The booming hospitality sector and the food retail industry will enable the commercial refrigerators market in Asia Pacific to reach US$38.83 bn by 2024, rising steadily from nearly US$16.99 bn in 2015.
Albany, NY -- (SBWIRE) -- 09/12/2016 -- Commercial refrigerators are developed to meet the demands of commercial applications. Unlike to domestic applications, commercial refrigerators are high-performing and rugged in design. These refrigerators and freezers are designed such as that they can store large quantity of goods for long period of time as compared to domestic refrigerators. These refrigerators and freezers are available in wide range of storage temperature and capacity, to meet multiple end-use need.
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This research report on the commercial refrigerators market provides detailed analysis of the commercial refrigerators and helps understanding the driving forces behind the popularity of commercial refrigerators. It also provides analysis of major sub-segments of the Asia Pacific commercial refrigerators market for the next eight years. This report includes extensive analysis of industry drivers, restraints and market trends. The market study provides comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. The report includes the segmentation of the market based on glass door refrigerator (by capacity), beverage refrigerators (by type), refrigerated display cases (by type), freezers market (by type), fridge freezers (by type), retail channel and country.
Other important points covered in the research study include:
Definitions, estimates, volume units and forecast of the commercial refrigerators market for the period from 2016 to 2024
Analysis of the Asia Pacific market and respective sub-segments
Recent developments of major players and strategies adopted by them
Profiles of major market participants to help better understand their contribution in the market
The research report includes competitive analysis of various market segments (as mentioned above) for commercial refrigerators, and their in-depth cross-sectional analysis. Additionally, this report include cross segment analysis for Philippines commercial refrigerators market. In order to aid in strategic decision-making, the report also includes the winning strategies adopted by key players.
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For detailed understanding of the commercial refrigerators market, all these segments have also been estimated in terms of revenue (US$ Mn) and volume (# units) for the geographies mentioned above. The market research study analyzes the commercial refrigerators market in Asia Pacific, and provides historical revenue in terms of US$ Mn for the years 2015 and 2014, along with the market forecast for the period 2016 to 2024. Market forecasts have been analyzed considering the impact of various economic, political, social, legal, operational and technological factors influencing market growth.
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