The global refrigerated display cases market size was US$ 14258.3 million in 2021. The global refrigerated display cases market size is forecast to reach US$ 35,140.00 million by 2030, growing at a compound annual growth rate (CAGR) of 9.8% during the forecast period from 2022 to 2030.
RDCs (Refrigerated Display Cases) contain refrigerators or freezers specifically designed for storing and displaying temperature-sensitive food products that should be chilled or stocked frozen. Supermarkets/hypermarkets, hotels/restaurants, grocery stores, bakeries, and non-conventional outlets like local grocers, gas stations, and kiosks use these display cases. The biomedical industry uses RDCs for preserving medications and specimens. Three types of RDCs are available: vertical-front open RDCs, horizontal-top open RDCs, and semi-vertical and hybrid RDCs. A visually appealing display of food and drink products attracts customers.
Factors influencing Market Growth
Impact Analysis of COVID-19
The COVID-19 pandemic had positively impacted the global market growth. Lockdown imposed by the government led to the closure of supermarkets and restaurants, which declined the demand for display cases. However, the demand for commercial refrigerators and freezer display cases grew due to the need to keep medicines and drugs from spoiling. In developing and developed economies alike, the growing demand for these cases to store the COVID-19 medications, and later in the fourth quarter, to store the vaccine vials, has established cold chains that provide efficient and clean refrigeration equipment. Since then, this equipment has become a primary source for pharmaceutical companies and healthcare facilities.
Regional Insights
Europe region held the major share in the market. Due to the presence of prominent food and beverages manufacturers. In order to keep their products fresh and frozen, food & beverage producers invest in advanced refrigeration systems. In addition, the rapidly developing hospitality industry, especially in France, the U.K., and Germany, has driven restaurants to adopt these appliances to store large amounts of food to meet consumer demands. Additionally, strict food safety regulations adopted by European governments have created a huge market for these cases in the area, resulting in rapid market growth.
Leading Competitors
The leading prominent companies profiled in the global refrigerated display case market are:
Scope of the Report
The global refrigerated display case market segmentation focuses on Product Type, Product Design, and Region.
Segmentation based on Product Type
Segmentation based on Product Design
Segmentation based on Region