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Article Title: Global Demand for Commercial Refrigeration to Top $32 Billion in 2016
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Publication: Trailer Bodybuilders, 1/4/2013
Freedonia Study: World Commercial Refrigeration Equipment (2953)

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Global demand for commercial refrigeration equipment is forecast to rise 4.6 percent per year through 2016 to $32.5 billion, an acceleration from the 2006-2011 pace, according to World Commercial Refrigeration Equipment, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.
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Article Title: Jan. 15, 2013: Commercial Refrigeration Demand Is Expected to Exceed $32 Billion by 2016
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Publication: ACHR News, 1/15/2013
Freedonia Study: World Commercial Refrigeration Equipment (2953)

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CLEVELAND — Global demand for commercial refrigeration equipment is forecast to rise 4.6 percent per year through 2016 to $32.5 billion, an acceleration from the 2006-2011 pace, according to World Commercial Refrigeration Equipment, a new study from The Freedonia Group Inc. Demand will benefit from strong growth in a number of the world’s larger developing nations, particularly in Asia, as China and India will continue to be the fastest growing national markets for commercial refrigeration equipment. The United States market, which suffered during the 2007-2009 recession, will recover and post substantially stronger growth in demand, although gains will slightly trail the world average.
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