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The commercial beer dispensers market share is expected to increase by USD 49.55 million from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 1.7%.
This commercial beer dispensers market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers commercial beer dispensers market segmentations by end user (hotels and restaurants, breweries, pubs, and bars, and others) and geographic (Europe, North America, APAC, South America, and MEA). The commercial beer dispensers market report also offers information on several market vendors, including Beerjet GmbH, Beverage-Air Corp., Celli Spa, Continental Refrigerator, Fagor Industrial S. Coop, Felix Storch Inc., Hoshizaki Lancer Pty Ltd., Kegco, True Manufacturing Co. Inc., and TURBO AIR Inc. among others.
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Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The increasing number of brewpubs and microbreweries is notably driving the commercial beer dispensers market growth, although factors such as high initial cost of commercial beer dispensers and need for regular maintenance may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the commercial beer dispensers industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Commercial Beer Dispensers Market Driver
One of the key factors driving the commercial beer dispensers market growth is the increasing number of brewpubs and microbreweries. Commercial beer dispensers are used extensively in brewpubs, microbreweries, restaurants, and bars. Brewpubs are restaurant-breweries that sell around one-fourth to one-half of the beer they produce on-site, and microbreweries sell 25% of the beer they produce on-site. Brewpubs and microbreweries use commercial beer dispensers to reduce their operating cost. Therefore, the demand for commercial beer dispensers is dependent on the number of brewpubs and other foodservice centers that operate across the world. The launch of new brewpubs and microbreweries will also increase the penetration of commercial beer dispensers in developed countries during the forecast period. The commercial beer dispenser market in emerging countries such as India is still at a nascent stage. However, the demand for commercial beer dispensers is expected to increase in the country due to the recent growth in the number of microbreweries and brewpubs. For instance, around 500 new brewpubs are expected to open in India during the forecast period. Therefore, the rising number of brewpubs and microbreweries will drive the growth of the global commercial beer dispenser market during the forecast period.
Key Commercial Beer Dispensers Market Trend
Another key factor driving commercial beer dispensers market growth is product-service bundling. The global commercial beer dispenser market is highly fragmented due to the presence of several established and local vendors. The fragmented market structure leads to intense competition. Hence, vendors must add value to their products beyond their core product offerings. Therefore, they are emphasizing other augmented benefits, such as offering bar solutions to their customers. The US subsidiary of Micro Matic USA Inc. is a major vendor that offers integrated bar solutions to its customers. The company initiates the process with a phone call from customers. The customer service executive of the company understands the requirements of the customer and conveys them to the company's certified bar equipment installers. The company provides complete support through all phases of the project, from designing the right system, installing the system, and ensuring that the system functions efficiently. Such product-service bundling by vendors will enable the customers to achieve a good commercial beer dispensing system. It also gives a competitive advantage for the vendors.
Key Commercial Beer Dispensers Market Challenge
High initial cost of commercial beer dispensers and need for regular maintenance is one of the key challenges hindering the commercial beer dispensers market growth. The high initial cost of commercial beer dispensers and the need for regular maintenance are significant barriers to the growth of the global commercial beer dispensers market during the forecast period. The average cost of new commercial beer dispensers ranges between $1,500 and $4,000. Hence, end-users that operate small-scale businesses cannot afford such products. The high initial cost is also one of the key reasons for the low penetration of commercial beer dispensers in countries such as China, India, and South Africa compared with the developed countries in North America and Europe. Commercial beer dispensers require regular maintenance checks to avoid malfunctioning. The improper maintenance of commercial beer dispensers can cause the contamination of beer, increase pressure levels, and result in deposits in the draft lines. Therefore, the high initial setup, labor, and other maintenance costs of commercial beer dispensers can affect the growth of the market during the forecast period.
This commercial beer dispensers market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Technavio categorizes the global commercial beer dispensers market as a part of the global household appliances market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the commercial beer dispensers market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the commercial beer dispensers market encompasses successful business strategies deployed by the key vendors. The commercial beer dispensers market is fragmented and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The commercial beer dispensers market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the commercial beer dispensers market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
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44% of the market's growth will originate from APAC during the forecast period. China and Australia are the key markets for commercial beer dispensers in APAC. Market growth in this region will be faster than the growth of the market in other regions.
Increasing pubs and hotels to facilitate the commercial beer dispensers market growth in APAC over the forecast period. Moreover, growth in the hotel and hospitality sectors will positively impact the sales of commercial beer dispensers in the country. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
China and India were the most affected countries in the region due to the COVID-19 pandemic in 2020. The governments in the region imposed nationwide lockdowns in 2020. Therefore, the manufacturing operations of most of the industries were closed. The nightclubs and pubs were also closed. This led to a decline in the sales of beer dispensers in this region in 2020. However, the relaxation on lockdown restrictions will positively impact the growth of the beer dispenser market in APAC during the forecast period.
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The commercial beer dispensers market share growth by the hotels and restaurants will be significant during the forecast period. Hotels and restaurants are the major end-users of commercial beer dispensers. The increasing number of hotels and restaurants globally is a major factor driving the growth of the segment.
Besides the above-mentioned factors, the post COVID-19 impact has brought forth a slowdown in or fast tracked the demand for the service or product. This report provides an accurate prediction of the contribution of all the segments to the growth of the commercial beer dispensers market size and actionable market insights on post COVID-19 impact on each segment.
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Commercial Beer Dispensers Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 1.7% |
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Market growth 2021-2025 |
$ 49.55 million |
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Market structure |
Fragmented |
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YoY growth (%) |
-7.40 |
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Regional analysis |
Europe, North America, APAC, South America, and MEA |
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Performing market contribution |
APAC at 44% |
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Key consumer countries |
US, China, Germany, UK, and Australia |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Beerjet GmbH, Beverage-Air Corp., Celli Spa, Continental Refrigerator, Fagor Industrial S. Coop, Felix Storch Inc., Hoshizaki Lancer Pty Ltd., Kegco, True Manufacturing Co. Inc., and TURBO AIR Inc. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by End-user
6 Customer landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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