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Based on display type, the self served curved cases segment was worth USD 5.42 billion in 2023 and is projected to reach USD 7.6 billion by 2032. The dominance of self served curved cases is because it offers an optimal visibility from various angles making the prodcuts more attracting and enhancing to consumers. Additionally self served curved cases helps in space optimization of products in the retail sector.Consumers can choose and pick products by their own which can improve their conivenece in busyretail shopping stores. Overall, space optimization, optimal visibility and enhanced convenience makes self-served curved cases dominant in the refrigerated display cases industry.
Based on cabinet type, the single cabinated segment accounted for over 56.9% of the market share in 2023 and is expected to grow at a CAGR of 4.9% through 2032. Single cabinet are highly fixible and moduler which allows retailers to modifty their store spaces easily. Additionaly single cabinet are cost effective and requirers lower maintianence as compared to multideck. Manufactueres have integrated technologies to improve the energy . Advanced effcient compressors and better insualts helps in reducing the energy consumption . These factors make single cabinet the preferred choice for industries and retailers, further contributing to the market growth.
Asia pacific commercial refrigerator market size surpassed USD 7 billion in 2023 and is expected to grow at a CAGR of 5.2%, generating a revenue of USD 10.8 billion by 2032.The Asia Pacific region is experiencing growth of industrialization leading to an expansion of retail stores, supermarkets and hypermarkets whereas thus increasing the demand for refrigerated display cases. Additionally, APAC region is known as technological hub. Manufactures are investing in research and development to create refrigerators display cases which are technologically advanced and energy efficient to meet the growing demand of the region.
The U.S. dominates the North America refrigerated display cases market with a revenue of around USD 2.42 billion in 2023 and is expected to reach around USD 3.21 billion by 2032. The US is dominating due to the well-established retail sectors such as hyper market, supermarket. There is a constant demand from these retail stores for refrigerated display cases, further increasing the growth of the market.
UK dominated the Europe refrigerated display cases market with a revenue of around USD 1.28 billion in 2023 and is expected to reach around USD 1.85 billion by 2032. UK consumers have a stronger demand for frozen foods and ready to eat foods as a result retailers and departmental stores need to stock up the frozen foods where refrigerated display cases meet the growing demand of consumers in the UK region.
In 2023, China dominated the Asia Pacific market with overall revenue of USD 1.57 billion and is expected to reach USD 2.69 billion by 2032. China is experiencing rapid food retail sector growth where there is a demand for refrigerated display cases. Additionally, China is leading manufacturing technologically updated solutions such as smart controls and better environmentally solutions making them appealing to growing market.
The self-served curved refrigerated display cases market generated a revenue of USD 5.42 billion in 2023 and is projected to reach USD 7.6 billion by 2032, owing to its optimal visibility from various angles making the products more attracting.
The market size of refrigerated display cases was reached USD 15.8 billion in 2023 and is anticipated to register 4.5% CAGR during 2024 and 2032, driven by the expansion of the food retail sector.
AHT Cooling Systems GmbH, ARNEG S.p.A., CAREL INDUSTRIES S.p.A, Carrier Commercial Refrigeration, Daikin Industries Ltd, Danfoss A/S, and Dover Corporation among others.
Asia pacific refrigerated display cases market recorded USD 7 billion in 2023 and is expected to grow at 5.2% CAGR through 2032, driven by industrialization leading to the expansion of retail stores.