Ice Makers Market Segments Overview 2023, Top Manufacturers Analysis, Regions, Industry Trends, Size, Growth Opportunity and Forecast 2030

Research Reports

Jan 23, 2023

According to MRFR analysis, Global Ice Makers Market: The Ice Makers market is driven by a rapidly growing food service industry with a healthy CAGR of ~ 4.07% and reach a value of USD 3,165.1 million by 2030.

Ice Makers Market Research Insights

An ice maker, also known as an ice generator or ice machine, is an appliance used to create ice artificially. There are four main types of ice makers on the market: modular ice makers, under-counter ice makers, countertop ice makers, and ice dispensers. Ice makers are widely used in the food service industry, food processing industry, healthcare industry, and retail outlets among others.

The outbreak of COVID-19 has caused a significant decrease in economic activity all around the world, as people are practicing social distancing and many businesses have had to shut down temporarily. The ice makers market has been no exception to this, as governments introduce measures to try and slow down the spread of the virus. However, despite the current difficulties, many manufacturers are hopeful that the market will eventually recover.

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Market Growth Driving Factors

  • Product Innovation
  • Growth Of the Foodservice Industry

Ice Makers Market Regional Analysis

North America is an appealing market for manufacturers of ice makers. The existence of a well-developed food service sector with plenty of bars and eateries is fueling the regional market’s growth. The rising consumption of alcoholic and non-alcoholic drinks, the broadening product portfolios of manufacturers, and the presence of a vast consumer base are all driving the regional market’s expansion.

Key Players

Some of the key market players are,

  • Newair (US)
  • Koller refrigeration & Equipment (Hong Kong)
  • Cornelius Inc. (US)
  • North Star Equipment (US)
  • Welbilt Inc. (US)
  • Direct Catering Products (England)
  • Fagor Industrial (Spain)
  • Hoshizaki Corporation (Japan)
  • ITV Ice Maker (US)
  • Marel (Iceland), and others.

Ice Makers Market Segmentation

The Global Ice Makers market has been segmented into type, end-use, and distribution channels.

Based on the type, the market has been segmented into Modular Ice Makers, Undercounter Ice makers Countertop Ice makers, and Ice dispensers.

Based on the end-use, the market has been segmented into Residential and Commercial.

Based on the distribution channel, the market has been segmented into Store Based and Non-Stored Based

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TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 13

1.1 MARKET ATTRACTIVENESS ANALYSIS 14

1.1.1 GLOBAL ICE MAKER MARKET, BY TYPE 15

1.1.2 GLOBAL ICE MAKER MARKET, BY END USE 16

1.1.3 GLOBAL ICE MAKER MARKET, DISTRIBUTION CHANNEL 17

1.1.4 GLOBAL ICE MAKER MARKET, BY REGION 18

2 MARKET INTRODUCTION 19

2.1 DEFINITION 19

2.2 SCOPE OF THE STUDY 19

2.3 RESEARCH OBJECTIVE 19

2.4 MARKET STRUCTURE 20

2.5 KEY BUYING CRITERIA 20

3 RESEARCH METHODOLOGY 21

3.1 RESEARCH PROCESS 21

3.2 PRIMARY RESEARCH 22

3.3 SECONDARY RESEARCH 23

3.4 MARKET SIZE ESTIMATION 23

3.5 FORECAST MODEL 25

3.6 LIST OF ASSUMPTIONS & LIMITATIONS 26

Continue…

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