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Clear Ice Makers Market Research Report: Information By Type (Flake Ice Makers, Ice Cube Makers, Nugget Ice Makers, and others), By Category (Mass-Market and Premium), By End-Use (Residential and Commercial), By Distribution Channel (Store-Based and Non-Store-Based) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) โ€“Market Forecast Till 2032


ID: MRFR/CR/7118-CR | 111 Pages | Author: Snehal Singh| November 2019

Global Clear Ice Makers Market Overview


Clear Ice Makers Market Size was valued at USD 2.44421 billion in 2023. The Clear Ice Makers Industry is projected to grow from USD 2.597461967 Billion in 2024 to USD 3.975794799 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.47% during the forecast period (2024 - 2032). Increased domestic use of transparent ice makers and the growing food service industry are the key market drivers enhancing the market growth.


Global Clear Ice Makers Market Overview


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Clear Ice Makers Market Trends



  • Thriving food & beverage industry is driving the market growth


The rapidly flourishing food & beverage industry worldwide is estimated to boost demand for clear ice makers over the coming years. Ice machines extensively produce large quantities of fresh and clear ice, including nuggets, flakes, and cubes. Clear ice is widely used in different types of beverages. Clear ice is also experiencing robust demand as it is used in processing different types of meat and seafood to maintain the freshness of various raw ingredients and final products. Increasing preferences for various types of frozen food and beverages, including frozen meat, frozen seafood, etc., due to their reliability, low cost, and sustainability is also estimated to drive sales of clear ice makers in the food retail sector. Restaurants, bars, etc., seek energy-efficient systems to reduce electricity and water consumption. Thus, manufacturers of clear ice makers are concentrating on innovating more energy-efficient appliances, which is expected to favor market growth over the forecast period. This factor drives the Market CAGR.


Additionally, significant advancements have been taking place in the healthcare industry worldwide. Owing to clear ice's effective healing and treatment features, the healthcare industry is projected to foster sales of clear ice makers over the coming decade. Clear ice cube machines are used to produce fresh, air-free, and hazard-free clear ice, which is used for storing organs for a substantial period.Also, the growing consumer preference for transparent ice cubes, bars, or chips is increasing market growth, leading to an increase in the domestic use of transparent ice makers. The market will see great opportunities in the coming years. According to research, the Market Analysis of Clear Ice Manufacturers will grow to USD 3,047.1 Million by 2027, recording a 6.27% growth rate over the forecast period. The increased demand for restaurants and domestic customers drives the market's growth. Driven by changes in consumer demands, industry participants are increasingly launching new products that adapt to the ever-changing lifestyle. Improved features at transparent ice cream Clear Ice Makers Market increase sales, driven by technological upgrades, attracting a considerable consumer base.Thus, driving the Clear Ice Makers market revenue.


Clear Ice Makers Market Segment Insights


Clear Ice Makers Type Insights


The Clear Ice Makers market segmentation, based on type, includes flake ice makers, ice cube makers, nugget ice makers, and others. The flake ice makers segment dominated the market; this is because flake ice is clear, refreshing, and melts slowly, making it ideal for a variety of applications, such as cocktails, drinks, and seafood and flake ice is clear. After all, it is made from water that is frozen very slowly. This process allows the ice crystals to form uniformly, giving flake ice its clear appearance.Moreover, Flake ice is refreshing because it melts slowly. This means that it dilutes drinks more slowly than other types of ice, which can ruin the flavor of cocktails and other beverages.


Clear Ice Makers Category Insights


The Clear Ice Makers market segmentation, based on category, includes mass-market and premium. The mass-market maker's segment dominated the market; this is because mass-market clear ice makers are more affordable and accessible than premium clear ice makers, and mass-market clear ice makers are more affordable than premium clear ice makers. This makes them a more accessible option for consumers on a budget. Moreover, mass-market clear ice makers are easier to find than premium clear ice makers. This is because they are typically sold in more stores, such as grocery stores and big-box retailers.


Clear Ice Makers End-Use Insights


Based on end-use, the Clear Ice Makers market segmentation includes residential and commercial. The commercial category held the largest share because more sports venues, hotels, restaurants, and healthcare facilities—among other food service industries—are using ICM systems.


Clear Ice Makers Distribution Channel Insights


Based on distribution channel, the Clear Ice Makers market segmentation includes Store-Based and Non-Store-Based. The store-based segment dominated the market because store-based channels are more accessible to consumers and offer a wider range of products. Store-based channels are more accessible to consumers than non-store-based channels. This is because consumers can easily find clear ice makers in stores, such as grocery stores, big-box retailers, and specialty kitchen shops. Moreover, store-based channels offer a wider range of clear ice makers than non-store-based channels. This is because stores can carry a variety of brands and models of clear ice makers, while non-store-based channels typically only carry a limited selection.


Figure1: Clear Ice Makers Market, by Distribution Channel, 2022 & 2032 (USD billion)


Clear Ice Makers Market, by Distribution Channel, 2022 & 2032


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


Clear Ice Makers Regional Insights


By Region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Clear Ice Makers market area will dominate this market, owing to technological advances and the high proportion of purchases of electronic devices among demographic groups.


Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.


Figure2: CLEAR ICE MAKERS MARKET SHARE BY REGION 2022 (%)


CLEAR ICE MAKERS MARKET SHARE BY REGION 2022


Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review


The Europe Clear Ice Makers market holds the second-largest share, primarily driven by the increasing consumer demand for convenient household appliances and the economic advancements in the Region. Further, the German Clear Ice Makers market held the largest market share, and the UK Clear Ice Makers market was the fastest-growing market in the European Region.


The Asia-Pacific Clear Ice Makers Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to rapid urbanization, and the growth of the middle-income population serves as the main engine of growth in the regional market. Moreover, China’s Clear Ice Makers market held the largest market share, and the Indian Clear Ice Makers market was the fastest-growing market in the Asia-Pacific region.


Clear Ice Makers Key Market Players & Competitive Insights


Leading market players are investing heavily in research and development to expand their product lines, which will help the Clear Ice Makers market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The Clear Ice Makers industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.


Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Clear Ice Makers industry to benefit clients and increase the market sector. The Clear Ice Makers industry has offered some of the most significant advantages in recent years. Major players in the Clear Ice Makers market, includingWelbilt Inc. (United States), Electrolux AB (Sweden), Sunpentown Inc. (USA), Hoshizaki Corporation (Japan), NewAir (USA), Igloo Products Corp. (USA), Koller Refrigeration Equipment (Hong Kong), Cornelius, Inc. (the USA), Himalyanequipment Manufacturing Co. (India), Scottish Ice Cream Machines (USA), Whynter LLC (USA), and Ice-O-Matic (USA)., and others, are attempting to increase market demand by investing in research and development operations.


GE Appliances is a home appliance manufacturer located in Louisville, Kentucky. Since 2016, Haier, a Chinese multinational company specializing in home appliances, has primarily owned it. A startup from GE Appliances FirstBuild (USA) has announced the financial phase of its Forge Clear Ice System, a home ice cream machine. FirstBuild is an online and physical entity dedicated to building, designing, and selling futuristic devices. The Forge system revolutionizes producing transparent ice with the world's first heated ice press technology.


T-Works, the largest prototyping center in India, is a Government of Telangana initiative that seeks to foster a culture of hobbyists, makers, and innovators in the country. This community is encouraged to explore and experiment without the fear of failure. As part of its efforts, T-Works has partnered with FirstBuild, an Indian prototype center, to establish FirstBuild Hyderabad in India. FirstBuild India serves as a hardware incubator, focusing on open product innovation and engaging the expanding community of manufacturers in India. Its ultimate goal is to bring smart devices and products to market.


Key Companies in the Clear Ice Makers market include

  • Welbilt Inc. (United States)

  • Electrolux AB (Sweden)

  • Sunpentown Inc. (USA)

  • Hoshizaki Corporation (Japan)

  • NewAir (USA)

  • Igloo Products Corp. (USA)

  • Koller Refrigeration & Equipment (Hong Kong)

  • Cornelius, Inc. (the USA)

  • Himalyanequipment Manufacturing Co. (India)

  • Scottish Ice Cream Machines (USA)

  • Whynter LLC (USA)

  • Ice-O-Matic (USA)


Clear Ice Makers Industry Developments


June 2019: A startup from GE Appliances FirstBuild (USA) has announced the financial phase of its Forge Clear Ice System, a home ice cream machine. FirstBuild is an online and physical entity dedicated to building, designing, and selling futuristic devices. The Forge system revolutionizes producing transparent ice with the world's first heated ice press technology.


September 2018: Telangana - T-Works signed an MOU with an Indian prototype center with FirstBuild to establish FirstBuild Hyderabad in India. FirstBuild India is a hardware incubator that aims to bring smart devices and products to market through open product innovation, involving the growing community of manufacturers from India.


Clear Ice Makers Market Segmentation


Clear Ice Makers Type Outlook



  • Flake Ice Makers

  • Ice Cube Makers

  • Nugget Ice Makers

  • others


Clear Ice Makers Category Outlook



  • Mass-Market

  • Premium


Clear Ice Makers End-Use Outlook



  • Residential

  • Commercial


Clear Ice Makers Distribution Channel Outlook



  • Store-Based

  • Non-Store-Based


Clear Ice Makers Regional Outlook




  • North America

    • US

    • Canada





  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe





  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Australia

    • Rest of Asia-Pacific





  • Rest of the World

    • Middle East

    • Africa

    • Latin America





Report Attribute/Metric Details
Market Size 2023 USD 2.44421 billion
Market Size 2024 USD 2.597461967 billion
Market Size 2032 USD 2.597461967 billion
Compound Annual Growth Rate (CAGR) 6.27% (2023-2032)
Base Year 2022
Market Forecast Period 2024-2032
Historical Data 2018- 2022
Market Forecast Units Value (USD Billion)
Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered Type, Distribution Channel, and Region
Geographies Covered North America, Europe, AsiaPacific, and the Rest of the World
Countries Covered The U.S., Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled ย Welbilt Inc. (United States), Electrolux AB (Sweden), Sunpentown Inc. (USA), Hoshizaki Corporation (Japan), NewAir (USA), Igloo Products Corp. (USA), Koller Refrigeration Equipment (Hong Kong), Cornelius, Inc. (the USA), Himalyanequipment Manufacturing Co. (India), Scottish Ice Cream Machines (USA), Whynter LLC (USA), and Ice-O-Matic (USA)
Key Market Opportunities Increase in the domestic use of transparent ice makers
Key Market Dynamics Growing food service industry. product innovation


Frequently Asked Questions (FAQ) :

The Clear Ice Makers market size was valued at USD 142.1 Billion in 2022.

The market is growing at a CAGR of 16.26% during the forecast period, 2023-2032.

North America had the largest share of the market

The key players in the market areWelbilt Inc. (United States), Electrolux AB (Sweden), Sunpentown Inc. (USA), Hoshizaki Corporation (Japan), NewAir (USA), Igloo Products Corp. (USA), Koller Refrigeration Equipment (Hong Kong).

The Flake Ice Makers category dominated the market in 2022.

The store-based channel had the largest share of the market.

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