Addition or alteration to country, regional & segment scope. The commercial kitchen appliances market is segregated by product into refrigerator, cooking appliance, dishwasher, and other specialized appliance. The cooking appliance segment is anticipated to expand at a CAGR of 7.6% over the forecast period on account of increased demand for combination oven and induction cooktop and cooking range. 24 Jul 2015 Kitchen Culture awarded a contract worth HKD34.6 million. There is a growing trend of the foreign QSR chains trying to adapt to local tastes. The quick service restaurants segment in the Asia Pacific is expected to grow at a substantial rate as a large number of international chains and local players are venturing their businesses in the region. Furthermore, rising awareness amongst the end-use industries regarding the utilization of energy-efficient commercial kitchen equipment is likely to lead to a notable increase in demand for kitchen appliances in the commercial sector. What is the commercial kitchen appliances market growth? The global commercial kitchen appliances market size was valued at USD 79.72 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 6.7% from 2020 to 2027. Get your queries resolved from an industry expert. Please fill out the form below for a free PDF report sample & With the launch of this commercial kitchen equipment, the company is focusing on expanding its product portfolio in the energy-efficient appliances segment as ventless cooking consumes lower energy and has a lower maintenance and installation cost. Bhd. We are in compliance with GDPR & CCPR norms. These players are focused on the development of advanced appliances to strengthen their market reach and expand its product portfolio. An increasing number of restaurants, hotels, and food businesses in this region is likely to aid industry growth. For instance, Parts Town, a U.S.-based distributor of commercial foodservice equipment, acquired the PartsXpress, which is the supplier of foodservice and commercial appliance parts for Smart Care Equipment Solutions. The sales of prominent electronic companies is expected to be affected in the near future. b. Privacy Policy. 08 May 2015INCREASE IN ISSUED AND PAID-UP SHARE CAPITAL OF KITCHEN CULTURE SDN. Grand View Research is registered in the State of California at Grand View Research, Inc. 201 Spear Street 1100, San Francisco, CA 94105, United States. For our share price information, click here to visit Singapore Exchange Ltd. End-use industries are now favoring commercial kitchen equipment inbuilt with digital transformation technologies, such as the Internet of Things (IoT) and Artificial Intelligence (AI), which are helping them cater to their customers with perpetual operations. Thus, the growing emphasis on advancements in refrigeration technologies is expected to boost the demand for refrigerators during the forecast period. 30 Sep 2020Request for Lifting of Trading Halt: Sponsor's Statement, 30 Sep 2020Request for Lifting of Trading Halt, 30 Sep 2020Change - Announcement of Appointment: Redesignation of Independent Director to Executive Director and Chief Investment Officer, 30 Sep 2020Binding Memorandum of Understanding between the Company and Ooway Technology Pte Ltd, 27 Sep 2020Proposed Acquisition of Shares in Ooway Technology Pte Ltd - Receipt of Listing and Quotation Notice, 21 Sep 2020Extraordinary/Special General Meeting - Proxy Form, 21 Sep 2020Extraordinary/Special General Meeting - Circular, 21 Sep 2020Extraordinary/Special General Meeting - Notice of EGM, 31 Aug 2020Update on Proposed Acquisition of 40% Equity Interest in Beijing Anxin Health Products Co., Ltd, 31 Aug 2020Reconstitution of Board Committees, 31 Aug 2020Cessation of Independent Director, 30 Aug 2020Announcement Pursuant to Rule 706A of the Catalist Rules, 30 Aug 2020Financial Statements and Related Announcements: Full Yearly results, 21 Aug 2020Use of Proceeds from Placement of 40,572,000 New Ordinary Shares in the Capital of the Company, 19 Aug 2020Minutes of Extraordinary General Meeting held on 27 July 2020, 18 Aug 2020Proposed Acquisition of Shares in the Capital of Ooway Technology Pte Ltd - Supplemental Announcement. 17 Aug 2020SGX Regco Issues Trade with Caution alert on Shares of Kitchen Culture Holdings Ltd. 14 Aug 2020Disclosure of Change in Interest of Substantial Shareholder, 13 Aug 2020Request for Lifting of Trading Halt - Sponsor's Statement, 13 Aug 2020Request for Lifting of Trading Halt, 13 Aug 2020Proposed Acquisition of Shares in the Capital of Ooway Technology Pte Ltd, 12 Aug 2020Proposed Placement of 40,572,000 New Ordinary Shares - Allotment and Issue of Placement Shares, 07 Aug 2020Disclosure of Change in Interest of Substantial Shareholder, 06 Aug 2020Proposed Placement of 40,752,000 New Ordinary Shares - Allotment and Issue of Placement Shares, 04 Aug 2020Disclosure of Change in Interest of Substantial Shareholder, 03 Aug 2020Disclosure of Change in Interest of Substantial Shareholder, 03 Aug 2020Disclosure of Change in Interest of Director/Chief Executive Officer, 03 Aug 2020Proposed Placement of 40,572,000 New Ordinary Shares - Receipt of Listing and Quotation Notice, 30 Jul 2020Proposed Conversion of Shareholder's Loans into New Shares - Completion, 27 Jul 2020Corrigendum to the Announcement dated 22 July 2020, 27 Jul 2020Extraordinary/Special General Meeting - Resolutions Passed, 27 Jul 2020Extraordinary/Special General Meeting - Proxy Form, 27 Jul 2020Extraordinary/Special General Meeting - Circular, 27 Jul 2020Extraordinary/Special General Meeting - Notice of EGM, 22 Jul 2020Minutes of EGM Held On 29 June 2020, 22 Jul 2020Request for Lifting of Trading Halt - Sponsor's Statement, 22 Jul 2020Request for Lifting of Trading Halt, 22 Jul 2020Proposed Placement of 40,572,000 New Ordinary Shares in the Capital of the Company, 21 Jul 2020Proposed Conversion of Shareholder's Loans into Shares - Receipt of Listing and Quotation Notice, 16 Jul 2020Disclosure of Change in Interest of Substantial Shareholder, 14 Jul 2020Disclosure of Change in Interest of Substantial Shareholder, 13 Jul 2020Disclosure of Change in Interest of Substantial Shareholder, 13 Jul 2020Allotment and Issuance of Shares Pursuant to Conversion of Convertible Loan, 09 Jul 2020Extraordinary/Special General Meeting - Proxy Form, 09 Jul 2020Extraordinary/Special General Meeting - Circular to Shareholders, 09 Jul 2020Extraordinary/Special General Meeting - Notice of EGM, 09 Jul 2020Allotment and Issuance of Shares Pursuant to Conversion of Convertible Loan, 08 Jul 2020Allotment and Issue of Shares Pursuant to the Conversion of Convertible Loan, 08 Jul 2020Disclosure of Change in Interest of Substantial Shareholder, 07 Jul 2020Disclosure of Change in Interest of Substantial Shareholder, 06 Jul 2020Allotment and Issuance of Shares Pursuant to Conversion of Convertible Loan, 06 Jul 2020Disclosure of Change in Interest of Substantial Shareholder, 02 Jul 2020Allotment and Issuance of Shares Pursuant to Conversion of Convertible Loan, 01 Jul 2020Lodgment of Offer Information Statement and Despatch of Notification of Electronic Dissemination - Offer Information Statement, 01 Jul 2020Lodgment of Offer Information Statement and Despatch of Notification of Electronic Dissemination - Notification Letter, 01 Jul 2020Lodgment of Offer Information Statement and Despatch of Notification of Electronic Dissemination - Announcement, 29 Jun 2020Extraordinary / Special General Meeting - Resolutions Passed, 29 Jun 2020Response to Queries from Shareholders in Relation to the Company's Circular Dated 13 June 2020, 25 Jun 2020Proposed Disposal of 60% of the Registered Capital of Kitchen Culture (Sichuan) Co. Ltd - Completion, 23 Jun 2020Update in Relation to the Non-binding MOU for the Proposed Acquisition of Ooway Technology Co., Ltd, 22 Jun 2020Proposed Allotment and Issue of Shares Pursuant to CLA - Receipt of Listing and Quotation Notice, 19 Jun 2020Clarification on the Circular Dated 13 Jun 2020, 12 Jun 2020Extraordinary/Special General Meeting: Voluntary - Proxy Form, 12 Jun 2020Extraordinary/Special General Meeting: Voluntary - Circular to Shareholders, 12 Jun 2020Extraordinary/Special General Meeting: Voluntary - Notice of EGM, 10 Jun 2020Updates on the Proposed Disposal of 60% of the Registered Capital of Kitchen Culture (Sichuan) Co. Ltd, 04 Jun 2020Response to Query Regarding Trading Activity, 04 Jun 2020Query Regarding Trading Activity, 21 May 2020Proposed Disposal of 60% Stake of the Registered Capital of Kitchen Culture (Sichuan) Co. Ltd, 20 May 2020Request for Lifting of Trading Halt - Sponsor's Statement, 20 May 2020Request for Lifting of Trading Halt, 20 May 2020Term Sheet - Proposed Acquisition of 40% Equity Interest in Beijing Anxin Health Products Co., Ltd, 13 May 2020Proposed Conversion of Shareholder's Loans into New Shares - Receipt of Whitewash Waiver from SIC, 04 May 2020Convertible Loan Agreement (3 May 2020), 04 May 2020Entry into a Convertible Loan Agreement, 29 Apr 2020Request for Lifting of Trading Halt - Sponsor's Statement, 29 Apr 2020Request for Lifting of Trading Halt, 29 Apr 2020Entry into Non-binding Term Sheet in relation to a Convertible Loan Agreement, 24 Apr 2020Disclosure of Change in Interest of Substantial Shareholder, 23 Apr 2020Incorporation of Wholly-owned Subsidiary, 23 Apr 2020Disclosure of Change in Interest of Substantial Shareholder, 22 Apr 2020Use of Proceeds from Placement of 56,273,000 New Ordinary Shares in the Capital of the Company, 17 Apr 2020Request for Lifting of Trading Halt - Sponsor's Statement, 17 Apr 2020Request for Lifting of Trading Halt, 17 Apr 2020Non-binding MOU in relation to the Proposed Acquisition of Shares in Ooway Technology Co., Ltd, 07 Apr 2020Compliance with Enhanced Measures relating to Covid-19 Ciruit Breaker: Closure of Workplace Premises, 02 Apr 2020Proposed Conversion of Shareholder's Loans into New Ordinary Shares in Kitchen Culture Holdings Ltd, 20 Mar 2020Disclosure of Change in Interest of Substantial Shareholder, 19 Mar 2020Proposed Placement of up to 57,000,000 New Ordinary Shares in the Capital of the Company, 16 Mar 2020Proposed Placement of up to 57,000,000 New Ordinary Shares of the Capital of the Company, 07 Mar 2020Request for Lifting of Trading Halt - Sponsor's Statement, 07 Mar 2020Request for Lifting of Trading Halt, 06 Mar 2020Proposed Placement of up to 57,000,000 New Ordinary Shares in the Capital of the Company, 03 Mar 2020Financial Statements and Related Announcement: Half Yearly Results, 25 Feb 2020Waiver: Results of Application to the SGX-ST for Extension of Time to Release Unaudited Financial Statements for HY2020, 21 Feb 2020Appointment of Independent Director, 13 Feb 2020Waiver: Application to the SGX-ST for Extension of Time to Release Unaudited Financial Statements for HY2020, 10 Feb 2020Appointment of Executive Director, Business Development, 31 Jan 2020Disclosure of Change in Interest of Substantial Shareholder, 31 Jan 2020Disclosure of Change in Interest of Director/Chief Executive Officer, 30 Jan 2020Sale of Shares by Substantial Shareholders, 23 Jan 2020Disclosure of Change in Interest of Substantial Shareholder, 22 Jan 2020Proposed Conversion of Loans from an External Third Party into 2,000,000 New Shares in the Company, 09 Jan 2020Appointment of Chief Operating Officer, 23 Dec 2019Proposed Conversion of Loans from an External Third Party into 2,000,000 New Shares in the Company, 13 Dec 2019Reconstitution of Board Committees, 13 Dec 2019Appointment of Independent Director, 02 Dec 2019Waiver: Application for an Extension of Time to Comply with Rule 704(7) of the SGX-ST Catalist Rules, 30 Nov 2019Annual Reports and Related Documents, 29 Nov 2019Minutes of Annual General Meeting, 29 Nov 2019Resolutions Passed at Annual General Meeting, 17 Nov 2019Financial Statements and Related Announcement: Discrepancies between Unaudited and Audited Accounts, 13 Nov 2019Annual Report and Related Documents, 13 Nov 2019Annual General Meeting: Voluntary - Notice, 06 Nov 2019Results of Application to the ACRA for Extension of Time for Hold Annual General Meeting for FY2019, 29 Oct 2019Waiver: Results of Application to SGX-ST for Extension of Time to Hold Annual General Meeting for FY2019, 11 Oct 2019Waiver: Application to the SGX-ST for Extension of Time to Hold Annual General Meeting for FY2019, 10 Sep 2019Notice of Change of Address of Share Registrar and Place where Register of Members and Index is Kept, 09 Sep 2019Kitchen Culture Awarded Contracts for Projects Worth S$3.7m, 29 Aug 2019Financial Statements and Related Announcement: Full Yearly Results, 23 Jul 2019Cessation of Independent Director, 28 Jun 2019Annual Reports and Related Documents, 17 Jun 2019Disclosure of Change in Interest of Substantial Shareholder, 17 Jun 2019Note Issue Through Crowdfunding Platform, 21 May 2019Note Issue Through Crowdfunding Platform, 14 Feb 2019Financial Statements and Related Announcement: Half Yearly Results, 07 Feb 2019Reconstitution of Board Committees, 01 Feb 2019Appointment of Independent Director, 01 Feb 2019Cessation of Independent Director, 01 Nov 2018Cessation of General Manager (Appliances), 09 Oct 2018Annual Reports and Related Documents, 09 Oct 2018Annual General Meeting:Voluntary - Notice, 09 Oct 2018Financial Statements and Related Announcement: Discrepancies Between Unaudited and Audited Accounts, 30 Aug 2018Financial Statements and Related Announcement: Full Yearly Results, 29 Jun 2018Disclosure of Change in Interest of Substantial Shareholder, 29 Jun 2018Disclosure of Change in Interest of Director/Chief Executive Officer, 28 Jun 2018Conversion of Shareholder's Loans into 18,477,000 New Shares in Kitchen Culture Holdings Ltd - Completion, 26 Jun 2018Resolutions Passed at Extraordinary General Meeting, 08 Jun 2018Extraordinary/Special General Meeting - Circular for Proposed Debt Conversion, 08 Jun 2018Extraordinary/Special General Meeting - EGM Notice, 05 Jun 2018Conversion of Shareholder's Loans into 18,477,000 New Shares in Kitchen Culture Holdings Ltd, 28 May 2018Note Issue Through Crowdfunding Platform.
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