Table of Contents
Market Overview
The global HoReCa Equipment Market encompasses a broad range of equipment used in the hotel, restaurant, and catering (HoReCa) industry. This includes cooking equipment, beverage equipment, refrigeration units, storage solutions, and cleaning machines.
HoReCa equipment is essential for businesses providing food and beverage services, as it allows for efficient preparation, storage, and service of meals and drinks. These items have a key and high demand.
The market is driven by the need to have the right equipment to get the job done.
Market Size and Growth
The global HoReCa Equipment Market was valued at US$ 2230 million in 2024.
It is expected to grow to US$ 2887 million by 2030.
The increase is due to the amount of new tech and what they bring.
Key Players
Those key players in the HoReCa Equipment Market are key to making the best products and what is needed.
The companies that are in the sector include:
| Company | Strengths |
|---|---|
| Ali Group | Has a large range of products and services. |
| ITW Food Equipment Group | Has a unique and new tech. |
| Southbend | Has a high amount of great reviews and customer service. |
These are key to what they do and help the sector.
Market Segmentation by Region
The HoReCa Equipment Market is segmented by geographic region.
The regions include:
| Area | Traits |
|---|---|
| North America | Has modern infrastructure and they are improving it. |
| Europe | Has a rich history of construction knowledge and good government policy |
| Asia Pacific | Has rapid infrastructure. |
These main areas are the best to put all to account as that is where the usage is. This also depends on government factors.
Market Segmentation by Type
For the HoReCa Equipment Market the key element is the product itself.
The main products are
| Type | Description |
|---|---|
| Coolers | For storing food and drinks. |
| Machines for Drinks | For making drinks. |
| Cooking Utilities | For cooking and prepping. |
They are all important for what they do.
Market Segmentation by Application
The HoReCa Equipment Market is divided by what they are used for.
They are used in the following areas:
| Name | Details |
|---|---|
| Hotel | All types of equipment are needed. |
| Restaurant | Cooking equipment is key. |
| Cafe | Machines for drinks are needed. |
They all have different needs and requirements.
Growth Drivers
The HoReCa Equipment Market key area is to get more customers.
This can be done with what the sector provides.
| Driver | What it depends on |
|---|---|
| More customers | Better growth |
If they are able to do that, they will be able to continue.
Trends and Opportunities
The global HoReCa Equipment Market is in need of trends.
These can be used to create more revenue.
| Trend | Opportunity |
|---|---|
| New Designs | More sales |
This is all for what they do and what they want.
Competitive Analysis
The global HoReCa Equipment Market is always in competition.
They must continue to innovate and create new ways to get clients.
| Factor | Influence |
|---|---|
| Good service | More buyers |
To make sure they are doing all they can.
Revenue Insights
The global HoReCa Equipment Market must keep in mind the consumer.
The more they can help them the better.
| Factor | Influence |
|---|---|
| High Brand | Consumers know it’s good |
That is what they should do to get more revenue.
Demand Forecast
The global HoReCa Equipment Market has a good demand forecast.
As long as the brand and product are good.
| Need | Result |
|---|---|
| A good product | High revenue |
FAQ
What does the Horeca Equipment Market encompass?
It includes cooking, beverage, refrigeration, storage, and cleaning equipment used in hotels, restaurants, and catering services.
What was the value of the global Horeca Equipment Market in 2024?
The global Horeca Equipment market was valued at US$ 2230 million in 2024.
What is the projected growth rate of the Horeca Equipment Market?
The market is forecast to reach US$ 2887 million by 2030, with a CAGR of 4.4% during the forecast period.
Who are the key players in the Horeca Equipment Market?
Key players include Ali Group, ITW Food Equipment Group, and Southbend.
What are the primary applications of Horeca Equipment?
The primary applications are in Hotels, Restaurants, and Cafes.
