The global refrigerated display cases market size reached US$ 16.9 billion in 2023. The market is projected to reach US$ 34.3 billion by 2032, exhibiting a growth rate (CAGR) of 8.24% during 2023-2032. The significant growth in the food and beverage (F&B) industry, widespread product adoption across retail facilities, and the introduction of natural refrigerants represent some of the key factors driving the market.
Refrigerated display cases are specialized units designed to store and showcase perishable and temperature-sensitive goods, such as food, beverages, and desserts. They are manufactured using various durable, easy-to-clean, and corrosion-resistant materials, such as stainless steel, copper, plastic, glass, and polyurethane foam. They are also comprised of several components, such as a compressor, condenser, evaporator, fans, lighting, and control systems. Refrigerated display cases are widely used to display fresh produce, meat, seafood, alcoholic and non-alcoholic beverages, ice cream, cakes, pastries, and other bakery goods. They are user-friendly and offer long service life, reduce energy consumption, allow customization, save space, and require low maintenance. Refrigerated display cases also assist in maintaining a consistent temperature, preventing spoilage, reducing wastage, and ensuring food safety.
Refrigerated display cases are specialized units designed to store and showcase perishable and temperature-sensitive goods, such as food, beverages, and desserts. They are manufactured using various durable, easy-to-clean, and corrosion-resistant materials, such as stainless steel, copper, plastic, glass, and polyurethane foam. They are also comprised of several components, such as a compressor, condenser, evaporator, fans, lighting, and control systems. Refrigerated display cases are widely used to display fresh produce, meat, seafood, alcoholic and non-alcoholic beverages, ice cream, cakes, pastries, and other bakery goods. They are user-friendly and offer long service life, reduce energy consumption, allow customization, save space, and require low maintenance. Refrigerated display cases also assist in maintaining a consistent temperature, preventing spoilage, reducing wastage, and ensuring food safety.
Refrigerated Display Cases Market Trends
The significant growth in the food and beverage (F&B) industry is one of the key factors creating a positive outlook for the market. Refrigerated display cases are widely used to store and showcase fruits, vegetables, leafy greens, milk, cheese, yogurt, butter, ham, meat, turkey, chicken, fish, lobsters, soft drinks, bottled water, beer, wines, cakes, pastries, and other bakery goods. In addition to this, the rising demand for processed and packaged food due to the changing consumer lifestyles and hectic schedules is acting as another growth-inducing factor. Furthermore, the widespread product adoption across various retail facilities, such as supermarkets, hypermarkets, grocery stores, restaurants, cafes, and convenience stores to provide easy access for customers, improve presentation, and increase sales is positively influencing the market growth. Additionally, the adoption of sustainable refrigeration solutions that utilize natural refrigerants, such as carbon dioxide (CO2), propane, ammonia, water, and isobutane, which are cost-effective, eco-friendly, and reduce global warming, is providing an impetus to the market growth. Besides this, the incorporation of the Internet of Things (IoT) technology to monitor temperature and humidity levels, optimize energy usage, enable predictive maintenance, and allow users to track inventory is favoring the market growth. Moreover, the implementation of stringent government regulations to maintain the safety and quality of food products is providing a thrust to the market growth. Other factors, including the rising adoption of online grocery sales, increasing investment in the research and development (R&D) of advanced products, and the growing demand for customized refrigerated display cases, are anticipated to drive the market growth.Key Market Segmentation:
The report provides an analysis of the key trends in each segment of the global refrigerated display cases market, along with forecasts at the global, regional, and country levels from 2023-2032. The report has categorized the market based on product type, product design, and end use.Product Type Insights:
- Plug-In Refrigerated Display Cases
- Remote Refrigerated Display Cases
Product Design Insights:
- Vertical
- Horizontal
- Hybrid and Semi-Vertical
End Use Insights:
- Food Service Sector
- Quick Service Restaurants
- Bakeries
- Hotels
- Others
- Retail Food and Beverage Sector
- Fuel Station Stores
- Hypermarkets
- Supermarkets
- Discount Stores
Regional Insights:
- North America
- United States
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global refrigerated display cases market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Afinox srl, Arneg S.p.A., Carrier Global Corporation, Daikin Industries Ltd., Danfoss, Epta S.p.A., Fagor Professional (ONNERA Group), Haier Group Corporation, Hill Phoenix Inc. (Dover Corporation), Hussmann Corporation (Panasonic Corporation), ISA SpA, Turbo Air Inc., Zero Zone Inc., etc.Key Questions Answered in This Report:
- How has the global refrigerated display cases market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global refrigerated display cases market?
- What is the impact of each driver, restraint, and opportunity on the global refrigerated display cases market?
- What are the key regional markets?
- Which countries represent the most attractive refrigerated display cases market?
- What is the breakup of the market based on the product type?
- Which is the most attractive product type in the refrigerated display cases market?
- What is the breakup of the market based on the product design?
- Which is the most attractive product design in the refrigerated display cases market?
- What is the breakup of the market based on end use?
- Which is the most attractive end use in the refrigerated display cases market?
- What is the competitive structure of the global refrigerated display cases market?
- Who are the key players/companies in the global refrigerated display cases market?
Table of Contents
1 Preface3 Executive Summary11 Value Chain Analysis13 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Refrigerated Display Cases Market
6 Market Breakup by Product Type
7 Market Breakup by Product Design
8 Market Breakup by End Use
9 Market Breakup by Region
10 Drivers, Restraints, and Opportunities
12 Porters Five Forces Analysis
14 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Afinox srl
- Arneg S.p.A.
- Carrier Global Corporation
- Daikin Industries Ltd.
- Danfoss
- Epta S.p.A.
- Fagor Professional (ONNERA Group)
- Haier Group Corporation
- Hill Phoenix Inc. (Dover Corporation)
- Hussmann Corporation (Panasonic Corporation)
- ISA SpA
- Turbo Air Inc.
- Zero Zone Inc.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 141 |
| Published | January 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 16.9 Billion |
| Forecasted Market Value ( USD | $ 34.3 Billion |
| Compound Annual Growth Rate | 8.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 13 |
