Global Refrigerated Display Cases Market to Reach US$13.4 Billion by 2030

The global market for Refrigerated Display Cases estimated at US$8.7 Billion in the year 2023, is expected to reach US$13.4 Billion by 2030, growing at a CAGR of 6.4% over the analysis period 2023-2030. Plug-In, one of the segments analyzed in the report, is expected to record a 7.0% CAGR and reach US$7.8 Billion by the end of the analysis period. Growth in the Remote-Operated segment is estimated at 5.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$1.9 Billion While China is Forecast to Grow at 9.5% CAGR

The Refrigerated Display Cases market in the U.S. is estimated at US$1.9 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.8 Billion by the year 2030 trailing a CAGR of 9.5% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.1% and 5.0% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.

Global Refrigerated Display Cases Market - Key Trends & Drivers Summarized

Refrigerated display cases are essential fixtures in retail environments, particularly in grocery stores, supermarkets, and convenience stores, where they are used to store and showcase perishable goods. These units come in various forms, including open display cases, glass-door merchandisers, and specialty cases designed for specific products like meats, dairy, or beverages. The primary function of refrigerated display cases is to maintain optimal temperatures to preserve the freshness and quality of food products while making them visually appealing and easily accessible to customers. These cases are equipped with advanced refrigeration technologies and often feature energy-efficient components, such as LED lighting and high-performance compressors, to reduce energy consumption and operational costs.

Technological advancements have significantly enhanced the functionality and efficiency of refrigerated display cases. Modern units are now integrated with smart technologies that allow for remote monitoring and control, ensuring consistent temperature regulation and reducing the risk of spoilage. Innovations in insulation materials and refrigeration systems have improved thermal performance, enabling better temperature stability and reducing energy usage. Additionally, the development of environmentally friendly refrigerants has addressed concerns about the environmental impact of traditional cooling agents, making contemporary refrigerated display cases more sustainable. Enhanced design features, such as adjustable shelving, anti-fog glass, and ergonomic access, have also improved the usability and customer experience, catering to the diverse needs of retail environments.

The growth in the refrigerated display cases market is driven by several factors. The increasing demand for fresh and frozen foods, fueled by changing consumer preferences and lifestyle trends, is a major driver as retailers seek to offer a wider variety of perishable products. Technological advancements in refrigeration and smart monitoring systems are making these cases more efficient and reliable, encouraging their adoption in new and existing retail spaces. Additionally, the growing emphasis on energy efficiency and sustainability is propelling the market, as retailers invest in eco-friendly solutions to reduce their carbon footprint and comply with environmental regulations. The expansion of the retail sector, particularly in emerging markets, is also contributing to market growth, with new stores requiring modern refrigeration solutions to meet customer expectations. Furthermore, the trend towards convenience and ready-to-eat foods is boosting demand for refrigerated display cases that can maintain the quality and appeal of these products. Together, these factors are fostering a dynamic and expanding market for refrigerated display cases, presenting significant opportunities for innovation and development in the refrigeration industry.