Refrigerated Display Cases Market to Grow at CAGR of 9.6% owing to Rise in Number of Retail Stores

2024-11-08 11:24:53 News & Society

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A new Transparency Market Research report states that the global refrigerated display cases market will expand at a CAGR of 9.6% from 2013 to 2019. In 2013, the market stood at US$8,780.3 million and is anticipated to reach US$16,283.4 million by 2019. The title of the report is ?Refrigerated Display Cases Market (Plug-in and Remote) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019? and the report is available for sale on the company website. Refrigerated display cases/cabinets (RDCs) refer to specially designed freezers/refrigerators used to display (and store) items that require cold storage. These are commonly used across companies operating in the food and beverage industry such as supermarkets/hypermarkets, grocery stores, hotels/restaurants and catering businesses, and non-conventional outlets such as gas stations and kiosks/local grocers. Use of RDCs by the biomedical sector for storing specimens or drugs is also gradually picking up. This is largely due to the development of advanced refrigerators with critical temperature control features.

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RDCs are used to preserve/store/display items that are temperature sensitive, or need to be stored frozen or chilled. With intense competition across the retail sector, visibility of products has become an important factor for sales. This has magnified the need for RDCs in the retail sector. Furthermore, retailers are transforming their stores in order to offer an extended product portfolio as part of their strategy to cater to a diversified consumer base.

The report includes segmentation of refrigerated display cases market by product type, product design and geography. Further, it provides current and forecast market size by revenue for the aforementioned categories. Cross sectional analysis for product type, product design and geography segments are also a part of the scope. Factors influencing and inhibiting growth of the market have been analyzed.

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The market overview section of the report demonstrates the market dynamics such as drivers, restraints and opportunities that influence the current status and future status of the market. Impact factors such as Porter?s five forces analysis have also been explained in the market overview section of the report, in order to give a thorough analysis of overall competitive scenario in global refrigerated display cases market.

The report includes segmentation of refrigerated display cases market by product type, product design and geography. Different products include plug-in and remote refrigerated display cases. The market revenue and forecast for each product type has been provided for the period 2011-2019 in terms of USD million, along with the CAGR for the forecast period:2013 to 2019.

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Different types of product design of refrigerated display cases include vertical (front open), horizontal (top-open) and others (hybrid/semi-vertical). A detailed market analysis and forecast for these product designs has been provided in the study, in terms of market revenue in USD million for the period 2011 to 2019. The market revenue has been forecast for the period 2013 to 2019, considering 2012 as the base year.

In terms of geographical distribution, the global refrigerated display cases market has been classified into four regions namely, North America, Europe, Asia-Pacific and Rest of the World (RoW). This section includes market revenue (2011-2019) and forecast (2013-2019) for product types and product designs in each regional market, in terms of USD million. The study further offers recommendations and highlights of the market, which would be useful for the present and new market players to sustain and grow in the global refrigerated display cases market.

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The report concludes with the company profile sections which include key information about the major players in the market. Some of the key players profiled in this report include Metalfrio Solutions S.A., Beverage-Air Corporation, Daikin Industries, Ltd., United Technologies Corporation ? Climate, Controls & Security Unit (Carrier), Dover Corporation, Illinois Tool Works, Inc., Hussmann International, Inc., Lennox International, Inc., AHT Cooling Systems GmbH, Epta S.p.A. and Blue Star Ltd.. This study includes the strategies adopted by these key players to sustain competition. Recent developments by the companies and barriers of the market will help emerging players design their strategies in an effective manner. The study is expected to help key players of the refrigerated display cases market in formulating and developing their strategies.

The global refrigerated display cases market is categorized into the following segments:

Refrigerated display cases Market, by Product Type (refrigeration system)
Plug-in (self-contained)
Remote

Refrigerated display cases Market, by Product Design
Vertical ? Front Open
Horizontal ? Top Open
Others (Hybrid/Semivertical)

Refrigerated display cases Market, by Geography
North America
Europe
Asia-Pacific
Rest of the World

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