Industry: Retail and Consumer | Publish Date: 11-Feb-2025 | No of Pages: 113 | No. of Tables: 80 | No. of Figures: 45 | Format: PDF | Report Code : RC2959
The Finland Commercial Cooking Equipment Market size was valued at in 2023, and is predicted to reach USD 28.6 million by 2030, at a CAGR of 9.2% from 2024 to 2030. In terms of volume, the market size was 2170 units in 2023, and is projected to reach 5248 units by 2030, with a CAGR of 12.6 USD 14.8 million% from 2024 to 2030.
Commercial cooking equipment consists of a diverse array of appliances designed for professional kitchens in restaurants, hotels, and catering businesses. These tools are engineered for efficiency and safety, constructed from durable materials to handle continuous use, minimizing downtime and maintaining smooth kitchen operations.
Modern equipment prioritizes energy efficiency, helping businesses lower utility expenses and lessen their environmental impact. High-quality commercial cooking equipment is key to ensuring operational efficiency, competitiveness, and profitability in the food service industry.
The significant growth of the hotel industry in Finland is driving the commercial cooking equipment market. As hotels expand their operations, there is a growing demand for modern and efficient hospitality cooking equipment to support increased capacity and services in hotels, restaurants, cafes, and other food service establishments.
For instance, Scandic, the largest Nordic hotel operator, has entered a long-term lease deal with property developer SRV for a new Scandic Go hotel in Oulu, Finland, featuring 144 rooms. Set to open in late 2025, this expansion presents opportunities for equipment manufacturers and suppliers to innovate and meet the industry's evolving needs. Additionally, as more hotels seek to differentiate themselves through exceptional dining experiences, the demand for high-quality, reliable cooking equipment is set to rise further.
Tourism plays a crucial role in fueling the Finland commercial cooking equipment market demand. According to the Finland Border Survey, foreign visitors made 3.4 million trips to Finland from March to November 2023. This influx of tourists increases the demand for modern and efficient cooking equipment to cater to travelers' evolving preferences and uphold high service standards.
As the tourism industry in Finland continues to flourish, there is a growing necessity for advanced cooking appliances to meet diverse culinary expectations and ensure exceptional service quality.
This trend highlights the importance of investing in cutting-edge cooking technology to enhance the overall dining experience for tourists and sustain the Finland commercial cooking equipment market growth. The increasing number of international culinary influences brought by tourists also encourages local establishments to adopt versatile and innovative cooking solutions.
Stringent regulatory requirements, such as the International Food Standards (IFS) and the Food Safety Modernization Act (FSMA), pose significant challenges for businesses investing in new food service equipment.
These regulations, enforced by governmental agencies and industry associations, mandate specific protocols for food handling, storage, and preparation to ensure safety and compliance. Non-compliance can lead to penalties and reputational damage.
Moreover, meeting emissions standards necessitates investments in ventilation and filtration systems, increasing complexity and costs. These regulatory burdens, combined with the financial strain of purchasing compliant equipment and ongoing maintenance, particularly impact small and medium-sized enterprises (SMEs). Ultimately, these challenges hinder the adoption of new cooking equipment, constraining the Finland commercial cooking equipment market growth and expansion in the food service industry.
The adoption of advanced technologies like smart cooking appliances, IoT-connected kitchen equipment, and automation solutions is set to drive increased demand for commercial cooking equipment in the coming years.
These innovations enable businesses to enhance operational efficiency, productivity, and sustainability. Smart kitchen appliances equipped with sensors and connectivity features enable precise monitoring and control, optimizing cooking processes and enhancing food quality.
IoT-enabled equipment allows real-time data monitoring and analysis, empowering kitchen staff to make informed decisions and adjustments for improved performance. Automation solutions streamline repetitive tasks such as food preparation and cleaning, freeing up time for staff to focus on more value-added activities. This integration not only improves operational efficiency but also reduces energy consumption and waste, meeting the rising demand for sustainable practices in the food service industry.
The market players operating in the Finland commercial cooking equipment industry include Metos, Coldex, Resta Masa Oy, Tomatostore, AB Electrolux, Porkka Finland, TwoThousand Machinery, Emerson Electric Co., Fagor Professional, Gammo Europe Ltd., and others.
Broilers
Grills and Griddles
Cook Chill Systems
Refrigerators
Ovens
Dishwashers
Others
Small-Scale Equipment
Medium-Scale Equipment
Large-Scale Equipment
Full-Service Restaurants
Quick Service Restaurants
Catering
Railway Dining
Resorts & Hotel
Hospitals
Others
Metos
Coldex
Resta Masa Oy
Tomatostore
AB Electrolux
Porkka Finland
TwoThousand Machinery
Emerson Electric Co.
Fagor Professional
Gammo Europe Ltd.
Parameters |
Details |
Market Size in 2023 |
USD 14.8 Million |
Revenue Forecast in 2030 |
USD 28.6 Million |
Growth Rate |
CAGR of 9.2% from 2024 to 2030 |
Market Volume in 2023 |
2170 Units |
Market Forecast in 2030 |
5248 Units |
Volume Growth Rate |
CAGR of 12.6% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Million (USD) |
Market Volume Estimation |
Units |
Growth Factors |
|
Companies Profiled |
10 |
Market Share |
Available for 10 companies |
Customization Scope |
|
Pricing and Purchase Options |
Avail customized purchase options to meet your exact research needs. |