Oceania commercial ice machine market size would be worth US$ 80.9 million in 2023. It would exceed US$ 133.9 million by 2033. Commercial ice machine demand would surge at a steady 5.1% CAGR from 2023 to 2033.
The market registered a CAGR of 3.5% between 2018 and 2022. The market currently holds around 60% to 65% of ice machine market share.
Hectic lifestyle and increased disposable income have resulted in the development of fast food chains. It has increased the need to store perishable items, mainly food ingredients and seafood.
Rising demand for chilled beverages would also propel the ice machine market in Oceania. The target market is driven by growing popularity of leading fast food restaurants. These include such as McDonald's, Subway, Starbucks, Burger King, KFC, and Pizza Hut.
Restaurants are equipped with ice machines to efficiently serve customers during peak hours. These dine-in restaurants follow self-service protocols.
They have pre-installed ice machines where customers can easily grab ice. Hence, all these factors are expected to drive the market in Australia and New Zealand.
Cold compression therapy also requires lots of ice. Increasing requirement of ice for organ and tissue implantation is responsible for growth in the Oceania ice machine industry.
Ice is extensively used in various applications in the healthcare sector. It is used in swelling treatment, physical therapy, hydration, and others.
Ice machines are also used to produce hazard-free and fresh ice for long-term organ storage. Increasing use of ice in cold compression therapy and tissue & organ transplantation would also push commercial ice machine demand in Australia & New Zealand.
Ice machines play an important role in biochemistry, biotechnology, and other medical research laboratories. These are used for storing biological samples. These also assist in the transport of these samples to other facilities.
Rising demand for energy-efficient ice machines in the healthcare industry would drive sales. Sustainable and energy-efficient commercial ice maker machines are used to reduce water and electricity consumption.
| Attributes | Key Insights |
|---|---|
| Oceania Commercial Ice Machine Market Estimated Size (2023E) | US$ 80.9 million |
| Projected Market Valuation (2033F) | US$ 133.9 million |
| Value-based CAGR (2023 to 2033) | 5.1% |
| Collective Value Share: Top Players (2022A) | 50% to 60% |
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Commercial ice machine manufacturers in Oceania are focused on supplying high-quality goods. They are striving to offer cost-effective service and maintenance warranties. It is supporting growth in the Oceania commercial ice machine market.
Manufacturers are concentrating on producing commercial ice makers with low power use. It might save modern consumers money on additional electricity costs. Commercial ice machines are being upgraded to fulfill demand for automated goods as science and technology advances.
Few manufacturers are concentrating on producing energy-efficient systems that would reduce total power and water use. Oceania commercial ice machine market would expand at a CAGR of 5.1% from 2023 to 2033, says Future Market Insights (FMI).
Leading Commercial Ice Crusher Companies to Focus on Sustainable Equipment Launches
Principal Consultant
High Possibility of Water Leakage Might Hamper Demand for Commercial Ice Makers
| Country | Australia |
|---|---|
| Market Share (2023) | 65.9% |
| Market Share (2033) | 63.3% |
| BPS Analysis | (-) 260 |
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Ice Manufacturing Industry in Oceania to Opt for Under Counter Machines
Based on machine type, the under counter ice maker sub-segment would hold a significant share of more than 35% during the forecast period. It falls under the free-standing category.
Countertop ice makers are designed to fit under the counter. These are considered to be the best choice for most bars, coffee shops, and small restaurants based on their compatibility.
Commercial under the counter ice machine manufacturers are introducing new products. They are equipping their products with improved durability, water efficiency, and ice productivity.
Ice Cube Dealers to Exhibit High Demand in Oceania amid Surging Usage in Healthcare Facilities
Based on ice type, cube ice category would dominate the target market. Cube ice is used in any kind of food preparation. These are available in small and medium sizes as per requirements.
Rising usage of ice cubes in hotels and restaurants for non-alcoholic and alcoholic beverages is paving a new way for growth. Such factors are appealing to customers, which alternatively help in market expansion.
Ice cubes have been useful in the healthcare sector. These are used to accelerate healing and prevent acne. These are also used as a remedy to relieve swelling by reducing blood flow to the injured area.
Need for Large Commercial Ice Machines to Soar among Beverage Manufacturers
Demand for beverages is rising across Australia & New Zealand. Summers are getting hotter & longer in these countries as a result of global warming.
People are increasingly inclined toward cold drinks rather than hot beverages. It has further increased the demand for ice in these countries.
Consumers prefer ice in almost every type of drink. These include alcoholic beverages, juices & juice concentrates, and functional drinks. It would propel growth in the Oceania ice maker market.
For instance, from 2019 to 2020, non-alcoholic beverage consumption accounted for around 22.6% of per capita daily consumption. The Australian Bureau of Statistics indicated a push toward specialty beverages prior to the pandemic.
Market participants are constantly looking for innovative methods to enhance their reach in the industry. They are building new strategic relationships with local players or suppliers.
They are also engaging in product innovations to attain new levels of efficiency. It would help leading players to reduce operational expenses.
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| Attribute | Details |
|---|---|
| Estimated Market Size (2023) | US$ 80.9 million |
| Projected Market Valuation (2033) | US$ 133.9 million |
| Value-based CAGR (2023 to 2033) | 5.1% |
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | Value (US$ million) |
| Countries Covered | Australia, New Zealand |
| Key Segments Covered | Machine Type, End Use, Ice Capacity, Condensing Unit, Ice Type, Country |
| Key Companies Profiled | Hoshizaki; Ali Group S.r.l.; Brema Ice Makers; Berkshire Hathaway, Inc.; Electrolux Professional; Vogt Ice; Stuart Ice Makers; Manitowoc; Follett Products, LLC; Bromic Group Pty Ltd (Bromic Refrigeration); Polar Refrigeration; Icetro Co. Ltd.; New Aim Pty Ltd.; Other Players (As per request) |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The market is valued at US$ 80.9 million in 2023.
The market is anticipated to expand at a 5.1% CAGR through 2033.
Rising demand for chilled beverages is driving market growth.
From 2018 to 2022, the market expanded at a 3.5% CAGR.
Beverage services are the key end-user in the market.
1. Executive Summary | Oceania Commercial Ice Machine Market
1.1. Market Overview
1.2. Summary of Key Statistics
1.3. Summary of Key Findings
1.4. Product Evolution Analysis
1.5. PMR Analysis and Recommendations
2. Market Overview
2.1. Market Coverage/Taxonomy
2.2. Market Definition/Scope/Limitations
3. Key Market Trends
3.1. Key Trends Impacting the Market
3.1.1. Rise in Energy Efficient Ice Machines
3.1.2. Technological Advancement Drives the Growth
3.1.3. Players in the Market are Focusing on Mergers, Acquisitions & Partnerships
3.1.4. Increase in Consumer Preference Towards Cold Drinks
3.2. Product Innovation Trends
4. Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Volume (Units) Projections, 2023 to 2033
4.3. Y-o-Y Growth Trend Analysis
5. Market - Pricing Analysis
5.1. Pricing Analysis By Capacity
5.2. Average Pricing Analysis Benchmark
6. Market Demand (in Value or Size in US$ Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033
6.1. Historical Market Value (US$ Million) Analysis, 2018 to 2022
6.2. Current and Future Market Value (US$ Million) Projections, 2023 to 2033
6.2.1. Y-o-Y Growth Trend Analysis
6.2.2. Absolute $ Opportunity Analysis
7. Market Background
7.1. Macro-Economic Factors
7.1.1. GDP Growth Outlook
7.1.2. Industry Value Added
7.1.3. Refrigerator Market Outlook
7.1.4. Consumer Spending Outlook
7.1.5. Per Capital Spending Outlook
7.1.6. E-Commerce Industry Outlook
7.1.7. Urbanization Growth Outlook
7.1.8. Other Key Macro-Economic Factors
7.2. Forecast Factors - Relevance & Impact
7.2.1. Top Companies Historical Growth
7.2.2. Population Growth Outlook
7.2.3. GDP Growth Rate Analysis
7.2.4. Contribution to GDP & Employment
7.2.5. Urbanization Growth Outlook
7.2.6. Manufacturing Sector GVA
7.2.7. Per Capita Disposable Income
7.2.8. Other Key Forecast Factors
7.3. Industry Value and Supply Chain Analysis
7.4. PESTLE Analysis of Market
7.5. Porter’s Five Forces Analysis of Market
7.6. Market Dynamics
7.6.1. Drivers
7.6.2. Restraints
7.6.3. Opportunity Analysis
8. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Machine Type
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Million) Analysis By Machine Type, 2018 to 2022
8.3. Current and Future Market Size (US$ Million) Analysis and Forecast By Machine Type, 2023 to 2033
8.3.1. Modular/ Built-in
8.3.2. Free-standing
8.3.2.1. Under Counter
8.3.2.2. Countertop
8.3.2.3. Combination (Ice / Water)
8.4. Market Attractiveness Analysis By Machine Type
9. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Ice Capacity
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Million) and Volume Analysis By Ice Capacity, 2018 to 2022
9.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Ice Capacity, 2023 to 2033
9.3.1. 1500 lbs Above
9.3.2. 500 to 1500 lbs
9.3.3. 50 to 500 lbs
9.3.4. 0 to 50 lbs
9.4. Market Attractiveness Analysis By Ice Capacity
10. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Condensing Unit
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Million) and Volume Analysis By Condensing Unit, 2018 to 2022
10.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Condensing Unit, 2023 to 2033
10.3.1. Water Cooled
10.3.2. Air Cooled
10.3.3. Remote Air Cooled
10.4. Market Attractiveness Analysis By Condensing Unit
11. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by End Use
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Million) and Volume Analysis By End Use, 2018 to 2022
11.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By End Use, 2023 to 2033
11.3.1. Hotels and Restaurant
11.3.2. Beverage Service
11.3.2.1. Juice Bars
11.3.2.2. Cocktail Bars
11.3.2.3. Dairy
11.3.3. Cafeteria
11.3.4. Commercial Canteens and Catering
11.3.4.1. Government and Private Offices
11.3.4.2. Educational Institutions
11.3.4.3. Railway / Ship Canteen
11.3.4.4. Hospital Canteens
11.3.5. Healthcare Facilities
11.3.6. Food Carts / Food Trucks
11.3.7. Ice Cream Outlets
11.3.8. Convenience Stores and On-the-Go Restaurants
11.3.9. Fast Food Restaurants
11.4. Market Attractiveness Analysis By End Use
12. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Ice Type (% of Demand)
12.1. Introduction / Key Findings
12.2. Historical Market Size (US$ Million) and Volume Analysis By Ice Type, 2018 to 2022
12.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Ice Type, 2023 to 2033
12.3.1. Cube Ice
12.3.2. Flake Ice
12.3.3. Cublet Ice
12.4. Market Attractiveness Analysis By Ice Type
13. Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Country
13.1. Introduction
13.2. Historical Market Size (US$ Million) and Volume (Units) Analysis by Country, 2018 to 2022
13.3. Current Market Size (US$ Million) and Volume (Units) Analysis and Forecast by Country, 2023 to 2033
13.3.1. Australia
13.3.2. New Zealand
13.4. Market Attractiveness Analysis by Country
14. Market Analysis 2018 to 2022 and Forecast 2023 to 2033
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018 to 2022
14.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033
14.4.1. By Country
14.4.1.1. Australia
14.4.1.2. New Zealand
14.4.2. By Machine Type
14.4.3. By Ice Capacity
14.4.4. By Condensing Unit
14.4.5. By End Use
14.4.6. By Ice Type
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Machine Type
14.5.3. By Ice Capacity
14.5.4. By Condensing Unit
14.5.5. By End Use
14.5.6. By Ice Type
15. Market Structure Analysis
15.1. Market Analysis by Tier of Companies (Commercial Ice Machine)
15.2. Market Concentration
15.3. Market Share Analysis of Top Players
15.4. Market Presence Analysis
15.4.1. By Country Footprint of Players
15.4.2. Product Footprint by Players
15.4.3. Channel Footprint by Players
16. Competition Analysis
16.1. Competition Dashboard
16.2. Pricing Analysis by Competition
16.3. Competition Benchmarking
16.4. Competition Deep Dive
16.4.1. Hoshizaki
16.4.1.1. Overview
16.4.1.2. Product Portfolio
16.4.1.2.1. Cube Ice
16.4.1.2.2. Flake Ice
16.4.1.2.3. Cublet Ice
16.4.1.3. Profitability by Market Segments (Product/Channel/Region)
16.4.1.4. Sales Footprint
16.4.1.5. Strategy Overview
16.4.1.5.1. Marketing Strategy
16.4.1.5.2. Product Strategy
16.4.1.5.3. Channel Strategy
16.4.2. Ali Group S.r.l
16.4.2.1. Overview
16.4.2.2. Product Portfolio
16.4.2.2.1. Cube Ice
16.4.2.2.2. Flake Ice
16.4.2.2.3. Cublet Ice
16.4.2.3. Profitability by Market Segments (Product/Channel/Region)
16.4.2.4. Sales Footprint
16.4.2.5. Strategy Overview
16.4.2.5.1. Marketing Strategy
16.4.2.5.2. Product Strategy
16.4.2.5.3. Channel Strategy
16.4.3. Brema Group S.p.A
16.4.3.1. Overview
16.4.3.2. Product Portfolio
16.4.3.2.1. Cube Ice
16.4.3.2.2. Flake Ice
16.4.3.2.3. Cublet Ice
16.4.3.3. Profitability by Market Segments (Product/Channel/Region)
16.4.3.4. Sales Footprint
16.4.3.5. Strategy Overview
16.4.3.5.1. Marketing Strategy
16.4.3.5.2. Product Strategy
16.4.3.5.3. Channel Strategy
16.4.4. Berkshire Hathaway, Inc.
16.4.4.1. Overview
16.4.4.2. Product Portfolio
16.4.4.2.1. Cube Ice
16.4.4.2.2. Flake Ice
16.4.4.2.3. Cublet Ice
16.4.4.3. Profitability by Market Segments (Product/Channel/Region)
16.4.4.4. Sales Footprint
16.4.4.5. Strategy Overview
16.4.4.5.1. Marketing Strategy
16.4.4.5.2. Product Strategy
16.4.4.5.3. Channel Strategy
16.4.5. Electrolux Professional
16.4.5.1. Overview
16.4.5.2. Product Portfolio
16.4.5.2.1. Cube Ice
16.4.5.2.2. Flake Ice
16.4.5.2.3. Cublet Ice
16.4.5.3. Profitability by Market Segments (Product/Channel/Region)
16.4.5.4. Sales Footprint
16.4.5.5. Strategy Overview
16.4.5.5.1. Marketing Strategy
16.4.5.5.2. Product Strategy
16.4.5.5.3. Channel Strategy
16.4.6. Vogt Ice
16.4.6.1. Overview
16.4.6.2. Product Portfolio
16.4.6.2.1. Cube Ice
16.4.6.2.2. Flake Ice
16.4.6.2.3. Cublet Ice
16.4.6.3. Profitability by Market Segments (Product/Channel/Region)
16.4.6.4. Sales Footprint
16.4.6.5. Strategy Overview
16.4.6.5.1. Marketing Strategy
16.4.6.5.2. Product Strategy
16.4.6.5.3. Channel Strategy
16.4.7. Stuart Ice Makers
16.4.7.1. Overview
16.4.7.2. Product Portfolio
16.4.7.2.1. Cube Ice
16.4.7.2.2. Flake Ice
16.4.7.2.3. Cublet Ice
16.4.7.3. Profitability by Market Segments (Product/Channel/Region)
16.4.7.4. Sales Footprint
16.4.7.5. Strategy Overview
16.4.7.5.1. Marketing Strategy
16.4.7.5.2. Product Strategy
16.4.7.5.3. Channel Strategy
16.4.8. Manitowoc (Pentair Group’s Company)
16.4.8.1. Overview
16.4.8.2. Product Portfolio
16.4.8.2.1. Cube Ice
16.4.8.2.2. Flake Ice
16.4.8.2.3. Cublet Ice
16.4.8.3. Profitability by Market Segments (Product/Channel/Region)
16.4.8.4. Sales Footprint
16.4.8.5. Strategy Overview
16.4.8.5.1. Marketing Strategy
16.4.8.5.2. Product Strategy
16.4.8.5.3. Channel Strategy
16.4.9. FOLLETT PRODUCTS, LLC.
16.4.9.1. Overview
16.4.9.2. Product Portfolio
16.4.9.2.1. Cube Ice
16.4.9.2.2. Flake Ice
16.4.9.2.3. Cublet Ice
16.4.9.3. Profitability by Market Segments (Product/Channel/Region)
16.4.9.4. Sales Footprint
16.4.9.5. Strategy Overview
16.4.9.5.1. Marketing Strategy
16.4.9.5.2. Product Strategy
16.4.9.5.3. Channel Strategy
16.4.10. Grant Ice Systems
16.4.10.1. Overview
16.4.10.2. Product Portfolio
16.4.10.2.1. Cube Ice
16.4.10.2.2. Flake Ice
16.4.10.2.3. Cublet Ice
16.4.10.3. Profitability by Market Segments (Product/Channel/Region)
16.4.10.4. Sales Footprint
16.4.10.5. Strategy Overview
16.4.10.5.1. Marketing Strategy
16.4.10.5.2. Product Strategy
16.4.10.5.3. Channel Strategy
16.4.11. Bromic Group Pty Ltd (Bromic Refrigeration)
16.4.11.1. Overview
16.4.11.2. Product Portfolio
16.4.11.2.1. Cube Ice
16.4.11.2.2. Flake Ice
16.4.11.2.3. Cublet Ice
16.4.11.3. Profitability by Market Segments (Product/Channel/Region)
16.4.11.4. Sales Footprint
16.4.11.5. Strategy Overview
16.4.11.5.1. Marketing Strategy
16.4.11.5.2. Product Strategy
16.4.11.5.3. Channel Strategy
16.4.12. Polar Refrigeration
16.4.12.1. Overview
16.4.12.2. Product Portfolio
16.4.12.2.1. Cube Ice
16.4.12.2.2. Flake Ice
16.4.12.2.3. Cublet Ice
16.4.12.3. Profitability by Market Segments (Product/Channel/Region)
16.4.12.4. Sales Footprint
16.4.12.5. Strategy Overview
16.4.12.5.1. Marketing Strategy
16.4.12.5.2. Product Strategy
16.4.12.5.3. Channel Strategy
16.4.13. Icetro Co. Ltd.
16.4.13.1. Overview
16.4.13.2. Product Portfolio
16.4.13.2.1. Cube Ice
16.4.13.2.2. Flake Ice
16.4.13.2.3. Cublet Ice
16.4.13.3. Profitability by Market Segments (Product/Channel/Region)
16.4.13.4. Sales Footprint
16.4.13.5. Strategy Overview
16.4.13.5.1. Marketing Strategy
16.4.13.5.2. Product Strategy
16.4.13.5.3. Channel Strategy
16.4.14. Itv Ice Makers Inc.
16.4.14.1. Overview
16.4.14.2. Product Portfolio
16.4.14.2.1. Cube Ice
16.4.14.2.2. Flake Ice
16.4.14.2.3. Cublet Ice
16.4.14.3. Profitability by Market Segments (Product/Channel/Region)
16.4.14.4. Sales Footprint
16.4.14.5. Strategy Overview
16.4.14.5.1. Marketing Strategy
16.4.14.5.2. Product Strategy
16.4.14.5.3. Channel Strategy
16.4.15. Others (As Per Request)
16.4.15.1. Overview
16.4.15.2. Product Portfolio
16.4.15.2.1. Cube Ice
16.4.15.2.2. Flake Ice
16.4.15.2.3. Cublet Ice
16.4.15.3. Profitability by Market Segments (Product/Channel/Region)
16.4.15.4. Sales Footprint
16.4.15.5. Strategy Overview
16.4.15.5.1. Marketing Strategy
16.4.15.5.2. Product Strategy
16.4.15.5.3. Channel Strategy
17. Assumptions and Acronyms Used
18. Research Methodology
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Oceania Commercial Ice Machine Market
