Refrigerated Display Cases Market by Type (Plug-in RDC, Remote RDC), by Product Design (Vertical, Horizontal, Hybrid & semi-hybrid), Industry Trends, Estimation & Forecast, 2016 - 2024

September 2017

 Pages: 153

 ERC 9045

Refrigerated Display Cases Market was valued at $12.10 billion in 2016, and is projected to reach $25.43 billion by 2024, having a CAGR of 9.8% during the forecast period of 2017 to 2024. In 2016, the Plug-in RDC segment generated the highest revenue share in the global refrigerated display cases market.

Typically designed freezers and refrigerators for the presentation and display of articles such as confectionary items and food articles are called as Refrigerated display cases or RDCs. RDCs are also used for storing the articles which are temperature sensitive or require low temperatures for sustaining longer times. Refrigerated display cases are extensively used in retail stores and food & refreshment industry, such as general stores, hypermarkets, supermarkets, eateries & hotels and non-routine outlets. Moreover, these RDCs help a lot in enticing the random customers through an attractive display of articles.

Market Determinants

With the advancement of technology, there has been a constant rise in awareness regarding food quality. Moreover, stringent government regulations regarding food safety, owing to emerging cases of food generated disease outbreaks, has led various bakeries and food article vendors to mandate the use of refrigerated display cases which are hygienic and safe. In addition to this, changing lifestyle and increasing disposable income is leading more and more people to spend for lavish food out in malls and exotic restaurants. Refrigerated display cases put forward an option for the customers to select the required article they need without killing any unnecessary time. On the other hand, a rapidly growing tendency for using online retail market and lack of awareness regarding refrigerated display cases might act as an impeding factor agents for the growth of the RDC market. In addition to this, environmental concerns regarding CFC emissions from refrigerating units can also restrain the market growth. However, surging growth of supermarkets, malls, ice-cream parlors and hypermarkets will provide a huge platform for the growth of RDC market.

REFRIGERATED DISPLAY CASES MARKET DETERMINANTS IMPACT ANALYSIS – 2016 VS. 24

refrigerated display cases market

 

Segment Analysis

The global refrigerated display cases market is done on the basis of type, product design and geography. On the basis of type, the market is categorized as Plug-in RDC and Remote RDC. By product design, the market is categorized as vertical, horizontal and hybrid & semi-hybrid. Geographically, the market is bifurcated into North America, Europe, Asia-Pacific and Rest of World. European market will lead the world RDC market, accounting for nearly 1/3rd of the overall market revenue in 2016.

REFRIGERATED DISPLAY CASES MARKET BY PRODUCT TYPE, 2016-2024

rdc market by product type

REFRIGERATED DISPLAY CASE MARKET SEGMENTATION

By Type

• Plug-in RDC
• Remote RDC

By Product Design

• Vertical
• Horizontal
• Hybrid & semi-hybrid

By Geography

• North America
• Europe
• APAC
• ROW

 KEY MARKET PLAYERS

• AHT Cooling Systems Gmbh
• Verco Limited
• Frigoglass
• Epta S.p.A. refrigeration
• Hoshizaki Corporation
• Lennox International, Inc.
• Metalfrio Solutions S.A.
• Hussmann International, Inc.
• Dover Corporation
• Illinois Tool Works, Inc.

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    What Information does this report contain?

    • What was the market size of the Refrigerated Display cases Market in 2016 and the expected market size by 2024, along with the growth rate?
    • An in-depth analysis of the current impacting factors, opportunities and challenges/restraints in the market
    • Which are the largest revenue generating products, services or regions, and their comparative growth rate?
    • Which technology is in trend and how would it evolve during the forecast period (2016 - 2024)?
    • Which are the leading companies in the Refrigerated Display Cases Market and their competitive positioning basis their market share, product portfolio, strategic attempts and business focus?


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