Heating up: Improving downstream demand will boost revenue, but rising imports will threaten margins

The Commercial Cooking Equipment Manufacturing industry market report contains data and analysis of the most influential current and future trends shaping the industry. IBISWorld’s in-depth industry market research is presented in a logical, user-friendly format, and provides growth and profit forecasts for a five-year outlook period.


Industry Threats & Opportunities

  • Revenue will improve slightly as the economy recovers, but harsh import competition will pressure profit margins
  • Industry operators have increased their capital spending to focus on automating their production lines
  • Improved consumer spending levels will prompt downstream demand for industry services

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    Industry Analysis & Industry Trends

    Revenue for the Commercial Cooking Equipment Manufacturing industry has recovered over the past five years following steep declines during the recession. As consumer spending increases, demand from downstream markets will follow, boosting industry revenue. However, operators will face challenges over the five years to 2021 as import competition continues to limit the industry's growth. In particular, a strengthening US dollar will make imports relatively less expensive...

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    Industry Report - Starting a New Business Chapter

    Prospective entrants will encounter many challenges that may prohibit entry to the industry. The Commercial Cooking Equipment Manufacturing industry requires substantial startup costs if new companies wish to establish large manufacturing facilities. The purchase of land, raw materials and costly machinery is necessary for operators to manufacture the diverse number of products that the industry provides, and these initial costs may be too burdensome for small-scale manufacturers to achieve success. Although increased automation has made it considerably easier to manufacture equipment without major inputs to labor, the need for skilled machine operators' blue-collar assembly line manufacturing still persists. The..

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    Additional Insights for the Commercial Cooking Equipment Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Commercial Cooking Equipment Manufacturing Industry are

  • Automation reduces costs, particularly those associated with labor
  • Having a good technical knowledge of the product
  • Provision of superior after sales service
  • IBISWorld analysts also discuss how external factors such as Demand from food services and drinking places and Consumer spending in the Commercial Cooking Equipment Manufacturing industry impact industry performance..

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    Industry Products

    What is the Commercial Cooking Equipment Manufacturing Industry?

    This industry manufactures commercial cooking equipment for end consumers such as restaurants, hotels and military establishments. Products the industry manufactures include coffee makers, fryers, microwaves, ovens and ranges, corn poppers, stoves, warmers, hot plates, steamers and water heaters. Enterprises that manufacture commercial dishwashers, refrigerators, laundry dryers and washing machines are not included in this industry.

    Industry Products
    Beverage dispensers
    Primary cooking equipment
    Serving, warming and storage equipment
    Food preparation equipment
    Industry Activities
    Manufacturing commercial fryers
    Manufacturing commercial microwaves
    Manufacturing commercial ovens
    Manufacturing commercial ranges
    Manufacturing commercial steam cookers
    Manufacturing commercial deep-fat fryers
    Manufacturing commercial coffee makers and urns
    Manufacturing commercial hot plates
    Manufacturing commercial stoves
    Manufacturing commercial food warming equipment

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from food services and drinking places
  • Consumer spending
  • Trade-weighted index
  • World price of steel
  • Corporate profit

  • Current Performance
  • Consolidation
  • Automation intensifies
  • Imports and exports rise
  • Chart: Revenue Growth

  • Industry Outlook
  • Foodservice evolution
  • Exports and imports
  • Industry employment
  • Table: Commercial Cooking Equipment Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Commercial Cooking Equipment Manufacturing Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Hotels & Motels
  • Chain Restaurants
  • Single Location Full-Service Restaurants
  • Food Service Contractors
  • Coffee & Snack Shops
  • Fast Food Restaurants

  • Key Selling Industries
  • Electrical Equipment Manufacturing
  • Hose & Belt Manufacturing
  • Laminated Plastics Manufacturing
  • Polystyrene Foam Manufacturing
  • Steel Rolling & Drawing

  • Products & Services
  • Primary cooking equipment
  • Serving, warming and storage equipment
  • Food preparation equipment
  • Beverage dispensers
  • Chart: Commercial Cooking Equipment Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
  • Household income
  • Price of equipment
  • Input costs

  • Major Markets
  • Equipment and supplies dealers
  • Exports
  • Foodservice distributors
  • Institutions and restaurants
  • Online retail
  • Cash and carry wholesalers
  • Chart: Major Market Segmentation for the Commercial Cooking Equipment Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Commercial Cooking Equipment Manufacturing

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Commercial Cooking Equipment Manufacturing Industry

  • Industry Globalization
    Major Companies
    Illinois Tool Works Inc.The Manitowoc Company, Inc.Middleby Corporation
  • Table: Illinois Tool Works Inc. - financial performance
  • Table: The Manitowoc Company, Inc. - financial performance
  • Table: Middleby Corporation - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Commercial Cooking Equipment Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Commercial Cooking Equipment Manufacturing Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Demand from food services and drinking places (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Chain Restaurants
  • Restaurants owned and directly operated by a single company
  • Fast-Casual Restaurant
  • A type of restaurant that does not offer full table service, but promises a higher quality of food and atmosphere than a fast food restaurant
  • Full-Service Restaurant
  • A food establishment where customers can be served their meal at a table, receive waiter or waitress services and typically pay at the end of the meal
  • Quick-Service Restaurant
  • A specific type of restaurant characterized both by its fast food cuisine and by minimal table service
  • Radio-Frequency Identification (Rfid)
  • A technology that tracks products from the time they leave the assembly line to the time they leave the store by releasing continuous signals from a chip
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Commercial Cooking Equipment Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Commercial Cooking Equipment Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Commercial Cooking Equipment Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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