Refrigerated Display Cabinets Market Size, Share Global Analysis Report, 2023 – 2030

Industry Insights

[185+ Pages Report] According to the report published by Facts Factors, the global refrigerated display cabinets market size was valued around USD 8.35 billion in 2022 and is expected to grow around USD 12.48 billion by 2030 with a compound annual growth rate (CAGR) of approximately 5.91% between 2023 and 2030. The report analyzes the global refrigerated display cabinets market drivers, restraints/challenges, and the impact they have on the demands during the forecast period. In addition, the report explores emerging opportunities in the refrigerated display cabinets market.

The refrigerated display cabinets market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire refrigerated display cabinets market. The historical and past insights are provided for FY 2020 to FY 2022 whereas projected trends are delivered for FY 2023 to FY 2030. The quantitative and numerical data is represented in terms of both volumes (Units) and value (USD Billion) from FY 2020 – 2030

This specialized and expertise-oriented industry research report scrutinizes the technical and commercial business outlook of the refrigerated display cabinets industry. The report analyzes and declares the historical and current trends analysis of the refrigerated display cabinet industry and subsequently recommends the projected trends anticipated to be observed in the refrigerated display cabinets market during the upcoming years.

Key Insights from Primary Research

• As per our primary interviews, the global refrigerated display cabinets market is set to grow at a rate of around 5.91%.
• It was established through primary interviews that the refrigerated display cabinets market was valued at around USD 8.35 Billion in 2022.
• Asia Pacific market has accounted for the major share in 2022.
• On the basis of the application segment, ‘Beverage’ dominated the refrigerated display cabinets market in 2022.
• Based on type, the global refrigerated display cabinets market was led by the ‘chilled type’ segment.

Key Recommendations from Analysts

• As per our analysts, the global refrigerated display cabinets market is expected to grow significantly over the forecast period.
• The strategic and competitive advantage provided by the chilled type is driving this market globally.
• Our team of analysts has identified, an increased number of supermarkets and hypermarkets globally is fueling the growth of the market.
• In recent years, the proliferation of a large number of restaurants, supermarkets, and other food industries worldwide is significantly influencing the growth of the market.
• Advancement in medical sciences is raising demands for highly sensitive pharmaceuticals thereby driving the global markets of refrigerated display cabinets in coming years.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the refrigerated display cabinets industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the refrigerated display cabinets industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the refrigerated display cabinet market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the refrigerated display cabinets industry. The refrigerated display cabinets market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the refrigerated display cabinets sector. Key strategic developments in the refrigerated display cabinets market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the refrigerated display cabinets market are appropriately highlighted in the report.

Advancements in technology and ease of lifestyle have now led to rapid changes in the manufacturing styles of refrigerated display cabinets. Rising focuses on the energy-saving modes of refrigerated systems by the manufacturers of refrigerated display cabinets due to the reduced overall operating cost of the product.

Moreover, a growing focus on green refrigerants and the use of closed display cases in order to reduce the carbon footprint is in trend. An increase in demand for attractive displays and new technologies such as 3D in the market are expanding the demand of this market. Customers now prefer the highest quality food and beverage retailers. Therefore focusing on the offerings that satisfy customer demands and safety criteria is propelling the global refrigerated display cabinets market.

Report Scope

The refrigerated display cabinets market research report delivers an acute evaluation and taxonomy of the refrigerated display cabinets industry by practically splitting the market on the basis of different types, applications, and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2023 to FY 2030.

The regional segmentation of the refrigerated display cabinets industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. Further, country-wise data for the refrigerated display cabinets industry is provided for the leading economies of the world.

The refrigerated display cabinets market is segmented based on type and application. On the basis of type, the market has been segmented into chilled type and frozen type. The application has been bifurcated into beverages, food, and medicine among others.

Some of the essential players operating in the refrigerated display cabinet market, but not restricted to include

• Carrier
•  Frigoglass
•  Panasonic
•  AHT Cooling Systems GmbH
•  Liebherr Appliances
•  Haier Group
•  Dover Corporation
•  EPTA SPA
•  Turbo Air Inc.
•  Afinox Srl
•  Zero Zone Inc.
•  True Manufacturing Co. Inc

The taxonomy of the Refrigerated Display Cabinets industry by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Chilled Type
• Frozen Type

By Application Segmentation Analysis

• Beverages
• Food
• Medicine
• Others

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa