International. A new report from Transparency Market Research states that the global refrigerated display case market will expand at a compound annual growth rate (CAGR) of 9.6% from 2013 to 2019. In 2013, the market stood at US$8.78 billion and is expected to reach US$16.283 billion in 2019.
Refrigerated display cases/cabinets (RDCs) are refrigerators or freezers that have been specially designed for viewing, as well as storing products and products that need to be stored frozen or refrigerated because they are temperature sensitive foods.
Due to the growing number of coffee shops, bakery outlets, restaurants and retail stores, there has been a change in the habits of food consumers, which has stimulated the DRC market. In addition, increased disposable income has also led to demand from the DRCs.
In geographical terms, the RDC market is segmented into Europe, North America, Asia Pacific, and the rest of the world (ROW). Among these, Asia Pacific represents a high potential for expansion of the DRC market, as the economic growth of this region is on the rise. In this case, the commercial sector, especially restaurants, catering, hotels and retail sites, is expanding rapidly, resulting in increased demand from the DRCs of this region.
On the other hand, Europe and North America are witnessing great competition due to these regions having a strong brand predominance, namely Omega Refrigeration, Arctica Showcase Canada Ltd and ISF Group, among others.
