Market Overview:
The global ice maker kits 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 maker kits from various applications such as ice makers, refrigerators, freezers, and other applications. In terms of type, copper kit segment is expected to hold a major share in the global market due to its properties such as corrosion resistance and high thermal conductivity. However, polyethylene kit segment is projected to grow at a higher CAGR during the forecast period owing to its properties such as low thermal conductivity and chemical resistance. Geographically, North America dominates the global market followed by Europe and Asia Pacific region.
Product Definition:
An ice maker kit is a device that allows an individual to make ice at home. The kit typically includes a small freezer that can be placed in the refrigerator, as well as an outlet for the water line.
Copper Kit:
Copper kit is used in ice making machine to produce the final product. It has different parts such as tubing, valve, fittings and control panel. The copper tubing is used for cooling water circulation around the ice maker components and it’s function is same as that of blood vessels supplying the blood to organs. The copper tube also provides an aesthetic appeal to kitchen appliances which attracts customers towards purchasing this product along with its counterparts in kitchen appliance industry.
Polyethylene Kit:
Polyethylene (PE) is a widely used plastic in the food and beverage industry. It is also known as HDPE, LDPE, or BOPP. Polyethylene terephthalate is one of the forms of polyethylene and it can be used to make films & sheets, fibers & yarns, resins & composites or even rigid products like toys and bottles.
Application Insights:
The ice maker segment dominated the global market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to rising demand for convenient, rapid production of quality ice for various applications including food and beverage processing, pharmaceuticals and healthcare, industrial use, and others.
The refrigeration application is expected to witness significant growth over the forecast period due to increasing demand from end-use industries including dairy products, fish processing plants along with medical applications such as blood storage & transportation which are majorly dependent on cold temperature management solutions. Copper kits were majorly used in refrigerators while polyethylene kits are widely used in freezers across all regions coupled with growing awareness regarding energy efficiency among consumers globally.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a CAGR of XX% over the forecast period, owing to increasing demand for technologically advanced products with enhanced features and functionality. Copper ice makers accounted for more than 80% of the total sales in North America due to their high durability, low maintenance cost, and ability to produce clear ice cubes unlike other metal materials used as an ice maker component such as steel or aluminum that affect the taste of drinks made using them.
Asia Pacific is anticipated to be one of the fastest growing regional markets from 2018 to 2030 owing bothto increasing demand for freezers and refrigerators on account of rising population along with rising disposable income especially among middle-class income groups which enable consumers buy these products insteadof buying expensive premium quality food items thereby boosting industry growth at a significant pace overthe forecast period.
Growth Factors:
- Increasing demand for convenience foods: The growth of the ice maker kits market can be attributed to the increasing demand for convenience foods. This is because these devices offer a quick and easy way to make ice without having to go out and buy it from a store.
- Rising disposable income: Another key driver of the ice maker kits market is rising disposable incomes, which has led to an increase in spending on luxury items such as home appliances.
- Growing popularity of frozen drinks: With the growing popularity of frozen drinks, there is an increased demand for ice makers that can quickly produce large quantities of ice cubes. This has helped fuel the growth of the global ice maker kits market.
- Technological advancements: The development of new and innovative technologies has helped boost sales in the global Ice Maker Kits market by making these devices more efficient and user-friendly than ever before.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ice Maker Kits Market Research Report
By Type
Copper Kit, Polyethylene Kit, Other
By Application
Ice Maker, Refrigerator, Freezer, Other
By Companies
Whirlpool, Supco, Frigidaire, GE, Watts, LG Electronics, FRIGOMAR SRL, Whirlpool
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
206
Number of Tables & Figures
145
Customization Available
Yes, the report can be customized as per your need.
Global Ice Maker Kits Market Report Segments:
The global Ice Maker Kits market is segmented on the basis of:
Types
Copper Kit, Polyethylene Kit, Other
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
Ice Maker, Refrigerator, Freezer, Other
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:
- Whirlpool
- Supco
- Frigidaire
- GE
- Watts
- LG Electronics
- FRIGOMAR SRL
- Whirlpool
Highlights of The Ice Maker Kits 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:
- Copper Kit
- Polyethylene Kit
- Other
- By Application:
- Ice Maker
- Refrigerator
- Freezer
- Other
- 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 Ice Maker Kits 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?
An ice maker kit is a small appliance that helps you make ice. It comes with all the necessary parts to make ice, such as a water reservoir, an impeller, and a freezer compartment. You simply fill the reservoir with water and plug in the machine. The impeller will start spinning and within minutes you'll have fresh cold ice cubes ready to enjoy!
Some of the major players in the ice maker kits market are Whirlpool, Supco, Frigidaire, GE, Watts, LG Electronics, FRIGOMAR SRL, Whirlpool.
The ice maker kits 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 Ice Maker Kits 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 Ice Maker Kits Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ice Maker Kits 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 Ice Maker Kits 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 Ice Maker Kits Market Size & Forecast, 2018-2028
4.5.1 Ice Maker Kits Market Size and Y-o-Y Growth
4.5.2 Ice Maker Kits Market Absolute $ Opportunity
Chapter 5 Global Ice Maker Kits 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 Ice Maker Kits Market Size Forecast by Type
5.2.1 Copper Kit
5.2.2 Polyethylene Kit
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ice Maker Kits 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 Ice Maker Kits Market Size Forecast by Applications
6.2.1 Ice Maker
6.2.2 Refrigerator
6.2.3 Freezer
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ice Maker Kits 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 Ice Maker Kits 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 Ice Maker Kits Analysis and Forecast
9.1 Introduction
9.2 North America Ice Maker Kits 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 Ice Maker Kits Market Size Forecast by Type
9.6.1 Copper Kit
9.6.2 Polyethylene Kit
9.6.3 Other
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 Ice Maker Kits Market Size Forecast by Applications
9.10.1 Ice Maker
9.10.2 Refrigerator
9.10.3 Freezer
9.10.4 Other
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 Ice Maker Kits Analysis and Forecast
10.1 Introduction
10.2 Europe Ice Maker Kits 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 Ice Maker Kits Market Size Forecast by Type
10.6.1 Copper Kit
10.6.2 Polyethylene Kit
10.6.3 Other
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 Ice Maker Kits Market Size Forecast by Applications
10.10.1 Ice Maker
10.10.2 Refrigerator
10.10.3 Freezer
10.10.4 Other
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 Ice Maker Kits Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ice Maker Kits 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 Ice Maker Kits Market Size Forecast by Type
11.6.1 Copper Kit
11.6.2 Polyethylene Kit
11.6.3 Other
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 Ice Maker Kits Market Size Forecast by Applications
11.10.1 Ice Maker
11.10.2 Refrigerator
11.10.3 Freezer
11.10.4 Other
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 Ice Maker Kits Analysis and Forecast
12.1 Introduction
12.2 Latin America Ice Maker Kits 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 Ice Maker Kits Market Size Forecast by Type
12.6.1 Copper Kit
12.6.2 Polyethylene Kit
12.6.3 Other
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 Ice Maker Kits Market Size Forecast by Applications
12.10.1 Ice Maker
12.10.2 Refrigerator
12.10.3 Freezer
12.10.4 Other
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) Ice Maker Kits Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ice Maker Kits 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) Ice Maker Kits Market Size Forecast by Type
13.6.1 Copper Kit
13.6.2 Polyethylene Kit
13.6.3 Other
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) Ice Maker Kits Market Size Forecast by Applications
13.10.1 Ice Maker
13.10.2 Refrigerator
13.10.3 Freezer
13.10.4 Other
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 Ice Maker Kits Market: Competitive Dashboard
14.2 Global Ice Maker Kits Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Whirlpool
14.3.2 Supco
14.3.3 Frigidaire
14.3.4 GE
14.3.5 Watts
14.3.6 LG Electronics
14.3.7 FRIGOMAR SRL
14.3.8 Whirlpool
