Press release
Refrigerated Display Cases Market Size, Forecasts to 2033
The new report published by The Business Research Company, titled ""Refrigerated Display Cases Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the refrigerated display cases market size has grown rapidly in recent years. It will grow from $7.4 billion in 2023 to $8.15 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The refrigerated display cases market size is expected to see rapid growth in the next few years. It will grow to $12.11 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%.
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Demand for Frozen and Chilled Food Products on the Refrigerated Display Cases Market
The growing demand for frozen and chilled food products is expected to propel the growth of the refrigerated display cases market going forward. Frozen food products are stored below freezing, while chilled food products are stored at cool temperatures but not frozen, both requiring specific storage conditions to maintain quality and safety. Frozen and chilled food products are in demand due to convenience, improved preservation technology, urbanization, busy lifestyles, and efforts to reduce food waste. Refrigerated display cases are essential for showcasing frozen and chilled food products, which attract customers with their freshness and variety. These products help maintain visually appealing and well-stocked displays, enticing customers to purchase. For instance, in March 2024, according to the United States Census Bureau, a US-based government agency, sales in the frozen food manufacturing sector increased from $33.9 million in 2020 to $35.3 million in 2021, with a slight rise in the annual payroll from $4.1 million to $4.3 million. Therefore, the growing demand for frozen and chilled food products drives the refrigerated display cases market.
Innovative Cooling Technology Enhances Energy Efficiency And Product Freshness In Refrigerated Display Cases Market
Major companies operating in the refrigerated display cases market are developing plug-in island cabinets to enhance energy efficiency and reduce environmental impact. Plug-in island cabinets are self-contained refrigerated display cases easily plugged into a standard electrical outlet. For instance, in June 2022, Carrier Commercial Refrigeration, a US-based food retail and cold storage company, launched EasyCube, an energy-efficient plug-in island cabinet. This versatile unit switches between chilled and frozen refrigeration, featuring electronic controls, an integrated temperature display, automatic defrost, and drip water evaporation. Its ultra-slim, transparent design with easy-open sliding lids ensures excellent product visibility and accessibility. It's ideal for showcasing seasonal products in promotional store locations.
The refrigerated display cases market covered in this report is segmented -
1) By Type: Plug-In, Semi Plug-In, Remote
2) By Design: Vertical, Horizontal, Hybrid
3) By Application: Retail Stores, Restaurants And Hotels, Other Applications
4) By End-User: Supermarkets, Convenience Stores
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Major companies operating in the refrigerated display cases market are Panasonic Corporation, Haier Inc., Daikin Industries Ltd., Carrier Global, Dover Corporation, Hussmann Corporation, Hillphoenix, Metalfrio Solutions, The Vollrath Company LLC, True Manufacturing Co. Inc., AHT Cooling Systems, Hoshizaki America Inc., ISA SpA, Ugur Cooling, Kysor Waren, Epta Corporate, Zero Zone Inc., A/S Vestfrost, Arneg S.P.A, Turbo Air Inc., Orford Refrigeration, Migali, Afinox srl, Dvorson, Fagor Professional
Contents of the report:
1. Executive Summary
2. Refrigerated Display Cases Market Report Structure
3. Refrigerated Display Cases Market Trends And Strategies
4. Refrigerated Display Cases Market - Macro Economic Scenario
5. Refrigerated Display Cases Market Size And Growth
…..
27. Refrigerated Display Cases Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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