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Ice Maker Market Trends

  • Report ID: GMI4419
  • Published Date: Sep 2023
  • Report Format: PDF

Ice Maker Market Trends

The ice maker market is witnessing several key trends. There is a growing demand for energy-efficient & environment-friendly ice makers owing to sustainability concerns. There is also a rising emphasis on smart & connected ice makers with features such as remote monitoring & control. The market is experiencing a shift toward smaller & more compact ice makers for space-conscious consumers. Moreover, the demand for ice makers in the healthcare sector is rising due to their importance in medical applications. The market is also observing innovations in ice types including nugget & gourmet ice, thereby catering to the evolving consumer preferences

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of Ice maker was worth USD 2.2 billion in 2022 and may register over 6% CAGR between 2023 and 2032, due to significant advances in the food & beverage sector worldwide.

The ice cubes product segment crossed USD 1.5 billion in 2022 and will register lucrative growth rate by 2032, owing to their higher usage in both commercial & residential settings for cooling beverages and preserving food.

The commercial application segment recorded over 70% share of the ice maker market in 2022 on account of rising demand in hospitality to serve drinks, and keep food fresh.

North America ice maker industry size surpassed USD 850 million in 2022, attributed to the higher consumer demand and changing lifestyles in the region.

Ice Maker Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 11
  • Tables & Figures: 216
  • Countries covered: 21
  • Pages: 200
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