Global Commercial Kitchen Appliances Market Size & Outlook
Global commercial kitchen appliances market, 2016-2028 (US$M)
Related Markets
Global commercial kitchen appliances market highlights
- The global commercial kitchen appliances market generated a revenue of USD 147.7 million in 2021 and is expected to reach USD 222.0 million by 2028.
- The market is expected to grow at a CAGR (2022 - 2028) of 6% by 2028.
- In terms of segment, refrigerator accounted for a revenue of USD 32.4 million in 2021.
- Grilling Equipment is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2021.
- Country-wise, U.S. is expected to register the highest CAGR from 2022 to 2028.
Global data book summary
| Market revenue in 2021 | USD 147.7 million |
| Market revenue in 2028 | USD 222.0 million |
| Growth rate | 6% (CAGR from 2021 to 2028) |
| Largest segment | Refrigerator |
| Fastest growing segment | Grilling Equipment |
| Historical data covered | 2016 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Refrigerator, Cooktop & Cooking Range, Oven, Grilling Equipment, Coffee Maker, Tilt Skillet & Braising Pan, Dishwasher & Dryer, Kitchen Ventilation |
Other key industry trends
- In terms of revenue, the North America accounted for 33.6% of the global commercial kitchen appliances market in 2021.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2028.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 55.4 million by 2028.
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Commercial Kitchen Appliances Market Scope
Commercial Kitchen Appliances Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global commercial kitchen appliances market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to commercial kitchen appliances market will help companies and investors design strategic landscapes.
Refrigerator was the largest segment with a revenue share of 21.94% in 2021. Horizon Databook has segmented the Global commercial kitchen appliances market based on refrigerator, cooktop & cooking range, oven, grilling equipment, coffee maker, tilt skillet & braising pan, dishwasher & dryer, kitchen ventilation covering the revenue growth of each sub-segment from 2016 to 2028.
- Global Commercial Kitchen Appliances Product Outlook (Revenue, USD Million, 2016-2028)
- Refrigerator
- Cooktop & Cooking Range
- Oven
- Pizza Oven
- Conveyor and Impinger Oven Oven
- Smoker & Roaster Oven
- Multi-cook Oven
- Other
- Grilling Equipment
- Coffee Maker
- Tilt Skillet & Braising Pan
- Dishwasher & Dryer
- Kitchen Ventilation
- Others
- Global Commercial Kitchen Appliances End Use Outlook (Revenue, USD Million, 2016-2028)
- Food Service
- QSR
- FSR
- Resort & Hotel
- Institutional Canteen
- Hospital
- Rail, Cruise & Airway Catering
- Others
- Food & Beverage Retail
- Food & Beverage Production
- Others
- Food Service
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Target buyers of Global commercial kitchen appliances market databook
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Our clientele includes a mix of commercial kitchen appliances market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global commercial kitchen appliances market , including forecasts for subscribers. This global databook contains high-level insights into Global commercial kitchen appliances market from 2016 to 2028, including revenue numbers, major trends, and company profiles.
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Global commercial kitchen appliances market size, by regions, 2016-2028 (US$M)
Top 10 countries: Commercial kitchen appliances market size, 2021 (US$M)
Global commercial kitchen appliances market share, by product, 2021 & 2028 (%, US$M)
Commercial kitchen appliances market: Opportunity assessment by country
Global commercial kitchen appliances market, by region, 2021 (US$M)
| Product | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 43.8 | 47.3 | 50.5 | 53.8 | 51.0 | 49.5 | 49.5 | 51.2 | 53.9 | 57.1 | 60.7 | 64.5 | 68.3 | 4.7% |
| Europe | 33.4 | 36.4 | 39.1 | 41.9 | 40.1 | 39.3 | 39.6 | 41.2 | 43.8 | 46.8 | 50.2 | 53.8 | 57.5 | 5.6% |
| Asia Pacific | 32.9 | 36.5 | 39.9 | 43.7 | 42.5 | 42.4 | 43.5 | 46.1 | 49.8 | 54.1 | 59.1 | 64.4 | 70.0 | 7.4% |
| Latin America | 4.8 | 5.3 | 5.7 | 6.2 | 6.1 | 6.0 | 6.2 | 6.5 | 7.0 | 7.6 | 8.3 | 9.0 | 9.8 | 7.1% |
| MEA | 8.4 | 9.2 | 10.0 | 10.9 | 10.6 | 10.4 | 10.7 | 11.2 | 12.1 | 13.0 | 14.1 | 15.3 | 16.6 | 6.8% |
| Overall | 123.3 | 134.7 | 145.2 | 156.4 | 150.3 | 147.7 | 149.3 | 156.2 | 166.5 | 178.7 | 192.4 | 207.0 | 222.0 | 6.0% |
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