Commercial Refrigeration Equipment Market Size & Trends  The global commercial refrigeration equipment market size was valued at USD 40.82 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. The rapid expansion of the hospitality and tourism sector and the growing preference among end-consumers for takeaway meals are expected to...

Global Commercial Refrigeration Equipment Market was valued at USD 34.49 billion in 2023 and is expected to reach USD 46.81 billion by the year 2032, at a CAGR of 3.45%. Market Overview Food service, retail, hospitality, and other businesses depend on commercial refrigeration systems to keep perishable goods at controlled temperatures. By reducing spoilage and maintaining quality, these...

The global commercial refrigeration equipment market was valued at USD 40.82 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. This growth is driven by the rapid expansion of the hospitality and tourism sectors and the increasing preference for takeaway meals among consumers. Additionally, regulations aimed at reducing global warming...

The global commercial refrigeration equipment market size was valued at USD 40.82 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. The rapid expansion of the hospitality and tourism sector and the growing preference among end-consumers for takeaway meals are expected to drive market growth over the forecast period. In addition,...

In the dynamic landscape of refrigeration solutions, the Commercial Refrigeration Equipment Market Report has positioned itself with a valuation of USD 36.18 billion in 2022. Projections hint at a robust expansion, eyeing a target of USD 52.65 billion by 2030, marking a commendable Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period from 2023 to 2030. The market's...

The global commercial refrigeration equipment market was valued at USD 40.82 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. Market growth is largely driven by the expanding hospitality and tourism sectors, as well as the increasing preference among consumers for takeaway meals. Additionally, regulatory changes favoring low global...

The global commercial refrigeration equipment market size is estimated to reach USD 58.31 billion by 2030, registering an estimated CAGR of 5.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. The major aspects driving the market growth are the increasing consumption of frozen foods and the significant expansion of tourism and hospitality industries....

The global commercial refrigeration equipment market was valued at USD 40.82 billion in 2023 and is projected to experience steady growth, with a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. This growth is largely driven by several key factors. Firstly, the rapid expansion of the hospitality and tourism...