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Global Refrigerated Display Cases Strategic Business Report 2023: Strong Demand for Frozen Foods Bodes Well for Refrigerated Display Cabinets in Brick & Motor Retail Outlets

Research and Markets
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Global Market for Refrigerated Display Cases

Global Market for Refrigerated Display Cases
Global Market for Refrigerated Display Cases

Dublin, March 13, 2023 (GLOBE NEWSWIRE) -- The "Refrigerated Display Cases: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Refrigerated Display Cases estimated at US$8.2 Billion in the year 2022, is projected to reach a revised size of US$13.4 Billion by 2030, growing at a CAGR of 6.3% over the analysis period 2022-2030.

Plug-In, one of the segments analyzed in the report, is projected to record 6.8% CAGR and reach US$7.8 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Remote-Operated segment is readjusted to a revised 5.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 9.3% CAGR

The Refrigerated Display Cases market in the U.S. is estimated at US$1.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2030 trailing a CAGR of 9.3% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 4.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.

Select Competitors (Total 175 Featured) -

  • AFINOX Srl

  • Ahmet Yar Sogutma Sanayi Ve Ticaret AS

  • AHT Cooling Systems GmbH

  • AJ Baker & Sons Pty Ltd.

  • ARNEG SpA

  • Beverage-Air Corporation

  • Colcab (Pty) Ltd.

  • ColdKit

  • Epta SpA

  • Hill PHOENIX, Inc.

  • Hoshizaki America

  • Hussmann Corporation

  • Ian Boer Refrigeration Pty Ltd

  • IARP SpA

  • ISA SpA

  • Koxka Technologies SL

  • Lennox International, Inc.

  • Nakano Refrigerators Co., Ltd

  • Shandong Xiaoya Retail Equipment Co., Ltd.

  • Carrier Kaltetechnik Deutschland GmbH

  • Vestfrost A/S

  • Viessmann Limited

  • Williams Refrigeration

  • Zero Zone, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

  • Global competitiveness and key competitor percentage market shares

  • Market presence across multiple geographies - Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and Research Platform

  • Complimentary updates for one year

Key Attributes:

Report Attribute

Details

No. of Pages

512

Forecast Period

2022 - 2030

Estimated Market Value (USD) in 2022

$8.2 Billion

Forecasted Market Value (USD) by 2030

$13.4 Billion

Compound Annual Growth Rate

6.3%

Regions Covered

Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Refrigerated Display Cases - Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • In the Modern Visually Stimulated World, Good Display of Merchandise Rises in Importance

  • Year 2020 Has Been a Year of Astounding Disruption & Unbelievable Transformation

  • COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021

  • The First Vaccines Are Here! Will It Change the Existing Economic Realities? & Is it Really the Silver Bullet We Were Waiting For?

  • How Fast the World is Vaccinated Will Determine How Soon the Pandemic Will End: COVID-19 Vaccines In Millions of Annual Doses For Years 2020 Through 2025

  • How Food Retailing Is Impacted by the Pandemic & What's the New Normal?

  • Digital Grocery Alternatives Solely Responsible for the Growth Seen in the Year 2020

  • Global Food & Beverage Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025

  • Food Supermarkets Bear the Brunt of COVID-19 Disruptions

  • Global Food Supermarkets Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025

  • Food Services Witness a Mixed Bag of Opportunities & Challenges

  • Global Food Services Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025

  • Refrigerated Display Cases (RDCs): Definition, Scope & Types

  • Recent Market Activity

  • Innovations

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Digital Grocery & Online Food Orders Accelerated by the Pandemic Comes as a Big Setback for the RDCs Market

  • Rise in Online Grocery and Food Ordering to Reduce Role of RDCs as Grocery & Cloud Kitchens Turn to Warehousing Styled Refrigerated Cabinets: Global Online Food Delivery Services Market Size (in US$ Billion) for 2019, 2021, 2023 & 2025

  • Led by Growing Population & Nutrition Needs, Global Food Industry to Offer Broad Based Opportunities for RDCs in Chilled & Frozen Foods Retailing

  • Growing Population Pushes up Demand for Food and Beverage Products: World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100

  • Growing Opportunity Offered by Increased Spending on Food & Beverage to Benefit Demand for RDCs: Global Average Food and Beverage Revenue Per Capita (In US$ Million) for Years 2020, 2022, 2024 & 2026

  • Global Food Consumption (In Million Kilograms) for Years 2020, 2022, 2024 & 2026

  • Strong Demand for Frozen Foods Bodes Well for Refrigerated Display Cabinets in Brick & Motor Retail Outlets

  • COVID-19 Sets the Stage for Frozen Food Consumption. Here's Why

  • Global Opportunity for Frozen Foods by Type (In US$ Billion) for Years 2020, 2022, 2024, 2026

  • With Over 26% Share in Frozen Foods, Rising Meat Consumption Bodes Well for RDCs in Meat Retailing

  • Robust Demand for Protein Rich Diets to Drive Demand for RDCs in the Meat Section of Supermarkets: Global Average Per Capita Consumption of Meat & Seafood (In Kgs) for Years 2020, 2022, 2024 & 2026

  • Robust Demand for Bakery Products to Benefit Demand For RDCs in the Post COVID-19 Period

  • Growing Investments in Food Retailing to Benefit Growth in the Market

  • Store Remodelling to Create Replacement Opportunities for RDCs

  • With Offline Retail Dominating the Food Industry, RDCs Market Although Severely Impacted by COVID-19 Will Also Attract New Upgrade Investments in the Post COVID Period: % Share of Offline & Online Retail Channels in the Global Food Industry for the Year 2020

  • No Contact Micro Market Food Retailing to Emerge as a Major Trend Post Pandemic, Driving Opportunities for RDCs

  • Food Safety for Retail Stories: A Major Factor Driving Demand Growth

  • A Peek Into Technology Innovations Making Waves in the Market

  • Development of RDCs With IoT Features & Functions Gains Momentum

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/qrcn5q

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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