Europe Commercial Refrigeration Equipment Market | Research Statistics, Growing Trends And Regional Forecast 2027

Europe Commercial Refrigeration Equipment Market | Research Statistics, Growing Trends And Regional Forecast 2027

Commercial Refrigeration Equipment Market Overview:

The Commercial Refrigeration Equipment market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry's top rivals. The research scope covers a complete analysis of the Commercial Refrigeration Equipment Market, as well as the causes for variances in the industry's growth in various places.

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Commercial Refrigeration Equipment Market is anticipated to reach US$ 43.73Bn by 2027 from US$ 28.7Bn in 2020 at a CAGR of 6.2% during a forecast period.

Market Scope:

To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.


The market for commercial refrigerators in Europe is predicted to grow as a result of changing consumer preferences for fast food, an increase in dual-family households, and a hectic lifestyle. People are leaning more in the direction of prepared foods, like frozen foods with high nutritional values. Additionally, it is anticipated that a key factor in the region's rapid expansion of the retail chain for consumer goods will be the increased demand for packaged food and beverages, hospitality industry growth, and commercial refrigerator adoption.


The exploration of international flavours, rising milk and dairy product production, and rising consumer preference for various regional cuisines are expected to fuel the segment's growth.

Demand for commercial refrigeration equipment is fueled by the need to transport items that must maintain a specific temperature, including food, beverages, medicines, and chemicals. The retail market for food and beverages is expected to have the highest volume of demand. About a third of all commercial refrigeration equipment sold in 2019 was made up of it. These two industries—foodservice and food and beverage retail—accounted for 52.2% of the market's overall revenue in 2019.

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Key Players: The key players are

• York (Johnson Controls)
• Metalfrio Solutions, Inc
• Interlevin Refrigeration Ltd
• Epta S.p.a
• Hubbard Products Ltd
• Ingersoll Rand Plc
• Dover Corporation (Hill Pheonix)
• Illinois Tool Works Inc
• FrigoGlass
• Carrier
• United Technologies Corporation
• Standex International Corporation
• The Manitowoc Company, Inc.
• Johnson Controls International Plc
• GEA Group AG
• Welbilt, Inc

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Regional Analysis:

Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Commercial Refrigeration Equipment market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.

COVID-19 Impact Analysis on Commercial Refrigeration Equipment Market: The report also includes a detailed analysis of COVID-19 on the Commercial Refrigeration Equipment market.

Key Questions Answered in the Commercial Refrigeration Equipment Market Report are:

  • Which sub-segment had the largest share in the Commercial Refrigeration Equipment market?
  • How is the competitive landscape of the Commercial Refrigeration Equipment market in 2020?
  • Which are the key drivers impacting the Commercial Refrigeration Equipment market growth?
  • Which region holds the maximum share in the Commercial Refrigeration Equipment market?
  • What will be the CAGR of the Commercial Refrigeration Equipment market during the forecast period (2021-2027)?

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