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Bespoke Units Market by End User (High Production Kitchen, Starred Restaurants, Commercial Bars & Restaurants, and Premium Cafés): Opportunity Analysis and Industry Forecast, 2018–2025

CO_195344
Pages: 70
Jun 2019 | 984 Views
 
Author(s) : Sumesh Kumar & Roshan Deshmukh
Tables: 21
Charts: 11
 

Bespoke Units Market Outlook - 2025

Bespoke units can be defined as a set of equipment that can be customized according to the needs or requirements of the customer. The customization can vary from color to outright drastic changes to the design of the unit such as dimensions, decals, and detailing. Bespoke is a common sight in commercial kitchens, large restaurant establishments, hotels, and canteens. Bespoke units apart from being aesthetically pleasing are also functionally superior as they are customized for the buyers. The bespoke units market size was valued at $213.9 million in 2018, and is expected to garner $357.2 million by 2025, registering a CAGR of 7.6% from 2018 to 2025. The starred restaurants category in the end user segment was the highest contributor to the global bespoke units market share, with $88.1 million in 2018, and is estimated to reach $145.5 million by 2025, at a CAGR of 7.4% during the bespoke units forecast period.

Rise in the number of luxury food outlets, starred hotels, and large canteens drives the growth of the bespoke unit market. In addition, the growth of the bespoke units market is also supplemented by diversification in culinary activities such as adoption of different type of cooking equipment. Additionally, the trend of having open kitchens in food outlets coupled with growing demands from professional chefs for ergonomic kitchen setup also boost the growth of the bespoke units market. However, high installation cost that attracts only a limited number of customers restraints the market growth. Conversely, rise in popularity of cooking shows and celebrity chefs has changed the traditional perspective of kitchen into an entertainment center as open plan kitchens have made way for kitchens that are not only functional but are also esthetically pleasing. TV shows based on cooking are changing the perspective toward cooking. Cooking today has been considered as artistry, which is now a major factor in the overall dining experience. All the above factors coupled with increase in affinity of people toward technically advanced products are expected to provide lucrative opportunities for the growth of the bespoke units market. Bespoke pantries and larders have been the most popular options while designing custom kitchens and has contributed to the growth of this market. In addition, customization around kitchens that resembles naked kitchen built around greenery has been quite popular.

Bespoke Units Market

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The bespoke units market is segmented based on end user and country. Based on end user, the market is segmented into high production kitchens, starred restaurants, commercial bars & restaurants, and premium cafés. On the basis of country, the market has been studied across France, Iberia, UK, Benelux, Germany, Italy, and Emirates.

Bespoke Units Market by End User

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According to the bespoke units market analysis, in 2018, the starred restaurants category in the end user segment contributed the largest share in the bespoke unit market. Rise in disposable income among people and frequent travels have been the major driver for the starred restaurants category in the end user segment of the bespoke units market. However, the high production kitchens segment was the fastest growing segment in 2018 with a CAGR of 8.1% throughout the forecast period. High premium cafés have become very common with the advent of globalization. As people have become busier the dependency on fast food has gone up significantly. The market of this category in the end user segment of bespoke units market is driven by increase in affinity of consumer to opt for fast food for nutrition.

In 2018, Italy was the prominent country with the highest share of 34.6% in the bespoke units market. This was attributed to Italy being one of the major tourist attractions with an established food and hospitality industry. The number of quick-service restaurants, premium full-service restaurants, cafés, and luxury hotels and canteens has been witnessing considerable growth over the past few years. Additionally, hospitality in Italy is consolidating its ownership and corporate structure. The demand for luxury hotels has grown substantially owing to international travels. The Italy units market is driven by rise in demand for customized food equipment by chefs in big hotels and large restaurants and canteens. Emirates region is expected to grow at the highest CAGR throughout the forecast period. This is due to Emirates becoming a regional trading and tourism hub over the years. The food & beverages sector in this region has also been growing steadily over the years and the number of restaurants and café have also increased. The Emirates units market has rapidly expanding tourism and strong consumer demand for eating out. The demand for diversified and innovative cuisines have increased over the years due to increased frequency of international travel in the country. The market for this region is driven by increase in number of food chains and starred hotels in which professional chefs demand customized equipment.

Bespoke Units Market by Country

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The players in the bespoke unit market have been utilizing partnership as the key strategy to overcome competition and increase or maintain their stance in the market. The key players profiled in the report include Molteni, Maestro, Marrone, and Athanor.

Key Benefits for Bespoke Units Market:

  • The report provides a quantitative analysis of the current bespoke units market trends, estimations, and dynamics of the market size from 2017 to 2025 to identify the prevailing bespoke units market opportunities.
  • The key countries in all the major regions are mapped based on their bespoke units market share.
  • In-depth analysis and the size and segmentation assists in determining the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global bespoke units industry. 
  • The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the bespoke units market players.

Bespoke Units Market Segments:

By End User 

  • High Production Kitchen
  • Starred Restaurants
  • Commercial Bars & Restaurants 
  • Premium Cafés

By Country

  • France Units Market
  • Iberia Units Market
  • UK Units Market
  • Benelux Units Market
  • Germany Units Market
  • Italy Units Market
  • Emirates Units Market
 

CHAPTER 1:    INTRODUCTION

1.1.    Report description
1.2.    Key benefits for stakeholders
1.3.    Key market segments
1.4.    Research methodology

1.4.1.    Primary research
1.4.2.    Secondary research
1.4.3.    Analyst tools and models

CHAPTER 2:    EXECUTIVE SUMMARY

2.1.    Key findings

2.1.1.    Top investment pockets

2.2.    CXO perspective

CHAPTER 3:    MARKET OVERVIEW

3.1.    Market definition and scope
3.2.    Market Share Analysis
3.3.    Market dynamics

3.3.1.    Drivers

3.3.1.1.    Rise in the number of luxury hotels and growth in hospitality sector
3.3.1.2.    Diversification in culinary activities

3.3.2.    Restraint

3.3.2.1.    High cost

3.3.3.    Opportunities

3.3.3.1.    Technological advancements and effect of TV media

3.4.    End User Need and Perceptions

CHAPTER 4:    BESPOKE UNIT MARKET, BY END USER

4.1.    Overview
4.2.    High production kitchens

4.2.1.    Key market trends, growth factors, and opportunities
4.2.2.    Market size and forecast, by country

4.3.    Starred restaurants

4.3.1.    Key market trends, growth factors, and opportunities
4.3.2.    Market size and forecast, by country

4.4.    Commercial bar & restaurant

4.4.1.    Key market trends, growth factors, and opportunities
4.4.2.    Market size and forecast, by country

4.5.    Premium cafés

4.5.1.    Key market trends, growth factors, and opportunities
4.5.2.    Market size and forecast, by country

CHAPTER 5:    BESPOKE UNIT MARKET, BY COUNTRY

5.1.    Overview
5.2.    France units market

5.2.1.    Key market trends, growth factors, and opportunities
5.2.2.    Market size and forecast, by end user

5.3.    Iberia units market

5.3.1.    Key market trends, growth factors, and opportunities
5.3.2.    Market size and forecast, by end user

5.4.    UK units market

5.4.1.    Key market trends, growth factors, and opportunities
5.4.2.    Market size and forecast, by end user

5.5.    Benelux units market

5.5.1.    Key market trends, growth factors, and opportunities
5.5.2.    Market size and forecast, by end user

5.6.    Germany units market

5.6.1.    Key market trends, growth factors, and opportunities
5.6.2.    Market size and forecast, by end user

5.7.    Italy units market

5.7.1.    Key market trends, growth factors, and opportunities
5.7.2.    Market size and forecast, by end user

5.8.    Emirates units market

5.8.1.    Key market trends, growth factors, and opportunities
5.8.2.    Market size and forecast, by end user

CHAPTER 6:    COMPANY PROFILES

6.1.    ATHANOR (GRANDE CUISINE LIMITED)

6.1.1.    Company overview
6.1.2.    Company snapshot
6.1.3.    Product portfolio
6.1.4.    Key strategies

6.1.4.1.    Regional presence
6.1.4.2.    Clients
6.1.4.3.    Key Developments

6.1.5.    Pain point analysis

6.2.    MAESTRO (BONNET INTERNATIONAL)

6.2.1.    Company overview
6.2.2.    Company snapshot
6.2.3.    Product portfolio
6.2.4.    Key strategies

6.2.4.1.    Regional Presence

6.2.5.    Pain point analysis

6.3.    MARRONE SRL

6.3.1.    Company overview
6.3.2.    Company snapshot
6.3.3.    Product portfolio
6.3.4.    Business performance
6.3.5.    Key strategies

6.3.5.1.    Regional Presence
6.3.5.2.    Product offering

6.3.6.    Pain Point Analysis

6.4.    MOLTENI & C SPA

6.4.1.    Company overview
6.4.2.    Company snapshot
6.4.3.    Product portfolio
6.4.4.    Key strategies

6.4.4.1.    Regional presence
6.4.4.2.    Product offering

6.4.5.    Pain point analysis

LIST OF TABLES

TABLE 01.    BESPOKE UNIT MARKET, BY END USER, 2018-2025 ($MILLION)
TABLE 02.    HIGH PRODUCTION KITCHENS, BY COUNTRY 2018-2025 ($MILLION)
TABLE 03.    STARRED RESTAURANTS, BY COUNTRY, 2018-2025 ($MILLION)
TABLE 04.    COMMERCIAL BAR & RESTAURANT, BY COUNTRY, 2018-2025 ($MILLION)
TABLE 05.    PREMIUM CAFÉS, BY COUNTRY, 2018-2025 ($MILLION)
TABLE 06.    BESPOKE UNIT MARKET, BY COUNTRY, 2018-2025 ($MILLION)
TABLE 07.    FRANCE UNIT MARKET, BY END USER, 2018-2025 ($MILLION)
TABLE 08.    IBERIA UNIT MARKET, BY END USER, 2018-2025 ($MILLION)
TABLE 09.    UK UNIT MARKET, BY END USER, 2018-2025 ($MILLION)
TABLE 10.    BENELUX UNIT MARKET, BY END USER, 2018-2025 ($MILLION)
TABLE 11.    GERMANY UNIT MARKET, BY END USER, 2018-2025 ($MILLION)
TABLE 12.    ITALY UNIT MARKET, BY END USER, 2018-2025 ($MILLION)
TABLE 13.    ENIRATES UNIT MARKET, BY END USER, 2018-2025 ($MILLION)
TABLE 14.    ATHANOR: COMPANY SNAPSHOT
TABLE 15.    ATHANOR: PRODUCT PORTFOLIO
TABLE 16.    MAESTRO: COMPANY SNAPSHOT
TABLE 17.    MAESTRO: PRODUCT PORTFOLIO
TABLE 18.    MARRONE SRL: COMPANY SNAPSHOT
TABLE 19.    MARRONE SRL: PRODUCT PORTFOLIO
TABLE 20.    MOLTENI: COMPANY SNAPSHOT
TABLE 21.    MOLTENI: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.    KEY MARKET SEGMENTS
FIGURE 02.    TOP INVESTMENT POCKETS
FIGURE 03.    BESPOKE UNITS: MARKET SHARE ANALYSIS
FIGURE 04.    DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 05.    END USER NEED AND PERCEPTION
FIGURE 06.    BESPOKE UNIT MARKET, BY END USER 2018
FIGURE 07.    BESPOKE UNIT MARKET, BY COUNTRY 2018
FIGURE 08.    ATHANOR: PAIN POINT ANALYSIS
FIGURE 09.    MAESTRO: PAIN POINT ANALYSIS
FIGURE 10.    MARRONE SRL: PAIN POINT ANALYSIS
FIGURE 11.    MOLTENI: PAIN POINT ANALYSIS

 
 

The bespoke unit market in 2018 was valued at $213.9 million in 2018 and is predicted to reach $357.2 million in 2025 growing at a CAGR of 7.6% from 2018 to 2025.

Bespoke units are a set of equipment that can be customized according to the requirements of the customer. The customizations can range from minor changes in color to drastic changes, which may include changes in dimension, decals, and detailing. Based on the interviews of various top-level CXOs of leading companies, the increase in sale of bespoke units is driven by rise in number of luxury food outlets, starred hotels, and large canteens. Moreover, the growth of the bespoke units market is also supplemented by diversification in culinary activities such as adoption of different type of cooking equipment. Additionally, the trend of having open kitchens in food outlets coupled with growing demands from professional chefs for ergonomic kitchen setup has also added to the growth of bespoke units.

However, higher installation cost of equipment is anticipated to restrain their adoption. Irrespective of these challenges, technological advancements in bespoke equipment is expected to provide lucrative opportunities for the market growth in the coming years.

 

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