A residential portable ice maker is a small, lightweight, and easy to operate ice making device designed specifically for home users. It utilizes advanced refrigeration technology to quickly and conveniently produce ice cubes, meeting the daily ice needs of households.
Overview of Market Development
Residential portable ice makers are particularly suitable for use in small spaces such as dormitories, offices, or homes due to their small size, convenience, and easy operation, making them an ideal choice for modern family life. In recent years, with the pursuit of quality of life by consumers and the popularization of ice usage culture, the market size of household ice makers has been continuously expanding, and it is expected to continue to maintain a growth trend in the coming years.
According to our research data, the global residential portable ice maker market size is estimated to be $1.141 billion in 2024, an increase of 6.77% compared to 2023, and is expected to continue growing to $1.516 billion by 2029. The CAGR for 2024-2029 is estimated to be 5.85%.
In addition, from the perspective of development trends, with the application of technologies such as intelligence, automation, and remote control, residential portable ice makers will pay more attention to customized services to meet the personalized needs of different consumers.
Analysis of Market Competition Pattern
From the perspective of market competition, the concentration of the global residential portable ice maker market is extremely low. Data shows that the total output value share of residential portable ice makers among the top 3 companies in 2023 was only 5.74%; The total output value share for top 6 enterprises was only 10.56%. The top 3 companies were NewAir, Euhomy, and Danby. In 2023, these three companies had a global market share of 1.96%, 1.91%, and 1.87% in the residential portable ice maker market.
Global Residential Portable Ice Maker Market Revenue Forecast and Competition Pattern Analysis
Source: www.globalmarketmonitor.com
Segmented Market Analysis
From the perspective of product types, residential portable ice makers can be classified into pellet ice makers, flake ice makers, etc. based on the different shapes of the generated ice cubes. Among them, flake ice makers dominate the market, with an estimated market share of 73.44% in 2024.
From a regional perspective, the global market for residential portable ice makers is mainly concentrated in North America, Europe, and the Asia Pacific region. The total revenue of the residential portable ice maker market in these three major regions accounts for over 90% of the global total revenue. Among them, North America is the largest revenue market. Data shows that the revenue of the North American residential portable ice maker market is expected to reach $443 million in 2024, with an estimated market share of 41.28%.
Global Residential Portable Ice Maker Segment Market Revenue and Market Share Forecast in 2024
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Market Revenue (Million USD)
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Market Share
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Segmented by Type
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Pellet Ice Makers
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250
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23.35%
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Flake Ice Makers
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788
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73.44%
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Others
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34
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3.21%
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Segmented by Application
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North America
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443
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41.28%
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Europe
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322
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30.05%
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Asia Pacific
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227
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21.18%
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South America
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43
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4.03%
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Middle East & Africa
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37
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3.46%
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Source: www.globalmarketmonitor.com
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