Refrigerated Display Cases
are refrigeration equipment used for storing and displaying products (food and beverage items) which require chilled or frozen conditions.
In 2018, the global Refrigerated Display Cases revenue was 6.74 billion USD and it will reach 8.84 billion USD in 2025, with a CAGR of 3.97% between 2018 and 2025.
Europe is the largest producer and consumer, Germany, UK, Turkey, Italy and France are dominating the Europe market; North America also is a big market, stable demand and driven by strong consumption from food, beverage and medicine industries.
Asia-Pacific is the fastest growing regions, especially in China, Southeast Asia and India, due to the fast growing economy, and the strong demand from the urban residents.
The Refrigerated Display Cases market concentration is low and the manufacturing bases are distributed around the wolrd, especially in Europe, US, China, Japan, Brazil, Southest Asia, India, Turkey, etc. and the top players from Europe, US, Japan are donimating the market, like AHT Cooling Systems GmbH, Epta SpA, Liebherr, Ugur Cooling, Carrier Commercial Refrigeration, Frigoglass, Arneg (purchasing Manor Concepts in 2015), Panasonic (purchasing Hussmann in 2015), Vestforst, Heatcraft Refrigeration Products, Ahmet Yar, Afinox, Zero Zone, Orford Refrigeration, Metalfrio Solutions, Marchia, Turbo Air, TRUE, Hoshizaki International, ISA, Hillphoenix and Verco Limited etc.
There are lots of players in China, but most of them are middle and small-sized enterprises, like Qingdao Hiron Commercial Cold Chain, Haier, Aucma and Zhejiang Xingxing Refrigeration, producing and selling the low-end products, low price and fierce competition.
In future, the Refrigerated Display Cases market will maintaine steady growth, driven by the demand from Asia-Pacific market, especially in China, Southeast Asia and India etc.