Ice Maker Market - By Product (Ice Cubes, Ice Flakes, Ice Nuggets), By Application (Residential, Commercial, Industrial), Regional Insights & Global Forecast, 2023

Description

List of Tables

Global Ice Maker Market will witness 6% CAGR between 2023 and 2032, driven by the increasing demand for ice across various sectors, including food service, healthcare, and residential applications. With a growing preference for cold beverages and the need for ice preservation in healthcare, the market has gained traction. Moreover, technological advancements have led to more efficient and user-friendly ice-making machines, enhancing consumer convenience. Environmental concerns have also influenced the market, prompting energy-efficient and eco-friendly ice makers, aligning with the growing sustainability trend. These multifaceted factors collectively propel the ice maker market growth.

Besides, the rising number of product launches from leading companies also supports market growth. For instance, in July 2023, Ecozy, a renowned global home appliance brand, introduced a remarkable nugget ice maker ("the Ecozy nugget ice maker") that delivers a distinctive ice experience ideal for ice enthusiasts during the summer. With a track record of selling over 50 million products in more than 20 countries and earning support from influential figures, Ecozy is committed to pushing boundaries.

The overall Ice Maker Market is classified based on product, application, and region.

The ice flakes segment will undergo significant development from 2023 to 2032. These thin, versatile ice pieces find extensive use in the food and beverage industry, especially for the presentation and preservation of seafood and fresh produce. Additionally, they are preferred in healthcare and industrial settings for their rapid cooling capabilities. The growing need for specialized ice shapes and functions supports the rising contribution of ice flakes in the ice maker market growth.

The industrial segment will register a commendable CAGR from 2023 to 2032. Industries such as manufacturing, construction, and healthcare rely on ice production for processes like cooling, concrete curing, and medical equipment. Efficient and reliable ice makers are essential in these sectors to maintain product quality and operational efficiency. This growing industrial reliance on ice highlights its pivotal role in diverse applications.

Europe ice maker market will showcase an appreciable CAGR from 2023 to 2032. A shift toward increased hospitality and food service establishments, especially in tourist destinations, fuels the demand for ice-making equipment. Stringent food safety regulations also emphasize the need for reliable ice production. Moreover, a growing preference for chilled beverages and a flourishing healthcare sector contribute to the market growth, making ice makers a crucial component in Europe's evolving industries.

Product Code: 4419

Chapter 1 Methodology and Scope

1.1 Definitions & forecast parameters
- 1.1.1 Definitions
- 1.1.2 Methodology and forecast parameters
- 1.1.3 Region wise impact analysis of COVID-19
  - 1.1.3.1 North America
  - 1.1.3.2 Europe
  - 1.1.3.3 Asia Pacific
  - 1.1.3.4 Latin America
  - 1.1.3.5 MEA
1.2 Data Sources
- 1.2.1 Secondary
- 1.2.2 Primary

Chapter 2 Executive Summary

2.1 Ice maker industry 360 degree synopsis, 2023 - 2032
- 2.1.1 Business trends
- 2.1.2 Product trends
- 2.1.3 Application trends
- 2.1.4 Regional trends

Chapter 3 Industry Insights

3.1 Industry segmentation
3.2 Impact of COVID-19 on ice maker industry landscape
- 3.2.1 Global outlook
- 3.2.2 Regional impact
  - 3.2.2.1 North America
  - 3.2.2.2 Europe
  - 3.2.2.3 Asia Pacific
  - 3.2.2.4 Latin America
  - 3.2.2.5 MEA
- 3.2.3 Industry value chain
  - 3.2.3.1 Research & development
  - 3.2.3.2 Manufacturing
  - 3.2.3.3 Marketing
  - 3.2.3.4 Supply
- 3.2.4 Competitive landscape
  - 3.2.4.1 Strategy
  - 3.2.4.2 Distribution network
  - 3.2.4.3 Business growth
3.3 Industry ecosystem analysis
- 3.3.1 Component suppliers
- 3.3.2 Technology providers
- 3.3.3 Manufacturers
- 3.3.4 End use landscape
- 3.3.5 Distribution channel analysis
- 3.3.6 Vendor matrix
3.4 Technology & innovation landscape
3.5 Regulatory landscape
- 3.5.1 North America
- 3.5.2 Europe
- 3.5.3 Asia Pacific
- 3.5.4 Latin America
- 3.5.5 MEA
3.6 Industry impact forces
- 3.6.1 Growth drivers
  - 3.6.1.1 Positive outlook of the food & beverage industry globally
  - 3.6.1.2 Growing adoption of ice makers in healthcare sector
  - 3.6.1.3 Increasing shift towards household ice makers due to rise in consumer disposable income in North America
  - 3.6.1.4 High growth of hospitality industry in MEA and Europe
  - 3.6.1.5 Increasing demand for ice flakes from transportation & logistics sector in Europe
  - 3.6.1.6 Development of the e-commerce industry in Latin America and Asia Pacific
- 3.6.2 Industry pitfalls & challenges
  - 3.6.2.1 High initial investment
  - 3.6.2.2 Emergence of multi-functional refrigerators with in-built ice machines
3.7 Growth potential analysis
3.8 Porter's analysis
- 3.8.1 Supplier power
- 3.8.2 Buyer power
- 3.8.3 Threat of new entrants
- 3.8.4 Threat of substitutes
- 3.8.5 Internal rivalry
3.9 PESTEL analysis
- 3.9.1 Political
- 3.9.2 Economic
- 3.9.3 Social
- 3.9.4 Technological
- 3.9.5 Environmental
- 3.9.6 Legal

Chapter 4 Competitive Landscape

4.1 Introduction
4.2 Company market share analysis, 2022
4.3 Top player analysis
- 4.3.1 Comparative analysis of ice maker manufacturers
  - 4.3.1.1 Cornelius, Inc
  - 4.3.1.2 Direct Catering Products Ltd
  - 4.3.1.3 Hoshizaki Corporation
  - 4.3.1.4 Howe Corporation
  - 4.3.1.5 ITV Ice Makers
  - 4.3.1.6 Welbilt
  - 4.3.1.7 Middleby Corporation
  - 4.3.1.8 North Star Ice Equipment
- 4.3.2 Vendor adoption matrix

Chapter 5 Ice Maker Market, By Product

5.1 Key trends, by product
5.2 Ice cube maker
- 5.2.1 Market estimates and forecast, 2023 - 2032
5.3 Ice flake maker
- 5.3.1 Market estimates and forecast, 2023 - 2032
5.4 Ice nugget maker
- 5.4.1 Market estimates and forecast, 2023 - 2032

Chapter 6 Ice Maker Market, By End-Use

6.1 Key trends, by application
6.2 Residential
- 6.2.1 Market estimates and forecast, 2023 - 2032
6.3 Commercial
- 6.3.1 Market estimates and forecast, 2023 - 2032
- 6.3.2 Food service
  - 6.3.2.1 Market estimates and forecast, 2023 - 2032
- 6.3.3 Healthcare
  - 6.3.3.1 Market estimates and forecast, 2023 - 2032
6.4 Industrial
- 6.4.1 Market estimates and forecast, 2023 - 2032

Chapter 7 Ice Maker Market, By Region

7.1 Key trends, by region
7.2 North America
- 7.2.1 Market estimates and forecast, by product, 2023 - 2032
- 7.2.2 Market estimates and forecast, by application, 2023 - 2032
- 7.2.3 U.S.
  - 7.2.3.1 Market estimates and forecast, by product, 2023 - 2032
  - 7.2.3.2 Market estimates and forecast, by application, 2023 - 2032
- 7.2.4 Canada
  - 7.2.4.1 Market estimates and forecast, by product, 2023 - 2032
  - 7.2.4.2 Market estimates and forecast, by application, 2023 - 2032
7.3 Europe
- 7.3.1 Market estimates and forecast, by product, 2023 - 2032
- 7.3.2 Market estimates and forecast, by application, 2023 - 2032
- 7.3.3 UK
  - 7.3.3.1 Market estimates and forecast, by product, 2023 - 2032
  - 7.3.3.2 Market estimates and forecast, by application, 2023 - 2032
- 7.3.4 Germany
  - 7.3.4.1 Market estimates and forecast, by product, 2023 - 2032
  - 7.3.4.2 Market estimates and forecast, by application, 2023 - 2032
- 7.3.5 France
  - 7.3.5.1 Market estimates and forecast, by product, 2023 - 2032
  - 7.3.5.2 Market estimates and forecast, by application, 2023 - 2032
- 7.3.6 Italy
  - 7.3.6.1 Market estimates and forecast, by product, 2023 - 2032
  - 7.3.6.2 Market estimates and forecast, by application, 2023 - 2032
- 7.3.7 Russia
  - 7.3.7.1 Market estimates and forecast, by product, 2023 - 2032
  - 7.3.7.2 Market estimates and forecast, by application, 2023 - 2032
7.4 Asia Pacific
- 7.4.1 Market estimates and forecast, by product, 2023 - 2032
- 7.4.2 Market estimates and forecast, by application, 2023 - 2032
- 7.4.3 China
  - 7.4.3.1 Market estimates and forecast, by product, 2023 - 2032
  - 7.4.3.2 Market estimates and forecast, by application, 2023 - 2032
- 7.4.4 India
  - 7.4.4.1 Market estimates and forecast, by product, 2023 - 2032
  - 7.4.4.2 Market estimates and forecast, by application, 2023 - 2032
- 7.4.5 Japan
  - 7.4.5.1 Market estimates and forecast, by product, 2023 - 2032
  - 7.4.5.2 Market estimates and forecast, by application, 2023 - 2032
- 7.4.6 South Korea
  - 7.4.6.1 Market estimates and forecast, by product, 2023 - 2032
  - 7.4.6.2 Market estimates and forecast, by application, 2023 - 2032
7.5 Latin America
- 7.5.1 Market estimates and forecast, by product, 2023 - 2032
- 7.5.2 Market estimates and forecast, by application, 2023 - 2032
- 7.5.3 Brazil
  - 7.5.3.1 Market estimates and forecast, by product, 2023 - 2032
  - 7.5.3.2 Market estimates and forecast, by application, 2023 - 2032
- 7.5.4 Mexico
  - 7.5.4.1 Market estimates and forecast, by product, 2023 - 2032
  - 7.5.4.2 Market estimates and forecast, by application, 2023 - 2032
7.6 MEA
- 7.6.1 Market estimates and forecast, by product, 2023 - 2032
- 7.6.2 Market estimates and forecast, by application, 2023 - 2032
- 7.6.3 UAE
  - 7.6.3.1 Market estimates and forecast, by product, 2023 - 2032
  - 7.6.3.2 Market estimates and forecast, by application, 2023 - 2032
- 7.6.4 Saudi Arabia
  - 7.6.4.1 Market estimates and forecast, by product, 2023 - 2032
  - 7.6.4.2 Market estimates and forecast, by application, 2023 - 2032
- 7.6.5 South Africa
  - 7.6.5.1 Market estimates and forecast, by product, 2023 - 2032
  - 7.6.5.2 Market estimates and forecast, by application, 2023 - 2032

Chapter 8 Company Profiles

8.1 Cornelius, Inc.
- 8.1.1 Business Overview
- 8.1.2 Financial Data
- 8.1.3 Product Landscape
- 8.1.4 Strategic Outlook
- 8.1.5 SWOT Analysis
8.2 Direct Catering Products Ltd.
- 8.2.1 Business Overview
- 8.2.2 Financial Data
- 8.2.3 Product Landscape
- 8.2.4 Strategic Outlook
- 8.2.5 SWOT Analysis
8.3 Figor Industrial
- 8.3.1 Business Overview
- 8.3.2 Financial Data
- 8.3.3 Product Landscape
- 8.3.4 Strategic Outlook
- 8.3.5 SWOT Analysis
8.4 Hoshizaki Corporation
- 8.4.1 Business Overview
- 8.4.2 Financial Data
- 8.4.3 Product Landscape
- 8.4.4 Strategic Outlook
- 8.4.5 SWOT Analysis
8.5 ITV Ice Makers
- 8.5.1 Business Overview
- 8.5.2 Financial Data
- 8.5.3 Product Landscape
- 8.5.4 Strategic Outlook
- 8.5.5 SWOT Analysis
8.6 Marel
- 8.6.1 Business Overview
- 8.6.2 Financial Data
- 8.6.3 Product Landscape
- 8.6.4 Strategic Outlook
- 8.6.5 SWOT Analysis
8.7 Middleby Corporation
- 8.7.1 Business Overview
- 8.7.2 Financial Data
- 8.7.3 Product Landscape
- 8.7.4 Strategic Outlook
- 8.7.5 SWOT Analysis
8.8 NewAir, LLC
- 8.8.1 Business Overview
- 8.8.2 Financial Data
- 8.8.3 Product Landscape
- 8.8.4 Strategic Outlook
- 8.8.5 SWOT Analysis
8.9 North Star Ice Equipment
- 8.9.1 Business Overview
- 8.9.2 Financial Data
- 8.9.3 Product Landscape
- 8.9.4 Strategic Outlook
- 8.9.5 SWOT Analysis
8.10 Porkka Finland Oy
- 8.10.1 Business Overview
- 8.10.2 Financial Data
- 8.10.3 Product Landscape
- 8.10.4 Strategic Outlook
- 8.10.5 SWOT Analysis
8.11 Welbilt
- 8.11.1 Business Overview
- 8.11.2 Financial Data
- 8.11.3 Product Landscape
- 8.11.4 Strategic Outlook
- 8.11.5 SWOT Analysis