Moveable Ice Maker Statistics 2024

16/01/2024

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Introduction

Moveable Ice Maker Statistics: As of reviews, the worldwide market measurement of Moveable Ice Maker goes to achieve round $2410.76 million by the tip of 2030 at a CAGR of 6.54% from 2022 to 2030. The ice makers are principally relevant in industrial areas equivalent to eating places, lodges, comfort shops, and so on in order that they will allow a gradual provide of ice for quite a few functions.

The market got here into demand and grew considerably with the rising client preferences for chilly drinks throughout summer time. This Moveable Ice Maker Statistics goes to cowl all important elements of this trade equivalent to market shares, gamers, income share, makes use of, market by varieties, utility, geography, and so on.

Editor’s Alternative

Market Measurement Projections (2029): Maximize Market Analysis forecasts the market measurement to achieve round $6.65 billion by 2029, rising at a CAGR of 5.12% from 2023 to 2029. This development signifies a powerful and regular demand for ice makers in numerous sectors.
Dominance of Ice Dice Makers: In each market share and development potential, ice dice makers lead the phase. Accounting for over 50% of the market, they’re anticipated to develop at a CAGR of 6.1% by 2029. This dominance could be attributed to their widespread use in each industrial and residential settings.
Market Valuation (2023): In accordance with Imarc market analysis reviews, the worldwide ice maker market is valued at $5.1 billion in 2023. This valuation displays the present demand and the incorporation of technological developments in ice maker manufacturing.
Lengthy-Time period Market Development (2032): The market measurement is predicted to achieve $7.3 billion by 2032, rising at a price of 4.1% from 2024 to 2032. This means a continued growth of the market, albeit at a barely slower tempo.
Meals Service Section’s Market Share (2023): As per Cognitive Market Analysis, the meals service phase holds the biggest market share for industrial ice makers, accounting for 40%. That is doubtless as a result of important position of ice makers in eating places, cafes, and different meals service institutions.
Regional Market Chief (APAC, 2028): Within the Asia-Pacific area, China is anticipated to dominate the market with a worth of $255.9 million by 2028. This management place could be linked to the large-scale industrial and industrial actions in China, coupled with rising hospitality and healthcare sectors.

(Reference: maximizemarketresearch.com)

What’s a Moveable Ice Maker?

The moveable ice makers are specifically designed cooling chamber system that helps in freezing water inside a couple of minutes and might generate various quantities of ice. The efficient benefit of moveable ice makers is that these gadgets don’t require any plumbing and set up course of.

Advantages of Moveable Ice Makers

The moveable ice makers permit for making sooner ice than a freezer does.
Allow in producing sufficient quantity of ice for having fun with a celebration.
Individuals don’t have to fret about pungent ice as ice-like freezers as this moveable ice is straight ready from a self-contained machine.
Person can select the scale and form of ice as their desire.
This ice maker doesn’t require any water line hookup.
Lastly, the ice generated from moveable ice makers is completely chewy.

Information of Moveable Ice Makers

In accordance with the PR by International Newswire, the worldwide market measurement of countertop ice dispensers goes to achieve $491 million by the tip of 2023 and the market development is projected to achieve at a CAGR of 6.3% from 2023 to 2033.
In 2023, the market measurement of cooled ice makers was $1.86 billion and $3.03 billion by the tip of 2033 with a CAGR of 5% within the forecast interval.
The worldwide market measurement of under-counter ice maker markers is anticipated to worth round $774.5 million by 2023 and $1,135.4 million by 2033 with a CAGR of three.9% from 2023 to 2033.
The worldwide air-cooled dice ice maker market worth is anticipated to be 41.68 billion by the tip of 2023 and $3.63 billion by the tip of 2033 with a CAGR of 8% from 2023 to 2033.
Whereas, throughout the identical forecasted interval the worldwide industrial ice makers market measurement is predicted to develop at a CAGR of three.50%.
Materials used within the manufacturing of moveable ice makers is steel, plastic, rubber, fiberglass, and others.

Common Statistics

In accordance with MarkNtel Advisors reviews, in 2023 an modern countertop dwelling ice maker was launched by Wintersmiths referred to as Juniper. This system can generate automated clear bar-quality ice and inside 24 hours it will possibly produce 12 giant clear spheres, 12 giant clear cubes, and 96 small clear cubes.
The moveable ice maker market is anticipated to develop at a CAGR of 4.5% from 2023 to 2028.
The main key gamers of the moveable ice makers are Euhomy, Houzz, Frigidaire, Vremi, Manitowoc, IKICH, Maxxlce, and so on.
In accordance with the reviews of Technovio, by the tip of 2027, the North American area contributed a market share of 35%.
In 2023 around the globe, most moveable ice makers had been imported from China, the US, and South Korea.
Probably the most moveable ice makers export from the US, India, and the Philippines

Moveable Ice Marker Statistics by Sort

The trade is necessary segmented into Ice Dice Maker, Ice Flake Maker, Ice Nugget Maker, and others.
The biggest market share was achieved by the phase of moveable ice dice makers accounting for greater than 50% in 2023, which is anticipated to develop at a CAGR of 6.1% by 2029.
Whereas, the phase of Ice Flake Maker is anticipated to achieve a CAGR of 5.3% from 2023 to 2029.
In accordance with the reviews of International Newswire, in 2023 the worldwide market share of Nugget Ice Maker is anticipated to achieve as much as 60% to 65%.
Whereas, by the tip of 2033 the market is meant to be $133.9 million by 2033 and the market will develop at 5.16% from 2023 to 2033.
The market of nugget ice maker market is rising as 85% of North American folks want ingesting alcoholic drinks.

Moveable Ice Marker Statistics by Utility

The moveable ice maker market is segmented into meals service, retail, healthcare, residential, and so on.
In accordance with Maximize Market Analysis, the biggest market share was accounted for by the meals service phase with 36.84% in 2022.
As of Cognitive Market Analysis, as of 2023, the meals service phase is accounting for the biggest marketplace for industrial ice makers with a 40% share.
From 2023 to 2030, within the ice maker market, the healthcare phase is anticipated to develop at a CAGR of 5.93%.

Statistics by Geography

(Supply: technavio.com)

In accordance with the reviews of Knowledge Bridge Market Analysis evaluation, the biggest market share of the moveable ice maker market within the North American area is anticipated to achieve $831.35 million by the tip of 2030.
Whereas, the expansion price of the area is anticipated to achieve a CAGR of two.80% from 2023 to 2030.
In accordance with the reviews of Technovio, by the tip of 2027, the North American area contributed a market share of 35%.
In accordance with Knowledge Bridge Market Analysis, by the tip of 2029, the market valuation of moveable ice makers in Europe goes to be $680.78 million
As of KBV Analysis reviews, the market development goes to be 4.2% of CAGR from 2022 to 2028.
In accordance with the reviews of Analysis and Market, the Asia Pacific moveable ice market goes to develop at a CAGR of 5.4% from 2022 to 2028.
Within the area of APAC by the tip of 2028, the China market is dominating with a market worth of $255.9 million.
The estimated market development of Japan and India is anticipated to develop at a CAGR OF 4.8% and 6.1% respectively from 2022 to 2028.

Ice Maker Web site Site visitors by Nation

(Supply: similarweb.com)

As of November 2023, Mexico had a 17.99% of whole site visitors on icemakers.com.au.
Different nations contribution in whole site visitors are adopted by the US of America = 16.79% elevated by 5.07%, Russia (16.56%), Australia = 15.01% (+10.11%), and Indonesia (11.68%)
Moreover, different nations collectively made whole web site site visitors virtually 21.96%.

Moveable Ice Marker Statistics by Shipments

The worldwide marketplace for moveable ice makers, as outlined in Volza’s International Reviews 2023, exhibits fascinating tendencies in import and export actions. Key insights embody:

Whole Imports and Market Gamers:

- Import Shipments: Worldwide, there have been 728 shipments of moveable ice makers.
- Importers and Suppliers: These shipments concerned 152 importers and 136 suppliers, indicating a various and world provide chain.

Main Importing Nations:

- United States: Dominates with 660 shipments, reflecting excessive client demand.
- India: Imported 19 shipments, indicating a rising market.
- Philippines: With 16 shipments, exhibiting rising market potential.

Major Import Product Classes:

- HSN Codes: The highest classes are HSN Code 841869, HSN Code 950670, and HSN Code 84186910. These codes signify particular sorts of moveable ice makers and their elements, highlighting the variability and specialization out there.

High Exporting Nations:

- China: Leads with 678 shipments, showcasing its manufacturing power.
- United States: Exported 23 shipments, indicating each home demand and export capabilities.
- South Korea: With 10 shipments, exhibiting its position within the world market.

Main Export Product Classes:

- HSN Codes: Much like imports, the main classes for exports are HSN Code 841869, HSN Code 84186910, and HSN Code 950670. This mirrors the import tendencies and displays the worldwide demand for these particular sorts of ice makers.

These factors spotlight the numerous position of the US and China within the moveable ice maker market, each as main importers and exporters. The variability in HSN codes signifies a spread of merchandise being traded, catering to completely different market wants and specs.

Greatest Moveable Ice Maker Statistic by Rank

#1. Frigidaire EFIC189 Compact Ice Maker (general greatest)

Options are 15*11*14.5 inches, generates 26 kilos of bullet measurement ice in 24 hours (1 glass of ice simply in 10 minutes), and the price of this system is $169 out there at Amazon.