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 : RC2953
The Sweden Commercial Cooking Equipment Market size was valued at USD 39.5 million in 2023, and is predicted to reach USD 67.9 million by 2030, at a CAGR of 7.5% from 2024 to 2030. In terms of volume, the market size was 6 thousand units in 2023, and is projected to reach 12 thousand units by 2030, with a CAGR of 10.8% 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 establishment of new hotels is a significant growth factor for the commercial cooking equipment market in Sweden. For instance, The Ruby Group is expanding into Sweden with its first project in Stockholm – a 187-key hotel set to open in spring 2026 in collaboration with real estate company Alecta Fastigheter. Embodying Ruby's Lean Luxury philosophy, this upscale accommodation model at affordable prices highlights the increasing demand for modern and efficient cooking appliances to support the food service operations of new hotels. As more upscale accommodations like those offered by The Ruby Group enter the market, the need for high-quality cooking equipment is anticipated to rise, presenting opportunities in Sweden commercial cooking equipment market growth.
The growing number of tourists visiting Sweden each year is driving demand for food service establishments such as restaurants, hotels, cafes, and catering businesses. In 2021, Sweden welcomed 2.99 million tourists, ranking 28th globally in terms of visitor numbers. This influx underscores the vital role of hospitality cooking equipment in meeting the culinary demands of both tourists and locals alike. As Sweden's tourism industry expands and evolves, there is an increasing Sweden commercial cooking equipment market opportunity for the commercial cooking equipment market to thrive, catering to the diverse needs of the hospitality sector in this dynamic destination.
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 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 Sweden commercial cooking equipment market 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 Sweden commercial cooking equipment industry include AB Electrolux, Swedish Trading Company (STC), QSR, Tomatostore, CWK (C-W Karlstedt AB), Outokumpu, EssEmm Corporation, Snabba Leveranser, Metos, Middleby Company., 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
AB Electrolux
Swedish Trading Company (STC)
QSR
Tomatostore
CWK (C-W Karlstedt AB)
Outokumpu
EssEmm Corporation
Snabba Leveranser
Metos
Middleby Company
Parameters |
Details |
Market Size in 2023 |
USD 39.5 Million |
Revenue Forecast in 2030 |
USD 67.9 Million |
Growth Rate |
CAGR of 7.5% from 2024 to 2030 |
Market Volume in 2023 |
6 thousand Units |
Market Forecast in 2030 |
12 thousnad Units |
Volume Growth Rate |
CAGR of 10.8% from 2024 to 2030 |
Analysis Period |
2023–2030 |
Base Year Considered |
2023 |
Forecast Period |
2024–2030 |
Market Size Estimation |
Million (USD) |
Market Volume Estimation |
Thousand 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. |