| Product Code: ETC5516313 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus continued to see significant imports of catering equipment, with top exporting countries including Italy, Germany, Greece, China, and the USA. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting strong competition among these key players. The impressive compound annual growth rate (CAGR) of 20.21% from 2020 to 2024 highlights the growing demand for catering equipment in Cyprus. Additionally, the growth rate of 8.24% from 2023 to 2024 demonstrates a sustained upward trajectory in the importation of catering equipment, indicating a favorable market outlook for the industry.

By 2027, Cyprus's Catering Equipment market is forecasted to achieve a stable growth rate of 3.49%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

The catering equipment market in Cyprus is expanding as the foodservice industry grows. Hotels, restaurants, and event organizers require high-quality catering equipment such as ovens, refrigerators, and serving stations to meet the demands of large-scale food preparation and service.
The catering equipment market in Cyprus is propelled by the expanding hospitality and foodservice sectors, particularly in tourism-driven regions. The growing number of hotels, restaurants, and catering businesses is driving the demand for high-quality, efficient catering equipment to meet customer expectations.
The catering equipment market in Cyprus faces challenges from the small size of the hospitality industry and high importation costs. Competition from international suppliers and limited local production further impact market growth.
The catering equipment market in Cyprus is shaped by government policies that regulate food safety and hygiene standards. The government enforces strict regulations on equipment used in the foodservice industry, ensuring compliance with EU food safety directives. Policies promoting tourism and the hospitality industry also boost the demand for catering equipment.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Catering Equipment Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Catering Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Catering Equipment Market - Industry Life Cycle |
3.4 Cyprus Catering Equipment Market - Porter's Five Forces |
3.5 Cyprus Catering Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Catering Equipment Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cyprus Catering Equipment Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Cyprus Catering Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Catering Equipment Market Trends |
6 Cyprus Catering Equipment Market Segmentations |
6.1 Cyprus Catering Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Catering Equipment Market Revenues & Volume, By Cooking Equipment, 2021-2031F |
6.1.3 Cyprus Catering Equipment Market Revenues & Volume, By Food Handling Equipment, 2021-2031F |
6.1.4 Cyprus Catering Equipment Market Revenues & Volume, By Refrigeration Equipment, 2021-2031F |
6.1.5 Cyprus Catering Equipment Market Revenues & Volume, By Food Preparation Equipment, 2021-2031F |
6.1.6 Cyprus Catering Equipment Market Revenues & Volume, By Other, 2021-2031F |
6.2 Cyprus Catering Equipment Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Catering Equipment Market Revenues & Volume, By Full-service Restaurants & Hotels, 2021-2031F |
6.2.3 Cyprus Catering Equipment Market Revenues & Volume, By Quick-service Restaurants, 2021-2031F |
6.2.4 Cyprus Catering Equipment Market Revenues & Volume, By Pubs, 2021-2031F |
6.2.5 Cyprus Catering Equipment Market Revenues & Volume, By Caterers, 2021-2031F |
6.3 Cyprus Catering Equipment Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Catering Equipment Market Revenues & Volume, By Manufacturer/Distributor/Service Provider, 2021-2031F |
6.3.3 Cyprus Catering Equipment Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 Cyprus Catering Equipment Market Import-Export Trade Statistics |
7.1 Cyprus Catering Equipment Market Export to Major Countries |
7.2 Cyprus Catering Equipment Market Imports from Major Countries |
8 Cyprus Catering Equipment Market Key Performance Indicators |
9 Cyprus Catering Equipment Market - Opportunity Assessment |
9.1 Cyprus Catering Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Catering Equipment Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cyprus Catering Equipment Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Cyprus Catering Equipment Market - Competitive Landscape |
10.1 Cyprus Catering Equipment Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Catering Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |