Published by Coherent Market Insights
Posted on October 4, 2021
4 min readLast updated: January 31, 2026
The global commercial refrigeration market is growing due to rising demand for frozen foods, with a projected CAGR of 5.2% by 2027.
United States/WA: The global commercial refrigeration equipment market is estimated to exhibit a CAGR of 5.2% over the forecast period (2019-2027).
Report Pages:[245 Pages]
Market Competitive Landscape:-
Major layers operating in the Global Commercial Refrigeration Equipment Market are: United Technologies Corporation, Ingersoll-Rand plc, Johnson Controls Incorporated, Daikin Industries Limited, Dover Corporation, Hussmann Corporation, AHT Cooling Systems GmbH, Ali SpA, Illinois Tool Works Incorporated, Emerson Electric Company, Leer Incorporated, True Manufacturing Company Incorporated, and Whirlpool Corporation
Commercial Refrigeration Equipment refers to the various appliances used to store food, beverages, and other products for long periods. These types of appliances include ice makers, dishwashers, refrigerators, food processors, and dehumidifiers. They are usually rented on a per-day or an hourly basis. In the United States, the leading manufacturers of commercial refrigeration equipment are Bosch, Frigidaire, Kenmore, LG, Whirlpool, Master Craft, Trane, and Kenwick.
There are many other manufacturers of commercial refrigeration equipment that can be found in various places all over the world. The most common type of commercial refrigeration equipment is the pull-down temperature application, which has many advantages over other types. First, they offer high reliability with high energy efficiency. Also, they are more convenient because there is no need for a hot water tank, as there is for a water heater system. The main advantage of the pull-down temperature application is that it offers a wide temperature range and a consistent level of temperature. This is especially important in restaurants and factories, where the products that they sell are most likely to undergo changes in temperature over the course of the day.
With the increasing demand for frozen food among consumers, the demand in the global commercial refrigeration equipment market is also rising. For instance, in 2019, the global frozen food sector generated a revenue of approximately US$ 291.3 billion. Moreover, the increased sales of various other packaged foods that need to be stored at the right temperature are also augmenting the growth of the global commercial refrigeration equipment market.
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Another common commercial refrigeration equipment is the vertical line fridge, which is another popular type that offers a wide temperature range. These appliances also have the option of either hot water or steam release airflow control. A vertical line fridge is more energy-efficient than a bottom-loading fridge, which also offers several design improvements, such as wider door openings and a reversible cooling fan. However, strict environmental regulations against the usage of fluorocarbon refrigerants are posing a threat to the development of the global refrigeration equipment market.
Owing to developing economies and an increase in disposable income in the region, Asia Pacific is witnessing increasing demand in the refrigeration equipment market. For instance, according to Trading Economics, in 2019, the approximate disposable income of India was more than US$ 2 million. Owing to all these factors there have been some key industrial developments in the global refrigeration equipment market. For instance, in January 2020, HOSHIZAKI Corporation introduced static cooling commercial refrigerators in India.
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The post [PDF] The Global Commercial Refrigeration Equipment Market Continues To Grow Owing To the High Demand for Safe Grade Foods and Frozen Foods among Consumers appeared first on Gatorledger.
The article discusses the growth of the global commercial refrigeration equipment market driven by demand for frozen foods.
Increasing demand for frozen foods and packaged foods requiring refrigeration are key drivers.
Strict environmental regulations against fluorocarbon refrigerants are a significant challenge.
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