IMARC Group, a leading market research company, has recently releases report titled “Refrigerated Display Cases Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global refrigerated display cases market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How big is the refrigerated display cases market?

Report Attributes

Details

Market Size in 2022

US$ 15.37 Billion

Market Forecast in 2028

US$ 26.63 Billion

Growth rate (2023 to 2028)

CAGR of 9.15%

Base Year of the Analysis

2022

Forecast Period

2023-2028

What is refrigerated display cases?

Refrigerated display cases represent specialized units designed to store and showcase temperature-sensitive and perishable goods. They are available in numerous product types, such as plug-in, remote, vertical, horizontal, hybrid, semi-vertical, etc. Refrigerated display cases are manufactured utilizing several easy-to-clean, durable, and corrosion-resistant materials, including stainless steel, glass, copper, plastic, and polyurethane foam. They comprise of compressors, condensers, evaporators, fans, lighting, and control systems. Refrigerated display cases help to display fresh produce, seafood, meat, alcoholic and non-alcoholic beverages, cakes, ice cream, pastries, and other bakery goods. They even aid in maintaining a consistent temperature, preventing spoilage, lowering wastage, and ensuring food safety. Consequently, refrigerated display cases find extensive applications across various sectors, such as food service, retail food, beverages, etc.

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What are the growth prospects and trends in the refrigerated display cases?

The expanding food and beverage (F&B) segment across the globe and the elevating need for the product to store and showcase fruits, meat, vegetables, milk, leafy greens, cheese, yogurt, butter, lobsters, fish, soft drinks, beers, wines, bottled water, cakes, pastries, etc., are among the key factors driving the refrigerated display cases market. Additionally, the inflating demand for processed and packaged food, owing to the changing consumer lifestyles and hectic schedules, and the growing product adoption in hypermarkets, supermarkets, grocery stores, cafes, restaurants, and convenience stores to offer easy access for customers, enhance presentation, and improve sales are also positively influencing the market growth. Moreover, the development of sustainable refrigeration solutions that utilize natural refrigerants, including carbon dioxide (CO2), ammonia, propane, water, and insobunate, and the increasing integration of the internet of things (IoT) technology for monitoring temperature and humidity levels, optimizing energy usage, enabling predictive maintenance, and allowing users to track inventory are acting as significant growth-inducing factors. Besides this, the rising use of online grocery systems is expected to augment the refrigerated display cases market in the coming years.

What is included in market segmentation?

The report has segmented the market into the following categories:

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

Breakup by Geography:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who are the key players operating in the industry?

The report covers the major market players including:

  • 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.

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