| Product Code: ETC4712011 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Portugal`s ice maker import market in 2024 saw significant growth with a high Herfindahl-Hirschman Index (HHI), indicating concentration among top exporters. Spain, Italy, Metropolitan France, Germany, and Denmark were the key countries driving imports. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 18.15%, while the growth rate from 2023 to 2024 spiked at 39.98%. This data suggests a robust and expanding market for ice makers in Portugal, with strong competition among top exporting nations.
By 2027, the Ice maker market in Portugal is anticipated to reach a growth rate of 7.05%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Portugal Ice maker Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Ice maker Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Ice maker Market - Industry Life Cycle |
3.4 Portugal Ice maker Market - Porter's Five Forces |
3.5 Portugal Ice maker Market Revenues & Volume Share, By Product type, 2021 & 2031F |
3.6 Portugal Ice maker Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Portugal Ice maker Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Portugal Ice maker Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing tourism industry in Portugal leading to increased demand for ice makers in hotels, restaurants, and bars. |
4.2.2 Rising disposable income and changing consumer lifestyles driving the demand for home ice makers. |
4.2.3 Technological advancements leading to the development of energy-efficient and innovative ice maker models. |
4.3 Market Restraints |
4.3.1 Seasonal fluctuations in demand due to peak tourist seasons impacting the overall sales of ice makers. |
4.3.2 High initial investment cost for commercial-grade ice makers limiting adoption rates among small businesses. |
4.3.3 Increasing competition from imported ice maker brands affecting the market share of local manufacturers. |
5 Portugal Ice maker Market Trends |
6 Portugal Ice maker Market Segmentations |
6.1 Portugal Ice maker Market, By Product type |
6.1.1 Overview and Analysis |
6.1.2 Portugal Ice maker Market Revenues & Volume, By Ice Cube Maker, 2021-2031F |
6.1.3 Portugal Ice maker Market Revenues & Volume, By Ice Flake Maker, 2021-2031F |
6.1.4 Portugal Ice maker Market Revenues & Volume, By Ice Nugget Maker, 2021-2031F |
6.1.5 Portugal Ice maker Market Revenues & Volume, By Others, 2021-2031F |
6.2 Portugal Ice maker Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Portugal Ice maker Market Revenues & Volume, By Condenser, 2021-2031F |
6.2.3 Portugal Ice maker Market Revenues & Volume, By Evaporator, 2021-2031F |
6.2.4 Portugal Ice maker Market Revenues & Volume, By Throttle Valve, 2021-2031F |
6.2.5 Portugal Ice maker Market Revenues & Volume, By Compressor, 2021-2031F |
6.2.6 Portugal Ice maker Market Revenues & Volume, By Motors, 2021-2031F |
6.2.7 Portugal Ice maker Market Revenues & Volume, By Heating Elements, 2021-2031F |
6.3 Portugal Ice maker Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Portugal Ice maker Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Portugal Ice maker Market Revenues & Volume, By Commercial, 2021-2031F |
7 Portugal Ice maker Market Import-Export Trade Statistics |
7.1 Portugal Ice maker Market Export to Major Countries |
7.2 Portugal Ice maker Market Imports from Major Countries |
8 Portugal Ice maker Market Key Performance Indicators |
8.1 Energy efficiency ratings of ice makers, indicating the adoption of eco-friendly models. |
8.2 Average number of ice maker units sold per month, reflecting the market demand trends. |
8.3 Customer satisfaction scores related to ice maker performance and durability, influencing brand loyalty and repeat purchases. |
9 Portugal Ice maker Market - Opportunity Assessment |
9.1 Portugal Ice maker Market Opportunity Assessment, By Product type, 2021 & 2031F |
9.2 Portugal Ice maker Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Portugal Ice maker Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Portugal Ice maker Market - Competitive Landscape |
10.1 Portugal Ice maker Market Revenue Share, By Companies, 2024 |
10.2 Portugal Ice maker Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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