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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Commercial Kitchen Appliances Market Regional Analysis
North America Holds a Significant Share in the Market Growth of Commercial Kitchen Appliances
North America holds a significant commercial kitchen appliances market share 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.
Commercial Kitchen Appliances Market Report Snapshots
Commercial Kitchen Appliances Market Size
Commercial Kitchen Appliances Market Growth
Commercial Kitchen Appliances Market Trends
Commercial Kitchen Appliances Companies
Commercial Kitchen Appliances Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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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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30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124