Commercial Refrigeration Equipment Market to Reach US$ 65 Billion by 2032 Driven by Growing Demand in Food and Beverage Industries | Research by SNS Insider [Yahoo! Finance]
Carrier Global Corporation (CARR)
Company Research
Source: Yahoo! Finance
Pune, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Commercial Refrigeration Equipment Market Growth Analysis: “According to SNS Insider Research, The Commercial Refrigeration Equipment Market size was valued at US$ 39.88 billion in 2023 and is projected to reach US$ 65 billion by 2032, growing at a CAGR of 5.58% over the forecast period from 2024 to 2032.” Rising Demand for Energy-Efficient Solutions Fuels Growth in the Commercial Refrigeration Equipment Market The Commercial Refrigeration Equipment Market is witnessing steady growth due to rising demand in the food and beverage industry, as well as in retail and hospitality sectors. This demand is largely driven by the need for efficient cooling solutions to preserve perishable items, particularly in developing countries with expanding food stores. The global food trade's growth also supports this market, as robust refrigeration systems are essential for storing and delivering frozen foods , processed foods, and seafood. Innovations in
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CARR
Earnings
- 7/25/24 - Beat
CARR
Sec Filings
- 8/28/24 - Form 144
- 8/15/24 - Form 8-K
- 8/9/24 - Form 4
- CARR's page on the SEC website