Product Code: SR112023A5282
The global commercial kitchen appliances market size reached US$ 93.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 137.0 Billion by 2028, exhibiting a growth rate (CAGR) of 6.4% during 2023-2028.
Commercial kitchen appliances include refrigerators, freezers, icemakers, ranges, ovens, grills, microwaves, broilers, slicers, food processors, blenders, mixers and grinders, burners, toasters, griddles, deep fryers, dishwashers, and display food warmers. These appliances are utilized in commercial kitchens of resorts, hotels, hospitals, railway dining, institutional canteens, and full-service restaurants (FSRs) to help increase work efficiency, ease food preservation, and reduce wastage. They also assist in space management and improving the cooking speed as well as the overall customer experience.
Commercial Kitchen Appliances Market Trends:
The thriving hospitality sector represents one of the key factors stimulating the growth of the market. Additionally, there is a rapid expansion of quick-service restaurants (QSRs), also known as fast-food restaurants, around the world. These restaurants rely on commercial kitchen appliances, such as speed ovens combining convection, microwave, and grill components, which are available with preset roasting and baking programs that aid in producing food in less time. Apart from this, QSR chains are adapting to local tastes and incorporating multi-cuisine food preparations in their food menu on account of the increasing number of customers experimenting with new food and developing a taste for different cuisines. This, coupled with the escalating demand for drive-through services due to hectic schedules and busy lifestyles of individuals, is positively influencing the market. Moreover, key players are introducing advanced variants to strengthen their market reach. Furthermore, the rising focus on the utilization of eco-friendly and energy-efficient commercial kitchen appliances is facilitating market growth. Other factors, including increasing concerns about food safety and significant growth in the travel and tourism industry, are projected to augment the overall sales and profitability in the coming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global commercial kitchen appliances market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, distribution channel and application.
Breakup by Type:
Refrigerators
Cooking Appliances
Cooktop and Cooking Ranges
Ovens
Dishwashers
Others
Breakup by Distribution Channel:
Offline
Online
Breakup by Application:
Quick Service Restaurant (QSR)
Railway Dining
Institutional Canteen
Resort and Hotel
Hospital
Full Service Restaurant (FSR)
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alto-Shaam Inc., American Range Corporation, Carrier Global Corporation, Duke Manufacturing Company, Electrolux AB, G.S. Blodgett Corporation (The Middleby Corporation), Hamilton Beach Brands Inc., Hoshizaki Corporation, Interlevin Refrigeration Ltd., MEIKO Maschinenbau GmbH & Co. KG, The Vollrath Company LLC and True Manufacturing Co. Inc.
Key Questions Answered in This Report:
- How has the global commercial kitchen appliances market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global commercial kitchen appliances market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the distribution channel?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global commercial kitchen appliances market and who are the key players?
- What is the degree of competition in the industry?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Commercial Kitchen Appliances Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Refrigerators
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Cooking Appliances
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Cooktop and Cooking Ranges
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Ovens
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Dishwashers
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Distribution Channel
- 7.1 Offline
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Online
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application
- 8.1 Quick Service Restaurant (QSR)
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Railway Dining
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Institutional Canteen
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Resort and Hotel
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Hospital
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Full Service Restaurant (FSR)
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
- 8.7 Others
- 8.7.1 Market Trends
- 8.7.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Alto-Shaam Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 American Range Corporation
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Carrier Global Corporation
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 Duke Manufacturing Company
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Electrolux AB
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 G.S. Blodgett Corporation (The Middleby Corporation)
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Hamilton Beach Brands Inc.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Hoshizaki Corporation
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.9 Interlevin Refrigeration Ltd.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 MEIKO Maschinenbau GmbH & Co. KG
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 The Vollrath Company LLC
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 True Manufacturing Co. Inc.
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio