India Catering Equipment Market (2024-2030) | Share, Outlook, Companies, Growth, Value, Forecast, Trends, Analysis, Size, Industry & Revenue

Market Forecast By Type (Cooking Equipment, Food Handling Equipment, Refrigeration Equipment, Food Preparation Equipment, Other), By Application (Full-service Restaurants & Hotels, Quick-service Restaurants, Pubs, Caterers), By Sales Channel (Manufacturer/Distributor/Service Provider, Aftermarket) And Competitive Landscape

Product Code: ETC040985 Publication Date: Aug 2023 Updated Date: May 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Catering Equipment Market Competition 2023

India Catering Equipment market currently, in 2023, has witnessed an HHI of 1485, Which has decreased slightly as compared to the HHI of 1581 in 2017. The market is moving towards highly competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.

 India Catering Equipment Market Competition 2023

India Export Potential Assessment For Catering Equipment Market (Values in USD Thousand)


India Export Potential Assessment For Catering Equipment Market (Values in USD Thousand)

Topics Covered in India Catering Equipment Market Report

The India Catering Equipment Market Report thoroughly covers the market by type, application, and sales channel. The India Catering Equipment Market Outlook report provides an unbiased and detailed analysis of the ongoing India Catering Equipment Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.

India Catering Equipment Market Synopsis

India catering equipment market is expected to reach significant growth in the coming years. The growth in the catering industry, especially in the food and beverage sector, is driving the demand for catering equipment in India. The increasing number of cafes, restaurants, hotels, and other food service establishments is propelling the need for efficient and modern catering equipment.

According to 6Wresearch, the India Catering Equipment Market size is projected to rise at a CAGR of 4% during 2024-2030. One of the major drivers of the Indian catering equipment market is the rising disposable income and changing consumer preferences. Moreover, government initiatives such as β€œMake in India” and β€œAtmanirbhar Bharat” are also expected to boost the growth of the catering equipment market in India. These initiatives aim to promote domestic manufacturing and reduce import dependency, providing opportunities for local manufacturers to increase their production of catering equipment.

However, there are also some challenges faced by the Indian catering equipment market. The high cost of catering equipment and maintenance services can be a hindrance for small-scale food service establishments. Additionally, the lack of skilled labour to operate advanced catering equipment can also pose a challenge for the India Catering Equipment Market growth.

Catering Equipment Market in India: Leading Players

Key players in the Indian catering equipment market include well-known global brands such as Hobart, Rational AG, Manitowoc Foodservice Equipment Pvt Ltd, and Middleby Corporation. These companies offer a wide range of products such as refrigerators, ovens, dishwashers, and other kitchen equipment. They have a strong presence in India and are constantly innovating to cater to the diverse needs of their customers.

India Catering Equipment Industry: Government Initiatives

The Indian government has taken several initiatives to support the growth of the catering equipment market. One such initiative is the 'Make in India' campaign, which aims to promote domestic manufacturing and boost the country's economy. This has led to an increase in investments by both domestic and international companies, further propelling the growth of the market.Another government initiative that has positively impacted the catering equipment market is the implementation of Goods and Services Tax (GST).

Future Insights of the Market

India catering equipment market is witnessing significant growth due to changing consumer preferences, government initiatives, and advancements in technology. With a focus on domestic manufacturing and sustainability, this market is expected to continue its growth trajectory in the coming years. Furthermore, the increasing demand for catering services and rise in food delivery platforms will also drive the demand for catering equipment in India. Manufacturers and suppliers must keep up with these trends to stay competitive in this rapidly growing market.

Market Segmentation by Type

According to Saurav, Senior Research Analyst, 6Wresearch, among the different types of catering equipment available in the market, cooking equipment has emerged as the dominant segment due to its high demand and usage in commercial kitchens. This includes equipment such as ovens, stoves, fryers, grills, and tandoors, which are essential for preparing a variety of dishes in large quantities.

Market Segmentation by Application

The full-service restaurants & hotels segment is currently the largest application category in the India catering equipment market. This can be attributed to the growing hospitality and tourism industry in India, leading to an increase in the number of hotels and restaurants.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year: 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • India Catering Equipment Market Outlook
  • Market Size of India Catering Equipment Market, 2023
  • Forecast of India Catering Equipment Market, 2030
  • Historical Data and Forecast of India Catering Equipment Revenues & Volume for the Period 2020-2030
  • India Catering Equipment Market Trend Evolution
  • India Catering Equipment Market Drivers and Challenges
  • India Catering Equipment Price Trends
  • India Catering Equipment Porter's Five Forces
  • India Catering Equipment Industry Life Cycle
  • Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Type for the Period 2020-2030
  • Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Cooking Equipment for the Period 2020-2030
  • Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Food Handling Equipment for the Period 2020-2030
  • Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Refrigeration Equipment for the Period 2020-2030
  • Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Food Preparation Equipment for the Period 2020-2030
  • Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Other for the Period 2020-2030
  • Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Application for the Period 2020-2030
  • Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Full-service Restaurants & Hotels for the Period 2020-2030
  • Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Quick-service Restaurants for the Period 2020-2030
  • Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Pubs for the Period 2020-2030
  • Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Caterers for the Period 2020-2030
  • Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Sales Channel for the Period 2020-2030
  • Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Manufacturer/Distributor/Service Provider for the Period 2020-2030
  • Historical Data and Forecast of India Catering Equipment Market Revenues & Volume By Aftermarket for the Period 2020-2030
  • India Catering Equipment Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Sales Channel
  • India Catering Equipment Top Companies Market Share
  • India Catering Equipment Competitive Benchmarking By Technical and Operational Parameters
  • India Catering Equipment Company Profiles
  • India Catering Equipment Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Type

  • Cooking Equipment
  • Food Handling Equipment
  • Refrigeration Equipment
  • Food Preparation Equipment
  • Other

By Application

  • Full-Service Restaurants & Hotels
  • Quick-Service Restaurants
  • Pubs
  • Caterers

By Sales Channel

  • Manufacturer/Distributor/Service Provider
  • Aftermarket
India Catering Equipment Market (2024-2030): FAQs
India Catering Equipment Market size is projected to rise at a CAGR of 4% during 2024-2030.
One of the primary drivers for the growth of the catering equipment market in India is the increasing adoption of technology. Technological advancements have led to the development of more efficient and advanced catering equipment, which has improved the overall quality and speed of food preparation. Additionally, the rise in disposable income and changing eating habits have also contributed to the growth of this market.
One of the major challenges faced by the catering equipment market in India is the high cost associated with purchasing and maintaining these equipment. This can be a significant barrier for smaller businesses or startups looking to enter the catering industry. Another challenge is the lack of proper infrastructure and skilled labor in certain regions, which can hinder the growth of the market.
Key players in the Indian catering equipment market include well-known global brands such as Hobart, Rational AG, Manitowoc Foodservice Equipment Pvt Ltd, and Middleby Corporation.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 India Catering Equipment Market Overview
3.1 India Country Macro Economic Indicators
3.2 India Catering Equipment Market Revenues & Volume, 2020 & 2030F
3.3 India Catering Equipment Market - Industry Life Cycle
3.4 India Catering Equipment Market - Porter's Five Forces
3.5 India Catering Equipment Market Revenues & Volume Share, By Type, 2020 & 2030F
3.6 India Catering Equipment Market Revenues & Volume Share, By Application, 2020 & 2030F
3.7 India Catering Equipment Market Revenues & Volume Share, By Sales Channel, 2020 & 2030F
4 India Catering Equipment Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 India Catering Equipment Market Trends
6 India Catering Equipment Market, By Types
6.1 India Catering Equipment Market, By Type
6.1.1 Overview and Analysis
6.1.2 India Catering Equipment Market Revenues & Volume, By Type, 2020-2030F
6.1.3 India Catering Equipment Market Revenues & Volume, By Cooking Equipment, 2020-2030F
6.1.4 India Catering Equipment Market Revenues & Volume, By Food Handling Equipment, 2020-2030F
6.1.5 India Catering Equipment Market Revenues & Volume, By Refrigeration Equipment, 2020-2030F
6.1.6 India Catering Equipment Market Revenues & Volume, By Food Preparation Equipment, 2020-2030F
6.1.7 India Catering Equipment Market Revenues & Volume, By Other, 2020-2030F
6.2 India Catering Equipment Market, By Application
6.2.1 Overview and Analysis
6.2.2 India Catering Equipment Market Revenues & Volume, By Full-service Restaurants & Hotels, 2020-2030F
6.2.3 India Catering Equipment Market Revenues & Volume, By Quick-service Restaurants, 2020-2030F
6.2.4 India Catering Equipment Market Revenues & Volume, By Pubs, 2020-2030F
6.2.5 India Catering Equipment Market Revenues & Volume, By Caterers, 2020-2030F
6.3 India Catering Equipment Market, By Sales Channel
6.3.1 Overview and Analysis
6.3.2 India Catering Equipment Market Revenues & Volume, By Manufacturer/Distributor/Service Provider, 2020-2030F
6.3.3 India Catering Equipment Market Revenues & Volume, By Aftermarket, 2020-2030F
7 India Catering Equipment Market Import-Export Trade Statistics
7.1 India Catering Equipment Market Export to Major Countries
7.2 India Catering Equipment Market Imports from Major Countries
8 India Catering Equipment Market Key Performance Indicators
9 India Catering Equipment Market - Opportunity Assessment
9.1 India Catering Equipment Market Opportunity Assessment, By Type, 2020 & 2030F
9.2 India Catering Equipment Market Opportunity Assessment, By Application, 2020 & 2030F
9.3 India Catering Equipment Market Opportunity Assessment, By Sales Channel, 2020 & 2030F
10 India Catering Equipment Market - Competitive Landscape
10.1 India Catering Equipment Market Revenue Share, By Companies, 2023
10.2 India Catering Equipment Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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