Ice Merchandiser Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Ice Merchandiser Market
The global ice merchandiser market size was valued at USD 208.6 million in 2020 and is projected to grow from USD 213.6 million in 2024 to USD 261.6 million by 2028, exhibiting a CAGR of 2.9% during the forecast period of 2021-2028.
The COVID-19 pandemic drastically impacted the ice merchandiser marketplace, with disruptions in supply chains and decreased demand from sectors like hospitality and occasions due to lockdowns and restrictions. However, the increased need for bloodless storage answers in healthcare and meal retail helped partially offset the decline, highlighting the market's adaptability to changing needs and impeding the ice merchandiser market growth.
The ice merchandiser marketplace is pushed by the rising call for bloodless garage answers in the food and beverage industry, growing adoption in retail sectors, and developing usage in healthcare for retaining temperature-sensitive merchandise.
Energy efficiency and sustainability are critical developments in the ice merchandiser market. Manufacturers specialize in power-efficient designs to lessen operating costs and decrease environmental impact, expanding the ice merchandiser market share globally. Additionally, using eco-friendly materials within the construction of ice merchandisers is turning into an increasing number of vital, selling sustainable practices and reducing the general carbon footprint.
Comprehensive Analysis of Ice Merchandiser Market
The Ice Merchandiser Market is segmented by using product type and quit-user. Indoor ice merchandisers are predicted to dominate the marketplace due to their massive use in liquor stores, restaurants, and brief-service eating places, offering robust insulation and temperature manipulation. Outdoor merchandisers are also projected to develop appreciably, driven by their sturdiness and capability to face up to herbal factors, making them suitable for petrol stations and convenience shops. By stop-consumer, the food enterprise leads the market because of the efficiency and overall performance of those merchandisers, assembly refrigeration, and display needs. The grocery industry suggests a progressive increase as selling bagged ice offers additional revenue. At the same time, the catering enterprise is expected to grow progressively due to the merchandisers' software in storage and visible meal presentation.
The North America region led the ice merchandiser market by benefitting a size of USD 69.55 million in 2020 due to speedy economic improvement and population increase; the market is expected to witness a sizeable boom.
The leading players in the Ice Merchandiser Market significantly influence its growth trajectory and set industry standards. These key players, including Leer Inc. (Wisconsin, U.S.), Polar Temp (Georgia, U.S.), Iowa Rotocast Plastics, Inc. (Iowa, U.S.), FOGEL USA (Pennsylvania, U.S.), Master-Bilt (Florida, U.S.), Turbo Air (California, U.S.), Beverage Air (North Carolina, U.S.), Hoshizaki America, Inc. (Georgia, U.S.), Thermal Manufacturing, Inc. (Tennessee, U.S.), and Omcan Inc. (Ontario, Canada), contribute to a competitive landscape, driving innovation and market advancement.
In May 2021, Iowa Rotocast Plastics completed a new cart task for TQL Stadium in Cincinnati, Ohio. Developed in partnership with Levy Restaurants, the portable gadgets were designed to consist of kiosks for bottled beer, a bar, popcorn, warm meals, a grill, and POS stations catering to FC Cincinnati's desires.
Segmentation Table
ATTRIBUTE DETAILS
Study Period2017-2028
Base Year2020
Estimated Year 2021
Forecast Period2021-2028
Historical Period2017-2019
UnitValue (USD million)
SegmentationBy Product Type, End-User, and Region
By Product TypeOutdoor Ice Merchandisers
Indoor Ice Merchandisers
By End-UserFood Industry
Grocery Industry
Catering Industry
By RegionNorth America (Product Type, End-User, and Country)
U.S. (By End-User)
Canada (By End-User)
Europe (Product Type, End-User, and Country)
U.K. (By End-User)
Germany (By End-User)
France (By End-User)
Italy (By End-User)
Rest of Europe
Asia Pacific (Product Type, End-User, and Country)
China (By End-User)
India (By End-User)
Japan (By End-User)
South Korea (By End-User)
Rest of Asia Pacific
Middle East & Africa (Product Type, End-User, and Country)
GCC (By End-User)
South Africa (By End-User)
Rest of the Middle East & Africa
South America (Product Type, End-User, and Country)
Mexico (By End-User)
Brazil (By End-User)
Rest of South Africa
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- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of COVID-19 on Ice Merchandiser Market
- 3.3.1. Short-term Impact
- 3.3.2. Long-term Impact
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Porter’s Five Forces Analysis
- 4.4. Global Ice Merchandiser Market Share Analysis, 2020
- 5. Key Market Insights and Strategic Recommendations
- 6. Profiles of Key Players (Would be provided for 10 players only)
- 6.1. Overview
- 6.1.1. Key Management
- 6.1.2. Headquarters etc.
- 6.2. Offerings/Business Segments
- 6.3. Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
- 6.3.1. Employee Size
- 6.3.2. Key Financials
- 6.3.2.1. Past and Current Revenue
- 6.3.2.2. Geographical Share
- 6.3.2.3. Business Segment Share
- 6.4. Recent Developments
- 7. Primary Interview Responses
- 8. Annexure / Appendix
- 8.1. Global Ice Merchandiser Market Analysis, Insights and Forecast (Quantitative Data), By Segments, 2017-2028
- 8.1.1. By Product Type (USD Mn)
- 8.1.1.1. Outdoor Ice Merchandisers
- 8.1.1.2. Indoor Ice Merchandisers
- 8.1.2. By End-User (USD Mn)
- 8.1.2.1. Food Industry
- 8.1.2.2. Grocery Industry
- 8.1.2.3. Catering Industry
- 8.1.3. By Region (USD Mn)
- 8.1.3.1. North America
- 8.1.3.2. Europe
- 8.1.3.3. Asia Pacific
- 8.1.3.4. Middle East and Africa
- 8.1.3.5. South America
- 8.2. North America Ice Merchandiser Market Analysis, Insights and Forecast (Quantitative Data), By Segments, 2017-2028
- 8.2.1. By Product Type (USD Mn)
- 8.2.1.1. Outdoor Ice Merchandisers
- 8.2.1.2. Indoor Ice Merchandisers
- 8.2.2. By End-User (USD Mn)
- 8.2.2.1. Food Industry
- 8.2.2.2. Grocery Industry
- 8.2.2.3. Catering Industry
- 8.2.3. By Country (USD Mn)
- 8.2.3.1. U.S.
- 8.2.3.1.1. By End-User
- 8.2.3.1.1.1. Food Industry
- 8.2.3.1.1.2. Grocery Industry
- 8.2.3.1.1.3. Catering Industry
- 8.2.3.2. Canada
- 8.2.3.2.1. By End-User
- 8.2.3.2.1.1. Food Industry
- 8.2.3.2.1.2. Grocery Industry
- 8.2.3.2.1.3. Catering Industry
- 8.3. Europe Ice Merchandiser Market Analysis, Insights and Forecast (Quantitative Data), By Segments, 2017-2028
- 8.3.1. By Product Type (USD Mn)
- 8.3.1.1. Outdoor Ice Merchandisers
- 8.3.1.2. Indoor Ice Merchandisers
- 8.3.2. By End-User (USD Mn)
- 8.3.2.1. Food Industry
- 8.3.2.2. Grocery Industry
- 8.3.2.3. Catering Industry
- 8.3.3. By Country (USD Mn)
- 8.3.3.1. U.K.
- 8.3.3.1.1. By End-User
- 8.3.3.1.1.1. Food Industry
- 8.3.3.1.1.2. Grocery Industry
- 8.3.3.1.1.3. Catering Industry
- 8.3.3.2. Germany
- 8.3.3.2.1. By End-User
- 8.3.3.2.1.1. Food Industry
- 8.3.3.2.1.2. Grocery Industry
- 8.3.3.2.1.3. Catering Industry
- 8.3.3.3. France
- 8.3.3.3.1. By End-User
- 8.3.3.3.1.1. Food Industry
- 8.3.3.3.1.2. Grocery Industry
- 8.3.3.3.1.3. Catering Industry
- 8.3.3.4. Italy
- 8.3.3.4.1. By End-User
- 8.3.3.4.1.1. Food Industry
- 8.3.3.4.1.2. Grocery Industry
- 8.3.3.4.1.3. Catering Industry
- 8.3.3.5. Rest of the Europe
- 8.4. Asia Pacific Ice Merchandiser Market Analysis, Insights and Forecast (Quantitative Data), By Segments, 2017-2028
- 8.4.1. By Product Type (USD Mn)
- 8.4.1.1. Outdoor Ice Merchandisers
- 8.4.1.2. Indoor Ice Merchandisers
- 8.4.2. By End-User (USD Mn)
- 8.4.2.1. Food Industry
- 8.4.2.2. Grocery Industry
- 8.4.2.3. Catering Industry
- 8.4.3. By Country (USD Mn)
- 8.4.3.1. China
- 8.4.3.1.1. By End-User
- 8.4.3.1.1.1. Food Industry
- 8.4.3.1.1.2. Grocery Industry
- 8.4.3.1.1.3. Catering Industry
- 8.4.3.2. India
- 8.4.3.2.1. By End-User
- 8.4.3.2.1.1. Food Industry
- 8.4.3.2.1.2. Grocery Industry
- 8.4.3.2.1.3. Catering Industry
- 8.4.3.3. Japan
- 8.4.3.3.1. By End-User
- 8.4.3.3.1.1. Food Industry
- 8.4.3.3.1.2. Grocery Industry
- 8.4.3.3.1.3. Catering Industry
- 8.4.3.4. South Korea
- 8.4.3.4.1. By End-User
- 8.4.3.4.1.1. Food Industry
- 8.4.3.4.1.2. Grocery Industry
- 8.4.3.4.1.3. Catering Industry
- 8.4.3.5. Rest of Asia Pacific
- 8.5. Middle East & Africa Ice Merchandiser Market Analysis, Insights and Forecast (Quantitative Data), By Segments, 2017-2028
- 8.5.1. By Product Type (USD Mn)
- 8.5.1.1. Outdoor Ice Merchandisers
- 8.5.1.2. Indoor Ice Merchandisers
- 8.5.2. By End-User (USD Mn)
- 8.5.2.1. Food Industry
- 8.5.2.2. Grocery Industry
- 8.5.2.3. Catering Industry
- 8.5.3. By Country (USD Mn)
- 8.5.3.1. GCC Countries
- 8.5.3.1.1. By End-User
- 8.5.3.1.1.1. Food Industry
- 8.5.3.1.1.2. Grocery Industry
- 8.5.3.1.1.3. Catering Industry
- 8.5.3.2. South Africa
- 8.5.3.2.1. By End-User
- 8.5.3.2.1.1. Food Industry
- 8.5.3.2.1.2. Grocery Industry
- 8.5.3.2.1.3. Catering Industry
- 8.5.3.3. Rest of Middle East & Africa
- 8.6. South America Ice Merchandiser Market Analysis, Insights and Forecast (Quantitative Data), By Segments, 2017-2028
- 8.6.1. By Product Type (USD Mn)
- 8.6.1.1. Outdoor Ice Merchandisers
- 8.6.1.2. Indoor Ice Merchandisers
- 8.6.2. By End-User (USD Mn)
- 8.6.2.1. Food Industry
- 8.6.2.2. Grocery Industry
- 8.6.2.3. Catering Industry
- 8.6.3. By Country (USD Mn)
- 8.6.3.1. Brazil
- 8.6.3.1.1. By End-User
- 8.6.3.1.1.1. Food Industry
- 8.6.3.1.1.2. Grocery Industry
- 8.6.3.1.1.3. Catering Industry
- 8.6.3.2. Mexico
- 8.6.3.2.1. By End-User
- 8.6.3.2.1.1. Food Industry
- 8.6.3.2.1.2. Grocery Industry
- 8.6.3.2.1.3. Catering Industry
- 8.6.3.3. Rest of South America
- 9. List of some of the companies (to name a few and not limited to) considered in the scope for understanding the market ecosystem/value chain.
- 10. (Note that the purpose of the below list is to highlight the exhaustiveness of coverage. This does not necessarily mean that all the below companies would be profile in the scope. However, at the same, we are open to profile additional company(s) on specific request)
- 11. Leer Inc.
- 12. Polar Temp
- 13. Iowa Rotocast Plastics, Inc.
- 14. FOGEL USA
- 15. Master-Bilt
- 16. Turbo Air
- 17. Beverage Air
- 18. Hoshizaki America, Inc.
- 19. Thermal Manufacturing, Inc.
- 20. Omcan Inc.
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