The global refrigerated display cases market was US$ 17 billion in 2028 and registers a significant CAGR of 6.5% during the forecast period till 2028.
The “Global Refrigerated Display Cases Market Analysis and Forecast, 2019-2028” report by RationalStat assesses the regional market based on product type, end-user, and country/region. A detailed market analysis report provides an overall historical and future market size in terms of market value (US$ Million) and market volume (‘000 units) with a comprehensive market trend analysis (year-on-year growth).
The report also deals with the market share analysis by key players and segments, sales & revenues of cash management services, competition overview, strategic imperatives, plans and strategies, key applications, potential growth drivers, recent R&D of refrigerated display cases across the globe, and competition analysis for the target players evaluated in the global refrigerated display cases market study.
Market Overview and Dynamics
The global refrigerated display cases market is expected to grow at a robust growth rate of around 6.5% during the forecast period 2019-2028. A refrigerated display case is a type of refrigeration unit designed to maintain an optimum temperature and humidity level to ensure the freshness of the items it holds. It can also be used to display food items in an aesthetically pleasing manner, making it a great choice for retail stores.
The demand for refrigerated display cases has been steadily increasing due to the growth of the food and beverage industry. As more supermarkets and hypermarkets open, the need for refrigerated display cases has grown.
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Market Drivers and Trends of the Global Refrigerated Display Cases Market
Asia-Pacific holds a major market share in the refrigerated display cases market, due to the rising number of hotels, restaurants, and retail stores, in the region and maintains its dominance during the forecast period.
Europe and North America is predicted to grow in the forecast period because of the presence of established food and beverages retail sectors in the region. Furthermore, the strict government rules on food safety and hygiene also driven the refrigerated display cases market.
Segmental Analysis: Global Refrigerated Display Cases Market
- Based on product type, the plug-in segment is anticipated to contribute the major revenue share due to the growing demand from small and medium-sized retailers.
- Based on end-use, supermarket and hypermarkets holds a larger revenue share as the adoption of frozen foods increases so the demand for a refrigerator with advanced technologies also increases.
Competition Analysis and Market Structure
The global refrigerated display cases market is fragmented in nature with the presence of various players operating in the region. Leading companies operating in the refrigerated display cases market are focusing on attractive visual displays, and cost-effective products which are anticipated to open up growth potential for the industry.
Moreover, these players adopt various strategies to increase their market share and gain a competitive edge over other competitors in the refrigerated display cases market. Mergers and acquisitions, partnerships, and collaborations are some of the strategies followed by industry players.
Some of the key players operating in the global refrigerated display cases market include Carrier Corporation, Dover Corporation, Hussmann Corporation, Metalfrio Solutions SA, Arneg SpA, Epta SpA, AHT Cooling Systems GmbH, Liebherr Group, Panasonic Corporation, Sanden Retail Systems Corporation, among others.
RationalStat has segmented the global refrigerated display cases market on the basis of product type, end-user, and region.
- Global Refrigerated Display Cases Market Value (US$ Million), Volume (‘000 units), and Market Share (2019-2028) Analysis by Product Type
- Plug-in
- Remote
- Global Refrigerated Display Cases Market Value (US$ Million), Volume (‘000 units) and Market Share (2019-2028) Analysis by End-user
- Supermarkets
- Hypermarkets
- Convenience Stores
- Hotels
- Restaurants
- Others
- Global Refrigerated Display Cases Market Value (US$ Million), Volume (‘000 units), and Market Share (2019-2028) Analysis by Region
- North America Refrigerated Display Cases Market
- US
- Canada
- Latin America Refrigerated Display Cases Market
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Refrigerated Display Cases Market
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Refrigerated Display Cases Market
- Russia
- Poland
- Rest of Eastern Europe
- Asia Pacific Refrigerated Display Cases Market
- China
- Japan
- India
- South Korea
- Australia
- ASEAN (Indonesia, Vietnam, Malaysia, etc.)
- Rest of Asia Pacific
- Middle East & Africa Refrigerated Display Cases Market
- GCC
- South Africa
- Turkey
- Rest of the Middle East & Africa
- North America Refrigerated Display Cases Market
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Key Questions Answered in the Refrigerated Display Cases Report
- What will be the market value of the Global Refrigerated Display Cases Market by 2028?
- What is the market size of the Global Refrigerated Display Cases Market?
- What are the market drivers of the Global Refrigerated Display Cases Market?
- How many Refrigerated Display Cases are sold each year?
- What are the key trends in the Global Refrigerated Display Cases Market?
- Which is the leading region in the Global Refrigerated Display Cases Market?
- What are the major companies operating in the Global Refrigerated Display Cases Market?
- What are the market shares by key segments in the Global Refrigerated Display Cases Market?
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