Refrigeration Equipment Sourcing and Procurement Report by Top Spending Regions and Market Price Trends - Forecast and Analysis 2022-2026

Refrigeration Equipment Sourcing and Procurement Report by Top Spending Regions and Market Price Trends - Forecast and Analysis 2022-2026

  • Published: Oct 2022
  • Pages: 145
  • SKU: IRCMSTR21442

Get instant access to this report sample and gain complimentary access to our procurement research platform.

Safe and Secure SSL Encrypted

Single Report Purchase

$1500.00

REQUEST FREE SAMPLE

Refrigeration Equipment Procurement - Sourcing and Intelligence Report on Price Trends and Spend & Growth Analysis

The refrigeration equipment procurement category is projected to grow at a CAGR of 4.92% during 2022-2026. The prices are outlined to rise by 5%-9% during the forecast period and suppliers will have moderate bargaining power in this market. Jonhson Controls International Plc, Haier lnc., and Electrolux AB are a few of the key suppliers in the refrigeration equipment market.

Refrigeration Equipment Procurement - Sourcing and Intelligence Report on Price Trends and Spend & Growth AnalysisRefrigeration Equipment Procurement - Sourcing and Intelligence Report on Price Trends and Spend & Growth Analysis

To unlock the YoY growth values for 2022-2026, Request for a FREE Sample Report!

Who are the Top Suppliers in the Refrigeration Equipment Market?

This report offers detailed insights and analysis of the major cost drivers, volume drivers, and innovations of the refrigeration equipment procurement and sourcing market, which the global suppliers have been leveraging to gain a competitive edge across regions. Some of the leading refrigeration equipment suppliers profiled extensively in this report include:

Top Suppliers in the Refrigeration Equipment Market

Furthermore, this refrigeration equipment procurement market report provides a detailed analysis of procurement strategies deployed by major category end-users across several industries while sourcing for refrigeration equipment requirements. In addition, most adopted and high-potential pricing models considered by buyers have been analyzed in this report, which will help understand business scopes for revenue expansion. These data will assist buyers to realize cost savings and identify business strategies to improve sales.

What are the Most Suitable Supplier Selection Criteria, Supplier Evaluation Metrics, and SLA that Buyers Should Consider?

The refrigeration equipment procurement market report provides a detailed analysis of various supplier selection criteria, RFX questions, supplier evaluation metrics, and the service level agreements that the buyers should consider adopting to achieve significant cost savings, streamline the procurement process, and reduce category TCO while sourcing for refrigeration equipment requirements.

Refrigeration Equipment Market Supplier Selection Criteria, Supplier Evaluation Metrics, and SLA

To get the exact category management parameters and unfold their degree of influence on this refrigeration equipment procurement market in details, Get the FREE Sample Report Now!

What are the Most Adopted Procurement Strategies by Buyers Across Industries?

The report provides a detailed insight of the most adopted procurement strategies by buyers across industries and an analysis of these strategies with respect to innovation, regulatory compliance, quality, supply, and cost. Adoption of these procurement strategies will enable the buyers to reduce category TCO and achieve cost savings, while sourcing for refrigeration equipment requirements.

What are the Major Pricing Models Adopted by Buyers in Refrigeration Equipment Market?

The report discusses in detail each pricing model and the pros and cons attached to every pricing model prevalent in the market. Also, the report provides insights with respect to the category supply chain and the margins of various suppliers within the supply chain. These market analysis data will enable the buyers to make informed strategic sourcing decisions. Buy the full refrigeration equipment procurement market report now to get comprehensive details on pricing models

Price Strategies and Benchmark

Refrigeration Equipment Procurement Pricing Model

Request for a FREE sample to access the latest price forecasts, market drivers, TCO reduction opportunites for refrigeration equipment market

To optimize the value of the purchase, it is crucial to keep a track of current and future price trends. Price forecasts are beneficial in purchase planning, especially when supplemented by the constant monitoring of price-influencing factors. During the forecast period, the market expects an incremental spend of USD 7445.00 million due to various market drivers prevalent across multiple regions. Also, the report speaks about various cost-saving factors through analysis of the following factors:

  • Identify favorable opportunities in refrigeration equipment TCO (total cost of ownership)
  • Expected changes in price forecast and factors driving the current and future price changes
  • Identify pricing models that offer the most rewarding opportunities

What will the Spend Growth and Demand be by Region?

The refrigeration equipment market will register an incremental spend of about USD 7445.00 million during the forecast period. However, only a few regions will drive the majority of this growth. Moreover, on the supply side, North America, Europe, and APAC will have the maximum influence owing to the supplier base. The growth is expected to be primarily driven by increasing demand and adoption of the category across those few regions. To get a detailed analysis of the volume drivers that are driving the adoption of the category across regions, buy the full report now!

The drivers and inhibitors that influence these global and regional outlooks are elaborated in detail in this procurement report. Our in-depth growth decomposition analysis covers details on:

  • Factors driving the growth (or lack of it) in individual geographies
  • Regions that hold the most rewarding opportunities for buyers and suppliers
  • Spend growth and regional spend segmentation over the coming years

Refrigeration Equipment Procurement Spend Growth Analysis

Request for a FREE sample for more information on the spend growth for the refrigeration equipment procurement market

What are the Major Category Management Objectives for Refrigeration Equipment Sourcing?

A targeted strategic approach to refrigeration equipment sourcing will provide several opportunities. However, in the absence of actionable intelligence on refrigeration equipment, buyers may end up focusing on a tactical sourcing strategy without any focus on cost-saving opportunities. Hence, this report focuses on category management initiatives such as top-line growth, scalability of inputs, and supply base rationalization, which will assist buyers in formulating a strategic procurement strategy

The report explains the following key category management objectives that should form the base for sourcing strategy.

Category Management Objectives for Refrigeration Equipment Sourcing

To explore the extent of influence of category management objectives that can improve the efficiencies of the retailers, Request for a FREE Sample Report!

In addition to helping buyers in identifying the strategic goals and initiatives for category management, the report also has detailed insights into the most outsourced category management activities and category enablers which can simplify the procurement process for buyers.

Scope of Refrigeration Equipment

Report Specs

Details

Page number

145

Base year

2021

Forecast period

2022-2026

Spend growth (CAGR)

4.92%

Incremental spend

USD 7445.00 million

Pricing growth outlook

5%-9%

Pricing models

Cost-plus pricing model, Fixed-pricing model, and Volume-based pricing model

Supplier selection scope

Supplier effective installation services, Supplier R and D spend, Supplier ability to comply with industry standards, and Lower life cycle costs

Supplier opportunities

Top-line growth, Scalability of inputs, Supply base rationalization, Category innovations, Cost savings, Customer retention, Adherence to regulatory nuances, Minimalization of ad hoc purchases, Demand forecasting and governance, Green initiatives, Reduction of TCO, and Supply assurance

Supplier selection criteria

Business needs, Technical specifications, Operational requirements, Security compliance, Regulatory mandates, Legal requirements, Quality control, Change management procedures, Pricing models, Penalty clauses, SLA nuances, Acceptance criteria, and Evaluation criteria

Category management scope

Top-line growth, Scalability of inputs, Supply base rationalization, Category innovations, Cost savings, Customer retention, Adherence to regulatory nuances, Minimalization of ad hoc purchases, Demand forecasting and governance, Green initiatives, Reduction of TCO, and Supply assurance

Top suppliers

Jonhson Controls International Plc, Haier lnc., Electrolux AB, Illinois Tool Works Inc., Dover Corp., Lennox International Inc., Daikin Industries, Admiral Craft Equipment Corp., Breckenridge Kitchen Equipment & Design, and Perlick Corp.

Market dynamics

Regional category spend in terms of percentage with respect to North America, South America, Europe, Middle East and Africa and APAC and global category spend and CAGR in terms of percentage over a span of 5 years.

Customization scope

We can create customized sourcing/procurement reports with specific requirements for your business.

Request for a FREE sample now!

Refrigeration Equipment Procurement

Request for a FREE sample now!

Read More Read Less

Executive Summary

  • Executive Summary

    Market Insights

    • Global category spend
      • Spend segmentation by region
        • Regional spend dynamics
          • Regional influence on global spend
            • Regional spend opportunity for suppliers

              Category Pricing Insights

              • Pricing
                • Discounts on Prices
                  • Pricing outlook
                    • Supplier cost structure
                      • Overview of pricing models
                        • Comparison of pricing models
                          • Supply chain margins
                            • Cost and Volume drivers: Impact on pricing

                              Cost-saving Opportunities

                              • Cost-saving levers
                                • Quantifying cost-saving opportunities
                                  • Quantifying cost savings by negotiation strategies
                                    • Tactical cost saving levers
                                      • Strategic cost saving levers

                                        Best Practices

                                        • Innovation and success stories
                                          • Procurement excellence best practices
                                            • Procurement best practices
                                              • Sustainability practices

                                                Category Ecosystem

                                                • Market favorability index for suppliers
                                                  • Threat of rivalry
                                                    • Buyer power
                                                      • Supplier power
                                                        • Threat of new entrants
                                                          • Threat of substitutes
                                                            • Buyer ecosystem
                                                              • Supplier ecosystem
                                                                • Ecosystem disruption threats

                                                                  Category Management Strategy

                                                                  • Strategy objectives
                                                                    • Supplier and buyer KPI's
                                                                      • Outsourcing category management activities
                                                                        • Outsourcing category management activities
                                                                          • Risk management
                                                                            • Risk management

                                                                              Category Management Enablers

                                                                              • Procurement organization
                                                                                • Category enablers

                                                                                  Suppliers Selection

                                                                                  • RFx essentials
                                                                                    • Supplier selection criteria
                                                                                      • Service level agreement
                                                                                        • Incumbent supplier evaluation metrics

                                                                                          Suppliers under Coverage

                                                                                          • Suppliers covered
                                                                                            • Market positioning of suppliers
                                                                                              • Market positioning of suppliers
                                                                                                • Jonhson Controls International Plc
                                                                                                  • Haier lnc.
                                                                                                    • Electrolux AB
                                                                                                      • Illinois Tool Works Inc.
                                                                                                        • Dover Corp.
                                                                                                          • Lennox International Inc.
                                                                                                            • Daikin Industries
                                                                                                              • Admiral Craft Equipment Corp.
                                                                                                                • Breckenridge Kitchen Equipment Design
                                                                                                                  • Perlick Corp.

                                                                                                                    US Market Insights

                                                                                                                    • Category spend in the US
                                                                                                                      • Pricing outlook in the US
                                                                                                                        • Category margins
                                                                                                                          • Category cost drivers
                                                                                                                            • Category volume drivers
                                                                                                                              • Overview of best practices in the US
                                                                                                                                • US supply market overview
                                                                                                                                  • Market positioning of suppliers
                                                                                                                                    • Market positioning of suppliers
                                                                                                                                      • Regional category risks
                                                                                                                                        • Regional category risks

                                                                                                                                          Category Scope

                                                                                                                                          • Category scope

                                                                                                                                            Appendix

                                                                                                                                            • List of abbreviations
                                                                                                                                              • Key notes

                                                                                                                                                Research Framework

                                                                                                                                                SpendEdge presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key category influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                                                                                                                                                INFORMATION SOURCES

                                                                                                                                                Primary sources

                                                                                                                                                • Procurement heads
                                                                                                                                                • Category managers
                                                                                                                                                • Sourcing consortium professionals
                                                                                                                                                • Industry experts and thought leaders
                                                                                                                                                • Procurement managers
                                                                                                                                                • Category heads of suppliers
                                                                                                                                                • Client account heads/managers
                                                                                                                                                • Client and industry consultants

                                                                                                                                                Secondary sources

                                                                                                                                                • Industry journals and reports
                                                                                                                                                • Periodicals and new articles
                                                                                                                                                • Category webinars
                                                                                                                                                • Internal categiry playbooks
                                                                                                                                                • Industry and government websites on regulations and compliance
                                                                                                                                                • Internal databases
                                                                                                                                                • Industry blogs/thought leader briefings

                                                                                                                                                DATA ANALYSIS

                                                                                                                                                Refrigeration Equipment Sourcing and Procurement Report by Top Spending Regions and Market Price Trends - Forecast and Analysis 2022-2026
                                                                                                                                                Interested in this report?
                                                                                                                                                Get your FREE access now!
                                                                                                                                                The refrigeration equipment procurement market will grow at a CAGR of about 5.25% during 2020-2024.
                                                                                                                                                During 2020-2024, the refrigeration equipment procurement market will register an incremental spend of about $ 7 billion.
                                                                                                                                                Johnson Controls International plc, Haier lnc., Electrolux AB, Illinois Tool Works Inc., Dover Corp., Lennox International Inc., Delfield, AHT Cooling Systems GmbH, Admiral Craft Equipment Corp., and Breckenridge Kitchen Equipment & Design are some of the prominent suppliers in refrigeration equipment market.
                                                                                                                                                Cost-plus pricing, fixed-pricing, and volume-based pricing are the widely adopted pricing models in refrigeration equipment procurement.
                                                                                                                                                During the forecast period, the price for refrigeration equipment procurement will increase by 1.75%-2.50%.