Rapid Urbanization Driving APAC Commercial Refrigeration Equipment Market Growth
Factors such as the rapid urbanization and growth in the food and beverage industry are expected to drive the Asia-Pacific (APAC) commercial refrigeration equipment market at a 9.3% CAGR during 2018–2023 (forecast period). The market generated revenue of $14.3 billion in 2017, and it is expected to reach $24.4 billion by 2023.
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