The Market Reports

Synopsis
The global market for Commercial Refrigeration and Freezing Equipment was estimated to be worth US$ 22130 million in 2024 and is forecast to a readjusted size of US$ 26940 million by 2031 with a CAGR of 3.0% during the forecast period 2025-2031.
Commercial Refrigeration and Freezing Equipment are appliances that provide cold storage space for food, beverages, lab samples, and other heat-sensitive items.
The Commercial Refrigeration and Freezing Equipment market plays a crucial role in industries such as food service, retail, pharmaceuticals, and healthcare, where maintaining the temperature of perishable goods is essential. These types of equipment include refrigerators, freezers, display units, and cold storage systems, which are used for storing, preserving, and displaying products at low temperatures. The market for commercial refrigeration and freezing equipment has been growing due to the increasing demand for food preservation, changing retail trends, and technological advancements in energy efficiency and sustainability. As global urbanization continues and foodservice industries expand, the demand for commercial refrigeration and freezing equipment has risen. Restaurants, supermarkets, grocery stores, and convenience stores are significant consumers of these products. Refrigerators, freezers, and cold storage systems are used to store fresh food, frozen products, beverages, and other perishable goods. The ongoing development of energy-efficient, smart, and IoT-enabled refrigeration systems is boosting market growth. New technologies like eco-friendly refrigerants (e.g., hydrofluoroolefins and natural refrigerants), automated temperature controls, and energy-saving systems are becoming more common in commercial refrigeration and freezing equipment. These innovations help businesses reduce energy consumption and operational costs. The global demand for frozen and ready-to-eat meals has significantly increased, especially in emerging markets and urbanized regions. As consumer lifestyles become busier, the need for convenient, long-shelf-life frozen foods is driving the demand for commercial refrigeration and freezing solutions. This trend is particularly significant in the foodservice and retail sectors. The pharmaceutical industry relies heavily on refrigerated storage for vaccines, medicines, and biological products. The healthcare sector requires specialized refrigeration and freezing solutions for storing sensitive medical products. This has created a steady demand for high-quality, reliable refrigeration systems, especially in hospitals, clinics, and pharmacies.
This report aims to provide a comprehensive presentation of the global market for Commercial Refrigeration and Freezing Equipment, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Commercial Refrigeration and Freezing Equipment by region & country, by Type, and by Application.
The Commercial Refrigeration and Freezing Equipment market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Refrigeration and Freezing Equipment.
Market Segmentation
By Company
Carrier Commercial Refrigeration
Haier
Dover Corporation
Epta SpA
Panasonic
Zhejiang Xingxing
Fukushima Industries Corporation
Hoshizaki International
AHT Cooling Systems GmbH
Ali Group
Aucma
Qingdao Hiron
Liebherr
Ugur Cooling
Metalfrio Solutions
Frigoglass
Illinois Tool Works Inc
YINDU KITCHEN EQUIPMENT
Arneg
True Manufacturing
Auspicou
Segment by Type
Refrigerated Display
Frozen Display
Freezer
Segment by Application
Restaurant
Entertainment Venues
Supermarket
Other
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Commercial Refrigeration and Freezing Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Commercial Refrigeration and Freezing Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Commercial Refrigeration and Freezing Equipment in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index