Refrigerated Display Cases Market Size, Share, Industry Trends and Forecast to 2030

Refrigerated Display Cases Market Size & CAGR

The global refrigerated display cases market size was valued at USD 12.5 billion in 2023, with a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period from 2023 to 2030. The market is projected to reach USD 18.9 billion by 2030, driven by the increasing demand for perishable food products, rising consumer awareness about food safety and hygiene, and the growing retail sector.

COVID-19 Impact on the Refrigerated Display Cases Market

The COVID-19 pandemic had a significant impact on the refrigerated display cases market globally. As lockdowns were imposed and economic activities were restricted, the demand for refrigerated display cases decreased initially. However, the market witnessed a gradual recovery as businesses adapted to the new normal by implementing safety measures and hygiene protocols. The pandemic highlighted the importance of efficient refrigeration systems in maintaining the quality and safety of perishable products, leading to increased investments in refrigerated display cases.

Refrigerated Display Cases Market Dynamics

The refrigerated display cases market is driven by factors such as the expansion of the retail sector, the growing demand for frozen and chilled food products, and increasing consumer preference for fresh and healthy food items. Technological advancements in refrigeration systems, energy efficiency regulations, and the focus on sustainability are also influencing market dynamics. However, challenges such as high initial investment costs, maintenance requirements, and environmental concerns regarding refrigerants pose constraints to market growth.

Segments and Related Analysis of the Refrigerated Display Cases Market

The refrigerated display cases market can be segmented based on technology, product type, application, and end-user. By technology, the market is categorized into plug-in refrigeration, remote refrigeration, and self-contained refrigeration. Product types include vertical refrigerated display cases, horizontal refrigerated display cases, and others. Applications of refrigerated display cases include supermarkets, convenience stores, specialty stores, and others. End-users of these cases are predominantly in the food and beverage industry, healthcare sector, and retail outlets.

Refrigerated Display Cases Market Analysis Report by Region

Asia Pacific Refrigerated Display Cases Market Report

The refrigerated display cases market in the Asia Pacific region is experiencing significant growth due to the expanding retail sector, changing consumer preferences, and the increasing adoption of food safety standards. Countries like China, India, Japan, and Australia are key markets for refrigerated display cases, with a focus on energy-efficient solutions and sustainable refrigeration technologies.

South America Refrigerated Display Cases Market Report

In South America, the refrigerated display cases market is driven by the growth of supermarkets, hypermarkets, and convenience stores. Brazil, Argentina, and Chile are prominent markets in the region, with a rising demand for frozen and refrigerated food products. The market is characterized by increasing investments in infrastructure and technological advancements in refrigeration systems.

North America Refrigerated Display Cases Market Report

North America is a mature market for refrigerated display cases, with the United States leading in terms of market share. The region is witnessing a shift towards sustainable refrigeration solutions, with a focus on reducing environmental impact. Key players in the market are investing in innovation and product development to cater to the evolving consumer preferences and stringent regulations related to food safety and quality.

Europe Refrigerated Display Cases Market Report

Europe is a prominent market for refrigerated display cases, driven by the growing demand for fresh and healthy food products. Countries like Germany, France, the UK, and Italy are key contributors to market growth. The region is witnessing a trend towards energy-efficient refrigeration systems, expansion of retail chains, and an increasing focus on sustainable practices in the food industry.

Middle East and Africa Refrigerated Display Cases Market Report

The Middle East and Africa region are experiencing steady growth in the refrigerated display cases market, fueled by the expanding food and beverage sector, urbanization, and changing consumer lifestyles. Countries like Saudi Arabia, UAE, and South Africa are witnessing a rise in demand for refrigerated display cases in supermarkets, hotels, and foodservice establishments. The market is characterized by investments in infrastructure development and technological advancements in refrigeration technology.

Refrigerated Display Cases Market Analysis Report by Technology

The refrigerated display cases market can be analyzed based on technology, including plug-in refrigeration, remote refrigeration, and self-contained refrigeration systems. Plug-in refrigeration systems are commonly used in supermarkets and convenience stores, offering flexibility and ease of installation. Remote refrigeration systems are preferred for large retail outlets and hypermarkets, providing centralized cooling solutions. Self-contained refrigeration systems are compact and versatile, suitable for small businesses and specialty stores.

Refrigerated Display Cases Market Analysis Report by Product

Product analysis of the refrigerated display cases market includes vertical refrigerated display cases, horizontal refrigerated display cases, and specialized display cases for specific applications. Vertical display cases are commonly used for beverages and dairy products, offering maximum visibility and storage capacity. Horizontal display cases are ideal for meats, frozen foods, and deli items, providing easy access and efficient organization. Specialized display cases cater to specific food categories like bakery, fruits, and vegetables, offering customized solutions for different retail environments.

Refrigerated Display Cases Market Analysis Report by Application

The application analysis of the refrigerated display cases market encompasses supermarkets, convenience stores, specialty stores, and foodservice establishments. Supermarkets are the largest consumers of refrigerated display cases, offering a wide range of perishable products to customers. Convenience stores require compact and energy-efficient display cases for quick access to chilled and frozen items. Specialty stores focus on premium and niche products, requiring customized display solutions. Foodservice establishments like restaurants and hotels use refrigerated display cases for storing and showcasing prepared food items.

Refrigerated Display Cases Market Analysis Report by End-User

End-user analysis of the refrigerated display cases market includes the food and beverage industry, healthcare sector, retail outlets, and other commercial establishments. The food and beverage industry is the primary user of refrigerated display cases, utilizing them for storing and merchandising perishable products. Healthcare facilities use refrigerated display cases for storing medications, vaccines, and sensitive medical supplies. Retail outlets like supermarkets and convenience stores rely on display cases to showcase fresh food items and attract customers. Other commercial establishments such as hotels, bakeries, and cafes use refrigerated display cases for presenting specialty products and maintaining product integrity.

Key Growth Drivers and Key Market Players of Refrigerated Display Cases Market

Key growth drivers of the refrigerated display cases market include the increasing demand for fresh and healthy food products, stringent regulations regarding food safety and quality, and technological advancements in refrigeration systems. Key market players operating in the refrigerated display cases market include:

• Carrier Commercial Refrigeration
• Hussmann Corporation
• Frigoglass SAIC
• Arneg SPA
• AHUJA Refrigeration Industries
• Metalfrio Solutions SA

Refrigerated Display Cases Market Trends and Future Forecast

The refrigerated display cases market is witnessing trends such as the adoption of energy-efficient cooling systems, the integration of smart technologies for monitoring and control, and the development of sustainable refrigeration solutions. Future forecasts indicate a growing focus on environmental sustainability, innovative product designs, and customized solutions to meet the evolving needs of the retail sector.

Recent Happenings in the Refrigerated Display Cases Market

1. Carrier Commercial Refrigeration launched a new line of energy-efficient display cases with advanced temperature control features. 2. Hussmann Corporation introduced a range of modular refrigeration systems for supermarkets and convenience stores, focusing on space optimization and energy savings. 3. Frigoglass SAIC collaborated with a leading food retail chain to install customized refrigerated display cases with interactive digital signage capabilities, enhancing the customer shopping experience. 4. Arneg SPA developed a series of eco-friendly refrigerated display cases with natural refrigerants and energy-saving features for sustainable cooling solutions. 5. AHUJA Refrigeration Industries expanded its footprint in the Middle East market by supplying innovative refrigerated display cases to major retail chains in the region. 6. Metalfrio Solutions SA launched a mobile app for remote monitoring and maintenance of refrigerated display cases, providing real-time data insights and predictive maintenance capabilities.