Press release
Latin America Commercial Refrigeration Equipment Market Progressing At A CAGR Of 6.50% Between 2017 - 2025
There has been a tremendous increase in agricultural and food exports and imports globally. Growth in production, consumption, and trade of perishable, processed, and packaged food items has driven the need to design and manufacture efficient and effective refrigeration equipment for the commercial sector. Refrigeration is one effective method to store and transport perishable food items across and within nations. Rise in income level has raised the spending capacity in economically developed as well as developing nations. Level of income in an economy has a huge impact on the spending capacity of the population on consumption of processed and packaged food items. Export of meat demands the need for effective transportation refrigeration equipment. Appropriate refrigeration equipment play a vital role in preventing food wastage due to spoilage during storage and transportation.
Production, storage, and transportation of perishable food items require appropriate refrigeration equipment and the rise in food trade has increased the demand for refrigeration equipment in the commercial sector significantly. The rise in income levels of an economy also boosts the spending capacity of the population on leisure travel. To meet the accommodation and meals of travelling population, the hospitality industry has witnessed a tremendous growth. This industry also keeps pace with the changing food consumption patterns due to huge penetration of stored, processed, and packaged food in the food industry. Out of which arises the need to equip the restaurants and food storage areas with efficient and energy saving refrigeration and storage equipment. Hotel industry relies largely on refrigeration in order to maintain food supply. The Increasing number of restaurants also is a vital reason to drive the demand for efficient commercial refrigeration equipment.
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Latin America Commercial Refrigeration Equipment Market: Segmentation
This research report provides an in-depth analysis of the commercial refrigeration equipment market in Latin America based on product type, application, refrigerant type, and country. On the basis of product type the commercial refrigeration equipment market in Latin America is segmented into transportation refrigeration equipment, refrigerator and freezer, beverage refrigeration, commercial refrigeration equipment parts, and others. On the basis of application the commercial refrigeration equipment market in Latin America is segment into food services, food and beverage retail, food and beverage distribution, food and beverage production, and others. On the basis of refrigerant type the commercial refrigeration equipment market in Latin America is segmented into fluorocarbons, inorganic, hydrocarbon/Natural.
The report segments the Latin American commercial refrigeration equipment market by country into Brazil, Mexico, Argentina, Chile, and Rest of Latin America. It also encompasses the key factors by country in the commercial refrigeration equipment market in Latin America. It further offers analysis of the factors that drive and restrain the growth of commercial refrigeration equipment market in Latin America. It discusses the prevailing market trends and prospective growth opportunities in the commercial refrigeration and equipment market country wise and segment wise. It provides market estimates and forecasts for all the segments in terms of revenue (in US$ Mn). Also provided in the report is the competitive landscape of the major players in the Latin American commercial refrigeration equipment market.
Companies Mentioned in the Report
The major players profiled in the report include Metalfrio Solutions SA, Beverage-Air Corporation, Illinois Tool Works, Inc., Dover Corporation, Daikin Industries, Ltd., United Technologies Corporation - (Climate, Controls and Security Unit), Hussmann International, Inc., Lennox International Inc. The company profiles offer a descriptive overview of the companies with respect to the company details, company description, SWOT analysis, revenue and regional market share, and strategic overview. The report also offers a competitive landscape of these players for the year 2016.
The Latin America commercial refrigeration equipment market is segmented as below:
By Product Type
Transportation Refrigeration Equipment
Refrigerator and Freezer
Beverage Refrigeration
Commercial refrigeration equipment parts
Others
By Application
Food Services
Food and Beverage retail
Food and Beverage distribution
Food and Beverage Production
Others
By Refrigerant Type
Fluorocarbons
Inorganic
Hydrocarbons/Natural
By Country
Brazil
Mexico
Argentina
Chile
Rest of Latin America
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Table of Content
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Latin America Commercial Refrigeration Equipment Market
4. Market Overview
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.3. Key Market Indicators
5. Latin America Commercial Refrigeration Equipment Market Analysis and Forecasts, 2015 2025
5.1. Latin America Commercial Refrigeration Equipment Market Overview
5.2. Latin America Commercial Refrigeration Equipment Market Analysis and Forecasts, 2015 2025 (US$ Mn)
5.3. Latin America Commercial Refrigeration Equipment Market Forecast, By Product
5.3.1. Transportation Refrigeration Equipment
5.3.2. Refrigerator and Freezer
5.3.3. Beverage Refrigeration
5.3.4. Commercial refrigeration equipment parts
5.3.5. Others
5.4. Latin America Commercial Refrigeration Equipment Market Forecast, By Application
5.4.1. Food Services
5.4.2. Food and Beverage retail
5.4.3. Food and Beverage distribution
5.4.4. Food and Beverage Production
5.4.5. Others
5.5. Latin America Commercial Refrigeration Equipment Market Forecast, By Refrigerant type
5.5.1. Fluorocarbons
5.5.2. Inorganic
5.5.3. hydrocarbons/Natural
5.6. Latin America Commercial Refrigeration Equipment Market Forecast, By Country
5.6.1. Brazil
5.6.2. Mexico
5.6.3. Argentina
5.6.4. Chile
5.6.5. Rest of Latin America
5.7. Latin America Commercial Refrigeration Equipment Market Attractiveness
5.7.1. By Product
5.7.2. By Application
5.7.3. By Refrigerant Type
6. Brazil Commercial Refrigeration Equipment Market Analysis and Forecasts, 2015 2025
6.1. Brazil Commercial Refrigeration Equipment Market Overview
6.2. Brazil Commercial Refrigeration Equipment Market Analysis and Forecasts, 2015 2025 (US$ Mn)
6.3. Brazil Commercial Refrigeration Equipment Market Forecast, By Product
6.3.1. Transportation Refrigeration Equipment
6.3.2. Refrigerator and Freezer
6.3.3. Beverage Refrigeration
6.3.4. Commercial refrigeration equipment parts
6.3.5. Others
6.4. Brazil Commercial Refrigeration Equipment Market Forecast, By Application
6.4.1. Food Services
6.4.2. Food and Beverage retail
6.4.3. Food and Beverage distribution
6.4.4. Food and Beverage Production
6.4.5. Others
6.5. Brazil Commercial Refrigeration Equipment Market Forecast, By Refrigerant type
6.5.1. Fluorocarbons
6.5.2. Inorganic
6.5.3. hydrocarbons/Natural
6.6. Brazil Commercial Refrigeration Equipment Market Attractiveness
6.6.1. By Product
6.6.2. By Application
6.6.3. By Refrigerant Type
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