Global Refrigerated Display Cases Market Insights Forecasts to 2033

• The Global Refrigerated Display Cases Market Size was Valued at USD 8.65 Billion in 2023
• The Market Size is Growing at a CAGR of 5.10% from 2023 to 2033
• The Worldwide Refrigerated Display Cases Market Size is Expected to Reach USD 14.23 Billion by 2033
• Asia-Pacific is expected to Grow the fastest during the forecast period

The Global Refrigerated Display Cases Market Size is Anticipated to Exceed USD 14.23 Billion by 2033, Growing at a CAGR of 5.10% from 2023 to 2033.

Market Overview

Refrigerated display cases are mainly used in retail stores and the food & refreshment industry. Some examples are general stores/hypermarkets, supermarkets, entries and hotels, and routine outlets. The increasing popularity of convenience foods and customers' busy lifestyles are driving up demand for frozen and chilled food products. Refrigerated display racks are necessary for keeping and presenting frozen and chilled foods in a safe and sanitary environment. It helps to attract customers through attractive visual displays of food products, chilled and frozen foods. Refrigerated display cases are cabinets with glass tops that hold products that require cooling or preservation. Also, refrigerated display cases are used to keep and exhibit food items such as fruits, vegetables, meat, and seafood. Refrigerator display cases can be powered by electricity, gas, kerosene, or propane. It regulates temperature to preserve food products. It has been used in the retail industry, especially in food retail, to showcase frozen and chilled food and beverages while keeping them fresh for a longer time. Refrigerated display cases in grocery stores showcase and preserve perishable food items, ensuring freshness and safety. Equipped with temperature controls, insulation, and transparent doors, they maintain the optimal temperature for fresh produce, dairy, meats, and beverages. Modern refrigerated display cases utilize energy-saving technologies like LED lighting and advanced materials to minimize environmental impact and operational costs.

Report Coverage

This research report categorizes the market for the global refrigerated display cases market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global refrigerated display cases market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global refrigerated display cases market.

Driving Factors

Increasing regulatory compliances and rising concerns regarding food safety are driving the refrigerated display case market expansion during the forecast period. Commonly food services that involve hotels, restaurants, and caterers are increasing the demand driver for display cabinets for different types of food and beverages. Increasing and changing consumption patterns to boost the market. Continuous advances in technology that enable system updates and enhancements are another element driving the refrigerated display cases market forward. Government-imposed stronger food safety regulations in emerging countries have increased refrigerated display case sales, pushing the market to focus on low-cost deli cases to enter these markets. The refrigerated display cases market is expanding due to increasing convenience in food and beverage processing, demand for healthy, fresh, and hygienic food, and changing consumer preferences and high spending power. Hence, these factors are significant growth of the global refrigerated displays cases markets during the forecast period.

Restraining Factors

Low awareness and limited adoption in undeveloped regions are the major factors restraining the growth of the global refrigerated display cases market during the forecast period. High cost & high energy consumption and increasing environmental concerns of refrigerated displays cases market. Hence, these factors may hamper the market growth of the global refrigerated display cases market during the forecast period.

Market Segmentation

The global refrigerated display cases market share is classified into type, design, application, and end-users.

• The plug-in segment is expected to hold the largest share of the global refrigerated display cases market during the forecast period.

Based on the type, the global refrigerated display cases market is divided into plug-in, semi plug-in, and remote. Among these, the plug-in segment is expected to hold the largest share of the global refrigerated display cases market during the forecast period. The segmental growth can be attributed to energy efficiency, convenience in installation, and versatility in placement within stores. These plug-in customers are widely used in supermarkets, convenience stores, and retail stores. Their popularity grows from their ability to increase product visibility, encourage impulse purchases, and provide rapid access to customers.

• The vertical segment is expected to hold the largest share of the global refrigerated display cases market during the forecast period.    

Based on the design, the global refrigerated display cases market is divided into vertical, horizontal, and hybrid. Among these, the vertical segment is expected to hold the largest share of the global refrigerated display cases market during the forecast period. The growth can be attributable to the vertical refrigerated display cases are gaining popularity because they are easy to transport and require little maintenance. With advancements in product lines, implementation of LED lighting, and frost-free glasses, this visual case offers enhanced visual appeal towards that stored food item.

• The retail stores segment is expected to hold the largest share of the global refrigerated display cases market during the forecast period.

Based on the application, the global refrigerated display cases market is divided into retail stores, restaurants & hotels, and others. Among these, the retail stores is expected to hold the largest share of the global refrigerated display cases market during the forecast period. The segmental growth can be attributed refrigerated display cases are utilized in retail businesses such as supermarkets/hypermarkets, grocery stores, bakeries, and others to store and display chilled and frozen foods and beverages. Increasing the investments in the expansion of retail stores is expected to boost segmental growth during the forecast period.

• The supermarket segment is expected to hold the largest share of the global refrigerated display cases market during the forecast period.

Based on the end-users, the global refrigerated display cases market is divided into supermarkets and convenience stores. Among these, the supermarkets is expected to hold the largest share of the global refrigerated display cases market during the forecast period. The segmental growth can be attributed to supermarkets constantly updating their equipment to satisfy increasing demand, attracting international investors, and driving market expansion.

Regional Segment Analysis of the Global Refrigerated Display Cases Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• Latin America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

Europe is anticipated to hold the largest share of the global refrigerated display cases market over the predicted timeframe.

Europe is anticipated to hold the largest share of the global refrigerated display cases market over the predicted timeframe. The increasing demand for home appliance goods has increased with the increase in disposable incomes. The increase in per capita income and demand for packaged food goods are the primary factors driving the refrigerated display case industry in European countries. The existence of a developed food and beverage retail industry. Europe's established food and beverage retail sector fuels demand for refrigerated display cases in the region.

Asia-Pacific is expected to grow at the fastest pace in the global refrigerated display cases market during the forecast period. The refrigeration storage industry in Asia-Pacific has grown significantly, which is projected to fuel the global RDC market. RDC devices are commonly utilized in supermarkets and hypermarkets to ensure food storage and safety. RDCs are used in the biomedical industry for flower preservation, as well as in corner food stores to address growing concerns about product safety and controlling temperatures.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global refrigerated display cases market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of overall competition within the market.

List of Key Companies

• Lennox International
• Daikin Industries, Ltd.
• EPTA S.P.A Refrigeration
• Hoshizaki International
• Arneg S.P.A
• Illinois Tool Works Inc.
• Danfoss A/S
• Hussmann Corporation
• Carrier Corporation
• aht cooling systems gmbh
• Metalfrio Solutions S.A.
• Haier Group
• Verco Limited
• Frigoglass S.A.I.C.
• Dover Corporation
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In September 2022, Lennox International announced the leader in energy-efficient climates-control solutions, to sell business commercial HVAC and refrigerator businesses, which headquarters are in Lyon, France to funds managed by syntagma capital.

• In June 2022, Carrier Corporation commercial refrigeration launched the new easy cube, which is highly energy efficient with electronic controls and an integrated temperature display. It has automatic defrost and drip water evaporation and can be set to operate between 3M1 and 3L1 temperatures.

• In January 2023, Beverage-Air Corporation, a leading supplier of chilled display cases, has announced the launch of a new line of energy-efficient cases.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global refrigerated display cases market based on the below-mentioned segments:  

Global Refrigerated Display Cases Market, By Type

• Plug-In
• Semi Plug-In
• Remote

Global Refrigerated Display Cases Market, By Design

• Vertical
• Horizontal
• Hybrid

Global Refrigerated Display Cases Market, By Application

• Retail Stores
• Restaurants & Hotels
• Others

Global Refrigerated Display Cases Market, By End-Users

• Supermarkets
• convenience stores

Global Refrigerated Display Cases Market, By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa