Ice Cube Trays Market Opportunities 2031
Ice cube is an efficient way of cooling a beverage instantly. Ice trays have evolved from metal ice trays with a leaver to take out ice cubes, to soft plastic ice trays that are flexible enough to twist and take out ice cubes. Ice trays are one of the most readily available consumer products in general retail stores, super markets and hyper markets. The stackable nature of ice trays offers the added convenience of storing and transporting ice trays for consumers, manufacturers, and suppliers.
MARKET SCOPE
The "Global Ice Cube Trays Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a special focus on the global market trend analysis. The report aims to provide an overview of the ice cube trays market with detailed market segmentation by material, packaging format, end use industry, and geography. The report provides key statistics on the market status of the leading ice cube trays market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on material type, the global ice cube trays market is segmented into plastic, rubber, and others
- Based on distribution channel, the global ice cube trays market is segmented into supermarkets & hypermarkets, convenience stores, online retail, and others.
MARKET DYNAMICS
Drivers
- Increasing demand for ice cubes as a traditional way of cooling and lowering down the concentration of beverages drives the global ice trays market
- Continuous advancements in material and manufacturing technology have resulted in ice trays that ate capable of forming ice cubes in an infinite number of complex shapes such as spherical balls.
- The compact size and ease of production aids the market growth.
- Rising R&D activities drive the ice cube trays market.
Restraints
- Relatively high price of the material.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The ice cube trays market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the ice cube trays market in these regions.
IMPACT OF COVID-19 ON ice cube trays MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The consumer goods industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The ice cube trays market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the ice cube trays market in these regions.
IMPACT OF COVID-19 ON ice cube trays MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The consumer goods industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology events cancellations, and office shutdowns, as a result of this pandemic. The shutdown of various plants and factories in leading regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods. Furthermore, various companies have already announced possible delays in product deliveries and slump in future sales of their products.
MARKET PLAYERS
The report covers key developments in the ice cube trays market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from ice cube trays market are anticipated to witness lucrative growth opportunities in the future with the rising demand for ice cube trays in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the ice cube trays market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Tovolo
- Ticent
- Shaped
- Glacio
- The Classic Kitchen
- SUMPRI
- Samuelworld
- Frankfurt.Co
- Fred & Friends LLC
- Adoric
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Ice Cube Trays Market - By Material Type
1.3.2 Ice Cube Trays Market - By Distribution Channel
1.3.3 Ice Cube Trays Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ICE CUBE TRAYS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ICE CUBE TRAYS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ICE CUBE TRAYS MARKET - GLOBAL MARKET ANALYSIS
6.1. ICE CUBE TRAYS - GLOBAL MARKET OVERVIEW
6.2. ICE CUBE TRAYS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. ICE CUBE TRAYS MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL TYPE
7.1. OVERVIEW
7.2. MATERIAL TYPE MARKET FORECASTS AND ANALYSIS
7.3. PLASTIC
7.3.1. Overview
7.3.2. Plastic Market Forecast and Analysis
7.4. RUBBER
7.4.1. Overview
7.4.2. Rubber Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. ICE CUBE TRAYS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
8.1. OVERVIEW
8.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
8.3. SUPERMARKETS AND HYPERMARKETS
8.3.1. Overview
8.3.2. Supermarkets and hypermarkets Market Forecast and Analysis
8.4. CONVENIENCE STORES
8.4.1. Overview
8.4.2. Convenience stores Market Forecast and Analysis
8.5. ONLINE RETAIL
8.5.1. Overview
8.5.2. Online retail Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. ICE CUBE TRAYS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Ice Cube Trays Market Overview
9.1.2 North America Ice Cube Trays Market Forecasts and Analysis
9.1.3 North America Ice Cube Trays Market Forecasts and Analysis - By Material Type
9.1.4 North America Ice Cube Trays Market Forecasts and Analysis - By Distribution Channel
9.1.5 North America Ice Cube Trays Market Forecasts and Analysis - By Countries
9.1.5.1 United States Ice Cube Trays Market
9.1.5.1.1 United States Ice Cube Trays Market by Material Type
9.1.5.1.2 United States Ice Cube Trays Market by Distribution Channel
9.1.5.2 Canada Ice Cube Trays Market
9.1.5.2.1 Canada Ice Cube Trays Market by Material Type
9.1.5.2.2 Canada Ice Cube Trays Market by Distribution Channel
9.1.5.3 Mexico Ice Cube Trays Market
9.1.5.3.1 Mexico Ice Cube Trays Market by Material Type
9.1.5.3.2 Mexico Ice Cube Trays Market by Distribution Channel
9.2. EUROPE
9.2.1 Europe Ice Cube Trays Market Overview
9.2.2 Europe Ice Cube Trays Market Forecasts and Analysis
9.2.3 Europe Ice Cube Trays Market Forecasts and Analysis - By Material Type
9.2.4 Europe Ice Cube Trays Market Forecasts and Analysis - By Distribution Channel
9.2.5 Europe Ice Cube Trays Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Ice Cube Trays Market
9.2.5.1.1 Germany Ice Cube Trays Market by Material Type
9.2.5.1.2 Germany Ice Cube Trays Market by Distribution Channel
9.2.5.2 France Ice Cube Trays Market
9.2.5.2.1 France Ice Cube Trays Market by Material Type
9.2.5.2.2 France Ice Cube Trays Market by Distribution Channel
9.2.5.3 Italy Ice Cube Trays Market
9.2.5.3.1 Italy Ice Cube Trays Market by Material Type
9.2.5.3.2 Italy Ice Cube Trays Market by Distribution Channel
9.2.5.4 United Kingdom Ice Cube Trays Market
9.2.5.4.1 United Kingdom Ice Cube Trays Market by Material Type
9.2.5.4.2 United Kingdom Ice Cube Trays Market by Distribution Channel
9.2.5.5 Russia Ice Cube Trays Market
9.2.5.5.1 Russia Ice Cube Trays Market by Material Type
9.2.5.5.2 Russia Ice Cube Trays Market by Distribution Channel
9.2.5.6 Rest of Europe Ice Cube Trays Market
9.2.5.6.1 Rest of Europe Ice Cube Trays Market by Material Type
9.2.5.6.2 Rest of Europe Ice Cube Trays Market by Distribution Channel
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Ice Cube Trays Market Overview
9.3.2 Asia-Pacific Ice Cube Trays Market Forecasts and Analysis
9.3.3 Asia-Pacific Ice Cube Trays Market Forecasts and Analysis - By Material Type
9.3.4 Asia-Pacific Ice Cube Trays Market Forecasts and Analysis - By Distribution Channel
9.3.5 Asia-Pacific Ice Cube Trays Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Ice Cube Trays Market
9.3.5.1.1 Australia Ice Cube Trays Market by Material Type
9.3.5.1.2 Australia Ice Cube Trays Market by Distribution Channel
9.3.5.2 China Ice Cube Trays Market
9.3.5.2.1 China Ice Cube Trays Market by Material Type
9.3.5.2.2 China Ice Cube Trays Market by Distribution Channel
9.3.5.3 India Ice Cube Trays Market
9.3.5.3.1 India Ice Cube Trays Market by Material Type
9.3.5.3.2 India Ice Cube Trays Market by Distribution Channel
9.3.5.4 Japan Ice Cube Trays Market
9.3.5.4.1 Japan Ice Cube Trays Market by Material Type
9.3.5.4.2 Japan Ice Cube Trays Market by Distribution Channel
9.3.5.5 South Korea Ice Cube Trays Market
9.3.5.5.1 South Korea Ice Cube Trays Market by Material Type
9.3.5.5.2 South Korea Ice Cube Trays Market by Distribution Channel
9.3.5.6 Rest of Asia-Pacific Ice Cube Trays Market
9.3.5.6.1 Rest of Asia-Pacific Ice Cube Trays Market by Material Type
9.3.5.6.2 Rest of Asia-Pacific Ice Cube Trays Market by Distribution Channel
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Ice Cube Trays Market Overview
9.4.2 Middle East and Africa Ice Cube Trays Market Forecasts and Analysis
9.4.3 Middle East and Africa Ice Cube Trays Market Forecasts and Analysis - By Material Type
9.4.4 Middle East and Africa Ice Cube Trays Market Forecasts and Analysis - By Distribution Channel
9.4.5 Middle East and Africa Ice Cube Trays Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Ice Cube Trays Market
9.4.5.1.1 South Africa Ice Cube Trays Market by Material Type
9.4.5.1.2 South Africa Ice Cube Trays Market by Distribution Channel
9.4.5.2 Saudi Arabia Ice Cube Trays Market
9.4.5.2.1 Saudi Arabia Ice Cube Trays Market by Material Type
9.4.5.2.2 Saudi Arabia Ice Cube Trays Market by Distribution Channel
9.4.5.3 U.A.E Ice Cube Trays Market
9.4.5.3.1 U.A.E Ice Cube Trays Market by Material Type
9.4.5.3.2 U.A.E Ice Cube Trays Market by Distribution Channel
9.4.5.4 Rest of Middle East and Africa Ice Cube Trays Market
9.4.5.4.1 Rest of Middle East and Africa Ice Cube Trays Market by Material Type
9.4.5.4.2 Rest of Middle East and Africa Ice Cube Trays Market by Distribution Channel
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Ice Cube Trays Market Overview
9.5.2 South and Central America Ice Cube Trays Market Forecasts and Analysis
9.5.3 South and Central America Ice Cube Trays Market Forecasts and Analysis - By Material Type
9.5.4 South and Central America Ice Cube Trays Market Forecasts and Analysis - By Distribution Channel
9.5.5 South and Central America Ice Cube Trays Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Ice Cube Trays Market
9.5.5.1.1 Brazil Ice Cube Trays Market by Material Type
9.5.5.1.2 Brazil Ice Cube Trays Market by Distribution Channel
9.5.5.2 Argentina Ice Cube Trays Market
9.5.5.2.1 Argentina Ice Cube Trays Market by Material Type
9.5.5.2.2 Argentina Ice Cube Trays Market by Distribution Channel
9.5.5.3 Rest of South and Central America Ice Cube Trays Market
9.5.5.3.1 Rest of South and Central America Ice Cube Trays Market by Material Type
9.5.5.3.2 Rest of South and Central America Ice Cube Trays Market by Distribution Channel
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ICE CUBE TRAYS MARKET, KEY COMPANY PROFILES
11.1. TOVOLO
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. TICENT
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. SHAPED
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. GLACIO
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. THE CLASSIC KITCHEN
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. SUMPRI
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. SAMUELWORLD
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. FRANKFURT.CO
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. ADORIC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. THE ORIGINAL WHISKEY BALL
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1.Tovolo
2.Ticent
3.Shaped
4.Glacio
5.The Classic Kitchen
6.SUMPRI
7.Samuelworld
8.Frankfurt.Co
9.Adoric
10.The Original Whiskey Ball
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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