Equipment & furniture industry comprises companies dealing with equipment, tools, furniture, upholstery, linen, etc. These equipment and furniture are primarily used by service and hospitality industry. For example, foodservice equipment (FSE), curtain and table linen, napkins, chairs, restaurant tables, bedroom furniture, bed linen, etc. are used in restaurants and hotels.
With the aim of providing exceptional customer experience, the industry is seeking investments in energy- efficient and technologically advanced equipment like ovens, deep fryers and heated cabinets. In order to leave a lasting impression on their customers and ensure multiple dining experiences, the hospitality industry spends heavily on excellent and sturdy furniture. These could also involve buying theme-based furniture to suit their cuisine or local needs.
Commercial refrigeration equipment (CRE) are used in food and beverage industry to store food ingredients. These equipment includes self-contained and remote condensing commercial refrigerators and ice-cream freezers along with transparent doors. Supermarkets, grocery stores, specialty food stores and other food retail industry are now using CRE for merchandizing purposes as well. In addition, CRE are also used in foodservice industry which includes cafeterias and restaurants. The market for CRE is highly fragmented and most of the equipment are manufactured based on the user specified custom design.
Technological developments in the industry have enabled the availability of edibles through vending machines. These not only help dispense coffee and other beverages but also dispense food ingredients and fast foods. In order to cater to the health-conscious audience, vending machine companies have also started offering meal-sized salads, fresh vegetables and protein foods such as eggs and chicken. This, in turn, will enable consumers to maintain healthy lifestyles despite their busy work schedules.
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