Selbyville, Delaware, April 28, 2021 (GLOBE NEWSWIRE) -- According to latest report “Warewashing Equipment Market by Product (Boosters Heaters, Dishwashers, Glasswashers, Sinks, Conveyor Dishwashers), Solution (Detergent, Rinse Aids, Sanitizer), Sales Channel (Offline, Online), End-Use (Full-Service Restaurant, Quick Service Restaurant, Hotels, Hospitals, Schools, College and University, Prison, Theme Park), Regional Outlook, Price Trends, Competitive Market Share & Forecast 2027”, by Global Market Insights Inc., the market valuation of warewashing equipment will cross $4 billion by 2027.
The market growth is owing to the rise in demand for cleanliness products across commercial centers. Restaurants and hotels in Europe and North America are increasingly installing warewashing equipment to maintain appropriate kitchen hygiene & food safety to comply with regulations, thus supporting the market expansion.
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The warewashing equipment market faced numerous challenges led by the quick spread of COVID-19 pandemic globally during the first half of 2020. The implementation of lockdown imposed by various governments on domestic and international trade has led to a significant decline in the sales of warewashing equipment. However, the market statistics are anticipated to witness a slow growth by 2021 depending on the economic revival and containment of virus.
Europe warewashing equipment market will showcase a significant growth during the forecast period due to the increasing demand for commercial dishwashers in the region. High consumption of food in countries including the UK, Germany, Spain, Italy, and France impelled by rising tourism and hospitality industries is positively impacting the industry growth.
Players active in the warewashing equipment market are The Middleby Corporation, Miele, MEIKO, Jackson WWS, Illinois Food Equipment Group., Fujimak Corporation, ECOLAB INC., Dover Corporation, Ali Group S.r.L., and AB Electrolux. The companies are aiming at organic strategies to increase their product portfolio and influence their market position.
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Some major findings in the warewashing equipment market report include:
- Dishwashers are expected to observe a high industry expansion on account of their increasing adoption in the food service industry to reduce labor dependency. Companies offer flexible rack positions inside these commercial dishwashers, enhancing the storage capacity and convenience of access. The availability of commercial dishwashers in several types of models such as conveyor belt, flight-type, undercounter, and upright is increasing their demand in the market.
- Glasswashers are experiencing a significant demand from pubs, bars, and lounges, with a high turnover of fragile glassware. The small product footprint coupled with gentle wash options available in the equipment is supporting the market value.
- The increasing health-consciousness due to the COVID-19 pandemic has created a huge demand for dish cleaning and sanitizing solutions. Sanitizing solutions coupled with high-temperature dishwashers provide hygienic utensils for use.
- The increasing hygiene concerns and rising government regulations pertaining to food safety are driving the market progression. Newly developed sanitizers and rinse aids possess better germ protection capabilities, fragrances, and offer spotless utensils after wash.
- Warewashing rinse aids are increasingly used in dish machines to speed up the drying process and to give spotless shine to the kitchenware. These solutions are witnessing a high popularity in restaurants, pubs, and lounges where sparkling glassware is required.
Table of Contents (ToC) of the report:
Chapter 3 Warewashing Equipment Market Insights
3.1 Industry segmentation
3.2 Impact of COVID-19 on market landscape
3.2.1 Global outlook
3.2.2 Regional impact
3.2.3 Industry value chain
3.2.4 Competitive landscape
3.3 Industry ecosystem analysis
3.3.1 Product suppliers
3.3.2 Technology providers
3.3.3 System integrators
3.3.4 End use landscape
3.3.5 Distribution channel analysis
3.3.6 Vendor matrix
3.4 Technology & innovation landscape
3.5 Regulatory landscape
3.6 Industry impact forces
3.6.1 Growth drivers
3.6.2 Industry pitfalls & challenges
3.7 Growth potential analysis
3.8 Porter's analysis
3.9 PESTEL analysis
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.