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Overview of the global refrigerated display cases market
The growing need to merchandise food products is identified as one of the key drivers which will impact the market positively in the forecast period. Visual merchandising can help increase the sales and influence the buying behavior of customers. The foodservice retailers are focusing on investing in foodservice equipment as it allows end-users in improving the visibility of products and maintain the nutrient quality of food products. RDCs help display food products such as bagels, muffins, and desert items at optimum temperature and protects from any physical contact from consumers. Our market research analysts have estimated that the refrigerated display cases market will register a CAGR of close to 6% by 2022.
The growing preference of RDCs with energy saving modes is the key trending factor for the growth of the refrigerated display cases market. To reduce operating costs, RDCs manufacturers are offering equipment with energy saving modes. Some of the major vendors such as Carrier and Ali Group are offering RDCs with night-blind feature, that aid in minimizing the energy consumption during the non-trading hours. Additionally, during non-peak hours in the end-user establishments, RDCs ensure low energy consumption.
Companies covered
The refrigerated display cases market is characterized by the presence of numerous vendors. This industry research report includes information about the companies in this market and their product portfolio. Additionally, the report also presents an analysis of the market’s competitive environment and offers information about the key focus areas and the strategies adopted by vendors in this display refrigerators market.
This research report provides an analysis of the various companies in this market including –
- AHT Cooling Systems
- Ali Group
- Carrier
- EPTA
- True Manufacturing
- Standex International
Segmentation by product and analysis of the refrigerated display cases market
The plug-in RDCs product segment held major share in the display refrigerators market throughout the forecast period. The domination is expected to continue for the next few years due to the easy portability of this equipment.
Geographical segmentation and analysis of the refrigerated display cases market
APAC will be the major revenue contributor to the refrigerated display cases market throughout the forecast period. The market will witness steady growth in the region owing to the increasing adoption of RDCs that comply with numerous stringent regulatory standards.
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Key questions answered in the report include
- What will the market size and the growth rate be in 2022?
- What are the key factors driving the global refrigerated display cases market?
- What are the key market trends impacting the growth of the global refrigerated display cases market?
- What are the challenges to market growth?
- Who are the key vendors in the global refrigerated display cases market?
- What are the market opportunities and threats faced by the vendors in the global refrigerated display cases market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global refrigerated display cases market?
Technavio also offers customization on reports based on specific client requirement.
Technavio’s updated research report on the refrigerated display cases (RDC) market for 2018-2022 encompasses a wide range of factors that will prove crucial to our clients and provide them with actionable insights. This report is an extension of our previous research on the RDC market and is expected to provide vital information about the factors influencing the growth rate of the market. It also presents market drivers, this market research and analysis focuses on segregating the drivers in terms of price, volume, and regulatory implications. In addition to providing insights on drivers and prominent trend, industry analysts at Technavio aim at offering market insights on multiple segments along with their direct and indirect impact on the market growth during the forecast years.
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According to our previous research report, the increased demand for frozen foods has been one the major factors which have led to growth in the market. Also, the market has witnessed increasing participation of females in the workforce, coupled with changing lifestyle and dynamics of the society. The increased demand for frozen food prompts supermarkets and other retail outlets to store these products, which had led an increase in the need for RDCs in these outlets to boost product sales through visual appeal.
This market research report on the RDC market is an integral part of Technavio’s extensive industry portfolio and offers intelligence within the market space. Our research also focusses on providing insight about the dynamically changing vendor landscape and competitive scenario. This research report is anticipated to help clients better understand the market dynamics and expand in niche markets, by providing in-depth analysis of the several vendors operating in this market space.
Key highlights in global refrigerated display cases market 2018-2022:
- Extensive market definition of the refrigerated display cases market
- Analysis by multiple marketing tools such as Porter’s five forces model
- Detail characterization of the parent market
- Predictions of the market based on industry lifecycle, market innovation, new M&A and disruption threats
- In-depth intelligence on the changing competitive scenario and a detailed vendor analysis