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Major trends in the global commercial refrigeration market
The global commercial refrigeration market, half of which is made up of the refrigerated display cabinet segment, amounted to USD 71 billion in 2021, up 8.8% year-on-year and 14% over four years.
According to JARN (1), the global refrigeration* market value in 2021 reached USD 107.7 billion. Of this total, commercial refrigeration represented USD 71.0 billion (65.9%), industrial refrigeration amounted to USD 30.9 billion (28....