Food & Beverage
Electrolux Professional mainly addresses the professional food and beverage equipment and service segment. The key product application areas are out-of-home consumption points such as hotels, restaurants, retail points, schools or hospitals. The sales from food and beverage equipment largely depend on the development of customers’ capital expenditures for new appliances, as well as expenditures related to appliance maintenance, refurbishment and overhaul. In addition to general market trends and industry drivers, growth is also affected by an increase in food safety, environmental and food waste requirements, focus on healthy products and menus, drive for automation and workforce optimization, product innovation, and the rising importance of data management and digitalization.
Electrolux Professional’s key competitors in food and beverage equipment include include Ali Group, Hoshizaki, Illinois Tool Works, Marmon Group, Middleby, Rational and Welbilt. In addition, there is a number of local players and players focused on individual product lines.
The professional laundry equipment market comprises professional laundry products and related services for the hospitality industry and other businesses and institutions and largely depends on the customers’ spending power on new equipment, as well as on maintenance, refurbishment and overhaul. Electrolux Professional mainly addresses the professional laundry equipment and service segment, and does not focus as much on the large scale laundry equipment segment. The market growth in professional laundry equipment market is mainly affected by an increasing focus on product sustainability and efficiency, labelling and certification requirements, and requirements for appliance innovation and connectivity. While these trends are visible globally, the importance of each varies on the regional level.
Electrolux Professional’s key competitors in laundry equipment include Alliance Laundry Systems, Girbau Group, Maytag and Miele Professional. In addition, there is a number of local players and players focused on individual product lines.