Global Commercial Refrigeration Equipment

Global Commercial Refrigeration Equipment

Global demand for commercial refrigeration equipment is forecast to expand 1.8% annually between 2019 and 2024, an improvement over the 2014-2019 performance. While in the near term the COVID-19 pandemic to product a drop in global product sales, a recovery in commercial refrigerated equipment demand will be bolstered by improving economic conditions and rising consumer spending; improving conditions in the retail, food and beverage service, and tourism sectors; and the growing use of newly developed refrigeration technologies in Europe, North America, and mature Asian markets. The pandemic has also drive sales of regular and ultracold freezers used in pharmaceutical applications, refrigerated vending machines, and smart models.

The commercial refrigeration equipment products covered in this study include:
Display Cases
Reach-Ins & Walk-Ins
Beverage Refrigeration Equipment
Ice Machines
Refrigerated Vending Machines
Other Commercial Refrigeration Equipment
Parts

The commercial refrigeration markets covered in this study are:
Food Retailing
Food Service
Food Production
Other Markets

Material handling equipment data is provided for 19 nations in the following regions:
North America
Central & South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast

Scope of the Report
This report covers the scope, size, and growth of the global commercial refrigeration equipment market, including demand by product and demand by market. Historical figures are provided for 2009, 2014, and 2019 with forecasts for 2024 and 2029. Demand, production, and net exports are presented in millions of dollars. Additionally, the study analyzes the global commercial refrigeration equipment industry structure and gives market share figures for leading producers in dollar terms.