The Middle East commercial refrigerator market is anticipated to grow with a considerable CAGR of 4.0% during the forecast period. The Middle Eastern commercial refrigerator market growth is influenced by the growing retails sector including significant development in the hypermarket and supermarket chains across the region. Additionally, the impact of western eating habits has penetrated very deeply among the population of the region. This in turn is driving the adoption of ready-to-eat and various cooling beverages thus, fueling the market growth.
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Furthermore, the spending on meat is higher across the Middle East countries particularly among GCC countries such as Saudi Arabia, Kuwait, UAE, and Qatar owing to the large and growing wealth of these countries. In addition to this, these countries also rely heavily on imported meat. For instance, in GCC countries including Kuwait, Oman, Qatar, and Bahrain, almost all beef consumed is imported products. The storage of meat during transportation as well as during the storage in retail stores requires refrigeration. Therefore, the aforementioned factors are anticipated to be a major factor fueling offering to the commercial refrigerator market during the forecast period.
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Market Coverage
- The market number available for – 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segment Covered-
o By Refringent Type
o By Application
- Regions Covered-
o UAE
o Saudi Arabia
o Qatar
o Egypt
- Competitive Landscape- Liebherr-International Deutschland GmbH, Panasonic Corp., ADEAREST, Blue Star Ltd., The Carrier Company, VIKING RANGE, LLC
Key questions addressed by the report
- What is the market growth rate?
- Which segment dominates the market in the base year?
- Which segment will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Asia-Pacific Commercial Refrigerator Market Report Segment
By Refrigerant Type
- Hydrochlorofluorocarbon
- Hydrofluorocarbon
- Hydrofluoroolefins
- Other Refrigerants
By Application
- Foodservice Industry
- Beverage Industry
- Frozen Food and Ice Cream Industry
- Research, Laboratory and Pharmaceutical Storage
Middle East Commercial Refrigerator Market– Segment by Country
- UAE
- Qatar
- Saudi Arabia
- Egypt
- Rest of Middle East
Company Profiles
- ADEAREST
- AFE Group Ltd.
- Arneg Middle East
- Blue Star Ltd.
- IESCO
- Liebherr-International Deutschland GmbH
- Panasonic Corp.
- Carrier Global Corp.
- TSSC Co. LLC (Harwal Group)
- Viking Range, LLC
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