Product Code: ETC096527 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Indonesia Ice maker Market is poised for steady growth rate improvements from 2025 to 2029. From 10.42% in 2025, the growth rate steadily ascends to 12.99% in 2029.
By 2027, the Ice maker market in Indonesia is anticipated to reach a growth rate of 11.80%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Indonesia ice maker market is projected to register a healthy CAGR of 5.8% during the forecast period, 2025-2031. The country?s growing hospitality sector and increasing demand for frozen food products are driving the growth of the market in Indonesia. Moreover, rising disposable income of consumers and changing lifestyle habits has made refrigeration equipment such as ice makers increasingly popular among households in urban areas. The flourishing tourism industry is also expected to support the growth of this market over the upcoming years.
Some of the emerging trends observed in this industry include increasing adoption and usage of residential grade freestanding ice makers by restaurants, bars, cafes etc., owing to their convenience; technological advancements in home appliances resulting increased sophistication; rising attention from health conscious consumers towards portable countertop models with less energy consumption; emergence of creative designs for under cabinet installations; and high preference towards low maintenance costs due to modular design features offered by certain brands like Hoshizaki and Manitowoc Ice Systems Incorporate (MISI).
Growing demand for beverages from fast food outlets coupled with rapid urbanization across major cities is one of the main drivers contributing to this market?s growth rate in Indonesia. This trend has been further accelerated by an influx in foreign investments boosting overall infrastructure development within these cities thus boosting demand for commercial refrigeration equipment including ice makers. Furthermore, government initiatives aimed at promoting green technology have resulted into increased acceptance rates among end users which are likely to benefit vendors offering eco-friendly solutions like those manufactured using ozone friendly R134a or R290 type coolants instead hydrofluorocarbons (HFC). Additionally, availability and easy accessibility through ecommerce platforms along with extensive product distribution networks especially across rural regions are other factors providing impetus to this industry?s performance across Indonesia over forecasted timeline.
The outbreak of the coronavirus pandemic has had a significant impact on the ice maker market in Indonesia. The effects are primarily due to restrictions placed on movement and business activities throughout the country, resulting in reduced demand for ice makers from both residential customers and commercial establishments such as restaurants, hotels, bars, etc. This has led to a decrease in production and sales within this sector as well as an increase in prices for products. Additionally, disruption of supply chains due to travel bans have also contributed to decreased availability of ice makers.
One major challenge facing the Indonesia ice maker market is its high import dependence which makes it vulnerable to global economic changes or disruptions such as pandemics like COVID-19. Additionally, there is limited access to modern technology that could help improve efficiency and reduce costs associated with production processes. As electricity can be expensive or unreliable at times in certain parts of the country, this can affect operations too. Furthermore, inadequate government policies regarding regulations pertaining to waste disposal from manufacturing facilities can lead to environmental problems if not addressed properly which could further complicate matters for producers operating within this space.
Some key players currently active within Indonesia ice maker sector include Haier Group (China), Panasonic Corporation (Japan), LG Electronics Inc.(Korea), Manitowoc Foodservice Equipment Co.(USA), Carrier Global Corporation (USA). These companies offer various types of commercial and residential grade models catering towards different customer needs ranging from small countertop units suitable home use up large industrial grade machines used by businesses such restaurants/bars/hotels etc.
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 Indonesia Ice maker Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Ice maker Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Ice maker Market - Industry Life Cycle |
3.4 Indonesia Ice maker Market - Porter's Five Forces |
3.5 Indonesia Ice maker Market Revenues & Volume Share, By Product type, 2021 & 2031F |
3.6 Indonesia Ice maker Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Indonesia Ice maker Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Ice maker Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Ice maker Market Trends |
6 Indonesia Ice maker Market, By Types |
6.1 Indonesia Ice maker Market, By Product type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Ice maker Market Revenues & Volume, By Product type, 2021-2031F |
6.1.3 Indonesia Ice maker Market Revenues & Volume, By Ice Cube Maker, 2021-2031F |
6.1.4 Indonesia Ice maker Market Revenues & Volume, By Ice Flake Maker, 2021-2031F |
6.1.5 Indonesia Ice maker Market Revenues & Volume, By Ice Nugget Maker, 2021-2031F |
6.1.6 Indonesia Ice maker Market Revenues & Volume, By Others, 2021-2031F |
6.2 Indonesia Ice maker Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Ice maker Market Revenues & Volume, By Condenser, 2021-2031F |
6.2.3 Indonesia Ice maker Market Revenues & Volume, By Evaporator, 2021-2031F |
6.2.4 Indonesia Ice maker Market Revenues & Volume, By Throttle Valve, 2021-2031F |
6.2.5 Indonesia Ice maker Market Revenues & Volume, By Compressor, 2021-2031F |
6.2.6 Indonesia Ice maker Market Revenues & Volume, By Motors, 2021-2031F |
6.2.7 Indonesia Ice maker Market Revenues & Volume, By Heating Elements, 2021-2031F |
6.3 Indonesia Ice maker Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Ice maker Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Indonesia Ice maker Market Revenues & Volume, By Commercial, 2021-2031F |
7 Indonesia Ice maker Market Import-Export Trade Statistics |
7.1 Indonesia Ice maker Market Export to Major Countries |
7.2 Indonesia Ice maker Market Imports from Major Countries |
8 Indonesia Ice maker Market Key Performance Indicators |
9 Indonesia Ice maker Market - Opportunity Assessment |
9.1 Indonesia Ice maker Market Opportunity Assessment, By Product type, 2021 & 2031F |
9.2 Indonesia Ice maker Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Indonesia Ice maker Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Ice maker Market - Competitive Landscape |
10.1 Indonesia Ice maker Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Ice maker Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |