Ice Market Overview
MMR recently published Ice market report offers a holistic view of the Ice market, encompassing both global players and local players operating in different countries. Through a comparative analysis of key players and market followers, this report provides an insightful industry outlook.
Ice Market Report Scope and Research Methodology
The report provides an in-depth analysis of the Ice market, through segmentation. It analyses the market size, share, growth, and trends, along with the drivers and restraints affecting the market growth. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report.
Ice Market Regional Insights
The report provides regional insights into the industrial gas market for North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The Asia-Pacific region is expected to dominate the market.
Ice Market Segmentation
The Ice Maker Market is divided into Ice Cube Makers, Ice Flake Makers, Ice Nugget Makers, and Others based on the kind of product. With a 48.1% market share in 2022, the Ice Cube maker category is anticipated to increase at a compound annual growth rate (CAGR) of 6.1% throughout the projected period. The expansion of the ice maker market in this category is driven by the growing use of ice cubes in both the home and commercial sectors. The ice maker market statistics are influenced by the usage of gourmet ice and rhomboid ice cubes, which are consumed with alcoholic and non-alcoholic drinks at hotels, restaurants, businesses, and residences.
Over the course of the projection period, the Ice Flake Maker segment is anticipated to rise at a CAGR of 5.3%, indicating considerable development.
The ice maker market is divided into foodservice, retail, healthcare, residential, and other segments based on application. In 2022, the Foodservice industry held the biggest share of the worldwide Ice Maker market, accounting for 35.64%. The urban population’s increasing propensity to dine out at hotels, restaurants, and cafés is propelling this segment’s market expansion. The growing food and beverage sector, together with rising per capita income, is another factor driving product demand in this market.
During the projection period, the healthcare segment is anticipated to increase at a compound annual growth rate (CAGR) of 5.93%. The demand for this product is fueled by the growing need for ice makers in the healthcare industry for a variety of uses, including cold compression treatment, rehabilitation techniques, vaccine transportation, and tissue and organ donation.
Ice Market Key Players
1. Hoshizaki Corporation 2. Manitowoc Company, Inc. 3. Scotsman Industries, Inc. 4. Whynter LLC 5. Ice-O-Matic 6. AB Electrolux 7. Teknotherm Inc. 8. Himalayan Equipment Manufacturing Co. 9. MaxxIce 10. Howe Corporation 11. Cornelius, Inc. 12. Middleby Corporation 13. A & V Refrigeration Corp 14. NewAir 15. Haier America Company
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Table of Content: Ice Market
Part 01: Executive Summary
Part 02: Scope of the Ice Market Report
Part 03: Global Ice Market Landscape
Part 04: Global Ice Market Sizing
Part 05: Global Ice Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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