Canada Commercial Refrigeration Equipment Market, by Application

Year WALK-IN/REACH-IN COOLERS DISPLAY CASES BEVERAGE REFRIGERATION
2017 $ 181.3 $ 137.5 $ 57.8
2018 $ 192.8 $ 147.3 $ 62.6
2019 $ 205.0 $ 157.8 $ 67.7
2020 $ 218.5 $ 169.3 $ 73.4
2021 $ 233.3 $ 182.1 $ 79.7
2022 $ 249.3 $ 196.1 $ 86.7
2023 $ 267.5 $ 212.0 $ 94.7
2024 $ 287.1 $ 229.3 $ 103.4
2025 $ 308.2 $ 248.0 $ 113.0
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Canada Commercial Refrigeration Equipment Market, by Application

Synopsis
The above chart is Canada Commercial Refrigeration Equipment Market, by Application

Market Dynamics

the commercial refrigeration equipment market in canada is witnessing increasing demand from various applications such as food and beverage, retail, healthcare, hospitality, and others. these industries are highly dependent on refrigeration equipment to store and preserve their products, making it an essential part of their operations. canada, being a developed country with a strong economy, has a thriving food and beverage industry, which is driving the demand for commercial refrigeration equipment. the food and beverage industry in canada is witnessing significant growth, which is expected to continue in the coming years. with the rise in population and changing consumer preferences, the demand for packaged, processed, and frozen food products is increasing. this has led to a high demand for commercial refrigeration equipment, as it is crucial for the storage and preservation of these products. moreover, the growing popularity of convenience foods and ready-to-eat meals has further fueled the demand for refrigeration equipment in this application. the retail industry in canada is also witnessing a surge in demand for commercial refrigeration equipment. with the increasing number of supermarkets and hypermarkets across the country, the need for refrigerators and freezers to store fresh produce, dairy products, and other perishable items has also grown significantly. these retail establishments are also investing in advanced refrigeration equipment to maintain the quality and freshness of their products, which is crucial for their business success. the healthcare sector in canada is another major application segment driving the demand for commercial refrigeration equipment. hospitals, pharmacies, and clinics require specialized refrigeration equipment to store medicines, vaccines, and blood products at the required temperatures for them to remain effective. with the increasing focus on healthcare facilities and advancements in medical technology, the demand for commercial refrigeration equipment in this sector is expected to rise further. in the hospitality industry, refrigeration equipment is essential for the storage of perishable food and beverages. hotels, restaurants, and cafes all rely on refrigeration equipment to maintain the quality and safety of their food and drinks, which is crucial for their reputation and customer satisfaction. with the growing tourism industry in canada, the demand for commercial refrigeration equipment in this sector is also expected to increase. in conclusion, the demand for commercial refrigeration equipment in canada is driven by multiple applications, making it a crucial market for manufacturers and suppliers. the growth of various industries in the country, along with the increasing demand for convenience and quality products, will continue to boost the demand for commercial refrigeration equipment in the foreseeable future.

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