Used Restaurant Equipment Market to Grow with a CAGR of 7.59% through 2030
The Used Restaurant Equipment Market is
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According to
TechSci Research report, “Used Restaurant Equipment Market - Global Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, The global Used Restaurant Equipment Market was valued at USD 7.34 Billion in 2024 and is expected to reach USD 11.35 Billion by 2030 with a CAGR of 7.59% during the forecast period. The global used restaurant equipment
market has been experiencing steady growth as more foodservice operators
recognize the economic and environmental advantages of acquiring second-hand
equipment. This market plays an increasingly vital role in the broader
commercial kitchen and foodservice equipment sector, offering an affordable
solution for businesses to furnish their kitchens without incurring the high
costs associated with purchasing new equipment. Used restaurant equipment
encompasses a wide variety of items such as refrigerators, ovens, fryers,
dishwashers, grills, mixers, and display units. These items often retain
functionality and durability, making them suitable for extended use when
properly maintained. The increased awareness around cost-efficiency and
sustainability has significantly contributed to the rising popularity of used
restaurant equipment globally.
Cost-efficiency
remains a primary driver for the expansion of the used restaurant equipment
market. New restaurant owners, particularly small and medium-sized enterprises
(SMEs) and independent operators, often operate on limited budgets. Used
equipment presents a practical alternative by allowing them to allocate
financial resources toward other essential business areas such as rent,
staffing, marketing, and inventory. In many cases, refurbished equipment can
perform just as well as new models, especially when sourced from reputable
dealers who inspect, repair, and certify functionality. This economic rationale
is especially compelling in emerging markets, where access to capital is often
limited and economic volatility drives more conservative financial planning. As
restaurant startups continue to grow, particularly in urban areas and
developing regions, the demand for affordable, reliable kitchen equipment is
expected to rise accordingly.
Environmental
sustainability is another major force influencing the used restaurant equipment
market. Growing awareness of climate change and resource conservation has led
many businesses to consider the ecological impact of their purchasing
decisions. By reusing equipment, restaurants contribute to reducing industrial
waste and lowering demand for newly manufactured products, which consume raw
materials and energy. Supporting a circular economy model, the reuse of
restaurant equipment reduces landfill contributions and carbon footprints while
extending the lifecycle of functional items. Additionally, many governments and
environmental organizations now advocate for sustainable business practices,
including the use of recycled or second-hand equipment, further supporting
market growth. For restaurants seeking to build environmentally responsible
brands, investing in used equipment serves both practical and promotional
purposes.
The
emergence of digital platforms has transformed the landscape of the used
restaurant equipment market, making it more accessible and transparent. Online
marketplaces, auction sites, and specialized vendor platforms have made it
easier for buyers and sellers to connect across geographic boundaries. These
platforms often provide detailed product descriptions, condition reports,
photos, and customer reviews, which help build trust in the buying process.
Some platforms go a step further by offering refurbished equipment with
warranties, logistical support, and installation services. The convenience of
online shopping, combined with the ability to compare prices and offerings, has
significantly reduced the barriers to entry for many buyers. This has allowed independent
operators, food trucks, and ghost kitchens to quickly acquire the tools they
need to operate efficiently.
Browse over xx
market data Figures spread through xx Pages and an in-depth TOC on
"Global Used Restaurant Equipment Market.”
The global Used
Restaurant Equipment Market is segmented into type, end use, distribution channel, and region.
Based
on distribution channel,
online distribution channel is the fastest-growing segment in the used
restaurant equipment market due to its convenience, accessibility, and
expansive reach. Digital platforms enable buyers to browse a wide range of
products, compare prices, read reviews, and view detailed specifications from
the comfort of their location. The rise of e-commerce and specialized B2B
marketplaces has made it easier for restaurants, food trucks, and ghost
kitchens to source affordable equipment quickly and efficiently. Additionally,
many online sellers now offer refurbished equipment with warranties and
delivery services, enhancing buyer confidence and streamlining the purchasing
process across both local and international markets.
Based
on region, Asia Pacific is the fastest-growing region in the global used
restaurant equipment market, driven by rapid urbanization, a booming
foodservice industry, and the rise of small and medium-sized restaurant
enterprises. Countries like India, China, and Southeast Asian nations are
witnessing a surge in demand for affordable, quality equipment due to
increasing entrepreneurial ventures and the expansion of quick-service
restaurants. The region's growing digital infrastructure also supports the rise
of online marketplaces, making used equipment more accessible. Additionally,
heightened awareness of cost savings and sustainability is encouraging more
foodservice operators in Asia Pacific to opt for second-hand equipment to
reduce startup and operational costs.
Major companies
operating in global Used Restaurant Equipment Market are:
- Machineseeker Group
- Jeans Restaurant Supply
- Bid on Equipment
- Texas Restaurant Supply
- Lauro Restaurant Equipment
- Gillette Restaurant Equipment
- Alternative Sales Corp
- SilverChef
- Central Products, LLC
- Rose’s Equipment
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“The global Used Restaurant Equipment
Market is poised for continued expansion as both demand and infrastructure
improve. The combination of financial savings, environmental benefits, and
increasing market transparency has created a favorable environment for buyers
and sellers alike. Technological advancements in equipment design, online
platform development, and supply chain logistics are likely to further
streamline transactions and build confidence in the resale process. As the
foodservice sector continues to diversify and evolve, particularly with the
rise of delivery-based and hybrid dining models, the need for flexible and
budget-friendly equipment solutions will grow. “Said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based management
consulting firm.
“Used Restaurant
Equipment Market – Global Industry Size, Share, Trends, Opportunity, and
Forecast, Segmented By Type (Kitchen Purpose Equipment, Cooking Equipment, Food
& Beverage Preparation Equipment, Refrigeration Equipment, Food Holding
& Storing Equipment, Others), By End Use (Full-service Restaurants &
Hotels, Quick-service Restaurants & Pubs, Catering, Others), By
Distribution Channel (Online, Offline), By Region & Competition, 2020-2030F”,
has evaluated the future growth potential of global Used Restaurant Equipment
Market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the global Used Restaurant
Equipment Market.
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