PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1617174
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1617174
Refrigerated Counter Market Forecasts to 2030 - Global Analysis By Type (Open Refrigerated Counters, Closed Refrigerated Counters and Other Types), Technology, Application and By Geography
According to Stratistics MRC, the Global Refrigerated Counter Market is growing at a CAGR of 7.82% during the forecast period. A refrigerated counter is a commercial-grade appliance designed to store and display perishable goods at controlled, low temperatures, ensuring freshness and safety. Commonly used in restaurants, grocery stores, and foodservice establishments, it integrates refrigeration systems with worktops or display areas for convenient food preparation or presentation. These counters often feature temperature control settings, energy-efficient designs, and durable materials to withstand heavy usage. They are essential in maintaining food quality, extending shelf life, and adhering to food safety standards in various industries.
Market Dynamics:
Driver:
Rising consumer demand for fresh and frozen foods
Rising consumer increasingly prioritizes convenience and quality, the need for proper storage solutions grows. Restaurants, supermarkets, and foodservice outlets require refrigerated counters to store and display fresh produce and frozen items. These counters help maintain food safety, preserving the nutritional value and extending shelf life. Additionally, consumer preferences for ready-to-eat and frozen meals increase the need for reliable refrigeration systems. This trend continues to fuel market growth, especially in the foodservice and retail sectors.
Restraint:
Energy consumption concerns
The refrigerated counter business is severely hampered by worries about energy use. These energy-intensive devices have substantial operating expenses, particularly in areas where electricity prices are high. As energy prices rise, businesses may seek alternative, cost-effective solutions. This can limit the adoption of advanced refrigerated counters, particularly in small and medium enterprises. Additionally, consumers are increasingly prioritizing sustainability and energy efficiency in their purchases. Manufacturers must invest in energy-saving technologies to remain competitive. Failure to address these concerns could hinder market growth and consumer acceptance.
Opportunity:
Sustainable and energy-efficient solutions
Rising environmental concerns have pushed businesses to seek refrigeration options that minimize energy consumption. Energy-efficient systems help reduce operational costs, making them more attractive to businesses in the long term. Governments and regulatory bodies are promoting eco-friendly refrigeration through incentives and stricter regulations. These solutions often feature natural refrigerants, which have a lower environmental impact. As consumers and companies prioritize sustainability, the demand for these innovative, eco-conscious refrigerated counters continues to rise.
Threat:
Technological obsolescence
Older models become less efficient, leading to higher operational costs. As energy efficiency becomes a priority, outdated systems fail to meet new environmental regulations. Newer technologies also offer better food preservation, making older units less attractive. The need for frequent upgrades increases investment costs for businesses. Additionally, consumers and businesses prefer advanced features, leaving older products in low demand. This constant technological shift pressures manufacturers to invest in research and development, resulting in hindering of the market.
Covid-19 Impact
The COVID-19 pandemic significantly impacted the refrigerated counter market. Lockdowns and restrictions led to reduced demand from restaurants, hotels, and catering services due to temporary closures. However, the rise in online grocery shopping and home delivery services boosted demand for efficient refrigeration solutions. Supply chain disruptions and labor shortages caused delays in production and delivery, affecting market growth. Post-pandemic, the market is rebounding as the foodservice sector recovers, with increased emphasis on energy-efficient and sustainable refrigeration systems to meet evolving consumer needs.
The open refrigerated counters segment is expected to be the largest during the forecast period
The open refrigerated counters segment is estimated to have a lucrative growth, by offering easy accessibility and visibility of stored products. Their design eliminates doors, allowing customers to quickly access goods, making them ideal for retail environments like supermarkets and convenience stores. The ability to showcase products without barriers increases impulse purchases, driving sales. These counters are energy-efficient and cost-effective, appealing to businesses looking to reduce operational costs. The demand for open refrigerated counters is growing in sectors like foodservice and grocery retail.
The food service segment is expected to have the highest CAGR during the forecast period
The food service segment is anticipated to witness the highest CAGR growth during the forecast period, due to the growing demand for fresh and perishable food items, restaurants and catering services require reliable refrigeration solutions. Refrigerated counters ensure proper storage and easy access to ingredients, maintaining food safety standards. The rise of quick-service restaurants (QSRs) and food delivery services further increases the need for efficient refrigeration. Additionally, the growing trend of offering ready-to-eat and frozen foods boosts the demand for refrigerated counters. As the foodservice industry expands, the market for refrigerated counters continues to thrive.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period due to rapid urbanization, rising disposable incomes, and a growing foodservice sector. With increasing demand for fresh and processed food in countries like China, India, and Japan, the need for efficient refrigeration solutions is growing. The region's expanding foodservice industry, including restaurants, supermarkets, and quick-service restaurants (QSRs), is propelling market growth. Additionally, the rising trend of online grocery shopping and food delivery services further drives demand for refrigerated counters.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to the expanding foodservice and retail sectors. High demand for fresh and frozen food products drives the need for advanced refrigeration solutions in restaurants, supermarkets, and convenience stores. The market is also supported by strict food safety regulations, which require efficient temperature control for perishables. Technological advancements, such as energy-efficient models and smart refrigeration systems, are gaining traction. Additionally, the rise in food delivery services and online grocery shopping further fuels the demand for refrigerated counters across the region.
Key players in the market
Some of the key players profiled in the Refrigerated Counter Market include Carrier Commercial Refrigeration, True Manufacturing, Hussmann Corporation, Embraco, Frigoglass, Foster Refrigerator, Arneg S.p.A., Metalfrio Solutions S.A., Scotsman Ice Systems, Turbo Air Inc., Electrolux Professional, Beverage-Air Corporation, Danfoss, Sielaff GmbH & Co. KG and Glacier Bay Refrigeration.
Key Developments:
In October 2024, Frigoglass entered into a strategic partnership with Fresh SAE, a prominent manufacturer of home appliances in Egypt. This collaboration aims to manufacture Frigoglass commercial coolers at Fresh's facilities in Greater Cairo, thus enhancing Frigoglass's footprint in the MENA region
In September 2024, Frigoglass announced a legally binding agreement to acquire Provisiona Iberia, S.L. and Serlusa Refrigerantes, LDA from Tricorporacion. This acquisition is part of Frigoglass's strategy to expand its operational capabilities in the refrigeration sector.
Types Covered:
- Open Refrigerated Counters
- Closed Refrigerated Counters
- Display Refrigerated Counters
- Other Types
Technologies Covered:
- Conventional Refrigeration
- Eco-Friendly Refrigeration
- Other Technologies
Applications Covered:
- Food Service
- Retail
- Food Processing
- 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
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Technology Analysis
- 3.7 Application Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Refrigerated Counter Market, By Type
- 5.1 Introduction
- 5.2 Open Refrigerated Counters
- 5.3 Closed Refrigerated Counters
- 5.4 Display Refrigerated Counters
- 5.5 Other Types
6 Global Refrigerated Counter Market, By Technology
- 6.1 Introduction
- 6.2 Conventional Refrigeration
- 6.3 Eco-Friendly Refrigeration
- 6.4 Other Technologies
7 Global Refrigerated Counter Market, By Application
- 7.1 Introduction
- 7.2 Food Service
- 7.3 Retail
- 7.4 Food Processing
- 7.5 Other Applications
8 Global Refrigerated Counter Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 Carrier Commercial Refrigeration
- 10.2 True Manufacturing
- 10.3 Hussmann Corporation
- 10.4 Embraco
- 10.5 Frigoglass
- 10.6 Foster Refrigerator
- 10.7 Arneg S.p.A.
- 10.8 Metalfrio Solutions S.A.
- 10.9 Scotsman Ice Systems
- 10.10 Turbo Air Inc.
- 10.11 Electrolux Professional
- 10.12 Beverage-Air Corporation
- 10.13 Danfoss
- 10.14 Sielaff GmbH & Co. KG
- 10.15 Glacier Bay Refrigeration
List of Tables
- Table 1 Global Refrigerated Counter Market Outlook, By Region (2022-2030) ($MN)
- Table 2 Global Refrigerated Counter Market Outlook, By Type (2022-2030) ($MN)
- Table 3 Global Refrigerated Counter Market Outlook, By Open Refrigerated Counters (2022-2030) ($MN)
- Table 4 Global Refrigerated Counter Market Outlook, By Closed Refrigerated Counters (2022-2030) ($MN)
- Table 5 Global Refrigerated Counter Market Outlook, By Display Refrigerated Counters (2022-2030) ($MN)
- Table 6 Global Refrigerated Counter Market Outlook, By Other Types (2022-2030) ($MN)
- Table 7 Global Refrigerated Counter Market Outlook, By Technology (2022-2030) ($MN)
- Table 8 Global Refrigerated Counter Market Outlook, By Conventional Refrigeration (2022-2030) ($MN)
- Table 9 Global Refrigerated Counter Market Outlook, By Eco-Friendly Refrigeration (2022-2030) ($MN)
- Table 10 Global Refrigerated Counter Market Outlook, By Other Technologies (2022-2030) ($MN)
- Table 11 Global Refrigerated Counter Market Outlook, By Application (2022-2030) ($MN)
- Table 12 Global Refrigerated Counter Market Outlook, By Food Service (2022-2030) ($MN)
- Table 13 Global Refrigerated Counter Market Outlook, By Retail (2022-2030) ($MN)
- Table 14 Global Refrigerated Counter Market Outlook, By Food Processing (2022-2030) ($MN)
- Table 15 Global Refrigerated Counter Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 16 North America Refrigerated Counter Market Outlook, By Country (2022-2030) ($MN)
- Table 17 North America Refrigerated Counter Market Outlook, By Type (2022-2030) ($MN)
- Table 18 North America Refrigerated Counter Market Outlook, By Open Refrigerated Counters (2022-2030) ($MN)
- Table 19 North America Refrigerated Counter Market Outlook, By Closed Refrigerated Counters (2022-2030) ($MN)
- Table 20 North America Refrigerated Counter Market Outlook, By Display Refrigerated Counters (2022-2030) ($MN)
- Table 21 North America Refrigerated Counter Market Outlook, By Other Types (2022-2030) ($MN)
- Table 22 North America Refrigerated Counter Market Outlook, By Technology (2022-2030) ($MN)
- Table 23 North America Refrigerated Counter Market Outlook, By Conventional Refrigeration (2022-2030) ($MN)
- Table 24 North America Refrigerated Counter Market Outlook, By Eco-Friendly Refrigeration (2022-2030) ($MN)
- Table 25 North America Refrigerated Counter Market Outlook, By Other Technologies (2022-2030) ($MN)
- Table 26 North America Refrigerated Counter Market Outlook, By Application (2022-2030) ($MN)
- Table 27 North America Refrigerated Counter Market Outlook, By Food Service (2022-2030) ($MN)
- Table 28 North America Refrigerated Counter Market Outlook, By Retail (2022-2030) ($MN)
- Table 29 North America Refrigerated Counter Market Outlook, By Food Processing (2022-2030) ($MN)
- Table 30 North America Refrigerated Counter Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 31 Europe Refrigerated Counter Market Outlook, By Country (2022-2030) ($MN)
- Table 32 Europe Refrigerated Counter Market Outlook, By Type (2022-2030) ($MN)
- Table 33 Europe Refrigerated Counter Market Outlook, By Open Refrigerated Counters (2022-2030) ($MN)
- Table 34 Europe Refrigerated Counter Market Outlook, By Closed Refrigerated Counters (2022-2030) ($MN)
- Table 35 Europe Refrigerated Counter Market Outlook, By Display Refrigerated Counters (2022-2030) ($MN)
- Table 36 Europe Refrigerated Counter Market Outlook, By Other Types (2022-2030) ($MN)
- Table 37 Europe Refrigerated Counter Market Outlook, By Technology (2022-2030) ($MN)
- Table 38 Europe Refrigerated Counter Market Outlook, By Conventional Refrigeration (2022-2030) ($MN)
- Table 39 Europe Refrigerated Counter Market Outlook, By Eco-Friendly Refrigeration (2022-2030) ($MN)
- Table 40 Europe Refrigerated Counter Market Outlook, By Other Technologies (2022-2030) ($MN)
- Table 41 Europe Refrigerated Counter Market Outlook, By Application (2022-2030) ($MN)
- Table 42 Europe Refrigerated Counter Market Outlook, By Food Service (2022-2030) ($MN)
- Table 43 Europe Refrigerated Counter Market Outlook, By Retail (2022-2030) ($MN)
- Table 44 Europe Refrigerated Counter Market Outlook, By Food Processing (2022-2030) ($MN)
- Table 45 Europe Refrigerated Counter Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 46 Asia Pacific Refrigerated Counter Market Outlook, By Country (2022-2030) ($MN)
- Table 47 Asia Pacific Refrigerated Counter Market Outlook, By Type (2022-2030) ($MN)
- Table 48 Asia Pacific Refrigerated Counter Market Outlook, By Open Refrigerated Counters (2022-2030) ($MN)
- Table 49 Asia Pacific Refrigerated Counter Market Outlook, By Closed Refrigerated Counters (2022-2030) ($MN)
- Table 50 Asia Pacific Refrigerated Counter Market Outlook, By Display Refrigerated Counters (2022-2030) ($MN)
- Table 51 Asia Pacific Refrigerated Counter Market Outlook, By Other Types (2022-2030) ($MN)
- Table 52 Asia Pacific Refrigerated Counter Market Outlook, By Technology (2022-2030) ($MN)
- Table 53 Asia Pacific Refrigerated Counter Market Outlook, By Conventional Refrigeration (2022-2030) ($MN)
- Table 54 Asia Pacific Refrigerated Counter Market Outlook, By Eco-Friendly Refrigeration (2022-2030) ($MN)
- Table 55 Asia Pacific Refrigerated Counter Market Outlook, By Other Technologies (2022-2030) ($MN)
- Table 56 Asia Pacific Refrigerated Counter Market Outlook, By Application (2022-2030) ($MN)
- Table 57 Asia Pacific Refrigerated Counter Market Outlook, By Food Service (2022-2030) ($MN)
- Table 58 Asia Pacific Refrigerated Counter Market Outlook, By Retail (2022-2030) ($MN)
- Table 59 Asia Pacific Refrigerated Counter Market Outlook, By Food Processing (2022-2030) ($MN)
- Table 60 Asia Pacific Refrigerated Counter Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 61 South America Refrigerated Counter Market Outlook, By Country (2022-2030) ($MN)
- Table 62 South America Refrigerated Counter Market Outlook, By Type (2022-2030) ($MN)
- Table 63 South America Refrigerated Counter Market Outlook, By Open Refrigerated Counters (2022-2030) ($MN)
- Table 64 South America Refrigerated Counter Market Outlook, By Closed Refrigerated Counters (2022-2030) ($MN)
- Table 65 South America Refrigerated Counter Market Outlook, By Display Refrigerated Counters (2022-2030) ($MN)
- Table 66 South America Refrigerated Counter Market Outlook, By Other Types (2022-2030) ($MN)
- Table 67 South America Refrigerated Counter Market Outlook, By Technology (2022-2030) ($MN)
- Table 68 South America Refrigerated Counter Market Outlook, By Conventional Refrigeration (2022-2030) ($MN)
- Table 69 South America Refrigerated Counter Market Outlook, By Eco-Friendly Refrigeration (2022-2030) ($MN)
- Table 70 South America Refrigerated Counter Market Outlook, By Other Technologies (2022-2030) ($MN)
- Table 71 South America Refrigerated Counter Market Outlook, By Application (2022-2030) ($MN)
- Table 72 South America Refrigerated Counter Market Outlook, By Food Service (2022-2030) ($MN)
- Table 73 South America Refrigerated Counter Market Outlook, By Retail (2022-2030) ($MN)
- Table 74 South America Refrigerated Counter Market Outlook, By Food Processing (2022-2030) ($MN)
- Table 75 South America Refrigerated Counter Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 76 Middle East & Africa Refrigerated Counter Market Outlook, By Country (2022-2030) ($MN)
- Table 77 Middle East & Africa Refrigerated Counter Market Outlook, By Type (2022-2030) ($MN)
- Table 78 Middle East & Africa Refrigerated Counter Market Outlook, By Open Refrigerated Counters (2022-2030) ($MN)
- Table 79 Middle East & Africa Refrigerated Counter Market Outlook, By Closed Refrigerated Counters (2022-2030) ($MN)
- Table 80 Middle East & Africa Refrigerated Counter Market Outlook, By Display Refrigerated Counters (2022-2030) ($MN)
- Table 81 Middle East & Africa Refrigerated Counter Market Outlook, By Other Types (2022-2030) ($MN)
- Table 82 Middle East & Africa Refrigerated Counter Market Outlook, By Technology (2022-2030) ($MN)
- Table 83 Middle East & Africa Refrigerated Counter Market Outlook, By Conventional Refrigeration (2022-2030) ($MN)
- Table 84 Middle East & Africa Refrigerated Counter Market Outlook, By Eco-Friendly Refrigeration (2022-2030) ($MN)
- Table 85 Middle East & Africa Refrigerated Counter Market Outlook, By Other Technologies (2022-2030) ($MN)
- Table 86 Middle East & Africa Refrigerated Counter Market Outlook, By Application (2022-2030) ($MN)
- Table 87 Middle East & Africa Refrigerated Counter Market Outlook, By Food Service (2022-2030) ($MN)
- Table 88 Middle East & Africa Refrigerated Counter Market Outlook, By Retail (2022-2030) ($MN)
- Table 89 Middle East & Africa Refrigerated Counter Market Outlook, By Food Processing (2022-2030) ($MN)
- Table 90 Middle East & Africa Refrigerated Counter Market Outlook, By Other Applications (2022-2030) ($MN)
