End-users segment performance in the global commercial beer dispensers market

The global commercial beer dispensers market is expected to grow at a CAGR of 4.20% during the forecast period. Based on the end-user, the global commercial beer dispensers market has been segmented into hotels and restaurants, breweries, pubs, and bars, and others.

Hotels and restaurants are the major end-users of commercial beer dispensers. The increasing number of hotels and restaurants globally is a major factor driving the growth of the segment. For instance, Hilton opened 399 hotels comprising just under 60,000 rooms in 2017. The group has around 345,000 rooms in the pipeline across 107 countries and territories in 2018. The expansion of these hotel chains is expected to continue over the forecast period.

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For instance, in February 2019, Marriot announced its plans to open 30 new luxury hotels. The group is planning to launch its premium range of hotels in emerging countries such as Sri Lanka, Bermuda, Morocco, and Kenya. It is essential for hotel chains to make significant investments in food and beverage service equipment. Therefore, the launch of new hotels globally will fuel demand for food and beverage service equipment such as commercial beer dispensers during the forecast period.