The Asia Pacific Refrigerated Display Cases Market should witness market growth of 10.4% CAGR during the forecast period (2023-2029).
There is a growing market for attractive displays and new technologies like 3D printing that pave the way for more appealing and valuable products. As technology and consumer preferences fuel the creation of new varieties and experimentation, the market is observing a rise in product innovation and shifting trends. As retail competes with e-commerce for a larger portion of the refrigerated food business, adopting RFID technology promises significant market growth.
During the forecast period, the market is anticipated to expand significantly due to the rising demand for chilled goods and the rising importance of quality. As a result of the rise in demand for automated systems brought on by the development of digital technology, remote-controlled micro-devices, among other market study divisions, are anticipated to make a comeback in households and retail establishments.
Researchers constructed a modular mock display case and an air curtain simulator to evaluate several designs. To reduce the quantity of warm, humid air entering the chilled compartment of the case, they measured the amount of air that was penetrated based on different air curtain speeds, angles, and other parameters. It has been demonstrated that the angle that exists between the discharge and return air grilles of the case, the jet's exit Reynolds number (which is a number that is dependent on the air speed and density), and the degree to which the jet experiences turbulence are the most significant parameters that determine the amount of warm air that is allowed to pass through the air curtain.
In India, the growth of plug-in display/open cabinets can be attributed to significant trends such as the timely upgrade of retail store display appearance and the rising demand from store owners for frequent modifications or shifts in floor setting plans based on convenience. These refrigerated display cabinets eliminate the need for a machinery room and have flexible layout options, leading to their widespread adoption in retail stores that sell pastries, meats, dairy products, and various other low-temperature products, such as chilled and frozen refrigerators.
In addition, increasing initiatives toward new construction projects of supermarkets and hypermarkets, rising sales of frozen food products, and increasing the number of organized meat/fish retailing outlets by companies can all contribute to the long-term growth of the market in the APAC.
The China market dominated the Asia Pacific Refrigerated Display Cases Market by Country in 2022 thereby, achieving a market value of $2,210.8 million by 2029. The Japan market is showcasing a CAGR of 9.7% during (2023-2029). Additionally, The India market would register a CAGR of 11.1% during (2023-2029).
Based on Product Type, the market is segmented into Plug In and Remote. Based on Design, the market is segmented into Vertical, Horizontal and Hybrid & Semi-Vertical. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Lennox International, Inc., Dover Corporation, Illinois Tool Works, Inc., Hoshizaki Corporation, Metalfrio Solutions S.A, Hussmann Corporation (Panasonic Holdings Corporation), AHT cooling systems GmbH (Daikin Industries, Ltd.), Epta S.p.A., FRIGOGLASS S.A.I.C, and Haier Smart Home Co., Ltd. (Haier Group Corporation).
There is a growing market for attractive displays and new technologies like 3D printing that pave the way for more appealing and valuable products. As technology and consumer preferences fuel the creation of new varieties and experimentation, the market is observing a rise in product innovation and shifting trends. As retail competes with e-commerce for a larger portion of the refrigerated food business, adopting RFID technology promises significant market growth.
During the forecast period, the market is anticipated to expand significantly due to the rising demand for chilled goods and the rising importance of quality. As a result of the rise in demand for automated systems brought on by the development of digital technology, remote-controlled micro-devices, among other market study divisions, are anticipated to make a comeback in households and retail establishments.
Researchers constructed a modular mock display case and an air curtain simulator to evaluate several designs. To reduce the quantity of warm, humid air entering the chilled compartment of the case, they measured the amount of air that was penetrated based on different air curtain speeds, angles, and other parameters. It has been demonstrated that the angle that exists between the discharge and return air grilles of the case, the jet's exit Reynolds number (which is a number that is dependent on the air speed and density), and the degree to which the jet experiences turbulence are the most significant parameters that determine the amount of warm air that is allowed to pass through the air curtain.
In India, the growth of plug-in display/open cabinets can be attributed to significant trends such as the timely upgrade of retail store display appearance and the rising demand from store owners for frequent modifications or shifts in floor setting plans based on convenience. These refrigerated display cabinets eliminate the need for a machinery room and have flexible layout options, leading to their widespread adoption in retail stores that sell pastries, meats, dairy products, and various other low-temperature products, such as chilled and frozen refrigerators.
In addition, increasing initiatives toward new construction projects of supermarkets and hypermarkets, rising sales of frozen food products, and increasing the number of organized meat/fish retailing outlets by companies can all contribute to the long-term growth of the market in the APAC.
The China market dominated the Asia Pacific Refrigerated Display Cases Market by Country in 2022 thereby, achieving a market value of $2,210.8 million by 2029. The Japan market is showcasing a CAGR of 9.7% during (2023-2029). Additionally, The India market would register a CAGR of 11.1% during (2023-2029).
Based on Product Type, the market is segmented into Plug In and Remote. Based on Design, the market is segmented into Vertical, Horizontal and Hybrid & Semi-Vertical. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Lennox International, Inc., Dover Corporation, Illinois Tool Works, Inc., Hoshizaki Corporation, Metalfrio Solutions S.A, Hussmann Corporation (Panasonic Holdings Corporation), AHT cooling systems GmbH (Daikin Industries, Ltd.), Epta S.p.A., FRIGOGLASS S.A.I.C, and Haier Smart Home Co., Ltd. (Haier Group Corporation).
Scope of the Study
By Product Type
- Plug In
- Remote
By Design
- Vertical
- Horizontal
- Hybrid & Semi-Vertical
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Lennox International, Inc.
- Dover Corporation
- Illinois Tool Works, Inc.
- Hoshizaki Corporation
- Metalfrio Solutions S.A
- Hussmann Corporation (Panasonic Holdings Corporation)
- AHT cooling systems GmbH (Daikin Industries, Ltd.)
- Epta S.p.A.
- FRIGOGLASS S.A.I.C
- Haier Smart Home Co., Ltd. (Haier Group Corporation)
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Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 4. Asia Pacific Refrigerated Display Cases Market by Product Type
Chapter 5. Asia Pacific Refrigerated Display Cases Market by Design
Chapter 6. Asia Pacific Refrigerated Display Cases Market by Country
Chapter 7. Company Profiles
Companies Mentioned
- Lennox International, Inc.
- Dover Corporation
- Illinois Tool Works, Inc.
- Hoshizaki Corporation
- Metalfrio Solutions S.A
- Hussmann Corporation (Panasonic Holdings Corporation)
- AHT cooling systems GmbH (Daikin Industries, Ltd.)
- Epta S.p.A.
- FRIGOGLASS S.A.I.C
- Haier Smart Home Co., Ltd. (Haier Group Corporation)
Methodology
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