Asia Pacific Commercial Refrigerators Market, By Product Type, By Distribution Channel (Direct Sales, and Indirect Sales ), By End User

Description

The Asia Pacific commercial refrigerators market is estimated to be valued at US$ 35.08 Bn in 2024 and is expected to reach US$ 61.46 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 8.3% from 2024 to 2031.

Report Coverage		Report Details
Base Year:	2023	Market Size in 2024:	US$ 35.08 Bn
Historical Data for:	2019 To 2023	Forecast Period:	2024 To 2031
Forecast Period 2024 to 2031 CAGR:	8.30%	2031 Value Projection:	US$ 61.46 Bn

Figure. Asia Pacific Commercial Refrigerators Market Share (%), By Product Type 2024

Asia Pacific Commercial Refrigerators Market - IMG1

The Asia Pacific commercial refrigerators market has been growing steadily over the past few years due to the rising demand for frozen and chilled food products across hotels, restaurants, cafes, and retail outlets in the region. Rapid urbanization, growing working population, and increasing consumption of convenient food are some of the key factors supplementing the need for commercial refrigeration. Moreover, the proliferation of modern retail formats such as supermarkets and hypermarkets coupled with the expanding food processing industry has necessitated efficient and large capacity refrigeration solutions. Various innovations in terms of technology, cooling techniques, and energy efficiency are also augmenting the acceptance of commercial refrigerators in countries in Asia Pacific.

Market Dynamics:

The Asia Pacific commercial refrigerators market is driven by the rising food retail industry, growing foodservice sector, and expanding cold chain logistics in the region. However, high initial investment and maintenance costs associated with commercial refrigerators are expected to hinder the market growth. On the other hand, innovations in refrigeration technologies, introduction of IoT integrated smart refrigerators, and increasing demand for eco-friendly refrigerants are likely to create new opportunities. Additionally, the positive influence of e-commerce on the food retail industry supplements the product demand.

Key Features of the Study:

This report provides in-depth analysis of the Asia Pacific commercial refrigerators market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the Asia Pacific commercial refrigerators market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Daikin Industries, Fukushima Industries Corporation, GE Appliances, Haier Group, Hoshizaki Corporation, Hitachi, LG Electronics, Liebherr Group, Midea Group, Panasonic, True Manufacturing Co., Inc., Voltas Limited, Marmon Holdings, Inc., Electrolux AB, and Samsung Electronics
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global Asia Pacific commercial refrigerators market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Asia Pacific commercial refrigerators market

Detailed Segmentation-

Product Type Insights (Revenue, US$ Bn, 2019 - 2031)
- Reach-in Refrigerators
- Walk-in Refrigerators
- Undercounter Refrigerators
- Beverage Refrigerators
- Others
Distribution Channel Insights (Revenue, US$ Bn, 2019 - 2031)
- Direct Sales
- Indirect Sales (e.g., distributors, dealers)
End User Insights (Revenue, US$ Bn, 2019 - 2031)
- Food Service
- Grocery Stores and Supermarkets
- Healthcare
- Hospitality
- Others
Key Players Insights
- Daikin Industries
- Fukushima Industries Corporation
- GE Appliances
- Haier Group
- Hoshizaki Corporation
- Hitachi
- LG Electronics
- Liebherr Group
- Midea Group
- Panasonic
- True Manufacturing Co., Inc.
- Voltas Limited
- Marmon Holdings, Inc.
- Electrolux AB
- Samsung Electronics

Product Code: CMI7263

1. RESEARCH OBJECTIVES AND ASSUMPTIONS

Research Objectives
Assumptions
Abbreviations

2. MARKET PURVIEW

Report Description
- Market Definition and Scope
Executive Summary
- Asia Pacific Commercial Refrigerators Market, By Product Type
- Asia Pacific Commercial Refrigerators Market, By Distribution Channel
- Asia Pacific Commercial Refrigerators Market, By End User

3. MARKET DYNAMICS, REGULATIONS, AND TRENDS ANALYSIS

Market Dynamics
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER's Analysis
Merger and Acquisition Scenario

4. Asia Pacific Commercial Refrigerators Market, By Product Type, 2024-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Reach-in Refrigerators
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Walk-in Refrigerators
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Undercounter Refrigerators
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Beverage Refrigerators
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)

5. Asia Pacific Commercial Refrigerators Market, By Distribution Channel, 2024-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Direct Sales
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Indirect Sales (e.g., distributors, dealers)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)

6. Asia Pacific Commercial Refrigerators Market, By End User, 2024-2031, (US$ Bn)

Introduction
- Market Share Analysis, 2024 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Food Service
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Grocery Stores and Supermarkets
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Healthcare
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Hospitality
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2031, (US$ Bn)

7. COMPETITIVE LANDSCAPE

Daikin Industries
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Fukushima Industries Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
GE Appliances
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Haier Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Hoshizaki Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Hitachi
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
LG Electronics
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Liebherr Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Midea Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Panasonic
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
True Manufacturing Co., Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
Strategies
- Voltas Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Marmon Holdings, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Electrolux AB
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
Samsung Electronics
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies

8. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

9. References and Research Methodology

References
Research Methodology
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