PUBLISHER: Market Research Future | PRODUCT CODE: 1607747
PUBLISHER: Market Research Future | PRODUCT CODE: 1607747
EMEA Commercial Ice Machine Market Research Report Data Analysis By Type (Modular, Undercounter, Countertop, Combination, and Others), by Category (Air Cooled and Water Cooled), by Ice Type (Cube Ice, Nugget Ice, Gourmet Ice, Crescent Ice, Flake Ice, and Other), by End User (Hotel, Restaurants, Quick Service Restaurants, Cafes, and Others), by Pricing (Economy/Mass and Premium), by Distribution Channel (Store Based and Non-Store Based), and by Region (Europe, and Middle East & Africa)- Forecast Till 2032
In 2023, the EMEA Commercial Ice Machine Market Size was estimated to be USD 734.49 million. By 2032, the Commercial Ice Machine industry is anticipated to expand from USD 2024 to USD 1,128.28 million, with a compound annual growth rate (CAGR) of 4.91% within the forecast period (2024-2032). In recent years, the EMEA Commercial Ice Machine market has undergone a significant transformation, which has been influenced by the burgeoning hospitality and tourism industry, urbanization and lifestyle changes, and the growing food and beverage sector.
The EMEA commercial ice machine market is undergoing substantial changes as a result of a variety of key trends. Businesses are striving to mitigate operational expenses and satisfy environmental regulations by emphasizing energy efficiency. Ice machines that are energy-efficient and incorporate advanced cooling technologies are in high demand, as they not only reduce electricity expenses but also align with sustainability objectives. Another significant trend is the increasing demand for nugget ice machines, particularly in industries such as healthcare and hospitality.
Market segment insights
The EMEA Commercial Ice Machine market has been segmented into modular, undercounter, countertop, combination, and other categories based on type.
The market has been divided into two categories: air-cooled and water-cooled.
The market has been segmented into Cube Ice, Nugget Ice, Gourmet Ice, Crescent Ice, Flake Ice, and Other, as determined by the type of ice.
The EMEA Commercial Ice Machine market has been segmented into hotels, restaurants, quick service restaurants, cafes, and other establishments based on the end user.
The market has been divided into economy/mass and premium based on pricing.
The market has been divided into two categories: Store-Based and Non-Store-Based, as determined by the distribution channel.
Regional Perspectives
The market is segmented by country into Europe and the Middle East & Africa. In 2023, the European Commercial Ice Machine market is anticipated to have the highest market share at 86.24% and a compound annual growth rate (CAGR) of 5.09%. The European market is influenced by a variety of factors that are indicative of the economic, cultural, and technological trends of the region. Commercial ice machines are in high demand due to the realization by numerous industries of the significance of producing ice in a timely and dependable manner. This increase is particularly significant for industries such as retail, food service, hospitality, and healthcare, where the availability of high-quality ice is critical to daily operations. The expansion of the hospitality and tourism sectors in Europe is the primary factor driving the commercial ice machine market. The region's hotels, resorts, restaurants, and cafes necessitate consistent ice supplies to satisfy the visitors' needs, as Europe is a top global tourist destination. In Southern Europe and major cities, the increase in tourism has resulted in a greater number of food and beverage outlets. These establishments all depend on commercial ice machines to serve chilled drinks and concoctions and to uphold food safety standards.
Hoshizaki Corporation (Japan), Ali Group Worldwide (Italy), The Middleby Corporation (US), Whirlpool Corporation (US), Electrolux Professional Group (Sweden), ZIEGRA Eismaschinen GmbH (Germany), ONNERA Group (Spain), KTI - Plersch Kaltetechnik GmbH (Germany), WESSAMAT Eismaschinenfabrik GmbH (Germany), Maxx Ice (Florida), and Polar Refrigeration (UK) are among the key companies in the Commercial Ice Machine market.