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Glass Door Refrigerators Market was worth US$6.53 bn in 2023 - Global Industry Analysis, Size, Share, Growth, Trends and Forecast

11-06-2017 11:08 AM CET | Industry, Real Estate & Construction

Press release from: Glass Door Refrigerators Market

Glass Door Refrigerators Market was worth US$6.53 bn in 2023 -

ResearchMoz added Latest Research Report titled " Glass Door Refrigerators Market (Capacity - 0.5 - 3 ft3, 3.1 - 6.0 ft3, 6.1 - 9.0 ft3, and Others; Retail Channel - Hypermarket, Super Market, Convenience Stores, Restaurants, and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023 " to it's Large Report database.

This report aims to provide a comprehensive strategic analysis of the global glass door refrigerators market along with the market revenue, volume, and growth forecast for the period from 2013 to 2023. Proliferation of supermarkets, hotels, and cafes, changing food consumption trends, and increasing food safety and quality regulations are some major factors driving the global glass door refrigerator market. A growing retail network and food industry, rise in consumer spending coupled with the development of improved and technologically advanced refrigeration systems is influencing the way glass door refrigerators are being adopted across the food and beverage and retail industries. Other sectors, such as biomedical, are also experiencing increased use of small-sized glass door refrigerators with critical-temperature-control features.

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With the expansion of leading retail supermarkets, the demand for glass door refrigerators has witnessed a new high. The proliferation of restaurants, cafes, pharmacies, and convenience stores are also adding significantly to the growing demand for these refrigerators. As per TMR’s estimations, the opportunity in glass door refrigerators is projected to expand at a CAGR of 8.60% between 2015 and 2023 and rise from a value of US$6.5 bn in 2014 to a value of US$13.7 bn the end of the forecast period.

The rising food and beverage industry in Asia Pacific is expected to increase the application of these refrigerators considerably in the coming years. Technical developments are also projected to boost the demand for them in the near future.

Glass Door Refrigerators with Capacity of 3.1 - 6.0 cu ft. Leads in Revenue Generation

Mostly, glass door refrigerators with a capacity ranging from 0.5 to 3.0 cu ft., 3.1 to 6.0 cu ft., and 6.1 to 9.0 cu ft. are available in the global market. Refrigerators with capacities of 6.1 to 9.0 cu ft. find high demand in hypermarkets, supermarkets, and convenience stores, owing to which, they have acquired the leading position among all glass door refrigerators in terms of consumption. However, the refrigerators with a capacity ranging from 3.1 to 6.0 cu ft. are the key contributors to the overall revenue generated in the market.

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Table of Content

Chapter 1 Preface
1.1 Report Description
1.2 Market Segmentation: Glass Door Refrigerators Market
1.3 Research Methodology
1.3.1 Secondary Research
1.3.2 Primary Research
1.3.3 Models
1.3.3.1 Market Sizing Methodology
1.3.3.2 Market Sizing Methodology: Stage 2
1.3.3.3 Forecast Methodology

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Glass Door Refrigerator Market (2014 & 2023)
2.2 Global Glass Door Refrigerator Market Revenue, 2013 – 2023 (US$ Mn) and Y-o-Y Growth (%)
2.3 Global Glass Door Refrigerator Market Revenue, By Capacity, 2014 (US$ Mn)
2.4 Global Glass Door Refrigerator Market Revenue, By Retail Channel, 2014 (US$ Mn)
2.5 Global Glass Door Refrigerator Market Revenue, By Region, 2014 (US$ Mn)

Chapter 3 Global Glass Door Refrigerators Market Analysis
3.1 Overview
3.2 Key Trends Analysis
3.2.1 Use of LED Technology and Proximity Sensors
3.2.2 Use of Natural or Inorganic Refrigerants in Commercial Refrigeration Equipment
3.2.3 Manufacturing of Small Commercial Refrigeration Cabinets for Small Food Retail Stores
3.3 Glass Door Refrigerator Distribution Channel Analysis (% sales, 2014)
3.4 Market Dynamics
3.4.1 Drivers
3.4.1.1 Proliferation of Supermarkets, Hotels, and Cafes
3.4.1.1.1 Global Retail Sales, 2009 – 2015 (US$ Trillion)

About ResearchMoz

ResearchMoz is the world's fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz's service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

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