maker Machine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial ice maker machines are used in businesses and restaurants to produce large quantities of ice quickly. They typically have a lot of features, such as an automatic feeder system that can handle multiple sizes of blocks, a high-speed motor, and an easy-to-use control panel.
Some of the major players in the commercial ice maker machine market are Ali Group, Follett, Hoshizaki, The Manitowoc Company, Other prominent vendors, Bionics Scientific Technologies, Brema Ice Makers, BUUS Refrigeration, Electrolux, Focusun Refrigeration, Ali Group, Howe Corporation, MAJA, Telstar.
The commercial ice maker machine market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Ice Maker Machine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Ice Maker Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Ice Maker Machine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Ice Maker Machine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Ice Maker Machine Market Size & Forecast, 2020-2028
4.5.1 Commercial Ice Maker Machine Market Size and Y-o-Y Growth
4.5.2 Commercial Ice Maker Machine Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Cube Ice Maker Machine
5.2.2 Flake Ice Maker Machine
5.2.3 Nugget Ice Maker Machine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Foodservices
6.2.2 Retail
6.2.3 Healthcare
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Ice Maker Machine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Ice Maker Machine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Cube Ice Maker Machine
9.6.2 Flake Ice Maker Machine
9.6.3 Nugget Ice Maker Machine
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Foodservices
9.10.2 Retail
9.10.3 Healthcare
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Cube Ice Maker Machine
10.6.2 Flake Ice Maker Machine
10.6.3 Nugget Ice Maker Machine
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Foodservices
10.10.2 Retail
10.10.3 Healthcare
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Cube Ice Maker Machine
11.6.2 Flake Ice Maker Machine
11.6.3 Nugget Ice Maker Machine
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Foodservices
11.10.2 Retail
11.10.3 Healthcare
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Cube Ice Maker Machine
12.6.2 Flake Ice Maker Machine
12.6.3 Nugget Ice Maker Machine
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Foodservices
12.10.2 Retail
12.10.3 Healthcare
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Cube Ice Maker Machine
13.6.2 Flake Ice Maker Machine
13.6.3 Nugget Ice Maker Machine
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Foodservices
13.10.2 Retail
13.10.3 Healthcare
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Ice Maker Machine Market: Competitive Dashboard
14.2 Global Commercial Ice Maker Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ali Group
14.3.2 Follett
14.3.3 Hoshizaki
14.3.4 The Manitowoc Company
14.3.5 Other prominent vendors
14.3.6 Bionics Scientific Technologies
14.3.7 Brema Ice Makers
14.3.8 BUUS Refrigeration
14.3.9 Electrolux
14.3.10 Focusun Refrigeration
14.3.11 Ali Group
14.3.12 Howe Corporation
14.3.13 MAJA
14.3.14 Telstar
