Refrigerated Display Cases Chilled Room Market Forecasts to 2030 - Global Analysis by Product Type, Design Type, Temperature Range, Refrigerant Type, Application and By Geography

According to Stratistics MRC, the Global Refrigerated Display Cases Chilled Room Market is accounted for $7.73 billion in 2024 and is expected to reach $10.01 billion by 2030 growing at a CAGR of 4.4% during the forecast period. Refrigerated display cases Chilled rooms are temperature-controlled environments used to store and showcase perishable items such as food and beverages in retail or commercial settings. These units maintain a low temperature to preserve product freshness, prevent spoilage, and ensure safety. Chilled rooms are commonly found in supermarkets and restaurants, providing optimal storage conditions for items like dairy, meats, fruits, and vegetables. They are equipped with refrigeration systems to ensure consistent cooling and temperature regulation.

According to the USDA, the total gross refrigerated warehouse space in the United States reached over 3.7 billion cubic feet in 2021.

Market Dynamics:

Driver:

Rising awareness about food safety

Consumers increasingly demand high-quality, safe food products, prompting retailers and food service providers to invest in advanced refrigeration solutions. This trend ensures compliance with stringent food safety regulations, reduces spoilage, and maintains product freshness, thereby enhancing consumer trust and satisfaction. As a result, the demand for refrigerated display cases and chilled rooms is expected to rise, supporting market growth.

Restraint:

Energy consumption and operational costs

High energy consumption and operational costs are key restraints in the refrigerated display cases and chilled room market. These systems require substantial energy to maintain optimal temperatures, leading to increased electricity expenses for businesses. Additionally, the initial investment and ongoing maintenance costs can be prohibitive for some enterprises. These financial burdens can deter potential buyers and slow market adoption, especially among small and medium-sized businesses that may struggle to justify the expenses.

Opportunity:

Rising demand for fresh and organic food items

The rising demand for fresh and organic food items presents a lucrative opportunity for the refrigerated display cases and chilled room market. As consumers become more health-conscious, there is an increasing preference for fresh produce and organic products that require proper refrigeration to maintain quality. This trend encourages retailers to upgrade their refrigeration infrastructure, driving demand for advanced display cases and chilled rooms that can effectively preserve these perishable goods while showcasing them attractively.

Threat:

Volatility in the prices of raw materials

Volatility in the prices of raw materials poses a significant threat to the refrigerated display cases and chilled room market. Fluctuating costs of essential components like metals, plastics, and refrigerants can impact manufacturing expenses, leading to increased product prices. This volatility can affect profit margins for manufacturers and create uncertainty in pricing strategies. Consequently, it may hinder market growth as businesses might delay or reduce investments in new refrigeration equipment due to cost concerns.

Covid-19 Impact:

The Covid-19 pandemic had a mixed impact on the refrigerated display cases and chilled room market. Initially, disruptions in supply chains and reduced foot traffic in retail outlets led to a decline in demand. However, as consumer behavior shifted towards online grocery shopping and home delivery services, the need for efficient refrigeration solutions increased to ensure food safety during transit. This shift has accelerated investments in advanced refrigeration technologies to meet evolving consumer demands.

The refrigerated display cases segment is expected to be the largest during the forecast period

The refrigerated display cases segment is expected to be the largest during the forecast period due to its widespread application across supermarkets, convenience stores, and food service establishments. These cases enhance product visibility and accessibility while maintaining optimal temperatures for perishable goods. Their versatility in design and energy-efficient features make them a preferred choice for retailers aiming to attract customers with visually appealing displays.

The healthcare facilities segment is expected to have the highest CAGR during the forecast period

The healthcare facilities segment is expected to have the highest CAGR during the forecast period due to the increasing need for reliable refrigeration solutions in medical settings. Chilled rooms are essential for storing temperature-sensitive pharmaceuticals, vaccines, and biological samples. The growing emphasis on healthcare infrastructure development globally drives demand for advanced refrigeration systems that ensure compliance with stringent storage standards.

Region with largest share:

Over the forecast period, the Europe region is anticipated to hold the largest market share due to its well-established food retail sector and stringent food safety regulations. The region's focus on sustainable practices has led to increased adoption of energy-efficient refrigeration solutions. Moreover, Europe's mature market dynamics support steady growth as businesses continue investing in advanced technologies to enhance operational efficiency.

Region with highest CAGR:

During the forecast period, the Asia Pacific region is anticipated to register the highest CAGR driven by rapid urbanization, expanding retail networks, and increasing disposable incomes. The growing demand for packaged food products necessitates efficient refrigeration solutions across supermarkets and convenience stores. Additionally, rising awareness about food safety standards fuels investments in modern refrigeration technologies within this region.

Key players in the market

Some of the key players in Refrigerated Display Cases Chilled Room Market include Hussmann Corporation, Carrier Commercial Refrigeration, Frigoglass S.A.I.C., Metalfrio Solutions SA, Epta S.p.A., AHT Cooling Systems GmbH, Panasonic Corporation, Daikin Industries, Ltd., Dover Corporation, Lennox International, Arneg S.p.A., Haier Group, True Manufacturing Co., Inc., Hill Phoenix, Inc., Standex International Corporation, ISA Italy and Coldline.

Key Developments:

In November 2024, self-contained refrigerated display cases using R-290 (propane) as an environmentally friendly refrigerant were introduced. These cases are designed to be energy-efficient and comply with upcoming regulations, offering a sustainable solution for refrigeration.

In May 2024, Daikin Industries, Ltd., a leading global HVAC&R manufacturer, and Miura Co., Ltd., an industrial boiler manufacturer, announced their decision to enter a capital and business partnership at a board of directors meeting of both companies held on May 30, 2024. Under this partnership, Daikin will invest in Miura and acquire 4.67% of its outstanding shares, while Miura will invest in Daikin Applied Systems Co., Ltd., a wholly owned subsidiary of Daikin, and acquire a 49% share of the company. Leveraging the business networks of both companies, including products, technologies, and services enable them to get involved in the equivalent of 50% of the total energy used at a single factory in some industries.

Product Types Covered:

• Refrigerated Display Cases
• Chilled Rooms

Design Types Covered:

• Plug-in/Self-Contained Units
• Remote Condensing Units

Temperature Ranges Covered:

• Chilled (1°C to 8°C)
• Frozen (-18°C to -25°C)
• Deep Frozen (below -25°C)

Refrigerant Types Covered:

• Hydrofluorocarbons (HFCs)
• Hydrocarbons (HCs)
• Carbon Dioxide (CO2)
• Ammonia
• Other Refrigerant Types

Applications Covered:

• Food Retail
• Food Service
• Healthcare Facilities
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances