Refrigerated Display Cases Industry Appraised to be Valued US$ 16 Bn by the end of 2027

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.