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Restaurant & Hotel Equipment Wholesaling in the US
After a disheartening economic period, consumer sentiment is expected to rise, which lends itself to increased capital expenditure by restaurants and hotels, thus boosting industry revenue. In particular, as consumers eat out at restaurants and travel more, these trends will boost industry demand as restaurant and hotel owners feel more comfortable investing in new equipment that this industry provides. Additionally, more companies will look to invest in technologically advanced and energy-efficient equipment like ovens, deep fryers and heated cabinets. All of these trends will work together to increase revenue and profitability over the next five years.
Firms in this industry distribute, sell and repair commercial machines and equipment generally used in restaurants and stores. Products include balances and scales, cooking equipment, dishwashing equipment; food-service signs and fixtures and soda fountains. This industry does not include the wholesaling of refrigeration equipment or office equipment.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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