Global Fountain Machines Industry With Volume Reached 990.3 K Units In 2017
Friday, 21 Dec, 2018
Last five year has witnessed high growth in the Fountain Machines industry, with volume reached 990.3 k units in 2017, valued at 2206.4 million USD. This is driven by higher demand of consumption and widens application of Fountain Machines trends. Despite current downturn economy status, Fountain Machines are likely to be affected but should not be heavily. Global Fountain Machines industry is forecasted its growing trend, reaching 1462.6 K units with value 2601.2 million USD in 2024.
Restaurant and Cinema are the main application areas for Fountain Machines market. They accounted for 59.33% and 26.20% of total market share in 2017.
The largest consumption area is North America and Europe which are much matured market. For emerging economies, like China, Fountain Machines technology is rapidly improving.
Although sales of Fountain Machines brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into this field.