Global Commercial Bar Refrigeration Equipment Market 2018-2022
About Commercial Bar Refrigeration Equipment
Commercial bar refrigeration equipment is used for storing alcoholic beverages at a controlled, required temperature
Technavio’s analysts forecast the Global Commercial Bar Refrigeration Equipment to grow at a CAGR of 6.31% during the period 2017-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Commercial Bar Refrigeration Equipment Market 2018-2022. To calculate the market size, the report considers the revenue generated from the various end users.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Commercial Bar Refrigeration Equipment Market 2018-2022
Technavio recognizes the following companies as the key players in the Global Commercial Bar Refrigeration Equipment Market.
Commenting on the report, an analyst from Technavio’s team said: “One trend that is affecting the market is rising popularity of commercial bar refrigeration equipment with LED lights
According to the report, one driver that is affecting the market is rising need for end-users to adopt ENERGY STAR-certified commercial bar refrigeration equipment
Further, the report states that one challenge that is affecting the market is high price and tax imposed on alcoholic beverages