Refrigerated Display Cases, Beverage Refrigerators and Dispensers, and Chilled Rooms Market

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Transparency Market Research | |

Refrigerated Display Cases, Beverage Refrigerators and Dispensers, and Chilled Rooms Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2022 |

134 Page Report

Published Date 2015-11-27

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Press Release

Commercial Refrigeration Equipment Market to touch US$66.9 bn by 2022, Asia Pacific Steering Growth |

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REPORT DESCRIPTION

Refrigerated Display Cases, Beverage Refrigerators and Dispensers, and Chilled Rooms Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2022

According to a new market report published by Transparency Market Research “Refrigerated Display Cases, Beverage Refrigerators and Dispensers, and Chilled Rooms Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022”, the global commercial refrigeration equipment market was valued at US$31.7 bn in 2014 and is expected to reach US$66.9 bn by 2022, growing at a CAGR of 10.1% from 2015 to 2022.

In 2014, Asia Pacific was the largest revenue contributor to the global commercial refrigeration equipment (Refrigerated Display Cases, Beverage Refrigerators and Dispensers, and Chilled Rooms) market revenue. Factors such as proliferation of retail chains, rising food safety and quality regulations and changing food consumption trends are expected to be key growth drivers during the forecast period. The chilled rooms segment generated maximum revenue contributing 41.2% of the global commercial refrigeration equipment market in 2014. Asia Pacific is expected to be the fastest growing market during the forecast period. The growth in the region is primarily attributed to robust economic developments in China, India and other...