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Report
Refrigerated Display Cases Market by Product Type (Plug-In Refrigerated Display Cases, Remote Refrigerated Display Cases), Product Design (Vertical, Horizontal, Hybrid and Semi-Vertical), End Use (Food Service Sector, Retail Food and Beverage Sector), and Region 2024-2032
Market Report I 2024-01-30 I 141 Pages I IMARC Group
The global refrigerated display cases market size reached US$ 16.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 34.3 Billion by 2032, exhibiting a growth rate (CAGR) of 7.99% during 2024-2032. The significant growth in the food and beverage (F&B) industry, widespread product adoption across retail facilities, and the introduction of natural refrigerants represent some of the key factors driving the market.
Refrigerated display cases are specialized units designed to store and showcase perishable and temperature-sensitive goods, such as food, beverages, and desserts. They are manufactured using various durable, easy-to-clean, and corrosion-resistant materials, such as stainless steel, copper, plastic, glass, and polyurethane foam. They are also comprised of several components, such as a compressor, condenser, evaporator, fans, lighting, and control systems. Refrigerated display cases are widely used to display fresh produce, meat, seafood, alcoholic and non-alcoholic beverages, ice cream, cakes, pastries, and other bakery goods. They are user-friendly and offer long service life, reduce energy consumption, allow customization, save space, and require low maintenance. Refrigerated display cases also assist in maintaining a consistent temperature, preventing spoilage, reducing wastage, and ensuring food safety.
Refrigerated Display Cases Market Trends:
The significant growth in the food and beverage (F&B) industry is one of the key factors creating a positive outlook for the market. Refrigerated display cases are widely used to store and showcase fruits, vegetables, leafy greens, milk, cheese, yogurt, butter, ham, meat, turkey, chicken, fish, lobsters, soft drinks, bottled water, beer, wines, cakes, pastries, and other bakery goods. In addition to this, the rising demand for processed and packaged food due to the changing consumer lifestyles and hectic schedules is acting as another growth-inducing factor. Furthermore, the widespread product adoption across various retail facilities, such as supermarkets, hypermarkets, grocery stores, restaurants, cafes, and convenience stores to provide easy access for customers, improve presentation, and increase sales is positively influencing the market growth. Additionally, the adoption of sustainable refrigeration solutions that utilize natural refrigerants, such as carbon dioxide (CO2), propane, ammonia, water, and isobutane, which are cost-effective, eco-friendly, and reduce global warming, is providing an impetus to the market growth. Besides this, the incorporation of the Internet of Things (IoT) technology to monitor temperature and humidity levels, optimize energy usage, enable predictive maintenance, and allow users to track inventory is favoring the market growth. Moreover, the implementation of stringent government regulations to maintain the safety and quality of food products is providing a thrust to the market growth. Other factors, including the rising adoption of online grocery sales, increasing investment in the research and development (R&D) of advanced products, and the growing demand for customized refrigerated display cases, are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global refrigerated display cases market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on product type, product design, and end use.
Product Type Insights:
Plug-In Refrigerated Display Cases
Remote Refrigerated Display Cases
The report has provided a detailed breakup and analysis of the refrigerated display cases market based on the product type. This includes plug-in and remote refrigerated display cases. According to the report, plug-in refrigerated display cases represented the largest segment.
Product Design Insights:
Vertical
Horizontal
Hybrid and Semi-Vertical
A detailed breakup and analysis of the refrigerated display cases market based on the product design has also been provided in the report. This includes vertical, horizontal, and hybrid and semi-vertical. According to the report, vertical accounted for the largest market share.
End Use Insights:
Food Service Sector
Quick Service Restaurants
Bakeries
Hotels
Others
Retail Food and Beverage Sector
Fuel Station Stores
Hypermarkets
Supermarkets
Discount Stores
A detailed breakup and analysis of the refrigerated display cases market based on the end use has also been provided in the report. This includes food service sector (quick service restaurants, bakeries, hotels, and others) and retail food and beverage sector (fuel station stores, hypermarkets, supermarkets, and discount stores). According to the report, retail food and beverage sector accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe was the largest market for refrigerated display cases. Some of the factors driving the Europe refrigerated display cases market included the rapid expansion of food services, the implementation of stringent government regulations, and significant technological advancements.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global refrigerated display cases market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include Afinox srl, Arneg S.p.A., Carrier Global Corporation, Daikin Industries Ltd., Danfoss, Epta S.p.A., Fagor Professional (ONNERA Group), Haier Group Corporation, Hill Phoenix Inc. (Dover Corporation), Hussmann Corporation (Panasonic Corporation), ISA SpA, Turbo Air Inc., Zero Zone Inc., etc.
Key Questions Answered in This Report:
How has the global refrigerated display cases market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global refrigerated display cases market?
What is the impact of each driver, restraint, and opportunity on the global refrigerated display cases market?
What are the key regional markets?
Which countries represent the most attractive refrigerated display cases market?
What is the breakup of the market based on the product type?
Which is the most attractive product type in the refrigerated display cases market?
What is the breakup of the market based on the product design?
Which is the most attractive product design in the refrigerated display cases market?
What is the breakup of the market based on end use?
Which is the most attractive end use in the refrigerated display cases market?
What is the competitive structure of the global refrigerated display cases market?
Who are the key players/companies in the global refrigerated display cases market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Refrigerated Display Cases Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product Type
6.1 Plug-In Refrigerated Display Cases
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Remote Refrigerated Display Cases
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Product Design
7.1 Vertical
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Horizontal
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Hybrid and Semi-Vertical
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End Use
8.1 Food Service Sector
8.1.1 Market Trends
8.1.2 Key Segments
8.1.2.1 Quick Service Restaurants
8.1.2.2 Bakeries
8.1.2.3 Hotels
8.1.2.4 Others
8.1.3 Market Forecast
8.2 Retail Food and Beverage Sector
8.2.1 Market Trends
8.2.2 Key Segments
8.2.2.1 Fuel Station Stores
8.2.2.2 Hypermarkets
8.2.2.3 Supermarkets
8.2.2.4 Discount Stores
8.2.3 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
10.1 Overview
10.2 Drivers
10.3 Restraints
10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Afinox srl
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Arneg S.p.A.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Carrier Global Corporation
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4 Daikin Industries Ltd.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Danfoss
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 SWOT Analysis
14.3.6 Epta S.p.A.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Fagor Professional (ONNERA Group)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Haier Group Corporation
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Hill Phoenix Inc. (Dover Corporation)
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Hussmann Corporation (Panasonic Corporation)
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 ISA SpA
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.12 Turbo Air Inc.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.13 Zero Zone Inc.
14.3.13.1 Company Overview
14.3.13.2 Product Portfolio
Figure 1: Global: Refrigerated Display Cases Market: Major Drivers and Challenges
Figure 2: Global: Refrigerated Display Cases Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Refrigerated Display Cases Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Refrigerated Display Cases Market: Breakup by Product Type (in %), 2023
Figure 5: Global: Refrigerated Display Cases Market: Breakup by Product Design (in %), 2023
Figure 6: Global: Refrigerated Display Cases Market: Breakup by End Use (in %), 2023
Figure 7: Global: Refrigerated Display Cases Market: Breakup by Region (in %), 2023
Figure 8: Global: Refrigerated Display Cases (Plug-In Refrigerated Display Cases) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Refrigerated Display Cases (Plug-In Refrigerated Display Cases) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Refrigerated Display Cases (Remote Refrigerated Display Cases) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Refrigerated Display Cases (Remote Refrigerated Display Cases) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Refrigerated Display Cases (Vertical) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Refrigerated Display Cases (Vertical) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Refrigerated Display Cases (Horizontal) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Refrigerated Display Cases (Horizontal) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Refrigerated Display Cases (Hybrid and Semi-Vertical) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Refrigerated Display Cases (Hybrid and Semi-Vertical) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Refrigerated Display Cases (Food Service Sector) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Refrigerated Display Cases (Food Service Sector) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Refrigerated Display Cases (Retail Food and Beverage Sector) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Refrigerated Display Cases (Retail Food and Beverage Sector) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: North America: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: North America: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: United States: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: United States: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: Canada: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: Canada: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: Asia-Pacific: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: Asia-Pacific: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: China: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: China: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Japan: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Japan: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: India: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: India: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: South Korea: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: South Korea: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: Australia: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: Australia: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: Indonesia: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: Indonesia: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Others: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Others: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Europe: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Europe: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Germany: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Germany: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: France: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: France: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: United Kingdom: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: United Kingdom: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: Italy: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: Italy: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: Spain: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: Spain: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Russia: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Russia: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Others: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Others: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Latin America: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Latin America: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Brazil: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Brazil: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Mexico: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Mexico: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Others: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Others: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Middle East and Africa: Refrigerated Display Cases Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Middle East and Africa: Refrigerated Display Cases Market: Breakup by Country (in %), 2023
Figure 70: Middle East and Africa: Refrigerated Display Cases Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Global: Refrigerated Display Cases Industry: Drivers, Restraints, and Opportunities
Figure 72: Global: Refrigerated Display Cases Industry: Value Chain Analysis
Figure 73: Global: Refrigerated Display Cases Industry: Porter's Five Forces Analysis
Table 1: Global: Refrigerated Display Cases Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Refrigerated Display Cases Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
Table 3: Global: Refrigerated Display Cases Market Forecast: Breakup by Product Design (in Million US$), 2024-2032
Table 4: Global: Refrigerated Display Cases Market Forecast: Breakup by End Use (in Million US$), 2024-2032
Table 5: Global: Refrigerated Display Cases Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Refrigerated Display Cases Market: Competitive Structure
Table 7: Global: Refrigerated Display Cases Market: Key Players
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