Warewashing Professional Equipment Market 2024 is expected to grow at a CAGR of 3.5%

Warewashing professional equipment is used to wash glassware, pots, dishes, and utensils that are utilized to serve or prepare food. It primarily involves the following four steps: Washing, rinsing, sanitizing, and drying. Modern warewashing professional equipment contains advanced technology components and products integrated with IoT, which offers several features that make washing more convenient. This increases the attractiveness of warewashing professional equipment among consumers. An increasing number of hotels and restaurants and stringent government laws and regulations regarding cleanliness and hygiene are major factors boosting the warewashing professional equipment market. Additionally, increasing disposable income, development of innovative products, and rising penetration of IoT devices are also expected to propel the global warewashing professional equipment market in the near future. Rising preference for e-commerce among consumers further boosts the expansion of warewashing manufacturers. However, the high cost of equipment, high maintenance cost, and rising cost of warewashing chemicals are expected to hamper the warewashing professional equipment market during the forecast period. Increasing preference for warewashing professional equipment in developing countries is also a key factor driving the market.

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The global warewashing professional equipment market has been segmented based on product type, end-user, distribution channel, and region. In terms of product type, the global market has been classified into glasswashers, dishwasher, and others. The dishwasher segment has been further sub-segmented into the hood dishwasher, pot dishwasher, rack conveyor, flight conveyor, and others. Sub-segment hood dishwasher from dishwasher segment is dominating the warewashing professional equipment market and it is expected to maintain its dominant position in the near future. Hood type dishwashers are mostly preferred by hotels, restaurants, and cafes owing to their convenience and cost-effectiveness. In terms of end-user, the warewashing professional equipment market has been divided into the catering industry, commercial, butcheries, bakeries, and others. The catering industry segment has been sub-segmented into the hotel industry, restaurants, bars, and others (home care, hospitals, etc.). The catering industry segment holds a major share of the warewashing professional equipment market, due to a rise in the number of hotels and restaurants. Furthermore, the number of bars and cafes is expected to rise in the near future. Based on distribution channel, the warewashing professional equipment market has been bifurcated into online and offline, where the offline segment has been further split into specialty stores, departmental stores, and mega retail stores. The offline segment accounted for a major share, as compared to the online segment. However, online retail stores are likely to be a highly preferred segment during the forecast period, due to a rise in preference for online shopping in recent years.

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In terms of region, the global warewashing professional equipment market has been segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Europe holds a major share of the global warewashing professional equipment market, followed by North America. Awareness about overall safety, sanitation, and hygiene among consumers and food service center owners has propelled the demand for warewashing professional equipment in these regions. However, Asia Pacific is anticipated to gain share of the global warewashing professional equipment market at a rapid pace in the near future. Rising disposable income of consumers and stringent laws enacted by governments of emerging economies, such as India and China, regarding cleanliness and hygiene are major factors driving the market. Rising standard of living and awareness about customer safety have propelled the demand for warewashing professional equipment among consumers in Middle East & Africa. The market in South America is also estimated to expand at a moderate growth rate during the forecast period, due to rise in number of food service establishment in this region.

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The global warewashing professional equipment market is fragmented, owing to the presence of several manufacturers. Competition is anticipated to increase in the near future, due to the entry of different domestic and local players in warewashing professional equipment market. Major market players profiled in the research report include Hobert, Ali Group S.r.l., Electrolux Professional, Winterhalter Gastronom GmbH, CMA Dishmachines, Miele & Cie. KG, Jackson WWS, Inc, MEIKO Maschinenbau GmbH & Co. KG, Norris Industries Pty Ltd., Royal Corporation, ONNERA GROUP, and Opus Innovation Pvt. Ltd. The report also offers the competitive landscape of key players operating in the global warewashing professional equipment market.

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