China Commercial Refrigeration Equipment Market, by Application

Year WALK-IN/REACH-IN COOLERS DISPLAY CASES BEVERAGE REFRIGERATION
2017 $ 464.2 $ 331.7 $ 192.0
2018 $ 497.7 $ 358.7 $ 209.3
2019 $ 533.7 $ 388.2 $ 228.3
2020 $ 573.3 $ 420.9 $ 249.5
2021 $ 616.8 $ 457.2 $ 273.3
2022 $ 664.0 $ 497.2 $ 299.5
2023 $ 717.7 $ 543.0 $ 329.8
2024 $ 775.6 $ 593.1 $ 363.1
2025 $ 838.0 $ 647.9 $ 399.9
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China Commercial Refrigeration Equipment Market, by Application

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

Market Dynamics

china is one of the fastest-growing economies in the world, and with this growth comes a significant demand for commercial refrigeration equipment. commercial refrigeration equipment, also known as industrial refrigeration, refers to a wide range of products used in industries such as food and beverage, retail, and pharmaceuticals for storing and preserving goods at low temperatures. one of the main drivers of demand for commercial refrigeration equipment in china is the thriving food and beverage industry. with the rise in disposable income and changing consumer preferences, there has been a significant increase in the demand for processed and packaged food products. this has led to a surge in demand for industrial refrigeration units to store and transport these products while maintaining their quality and freshness. similarly, the retail industry in china is also booming, with a growing number of hypermarkets, supermarkets, and convenience stores. these establishments require refrigeration equipment not only for preserving food but also for display purposes. the use of glass-door coolers and display cases in retail stores has become increasingly popular as it allows customers to view and access the products easily. thus, the demand for these equipment is only expected to grow further. another key application for commercial refrigeration equipment in china is the pharmaceutical industry. with a rapidly aging population and growing healthcare needs, the demand for pharmaceutical products has been on the rise. these products require strict temperature control, and industrial refrigeration units play a crucial role in preserving their efficacy. the use of refrigerated storage facilities and transportation vehicles has become an integral part of the pharmaceutical supply chain in china. moreover, the rise of e-commerce in china has also led to an increase in demand for commercial refrigeration equipment. the growth of online grocery sales has created a need for refrigerated warehouses and delivery vehicles to ensure the quality of perishable goods during transportation. in the hospitality industry, hotels, restaurants, and catering services also heavily rely on commercial refrigeration equipment to keep their food products fresh and safe for consumption. with the increasing number of tourists and business travelers in china, the demand for high-quality food and beverage offerings has also risen, thus driving the need for efficient and reliable refrigeration equipment. in conclusion, the demand for commercial refrigeration equipment in china is driven by various applications such as food and beverage, retail, pharmaceuticals, e-commerce, and hospitality. the growth of these industries, along with technological advancements and changing consumer habits, are expected to further fuel the demand for these products in the coming years.

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