Asia Pacific Commercial Refrigerator Market, Size, Share, Analysis Report & Forecast to 2026


Posted August 13, 2021 by danishahmed

The Asia-Pacific commercial refrigerator market is anticipated to grow with a considerable CAGR of 6.5% during the forecast period (2020-2026).
 
The Asia-Pacific commercial refrigerator market is anticipated to grow with a considerable CAGR of 6.5% during the forecast period (2020-2026). Growing urbanization coupled with the expansion of the food service industry is the major factor fueling the growth of the market across the region. Additionally, the fast pace development of convenience stores, hypermarkets, supermarkets, grocery shops, and restaurants across the region is also creating significant demand for commercial refrigerators thus, aiding to the growth of the market. Significant growth in the glass display merchandiser is expected to be witnessed in the region in the near future. 

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A significant shift from fluorinated refrigerants to natural refrigerants owing to the increasing global warming concern is also being observed across the region. Asia Pacific’s countries such as India, Japan, China, Australia, and New Zealand are actively participating in reducing the consumption of harmful refrigerants such as hydro fluorocarbons (HFCs) for commercial refrigeration. For instance, recently Japan revised its F-gas law and has set GWP targets per product group, that is required by each and every manufacturer to reach by a certain target year. Similar laws have been registered in other countries also of the region. 

A Full Report of Asia Pacific Commercial Refrigerator Market is Available at: https://www.omrglobal.com/industry-reports/asia-pacific-commercial-refrigerator-market

Asia-Pacific Commercial Refrigerator Market Report Segment
By Refrigerant Type
Hydro chlorofluorocarbon
Hydro fluorocarbon
Hydro fluorocarbons
Other Refrigerants  

By Application
Food service Industry
Beverage Industry
Frozen Food and Ice Cream Industry 
Research, Laboratory and Pharmaceutical Storage

Asia-Pacific Commercial Refrigerator Market Report By Geography 
China 
Japan 
India 
Rest of Asia Pacific 

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Last Updated August 13, 2021