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2022
Refrigerated Display Cases Market

Refrigerated Display Cases Market

by Product Type (Plug In Refrigerated Display, Remote Refrigerated Display), by Product Design (Vertical, Horizontal, Hybrid And Semi-Vertical): Global Opportunity Analysis and Industry Forecast, 2020-2031

✷  Report Code: A00181
Pages: 225
Mar 2022 | 16152 Views
Author(s) : Raju K , Roshan D
Tables: 114
Charts: 54
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Refrigerated Display Cases Market Research, 2031

The global Refrigerated Display Cases Market Size was valued at $12,985.70 million in 2020, and is projected to reach $37,140.00 million by 2031, growing at a CAGR of 9.8% from 2022 to 2031.

Despite the unfavorable situation, there are some positive scenarios that occurred during the pandemic. The development of vaccines and their approval in few countries has provided some relief. The global Refrigerated Display Cases market is expected to witness a V-shaped recovery post-pandemic. However, an upward trend has been noticed in the revenue of the key market players in the fourth quarter of 2020-2021.

Refrigerated display cases mostly used in retail stores and food & refreshment industry, for example, general stores/hypermarkets, supermarkets, eateries and hotels and non-routine outlets. RDCs help to attract customers through an attractive visual display of food and drink products. Moreover, expanding retail network and business sector for ready to eat and prepared food items, has fueled the demand for RDCs in the global refrigerated display case market.  

Increasing demand for energy efficient refrigerated cases from commercial food service sector, has created the need for continuous research and development in RDC technologies. Increasing regulatory compliances and rising concerns for food safety majorly drive the refrigerated display cases market growth. Low awareness and limited adoption in less developed regions and growing environmental concerns are some factors impeding the refrigerated display case market growth. With technological advancements, leading market players are developing energy efficient RDCs in different types and designs to cater to the increasing demands of commercial food industry.

The refrigerated display cases segmented on the basis of product type, product design and geography. The product type segment includes plug-in and remote RDCs. Plug-in RDCs dominate the overall market and are expected to maintain their dominance throughout the forecast period. The product design segment includes vertical, horizontal and hybrid/semi-vertical RDCs. Regional segmentation of the refrigerated display cases market includes North America, Europe, Asia-Pacific, and LAMEA (Latin America, the Middle East, & Africa).      

Refrigerated Display Cases Market
By Product Type

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Plug In Refrigerated Display segment held the major share in the Refrigerated Display Cases Market

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By product type, Plug-in refrigerated display cases held the major Refrigerated Display Cases Market Share in the market. Plug-in RDCs range from small refrigerated cases, which are mount to a wall to open, or curved glass display cases, which are kept on the floor. With the rising demand for bottled and aerated drinks, bottle coolers in plug-in devices are expected to witness fastest growth.      

Refrigerated Display Cases Market
By Product Design

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Vertical segment gain a major share in the market in 2020.

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Vertical RDCs segment held the major share in the market and is likely to remain its position during the Refrigerated Display Cases Market Forecast period.  With compact floor space and increasing varieties, vertical refrigerated display cases are gaining popularity as they are easy to move and they have low maintenance cost. As more people are inclined towards packaged and processed food, even retailers are keen to show the display cabinets to attract customers. With the advancements in the product line, implementation of LED lighting and frost-free glasses, these cabinets offer enhanced visual appeal towards the stored food items. Thereby impacting the buying decision of customers positively; the food looks fresh and creates a good impression in a customer’s mind.  

Refrigerated Display Cases Market
By Region

2031
Europe 
North America
Asia-pacific
Lamea

Europe leads the Refrigerated Display Cases Market in 2020.

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Europe region held the major share in the market. This is attributed to the presence of an established food and beverage retail sector. Asia-Pacific is expected to exhibit the highest growth in RDC market during the forecast period, owing to the burgeoning economic growth.  

The report includes comprehensive analysis of the key players in the operating in the market such as Metalfrio Solutions S.A, Lennox International, Dover Corporation, Illinois Tool Works Inc., Hussmann Corporation, AHT Cooling Systems GmbH, Epta S.p.a Refrigeration, Frigoglass S.A.I.C, Hoshizaki International, and ISA Italy S.r.l, Verco Limited. 

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the refrigerated display cases market analysis from 2020 to 2031 to identify the prevailing refrigerated display cases market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the refrigerated display cases market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global refrigerated display cases industry.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global refrigerated display cases market trends, key players, market segments, application areas, and market growth strategies.

Refrigerated Display Cases Market Report Highlights

Aspects Details
By Product Type
  • Plug In Refrigerated Display
  • Remote Refrigerated Display
By Product Design
  • Vertical
  • Horizontal
  • Hybrid And Semi-Vertical
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, U.K., Italy, Spain, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Metalfrio Solutions S.A, Lennox International, Dover Corporation, Illinois Tool Works Inc., Hussmann Corporation, aht cooling systems gmbh, Epta S.p.a Refrigeration, Frigoglass S.A.I.C, Hoshizaki International, Verco Limited
 

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According to the insights of CXOs of leading companies, the RDC market has promising prospects for growth in the food storage sector. The current business scenario has witnessed an upsurge in the adoption of refrigeration techniques for convenient food storage and display. Several companies have deployed display cases in their commercial establishments to provide consumers with better experience and reduce operational costs.    

Refrigerated display cases are categorized into three types based on the product design. In the current RDC market business scenario, plug-in RDCs are widely used due to the presence of larger storage capacity at low cost. Customers prefer using these refrigeration units, as they are attractive and provide maximum storage capacity. The RDC market has reached maturity in major economies such as North America and Europe. Europe, which is a major revenue contributor to the global market, has witnessed the adoption of RDCs in most of the supermarkets and service outlets.

The global RDC market is expected to grow at an exponential rate due to wide scale adoption of RDCs in commercial sectors. Commercial developments in the retail food sector in the developing economies are likely to boost the adoption rate of refrigerated display cases. The refrigeration storage industry in Asia-Pacific and the Middle East have boomed rapidly, which is likely to fuel the growth of the global RDC market. RDC devices have been increasingly adopted in supermarkets and hypermarkets to ensure food storage and safety. RDCs find applications in biomedical industry for storage of flowers and at corner food retail shops to address the growing concerns of product safety and temperature maintenance.

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FREQUENTLY ASKED QUESTIONS?

A. Increasing demand for commercial food services and rising demand for energy-efficient refrigerated cases are the upcoming trends of Refrigerated Display Cases Market.

A. Plug-in refrigerated display cases segment held the major share in the market.

A. Europe region is the largest regional market for Refrigerated Display Cases.

A. The global refrigerated display cases market size was valued at $12,985.7 million in 2020, and is projected to reach $37,139.8 million by 2031, registering a CAGR of 9.8% from 2022 to 2031

A. The report includes comprehensive analysis of the key players in the operating in the market such as Metalfrio Solutions S.A, Lennox International, Dover Corporation, Illinois Tool Works Inc., Hussmann Corporation, AHT Cooling Systems GmbH, Epta S.p.a Refrigeration, Frigoglass S.A.I.C, Hoshizaki International, and ISA Italy S.r.l, Verco Limited

A. Vertical segment held the major share in the market in 2020.

A. The global Refrigerated Display Cases market is expected to witness a V-shaped recovery post-pandemic.

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