According to a new market research report published by Credence Research, the global market for refrigerated display cases was valued at US$ 11.54 billion in 2018 and is expected to increase to CAGR by 6.5 per cent from 2019 to 2027 during the forecast.
Refrigerated display cases are cabinets installed in food service establishments and food retailers to store and display chilled or / and frozen food and beverages. Refrigerated display cases help food retailers attract customers through an attractive, transparent display of food products. Thus, the imminent need for food merchandising products to influence the buying behavior of customers and trigger sales is the primary driver of sales of refrigerated display cases worldwide.
Browse the full report at “Refrigerated Display Cases (RDC) Market”
In addition, the growing market for frozen foods and beverages coupled with the expanding food supply chain will also have a positive impact on the overall demand for refrigerated display cases (RDCs). A strong trend of manufacturers introducing energy-efficient refrigerated display units can be observed on the market. This trend is predominant, especially in developed and mature markets such as North America and Europe, where the government has enacted strict energy efficiency / consumption regulations / standards. All of these factors contribute to the expected CAGR (6.5 per cent) market for refrigerated display cases during the forecast period from 2019 to 2027.
In terms of geography demand, Asia Pacific was the world’s largest refrigerated display case market. The region offers attractive investment opportunities for producers in the wake of the budding frozen food & retail sector. Increasing discretionary incomes, changing lifestyles and a large base of young people are responsible for driving the food retail and food service industry in the region. As a result, demand for frozen food and drink has increased over the last few years, persuading retailers to install on-site refrigerated display units.
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.
Report Scope by Segments
By Product Type Segment
- Plug-in RDCs
- Remote RDCs
By Product Design Segment
- Vertical – Front Open
- Horizontal – Top Open
- Others (Hybrid, etc.)
By End-use Segment
- Retail Establishments
- Departmental Stores
- Discount & Small Stores
- Food Service Establishments
By Geography Segment
- North America (U.S., Rest of North America)
- Europe (U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, Japan, India, Rest of Asia Pacific)
- Rest of the World (Middle East & Africa, Latin America)