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Wednesday, September 23, 2015

Europe's Commercial Refrigeration Equipment Market Expected to Grow

By 2019, Europe's commercial refrigeration equipment market is expected to grow to a whopping $11,597.2 million. Expansion within the market will be driven by an increase of supermarkets, growth in international food trade, and a rise of frozen food items.

Europeean Commercial Refrigeration Equipment Market Expected to Grow

New refrigeration equipment will be needed to keep up with the elevated demand. According to new findings published by Transparency Market Research, "expansion of retail sector and investment in new outlets has provided necessary momentum leading to revival of the commercial refrigeration equipment market growth." Therefore, not only are new products needed, but obsolete products need to be replaced.

Europe's commercial refrigeration equipment market is segmented in to the following sectors:
  • Transportation refrigeration equipment
  • Refrigerators and freezers
  • Beverage refrigeration
  • Other equipment
  • Parts
These refrigeration products are used in a variety of applications:
  • Food service
  • Food and beverage retail
  • Food and beverage distribution
  • Mom-and-pop stores
  • Food and beverage production
  • Other applications
To learn more about commercial refrigeration, give East Coast Refrigeration a call at 631-249-4556. We're proud to be a leader in the industry, and we're happy to answer any questions you may have! You can also find out more at our website.

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