February 16, 2022
According the research report titled ‘Warewashing Equipment Market Size, By Product (Boosters Heaters, Dishwashers, Glasswashers, Sinks, Conveyor Dishwashers), By Solution (Detergent, Rinse Aids, Sanitizer), By Sales Channel (Offline, Online), By End-Use (Full-Service Restaurant, Quick Service Restaurant, Hotels, Hospitals, Schools, College and University, Prison, Theme Park), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027’, available with MarketStudyReport, warewashing equipment market is touted to record a healthy growth rate during the forecast period 2021-2027.
Accelerated development of food service sector, rising awareness about better hygiene in schools, and increasing application of glasswashers, and rising penetration of detergents in commercial sites are fostering global warewashing equipment market growth.
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Warewashing involves the cleaning of wares utilized in the preparation and service of food. This includes trays, kitchenware, serving pans, glasses, cutlery, flatware, pans, and pots. The washing process starts with the collection of the dirty items at a given site, followed by prepping wherein extra debris is scraped off before washing and rinsing. A critical step is the sanitization at the end of the process.
Based on product type, the glasswashers segment is anticipated to record 3% CAGR over the forecast timeframe, creditable to surging product demand from end-users to clean grease and stains, and abide by hygiene standards.
In terms of solution, detergents segment will garner strong demand in the future, creditable to necessity of powerful dishwashing detergents in commercial sites for deep cleaning of metal utensils and kitchenware.
With respect to sales channel, warewashing equipment industry from online segment is anticipated to register significant growth through 2027 as this medium offers products at lower prices to the customer by eliminating the need for intermediary agents.
Considering end-use spectrum, the schools segment reached a valuation of over USD 200 million in 2020 and is anticipated to exhibit strong growth trends in the upcoming years. Escalating demand for better hygiene levels while serving food to students is supporting the segmental expansion.
From a regional frame of reference, Latin America market is touted to progress at a strong rate through 2027, mainly fueled by rapidly progressing food service sector.
Speaking of the competitive landscape, Meiko Maschinenbau GmbH & Co. KG, JLA, Jackson WWS Inc., Hatco Corp., Fujimak Corp., Ecolab Inc., Dover Corp., Ali Group S.r.l., and Electrolux AB are among the major players influencing worldwide warehousing equipment market trends.