Market Overview:
The global portable (countertop) ice makers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for portable ice makers from both, household and commercial applications. Additionally, the growing trend of using portable ice makers for outdoor activities is also contributing to the growth of this market. Some of the major players operating in this market are Haier Group Corporation (China), Whirlpool Corporation (U.S.), Electrolux AB (Sweden), LG Electronics Incorporation (South Korea), and Samsung Electronics Co., Ltd.(South Korea).
Product Definition:
Portable (countertop) ice makers are small, countertop appliances that make ice. They are typically used in homes or small businesses where there is not enough space for a full-sized refrigerator or freezer. Portable (countertop) ice makers are important because they provide a convenient way to produce ice without having to use an existing freezer or refrigerator.
Ice Only:
The global ice only, it's usage and growth factor in the portable (countertop) ice makers market is driven by factors such as rising demand for premium beverage services including coffee and tea, increasing health awareness among consumers leading to increased consumption of healthy beverages like fruit juices and milk along with other cold drinks. The growing trend of on-the-go products has led to an increase in the demand for portable countertop machines that can make a variety of frozen drinks at home or while traveling.
Ice and Water Dispenser:
An ice and water dispenser is a device used to make ice and water by using freezing cold fluid. It is mostly used in commercial places like restaurants, hotels, etc. The portable (countertop) ice makers are different from the ones that are built-in to the refrigerators as these latter require electricity for operation whereas this type of portable unit works on cold fluid directly available from the freezer.
The demand for anice.
Application Insights:
The commercial application segment dominated the global portable (countertop) ice makers market, accounting for more than 60.0% share of the total revenue in 2017. The growth can be attributed to an increase in demand for packaged food and beverages at restaurants, hotels and other foodservice industries across the globe. Portable countertop ice machines are widely used by commercial sectors such as cafes, bars and night clubs to provide a premium frozen drink experience to their customers while reducing wastage caused due to over-chilling or under-chilling of drinks.
Household application is expected register a significant CAGR during the forecast period owing to increasing consumer spending on convenience products including small kitchen appliances that help them make quick, easy and delicious foods & beverages at home without having any knowledge about cooking or preparing meals properly.
Regional Analysis:
North America dominated the global market in 2017. The U.S., in particular, is a major consumer owing to the high demand for ice-based drinks and food products such as fish and seafood during summer season. Europe is expected to be the second-largest regional market due to increasing demand for advanced kitchen appliances that help save time while preparing food items at home or at work place.
The Middle East & Africa region offers huge growth opportunities due its large youth population who prefer frozen beverages on hot days; hence driving up product sales volume annually in countries including Saudi Arabia and UAE.
Growth Factors:
- Increasing demand for convenience and portability in food service industry
- Growing popularity of cocktails and frozen drinks
- Rising number of home bars and entertainment areas
- Proliferation of small kitchen appliances that save counter space
- Innovations in ice maker design and functionality
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable (Countertop) Ice Makers Market Research Report
By Type
Ice Only, Ice and Water Dispenser
By Application
Household, Commercial
By Companies
Hoshizaki, Newair, Ice-O-Matic, SCOTSMAN, Manitowoc, Cornelius, MaxxIce, SPT, Whynter
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Portable (Countertop) Ice Makers Market Report Segments:
The global Portable (Countertop) Ice Makers market is segmented on the basis of:
Types
Ice Only, Ice and Water Dispenser
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
Household, Commercial
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:
- Hoshizaki
- Newair
- Ice-O-Matic
- SCOTSMAN
- Manitowoc
- Cornelius
- MaxxIce
- SPT
- Whynter
Highlights of The Portable (Countertop) Ice Makers 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:
- Ice Only
- Ice and Water Dispenser
- By Application:
- Household
- Commercial
- 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 Portable (Countertop) Ice Makers 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:
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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?
A portable (countertop) ice maker is a small, lightweight machine that produces ice cubes from water. They are typically easy to use and can be placed almost anywhere in your home or office. Portable ice makers come in a variety of shapes and sizes, so they are perfect for any space.
Some of the major players in the portable (countertop) ice makers market are Hoshizaki, Newair, Ice-O-Matic, SCOTSMAN, Manitowoc, Cornelius, MaxxIce, SPT, Whynter.
The portable (countertop) ice makers 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 Portable (Countertop) Ice Makers 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 Portable (Countertop) Ice Makers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Portable (Countertop) Ice Makers 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 Portable (Countertop) Ice Makers 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 Portable (Countertop) Ice Makers Market Size & Forecast, 2018-2028 4.5.1 Portable (Countertop) Ice Makers Market Size and Y-o-Y Growth 4.5.2 Portable (Countertop) Ice Makers Market Absolute $ Opportunity
Chapter 5 Global Portable (Countertop) Ice Makers 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 Portable (Countertop) Ice Makers Market Size Forecast by Type
5.2.1 Ice Only
5.2.2 Ice and Water Dispenser
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Portable (Countertop) Ice Makers 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 Portable (Countertop) Ice Makers Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Portable (Countertop) Ice Makers 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 Portable (Countertop) Ice Makers 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 Portable (Countertop) Ice Makers Analysis and Forecast
9.1 Introduction
9.2 North America Portable (Countertop) Ice Makers 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 Portable (Countertop) Ice Makers Market Size Forecast by Type
9.6.1 Ice Only
9.6.2 Ice and Water Dispenser
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 Portable (Countertop) Ice Makers Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
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 Portable (Countertop) Ice Makers Analysis and Forecast
10.1 Introduction
10.2 Europe Portable (Countertop) Ice Makers 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 Portable (Countertop) Ice Makers Market Size Forecast by Type
10.6.1 Ice Only
10.6.2 Ice and Water Dispenser
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 Portable (Countertop) Ice Makers Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
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 Portable (Countertop) Ice Makers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Portable (Countertop) Ice Makers 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 Portable (Countertop) Ice Makers Market Size Forecast by Type
11.6.1 Ice Only
11.6.2 Ice and Water Dispenser
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 Portable (Countertop) Ice Makers Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
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 Portable (Countertop) Ice Makers Analysis and Forecast
12.1 Introduction
12.2 Latin America Portable (Countertop) Ice Makers 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 Portable (Countertop) Ice Makers Market Size Forecast by Type
12.6.1 Ice Only
12.6.2 Ice and Water Dispenser
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 Portable (Countertop) Ice Makers Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
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) Portable (Countertop) Ice Makers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Portable (Countertop) Ice Makers 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) Portable (Countertop) Ice Makers Market Size Forecast by Type
13.6.1 Ice Only
13.6.2 Ice and Water Dispenser
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) Portable (Countertop) Ice Makers Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
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 Portable (Countertop) Ice Makers Market: Competitive Dashboard
14.2 Global Portable (Countertop) Ice Makers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hoshizaki
14.3.2 Newair
14.3.3 Ice-O-Matic
14.3.4 SCOTSMAN
14.3.5 Manitowoc
14.3.6 Cornelius
14.3.7 MaxxIce
14.3.8 SPT
14.3.9 Whynter