Walk-in Coolers Segment Expected to Lead the Commercial Refrigeration Equipment Market During 2016 - 2022: P&S Market Research

May 30, 2016, 10:30 ET from P&S Market Research

NEW YORK, May 30, 2016 /PRNewswire/ --

According to market research "Global Commercial Refrigeration Equipment Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Equipment Type (Transportation refrigeration equipment, Walk-in Coolers, Display Cases, Beverage Refrigeration, Ice Making Machinery, Parts, Other Equipment) by Application (Food and Beverage Distribution, Food and Beverage Retail, Food Service, Others)" by P&S Market Research, the global commercial refrigeration equipment market was valued at $ 37,033.5 million in 2015 and it is expected to reach $ 55,688.6 million by 2022.

     (Logo: http://photos.prnewswire.com/prnh/20150727/756778 )

The global commercial refrigeration equipment market is driven by the growth of supermarket, hypermarket, and organized food retail chains. According to Institution of Mechanical Engineers in the year 2014, 25% of total food production in developing countries is wasted mainly due to improper refrigeration. In Africa, about 50% of the food and vegetables are wasted, due to the lack of commercial refrigeration equipment.

Explore Full Report at: https://www.psmarketresearch.com/market-analysis/commercial-refrigeration-equipment-market

The significant growth in the number of supermarket and hypermarket in developing areas has boosted the demand of energy efficient refrigeration equipment in the recent years. The market in Europe is heading towards maturity.

Commercial refrigeration equipment distribution is achieved mainly through two channels - by employing one's own sales service and/or, by collaboration with autonomous wholesalers such as agents, distributors, brokers, and dealers. The selection of the distribution channels depends largely on the preferred market coverage, the economy of scale of the manufacturer, and attributes of buyer such as buyers' volume, and location.

Request for Sample Pages: https://www.psmarketresearch.com/market-analysis/commercial-refrigeration-equipment-market/report-sample

The commercial refrigeration equipment market is highly fragmented and most often the end-users need custom based design specification, to fulfill their requirement. Major manufacturers of commercial refrigeration equipment sell their product as package solutions directly to bulk buyers, such as supermarket and hypermarket retailers

Browse Other Reports on Refrigeration Industry 

Domestic Refrigeration Appliances Market - https://www.psmarketresearch.com/market-analysis/domestic-refrigeration-appliances-market

Magnetic Refrigeration Market - https://www.psmarketresearch.com/market-analysis/magnetic-refrigeration-market

Industrial Refrigeration Market - https://www.psmarketresearch.com/market-analysis/industrial-refrigeration-equipment-market

About P&S Market Research 

P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.

As one of the top growing market research agency, we're keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.

Contact:
Deep
Assistant - Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-Free: +1-888-778-7886 (USA/Canada)
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com


SOURCE P&S Market Research