The refrigerated display case market size expects a significant bump in its value, from USD 10,034.30 million in 2024 to USD 17,633.71 million by 2034. The updated report points to a CAGR of 5.80% CAGR from 2024 to 2034. That is a noteworthy improvement from the previous CAGR of 1.73% observed between 2019 and 2023.
The growth is due to the budding concern that customers have for the environment and the value of energy efficiency. The sector is thereby seeing a push in the right direction toward sustainability. Long-term benefits can be accessed by stakeholders. The emphasis on energy saving is signaling a positive prognosis for the sector.
Attributes | Details |
---|---|
Refrigerated Display Case Market Size, 2023 | USD 9,552.30 million |
Market Size, 2024 | USD 10,034.30 million |
Market Size, 2034 | USD 17,633.71 million |
Value CAGR (2024 to 2034) | 5.80% |
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Energy-efficiency and Sustainable are the Present Themes in this Market
Manufacturers are crafting refrigerated showcases that are better for the environment. They use LED lights, better compressors, and thick insulation for this purpose. This helps them to cut down on energy use and costs. They are also resorting to more environmentally friendly materials and coolants.
It's all about going green and being mindful of our planet's health. There is also a preference for sustainable materials. Consumers and businesses are asking for equipment made from materials that come with no harm and create no harm when disposed of.
Improvements in insulations and other features support these goals. For instance, AHT launched propane-based refrigerated cabinets (R290) in October 2023. The new KALEA units have an energy consumption range from class B to D. This depends on their model and configuration options. These new units have set energy efficiency, sustainability, and design standards.
Food Service Industry is Booming Because People are Changing their Dining Habits
The food industry is buzzing these days, with cafes, restaurants, and bakeries all hopping because people are changing their eating habits. These places are about showing off their mouthwatering food options in those refrigerated open display cases to lure in customers.
With more consumers opting to dine out, the demand for refrigerated display cases is shooting up, driving the market forward. Plus, as cafes and restaurants strive to set themselves apart and create memorable dining experiences, they're splurging on top-notch display cases, further fueling market growth.
New Warehouses and Production Factories Emerge Globally
As more people crave fresh foods like dairy, meat, seafood, and produce, companies selling commercial refrigerated display cases need bigger warehouses. This lets those stock more deli cases or beverage coolers to meet different store needs. Various food options make businesses more competitive and help build better relationships with customers looking for all-in-one refrigeration solutions.
With the market growing, they might need even more space to keep up with demand. For instance, in March 2023, Blue Star announced the expansion of its manufacturing facilities for refrigerated display cases in Dadra and Sri City. On the other hand, AHT Cooling Systems GmbH launched a new factory in China in February 2023. The new pop ups can boost revenues in the industry.
Segment | Remote (Type) |
---|---|
Value Share (2024) | 63.00% |
Remote type segment holds the top refrigerated display case market shares in 2024. Remote type display cases keep stores cooler and quieter, making shopping more comfortable.
These systems use fancy tech to save energy and lower costs, while also making sure everything stays compliant with environmental rules. They're flexible too, letting retailers adjust easily to changes and even predict when maintenance is needed. This helps in operational savings, which aids demand.
Segment | Vertical (Design) |
---|---|
Value Share (2024) | 63.80% |
Vertical refrigerator display cases are great because they save space by using up and down rooms instead of spreading out. This means shops can show more stuff without taking up lots of floor space.
Plus, they're easy to adjust to fit different-sized products, so shops can display all sorts of things like drinks, sandwiches, and desserts. These refrigerated showcases also keep everything at the right temperature and look modern. Overall, they're a smart choice for shops to show off their products and make shopping easier for customers.
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Countries | Value CAGR (2024 to 2034) |
---|---|
United States | 1.30% |
Germany | 1.40% |
Japan | 9.90% |
China | 6.50% |
India | 6.10% |
Demand for refrigerated display cases in the United States to surge at a 1.30% CAGR through 2034. American people want healthier and more convenient food options. That's why stores and restaurants are getting more refrigerated deli cases to show off fresh foods and special items. These cases also make sure the food stays safe and at the right temperature.
New technology is making these cases smarter and using less energy. Also, more people are shopping online in the United States. So, businesses are buying commercial refrigerated display cases that keep food fresh. It's all about making sure consumers get what they want, whether they're shopping in the store or online.
Sales of refrigerated display cases in Germany to increase at a 1.40% CAGR until 2034. In Germany, businesses are centering on eco-friendly refrigerated display cases to follow strict rules and adhere to green mandates. They are using tech like RFID and blockchain to make sure food is safe and traceable. Also, with more people living in cities, smaller stores are popping up, asking for compact displays.
Individuals in Germany love their fresh, extravagant foods, so displays are made to show off these products in style. Stores are also using digital screens and mobile technologies to get customers involved. Lastly, they're working hard to cut down on food waste, making displays that help keep food fresh for longer.
The refrigerated display case market growth in Japan is assessed at a 9.90% CAGR till 2034. In Japan, stores are getting smaller because there isn't much space in big cities. So, they're using these special cases that are compact but showcase a lot of products. Japanese people really care about having fresh and good-quality food, so stores are making sure the refrigerated showcases keep food fresh and look nice.
As more older people and single-person households are shopping, stores are offering smaller portions and ready-made meals. The government is also making sure that the food is safe by requiring special features in the display cases. Overall, stores in Japan are focusing on making shopping easy, fun, and safe for everyone.
Refrigerated display case demand in China to rise at a 6.50% CAGR until 2034. In China, as cities grow bigger and more people shop in modern stores, there's a vast demand for refrigerated display cases. Chinese people care a lot about food safety, so businesses are making sure these cases meet high standards.
The government is also helping by encouraging companies to invest in better storage and transport for food. Also, with more people wanting swanky imported foods, stores are getting fancier display cases to show them off.
Refrigerated display case sales in India to amplify at a 6.10% CAGR through 2034. In India, more big shops are popping up in cities because people there are earning more and want to buy things from nice, organized stores.
People want their food to be safe and easy to get, so stores are getting special fridges that are clean and save energy. And since everyone cares about the environment, companies are making refrigerated display cabinets that don't use too much energy and are good for the planet.
In the refrigerated display case market, top companies like Hussmann Corporation, Carrier Corporation, Danfoss A/S, Haier Group, Dover Corporation, and others are competing against each other. They're all trying to come up with better and more efficient technologies to embed these display cases. They focus on making products that use less energy and are customizable.
Recent Developments
The market is valued at USD 10,034.30 million in 2024.
The refrigerated display case industry size is estimated to increase at a 5.80% CAGR through 2034.
The refrigerated display case industry is expected to be worth USD 17,633.71 million by 2034.
Vertical design is highly preferred in the market.
The market in Japan is predicted to expand at a 9.90% CAGR through 2034.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type 5.1. Plug-In Refrigerated Display Cases 5.2. Semi Plug-In Refrigerated Display Cases 5.3. Remote Refrigerated Display Cases 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Design 6.1. Vertical Refrigerated Display Cases 6.2. Horizontal Refrigerated Display Cases 6.3. Hybrid Refrigerated Display Cases 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use 7.1. Food Service Sector 7.1.1. Quick Service Restaurants 7.1.2. Bakeries 7.1.3. Hotels 7.1.4. Others 7.2. Retail Food & Beverage Sector 7.2.1. Fuel Station Stores 7.2.2. Hypermarkets 7.2.3. Supermarkets 7.2.4. Discount Stores 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Carrier Corporation 18.2. Danfoss A/S 18.3. Frigoglass SAIC 18.4. Epta S.p.a. Refrigeration 18.5. Dover Corporation 18.6. Haier Group 18.7. Arneg S.p.A 18.8. Illinois Tool Works 18.9. Daikin Industries, Ltd. 18.10. Fagor Industrial 19. Assumptions & Acronyms Used 20. Research Methodology
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