Asia Pacific Commercial Refrigerators Market Growth Overview

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The Asia Pacific commercial refrigerator has been witnessing steady growth over the past few years and is expected to grow rapidly during the forecast period. Various factors are driving the demand for commercial refrigerators across industries in the region.

Rise of Food Service Industry

One of the major factors fueling the Asia Pacific Commercial Refrigerator growth is the booming food service industry. The food service sector in Asia Pacific countries has grown significantly with expanding tourism and restaurant businesses. Food service establishments such as hotels, restaurants, cafes and catering businesses are major consumers of commercial refrigeration products. Increasing disposable incomes and changing lifestyles have led to more people eating out and ordering food deliveries which has accelerated the demand for commercial-grade refrigerators. The expansion of quick service restaurants, international food chains and cloud kitchens across tier 1 and tier 2 cities in the region has also contributed towards commercial refrigerator sales.

Growing Organized Retail Sector

The organized retail sector including supermarkets, hypermarkets and convenience stores is another key end-user driving refrigerator adoption. Rising penetration of modern retail formats due to urbanization and improving standards of living has necessitated proper storage and display of perishable items requiring commercial refrigeration solutions. Supermarkets and hypermarkets are installing centralized refrigeration systems for meat, seafood, dairy and other chilled food sections. Walk-in coolers and freezers are also gaining popularity for large format stores. This has provided a fillip to commercial refrigerator manufacturers.

Rising Cold Chain Logistics

With the growth in e-commerce and demand for processed and packaged food, cold chain logistics have become crucial for safe transportation and storage of temperature sensitive items. This has increased procurement of refrigerated trucks, shipping containers and cold storage warehouses equipped with commercial and industrial refrigeration equipment like reach-in and walk-in refrigerators. Countries with hot climates especially require extensive cold chain networks for import and distribution of food products. All these are supporting the sale of commercial refrigeration products.

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About Author:

Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc.

(https://www.linkedin.com/in/ravina-pandya-1a3984191)

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