Commercial Refrigeration Equipment Market Europe

The global commercial refrigeration equipment market size was valued at usd 33 46 billion in 2018 and is estimated to grow at a cagr of 5 4 over the forecast period.

Commercial refrigeration equipment market europe. Commercial refrigeration equipment is visible across supermarkets hypermarkets specialty food stores convenience stores e commerce and other customers. In terms of geographical distribution the european commercial refrigeration market has been classified into countries such as united kingdom germany italy france scandinavia and rest of europe this section includes market estimates and forecast for the commercial refrigeration equipment market for each segment in terms of usd million. Has made an acquisition of austria based aht group. In november 2018 japan based daikin industries ltd.

The europe commercial refrigeration equipment market would witness market growth of 4 8 cagr during the forecast period 2019 2025. The hypermarket supermarket market dominated the europe commercial refrigeration equipment market by retail channel 2018 growing at a cagr of 3 9 during. 159 pages report commercial refrigeration equipment market research report categorizes the global market by product type refrigerant type fluorocarbons hydrocarbons inorganics application hotels restaurants supermarkets hypermarkets and region europe apac north america. According to a new report europe commercial refrigeration equipment market published by kbv research the europe commercial refrigeration equipment market would witness market growth of 4 8 cagr during the forecast period 2019 2025.

Rising demand for packaged food and beverages along with rapid expansion of the hospitality sector has led to substantial market growth. The most prominent trend in the commercial refrigeration equipment industry is the shift from f gases to natural refrigerants. Commercial refrigeration equipment market size was over usd 30 billion in 2017 with over 3 5 cagr estimation between 2018 and 2024 the global shipments are expected to surpass 18 million units by 2024. Get more details on this report request free sample pdf increasing demand for packaged food and beverages coupled with growing hospitality sector is expected to drive the.

The global commercial refrigeration equipment market share stood at 22 6 billion in 2019 which is set to progress at a cagr of 3 0 in between 2020 2030. 21 2020 at 7 56 a m. Commercial refrigeration equipment market size and forecast. Press release global commercial refrigeration equipment market to flourish at double digit cagr during 2020 2026 zion market research published.

The improving consumer lifestyle and flourishing food and healthcare industries is the crucial aspect of the rise in the market revenue of commercial.