Latest Report Update: Jan 18, 2020

Asia-Pacific - Refrigerating And Freezing Equipment And Heat Pumps (Except Household Type Equipment) - Market Analysis, Forecast, Size, Trends and Insights

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Asia-Pacific: Commercial Refrigeration Equipment Market Overview 2020

Commercial Refrigeration Equipment Market Size in Asia-Pacific

The revenue of the commercial refrigeration equipment market in Asia-Pacific amounted to $X in 2018, leveling off at the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed over the period under review. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. In that year, the commercial refrigeration equipment market reached its peak level of $X. From 2017 to 2018, the growth of the commercial refrigeration equipment market failed to regain its momentum.

Commercial Refrigeration Equipment Production in Asia-Pacific

In value terms, commercial refrigeration equipment production amounted to $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when production volume increased by X% y-o-y. Over the period under review, commercial refrigeration equipment production reached its peak figure level in 2018 and is likely to see steady growth in the near future.

Production By Country in Asia-Pacific

China (X units) constituted the country with the largest volume of commercial refrigeration equipment production, comprising approx. X% of total volume. Moreover, commercial refrigeration equipment production in China exceeded the figures recorded by the second-largest producer, Japan (X units), threefold. South Korea (X units) ranked third in terms of total production with a X% share.

In China, commercial refrigeration equipment production increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Japan (+X% per year) and South Korea (+X% per year).

Commercial Refrigeration Equipment Exports

Exports in Asia-Pacific

In 2018, approx. X units of refrigerating and freezing equipment and heat pumps (except household type equipment) were exported in Asia-Pacific; surging by X% against the previous year. The total exports indicated perceptible growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, commercial refrigeration equipment exports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. The volume of exports peaked at X units in 2015; however, from 2016 to 2018, exports remained at a lower figure.

In value terms, commercial refrigeration equipment exports amounted to $X in 2018. The total exports indicated a notable increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, commercial refrigeration equipment exports increased by +X% against 2016 indices. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. The level of exports peaked in 2018 and are likely to see steady growth in the near future.

Exports by Country

China was the major exporter of refrigerating and freezing equipment and heat pumps (except household type equipment) exported in Asia-Pacific, with the volume of exports recording X units, which was near X% of total exports in 2018. Singapore (X units) ranks second in terms of the total exports with a X% share, followed by South Korea (X%). Thailand (X units), Taiwan, Chinese (X units), Japan (X units) and Malaysia (X units) occupied a relatively small share of total exports.

From 2007 to 2018, average annual rates of growth with regard to commercial refrigeration equipment exports from China stood at +X%. At the same time, Singapore (+X%), Thailand (+X%), South Korea (+X%), Malaysia (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2007-2018. By contrast, Japan (-X%) illustrated a downward trend over the same period. While the share of Singapore (+X p.p.), China (+X p.p.), South Korea (+X p.p.) and Thailand (+X p.p.) increased significantly in terms of the total exports from 2007-2018, the share of Japan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest commercial refrigeration equipment supplier in Asia-Pacific, comprising X% of total commercial refrigeration equipment exports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

In China, commercial refrigeration equipment exports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Singapore (+X% per year) and Japan (-X% per year).

Export Prices by Country

In 2018, the commercial refrigeration equipment export price in Asia-Pacific amounted to $X per unit, going up by X% against the previous year. Over the period under review, the commercial refrigeration equipment export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 an increase of X% y-o-y. Over the period under review, the export prices for refrigerating and freezing equipment and heat pumps (except household type equipment) reached their maximum at $X per unit in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Japan ($X per unit), while South Korea ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Commercial Refrigeration Equipment Imports

Imports in Asia-Pacific

The imports stood at X units in 2018, jumping by X% against the previous year. The total import volume increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, commercial refrigeration equipment imports attained their peak figure at X units in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure.

In value terms, commercial refrigeration equipment imports amounted to $X in 2018. The total imports indicated a resilient expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, commercial refrigeration equipment imports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, commercial refrigeration equipment imports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

In 2018, China (X units), distantly followed by Indonesia (X units), Australia (X units), the Philippines (X units), Thailand (X units), Viet Nam (X units), Singapore (X units), India (X units) and Japan (X units) were the main importers of refrigerating and freezing equipment and heat pumps (except household type equipment), together creating X% of total imports. The following importers - Malaysia (X units), South Korea (X units) and Taiwan, Chinese (X units) - each reached a X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest commercial refrigeration equipment importing markets in Asia-Pacific were China ($X), Australia ($X) and Japan ($X), together comprising X% of total imports. India, Singapore, Taiwan, Chinese, Thailand, Viet Nam, Indonesia, the Philippines, Malaysia and South Korea lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to market size, among the main importing countries over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

The commercial refrigeration equipment import price in Asia-Pacific stood at $X per unit in 2018, rising by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 when the import price increased by X% y-o-y. Over the period under review, the import prices for refrigerating and freezing equipment and heat pumps (except household type equipment) attained their peak figure at $X per unit in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 28251333 - Refrigerated show-cases and counters incorporating a refrigerating unit or evaporator for frozen food storage
• Prodcom 28251335 - Refrigerated show-cases and counters incorporating a refrigerating unit or evaporator (excluding for frozen food storage)
• Prodcom 28251340 -
• Prodcom 28251350 -
• Prodcom 28251380 - Heat pumps other than air conditioning machines of HS
• Prodcom 28251390 - Other refrigerating or freezing equipment

This report provides an in-depth analysis of the commercial refrigeration equipment market in Asia-Pacific. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Country coverage:
• Afghanistan
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China, Hong Kong SAR
• China, Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• Kiribati
• Maldives
• Marshall Islands
• Micronesia (Federated States of)
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Sri Lanka
• Taiwan, Chinese
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia (Federated States of)
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan, Chinese
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Viet Nam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Physical Terms, By Country, 2007–2018
Table 7:
Imports, In Value Terms, By Country, 2007–2018
Table 8:
Import Prices, By Country Of Destination, 2007–2018
Table 9:
Exports, In Physical Terms, By Country, 2007–2018
Table 10:
Exports, In Value Terms, By Country, 2007–2018
Table 11:
Export Prices, By Country Of Origin, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2018
Figure 17:
Production, In Value Terms, 2007–2018
Figure 18:
Production, By Country, 2018
Figure 19:
Production, In Physical Terms, By Country, 2007–2018
Figure 20:
Imports, In Physical Terms, 2007–2018
Figure 21:
Imports, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, By Country, 2018
Figure 23:
Imports, In Physical Terms, By Country, 2007–2018
Figure 24:
Imports, In Value Terms, By Country, 2007–2018
Figure 25:
Import Prices, By Country, 2007–2018
Figure 26:
Exports, In Physical Terms, 2007–2018
Figure 27:
Exports, In Value Terms, 2007–2018
Figure 28:
Exports, In Physical Terms, By Country, 2018
Figure 29:
Exports, In Physical Terms, By Country, 2007–2018
Figure 30:
Exports, In Value Terms, By Country, 2007–2018
Figure 31:
Export Prices, 2007–2018

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