Commercial Refrigeration Equipment Market to Witness Massive Growth Due to Growing Demand for Ready-to-Eat Products

The rapid development of such food outlets and the upgradation of small restaurants and grocery stores are bolstering the sales of commercial refrigeration systems as these systems are heavily required in these stores. Furthermore, the development of organized food retail chains...

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Commercial Refrigeration Equipment Market Boom a Result of Economic Prosperity

In 15 years between 2002 and 2017, the average national per capita income around the world grew from $4,600 to $8,800, the World Bank reports. This has led to a significant increase in the spending power of people, which is helping them buy slightly costlier stuff, such...

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Development of Organized Retail Driving Commercial Refrigeration Equipment Market Globally

In 2017, the global commercial refrigeration equipment market generated a value of $41,396.7 million and is expected to advance at a 6.2% CAGR during the forecast period (2018–2023). The market is witnessing growth due to the rising demand for ready-to-eat products...

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