Global Commercial Panini Grills Market 2017-2021

Overview of the global commercial panini grills market

Technavio’s market research analyst predicts the global commercial panini grills market to grow steadily at a CAGR of above 5% by 2021. One of the primary drivers for this market is the rise in demand for panini grills with improved features. Food service establishments around the world that specialize in providing grilled sandwiches and other grilled food items using panini grills are looking to acquire a grill technology that can provide consistent cooking in a short time. Also, the operational efficiency is another major requirement for the food service establishments. As a result of this rise in demand, the vendors are looking to introduce innovative technologies that can address the end-user requirements. Improvements in the design and technology of commercial panini grills will create more replacement demand among the end-users, which in turn will propel the market growth of the global commercial panini grills industry during the forecast period.

In terms of geography, the Americas accounted for the maximum market share during 2016 and will continue to dominate the commercial panini grills market for the next few years. According to Technavio’ s market analysis experts, the commercial panini grills market in the Americas is mainly driven by the increasing demand for improved features and innovative design technologies. Consequently, vendors in the region are compelled to provide innovative features and designs to enhance the user experience and increase productivity. This rise in the demand for better and more efficient features is expected to augment growth in the commercial panini grills market in the coming years.

Competitive landscape and key vendors