Press release
Refrigerated Display Cases Glasses Market Retail and Food Processing Industry Catapult Asia Pacific Market to Fore
From glass makers, glass coating providers, and door assemblers to retrofitters, the companies in the market are leveraging various strategies to boost their positions. Some of them are mergers and acquisitions, competitive pricing, and new service or functionality additions.
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Some of the prominent participants operating in the global refrigerated display cases (RDC) glasses market are Beverage-Air Corporation, AHT Cooling Systems GmbH, Hussman International, ISA Italy S.r.l., Kysor/Warren (Lennox International), Metalfrio Solutions S.A., SRC Refrigeration, and REMIS GmbH.
Some of the glass makers, coating providers, glass processing, door assembly, retrofitting companies in the market include Anthony (a Dover Company), Guardian Glass, Schott AG, GroGlass, Glacier Door Systems, Styleline Doors, Falkberg, and Thermoseal Industries.
As per a TMR report, the volume in the global refrigerated display case (RDC) glasses market will likely rise at a CAGR of 5.7% from 2017 to 2025 to become worth 187,525 million square meter by 2025.
Based on design type, the global refrigerated display case (RDC) glasses market can be bifurcated into single glazed glass and double glazed glass. Among the two, the double glazed glasses, which have a vacuum in between two separate pieces of glass, are way more effective than their single glazed counterparts. As a result, their sales volume is higher and consequently the market share.
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Geographically, the key segments of the global refrigerated display cases (RDC) glasses market are North America, South America, Asia Pacific, Europe, and the Middle East and Africa. Of them, Asia Pacific leads both in terms of volume and CAGR. The TMR report forecasts the market in the region to register a CAGR of 6.2% from 2017 and 2025 to become worth 69.55 billion square meter by 2025.
The growth in the region is being driven by expanding cold chain, food retail industry, strict regulations pertaining to food safety, technologically superior products, and the swift uptake of RDC glasses by mushrooming small and medium stores.
Expanding Food Supply Chain Stokes Market Growth
Refrigerated display cases (RDC) are the cooling equipment used in different industries such as meat, bakery, pharmaceutical, and hospitality. At the forefront of driving growth in the global refrigerated display cases (RDC) market is the demand for storage units on the back of a proliferating food supply chain, dairy and ice cream, seafood, and meat industry. Another factor positively influencing the market is the technological progress leading to more sophisticated refrigeration products.
Emergence of Low-emission and Anti-reflective Coatings Boosts Uptake in Market
“Consumers are seeking energy efficient refrigeration display cases having low-emission coatings which also prevent heat from escaping through doors and display glasses.
They are also opting for anti-reflective glass coatings used to lessen or eliminate the first surface reflection losses and boost light transmission through optical surface by improving the contrast.
In recent times, some of the vendors switched to provide anti-reflective coatings glass and insulating glass units (IGUs) designed to keep refrigeration units cool and efficient so that retailers use less energy and save operating costs.
These glasses create an optimal shopping experience with enhanced light transmission, virtually no reflection and resistance to the scratches,” explains the lead analyst of the report.
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About TMR
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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