Refrigerated Display Cases Market
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Global <strong>Refrigerated</strong><br />
<strong>Display</strong> <strong>Cases</strong> <strong>Market</strong><br />
Future <strong>Market</strong> Insights<br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation and<br />
Forecast,<br />
2015<br />
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Report Description<br />
Food refrigeration is of primary importance for various households in order to reduce<br />
food waste and for food and beverage companies for storing various foods so as to<br />
ensure minimum damage to its product. Whether big companies or households the need<br />
for cold storages has increased dramatically across various regions and markets. Need of<br />
refrigeration does not restrict till the refrigeration industry but also extends to the bio<br />
medical sector where storage of cultures under low temperature conditions is highly<br />
important and thus creates another demand for refrigerator market. It has helped various<br />
Doctors to store and preserve cultures of various viruses for a prolonged duration,<br />
helping to find cures and vaccines for a number of diseases. It’s usage has changed the<br />
way we preserve and protect goods and products vulnerable to high volatile temperature<br />
conditions which otherwise would have had a detrimental impact on the culture.<br />
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With the widespread growth in retail outlets the demand for refrigerator display cases<br />
have witnessed a substantial increase. With the increase in a ‘fast life’ amongst various<br />
consumers the need for food which is nourishing and fast to cook is highly important. The<br />
need for <strong>Refrigerated</strong> <strong>Display</strong> cases helps various retailers to ensure longer storage of<br />
products which helps them in reducing wastage.<br />
With the increase in carbonated soft drink bottles and packaged water bottles the need<br />
for cold storage is expected to grow. Also, with emerging economies the growth rates is<br />
expected to be greater with respect to mature markets.
Report Description<br />
Asia Pacific as a region is expected to show the highest growth rate due to its macroeconomic<br />
fundamentals, increasing per capita income and increasing demand for CSD<br />
and water bottles. Regions such as Western Europe and North America are expected to<br />
witness modest growth rate due to a high volume in both of these regions.<br />
With the increase in the retail industry in Eastern Europe, Middle East and Latin America<br />
the demand for RDC’s is expected to witness a substantial growth rate hence putting a<br />
bullish trend on the <strong>Market</strong> value.<br />
Refrigeration Industry directly depends on the increase in GDP and increase in per capita<br />
income. The increase in non OECD countries in the next decade will result outpace the<br />
growth in OECD countries due to greater percentage of population witnessing economic<br />
prosperity. Mature markets such as Europe and North America are expected drive the<br />
demand for more energy efficient refrigerated cases in order to reduce wastage.<br />
Sustainable products will witness a greater acceptance in the industry compared to their<br />
inferior counterparts due to more relevance of energy conservation.<br />
Also, there has been a growth in the re-manufactured RDC’s which help in the<br />
environmental profile of the industry. Also, with the increase in utilization of commercial<br />
applications much needed infrastructure is being developed with greater penetration in<br />
matured market such as Europe and North America.<br />
Due to its high demand, the industry is highly fragmented with top 7 players owning not<br />
more than 25% of the total market share.
Report Description<br />
<strong>Refrigerated</strong> <strong>Display</strong> <strong>Cases</strong>: Drivers & Restraints<br />
RDC market is highly dependent on the GDP growth and per capita income as the major<br />
governing macro-economic fundamentals. Also, with the purpose of reducing food<br />
wastage the demand is expected to increase. With the increase in economic activity it is<br />
noticed people desire food that can be easily cooked, which in turn increases the<br />
demand for RDC. .<br />
<strong>Refrigerated</strong> <strong>Display</strong> <strong>Cases</strong>: Region-wise Outlook<br />
Depending on the growth of macro-economic fundamentals the market can be divided<br />
into high growth rate regions and mature markets. With a higher increase expected in<br />
regions like Asia pacific, Latin America and Middle east the demand is expected to be at a<br />
higher rate. Demand from North America and Europe, mature markets is expected to be<br />
moderate.<br />
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<strong>Refrigerated</strong> <strong>Display</strong> <strong>Cases</strong>: Key Players<br />
Some of the major players in the refrigerated display cases are AHT Cooling systems, Epta<br />
Spa, Hussman corporation, Nekano refrigerators co. ltd, ISA Italy etc.
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