Refrigerated Display Cases Market Size, Market Share, Revenues, Segmental Share Revealed | Market Report and Forecast 2019-2030 by RationalStat
Rationalstat LLC
8 min read
Rationalstat LLC
The global refrigerated display cases market is expected to touch a market size of US$ 19.6 billion by 2030, with an annual growth rate of more than 6.50%
Global Refrigerated Display Cases Market value is assessed at US$ 12.6 billion in 2023 and is expected to grow at a significant CAGR of over 6.50% over the forecast period of 2023-2030, according to the latest market report by RationalStat
Market Definition, Market Scope, and Report Overview
The global refrigerated display cases market is anticipated to grow at a steady rate. The demand for frozen and chilled food products is increasing due to the busy lifestyles of consumers and the growing popularity of convenience foods. Refrigerated display cases are essential for storing and displaying frozen and chilled food products in a safe and sanitary manner.
The retail sector is growing rapidly, especially in emerging markets. This is leading to an increase in the demand for refrigerated display cases, as retailers need to store and display a wide variety of food and beverage products. Moreover, the disposable incomes of consumers are rising in many parts of the world. This is leading to increased spending on food and beverage products, which is driving the demand for refrigerated display cases.
According to a deep-dive market assessment by RationalStat, the global refrigerated display cases market has been analyzed on the basis of market segments, including type, crop type, application and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
Market intelligence for the global refrigerated display cases market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
In addition, the long-term sector and products/services 10-year outlook and its implications on the global refrigerated display cases market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
GlobalRefrigerated Display Cases Market: Segmental and Market Share Analysis
Based on product type, the plug-in segment is anticipated to contribute the major revenue share due to the growing demand from small and medium-sized retailers.
On the basis of end use, supermarket and hypermarkets holds a larger revenue share as the adoption of frozen foods increases so the demand for a refrigerator with advanced technologies also increases.
Report Synopsis
Report Metrics
Details
Base Year
2023
Forecast Period
2023-2030
Base Year Market Size
US$ 12.6 billion
Market Size Forecast
US$ 19.6 billion
Growth Rate
6.50%
Key Market Drivers
Increasing demand for frozen and chilled food products
These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers and acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global refrigerated display cases market include,
In September 2022, Quebec-based commercial refrigerated display case manufacturer MTL Cool was acquired by Due North, the recently formed operating company from the merger of Minus Forty and QBD.
In September 2021, Ronin Equity Partners acquired two leading North American manufacturers of commercial refrigeration equipment, QBD and Minus Forty, both located in Canada’s Greater Toronto area
Some of the prominent players and suppliers operating and contributing significantly to the global refrigerated display cases market growth include Carrier Corporation, Dover Corporation, Hussmann Corporation, Metalfrio Solutions SA, Arneg SpA, Epta SpA, AHT Cooling Systems GmbH, Liebherr Group, Panasonic Corporation, and Sanden Retail Systems Corporation, among others.
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
Defining the problem by understanding the type of market and data required by the client.
Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
Evaluating and analyzing the data by referring to data sources utilized and leveraged.
Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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About RationalStat LLC
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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