PUBLISHER: Market Research Future | PRODUCT CODE: 1660620
PUBLISHER: Market Research Future | PRODUCT CODE: 1660620
Report on EMEA Commercial Ice Machine Market Research Information 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 because 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. Nugget ice, which is distinguished by its malleable texture, has acquired popularity in beverages, particularly in quick-service restaurants and fast-casual dining outlets. Nugget ice is the preferred choice for patient care in healthcare due to its easy-to-chew form, which provides a safer and more comfortable alternative for patients. Manufacturers are responding to this increase in demand by broadening their product offerings to encompass nugget ice machines that are adaptable to both small and large operations. The commercial ice machine market is expanding within the healthcare sector. Hospitals, clinics, and long-term care facilities are increasingly investing in high-quality ice machines to ensure that they meet patient requirements and comply with rigorous hygiene regulations.
Market segment insights
The EMEA Commercial Ice Machine market has been segmented into modular, undercounter, countertop, combination, and other categories based on type.
According to the category, the EMEA Commercial Ice Machine market has been divided into two segments: air-cooled and water-cooled.
The EMEA Commercial Ice Machine 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 EMEA Commercial Ice Machine market has been segmented into economy/mass and premium based on pricing.
The EMEA Commercial Ice Machine market has been segmented into Store Based and Non-Store Based segments based on 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. For instance, at the HOST 2021 fair in Milan in October 2021, ITV ICE MAKERS S.L. showcased the most recent advancements in ice machine technology. The company's concentration was on hospitality equipment. ITV was able to enhance its brand recognition among industry players, exhibit advancements in the ice machine business, and interact with customers.
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.