The import of refrigeration and freezing equipment and heat pumps, excluding household types, to the UK is projected to increase progressively from 951.42 thousand items in 2024 to 1063.9 thousand items in 2028. This forecast demonstrates a steady growth trend, with year-on-year variations indicating a consistent positive growth rate. From 2024 to 2028, the industry is projected to grow at a Compound Annual Growth Rate (CAGR) of approximately 2.8%. In 2023, the volume was recorded at a slightly lower level, indicating a recovery and upward trend in the subsequent years.

Future trends to watch for include:

Increasing demand for environmentally friendly and energy-efficient refrigeration technologies.
Impact of regulatory changes regarding carbon emissions on import volumes.
Technological advancements in thermal management and smart appliances.