In 2023, the market size for Refrigeration and Freezing Equipment and Heat Pumps, except household type equipment, in France stood at 1,853.4 million Euros. From 2013 to 2023, the market exhibited a generally upwards trend, punctuated by a dip in 2017 and 2020. The latest year-on-year growth for 2023 was 4.54%, and the compound annual growth rate (CAGR) over the past five years was 5.92%. Notably, the market experienced its most substantial annual growth of 22.88% in 2019.
Future trends to watch for:
- Advancements in eco-friendly refrigeration technologies influencing equipment demand.
- European regulations emphasizing sustainability and energy efficiency.
- Economic conditions impacting industrial investments and overall market dynamics.
How does France rank in Refrigeration and Freezing Equipment and Heat Pumps, Except Household Type Equipment Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,783,500,000 | 2023 | +2.34% | +0.86% | View data |
| 2 | 2 France | 1,853,400,000 | 2023 | +4.54% | +5.92% | |
| 3 | 3 Spain | 1,072,100,000 | 2023 | +1.7% | +1.93% | View data |
| 4 | 4 United Kingdom | 1,007,100,000 | 2023 | +0.56% | +1.23% | View data |
| 5 | 5 Italy | 496,380,000 | 2023 | -3.68% | -3.32% | View data |
