The residential sector will drive the growth of the Europe Refrigerator Market
Published: Nov 2020
The European refrigerator market is anticipated to grow with a considerable CAGR of 4.9% during the forecast period (2020-2026). The growth of the market is mainly attributed to the improving economic conditions coupled with the increasing demand for innovative products from the consumer.
New product launches will drive the Asia-Pacific Refrigerator Market
Published: Nov 2020
The Asia-Pacific refrigerator market is anticipated to grow with a considerable CAGR of 7.0% during the forecast period (2020-2026). The growth of the market is expected to mainly influence by the rising urban population, high disposable income, and changing lifestyle as well as food habits.
The end-user sector will drive the growth of the North America Commercial Refrigerator Market
Published: Nov 2020
The North America commercial refrigerator market is anticipated to grow with a considerable CAGR during the forecast period (2020-2026). The rising demand for frozen food products, ready to eat food, and beverage are the main driver of the North American commercial refrigerator market.
The high consumption of meat products will drive the growth of the Middle East Commercial Refrigerator Market
Published: Nov 2020
The Middle East commercial refrigerator market is anticipated to grow with a considerable CAGR of 4.0% during the forecast period (2020-2026). The Middle Eastern commercial refrigerator market growth is influenced by the growing retails sector including significant development in the hypermarket and supermarket chains across the region.
Demand from the application sector will foster the commercial refrigerator market in Europe
Published: Nov 2020
The European commercial refrigerator market is anticipated to grow with a considerable CAGR of 4.4% during the forecast period (2020-2026). Europe’s growth in the commercial refrigerator is anticipated by the emerging foodservice and beverage retail that is driving the application of commercial refrigerators.
The shift in the refrigerants will impact the Asia Pacific Commercial Refrigerator Market
Published: Nov 2020
The Asia-Pacific commercial refrigerator market is anticipated to grow with a considerable CAGR of 6.5% during the forecast period (2020-2026). Growing urbanization coupled with the expansion of the foodservice industry is the major factor fueling the growth of the market across the region.
Growing Restaurant Industry to Drive the US Restaurant POS Terminals Market
Published: Nov 2020
The US restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 6.9% during the forecast period. The growing restaurant industry is the major factor driving the adoption of POS terminals in the country. National Restaurant Association anticipates $899 billion in sales of the US restaurant industry in 2020.
Expansion of Food Retail Outlets to Drive North American Point-of-Sale (POS) Terminals Market
Published: Nov 2020
North American restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 6.8% during the forecast period. Expansion of fast-food retail outlets such as McDonald’s, Subway, Burger King, and Pizza Hut is primarily driving the demand for food retail outlets in the region.
Rising Demand for Cloud-based Restaurant Point-of-Sale (POS) Terminals is Driving Indian Restaurant POS Terminals Market
Published: Nov 2020
Indian restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 9.5% during the forecast period. Emerging demand for cloud-based POS across Indian restaurants is one of the key factors leveraging market growth. Restaurants with operations in India demands a cloud POS, that is easy to use and allows restaurant owners to manage their business smartly.
Expansion of Restaurant Chains is Accelerating Europe POS Terminals Market
Published: Nov 2020
European restaurant point-of-sale (POS) terminals market is estimated to grow at a CAGR of 7.1% during the forecast period. Expansion of restaurant chains is the major factors boosting the market growth. in April 2020, McDonald's Corp. declared its plans to expand in Russia's far east in December 2020.