The Asia Pacific commercial refrigerator market is anticipated to grow at a CAGR of 6.5% during the forecast period. The growth of the market is attributed to the considerable food service infrastructure development coupled with the increasing urban population. In addition to this, the expansion of pharmaceutical, life science, and healthcare sector of the region will also create significant demand for commercial refrigerators. Additionally, the expansion of global supermarket chains across the region will also aid new opportunities in the market.
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The Asia Pacific commercial refrigerator market is segmented based on refrigerant type and application. Based on the refrigerant type, the market is sub-segmented into hydrochlorofluorocarbon, hydrofluorocarbon, hydro-fluoro olefins, and others. Based on the application, the market is sub-segmented into the foodservice industry, beverage industry, frozen food & ice cream industry, and research, laboratory & pharmaceutical storage. On the basis of geography, the market is sub-segmented into China, India, Japan, and the Rest of Asia Pacific.
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Asia-Pacific Commercial Refrigerator Market Segmentation
By Refrigerant Type
- Hydrochlorofluorocarbon (HCFC)
- Hydrofluorocarbon (HFC)
- Hydrofluoroolefins (HFOs)
- Other Refrigerants (Natural Refrigerant, Inorganics)
By Application
- Foodservice Industry
- Beverage Industry
- Frozen Food and Ice Cream Industry
- Research, Laboratory and Pharmaceutical Storage
Regional Analysis
- China
- Japan
- India
Rest of Asia Pacific
Company Profiles
- Electrolux AB
- Glen Dimplex Group
- Godrej & Boyce Manufacturing Co. Ltd.
- Hitachi, Ltd.
- HOSHIZAKI Corp.
- Liebherr-International Deutschland GmbH
- Panasonic Corp.
- Robert Bosch GmbH
- Viking Range, LLC
- Voltas, Ltd.
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