Global Refrigerated Display Cases Market Segments: by Product Type (Remote Refrigerated Display and Plug in Refrigerated Display); by Product Design Type (Customized, Vertical, Horizontal, Hybrid/Semi-Vertical) and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030
Global Refrigerated Display Cases Market Segments: by Product Type (Remote Refrigerated Display and Plug in Refrigerated Display); by Product Design Type (Customized, Vertical, Horizontal, Hybrid/Semi-Vertical) and Region – Global Analysis of Market Size, Share & Trends for 2019 – 2020 and Forecasts to 2030
Product Overview
Refrigerated displays Market are commercial cooling devices used in retail outlets of food & beverages including bakeries, dairy shop, supermarkets, and food service providers such as hotels, restaurants, and cafés. The cases are optimal for products which are fresh at a controlled temperature. These display boxes are available in retail outlets. They include glass door food and drink goods, bakery show merchandise, display goods, open display products, multi-deck display case, countertop display cases, island cases, and wall-sited cases. They are available for drinking and fresh goods.
Market Highlights
Global Refrigerated Display Cases Market is expected to project a notable CAGR of 8.87% in 2030.
Global Refrigerated Display Cases market to surpass USD XXXX million by 2030 from USD XXXX million in 2020 at a CAGR of 8.87% in the coming years, i.e., 2021-30. A growing product innovation and changing technological trends and consumer tastes lead to a growth in new aspects and experimentation are seen in the worldwide refrigerated display case market. Retail is currently competing with e-commerce to gain a bigger part of the share for chilled foods with the implementation of RFID technology guarantees major market growth. The increased demand for cooled food and increased focus on quality are anticipated to push significant market growth as main drivers of economic growth during the time frame of forecast.
Global Refrigerated Display Cases Market: Segments
Customized segment to grow with the highest CAGR during 2020-30
Global Refrigerated Display Cases Market is segmented by product design Type into Customized, Vertical, Horizontal, Hybrid/Semi-Vertical. During the projected timeline, Customized is expected to have the highest market share. One of the notable trends in the refrigerated display case market is the adaptation of fascinating display boxes. Retailers are more likely to adapt refrigerated display cases to certain customer requirements and space available. This trend is projected to remain predominant for medium and large retail stores in global refrigerated displays.
Plug in Refrigerated Display Market segment to grow with the highest CAGR during 2020-30
Global Refrigerated Display Cases Market is divided by product type into Remote Refrigerated Display and Plug in Refrigerated Display. As for value, more than half of the market share of the plug-in device subsection will be reported in the global cooling display market by the end of 2020. More important factors that drive demand for refrigerated displays are low-cost range, easy maintenance, and easy use of plug-in displays.
Global Refrigerated Display Cases Market: Market Dynamics
Drivers
Advancement in Research and development
Ongoing research and development of RDC technologies has generated increased demand in energy-efficient refrigerated products from the commercial food services industries. The growth of the cooling display market is driven primarily by increasing compliance requirements and rising food safety issues. As technological developments take place, prominent brands develop energy-efficient RDCs in various different kinds and designs to meet the growing demands of the commercial food industry.
Demand in a food market
Growth in food and beverage is expected to be driven by increased disposable revenues and changing spending patterns in the economy. In addition, demand for refrigeration towers due to food security is increasing and concerns about hygiene are growing. The demand for desirable displays and new technologies, including 3D printing on the market, are also increasing. The market potential of the food and drink sector's growth in 2020-2030 remains the most compelling.
Restraint
Lack of awareness
In less-developed regions little consciousness and limited acceptance are some factors impeding the growth of refrigerated displays on the market.
Global Refrigerated Display Cases Market: Key Players
Epta S.p.a Refrigeration
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
S.A, Lennox International
Dover Corporation
Illinois Tool Works Inc.
Hussmann Corporation
AHT Cooling Systems GmbH
Frigoglass S.A.I.C
Hoshizaki International
ISA Italy S.r.l
Verco Limited
Other Prominent Players
Global Refrigerated Display Cases Market: Regions
Global Refrigerated Display Cases Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa.
During the projected timeline, North America ought to have the highest share in the total market for Refrigerated Display Cases. North America will probably continue as retailers make more room for food and drink. Demand for cooled foods continues to expand due to increasing demand in the market for healthy foods and varieties. In addition, it is anticipated, in the developing Asian Pacific region, where countries such as India and China are experiencing a shift in trends and appealing retail growth for people in the refrigeration display market.
Global Refrigerated Display Cases Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Global Refrigerated Display Cases Market report also contains analysis on:
Refrigerated Display Cases Market Segments:
By End user vertical:
Media & Entertainment
BFSI
E-Commerce
Hospitality Type
By Application
Peer-to-Peer Payment
Retail
Trading
Remittance
Ecommerce
Payment
Refrigerated Display Cases Market Dynamics
Refrigerated Display Cases Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Contents
1. Executive Summary
2. Global Refrigerated Display Cases Market
1. Product Overview
2. Market Definition
3. Segmentation
4. Assumptions and Acronyms
3. Research Methodology
1. Research Objectives
2. Primary Research
3. Secondary Research
4. Forecast Model
5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
1. Growth Drivers
2. Restraints
3. Opportunity
4. Trends
7. Correlation & Regression Analysis
1. Correlation Matrix
2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
1. Demand Risk Analysis
2. Supply Risk Analysis
10. Global Refrigerated Display Cases Market Analysis
1. Porters Five Forces
1. Threat of New Entrants
2. Bargaining Power of Suppliers
3. Threat of Substitutes
4. Rivalry
2. PEST Analysis
1. Political
2. Economic
3. Social
4. Technological
11. Global Refrigerated Display Cases Market
1. Market Size & forecast, 2020A-2030F
1. By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By Volume (Million Units) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
12. Global Refrigerated Display Cases Market: Market Segmentation
1. By Regions
1. North America:(U.S. and Canada), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. By product type: Market Share (2020-2030F)
1. Remote Refrigerated Display, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Plug in Refrigerated Display, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. By product design Type : Market Share (2020-2030F)
1. Customized, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
2. Vertical, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030F
3. Horizontal, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030
4. Hybrid/Semi-Vertical, By Value (USD Million) 2020-2030F; Y-o-Y Growth (%) 2021-2030
Company Profile
1. Epta S.p.a Refrigeration
1. Company Overview
2. Company Total Revenue (Financials)
3. Market Potential
4. Global Presence
5. Key Performance Indicators
6. SWOT Analysis
7. Product Launch
2. S.A, Lennox International
3. Dover Corporation
4. Illinois Tool Works Inc.
5. Hussmann Corporation
6. AHT Cooling Systems GmbH
7. Frigoglass S.A.I.C
8. Hoshizaki International
9. ISA Italy S.r.l
10. Verco Limited
11. Other Prominent Players
Consultant Recommendation
**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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