World commercial refrigeration equipment market
According to a new study from Freedonia, global demand for commercial refrigeration equipment is forecast to increase 4.7 percent annually through 2018 to USD 36.5 billion.
According to a new study from Freedonia, global demand for commercial refrigeration equipment is forecast to increase 4.7 percent annually through 2018 to USD 36.5 billion.
China will continue to be the world’s fastest growing market for commercial refrigeration equipment.
Although increasing at rates below the global average, demand gains in developed nations will also play an important role in overall market advances.
China will continue to be the world’s fastest growing market for commercial refrigeration equipment.
Although increasing at rates below the global average, demand gains in developed nations will also play an important role in overall market advances.
% Annual Growth | |||||
---|---|---|---|---|---|
2008 | 2013 | 2018 | 2008-2013 | 2013-2018 | |
World Commercial Equipment Demand | 25050 | 29050 | 36500 | 3.0 | 4.7 |
North America | 7465 | 8410 | 9770 | 2.4 | 3.0 |
Western Europe | 6710 |
5975 | 6840 | -2.3 | 2.7 |
Asia/Pacific | 7600 | 10615 | 14600 | 6.9 | 6.6 |
Central & South America | 845 | 1201 | 1675 | 7.3 | 6.9 |
Eastern Europe | 1370 | 1465 | 1805 | 1.3 | 4.3 |
Africa/Mideast | 1060 | 1384 | 1810 | 5.5 | 5.5 |