APAC Blast Chillers Market Size 2020 - Industry Trends Report to 2026

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Asia Pacific Blast Chillers Market to Surpass
850 Mn by 2026 Graphical Research
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APAC Blast Chillers Market size is estimated to
cross USD 850 million by 2026, according to a
latest forecast report by Graphical Research. The
increasing travel tourism sector will augment
the adoption of blast chillers in the region.
According to the Japan National Tourism
Organization, in 2018, the country recorded over
30 million travelers. The World Travel and
Tourism Council reported that, among 185
countries, India ranked 10th in regards with the
tourism travel industrys total input to GDP in
2019. The emergence of COVID-19 pandemic had
impacted the Asia Pacific region on a large
scale. China witnessed a massive setback from
December 2019 to April 2020 due to the origin of
the virus from the country. The country has faced
international trade tensions as China is one of
the major raw material suppliers in the blast
chiller industry ecosystem. This has led to the
growing domestic manufacturing of critical blast
chiller components, such as compressors and
condensers, in other counties including India and
Japan, stabilizing the market.   The increase in
the disposable income in Asian households is
providing new growth opportunities for the APAC
blast chillers market. The rising disposable
income accounts for the growing spending capacity
of individuals on leisure activities such as
hoteling and dining outside. According to the
data published by the National Bureau of
Statistics of China, the disposable personal
income in China increased from USD 5,929.1 in
2018 to USD 6,130.1 in 2019. The increasing
spending capacity of individuals will generate a
positive outlook for the demand for blast
chillers.
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The catering segment will witness a notable
growth from 2020 to 2026. The growth can be
attributed to the ability of blast chillers to
transport huge quantities of preserved food to
various locations for events including weddings
and corporate parties. With the upward market
trend of adopting blast chillers in catering
services, industry players are focusing on
introducing chillers designed specifically for
catering applications. For instance, in June
2019, Hoshizaki Corporation introduced a new
range of 2-in-1 freezers and chillers. The SBU 20
HL model has a freezing capacity of around 12kg,
chilling capacity of 20kg, and is equipped with
multiple rack positions.   The prominent players
operating in the Asia Pacific blast chillers
market are Williams Refrigeration, Irinox, AB
Electrolux, Alto Shaam, Master-Bilt, SMEG SPA,
Victory Refrigeration, Hoshizaki, and Friginox.
These players are emphasizing on RD initiatives
to launch new products to cater to the regional
market demand. For instance, in July 2019,
Electrolux launched a new range of blast chillers
under the brand SkyLine. SkyLine products are
designed to keep the food healthy, risk-free, and
meet the HACCP and food standards.
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Segmentation of Asia Pacific Blast Chillers
Market Asia Pacific Market, By
Product Reach-in By Capacity Below
50kg 50-100kg Roll-in   Asia Pacific Market, By
Application Hotel Restaurant Supermarket Bakery
Confectionary Others The above information has
been provided for the following countries Asia
Pacific China India Japan South Korea
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reserved.


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About Graphical Research Graphical Research is
a business research firm that provides industry
insights, market forecast and strategic inputs
through granular research reports and advisory
services. We publish targeted research reports
with an aim to address varied customer needs,
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our syndicate reports are designed to ensure
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purchase lifecycle. Contact Us Parikhit
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Research  Phone[phone]Email sales_at_graphi
calresearch.com  Web https//www.graphicalresea
rch.com
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2018 Graphical Research. All rights
reserved.


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