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    Undercounter Ice Maker Market

    ID: MRFR/IA - E/37076-HCR
    100 Pages
    Varsha More
    October 2025

    Undercounter Ice Maker Market Research Report By Application (Restaurants, Bars, Cafes, Hotels, Residential), By Product Type (Modular Ice Makers, Self-Contained Ice Makers, Remote-Cooled Ice Makers), By Ice Production Capacity (Small Capacity, Medium Capacity, Large Capacity), By Distribution Channel (Online, Offline, Direct Sales) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

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    Undercounter Ice Maker Market Infographic
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    Undercounter Ice Maker Market Summary

    As per MRFR analysis, the Undercounter Ice Maker Market Size was estimated at 1.829 USD Billion in 2024. The Undercounter Ice Maker industry is projected to grow from 1.913 USD Billion in 2025 to 2.988 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 4.56 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Undercounter Ice Maker Market is experiencing robust growth driven by evolving consumer preferences and technological advancements.

    • The market is witnessing a rising demand for compact solutions, particularly in North America, which remains the largest market.
    • Integration of smart technology is becoming increasingly prevalent, enhancing user experience and operational efficiency.
    • Sustainability is a focal point, with manufacturers striving to meet energy efficiency standards and reduce environmental impact.
    • The growth of the hospitality sector and increasing consumer preference for home entertainment are key drivers propelling market expansion.

    Market Size & Forecast

    2024 Market Size 1.829 (USD Billion)
    2035 Market Size 2.988 (USD Billion)
    CAGR (2025 - 2035) 4.56%

    Major Players

    Scotsman (US), Hoshizaki (JP), Manitowoc (US), Ice-O-Matic (US), Whirlpool (US), Summit Appliance (US), Follett (US), Beverage-Air (US), Snomaster (ZA)

    Undercounter Ice Maker Market Trends

    The Undercounter Ice Maker Market is currently experiencing a notable transformation, driven by evolving consumer preferences and advancements in technology. As households and commercial establishments increasingly prioritize convenience and efficiency, the demand for compact and efficient ice-making solutions appears to be on the rise. This shift is likely influenced by a growing trend towards home entertainment and outdoor activities, where the availability of ice plays a crucial role. Furthermore, the integration of smart technology into these appliances suggests a potential for enhanced user experience, allowing for remote operation and monitoring. In addition to technological advancements, sustainability concerns are becoming more prominent within the Undercounter Ice Maker Market. Manufacturers are seemingly focusing on eco-friendly materials and energy-efficient designs, which may appeal to environmentally conscious consumers. This trend indicates a broader movement towards sustainable living, where consumers are increasingly seeking products that align with their values. As the market continues to evolve, it is essential for stakeholders to remain attuned to these shifts, ensuring that their offerings meet the changing demands of the marketplace.

    Rising Demand for Compact Solutions

    The Undercounter Ice Maker Market is witnessing a surge in demand for compact and space-saving designs. As urban living spaces become more constrained, consumers are increasingly seeking appliances that fit seamlessly into their kitchens or entertainment areas without sacrificing functionality.

    Integration of Smart Technology

    The incorporation of smart technology into ice makers is becoming a defining trend. Features such as app connectivity, remote monitoring, and automated settings are appealing to tech-savvy consumers, enhancing convenience and user experience.

    Focus on Sustainability

    Sustainability is emerging as a key consideration in the Undercounter Ice Maker Market. Manufacturers are prioritizing eco-friendly materials and energy-efficient designs, catering to a growing demographic of environmentally conscious consumers who value sustainable products.

    The demand for undercounter ice makers is anticipated to rise as consumers increasingly prioritize convenience and efficiency in their food and beverage service operations.

    U.S. Department of Energy

    Undercounter Ice Maker Market Drivers

    Growth of the Hospitality Sector

    The Undercounter Ice Maker Market is benefiting from the robust growth of the hospitality sector. As restaurants, hotels, and bars expand their services, the need for reliable and efficient ice production becomes critical. The hospitality industry has shown resilience and growth, with many establishments investing in high-quality appliances to enhance customer experience. Market analysis reveals that the demand for undercounter ice makers in commercial settings is on the rise, driven by the need for consistent ice supply. This trend indicates that manufacturers may have opportunities to develop specialized products tailored for the hospitality sector, potentially increasing their presence in the Undercounter Ice Maker Market.

    Emergence of E-commerce Platforms

    The Undercounter Ice Maker Market is experiencing a transformation due to the emergence of e-commerce platforms. As consumers increasingly turn to online shopping for convenience, the availability of undercounter ice makers through various e-commerce channels is expanding. This shift allows manufacturers to reach a broader audience and cater to diverse consumer needs. Data suggests that online sales of home appliances have surged, indicating a shift in purchasing behavior. This trend may encourage manufacturers to enhance their online presence and marketing strategies, thereby potentially increasing their sales and market penetration within the Undercounter Ice Maker Market.

    Rising Popularity of Outdoor Living Spaces

    The Undercounter Ice Maker Market is witnessing a surge in demand due to the increasing popularity of outdoor living spaces. As homeowners seek to enhance their outdoor experiences, the need for convenient ice production has become apparent. This trend is particularly evident in regions with favorable climates, where outdoor kitchens and entertainment areas are becoming commonplace. Market data indicates that the outdoor living market has seen substantial growth, which correlates with the rising sales of undercounter ice makers. This suggests that manufacturers may find opportunities to target this niche market, potentially leading to increased sales and brand loyalty within the Undercounter Ice Maker Market.

    Advancements in Energy Efficiency Standards

    The Undercounter Ice Maker Market is significantly influenced by advancements in energy efficiency standards. As consumers become more environmentally conscious, the demand for energy-efficient appliances has surged. Regulatory bodies have implemented stricter energy efficiency guidelines, prompting manufacturers to innovate and produce undercounter ice makers that consume less energy. This shift not only aligns with consumer preferences but also helps manufacturers comply with regulations, thereby enhancing their market competitiveness. Recent statistics indicate that energy-efficient appliances are projected to capture a larger market share, suggesting that the Undercounter Ice Maker Market could see a substantial increase in demand for such products.

    Increasing Consumer Preference for Home Entertainment

    The Undercounter Ice Maker Market is experiencing a notable shift as consumers increasingly favor home entertainment solutions. This trend is driven by a growing desire for convenience and luxury in residential settings. As more households invest in home bars and entertainment areas, the demand for undercounter ice makers is likely to rise. According to recent data, the market for home appliances related to entertainment has expanded significantly, with ice makers being a key component. This shift suggests that manufacturers may need to innovate and enhance their product offerings to cater to this evolving consumer preference, thereby potentially increasing their market share in the Undercounter Ice Maker Market.

    Market Segment Insights

    By Application: Restaurants (Largest) vs. Hotels (Fastest-Growing)

    The application segment of the Undercounter Ice Maker Market shows varied interests across distinct segments such as Restaurants, Bars, Cafes, Hotels, and Residential settings. Restaurants currently dominate the market, contributing significantly to the overall demand for undercounter ice makers due to the need for high volumes of ice for food and beverage services. Bars and Cafes also hold substantial shares, driven by their dependence on ice for a variety of drink offerings, while Residential applications reflect a growing trend towards convenience and modern kitchen setups. In terms of growth trends, Hotels are emerging as the fastest-growing segment within the market. As the hospitality industry continues to expand and modernize, the demand for undercounter ice makers is increasing, particularly in upscale hotels where guest experience is prioritized. This growth is further supported by advancements in ice maker technology, which enhance energy efficiency and ice production capabilities, making these machines increasingly attractive to new customers in the hotel sector.

    Restaurants: Dominant vs. Hotels: Emerging

    Restaurants have established themselves as the dominant players in the Undercounter Ice Maker Market, largely due to the high volume of ice needed for a variety of food and beverage offerings. In these establishments, undercounter ice makers are essential for ensuring quick access to ice, thus enhancing service efficiency. On the other hand, Hotels represent an emerging segment as they seek innovative solutions to meet the needs of their guests. The demand for undercounter ice makers in hotels is driven by the need for both rapid service and aesthetic considerations; these units fit discreetly under counters, preserving valuable space while ensuring accessible ice for both guests and staff. As the hospitality sector evolves, hotels are increasingly prioritizing quality and efficiency, reinforcing their position as a key growth area.

    By Product Type: Modular Ice Makers (Largest) vs. Remote-Cooled Ice Makers (Fastest-Growing)

    The Undercounter Ice Maker Market showcases a diverse range of product types, with Modular Ice Makers holding a significant share of the market. Their modular design allows for flexibility in installation and scalability, catering to various customer needs in residential and commercial settings. In contrast, Self-Contained Ice Makers, while also popular, have seen a slower growth trajectory compared to modular options. Remote-Cooled Ice Makers, on the other hand, are emerging rapidly due to advancements in efficiency and environmental considerations, capturing the attention of consumers seeking sustainable solutions.

    Modular Ice Makers (Dominant) vs. Remote-Cooled Ice Makers (Emerging)

    Modular Ice Makers are characterized by their ability to produce large volumes of ice while allowing for customization based on specific user requirements. Their installation flexibility makes them suitable for diverse environments, including restaurants, bars, and catering businesses. Meanwhile, Remote-Cooled Ice Makers are gaining traction as an emerging segment due to their cooling systems that transfer heat away from the ice maker, enhancing efficiency and reducing noise. This makes them particularly appealing for establishments in noise-sensitive areas. The growing demand for energy-efficient and environmentally-friendly options is driving innovation in Remote-Cooled Ice Makers, positioning them as a strong contender in the market.

    By Ice Production Capacity: Medium Capacity (Largest) vs. Small Capacity (Fastest-Growing)

    In the Undercounter Ice Maker Market, the medium capacity segment holds the largest market share, catering to a wide range of commercial and residential consumers. This segment effectively meets the needs of businesses such as restaurants and lounges that require a steady supply of ice without taking up significant space. On the other hand, the small capacity segment has emerged as the fastest-growing, addressing the demands of smaller households and compact settings, as urban living spaces prompt consumers to seek more space-efficient options.

    Medium Capacity (Dominant) vs. Small Capacity (Emerging)

    The medium capacity segment of the Undercounter Ice Maker Market is characterized by its ability to produce a substantial amount of ice, making it the preferred choice for businesses and larger households. This segment generally features units that are designed to balance efficiency and production volume, ensuring a steady ice supply for high-demand environments. Conversely, the small capacity segment represents an emerging market trend, focusing on compact and energy-efficient models ideally suited for smaller homes or limited spaces. As more consumers in urban areas prioritize convenience and space-saving solutions, this segment is witnessing rapid growth, appealing to a demographic that values compact versatility.

    By Distribution Channel: Online (Largest) vs. Offline (Fastest-Growing)

    The distribution channels for the undercounter ice maker market are diversifying significantly, with online sales emerging as the dominant force. Online platforms account for a substantial share of the market, driven by the rise in e-commerce and consumer preference for convenience. This shift enables manufacturers and retailers to reach a broader audience, validating the effectiveness of digital marketing strategies. In contrast, offline channels remain vital, particularly in regions where traditional retail experiences are still preferred, but their share is gradually declining against the booming online sector.

    Offline (Dominant) vs. Direct Sales (Emerging)

    The offline distribution channel for undercounter ice makers is currently seen as the dominant mode of shopping, especially within certain demographics that value personal interaction and in-store experiences. Retailers offer the advantage of immediate product availability and a tactile evaluation of the products. However, direct sales are emerging as a captivating alternative, primarily driven by manufacturers aiming to establish stronger relationships with consumers and enhance brand loyalty. Direct sales channels allow for tailored customer experiences and personalized service, often yielding higher customer satisfaction. Though smaller in market share, the emphasis on direct engagement hints at a future trend, where companies may progressively invest in direct sales as they recognize its potential to strengthen customer bonds.

    Get more detailed insights about Undercounter Ice Maker Market

    Regional Insights

    North America : Market Leader in Innovation

    North America is the largest market for undercounter ice makers, holding approximately 45% of the global market share. The region's growth is driven by increasing demand in the hospitality and food service sectors, alongside stringent health regulations that promote the use of high-quality ice production. The rise in home bar setups and outdoor kitchens also contributes to market expansion. The United States is the leading country in this market, with key players like Scotsman, Manitowoc, and Ice-O-Matic dominating the landscape. Canada follows as the second-largest market, benefiting from a growing restaurant industry and increasing consumer preferences for convenience. The competitive landscape is characterized by innovation and a focus on energy-efficient models, ensuring sustainability in production.

    Europe : Emerging Market with Potential

    Europe is witnessing a significant rise in the undercounter ice maker market, accounting for about 30% of the global share. The growth is fueled by the booming hospitality industry, particularly in countries like Germany and France, where demand for high-quality ice is surging. Regulatory frameworks promoting energy efficiency and sustainability are also acting as catalysts for market growth, encouraging manufacturers to innovate. Germany leads the European market, followed closely by France and the UK. The competitive landscape features key players such as Hoshizaki and Follett, who are focusing on advanced technology and energy-efficient solutions. The presence of established distribution networks and a growing trend towards premium ice products further enhance market dynamics, making Europe a promising region for investment.

    Asia-Pacific : Rapid Growth and Urbanization

    Asia-Pacific is rapidly emerging as a significant player in the undercounter ice maker market, holding around 20% of the global share. The region's growth is driven by urbanization, increasing disposable incomes, and a rising number of restaurants and cafes. Countries like China and India are witnessing a surge in demand for ice-making equipment, supported by favorable government policies promoting food safety and quality standards. China is the largest market in the region, with India following closely. The competitive landscape is becoming increasingly dynamic, with local manufacturers entering the market alongside established players like Hoshizaki. The focus on innovation and affordability is key, as consumers seek reliable and efficient ice-making solutions to meet their growing needs.

    Middle East and Africa : Untapped Market Opportunities

    The Middle East and Africa region is gradually emerging in the undercounter ice maker market, currently holding about 5% of the global share. The growth is primarily driven by the expanding hospitality sector and increasing consumer demand for ice in various applications. Countries like the UAE and South Africa are leading the way, with investments in infrastructure and tourism boosting market potential. The UAE is at the forefront, with a growing number of hotels and restaurants requiring efficient ice-making solutions. South Africa also shows promise, with local players like Snomaster gaining traction. The competitive landscape is characterized by a mix of international and regional brands, focusing on affordability and energy efficiency to cater to diverse consumer needs.

    Key Players and Competitive Insights

    The Undercounter Ice Maker Market is currently characterized by a dynamic competitive landscape, driven by increasing demand for efficient and compact ice-making solutions across various sectors, including hospitality, healthcare, and residential applications. Key players such as Scotsman (US), Hoshizaki (JP), and Manitowoc (US) are strategically positioned to leverage innovation and technological advancements. Scotsman (US) focuses on enhancing energy efficiency and sustainability in its product offerings, while Hoshizaki (JP) emphasizes the integration of smart technology to improve user experience. Manitowoc (US) is actively pursuing partnerships to expand its market reach, indicating a trend towards collaborative growth in the industry. Collectively, these strategies contribute to a competitive environment that prioritizes innovation and customer-centric solutions.

    In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and optimize supply chains. This approach appears to be particularly effective in a moderately fragmented market, where the collective influence of key players shapes pricing strategies and product availability. The focus on supply chain optimization is crucial, especially as companies seek to enhance operational efficiency and respond swiftly to market demands.

    In August 2025, Scotsman (US) announced the launch of its latest undercounter ice maker model, which boasts a 30% reduction in energy consumption compared to previous models. This strategic move not only aligns with the growing consumer preference for environmentally friendly products but also positions Scotsman as a leader in sustainability within the market. The introduction of this model is likely to attract environmentally conscious consumers and businesses, thereby enhancing Scotsman's competitive edge.

    In September 2025, Hoshizaki (JP) unveiled a new line of undercounter ice makers equipped with IoT capabilities, allowing users to monitor and control ice production remotely. This innovation reflects Hoshizaki's commitment to digital transformation and customer convenience. By integrating smart technology, Hoshizaki is not only enhancing user experience but also setting a benchmark for competitors in the realm of technological advancement.

    In July 2025, Manitowoc (US) entered into a strategic partnership with a leading hospitality technology firm to develop integrated solutions that streamline ice production and management for hotels and restaurants. This collaboration signifies Manitowoc's proactive approach to addressing the evolving needs of the hospitality sector. By combining expertise in ice-making with advanced hospitality technology, Manitowoc is likely to enhance its service offerings and strengthen its market position.

    As of October 2025, the competitive trends in the Undercounter Ice Maker Market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are becoming more prevalent, as companies recognize the value of collaboration in driving innovation and enhancing product offerings. Looking ahead, the competitive differentiation in this market is expected to shift from traditional price-based competition to a focus on technological innovation, sustainability, and supply chain reliability, suggesting a transformative phase for industry players.

    Key Companies in the Undercounter Ice Maker Market market include

    Industry Developments

    Recent developments in the Undercounter Ice Maker Market indicate significant activity among key players. Companies such as True Manufacturing, IceOMatic, and Scotsman Ice are enhancing their product offerings to meet growing consumer demand for energy-efficient and compact models. Meanwhile, Manitowoc and Hoshizaki are investing in innovative technologies that improve ice production speed and reduce operational costs. A noteworthy trend is the increasing interest in sustainable practices among manufacturers like Whirlpool and Maxx Ice, which are focusing on environmentally friendly refrigerants.

    Current affairs highlight mergers and acquisitions in the market; for instance, Bunn is exploring strategic alliances to bolster its market presence, while KitchenAid recently expanded its product line to cater to the residential segment. Growth valuation in the undercounter ice maker market reflects a robust upward trajectory as rising demand from the hospitality, healthcare, and food service sectors fuels competition. BeverageAir and Miele continue to navigate evolving market dynamics, seeking to strengthen their foothold amidst heightened consumer awareness of quality and energy efficiency. The amalgamation of technological advancements and sustainable practices is expected to redefine future market trends.

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    Future Outlook

    Undercounter Ice Maker Market Future Outlook

    The Undercounter Ice Maker Market is projected to grow at a 4.56% CAGR from 2024 to 2035, driven by increasing demand in hospitality and food service sectors.

    New opportunities lie in:

    • Integration of smart technology for remote monitoring and control.
    • Expansion into eco-friendly ice production solutions.
    • Development of modular units for customizable commercial applications.

    By 2035, the market is expected to achieve robust growth, reflecting evolving consumer preferences and technological advancements.

    Market Segmentation

    Undercounter Ice Maker Market Application Outlook

    • Restaurants
    • Bars
    • Cafes
    • Hotels
    • Residential

    Undercounter Ice Maker Market Product Type Outlook

    • Modular Ice Makers
    • Self-Contained Ice Makers
    • Remote-Cooled Ice Makers

    Undercounter Ice Maker Market Distribution Channel Outlook

    • Online
    • Offline
    • Direct Sales

    Undercounter Ice Maker Market Ice Production Capacity Outlook

    • Small Capacity
    • Medium Capacity
    • Large Capacity

    Report Scope

    MARKET SIZE 20241.829(USD Billion)
    MARKET SIZE 20251.913(USD Billion)
    MARKET SIZE 20352.988(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)4.56% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesGrowing demand for energy-efficient and compact solutions in the Undercounter Ice Maker Market.
    Key Market DynamicsRising consumer demand for compact appliances drives innovation and competition in the undercounter ice maker market.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

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    FAQs

    What is the projected market valuation for the Undercounter Ice Maker Market in 2035?

    The Undercounter Ice Maker Market is projected to reach a valuation of 2.988 USD Billion by 2035.

    What was the market valuation for the Undercounter Ice Maker Market in 2024?

    In 2024, the Undercounter Ice Maker Market was valued at 1.829 USD Billion.

    What is the expected CAGR for the Undercounter Ice Maker Market from 2025 to 2035?

    The expected CAGR for the Undercounter Ice Maker Market during the forecast period 2025 - 2035 is 4.56%.

    Which application segment had the highest valuation in 2024?

    In 2024, the Restaurants segment had the highest valuation at 0.73 USD Billion.

    What is the projected valuation for the Bars segment by 2035?

    The Bars segment is projected to reach a valuation of 0.4 USD Billion by 2035.

    Which product type is expected to dominate the Undercounter Ice Maker Market?

    Modular Ice Makers are expected to dominate the market, with a projected valuation of 1.164 USD Billion by 2035.

    How does the online distribution channel compare to offline in terms of market valuation?

    In 2024, the offline distribution channel was valued at 0.731 USD Billion, while the online channel was valued at 0.549 USD Billion.

    What is the projected market size for the Residential segment by 2035?

    The Residential segment is projected to reach a valuation of 0.538 USD Billion by 2035.

    Which company is a key player in the Undercounter Ice Maker Market?

    Scotsman, based in the US, is one of the key players in the Undercounter Ice Maker Market.

    What is the expected growth trend for the Medium Capacity segment from 2024 to 2035?

    The Medium Capacity segment is expected to grow from 0.7 USD Billion in 2024 to 1.1 USD Billion by 2035.

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