The European commercial refrigerator market is anticipated to grow with a considerable CAGR of 4.4% during the forecast period. Europe’s growth in the commercial refrigerator is anticipated by the emerging foodservice and beverage retail that is driving the application of commercial refrigerators. Additionally, the good economic conditions of the people coupled with the high consumption rate of frozen food are also expected to influence the growth of the market during the forecast period. In addition to this, the high import and export activities across the region as well will also impact the use of refrigerators for transportation.
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Additionally, the demand from the pharmaceutical, life science, and chemical industry for the refrigerator is also experiencing a considerable increase in the region. This in turn will also aid in the growth of the European commercial refrigerator market. Furthermore, the region is home to several of the leading global market players such as Liebherr-International Deutschland GmbH, Electrolux AB, Robert Bosch GmbH among others. These players are continuously expanding their product portfolio in the region as well as across the globe through various strategies including mergers, partnerships, and collaborations.
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Market Coverage
- The market number available for – 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segment Covered-
o By Refringent Type
o By Application
- Regions Covered-
- Germany
o UK
o France
o Spain
o Italy
- Competitive Landscape- Hitachi, Ltd., Robert Bosch GmbH, Liebherr-International Deutschland GmbH, Panasonic Corp., Electrolux AB
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Asia-Pacific Commercial Refrigerator Market Report Segment
By Refrigerant Type
- Hydrochlorofluorocarbon
- Hydrofluorocarbon
- Hydrofluoroolefins
- Other Refrigerants
By Application
- Foodservice Industry
- Beverage Industry
- Frozen Food and Ice Cream Industry
- Research, Laboratory and Pharmaceutical Storage
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
