Refrigerated Display Cases Market By Type (Plug-in RDC and Remote RDC), By Design (Vertical, Horizontal, and Hybrid & Semi- vertical), Industry Trends, Estimation & Forecast, 2023-2030
Refrigerated Display Cases market was valued at 8.2 billion US$ in 2022 and is projected to reach 12.8 billion US$ by 2030, at a CAGR of 5.8% during the forecast period.
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Market Overview
Refrigerated display cases are also used for storing the articles which are temperature sensitive or require low temperatures for sustaining longer times. It is designed to keep the food item safe. Refrigerated display cases are extensively used by retail stores and food & refreshment industry, such as hypermarkets, supermarkets, general stores, eateries & hotels and non-routine outlets.
Refrigerated Display Cases market was valued at 8.2 billion US$ in 2022 and is projected to reach 12.8 billion US$ by 2030, at a CAGR of 5.8% during the forecast period.
Market Dynamics
Stringent government regulations regarding food safety in stores have driven the adoption of refrigerated display cases, as food contamination is highly unlikely in refrigerated display cases. Various government institutions adopt regulations and monitor storage facilities of retail stores in a bid to restrict public health deterioration. For instance, the U.S. Food and Drug Administration has introduced a new food safety rule under the FDA Food Safety Modernization Act (FSMA) that will help to prevent food contamination during transportation. The rule involved in transporting human and animal food by motor or rail vehicle to follow best practices for sanitary transportation, such as refrigerating food. The refrigerated display cases maintain the freshness of food items through prevention of water loss and lack of bacterial growth. Moreover, High product demand from end-user sectors are key driving factors of the market. However, Rise in online retail shopping might hamper market growth. Change in consumer purchase pattern, where users are increasingly inclined towards the purchase of items through online distribution channels, is a grave area of concern for manufacturers of refrigerated display cases. Online retail stores do not require refrigerated display cases for food storage and transportation of items, making products of the market obsolete in the changing market scenario. Further, Surge in the growth of supermarkets and retail stores would provide lucrative opportunities for the market in the coming years.
Market Segmentation
The global Refrigerated Display Cases market is mainly classified based on Type, Design. Type is further segmented into Plug-in RDC, Remote RDC. By Design the market is divided into Vertical, Horizontal, Hybrid & Semi- vertical.
Plug-in RDC was dominating the global Refrigerated Display Cases market by type in 2019. Plug-in Refrigerated Display Cases offer the flexibility in operations through expanded mobility options and are energy-efficient owing to the combination of compressor and condenser in a single unit. The lower power consumption of Plug-in RDCs, coupled with the adequate size of devices occupying less floor space, would ensure high adoption of end-products in retail stores during the forecast period, resulting in robust growth rate. The continued advancement in refrigeration technology would also propel the product demand, with several convenience stores and small and medium-sized bakery and confectionary stores purchasing the plug-in RDCs to ensure food freshness and safety in consumption.Regional Analysis
Based on geography, the global Refrigerated Display Cases market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.
Europe was dominating the global Refrigerated Display Cases market in 2019. The prevalence of stringent federal regulations concerning food safety and general public well-being by relevant authorities have compelled store owners to follow proper procedures for storage of perishable food items. The manufacturers have seen the implementation of such regulations as opportunities of expansion of product application and extension of the consumer base. The intensive competitiveness between companies to increase their market share for Refrigerated Display Cases is boosting the Europe Refrigerated Display Cases market. For instance, Epta S.p.A., a privately-owned commercial refrigeration company, has purchased Kysor Warren business of Lennox International Inc.
Europe Refrigerated Display Cases market is estimated to growing at a CAGR of 8.8% till 2030.
Competitive landscape
Key players operating in the Refrigerated Display Cases industry include Daikin, Frigoglass, Epta S.p.A. refrigeration, Hoshizaki Corporation, Metalfrio Solutions S.A., Hussmann International, Inc., Dover Corporation, Illinois Tool Works, Inc., ISA Italy S.r.l.
The manufacturers and vendors looking to consolidate business position through the expansion of geographic reach and extension of the consumer base. The companies are focused on new product launch and acquisitions to strengthen business foothold in the market. For instance, on February 25, 2019, Daikin has completed the acquisition of Austrian commercial refrigeration firm AHT Cooling Systems. Daikin has planned to use natural refrigerants in applications where CO2 and propane can be used, such as in the refrigeration and freezer equipment businesses in Europe.
Refrigerated Display Cases Market Key Segments
By Type
• Plug-in RDC
• Remote RDCBy Design
• Vertical
• Horizontal
• Hybrid & Semi- verticalKey Global Refrigerated Display Cases Industry Players
• Daikin
• Frigoglass
• Epta S.p.A. refrigeration
• Hoshizaki Corporation
• Metalfrio Solutions S.A.
• Hussmann International, Inc.
• Dover Corporation
• Illinois Tool Works, Inc.
• ISA Italy S.r.l -
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Table of Content
1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources3. Refrigerated Display Cases Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Stringent government regulations regarding food safety
3.3.2. High product demand from end-user sectors
3.4. Restraints
3.4.1. Rise in online retail shopping
3.5. Opportunity
3.5.1. Surge in the growth of supermarkets and retail stores
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis4. Type Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Plug-in RDC
4.2.1. Market Size & Forecast
4.3. Remote RDC
4.3.1. Market Size & Forecast5. Design Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. Vertical
5.2.1. Market Size & Forecast
5.3. Horizontal
5.3.1. Market Size & Forecast
5.4. Hybrid & Semi- vertical
5.4.1. Market Size & Forecast6. Refrigerated Display Cases Market Regional Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. North America Refrigerated Display Cases Market
6.2.1. North America Market Size & Forecast, By Country
6.2.2. North America Market Size & Forecast, By Type
6.2.3. North America Market Size & Forecast, By Design
6.2.4. The U.S.
6.2.4.1. Market Size and Forecast
6.2.5. Canada
6.2.5.1. Market Size and Forecast
6.2.6. Mexico
6.2.6.1. Market Size and Forecast
6.3. Europe Refrigerated Display Cases Market
6.3.1. Europe Market Size & Forecast, By Country
6.3.2. Europe Market Size & Forecast, By Type
6.3.3. Europe Market Size & Forecast, By Design
6.3.4. Germany
6.3.4.1. Market Size and Forecast
6.3.5. France
6.3.5.1. Market Size and Forecast
6.3.6. UK
6.3.6.1. Market Size and Forecast
6.3.7. Italy
6.3.7.1. Market Size and Forecast
6.3.8. Spain
6.3.8.1. Market Size and Forecast
6.3.9. Rest of Europe
6.3.9.1. Market Size and Forecast
6.4. Asia-Pacific Refrigerated Display Cases Market
6.4.1. Asia-Pacific Market Size & Forecast, By Country
6.4.2. Asia-Pacific Market Size & Forecast, By Type
6.4.3. Asia-Pacific Market Size & Forecast, By Design
6.4.4. Japan
6.4.4.1. Market Size and Forecast
6.4.5. China
6.4.5.1. Market Size and Forecast
6.4.6. Australia
6.4.6.1. Market Size and Forecast
6.4.7. India
6.4.7.1. Market Size and Forecast
6.4.8. South Korea
6.4.8.1. Market Size and Forecast
6.4.9. Rest of Asia-Pacific
6.4.9.1. Market Size and Forecast
6.5. South America Refrigerated Display Cases Market
6.5.1. South America Market Size & Forecast, By Country
6.5.2. South America Market Size & Forecast, By Type
6.5.3. South America Market Size & Forecast, By Design
6.5.4. Brazil
6.5.4.1. Market Size and Forecast
6.5.5. Argentina
6.5.5.1. Market Size and Forecast
6.5.6. Rest of South America
6.5.6.1. Market Size and Forecast
6.6. Middle East & Africa Refrigerated Display Cases Market
6.6.1. Middle East & Africa Market Size & Forecast, By Country
6.6.2. Middle East & Africa Market Size & Forecast, By Type
6.6.3. Middle East & Africa Market Size & Forecast, By Design
6.6.4. GCC Countries
6.6.4.1. Market Size and Forecast
6.6.5. Egypt
6.6.5.1. Market Size and Forecast
6.6.6. South Africa
6.6.6.1. Market Size and Forecast
6.6.7. Rest of Middle East & Africa
6.6.7.1. Market Size and Forecast7. Company Profile
7.1. Daikin
7.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
7.1.2. Daikin Product Category, Application, and Specification
7.1.3. Daikin Financial Performance (2016-2018)
7.1.4. Main Business/Business Overview
7.2. Frigoglass
7.3. Epta S.p.A. refrigeration
7.4. Hoshizaki Corporation
7.5. Metalfrio Solutions S.A.
7.6. Hussmann International, Inc.
7.7. Dover Corporation
7.8. Illinois Tool Works, Inc.
7.9. ISA Italy S.r.l -
What Report Provides?
• Full in-depth analysis of the parent Industry
• Important changes in market and its dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional growth potential
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