What is Global Refrigerated Display Cases Market?
The Global Refrigerated Display Cases Market is a vast and dynamic sector that encompasses a wide range of products used in various industries. These display cases are essentially commercial refrigeration equipment that are used to store and display products (such as beverages, food, flowers, and medicines) at an optimal temperature to maintain their quality and extend their shelf life. The market for these display cases is global, meaning it spans across all continents and countries, catering to a diverse range of consumer needs and preferences. The market is driven by various factors such as technological advancements, changing consumer preferences, and stringent government regulations regarding food safety. However, it also faces certain challenges such as high energy consumption and environmental concerns. Despite these challenges, the market continues to grow, thanks to the increasing demand for refrigerated storage in various sectors such as retail, food and beverages, and healthcare.
Chilled Type, Frozen Type in the Global Refrigerated Display Cases Market:
The Global Refrigerated Display Cases Market is segmented into two main types: Chilled Type and Frozen Type. The Chilled Type display cases are designed to store and display products at a temperature range of 2°C to 8°C. These are commonly used in supermarkets, convenience stores, and foodservice establishments to store and display perishable food items such as dairy products, fruits and vegetables, and beverages. On the other hand, the Frozen Type display cases are designed to store and display products at a temperature below 0°C. These are typically used to store and display frozen food items such as ice cream, frozen meals, and frozen meats. Each type has its own unique features and benefits, and their usage depends on the specific requirements of the end-user. For instance, a supermarket might use both types of display cases - Chilled Type for dairy products and beverages, and Frozen Type for frozen foods.
Beverages, Food, Medicine, Other (Flowers etc.) in the Global Refrigerated Display Cases Market:
The Global Refrigerated Display Cases Market finds its usage in various areas such as Beverages, Food, Medicine, and Other (Flowers etc.). In the Beverages sector, these display cases are used to store and display a wide range of beverages such as soft drinks, juices, and alcoholic beverages at an optimal temperature to maintain their quality and taste. In the Food sector, they are used to store and display various food items such as dairy products, fruits and vegetables, and prepared meals. In the Medicine sector, these display cases are used in pharmacies and healthcare facilities to store and display medicines that require refrigeration to maintain their efficacy. Other uses include storing and displaying flowers in florist shops to extend their freshness and lifespan. Each of these sectors has its own unique requirements and preferences when it comes to refrigerated display cases, and the market caters to these diverse needs through a wide range of products.
Global Refrigerated Display Cases Market Outlook:
The global Refrigerated Display Cases market, as per the recent data, was valued at US$ 7936.7 million in 2022. The market is expected to reach a value of US$ 10480 million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 4.0% during the forecast period of 2023-2029. This growth can be attributed to various factors such as technological advancements, increasing demand for refrigerated storage in various sectors, and stringent government regulations regarding food safety. Europe is currently the largest producer of Refrigerated Display Cases, holding a market share of about 30%. It is followed by China and North America. The top five manufacturers in this industry are AHT Cooling Systems GmbH, Epta SpA, Frigoglass, Panasonic, and Hillphoenix. These companies collectively hold a market share of about 30%.
Report Metric | Details |
Report Name | Refrigerated Display Cases Market |
Accounted market size in 2022 | US$ 7936.7 in million |
Forecasted market size in 2029 | US$ 10480 million |
CAGR | 4.0% |
Base Year | 2022 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Production by Region |
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Consumption by Region |
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By Company | AHT Cooling Systems GmbH, Epta SpA, Liebherr, Ugur Cooling, Carrier Commercial Refrigeration, Frigoglass, Arneg, Panasonic, Vestforst, Heatcraft Refrigeration Products, Ahmet Yar, Afinox, Zero Zone, Orford Refrigeration, Metalfrio Solutions, USR (Marchia), Turbo Air, TRUE, Hoshizaki International, ISA, Hillphoenix, Verco Limited, Qingdao Hiron Commercial Cold Chain, Haier, Aucma, Zhejiang Xingxing Refrigeration |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |