Industrial Refrigeration Systems Market Adapts to Low-GWP Solutions

The global industrial refrigeration systems market size was estimated at USD 21.32 billion in 2024 and is projected to reach USD 28.11 billion by 2030, growing at a CAGR of 4.8% from 2025 to 2030. The market is witnessing robust growth, driven by increasing demand for cold storage solutions in food & beverage, pharmaceuticals, and chemical industries.