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Restaurant & Hotel Equipment Wholesaling in the US - Industry Market Research Report

  • July 2017
  • 34 pages
  • Ibisworld
Report ID: 198834

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Suite tech: Equipment sales will grow as restaurants resume expansion plans

Abstract

Restaurant & Hotel Equipment Wholesaling in the US



Over the past five years, revenue for the Restaurant and Hotel Equipment Wholesaling industry rebounded from the negative effects of the recession, as downstream restaurants and hotels increased their expenditures on capital improvements in light of improving consumer demand. Steady employment and economic growth have increased disposable income levels, making consumers more willing to spend on nonessential leisure activities such as dining out and traveling. Increased sales in downstream industries have justified the need for capital improvements such as kitchen expansions and equipment upgrades in restaurants and hotels.

Over the next five years, improving economic conditions will encourage hotel and restaurant operators to resume expansion plans, resulting in more equipment purchases. Restaurants will likely look to industry operators for technologically advanced, energy-efficient and multipurpose kitchen products and equipment.

Companies in this industry distribute, sell and repair commercial machines and equipment used in restaurants and hotels. These products include cooking equipment, dishwashing equipment, balances and scales, soda fountains and food-service fixtures and signs. This industry excludes the wholesaling of refrigeration equipment, which is included in the Refrigeration Equipment Wholesaling industry (IBISWorld report 42374).

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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