Tuesday 14 June 2016

Global Refrigerated Display Cases and Chilled Rooms Market to Reach US$66.9 bn by 2022 due to Growing Need for Warehousing Food Items

Transparency Market Research has recently published a comprehensive research report on the global refrigerated display cases (RDCs), beverage refrigerators and dispensers, and chilled rooms market. This research report, titled “Refrigerated Display Cases, Beverage Refrigerators and Dispensers, and Chilled Rooms Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022,” details the key market dynamics and trends to put forth a well-research report. The research report also highlights the important elements in the market that are influencing the shape of this market. Furthermore, it also includes an analysis of the historical data and correlates it with the current study to offer its readers a fair picture of the market’s trajectory for the coming years.

According to the research report, the global refrigerated display cases, beverage refrigerators and dispensers, and chilled rooms market was valued at US$31.7 bn in 2014 and is expected to reach US$66.9 bn by 2022, registering a CAGR of 10.1% from 2015 to 2022. This growth is attributable to the rising demand for cooling systems to display and store food products in stores and other commercial spaces. A noteworthy trend in the global refrigerated display cases, beverage refrigerators and dispensers, and chilled rooms market is the rise of hybrid RDCs, which have both cooling and heating abilities. The demand for these is especially high amongst quick service restaurants and other such food outlets.

Research shows that the chilled rooms segment held a dominating position in 2014 in terms of revenue in the global commercial refrigeration equipment market. The prime growth driver for this segment is the proliferation of online retailing networks, which are creating a demand for chilled rooms to warehouse perishable food items. Chilled rooms are further segmented into walk-in cooler rooms, walk-in hybrid rooms, and walk-in freezer rooms. Of these, walk-in cooler rooms held a major share of 47% in the overall market in 2014.

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Geographically, Asia Pacific holds a dominating position in the global RDCs, chilled rooms, and beverage refrigerators and dispensers market. This dominance is attributable to the flourishing commercial sector in the region, which is dictated by restaurants, hotels, retail, and the catering industry. On the other hand, North America and Europe are witnessing steady saturation of the market.

Some of the Key Players in the global refrigerated display cases, beverage refrigerators and dispensers, and chilled rooms market are Metalfrio Solutions S.A., Amerikooler Inc, SRC Refrigeration, U.S. Cooler Company, Zero Zone, Inc., Vestforst A/S, ColdKit, Sanden Corporation, ISA Italy S.r.l., Blue Star Ltd., AHT Cooling Systems GmbH, Lennox International, Inc., and Hussmann International, Inc. The research report offers a detailed analysis of the competitive landscape of the market by analyzing the regulatory framework and the investment scenario. The research report also offers details pertaining to the financial overview, research and development activities, product portfolio, investment outlook, and business and marketing strategies of these top players.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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