Refrigerated Display Cases Market Size, Share, Growth Trends and Forecast 2024-2030

According to Precision Business Insights (PBI), latest report, the refrigerated display cases market was valued at USD 8,248.5 million in 2023 and is expected to grow at a 5.1% CAGR from 2024 to 2030. The primary drivers of the expansion of the global refrigerated display cases market include the increasing demand for frozen food and drinks among urban consumers. In addition, growing awareness about environment sustainability and energy efficiency is expected to boost the growth of the refrigerated display cases market.

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The refrigerated display cases market detailed segmentation
Based on the product type, the market is segmented into the following:
• Plug in Refrigerated Display
• Remote Refrigerated Display

Based on the product design, the market is segmented into the following:
• Vertical
• Horizontal
• Hybrid
• Semi-Vertical

Plug In Refrigerated Display Cases Segment is expected to Dominate the Refrigerated Display Cases Market:
Based on the product type, the global Refrigerated Display Cases market is segmented into plug-in refrigerated displays, remote refrigerated displays. The plug-in refrigerated display segment is expected to account for a larger revenue share in the global refrigerated display cases market. The plug-in refrigerated display cases range from small refrigerated cases, which can be mounted to a wall to open, or curved glass display cases which are kept on floor. As the demand for bottled and aerated drinks increases, the demand for bottle coolers in plug-in devices also increases. Thus, it is expected to drive the growth of refrigerated display cases market in this segment over the forecast period.

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Based on geography, the market is segmented into the following:
• North America
• Europe
• The Asia Pacific
• Latin America
• MEA

The Asia Pacific refrigerated display cases market is expected to increase over the forecast period due to the increasing demand for frozen and chilled food products among the urban consumers in India, China, and Japan. In addition, rising disposable income and changing consumer preference towards convenience food are expected to boost the growth of refrigerated display cases market in this region over the forecast period. Furthermore, factors such as the growing demand for refrigerated display cases in food & and beverage services along with the rising penetration of smart phones and other internet enables devices, technological advancements are anticipated to further aid the growth of refrigerated display cases market.

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Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global Refrigerated Display Cases market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region.

Key players profiles in the refrigerated display cases market report are Metalfrio Solutions S.A, Lennox International, Dover Corporation, Illinois Tool Works Inc., Hussmann Corporation, AHT Cooling Systems GmbH, Epta S.p.A Refrigeration, Frigoglass S.A.I.C, Hoshizaki International, ISA Italy S.r.l, Verco Limited.

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This release was published on openPR.