The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s Refrigerated Display Cases Global Market Report 2024 offers crucial insights into the refrigerated display cases market help businesses analyse and build stronger strategies.

Rapid Market Growth

• Current Growth: The refrigerated display cases market is expanding swiftly, with an anticipated increase from $7.4 billion in 2023 to $8.15 billion in 2024. This represents a compound annual growth rate (CAGR) of 10.2%.
• Historical Drivers: The market’s expansion has been fueled by heightened consumer demand for fresh and perishable foods, rising awareness about food safety and hygiene, and the proliferation of supermarket and hypermarket chains. Additionally, the emphasis on energy-efficient refrigeration solutions, increased investments in the retail sector, and growing environmental regulations have significantly contributed to this growth.

Future Projections

• Forecasted Growth: The market is expected to reach $12.11 billion by 2028, driven by a CAGR of 10.4%.
• Future Drivers: The anticipated growth is attributed to a surge in demand for fresh and frozen foods, investments in cold chain infrastructure, and a growing emphasis on food safety and hygiene. Trends such as the adoption of energy-efficient technologies, smart refrigerated display cases with IoT capabilities, and advancements in sustainable refrigerants are set to influence the market significantly.

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Growing Demand for Frozen and Chilled Foods

• Market Impact: The increasing preference for frozen and chilled food products is set to propel market growth. These products are popular due to their convenience and improved preservation technologies.
• Consumer Behavior: Urbanization and busy lifestyles have boosted the demand for these products. For instance, U.S. Census Bureau data shows a rise in frozen food sales, further highlighting the crucial role of refrigerated display cases in maintaining product quality and appealing displays.

Key Market Players and Innovations

• Major Companies: Leading firms in the market include Panasonic Corporation, Haier Inc., Daikin Industries Ltd., Carrier Global, and Hussmann Corporation, among others.
• Innovations: Companies are focusing on energy-efficient solutions, such as plug-in island cabinets. Carrier Commercial Refrigeration’s EasyCube, launched in June 2022, exemplifies this trend with its versatile design and enhanced energy efficiency.

Strategic Moves and Expansions

• Notable Acquisition: In September 2022, Due North acquired MTL Cool to enhance its refrigeration solutions portfolio. This acquisition aims to advance refrigeration technology and improve retail experiences, reinforcing Due North’s market position.

Market Segmentation

• Types: The market is segmented into Plug-In, Semi Plug-In, and Remote display cases.
• Designs: Includes Vertical, Horizontal, and Hybrid models.
• Applications: Ranges from Retail Stores to Restaurants and Hotels.
• End-Users: Primarily Supermarkets and Convenience Stores.

Regional Insights

• Current Leader: Europe was the largest market for refrigerated display cases in 2023.
• Future Growth: Asia-Pacific is projected to be the fastest-growing region, reflecting the increasing investments and growing retail infrastructure in the area.

As the refrigerated display cases market continues to evolve, staying abreast of technological innovations and market trends will be crucial for businesses aiming to capitalize on this growth.

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The Refrigerated Display Cases Global Market Report 2024  provides a comprehensive outlook of the refrigerated display cases market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The refrigerated display cases market forecast offers a thorough analysis on refrigerated display cases market size, refrigerated display cases market share, prominent players and their strategies.

The Table Of Content For The Refrigerated Display Cases Market Include:
1. Refrigerated Display Cases Market Executive Summary
2. Refrigerated Display Cases Market Segments
3. Refrigerated Display Cases Market Size And Refrigerated Display Cases Market Growth Rate
4. Key Refrigerated Display Cases Market Trends
5. Major Refrigerated Display Cases Market Drivers
……
25. Key Mergers And Acquisitions In The Refrigerated Display Cases Market
26. Top Refrigerated Display Cases Companies
27. Refrigerated Display Cases Market Opportunities And Strategies
28. Refrigerated Display Cases Market, Conclusions And Recommendations
29. Appendix

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