Restaurant trends invigorate industry
After a disheartening economic period, consumer sentiment is expected to rise, directly affecting industry revenue. In particular, as consumers eat out at restaurants and travel more, these trends will boost industry demand. 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.
Firms in this industry sell commercial and machines and equipment generally used in restaurants and stores. Products include balances and scales, cooking equipment, dishwashing equipment, food service equipment and store fixtures.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.