According
to a new market research report published by Credence Research, “Refrigerated
Display Cases (RDC) Market (by Product Type (Plug-in RDCs & Remote
RDCs), by Product Design (Vertical – Front Open, Horizontal – Top Open, and
Others (Hybrid, etc.)), by End-use (Food Service Establishments & Retail
Establishments), by Geography (North America, Europe, Asia Pacific, and Rest of
the World)) – Growth, Future Prospects, and Competitive Landscape, 2019 -2027”,
the global refrigerated display cases market was valued at US$ 11.54 Bn in 2018
and is expected to expand at a CAGR of 6.5% during the forecast from 2019 to
2027.
Browse full
report at https://www.credenceresearch.com/report/refrigerated-display-cases-market
Market Insight
Refrigerated
display cases are cabinets installed at food service establishments and by food
retailers to store & display chilled or/and frozen food and beverages.
Refrigerated display cases help food retailers attract customers through an
attractive transparent display of foodstuff. Thus, imminent need for
merchandising food products in order to influence the buying behavior of
customers and trigger sales is the primary factor driving sales of refrigerated
display cases worldwide. In addition, growing frozen foods & beverage
market coupled with expanding food supply chain will also have positive impact
on the overall demand for refrigerated display cases (RDC). A prominent trend
of manufacturers introducing energy efficient refrigerated display units can be
observed in the market. This trend is predominant, especially in developed
& matured markets like North America and Europe, where stringent energy
efficiency/consumption regulations/standards have been enacted by the
government. All these factors are contributing towards the expected CAGR (6.5%)
for the refrigerated display cases market during the forecast period from
2019 to 2027.
In
terms of demand by geography, Asia Pacific was the largest refrigerated display
cases market worldwide. The region offers attractive investment opportunities
for manufacturers in wake of budding frozen food & retail industry.
Increasing discretionary income, changing lifestyles, and huge base of young
population are the factors responsible for driving food retail & food
service industry in the region. Consequently, demand for frozen food and
beverage has surged over the last few years, convincing retailers to install
refrigerated display units on-premise. Some of the leading manufacturers
profiled in the research study include United Technologies Corporation –
Climate, Daikin Industries Ltd., Metalfrio Solutions S.A., Illinois Tool Works,
Inc., Epta S.p.A., Beverage-Air Corporation, Dover Corporation, Inc., Lennox
International, Inc. Hussmann International, AHT Cooling Systems GmbH, and Blue
Star Ltd among others.
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By Product Type
Segment (2017–2027; US$ Bn)
- Plug-in RDCs
- Remote RDCs
By Product Design
Segment (2017–2027; US$ Bn)
- Vertical – Front Open
- Horizontal – Top Open
- Others (Hybrid, etc.)
By End-use
Segment (2017–2027; US$ Bn)
- Retail Establishments
- Supermarket
- Hypermarket
- Departmental Stores
- Discount & Small Stores
- Food Service Establishments
By Geography
Segment (2017–2027; US$ Mn)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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