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A new research report published by Transparency Market Research states that the global
refrigerated display cases market is expected to grow at a rapid pace due to technological
developments in advanced refrigerators with unique temperature control features. The report,
titled “Refrigerated Display Cases Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2013 - 2019”, discusses the various types of refrigerators in the market
and explains in detail the reasons supporting the growth of this market.
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According to the research report, the global refrigerated display cases market was valued at
US$8.8 bn in 2013 and is expected to reach US$16.3 bn by 2019, growing at a CAGR of 9.60%
from 2013 to 2019. Refrigerated display cases or cabinets are mainly used for storing food
products and other products that have to be kept or preserved at low temperatures. Furthermore,
the sudden increase in the number of cafes, restaurants, bakeries, and retail stores has given an
impetus to the global refrigerated display cases market. The growth of this market is also being
encouraged by changes in the eating habits of people, which are shifting towards frozen or
chilled food items. The rising disposable incomes of consumers are also expected to augment the
demand for refrigerated display cases market across the globe.
The global refrigerated display cases market is segmented on the basis of type of product, design,
and geography. The types of products in the global refrigerated display cases market are plug-in
(self-contained) and remote. In terms of design, this market is segmented into vertical – front
open and horizontal – top open, and others such as hybrid or semivertical. Geographically, this
market is segmented into Europe, North America, Asia Pacific, and Rest of the World.
Analysts predict that the demand for medium-sized and small stores will trigger the demand for
plug-in refrigerated display cases, as they fit the constraints of a small budget, limited floor
space, and power consumption. This trend will also be supported by the low installation time
these units take and the ease of portability they offer. These reasons are making plug-in
refrigerated display cases popular amongst store owners.
Geographically, Asia Pacific holds a major share in the global refrigerated display cases market
due to the contribution of emerging economies. The growth of the commercial sector with
respect to restaurants, hotels, the catering industry, and the retail sector is fueling the demand for
refrigerated display cases.
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Some of the important players in the global refrigerated display cases market are United
Technologies Corporation – Climate, Metalfrio Solutions S.A., Daikin Industries, Ltd.,
Beverage-Air Corporation, Epta S.p.A., Dover Corporation, Illinois Tool Works, Inc., Controls
& Security Unit (Carrier), Hussmann International, Inc., AHT Cooling Systems GmbH, Lennox
International, Inc., and Blue Star Ltd. The report explains the competitive landscape of the global
refrigerated display cases market along with sharing details pertaining to the financial overview,
research and development activities, and investment outlook of key companies for the coming
years.