UK Countertop Ice Makers Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.54 Billion |
| Market Size (2029) | USD 1.86 Billion |
| CAGR (2024 - 2029) | 3.65 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
UK Countertop Ice Makers Market Analysis
The UK Countertop Ice Makers Market size is estimated at USD 1.54 billion in 2024, and is expected to reach USD 1.86 billion by 2029, growing at a CAGR of 3.65% during the forecast period (2024-2029).
The supply of packaged food items had observed an increase globally, as the majority of these food items are perishable soring them creates demand for ice in residential as well as commercial use which creates demand for the ice makers market. Sales of Meat Items and Frozen food products in the United Kingdom are observing a continuous increase leading to the demand for Portable ice makers for storage and the sales of these products.
With the advent of Covid-19 as most of the population in the United Kingdom was restricted to home people started changing their shopping behavior to buy in bulk their food necessities, raising issues over the storage of these items and demand for countertop ice makers. Revenue from the beverage industry in the United Kingdom observed a significant jump with the advent of covid, raising demand for ice cubes which significantly had an impact on the sales of Ice Maker Machines.
As the distorted global supply chain of food is recovering globally, demand for their preservation is also arising. The revenue from the refrigerator segment in the United Kingdom is existing at a constant level, making countertop ice machines as an option for satisfying the rising need for ice cubes in the country.
UK Countertop Ice Makers Market Trends
Rising Food And Beverage Industry In United Kingdom
The United Kingdom's food Industry is having an international presence and even after the negative Impact of Brexit and Covid restrictions on the industry, it is observing positive growth. Soft drinks and alcoholic drinks are among the major segments creating the demand for ice cubes in beverages. Observing a decline in revenue from alcohol during the covid period, with recovery it is observing a continuous increase rising to a revenue of USD 57 billion last year with wine and beer existing as the major source of revenue.
Alcohol, Fresh food, vegetables, and soft drinks observed the largest increase in purchases during the Covid period creating a positive externality for Ice Makers' machines with a decline in revenue from the freezer segment post covid economic recovery.
Rising Demand For Ice Maker In Commercial Space
In restaurants, ice makers are used for different purposes which include making the taste of drinks better with various ice cubes designed for cocktails and iced coffee. Other than it provides commercial facilities for making 24*7 availability of ice cubes and keeping food fresh for a long time. Markt size of the Restaurant industry in the United Kingdom reached around GBP 78 Billion last year leading to an increase in food and beverage consumption with rising demand for ice maker machines.
As the output of Countertop Ice Makers is usually greater than modular and under-counter types Ice makers, their commercial adoption is observing a significant rise over the years whether it is for Offices or Hospital space in the United Kingdom. Observing a continuous increase in the number of Hospitals to 2.06 thousand last year, the demand for Ice makers from commercial space is expected to have positive growth.
UK Countertop Ice Makers Industry Overview
Commercial Space in the United Kingdom exists as the segment creating a significant demand for Ice Makers. Different Ice varieties requirement in Hospitals, restaurant, and residential sector is leading to more features being added to the Countertop Ice Maker Machine. Firms are competing with each other for occupying the existing and upcoming market shares of Ice Maker in the Market by providing them with news and advanced features. Some of the existing players in the United Kingdom Countertop Ice makers are Tefcold, Nisbets, Cooks Professional, Geepas, Polar Refrigeration, and others.
UK Countertop Ice Makers Market Leaders
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Tefcold
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Nisbets
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Cooks Professional
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Geepas
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Polar Refrigeration
*Disclaimer: Major Players sorted in no particular order
UK Countertop Ice Makers Market News
- On July 2023, Ecozy, a global leading home appliance brand released a compact & powerful nugget ice maker capable of making 40% smaller size and a 37% larger ice production capacity than existing conventional models. The product observed a rising demand as the food services, beverage, and hotel industries have witnessed a significant surge in demand for nugget ice machines post-COVID.
- On January 2022, in Europe, there was an acquisition of the Italian commercial ice-maker manufacturer, Brema, by the Japanese OEM Hoshizaki. The acquisition is being carried out through Hoshizaki's European subsidiary, Hoshizaki Europe Holdings. Brema is known for its high-quality countertop ice makers and has a strong presence in the United Kingdom market. This acquisition is expected to strengthen Hoshizaki's position in the European market and expand its product offerings to better serve its customers.
UK Countertop Ice Makers Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising GDP of United Kingdom driving the Market
4.2.2 Greater Output of Countertop Ice Maker is driving the Market
4.3 Market Restraints
4.3.1 Freezers and refrigerator market affecting Ice Maker Market
4.3.2 Rise in Price of Electrical Appliance In United Kingdom
4.4 Market Opportunities
4.4.1 Rising Food and Beverage Industry driving the Market
4.4.2 Rise in Commercial Space driving the demand of Ice Maker
4.5 Industry Attractiveness - Porters' Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitutes
4.5.5 Intensity of Competitive Rivalry
4.6 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Application
5.1.1 Food Service
5.1.2 Hospital
5.1.3 Household
5.2 By Distribution Channel
5.2.1 Online
5.2.2 Offline
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Tefcold
6.2.2 Nisbets
6.2.3 Cooks Professional
6.2.4 Geepas
6.2.5 Polar Refrigeration
6.2.6 Brema Ice
6.2.7 Ecozy
6.2.8 Duronic
6.2.9 Klarstein
6.2.10 Scotsman*
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. DISCLAIMER
UK Countertop Ice Makers Industry Segmentation
Countertop ice makers make ice at an alarmingly fast rate and provide the size, shape, and clarity the user wants. It exists as a portable machine and by unplugging it and draining the water via a small plug or tube it can be taken to a friend's house or into the office.
UK Countertop Ice Makers Market is segmented by Application (Foodservice, Hospital, Household), and by distribution channel (Online, Offline). The report offers market size and values in (USD million) during the forecasted years for the above segments.
| By Application | |
| Food Service | |
| Hospital | |
| Household |
| By Distribution Channel | |
| Online | |
| Offline |
UK Countertop Ice Makers Market Research Faqs
How big is the UK Countertop Ice Makers Market?
The UK Countertop Ice Makers Market size is expected to reach USD 1.54 billion in 2024 and grow at a CAGR of 3.65% to reach USD 1.86 billion by 2029.
What is the current UK Countertop Ice Makers Market size?
In 2024, the UK Countertop Ice Makers Market size is expected to reach USD 1.54 billion.
Who are the key players in UK Countertop Ice Makers Market?
Tefcold, Nisbets, Cooks Professional, Geepas and Polar Refrigeration are the major companies operating in the UK Countertop Ice Makers Market.
What years does this UK Countertop Ice Makers Market cover, and what was the market size in 2023?
In 2023, the UK Countertop Ice Makers Market size was estimated at USD 1.49 billion. The report covers the UK Countertop Ice Makers Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the UK Countertop Ice Makers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
UK Countertop Ice Makers Industry Report
Statistics for the 2024 UK Countertop Ice Makers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. UK Countertop Ice Makers analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
