The RDC market is predicted to expand 10% from 2023 to 2030. RDCs are used to display and store edible items. They maintain food temperatures. Grocery businesses, gas stations, and "corner stores" and delicatessens use them. In supermarkets, refrigerated display cabinets showcase produce, meat, fish, poultry, dairy products, deli items (with dedicated personnel), and frozen goods. Gas stations and smaller retailers use RDCs to display chilled beverages and ice-candy. RDCs allow products to be directly viewed through an opening in the cabinet or through transparent doors, lids, or covers. These cabinets allow customers to reach for goods without entering the refrigerator, saving time. The market for refrigerated display cabinets is growing due to the expansion of retail shop networks, rising disposable incomes, and changing customer lifestyles. Plug-in has the largest market share for chilled display cases, although remote-controlled devices have the highest overall share.
The retail food and beverage sector's growing requirement for refrigerated display cases has boosted the global market for these cases. This pattern can be noticed in industrialised and emerging nations due to the rapid expansion of retail businesses. Vertical/multideck RDCs are expected to increase quickly, especially in the food and beverage industry and especially in the US. Urbanization has increased the requirement for storage and transporting food and beverages. Customers want fast food to keep up with their busy lives, therefore more establishments offer it. This has helped chilled display cabinets gain new sales potential. Growing urbanisation has increased the demand for food storage and transport infrastructure. The rapid growth of quick-service restaurants around the world also offers great market opportunity. Rising per capita income, urbanisation, and women's labour force involvement are driving demand for QSRs (quick-service restaurant) faster than informal eating. Asia's quick-service restaurant economy, especially in India and China, will fuel demand for refrigerated display cases.
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The rise of supermarkets, hypermarkets, and convenience stores will also generate growth opportunities. These distribution systems need effective space use and interior upkeep. This increases the necessity for refrigerated display cabinets with remote condensers. This prevents heat loss and increases inventory space.Leading makers of refrigerated display cases work extensively in R&D to create more innovative and energy-efficient products. Trends that promote R&D include competitive pricing, boosting end-user satisfaction, and using advanced technologies. Recent technology advances, such as remotely positioned condensers, make these cases viable by preventing heat loss in the shop interior and allowing for extra storage capacity. Remote-controlled refrigerated display cabinets have minimal energy use and high user volume. The new IOT-enabled capability allows remote monitoring and control of RDCs.
Refrigerated display cabinets are developing eco-friendly refrigerants. Retailers are switching from open to closed display cabinets to reduce their environmental effect. EU F-gas legislation caps HFC refrigerants. Food stores may receive financial incentives if they moved from F-gases to natural refrigerants. Solar-powered screens are a market expansion possibility. Magnetic cooling, which employs water instead of the refrigerant gas that causes climate change, is an energy-efficient and environmentally benign alternative.
The high price of chilled display cabinets is expected to hinder market expansion. High electricity use and environmental concerns may hinder the market for chilled display cabinets.Technological advances and changing consumer tastes are driving product innovation and shifting trends in the global refrigerated display case market. These characteristics drive variety and experimentation. RFID implementation guarantees market growth. Retailers are battling with e-commerce to win more of the refrigerated goods market. Growing demand for chilled meals and emphasis on quality will drive market expansion throughout the forecast period. Advances in digital technology are reviving automated systems.
Growing demand from convenience stores, grocery stores, hypermarkets, and discount stores are boostingthe retail food and beverage businesses worldwide. The retail industry's recent growth has increased demand for chilled display cases. The design calls for more vertical cases.Continuing R&D in refrigeration display case (RDC) technology is needed to meet the growing demand for energy-efficient refrigerated cases in the commercial food service sector. Regulatory compliances and food safety concerns are driving the refrigerated display case market. Low awareness and limited adoption in less developed nations, as well as environmental concerns, hinder the refrigerated display case business. Main market businesses produce a variety of energy-efficient RDCs to fulfil the food industry's growing needs.
In 2021, plug-in refrigerated display cabinets dominated the market. Plug-in RDCs might be compact, wall-mounted refrigerated cases or curved glass display cases. Growing demand for bottled and carbonated drinks is expected to boost sales of plug-in bottle coolers. Plug-in RDCs are often used because they offer more storage at a reduced cost. That's why they're so popular. Customers enjoy these refrigerators since they're attractive and have high storage space. Europe and North America are major RDC markets. Most grocery stores and other retail and food service establishments in Europe have RDCs, which generates money for the overseas market.
2021's market was dominated by vertical RDCs. Vertical refrigerated display cabinets are popular since they take up less space and provide more products. They're also portable and low-maintenance. Because more people choose packaged and processed food, businesses display them in the transparent cabinets to attract customers. Due to product line advancements, LED lighting, and frost-free glassware cabinets give food a better aesthetic appeal. The food appears fresh, which influences a customer's purchasing choice.
Asia-Pacific will have the highest CAGR from 2023 to 2030. Advances in retail food practises in emerging nations may promote the adoption of refrigerated display cabinets. Rapid refrigerated storage industry growth in Asia-Pacific and the Middle East is expected to drive the global RDC market. In supermarkets and hypermarkets, RDCs are becoming common to ensure food safety. RDCs are used in the biomedical industry to store flowers and in grocery stores to maintain product safety and temperature.
Due to many market players, the refrigerated display case market is fragmented and competitive. Top players dominate two-thirds of the global market. New product development is the key to garner market share. Carrier, Danfoss, Frigoglass, and EptaS.p.a. are major companies. Dover, Haier, Arneg, Fagor Daikin Industries, Ltd. CAREL INDUSTRIES S.p.A.
