Italy Commercial Refrigeration Equipment Market Future Prospects
The size of the Italian commercial refrigeration equipment market will be an estimated USD 1,821.4 million in 2024, which is projected to grow at a CAGR of 6.1% from 2024 to 2030, reaching USD 2,591.3 million by 2030.
This market is driven by the expansion of the food and beverage industry, rise in the customer demand for frozen and chilled products, growth of the cold chain, and adoption of smart cooling technology.
Moreover, companies are using eco-friendly refrigerants to reduce greenhouse gas emissions and comply with the Kyoto Protocol. Additionally, they are incorporating IoT to monitor and manage temperature and humidity levels remotely, which helps increase food life.