/ Blog / Douglas Insights Adds Commercial Refrigeration Equipment Market Research Reports to Its Comparison Engine


07 October 2022

Douglas Insights Adds Commercial Refrigeration Equipment Market Research Reports to Its Comparison Engine

Douglas Insights’ promising comparison engine has expanded with the addition of commercial refrigeration equipment market research reports in its vast library of public and private documents. The advanced comparison engine allows market researchers, business owners, and industry experts to dive into their favoured market’s growth drivers, promising opportunities, significant restraints, and overall market trends. Douglas Insights’ Comparison Engine uses vital information such as table of contents, publisher ratings, report prices and the number of pages to make necessary comparisons.


Commercial refrigeration equipment includes freezers and refrigerators used in supermarkets and other commercial facilities where refrigeration of products is required. The commercial refrigeration equipment market is expected to grow at a CAGR of 5.1% during the forecast period of 2022-2030. The change in dietary practices of individuals around the globe has contributed to the demand for commercial refrigerators in supermarkets, whereas pharmaceuticals are also using the equipment to preserve chemicals. The hospitality sector also uses large refrigerators to preserve food items to avoid wastage. 


The COVID-19 pandemic severely affected the hospitality industry as major hotels and restaurants had to shut down their operation due to stringent government restrictions. The pandemic had a significant effect on the demand for commercial refrigeration equipment. However, the post-pandemic wave of new tourists is a positive change that the hospitality industry is looking forward to, contributing to the increased demand for commercial refrigeration units as tourists make their way to hotels and restaurants more often.


The changing food consumption habits are a significant factor propelling the demand for commercial refrigeration equipment. With increasing trends in healthy food, frozen fruits and vegetables are in demand. People around the globe are also moving towards urban areas for a better quality of life, naturally raising food consumption, which leads to a need for various food preservation services and solutions. Moreover, busy schedules and a shift back to the hustle culture have given rise to packaged food in the past few years, which needs refrigeration units for proper preservation.


Despite the growth factors, stringent environmental regulations enforced by governments across the globe may hinder the rise of the commercial refrigeration equipment market. The usage of fluorocarbons in refrigerators is associated with the cause of ozone layer depletion. As a result, refrigeration units with toxic gases are widely banned or restricted in various parts of the world. 


Though the ban on fluorocarbons and derived gases may impede commercial refrigeration equipment market growth, there’s a beneficial opportunity for companies to manufacture green refrigeration units. Major work and capital by several big names in the industry are already put into speed to allow effective research and development on the subject and bring innovative solutions to the commercial refrigeration market.


The commercial refrigeration equipment market is segmented by application type, product type, refrigerant type and geographical region. Commercial refrigerators for hypermarkets are constantly in demand, with other factors such as beverages, frozen food products, dairy packages, preserved meat, etc., at play. Furthermore, the Asia Pacific region is expected to dominate the market, with China leading the trends due to the growing population and expanding food supply demands. Closely following are India, Japan and South Korea, which also need increased food reserves for feeding the growing population. 


US-based companies such as Carrier Corporation, The Middleby Corporation, Emerson Electric Co., and Welbilt are promising commercial refrigeration equipment market players. Additionally, European businesses such as GEA Group Aktiengesellschaft, Germany; Danfoss, Denmark; Daikin Europe Group, Belgium; and AB Electrolux, Sweden, are also rising as tough contenders within the market.

Share on

Continue Reading

Blog Title

White Paper: Deep Dive into the Cloud Infrastructure as a Service (IaaS) Market

The Cloud Infrastructure as a Service (IaaS) market has witnessed remarkable growth in recent years, transforming the way businesses deploy and manage their IT resources.

Sol-Gel Acquires FDA Approval For Its Encapsulated Skin Disease Drug

Sol-Gel Technologies is one of the most well-reputable names for developing innovative and safe medications for skin diseases. The dermatology organization specializes in recognizing, creating, and commercialising generic and branded topical drugs and drug products to treat a plethora of skin diseases.

Bio-Based Products in the Cosmetic Market – Is It About Time?

The market size of the global bio-based cosmetics and personal care ingredients was $4.6 billion in 2021, and research suggests that the industry is likely to grow significantly during the forecast period of 2022-2027.

Industry Insights You Can’t Ignore - Global Clinical Trials Management Systems Market

The global clinical trials management systems market has seen a rapid surge in demand over the years. It will continue to see an upward trend due to various imperative factors gradually.

Recent Press Releases

Douglas Insights Adds Technical Textiles Market Research Reports to Its Comparison Engine

Douglas Insights has analysed various aspects of the Technical Textiles Market and revealed the changes in market trends due to increased awareness of techni...

Douglas Insights Includes Robotic Angiography System Market Research Reports to Its Com...

Douglas Insights has added the Robotic Angiography System Market research to its growing market reports. Douglas insight is one of the best comparison engine...

Douglas Insights Includes Hip Replacement Implants Market to Its Comparison Engine

Douglas Insights has introduced the Hip Replacement Implants Market research report in its comparison, allowing key players in the industry, professionals, a...

Douglas Insights Adds Optical Wireless Communication Market Research Reports to Its Com...

Douglas Insights has included Optical Wireless Communication Market in its comparison engine to enable industry experts and businesses to analyze past and cu...