A comprehensive research publication by
Future Market Insights titled “Refrigerated Display Cases Market:
Global Industry Analysis 2012 – 2016 and Opportunity Assessment
2017 – 2027” is focussed on understanding the worldwide demand
and consumption of refrigerated display cases, the key aspects
influencing customer purchase decisions, the key areas of
innovations, the enhancement of features of refrigerated display
cases and key industry developments across major geographies along
with impact analysis in 2017 and forecast scrutiny pertaining to
value and volume of the global Refrigerated Display Cases Market
till 2027.
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After an in-depth investigation of the
global refrigerated display cases market, Future Market Insights
predicts a revenue growth of about US$ 16 Bn by the end of 2027,
reflecting a CAGR of 6.2% during the period of forecast.
The global refrigerated display cases
market is categorised by product type, by construction, by end user
and by region. By product type, it is segmented into plug-in device
and remote operated device. By construction it is segmented into
horizontal, hybrid and vertical. By end user it is segmented into
food service sector and retail food and beverage sector; and by
region, the market is divided into North America, Western Europe,
Eastern Europe, Latin America, APEJ, Japan and Middle East and Africa
(MEA).
The APEJ region shows a high growth to
register a CAGR of 9.0% throughout the period of forecast surpassing
North America and Western Europe in terms of demand. Rapid
urbanisation and increasing income levels in India, China and South
Korea are the main contributors for growth of the APEJ region in the
global refrigerated display cases market. Moreover, along with a
growing population and rising demand for food, the FMCG market has
been performing well in the region and major retail chains are
shifting their focus towards expanding their footprint in APEJ
countries.
This has spurred the growth of the
refrigerated display cases market in this region. Another trend
observed in APEJ is the shift of manufacturing base to this region.
Besides enhancing technology, maintaining overall product cost is
also a key concern for manufacturers. In order to decrease the cost
of manufacturing, some players in the market have established their
production facilities in countries such as China, Indonesia and
India, where labour costs are relatively low as compared to other
countries. North America and Western Europe are expected to face
maturity in the coming years.
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The research report on the global
refrigerated display cases market has profiled tier players involved
in the refrigerated display cases market such as Panasonic
Corporation, Dover Corporation, Frigoglass SAIC, Arneg S.p.A, AHT
Cooling System GmbH, Illinois Tool Work Inc., Epta S.p.a.
Refrigeration, Standex International Corporation, Lennox
International Inc., United Technologies Corp., Metalfrio Solutions,
Inc., Clabo Group, True Manufacturing, Carter Retail Equipment Ltd.,
Nakano Refrigerators Co. Ltd., QBD Modular Systems Inc., Zero Zone
Inc., Igloo International, Marc Refrigeration Manufacturing, Inc.,
Aucma Co., Ltd., Haier Carrier, Isa S.p.a., Borgen Systems and Koxka.
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