Portable Ice Maker Statistics 2024

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Introduction

Portable Ice Maker Statistics: As of reports, the global market size of Portable Ice Maker is going to reach around $2410.76 million by the end of 2030 at a CAGR of 6.54% from 2022 to 2030. The ice makers are mostly applicable in commercial areas such as restaurants, hotels, convenience stores, etc so that they can enable a steady supply of ice for numerous purposes.

The market came into demand and grew significantly with the increasing consumer preferences for cold beverages during summer. This Portable Ice Maker Statistics is going to cover all essential aspects of this industry such as market shares, players, revenue share, uses, market by types, application, geography, etc.

Editor’s Choice

Market Size Projections (2029): Maximize Market Research forecasts the market size to reach around $6.65 billion by 2029, growing at a CAGR of 5.12% from 2023 to 2029. This growth indicates a strong and steady demand for ice makers in various sectors.
Dominance of Ice Cube Makers: In both market share and growth potential, ice cube makers lead the segment. Accounting for over 50% of the market, they are expected to grow at a CAGR of 6.1% by 2029. This dominance can be attributed to their widespread use in both commercial and residential settings.
Market Valuation (2023): According to Imarc market research reports, the global ice maker market is valued at $5.1 billion in 2023. This valuation reflects the current demand and the incorporation of technological advancements in ice maker manufacturing.
Long-Term Market Growth (2032): The market size is predicted to reach $7.3 billion by 2032, growing at a rate of 4.1% from 2024 to 2032. This suggests a continued expansion of the market, albeit at a slightly slower pace.
Food Service Segment’s Market Share (2023): As per Cognitive Market Research, the food service segment holds the largest market share for commercial ice makers, accounting for 40%. This is likely due to the essential role of ice makers in restaurants, cafes, and other food service establishments.
Regional Market Leader (APAC, 2028): In the Asia-Pacific region, China is expected to dominate the market with a value of $255.9 million by 2028. This leadership position can be linked to the large-scale industrial and commercial activities in China, coupled with growing hospitality and healthcare sectors.

(Reference: maximizemarketresearch.com)

What is a Portable Ice Maker?

The portable ice makers are specially designed cooling chamber system that helps in freezing water within a few minutes and can generate varying amounts of ice. The effective advantage of portable ice makers is that these devices don’t require any plumbing and installation process.

Benefits of Portable Ice Makers

The portable ice makers allow for making faster ice than a freezer does.
Enable in generating enough amount of ice for enjoying a party.
People don’t have to worry about stinky ice as ice-like freezers as this portable ice is directly prepared from a self-contained machine.
User can choose the size and shape of ice as their preference.
This ice maker does not require any water line hookup.
Lastly, the ice generated from portable ice makers is perfectly chewy.

Facts of Portable Ice Makers

According to the PR by Global Newswire, the global market size of countertop ice dispensers is going to reach $491 million by the end of 2023 and the market growth is projected to reach at a CAGR of 6.3% from 2023 to 2033.
In 2023, the market size of cooled ice makers was $1.86 billion and $3.03 billion by the end of 2033 with a CAGR of 5% in the forecast period.
The global market size of under-counter ice maker markers is expected to value around $774.5 million by 2023 and $1,135.4 million by 2033 with a CAGR of 3.9% from 2023 to 2033.
The global air-cooled cube ice maker market value is expected to be 41.68 billion by the end of 2023 and $3.63 billion by the end of 2033 with a CAGR of 8% from 2023 to 2033.
Whereas, during the same forecasted period the global commercial ice makers market size is predicted to grow at a CAGR of 3.50%.
Material used in the manufacturing of portable ice makers is metal, plastic, rubber, fiberglass, and others.

General Statistics

According to MarkNtel Advisors reports, in 2023 an innovative countertop home ice maker was launched by Wintersmiths known as Juniper. This device can generate automatic clear bar-quality ice and within 24 hours it can produce 12 large clear spheres, 12 large clear cubes, and 96 small clear cubes.
The portable ice maker market is expected to grow at a CAGR of 4.5% from 2023 to 2028.
The leading key players of the portable ice makers are Euhomy, Houzz, Frigidaire, Vremi, Manitowoc, IKICH, Maxxlce, etc.
According to the reports of Technovio, by the end of 2027, the North American region contributed a market share of 35%.
In 2023 around the world, most portable ice makers were imported from China, the United States, and South Korea.
The most portable ice makers export from the United States, India, and the Philippines

Portable Ice Marker Statistics by Type

The industry is important segmented into Ice Cube Maker, Ice Flake Maker, Ice Nugget Maker, and others.
The largest market share was achieved by the segment of portable ice cube makers accounting for more than 50% in 2023, which is expected to grow at a CAGR of 6.1% by 2029.
Whereas, the segment of Ice Flake Maker is expected to reach a CAGR of 5.3% from 2023 to 2029.
According to the reports of Global Newswire, in 2023 the global market share of Nugget Ice Maker is expected to reach up to 60% to 65%.
Whereas, by the end of 2033 the market is supposed to be $133.9 million by 2033 and the market will grow at 5.16% from 2023 to 2033.
The market of nugget ice maker market is increasing as 85% of North American people prefer drinking alcoholic beverages.

Portable Ice Marker Statistics by Application

The portable ice maker market is segmented into food service, retail, healthcare, residential, etc.
According to Maximize Market Research, the largest market share was accounted for by the food service segment with 36.84% in 2022.
As of Cognitive Market Research, as of 2023, the food service segment is accounting for the largest market for commercial ice makers with a 40% share.
From 2023 to 2030, in the ice maker market, the healthcare segment is expected to grow at a CAGR of 5.93%.

Statistics by Geography

(Source: technavio.com)

According to the reports of Data Bridge Market Research analysis, the largest market share of the portable ice maker market in the North American region is expected to reach $831.35 million by the end of 2030.
Whereas, the growth rate of the region is expected to reach a CAGR of 2.80% from 2023 to 2030.
According to the reports of Technovio, by the end of 2027, the North American region contributed a market share of 35%.
According to Data Bridge Market Research, by the end of 2029, the market valuation of portable ice makers in Europe is going to be $680.78 million
As of KBV Research reports, the market growth is going to be 4.2% of CAGR from 2022 to 2028.
According to the reports of Research and Market, the Asia Pacific portable ice market is going to grow at a CAGR of 5.4% from 2022 to 2028.
In the region of APAC by the end of 2028, the China market is dominating with a market value of $255.9 million.
The estimated market growth of Japan and India is expected to grow at a CAGR OF 4.8% and 6.1% respectively from 2022 to 2028.

Ice Maker Website Traffic by Country

(Source: similarweb.com)

As of November 2023, Mexico had a 17.99% of total traffic on icemakers.com.au.
Other countries contribution in total traffic are followed by the United States of America = 16.79% increased by 5.07%, Russia (16.56%), Australia = 15.01% (+10.11%), and Indonesia (11.68%)
Furthermore, other countries collectively made total website traffic almost 21.96%.

Portable Ice Marker Statistics by Shipments

The global market for portable ice makers, as outlined in Volza’s Global Reports 2023, shows interesting trends in import and export activities. Key insights include:

Total Imports and Market Players:

- Import Shipments: Worldwide, there were 728 shipments of portable ice makers.
- Importers and Suppliers: These shipments involved 152 importers and 136 suppliers, indicating a diverse and global supply chain.

Leading Importing Countries:

- United States: Dominates with 660 shipments, reflecting high consumer demand.
- India: Imported 19 shipments, indicating a growing market.
- Philippines: With 16 shipments, showing emerging market potential.

Primary Import Product Categories:

- HSN Codes: The top categories are HSN Code 841869, HSN Code 950670, and HSN Code 84186910. These codes represent specific types of portable ice makers and their parts, highlighting the variety and specialization in the market.

Top Exporting Countries:

- China: Leads with 678 shipments, showcasing its manufacturing strength.
- United States: Exported 23 shipments, indicating both domestic demand and export capabilities.
- South Korea: With 10 shipments, showing its role in the global market.

Major Export Product Categories:

- HSN Codes: Similar to imports, the leading categories for exports are HSN Code 841869, HSN Code 84186910, and HSN Code 950670. This mirrors the import trends and reflects the global demand for these specific types of ice makers.

These points highlight the significant role of the United States and China in the portable ice maker market, both as major importers and exporters. The variety in HSN codes indicates a range of products being traded, catering to different market needs and specifications.

Best Portable Ice Maker Statistic by Rank

#1. Frigidaire EFIC189 Compact Ice Maker (overall best)

Features are 15*11*14.5 inches, generates 26 pounds of bullet size ice in 24 hours (1 glass of ice just in 10 minutes), and the cost of this device is $169 available at Amazon.