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France Cooking Equipment Market by Size of Equipment (700 Series, 800 Series and 900 Series), End User (Full-Service Restaurants, Institutional Canteen, Hotels & Resorts, Quick Service Restaurants, and Others), and Tier Type (Entry Level (600-700), Mid-level (700-800) and High Level (800-900)): Opportunity Analysis and Industry Forecast, 2018–2025

CO_195334
Pages: 75
Jun 2019 | 781 Views
 
Author(s) : Sumesh Kumar , Roshan Deshmukh
Tables: 19
Charts: 24
 

France Cooking Equipment Market Outlook: 2025

The France cooking equipment market size was valued at $60.7 million in 2018,and is expected to grow at a CAGR of 2.1% to reach $70.4 million by 2025. Cooking equipment is popularly used in restaurants, hotels, and fast-food centers. In addition, they facilitate easy preparation and preservation of food.

Commercial cooking equipment are easy to operate, safe & secure, avoid expensive breakdowns, provide improved functionality and efficiency, scale back every kind of wastage, and help save energy. There has been an increase in the demand for commercial cooking equipment over the past decade as new product-types and innovative cooking styles have permeated the food industry. The France cooking equipment market has constantly evolved in the recent years. Rise in preference for quick service restaurants over full service restaurants has been identified as an important driver for growth of the market. Change in food habits and busy lifestyle of consumers have led to increase in demand for ready-to-eat meals. Busy lifestyle of consumers and change in food habits have augmented the demand for ready-to-eat meals. Furthermore, the rise in number of restaurants and hotels is attributed to rapid urbanization and globalization, which in turn is expected to boost the growth of the commercial cooking equipment market. In addition, rapid changes in the supporting factors such as disposable income, consumer preferences, increase in working women population, and digitization have resulted in rise in number of quick-service, pop & shop, and other types of restaurants. However, volatile prices of raw materials and higher installation cost of equipment are anticipated to hamper the growth of the France cooking equipment industry.

 France Cooking Equipment Market

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The France cooking equipment market is segmented by size of equipment, end user, and tier-type. Based on size of equipment, the market is divided into 700 series, 800 series, and 900 series. By end user, it is segmented into full-service restaurants, institutional canteen, hotels & resorts, quick service restaurants and others. According to tier-type, the market is classified into entry level (600-700), mid-level (700-800), and high level (800-900).

 France Cooking Equipment Market by size equipment

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In 2018, the 800 series category accounted for the highest revenue in the France cooking equipment market share and is expected to maintain its dominance throughout the forecast period. This is attributed to the widespread application of such equipment in food service industries. In addition, increase in the number of quick service restaurants and rise in inclination of people to opt for convenient food drive the market growth of this segment.

However, the 700 series segment is estimated to have the highest CAGR of 2.6% through 2018-2025. This growth is attributed to the rise in the consumption of fried food from small food outlets and quick service restaurants. Also, the rise in the working population coupled with an increase in the disposable income in the country boost the growth of the food & beverage industry, which in turn positively impacts the growth of cooking equipment of various size including the 700 series.

France Cooking Equipment Market by end user

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In 2018, based on end user, the institutional canteen category held the highest share in the France cooking equipment market owing to an increase in the demand for prepared food in public places and institutions due to busy lifestyle of people and rise in the disposable income of people. However, the quick service restaurants segment is estimated to witness the fastest CAGR growth of 3.4% through the France cooking equipment forecast period. There is a rise in the demand for quick service restaurants due to the increase in demand for fresh, tasty, and appealing food available at an affordable cost. Moreover, changes in lifestyle and increase in affinity of the consumers toward fast food also boosts the market growth.

France Cooking Equipment Market by tier type

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In 2018, based on tier type segment, the mid-level category is expected to experience growth at the fastest CAGR of 3.4% owing to the higher application of this segment in the quick service restaurants as well as some of the full service restaurants. Furthermore, the growth in the hospitality sector has also added to the popularity of this category.

Launch of eco-friendly and energy efficient cooking equipment for commercial kitchen due to stringent government regulations related to emission controls and the concerns of depletion of natural resources such as LPG and others, are anticipated to open new avenues for the manufacturers, thereby driving the France cooking equipment market growth.

The key players operating in the France cooking equipment market focus on expansion as the prominent strategy to overcome competition and to maintain as well as improve their market share. The key players profiled in the report include Bonnet International, Charvet, Sofinor, Ali Group, Capic, and AB Electrolux.

Key Benefits for France Cooking Equipment Market:

  • The report provides a quantitative analysis of the current market estimations, trends, and dynamics of the market size from 2018 to 2026 to identify the prevailing France cooking equipment market opportunities.
  • The key countries in all the major regions are mapped based on the market share and France cooking equipment market trends.
  • In-depth analysis of the France cooking equipment market segment and size assists to determine the prevailing France cooking equipment market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global industry.
  • Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players.
  • The report includes the France cooking equipment market analysis, key players, market application areas, market size, and market growth.

France Cooking Equipment Key Market Segments:

By Size of Equipment

  • 700 Series
  • 800 Series
  • 900 Series

By End User

  • Full-Service Restaurants
  • Institutional Canteen
  • Hotels & Resorts
  • Quick Service Restaurants
  • Others

By Tier Type

  • Entry Level (600-700)
  • Mid-level (700-800)
  • High Level (800-900)
 

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.    Growth of the hospitality industry
3.3.1.2.    Rise in preference for quick service restaurants

3.3.2.    Restraint

3.3.2.1.    High cost

3.3.3.    Opportunities

3.3.3.1.    Advancements in technology

CHAPTER 4:    FRANCE COOKING EQUIPMENT MARKET BY SIZE OF EQUIPMENT

4.1.    Overview

4.1.1.    Market size and forecast

4.2.    700 Series

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

4.3.    800 Series

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

4.4.    900 Series

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

CHAPTER 5:    FRANCE COOKING EQUIPMENT MARKET BY END USER

5.1.    Overview

5.1.1.    Market size and forecast

5.2.    Full-service restaurants

5.2.1.    Key market trends, growth factors and opportunities
5.2.2.    Market Size and Forecast

5.3.    Institutional canteens

5.3.1.    Key market trends, growth factors and opportunities
5.3.2.    Market Size and Forecast

5.4.    Hotels and resorts

5.4.1.    Key market trends, growth factors and opportunities
5.4.2.    Market Size and Forecast

5.5.    Quick service restaurants

5.5.1.    Key market trends, growth factors and opportunities
5.5.2.    Market Size and Forecast

5.6.    Others

5.6.1.    Key market trends, growth factors and opportunities
5.6.2.    Market Size and Forecast

CHAPTER 6:    FRANCE COOKING EQUIPMENT MARKET BY TIER TYPE

6.1.    Overview

6.1.1.    Market size and forecast

6.2.    Entry level (600-700)

6.2.1.    Key market trends, growth factors and opportunities
6.2.2.    Market Size and Forecast

6.3.    Mid-level (700-800)

6.3.1.    Key market trends, growth factors and opportunities
6.3.2.    Market Size and Forecast

6.4.    High level (800-900)

6.4.1.    Key market trends, growth factors and opportunities
6.4.2.    Market Size and Forecast

CHAPTER 7:    COMPANY PROFILES

7.1.    AB ELECTROLUX

7.1.1.    Company overview
7.1.2.    Company snapshot
7.1.3.    Operating business segments
7.1.4.    Product portfolio
7.1.5.    Business performance
7.1.6.    Key strategic moves and developments

7.2.    ALI GROUP SRL

7.2.1.    Company overview
7.2.2.    Company snapshot
7.2.3.    Operating business segments
7.2.4.    Product portfolio
7.2.5.    Key strategic moves and developments

7.3.    CAPIC SAS

7.3.1.    Company overview
7.3.2.    Company snapshot
7.3.3.    Operating business segments
7.3.4.    Product portfolio

7.4.    CHARVET PREMIER RANGES LTD.

7.4.1.    Company overview
7.4.2.    Company snapshot
7.4.3.    Product portfolio

7.5.    ILLINOIS TOOL WORKS INC. (ITW) (BONNET INTERNATIONAL)

7.5.1.    Company overview
7.5.2.    Company snapshot
7.5.3.    Operating business segments
7.5.4.    Product portfolio
7.5.5.    Business performance

7.6.    SOFINOR

7.6.1.    Company overview
7.6.2.    Company snapshot
7.6.3.    Product portfolio

LIST OF TABLES

TABLE 01.    FRANCE COOKING EQUIPMENT MARKET, BY SIZE OF EQUIPMENT
TABLE 02.    FRANCE COOKING EQUIPMENT MARKET, BY END USER
TABLE 03.    FRANCE COOKING EQUIPMENT MARKET, BY TIER TYPE, 2017-2025
TABLE 04.    AB ELECTROLUX: COMPANY SNAPSHOT
TABLE 05.    AB ELECTROLUX: OPERATING SEGMENTS
TABLE 06.    AB ELECTROLUX: PRODUCT PORTFOLIO
TABLE 07.    ALI GROUP SRL: COMPANY SNAPSHOT
TABLE 08.    ALI GROUP SRL: OPERATING SEGMENTS
TABLE 09.    ALI GROUP SRL: PRODUCT PORTFOLIO
TABLE 10.    CAPIC SAS: COMPANY SNAPSHOT
TABLE 11.    CAPIC SAS: OPERATING SEGMENTS
TABLE 12.    CAPIC SAS: PRODUCT PORTFOLIO
TABLE 13.    CHARVET PREMIER RANGES LTD.: COMPANY SNAPSHOT
TABLE 14.    CHARVET PREMIER RANGES LTD.: PRODUCT PORTFOLIO
TABLE 15.    ITW: COMPANY SNAPSHOT
TABLE 16.    ITW: OPERATING SEGMENTS
TABLE 17.    ITW: PRODUCT PORTFOLIO
TABLE 18.    SOFINOR: COMPANY SNAPSHOT
TABLE 19.    SOFINOR: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.    KEY MARKET SEGMENTS
FIGURE 02.    TOP INVESTMENT POCKETS
FIGURE 03.    FRANCE COOKING EQUIPMENT: MARKET SHARE ANALYSIS
FIGURE 04.    DRIVERS, RESTRAINTS AND OPPORTUNITIES
FIGURE 05.    FRANCE COOKING EQUIPMENT MARKET, BY SIZE OF MARKET 2018
FIGURE 06.    FRANCE 700 SERIES COOKING EQUIPMENT MARKET, 2017-2025
FIGURE 07.    FRANCE 800 SERIES COOKING EQUIPMENT MARKET, 2017-2025
FIGURE 08.    FRANCE 900 SERIES COOKING EQUIPMENT MARKET, 2017-2025
FIGURE 09.    FRANCE COOKING EQUIPMENT MARKET, BY END USER 2018
FIGURE 10.    FRANCE COOKING EQUIPMENT MARKET FOR FULL-SERVICE RESTAURANTS, 2017-2025
FIGURE 11.    FRANCE COOKING EQUIPMENT MARKET FOR INSTITUTIONAL CANTEENS, 2017-2025
FIGURE 12.    FRANCE COOKING EQUIPMENT MARKET FOR HOTELS AND RESTAURANTS, 2017-2025
FIGURE 13.    FRANCE COOKING EQUIPMENT MARKET FOR QUICK SERVICE RESTAURANTS, 2017-2025
FIGURE 14.    FRANCE COOKING EQUIPMENT MARKET FOR OTHERS, 2017-2025
FIGURE 15.    FRANCE COOKING EQUIPMENT MARKET, BY TIER TYPE 2018
FIGURE 16.    FRANCE ENTRY LEVEL (600-700) COOKING EQUIPMENT MARKET, 2017-2025
FIGURE 17.    FRANCE MID-LEVEL (700-800) COOKING EQUIPMENT MARKET, 2017-2025
FIGURE 18.    FRANCE HIGH LEVEL (800-900) COOKING EQUIPMENT MARKET, 2017-2025
FIGURE 19.    AB ELECTROLUX: NET SALES, 2016–2018 ($MILLION)
FIGURE 20.    AB ELECTROLUX: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 21.    AB ELECTROLUX: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 22.    ITW: NET SALES, 2016–2018 ($MILLION)
FIGURE 23.    ITW: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 24.    ITW: REVENUE SHARE BY REGION, 2018 (%)

 
 

The France cooking equipment market has constantly evolved in the recent years. Rise in preference for quick service restaurants over full service restaurants has been identified as an important driver for growth of the market. Change in food habits and busy lifestyle of consumers have led to increase in demand for ready-to-eat meals. Rapid changes in the supporting factors such as disposable income, consumer preferences, increase in working women population, and digitization have resulted in rise in number of quick-service, pop & shop, and other types of restaurants. This in turn drives the growth of the France cooking equipment market. Factors such as growth of hospitality industry and increase in tourism also supports the growth of this market.

However, higher installation cost of equipment and volatile prices of raw materials are anticipated to restrain their adoption. Irrespective of these challenges, launch of eco-friendly and energy efficient cooking equipment for commercial kitchen due to stringent government regulations related to emission controls and the concerns of depletion of natural resources such as LPG and others, are anticipated to open new avenues for the manufacturers, thereby driving the market growth.

 

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