used restaurant equipment market analysis, used restaurant equipment market overview, used restaurant equipment market size, used restaurant equipment market trends, used restaurant equipment market outlook, global used restaurant equipment market
What are the latest figures on the used restaurant equipment market’s size and projected CAGR?
The used restaurant equipment market size has grown strongly in recent years. It will grow from $6.34 billion in 2024 to $6.84 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to cost-effective solutions, high turnover rates in the restaurant industry, focus on minimizing startup costs, growing awareness and emphasis on sustainability, and changes in industry regulations and compliance standards.
The used restaurant equipment market size is expected to see strong growth in the next few years. It will grow to $9.14 billion in 2029 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to offering a high-quality alternative at a lower cost, the availability of high-end brands, the rise in online marketplaces, growing customization needs, and economic downturns and uncertainties. Major trends in the forecast period include advances in technology, increased focus on equipment longevity, innovation in the refurbishment process, increased adoption of leasing models, and improved transparency.
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Which Market drivers have played a significant role in driving the used restaurant equipment market?
The increasing number of food establishments is expected to propel the growth of the used restaurant equipment market going forward. The number of food establishments is growing due to increasing consumer demand for diverse dining options and convenience. Used restaurant equipment provides cost-effective solutions for food establishments to acquire necessary tools and appliances without significant capital investment. For instance, in July 2024, according to the Bureau of Labor Statistics, a US-based fact-finding agency for the Federal Government, in the fourth quarter of 2023, the number of establishments in food services and drinking places was 711,159, an increase from 695,817 in the first quarter of 2023. Therefore, the increasing number of food establishments is driving the growth of the used restaurant equipment market.
What are the key segments within the used restaurant equipment market?
The used restaurant equipment market covered in this report is segmented –
1) By Product: Kitchen Purpose Equipment, Cooking Equipment, Food And Beverage Preparation Equipment, Refrigeration Equipment, Ware Washing Equipment, Food Holding And Storing Equipment, Other Products
2) By Distribution Channel: Online, Offline
3) By End Use: Full-Service Restaurants And Hotels, Quick-Service Restaurants And Pubs, Catering, Other End Users
Subsegments:
1) By Kitchen Purpose Equipment: Food Prep Tables, Shelving And Storage Racks, Workstations And Counters, Sinks And Faucets
2) By Cooking Equipment: Ovens (Convection, Pizza), Grills And Griddles, Deep Fryers, Stoves And Ranges, Microwave Ovens, Salamander Broilers
3) By Food And Beverage Preparation Equipment: Food Processors, Blenders And Mixers, Coffee Makers And Espresso Machines, Smoothie Machines, Juice Extractors
4) By Refrigeration Equipment: Reach-In Refrigerators And Freezers, Walk-In Coolers And Freezers, Undercounter Refrigerators, Display Cases, Ice Makers
5) By Ware Washing Equipment: Dishwashers, Glass Washers, Dryers And Sanitizers, Pre-Rinse Stations
6) By Food Holding And Storing Equipment: Food Warmers, Holding Cabinets, Bain-Maries, Heated Display Cabinets, Cold Food Storage Units
7) By Other Products: Smallwares (Utensils, Pots, Pans), Point-Of-Sale (POS) Systems, Exhaust Hoods And Ventilation, Display And Serving Equipment, Food Display Shelves
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Which key players are shaping the used restaurant equipment market?
Major companies operating in the used restaurant equipment market are eBay Inc., OLX Group, IndiaMART, WebstaurantStore, Central Restaurant Products, SilverChef, Federal Hospitality Equipment, ExportersIndia, ACityDiscount Restaurant Equipment, Machineseeker Group, Rose’s Equipment & Supply, Dine Company, Quikr, Lauro Restaurant Equipment, Bid on Equipment, Jeans Restaurant Supply, Gillette Restaurant Equipment, The Kitchen Spot, Kitchen Guys, City Restaurant Supply, Aimco Equipment Company LLC, Southeast Restaurant Equipment, iFoodEquipment.ca., Texas Restaurant Supply, Alternative Sales Corp
Which transformative trends will shape the used restaurant equipment market landscape?
Major companies operating in the used restaurant equipment market are focusing on developing innovative products, such as eco-friendly deep freezers that reduce energy consumption and minimize environmental impact. Eco-friendly deep freezers refer to refrigeration units designed to minimize environmental impact by using energy-efficient technology and eco-friendly refrigerants, reducing greenhouse gas emissions and energy consumption. For instance, in March 2024, Blue Star Limited, an India-based home appliance company, launched comprehensive new range of energy-efficient and eco-friendly deep freezers. Blue Star Limited’s new range of energy-efficient deep freezers, available in 60 to 600-liter capacities, offer enhanced cooling and uniform temperature control with Quadracool technology. Designed to operate in high ambient temperatures up to 47°C, these freezers are ideal for various applications across sectors such as dairy, frozen foods, and hospitality.
How do regional factors impact the used restaurant equipment market, and which region is the largest contributor?
North America was the largest region in the used restaurant equipment market in 2024. The regions covered in the used restaurant equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Used Restaurant Equipment Market Report 2025 Offer?
The used restaurant equipment market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Used restaurant equipment refers to previously owned kitchen appliances, furnishings, and tools that have been refurbished and resold for use in food service establishments. It is utilized by restaurants, cafes, and other food service businesses to equip their kitchens and dining areas with cost-effective, functional, and often high-quality equipment.
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