The global commercials beverages showcase & freezer market is estimated to grow at a CAGR of 4.7% during the forecast period. Increased disposable income enhances the overall quality of life and increases demand for chilled and frozen foods and beverages. Changes in consumer habits have an impact on such demand. People are eating out more as their living standards rise. An increase in the number of restaurant chains and the quick spread of fast-food networks around the world, particularly in India, China, Southeast Asia, and Japan, are reinforcing this trend. These changes have a beneficial impact on the demand for commercial refrigeration showcase and freezer for food and beverage preservation. Commercial freezers are utilised as displays, or ice cold merchandisers (ICMs), that offer a platform for visual communication and merchandising.
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Changes in eating habits are influenced by the concentration of people in big cities and the rising number of working women. The increased usage of frozen foods and chilled beverages is one such trend propelling the market growth. Increased consumption of packaged foods and non-alcoholic beverages, the expansion of contemporary supermarket merchants, and a surge in the tourism industry are all driving growth of the market. Freezer and beverage cooler products offer energy-efficient consumption and cost-effective energy saving solutions to accomplish effective chilling and refrigeration for applications in many end-use industries, owing to numerous improvements in refrigeration technology.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Applications
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- GEA RSA, Modena, and Sanken, among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Commercials Beverages Showcase & Freezer Market by Segments.
By Type
- Wine Cellar
- Glass Freezer
By Application
- Supermarkets and Hypermarkets
- Convenience Store
- Restaurants
- Others
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