Asia-Pacific Ice Maker Market Estimated At USD 1,559.64 million by 2029, Likely To Surge At CAGR 3.3% from 2022 to 2029.
Asia-Pacific ice maker market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 3.3 % in the forecast period of 2022 to 2029 and is expected to reach USD 1,559.64 million by 2029. Developing food and a beverages industry along with growing demand for ice machines from the healthcare sector are acting as a driver for Asia-Pacific ice maker market growth. Increasing demand for ice machines by end use industries such as construction, healthcare and food service sector are boosting demand for ice makers. Additionally, increasing demand for alcoholic beverages among the consumers, driving the growth of Asia-Pacific. However, stringency in the regulation by the government are likely to restrict the growth of the ice maker market in the region. Many companies are making strategic decisions, such as forming agreements with research facilities to launch new products to improv...