The report of Global Refrigerated Display Cases Market by Product Type (Plug in Refrigerated Display Cases, Remote Refrigerated Display Cases), Design (Vertical, Horizontal, Hybrid/Semi-Vertical), and Region (North America, Asia Pacific, Europe, South America, Middle East & Africa) is expected to reach US$ XX Bn by 2026, at a CAGR of XX% during the forecast period.
Refrigerated display cases generally used in retail stores and food & refreshment industry, such as general stores/hypermarkets, supermarkets, restaurants & hotels, and non-routine outlets. Refrigerated display cases support to attract customers through an eye-catching visual display of food & drink products. Also, growing retail network and business sector for ready to eat and ready food items, has fueled the demand for the global refrigerated display cases market.
Increasing demand for energy-efficient refrigerated cases from the commercial foodservice sector has generated the need for constant R&D in RDC technologies. Increasing regulatory compliances and growing concerns for food safety majorly drive the growth of the refrigerated display cases market. However, low consciousness, limited acceptance in less developed regions, and rising environmental concerns are some other factors hindering the growth of the refrigerated display cases market.
According to the product type segment, the plug-in refrigerated display cases held the largest market share in 2018 and is expected to sustain their dominance during the forecast period. Plug-in refrigerated display cases are more space and energy-efficient, compared to remote refrigerated display cases. Besides this, the initial capital investment required for the installation of these products is significantly lesser than remote refrigerated display cases. According to the U.S. Department of Energy, refrigerated cases with transparent display doors can decrease heat loads on the refrigeration system by 50-80%, resulting in remarkable electricity savings by reducing the amount of cold air that leakages into the store.
Region-wise, the refrigerated display case market is segmented across North America, Europe, Asia-Pacific, South America, and ME&A. North America is expected to remain its dominance as retail makes more way for food & beverage. Demand for refrigerated foods carries on to increase, thanks to increasing demand for healthy foods, and growing variability in the market. Furthermore, the market is also expected to make new forays in developing regions of the Asia Pacific, where countries like India and China register reverse in trends and create retail growth more promising for people in the refrigerated display cases market.
Key players operating the Global Refrigerated Display Cases Market are Metalfrio Solutions S.A., Lennox International, Dover Corporation, Illinois Tool Works Inc., Hussman Corporation, AHT Cooling Systems GmbH, Epta S.p.a Refrigeration, Frigoglass S.A.I.C, Hoshizaki International, ISA Italy S.r.l, and Verco Limited.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Refrigerated Display Cases Market. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics and future opportunities that might exist in the Global Refrigerated Display Cases Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Refrigerated Display Cases Market positioning of competitors.
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