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Ice Maker Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Hoshizaki, Manitowoc, Scotsman

08 Jan, 2020 | 117 Pages
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The global ice maker Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 5.4% during the review period (2022 to 2027)



Ice Maker Market Overview



The ice maker market is expected to rise because of the increasing demand for ice in developing countries for its utilization in their daily food. Growing food services, beverage, and hotel industry give rise to the ice maker market. The ice maker market is growing with the increasing use of ice in swelling, pain and heat healing, and other treatment purposes in hospitals and clinics. The healthcare industry fuels the growth of the Icemaker market with the increasing use of ice in several critical medical applications.An ice maker is a device that makes ice from water. The ice machine can mean either a device found inside a home freezer or a stand-alone appliance for making ice, an industrial device for making ice on a large scale, or a consumer device for making ice. Generally, an ice machine refers to a stand-alone appliance. Prominent players in the global ice maker market are Manitowoc, Scotsman, Kalinda, Hoshizaki, and Ice-O-Matic who together hold a market share of around 50%. Currently, the production of ice makers is concentrated. The ice maker was mainly produced in Europe and United States, their products are famous for their quality and performance, so they are welcomed by the world. The ice maker produced in China is famous for its lower price than European products.



Industry News and Updates:



The NewAir Introduced a New Nugget Ice Maker: "Good Ice" Has Never Tasted Better!



JULY 8th, 2020-- NewAir Appliances is introducing a new product that brings the internet's most talked-about ice, nugget or "Sonic" ice, into the home. Nugget ice has traditionally been reserved for commercial establishments, such as the fast-food chain SonicTM, which sells it by the cup. Instead of going out of their way to find nugget ice or spending thousands of dollars on a commercial product, anyone can buy a NewAir Nugget Ice Maker and enjoy up to 40 lbs. of nugget ice right from their kitchen counter.



In 2021, ITV Ice Makers Inc. showcased its new ice maker at the NAFEM Show, a foodservice equipment and supplies exhibition. At the show, presented a new Delta, a new solid and crystalline gourmet cube, with a more modern truncated conical design. This helped the company to showcase its new and advanced products to the customers.



October 1, 2019-- Manitowoc, the leading brand for commercial ice makers, introduced a new 1 Ton (2,000 lbs.) nugget ice machine. Due to the growing customer demand for a machine with higher daily product capabilities, the company has designed the new nugget ice machine. The machine produces high-quality ice and has easy, lump-free serving options in it. This helped the company provide its customers with a high-volume ice machine.



What are the major Applications, Types, and Regions for the Ice Maker Market?



The market is segmented based on the type, applications, companies, and regions.



By Type, it is segmented into




  • Ice Only

  • Ice and Water Dispenser

  • Others



By Application, it is segmented into




  • Food Processing

  • Entertainment

  • Food Retail

  • Mining Industry

  • Other



Ice Maker Market Regional Analysis



North America accounted for the largest share of 30.96% in the previous year. The U.S. accounted for the largest share of 75.51% in the previous year in the North American market and is projected to register a significant CAGR from 2022 to 2027. The Asia Pacific is expected to witness the fastest growth over the forecast period. China accounted for the largest share of 26.1%in previous year, followed by India and Japan. The growing demand from restaurants and bars has contributed to the growth of the regional market.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





The Ice Maker Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type, and segment. It focuses extensively on revealing a detailed regional analysis. The Global Ice Maker Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.



What is our Ice Maker Market report scope?























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 5.4% during the review period (2022 to 2027).



By Type




  • Ice Only

  • Ice and Water Dispenser

  • Others



By Application




  • Food Processing

  • Entertainment

  • Food Retail

  • Mining Industry

  • Others



By Companies



Hoshizaki, Manitowoc, Scotsman, Külinda, Ice-O-Matic, Follett, Cornelius, GEA, Brema Ice Makers, Snowsman, North Star, Electrolux, GRANT ICE SYSTEMS, MAJA, Ice Man, KTI, Iberna, ICESTA, Snooker, KOLD-DRAFT



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



117



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Ice Maker Report




  • Evaluate Ice Maker market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.

  • Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.

  • Get a quick outlook on the Ice Maker market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.

  • Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.



Frequently Asked Questions



What is the study period of this market?





The Ice Maker Market is studied from 2017 - 2027.



What is the growth rate of the Ice Maker Market?





The Ice Maker Market is growing at a CAGR of 5.4% over the next 5 years.



Who are the key players in Ice Maker Market?



Hoshizaki, Manitowoc, Scotsman, Külinda, Ice-O-Matic, Follett, Cornelius, GEA, Brema Ice Makers, Snowsman, North Star, Electrolux, GRANT ICE SYSTEMS, MAJA, Ice Man, KTI, Iberna, ICESTA, Snooker, KOLD-DRAFT



What regions does this Ice Maker Market report cover?





North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant types of Ice Maker Market?



Ice Only, Ice and Water Dispenser, Others

 



What are the major end-use applications of the Ice Maker Market?



Food Processing, Entertainment, Food Retail, Mining Industry, Other

 



All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.


  1. INTRODUCTION

    1. MARKET DEFINITION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMELINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL ICE MAKER MARKET BY APPLICATION

    3. GLOBAL ICE MAKER MARKET BY TYPES



  4. MARKET DYNAMICS

    1. DRIVERS

    2. INCREASING DEMAND FOR ICE MAKER RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGULATIONS

      2. HIGH COST OF RAW MATERIAL



    3. OPPORTUNITIES

      1. ICE MAKER GROWTH

      2. APPLICATION OF ICE MAKER



    4. IMPACT OF COVID 19



  5. GLOBAL ICE MAKER MARKET, BY TYPES

    1. INTRODUCTION

    2. ICE ONLY

    3. ICE AND WATER DISPENSER

    4. OTHERS



  6. GLOBAL ICE MAKER MARKET, BY APPLICATION

    1. INTRODUCTION

    2. FOOD PROCESSING

    3. ENTERTAINMENT

    4. FOOD RETAIL

    5. MINING INDUSTRY

    6. OTHER



  7. GLOBAL ICE MAKER MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASIAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

    4. STRATEGIC INITIATIVES

      1.  HOSHIZAKI

      2.  MANITOWOC

      3.  SCOTSMAN

      4.  KÜLINDA

      5.  ICE-O-MATIC

      6.  FOLLETT

      7.  CORNELIUS

      8.  GEA

      9.  BREMA ICE MAKERS

      10.  SNOWSMAN

      11.  NORTH STAR

      12.  ELECTROLUX

      13.  GRANT ICE SYSTEMS

      14.  MAJA

      15.  ICE MAN

      16.  KTI

      17.  IBERNA

      18.  ICESTA

      19.  SNOOKER

      20.  KOLD-DRAFT





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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