Industry: Retail and Consumer | Publish Date: 12-Feb-2025 | No of Pages: 113 | No. of Tables: 80 | No. of Figures: 45 | Format: PDF | Report Code : RC2949
The Norway Commercial Cooking Equipment Market size was valued at USD 19.8 million in 2023, and is predicted to reach USD 32.1 million by 2030, at a CAGR of 6.7% from 2024 to 2030. In terms of volume, the market size was 2893 units in 2023, and is projected to reach 5904 units by 2030, with a CAGR of 10% 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 hospitality cooking equipment is key to ensuring operational efficiency, competitiveness, and profitability in the food service industry.
The expansion plans of new hotels in Norway are a significant growth driver for the Norway commercial cooking equipment market trends. For example, Scandic's initiative to introduce two new hotels under its Signature Collection in Tromsø by 2025 will create heightened demand for modern and efficient cooking equipment to support these establishments' food service operations. As these new hotel developments unfold, there is an expected increase in the demand for various restaurant cooking equipment such as cooking appliances, refrigeration units, and kitchenware. This presents opportunities for equipment manufacturers and suppliers to meet the evolving needs of the Norwegian market.
The surge in international visitors and the growing frequency of domestic trips among Norwegians significantly drive the dynamic tourism sector in Norway, leading to increased demand for contemporary and efficient hospitality cooking equipment in hotels, restaurants, cafes, and other food service establishments. This rise in tourism not only enhances the hospitality industry but also fuels the requirement for high-quality cooking appliances to cater to the diverse culinary needs of both local and international guests.
In 2021, Norway welcomed a total of 1.44 million tourists, positioning the country 43rd globally in terms of absolute visitor numbers. This growing tourism activity underscores the need for investments in modern cooking equipment to meet the evolving demands of an expanding and diverse visitor base.
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 commercial cooking equipment market growth and expansion in the food service industry.
Integration of advanced technologies such as smart cooking appliances, IoT-enabled kitchen equipment, and automation solutions will drive increased demand for hospitality cooking equipment in forthcoming years. These innovations enhance efficiency, productivity, and sustainability by enabling precise monitoring, real-time data analysis, and automation of repetitive tasks in food service operations. This integration not only optimizes cooking processes and improves food quality but also supports sustainable practices by reducing energy consumption and waste.
The key players operating in the Norway commercial cooking equipment industry include Metos, C-W Karlstedt AB (CWK), Europages, AB Electrolux, John Bean Technologies Corp, Culina, Alto-Shaam, Inc., Fagor Professional, Emerson Electric Co., Outokumpu., 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 & Hote
Hospitals
Others
Metos
C-W Karlstedt AB (CWK)
Europages
AB Electrolux
John Bean Technologies Corp
Culina
Alto-Shaam, Inc.
Fagor Professional
Emerson Electric Co.
Outokumpu
Parameters |
Details |
Market Size in 2023 |
USD 19.8 Million |
Revenue Forecast in 2030 |
USD 32.1 Million |
Growth Rate |
CAGR of 6.7% from 2024 to 2030 |
Market Volume in 2023 |
2893 Units |
Market Forecast in 2030 |
5904 Units |
Volume Growth Rate |
CAGR of 10.0% 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. |