According to a new report published by Reports Monitor titled, “Commercial Kitchen Appliances Market by product and by end user: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Commercial Kitchen Appliances market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. North America dominates the Commercial Kitchen Appliances market, in terms of value, and is expected to maintain this trend throughout the forecast period.
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The global commercial kitchen appliances market is segmented on the basis of product and end user.
On the basis of product, the market is segmented into cooking appliances, dishwasher, oven, refrigerator and other small appliances.
On the basis of end user, the market is segmented into ferry & cruise Full-Service Restaurant, Hospital, Institutional Canteen, Railway Dining, Resort & Hotel, Quick Service Restaurant and others.
Globally rising number of restaurants and hotels and adaption of advanced cooking equipment in order to improve services and quality of food are some of the factors enhance the growth of the market.
Increasing importance of hygiene and sanitation in commercial kitchen by consumer as well as service provider along with growing demand of ready to cook food are responsible for expanding the market.
Urbanization changes the lifestyle as most of the peoples belong to working class this increased disposal income of developing economies result in expansion of the market.
Expanding travel and tourism industry increases number of hotels and restaurants this raises demand of commercial kitchen equipment.
High initial investment in developing production plant and volatile prices of raw material are restrains the growth of the market.
Manufacturing of cost effective, lightweight and energy efficient products are challenges to the commercial kitchen appliances.
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• Gas & electric appliances is contributing highest market share in product segment.
• Ferry & cruises segment is expected to grow at higher rate owing increased in number of passenger travel by this medium.
• North America dominates the commercial kitchen appliances market.
• Asia Pacific is expected to grow at higher rate due to increased in disposal income and presence of international & local restaurants chain
Major companies profiled in the report include AIHO Corporation, Blue Seal, Bonnet International, Carrier Corporation, Falcon Professional Kitchen L.L.C., Hamilton Beach, Hobart, Middleby Corporation Company, The Vollrath Company, LLC, and True Manufacturing.
The study for Global Commercial Kitchen Appliances Market will provide market size, estimates and forecast based on the following years:
Historic data: 2015 Base Year Estimate: 2016 Forecast: 2017 to 2025
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
1.1. Market Definition
1.2. Market Scope
2. Research Methodology
2.1. Primary Research
2.2. Secondary Sources
2.3. Assumptions & Exclusions
3. Market Overview
3.1. Research Report Segmentation & Scope
3.2. Key Market Trend Analysis
3.2.1. Market Drivers
3.2.2. Market Restraint/Challenges
3.2.3. Market Opportunities
3.3. Porter’s Five Forces Analysis
3.4. Potential Venture Avenues
3.5. Market Share Analysis, 2016
3.6. Market Overview
4. Product Overview
4.2. Market Size & Forecast, 2015 to 2025
4.2.1. Cooking Appliances
220.127.116.11. Gas & Electric
4.2.5. Other Small Appliances
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)
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