The Business Research Company’s Commercial Refrigeration Equipment Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Commercial Refrigeration Equipment Global Market Report 2023 evaluates commercial refrigeration equipment market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global commercial refrigeration equipment market size will grow from $59.18 billion in 2022 to $62.11 billion in 2023 at a compound annual growth rate (CAGR) of 4.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global commercial refrigeration equipment is expected to grow to $73.95 billion in 2027 at a CAGR of 4.5%.
The commercial refrigeration equipment market segments in the report are:
1) By Product Type: Refrigerator & Freezer, Transportation Refrigeration, Refrigerated Display Cases, Beverage Refrigeration, Ice Cream Merchandiser, Refrigerated Vending Machine
2) By Refrigerant Type: Fluorocarbons, Hydrocarbons, Inorganics
3) By Application: Hotels & Restaurants, Supermarkets & Hypermarkets, Convenience Stores, Bakery
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The table of contents in TBRC’s commercial refrigeration equipment market report includes:
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Top 5 Major Key Players Are:
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