Commercial Refrigeration Equipment Market in Asia Pacific is expected to register a CAGR of 7.4% during the forecast period (2019-2025) - KBV Research

Jun-19 | Report Format: Electronic (PDF)

Growth, Trends and Report Highlights

According to a new report Asia Pacific Commercial Refrigeration Equipment Market, published by KBV Research, the Asia Pacific Commercial Refrigeration Equipment Market would witness market growth of 7.4% CAGR during the forecast period (2019-2025).

The China market dominated the Asia Pacific Transportation Refrigeration Equipment Commercial Refrigeration Equipment Market by Country 2018, growing at a CAGR of 4.7 % during the forecast period. The Japan market is expected to witness a CAGR of 6.1% during (2019-2025). Additionally, The India market is expected to witness a CAGR of 7.8% during (2019-2025).

The Food Service market dominated the Asia Pacific Commercial Refrigeration Equipment Market by Application 2018, growing at a CAGR of 6.6 % during the forecast period. The Food & Beverage Distribution market is expected to witness a CAGR of 6.2% during (2019-2025). Additionally, The Food & Beverage Retail market is expected to witness highest CAGR of 8.1% during (2019-2025).

The Hypermarket & Supermarket market dominated the Japan Commercial Refrigeration Equipment Market by Retail Channel 2018, thereby, achieving a market value of $1,661.1 million by 2025, growing at a CAGR of 5.8 % during the forecast period. The Convenience store & Specialty store market is expected to witness a CAGR of 6.2% during (2019-2025). Additionally, The Others market is expected to witness highest CAGR of 15.4% during (2019-2025).

Full Report: https://www.kbvresearch.com/asia-pacific-commercial-refrigeration-equipment-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of WELBILT, Inc., Panasonic Corporation, Standex International Corporation, GEA Group AG, Emerson Electric co., Whirlpool Corporation, United Technologies Corporation, Johnson Controls International Plc., Illinois Tool Works Inc., and The Manitowoc Company, Inc.