According to a new report published by Allied Market Research, titled, “commercial undercounter dishwasher market by product, end-user, and distribution channel: global opportunity analysis and industry forecast, 2021–2030,” the global commercial undercounter dishwasher market size was valued at $2,864.0 million in 2020, and is projected to reach $4,072.7 million by 2030, registering a CAGR of 3.8% from 2021 to 2030.
Furthermore, rise in number of foodservice entities such as restaurants, catering units, hotels, cafeterias, and similar units is fueling the commercial undercounter dishwasher demand. Moreover, increase in number of medium and small-sized restaurants is a major growth driver of the global market, as undercounter dishwasher serves the budget, space limitations, and cleaning needs of these restaurants. According to the National Restaurant Association, 12.5 million restaurants were operating in the U.S. in 2020, out of which 90% restaurants have less than 50 employees that indicates the small- and medium-sized restaurants. Around 70% of the restaurants have single-unit operations.
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outbreak of the COVID-19
The outbreak of the COVID-19 disease in 2020 hampered the commercial undercounter dishwasher market growth. The globe faced complete lockdown situation and travelling restricts imposed by the government in order to curb the spread of the virus. The major end-users of commercial undercounter dishwasher such as hotels and restaurants remained closed for long. This drastically reduced the demand for the commercial undercounter dishwasher industry in 2020.
Regional Outlook 2021–2030 :-
The global commercial undercounter dishwasher market is segmented on the basis of product, end-user, distribution channel, and region. On the basis of product the commercial undercounter dishwasher market is bifurcated into high temperature and low temperature. By end-user, it is segregated into hotels, restaurants, and others. On the basis of distribution channel, it is segregated into supermarket/hypermarket, specialty stores, and online sales channel. Region wise, it is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
The key players profiled in this report include :-
AB Electrolux, Ali Group SRL, CMA Dishmachine, Fisher & Paykel Appliances, Inc., Illinois Tool Works, Inc., JLA Ltd., Jacksons WWS, Inc., Miele & Cie KG, The Clarke Associates Co., and Winterhalter Gastronom GmbH.
The Study Will Help the Readers-
1. Acknowledge the complete market dynamics.
2. Inspect the competitive scenario along with the future market landscape with the help of different strictures such as Porter’s five forces and parent/peer market.
3. Understand the impact of government regulations during the Covid-19 pandemic and evaluate the market throughout the global health crisis.
4. Consider the portfolios of the major market players operational in the market coupled with the comprehensive study of the products and services they offer.
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The report crafted by AMR on the commercial undercounter dishwasher market doles out a wide-ranging study of global market share, key determinants of the growth, country-level stance, segmental assessment, market prospects, and the major trends.
Porter’s five forces model, on the other hand, cites the efficacy of buyers & sellers, which is important to help the market players implement fruitful stratagems. Furthermore, the research study includes
- Threat of new competitors
- Threat of new stand-ins
- Bargaining clout of suppliers as well as consumers
- Rivalry among key players
3. An explicit analysis of the driving and restraining factors of the global commercial undercounter dishwasher market is also provided in the report.
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