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In 2023, key companies like Ali Group, Illinois Food Equipment, Meiko, The Middleby Corporation, and Wasserstrom held a combined market share of 30%-35%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.
Companies are fiercely competing in technological innovation, focusing on IoT-enabled systems, smart dishwashers, and automated solutions. These advancements aim to boost efficiency, reduce cleaning times, and save energy and water. Major players are expanding in high-growth regions like Asia-Pacific, Latin America, and the Middle East and Africa. Companies such as Winterhalter and Electrolux are targeting markets in China, India, Southeast Asia, and Africa to capitalize on the rising demand for commercial warewashing solutions driven by urbanization and the growing foodservice sector.
Major players operating in the warewashing equipment industry are: