Pune, India, July 2022, MRFR Press Release/Market Research Future has published a Half- Cooked Research Report on the Global Refrigerated Display Cases Market.
Refrigerated Display Cases Market Highlights
The global refrigerated display cases market is projected to be valued at USD 36,000 Million by 2030, recording a CAGR of 10.1% during the forecast period. Refrigerated Display Cases is a type of refrigerator, usually built (built-in) into a countertop, that is meant to display products to customers. It's used to display products. It is commonly found in grocery stores, convenience stores, and flea markets. It is also used for things like wine, cheese, deli meats, and other tasty snacks.
Due to the pandemic, production was disrupted and a lot of people lost their jobs. These affected company’s finances as the company has to cut down their cost and also was facing liquidity issues. Many governments began imposing community quarantines to prevent the spread of the virus. They also issued lockdown restrictions, which were effective at limiting the effects of the virus.
The COVID-19 pandemic halted the production of the refrigerated display cases industry, which is attributed to the lockdown in countries worldwide. This has hampered the growth of the display cases market. The pandemic affected the sale of refrigerated display cases and also the demand and production decreased.
Market Research Future has recognized the following companies as the key players in the global Refrigerated Display Cases market Carrier Corporation, Danfoss, Frigoglass SAIC, Epta S.p.a. Refrigeration, Dover Corporation, Haier Group, Arneg, Illinois Tool Works, Daikin Industries Ltd, and Fagor Industrial among others.
Segmental Analysis
The global refrigerated display cases market has been segmented based on type, design, and region.
By type, the global refrigerated display cases market has been segmented into plug-in, semi plug-in, and remote. Plug-in refrigerated display cases dominate the refrigerated display cases market. Small refrigerated cases that are mounted to a wall to open or curved glass display cases that are stored on the floor are examples of plug-in RDCs. Bottle coolers in plug-in devices are predicted to expand at the fastest rate due to the rising demand for bottled and aerated drinks.
Based on the design, the global refrigerated display cases market has been segmented based on vertical, horizontal, and hybrid. The vertical refrigerated display cases segment holds the major share. Vertical refrigerated display cases are becoming more and more popular as they provide a lot of room to move and it does not require much maintenance. It also comes in many different varieties. People are increasingly inclined to buy food that has been packaged and/or processed as it’s quick and easier for them. The businesses are making efforts to attract customers, and are displaying their goods in the windows. With the advancements in their product line, LED lighting, and frost-free glasses, these cabinets offer enhanced visual appeal to the stored food items.
Regional Analysis
Geographically, the global refrigerated display cases market has been categorized as North America, Europe, Asia-Pacific, and Rest of the World. North America region is home to the biggest brands of refrigerated display cases and maintains its dominance through numerous applications of the different types of refrigerated display cases. In addition, the region provides much-needed opportunities for the fast-growing market of refrigerated display cases.
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Base Year | 2022 |
Companies Covered | 15 |
Pages | 100 |
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