Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Global Commercial Refrigeration Equipment Market R
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Global Commercial Refrigeration Equipment Market Research
Report - Forecast to 2025
Report / Search Code: MRFR/IA - E/0216-CRR
Publish Date: April, 2016
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Global Commercial Refrigeration Equipment – Research
Report, By Type (Display Cases, Walk-in coolers, Ice-making,
Beverage refrigeration, Parts & others), by Application (Food
Manufacturing Industries, Hyper Market & Super Market) & by
Geography (North America, Europe, Asia-Pacific & RoW) -
Forecast to 2025
The Market research future delivers a detailed analysis of 10 years forecast
between 2015 and 2025 and it is expected that Commercial Refrigeration
Equipment market will register the CAGR of more than 5.1% during the
forecast period.
Commercial refrigeration equipment refers to those refrigeration equipment’s
& designs which are used for commercial retail, storage for hypermarket,
large supermarkets, restaurants, convenience store and others. This
equipment includes- display case, ice making machineries, walk-in coolers,
beverage machines, parts & other equipment (Reach-in coolers, vending
machines, liquid-chillers and cryogenic refrigeration).
Global Commercial Refrigeration Equipment market is driven by
supermarkets, hypermarkets & other organized food retail chain. Growth of
this sector gives boost to the commercial refrigeration equipment market. The
commercial refrigeration systems market was expected to be valued at $XX
billion in 2015, and it is expected the y-o-y growth rate of XX% to reach $XX
billion by 2016. As per the analysis, the US market has expected to grow at a
CAGR of XX% during the forecast period of 2015 to 2025
America has witnessed a prospective growth in the last few years because of
the huge retail sector across all the countries and is leader. Followed by
Americas, Europe is considered to be the 2 nd largest market. Asia-Pacific is
one of fastest growing economy where the product has seen a superior
opportunity to grow. Increasing urbanization in developing countries such as
China and India, there is huge development of organized retail sector in
respect to commercial refrigeration equipment market.