Dry Ice-making Equipment Market Revenue was valued at USD 1.2 Billion in 2024 and is estimated to reach USD 1.8 Billion by 2033, growing at a CAGR of 5% from 2026 to 2033.
The global dry ice making equipment market size was valued at USD 210 million in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 7.1% from 2023 to 2030. The demand for dry ice making equipment is primarily driven by increasing applications in various industries such as food and beverages, healthcare, logistics, and others. The food industry, in particular, has been a major consumer due to its use in cold chain logistics for preserving perishable goods. The healthcare sector, with its need for temperature sensitive drug storage and transportation, also contributes significantly to the markets growth. The increasing adoption of dry ice for cleaning purposes, also known as CO2 cleaning, has further fueled the demand for advanced equipment in multiple industries.
Regionally, North America dominated the market in 2022, accounting for 38% of the total market share. The U.S., in particular, leads in terms of market share due to the presence of well established industries such as food and beverage processing and pharmaceuticals. The Asia Pacific region is expected to witness the fastest growth during the forecast period, with a projected CAGR of 9.2%, driven by the expanding manufacturing and logistics sectors in countries like China and India. Europe also holds a significant share, with increasing demand for dry ice in both food preservation and industrial applications. The Latin American and Middle Eastern regions are emerging markets, showing substantial growth potential in the coming years due to increased industrial activities and the expansion of the cold chain logistics industry.
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Cold Jet
ASCO Group
Karcher
Artimpex nv
CO2 Air
Inc TOMCO2 Systems
Tooice
Aquila Triventek
Lang & Yüzer Otomotiv A.S.
FREEZERCO2
ICS ice cleaning systems s.r.o.
Ziyang Sida
Wuxi Yongjie
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Dry Ice-making Equipment Market
Pelletizers
Block Makers
Dry Ice Defrosters
Dry Ice Machines for Carbonation
Small Capacity (up to 50 kg/hour)
Medium Capacity (50 kg to 200 kg/hour)
Large Capacity (over 200 kg/hour)
Food and Beverage Industry
Healthcare and Pharmaceuticals
Aerospace and Transportation
Research and Laboratories
Manual Dry Ice-Making Equipment
Automatic Dry Ice-Making Equipment
Semi-Automatic Dry Ice-Making Equipment
Direct Sales
Distributors and Retailers
Online Sales Platforms
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Dry Ice-making Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Dry Ice-making Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Dry Ice-making Equipment Market, By Type
6. Global Dry Ice-making Equipment Market, By Application
7. Global Dry Ice-making Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Dry Ice-making Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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