Tube Ice Machine Market size is poised to exceed USD 600 Million by the end of 2036, registering over 5.7% CAGR during the forecast period i.e., between 2024-2036. In the year 2023, the industry size of tube ice machine is estimated at USD 390 Million.
The primary function of tube ice machines is to produce cylindrical, long segments of ice that are frequently employed in the commercial and retail sectors for freezing and refrigeration. Tube ice devices are frequently employed by supermarkets, convenience stores, restaurants, and other establishments to maintain the freshness and low temperature of their food in display cabinets, refrigerators, and freezers. The ice cubes produced by the tube ice generator are uniform in shape and are effortless to store and transport. They are appropriate for locations that necessitate a substantial quantity of ice crystals.
The expansion of the food service sector and a surge in demand from diverse industries are among the main factors that contribute to the tube ice machine market growth. For instance, TUBE 5TON, a specialized machine that is specifically designed for commercial and extensive enterprises. It is engineered to generate millions of ice cubes through entirely automated operation. The ice molds are prepared for reuse in the renewal procedure within 15 minutes. It is perceived by hotels and bar-type establishments. It is under the Tamutom trademark and assurance.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
5.7% |
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Base Year Market Size (2023) |
USD 390 Million |
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Forecast Year Market Size (2036) |
USD 600 Million |
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Regional Scope |
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Type (Small Tube, Medium Tube, Large Tube)
Medium tubes segment in the tube ice machine market is poised to exceed USD 301 Million by 2036. Medium tube ice machines are versatile, and meant to have many applications, and are used in various sectors like Food, beverage, fisheries, pharmaceuticals, and construction. Medium tube ice machines may also produce small to big amounts of ice due to their moderate to high output capacity. Large industrial tube ice machines have a greater footprint than medium-sized ones. This makes them ideal for restaurants, pubs, convenience stores, and small food processors with little space. According to a study, Ice-making machines may require less frequent cleaning, but their maintenance is important to proper performance compared to open ice chests.
End Use (Food Processing, Medical Industry, Chemical Industry, Hospitality)
Food processing segment is likely to account for around 35% tube ice machine market share by 2036. This segment requires large quantities of tube ice for processes like seafood preservation, meat processing, and these tube ice machines are also used for beverage packaging. Tube ice machines has extensive use in the food processing industry for applications such as cooling, preservation, and transportation of perishable goods that drive the tube ice machine market growth.
Moreover, tube ice machines can hygienically produce ice, meeting the stringent quality and safety standards required by the food processing industry. With the increasing global population and changing consumer preferences, there is a rising demand for processed food products.
Hospitality and fast food grew 7% globally in 2019. Americans 18yrs and older were surveyed about their quick-service restaurant consumption in 2016 and found out that 20% of respondents dine out at quick-service restaurants once a week, while 18% do frequently.
Our in-depth analysis of the global tube ice machine market includes the following segments:
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Type |
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End Use |
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APAC Market Statistics
Asia Pacific in tube ice machine market is expected to dominate over 40% revenue share by 2036. Population growth, rapid urbanization, and rising purchasing power in the region are driving the market, Also, Asia's population is expected to reach 6,682 million or 6,679,660,582 by 2036.
In China, shifting consumer preferences, increased disposable incomes, and the desire for storing consumable products like groceries rising the use of Ice making machines. Fuzhou Thermojinn International Trading Co., Ltd. manufactures of refrigeration equipment and ice makers at three 45,000-square-meter factories in Shengzhou, Zhejiang, Taizhou, Jiangsu, and Chongqing tends to drive the tube ice machine market growth.
Large fast-food businesses in South Korea are adopting more ice machines, driving industry expansion. A Korean firm, launched ice maker machines including RMN-A035 that has 13/Kg ice bin capacity and eco-friendly R-404A refrigerant that are safe from ozone-depleting substances thus, driving the industry demand.
North America Market Analysis
The North America region will also encounter huge growth for the tube ice machine market during the forecast period and will hold the second position owing to the increasing frequency of obesity in this region. A strong economy, advanced technologies, and increasing demand from food services, healthcare, retail, and other industries are driving market expansion. Additionally, companies like Manitowoc Co Inc. offer new, high-quality ice machines that are widely known for their performance and dependability, fuelling tube ice machine market expansion.
Restaurants, hotels, and bars in the US need significant amounts of ice, and commercial ice manufacturing machines make it easy and efficient. For instance, TUBE 10, an ice making machine with water-contacting sections being stainless steposesel SUS304 or SUS316.This generates ice in tubes with outside dimensions of 22, 29, 35, and 41 mm thus, such machines help satisfy customer demand.
The HUBERT Kratos 69K-904 Full Dice Undercounter Ice Machine produces massive amounts of ice for fast-paced food service operations. This 22"L x 21"W x 32 3/4"H ice machine can handle big amounts of goods with its 120 lb. daily output capacity and 35 lb. bin storage capacity. The ice machine market grows because such machines meet customer need for cooling solutions in Canada.
A few of companies have cornered the tube ice machine market and they're using tactics like mergers and acquisitions to further solidify their position.
Author Credits: Richa Gupta
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