- Plug in Refrigerated Display
- Remote Refrigerated Display
Refrigerated Display Cases Market was valued at USD 8,248.5 million in 2022 and is expected to grow at a 5.1% CAGR from 2023 to 2029. Refrigerated display cases are refrigeration units designed to showcase and keep cold dishes, desserts, beverages, and aperitifs at low temperature. The refrigerated display cases are commonly used in retail stores and food & refreshment industries such as general stores, supermarkets, hypermarkets, eateries, and hotels. Refrigerated display cases help attract customers through an attractive visual display of food products and drinks. The growing demand for energy-efficient and eco-friendly refrigeration solutions and increasing demand for frozen and chilled food products among urban consumers are expected to drive the growth of the refrigerated display cases market over the forecast years.
In addition, rising adoption of self-service retail formats, and the growing awareness about environmental sustainability and energy efficiency, the demand for refrigerated display cases that can reduce energy consumption and carbon footprint also increases which is anticipated to boost the growth of the refrigerated display cases market at a significant rate over the forecast period. Furthermore, the changing consumer preference for quality and hygienic food and raised consumer spending power are anticipated to further aid the growth of the refrigerated display cases market. However, factors such as high installation & maintenance costs, strict regulations on refrigerants, and availability of alternative refrigeration technologies are expected to hold back and hinder the growth of the refrigerated display cases market over the forecast period. Moreover, the development of new refrigeration technologies such as hybrid systems, and natural refrigerants, and growing demand for personalized refrigeration solutions are anticipated to provide a tremendous opportunity to the market players and manufacturers in the growth of the refrigerated display cases market over the forecast period.
Refrigerated Display Cases Market Key Developments:
In July 2022, Hill phoenix Expands Natural Refrigeration Offerings with the launch of New R290 Self-Contained Cases.
Refrigerated Display Cases Market Summary
Study Period
2023-29
Base Year
2022
CAGR
5.1%
Largest Market
North America
Fastest Growing Market
Asia Pacific
Refrigerated Display Cases Market Dynamics
The refrigerated display cases market is expected to grow over the forecasted period due to the increasing demand for frozen food and drinks among the urban consumers. As the demand for healthy, fresh, and hygienic food is on rise, the demand for refrigerated display cases also increases simultaneously. In addition, the demand for frozen food and drinks is increasing day by day owing to the modern lifestyle, which demands quick and easy access to food and beverage. Furthermore, changing consumer preference for quality and hygiene food along with the increasing consumer spending power is expected to drive the growth of refrigerated display cases market over the forecast period.
Asia-Pacific Got Significant Share Of
Refrigerated Display Cases Market Regional Analysis
The Asia Pacific refrigerated display cases market is likely to hold a significant revenue share, and in the forecasted years, it is predicted to increase rapidly due to the growing demand for frozen and chilled products and rising disposable income in countries such as India, China, Japan. North America refrigerated display cases market is expected to have a significant growth over the forecast period owing to increasing adoption of self-service retail formats and strict food safety regulations in US and Canada.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The refrigerated display cases market report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029).
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies.
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market.
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario.
Refrigerated Display Cases Market Segmentation
By Product Type
By Product Design
- Vertical
- Horizontal
- Hybrid
- Semi-Vertical
By Geography
- North America
- Europe
- The Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
The refrigerated display cases market was valued at USD 8,248.5 million in 2022 and is expected to grow at a 5.1% CAGR from 2023 to 2029.
Development of new refrigeration technologies such as hybrid systems, and natural refrigerants, are anticipated to provide an opportunity to the market players and manufacturers in the growth of the refrigerated display cases market over the forecast period.
The leading players in the global Refrigerated Display Cases market are 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, ISA Italy S.r.l, Verco Limited.
The refrigerated display cases market is segmented based on type of closure, end user industry, capacity, and geography.
- 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
- ISA Italy S.r.l
- Verco Limited.