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Commercial Kitchen Appliances Market

Global Commercial Kitchen Appliances Market Size, Share, Research: By Product Type: Refrigerator, Cooktop and Cooking Range, Oven, Dishwasher, Others; By End Use: Quick Service Restaurants (QSRs), Full-Service Restaurants (FSRs), Others; Regional Analysis; Competitive Landscape; Industry Events and Developments; 2024-2032

Global Commercial Kitchen Appliances Market Outlook

The global commercial kitchen appliances market attained a value of nearly USD 86.06 billion in 2023. The market is further estimated to grow in the forecast period of 2024-2032 at a CAGR of 6.9% to reach a valuation of about USD 156.98 billion by 2032.

 

commercial-kitchen-appliances-market

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North America Holds a Significant Share in the Market Growth of Commercial Kitchen Appliances

North America is holding a significant share in the market on account of the surging number of hotels, restaurants, and food businesses in the region. The surging utilisation of several forms of kitchen appliances in business spaces, coupled with the early acceptance and deployment of technologically advanced equipment is also driving growth. Moreover, the macroeconomic situation of North America is developing, which is further supporting the market demand across the region.

 

The rising focus of the food-service business on automated technology-enabled equipment across North America is likely to boost the commercial kitchen appliances market growth. Commercial cooking equipment manufacturers are developing IoT (Internet of Things) imbued new equipment and integrating new features to stay competitive in the industry, which is further supporting market growth.

 

Market Segmentation

Commercial kitchen appliances are appliances that are utilised to create, store, and, to a certain degree, prepare food. These appliances can include everything from large refrigerators to sleek kitchen stoves. Currently, most of such appliances are electrical, however, some are still powered by gas.

 

commercial-kitchen-appliances-market-by-segmentation

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By product type, the market is divided into:

  • Refrigerator
  • Cooktop and Cooking Range
  • Induction
  • Gas
  • Electric
  • Oven
  • Convection
  • Microwave
  • Combination
  • Dishwasher
  • Others

 

Based on the end-use, the commercial kitchen appliances market is categorised into:

  • Quick Service Restaurants (QSRs)
  • Full-Service Restaurants (FSRs)
  • Resorts and Hotels
  • Institutional Canteens
  • Hospitals
  • Rail, Cruise, and Airways Catering
  • Others

 

The EMR report looks into the regional markets of commercial kitchen appliances for Latin America, North America, Europe, the Asia Pacific, and the Middle East and Africa.

 

commercial-kitchen-appliances-market-by-region

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Rapid Growth in Quick Service Restaurants Segment to Propel the Market Growth of Commercial Kitchen Appliances

Based on the end uses, the quick service restaurants segment is projected to witness robust market growth during the forecast period. This is on account of the surging trend of the foreign quick service restaurants chains trying to appeal to local food preferences, especially in the Asia Pacific. A huge number of international chains as well as local players are expanding their businesses into the Asia Pacific region and adapting menus for a local edge.

 

Indian restaurants are offering consolidated multi-cuisine food preparations, like Mexican, Italian, and Continental, in their food menu. A surging number of consumers experiencing new foods and building a taste for different cuisines is further driving the growth of quick service restaurants segment in the market. Moreover, the regional quick service restaurant brands are likely to expand. Casual dining brand outlets are entering more new geographies which are further expected to boost the demand for the commercial kitchen appliances market across the globe over the coming years.

 

Key Players in the Global Market for Commercial Kitchen Appliances

The report presents a detailed analysis of the following key players in the global market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

 

  • Middleby Corporation
  • Carrier Global Corporation
  • Electrolux Group
  • Garland Group
  • ITW Food Equipment Group
  • Bonnet International
  • Hoshizaki America, Inc.
  • True Manufacturing Co., Inc.
  • Others

 

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives in-depth insights into the market, providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • End Use
  • Region
Breakup by Product Type
  • Refrigerator
  • Cooktop and Cooking Range
    • Induction
    • Gas
    • Electric
  • Oven
    • Convection
    • Microwave
    • Combination
  • Dishwasher
  • Others
Breakup by End Use
  • Quick Service Restaurants (QSRs)
  • Full-Service Restaurants (FSRs)
  • Resorts and Hotels
  • Institutional Canteens
  • Hospitals
  • Rail, Cruise, and Airways Catering
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Middleby Corporation
  • Carrier Global Corporation
  • Electrolux Group
  • Garland Group
  • ITW Food Equipment Group
  • Bonnet International
  • Hoshizaki America, Inc.
  • True Manufacturing Co., Inc.
  • Others

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface 
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions   
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments  
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Region
7    Opportunities and Challenges in the Market
8    Global Commercial Kitchen Appliances Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Commercial Kitchen Appliances Historical Market (2018-2023) 
    8.3    Global Commercial Kitchen Appliances Market Forecast (2024-2032)
    8.4    Global Commercial Kitchen Appliances Market by Product Type
        8.4.1    Refrigerator
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Cooktop and Cooking Range
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
            8.4.2.3    Breakup by Cooktop and Cooking Range Type
                8.4.2.3.1    Induction
                8.4.2.3.2    Gas
                8.4.2.3.3    Electric
        8.4.3    Oven
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
            8.4.3.3    Breakup by Oven Type
                8.4.3.3.1    Convection
                8.4.3.3.2    Microwave
                8.4.3.3.3    Combination
        8.4.4    Dishwasher
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Others
    8.5    Global Commercial Kitchen Appliances Market by End Use
        8.5.1    Quick Service Restaurants (QSRs)
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Full-Service Restaurants (FSRs)
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Resorts and Hotels
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Institutional Canteens
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Hospitals
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Rail, Cruise, and Airways Catering
            8.5.6.1    Historical Trend (2018-2023)
            8.5.6.2    Forecast Trend (2024-2032)
        8.5.7    Others
    8.6    Global Commercial Kitchen Appliances Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Commercial Kitchen Appliances Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Commercial Kitchen Appliances Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Commercial Kitchen Appliances Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    15.2    Japan
        15.2.1    Historical Trend (2018-2023) 
        15.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America  Commercial Kitchen Appliances Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Commercial Kitchen Appliances Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Middleby Corporation
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Carrier Global Corporation
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Electrolux Group
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Garland Group
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    ITW Food Equipment Group
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Bonnet International
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Hoshizaki America, Inc.
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    True Manufacturing Co., Inc.
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Commercial Kitchen Appliances Market: Key Industry Highlights, 2018 and 2032
2.    Global Commercial Kitchen Appliances Historical Market: Breakup by Product Type (USD Million), 2018-2023
3.    Global Commercial Kitchen Appliances Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4.    Global Commercial Kitchen Appliances Historical Market: Breakup by End Use (USD Million), 2018-2023
5.    Global Commercial Kitchen Appliances Market Forecast: Breakup by End Use (USD Million), 2024-2032
6.    Global Commercial Kitchen Appliances Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Commercial Kitchen Appliances Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Commercial Kitchen Appliances Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Commercial Kitchen Appliances Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Commercial Kitchen Appliances Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Commercial Kitchen Appliances Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Commercial Kitchen Appliances Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Commercial Kitchen Appliances Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Commercial Kitchen Appliances Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Commercial Kitchen Appliances Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Commercial Kitchen Appliances Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Commercial Kitchen Appliances Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Global Commercial Kitchen Appliances Market Structure.

Key Questions Answered in the Report

In 2023, the global market attained a value of nearly USD 86.06 billion.

The market is assessed to grow at a CAGR of 6.9% between 2024 and 2032.

The market is projected to witness steady growth in the forecast period of 2024-2032 to reach almost USD 156.98 billion by 2032.

The major market drivers are technological advancement, surging hospitality industry and rapid expansion of quick-service restaurants.

The key market trends include changing consumer tastes and preferences and increasing food safety concerns.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. Currently, North America accounts for the largest market share.

The various product types in the market include refrigerator, cooktop and cooking range, oven, and dishwasher, among others.

The various end-uses of in the market include quick service restaurants (QSRS), full-service restaurants (FSRS), resorts and hotels, institutional canteens, hospitals, and rail, cruise, and airways catering, among others.

The major players in the market are Middleby Corporation, Carrier Global Corporation, Electrolux Group, Garland Group, ITW Food Equipment Group, Bonnet International, Hoshizaki America, Inc., and True Manufacturing Co., Inc., among others.

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