PUBLISHER: Polaris Market Research | PRODUCT CODE: 1346908
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1346908
The global multi-deck refrigerated display cases market size is expected to reach USD 9,927.51 million by 2032, according to a new study by Polaris Market Research. The report "Multi-Deck Refrigerated Display Cases Market Share, Size, Trends, Industry Analysis Report, By Type (Plug-In, Semi-Plug In, Remote); By Width; By End Use; By Case Type; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Growth of organized retail formats and the increasing demand for food-to-go are signaling the need for multi-deck refrigerated display cases in the market. These display cases enable retailers to efficiently present a wide variety of perishable products, attract customers, and enhance the overall shopping experience. The shift in consumer dining habits and the increasing demand for food-to-go has played a significant role in driving the growth of the multi-deck refrigerated display cases market. Recently, YO made a significant stride in enhancing its sushi offerings by adopting advanced refrigerated display solutions. Their aim is to provide a high-quality dining experience with sushi that is maintained at optimal freshness. This will further create demand for the product by retailers to conserve their position in the marketplace.
With the rise of e-commerce and the convenience it offers, more consumers are opting to purchase groceries online and have them delivered to their doorstep. Multi-deck refrigerated display cases play a crucial role in fulfilling these orders by efficiently storing and displaying perishable products in physical stores or distribution centers. Online grocery sales are projected to reach USD 100 Bn by 2025 according to the global cold chain alliance, representing 13 percent of total grocery sales, the need for additional cold storage capacity is expected to grow. Retailers and foodservice providers need reliable and versatile refrigeration solutions to ensure the freshness and quality of products during the online shopping journey.
Plug-In segment is anticipated to witness faster growth in the coming years due to its ease of installation and flexibility.
4 to 6ft segment accounted for the larger market share owing to its versatility and space optimization capabilities.
Retail Food and Beverage segment is projected to experience a larger revenue share due to the demand for fresh and perishable products.
Forced Air Type segment is expected to experience higher growth owing to its effective temperature distribution.
APAC is projected to register a higher growth rate in the study period owing to the energy efficient regulations.
North America is expected to grow larger revenue share owing to the presence of stringent food regulations.
The global players include: Hussmann, Epta, Frost-Trol, Oscartielle, Zero Zone, Fri-Jado, Orford Refrigeration & Bonnet Neve.
Polaris Market Research has segmented the multi-deck refrigerated display cases market report based on type, width, end use, case type and region: