Commercial refrigeration equipment contains a wide variety of products, ranging from kitchen refrigerators and freezers of large hotel and guesthouse to the freezers of roadside stalls selling ice cream, as well as ice cream machine, ice machine, etc.
Enterprise Quantity Analysis of China’s Commercial Refrigeration Equipment Industry from 2006-2010 Source: China Customs
In 2006, there were 693 commercial refrigeration equipment manufacturing enterprises above designated scale in China. In 2007, there are 798, with a year-on-year growth rate of 15.15%. 855 and 7.14% in 2008. 1033 and 20.82% in 2009. And 1106, 7.07% in 2010.
Market Sales Volume Analysis and Prediction of China’s Commercial Refrigeration Equipment Industry from 2006-2015 Source: China Customs
The market scale of refrigeration equipment in China has been increasing continuously in recent years, reaching 114.8 billion yuan in 2007, with an increase of 8.22% year on year. In 2008 and 2009, due to the impact of the financial crisis, the growth rate of the sales volume of the commercial refrigeration equipment industry in China has slowed down, but still in the trend of growth. And by 2010, the market sales volume reached 151.3 billion yuan. During the 12th five-year plan period, the growth rate of China's commercial refrigeration equipment industry will decline, mainly because the market size of the industry is growing. The energy saving index of refrigeration equipment industry in China is further improved, and the industry structure will face great adjustment. It is estimated that the market sales volume of commercial refrigeration equipment industry in China will reach 237 billion yuan by 2015.