Showing posts with label Refrigerated Display Cases (RDCs) and Chilled Rooms Market. Show all posts
Showing posts with label Refrigerated Display Cases (RDCs) and Chilled Rooms Market. Show all posts

20 Feb 2015

Refrigerated Display Cases (RDCs) and Chilled Rooms Market Expected to Cross US$ 43.2 Bn by 2020

According to a new market report published by Transparency Market Research “Refrigerated Display Cases (RDCs) and Chilled Rooms Market  - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” the global RDCs and chilled rooms market collectively, in terms of revenue, was valued at US$ 21.9 Bn in 2013 and is forecast to grow at a CAGR of 10.5% during the period 2014 to 2020. The aggregate unit shipment for the RDCs and Chilled rooms was 5.7 million units in 2013 and is expected to reach 12.0 million units by 2020. Proliferation of cold chain, food retail industry, stringent food safety and quality regulations and rising demand for frozen food coupled with technology advancement to reduce energy consumed by RDCs and chilled rooms, is influencing the growth of RDCs and chilled rooms in the global market. High initial purchase price and growing online retail industry are expected to challenge the market growth through the forecast period. 

Browse the full Refrigerated Display Cases (RDCs) and Chilled Rooms Market (Plug-in and Remote RDCs; Vertical, Horizontal, and Hybrid RDCs; Walk-in Cooler Rooms, Walk-in Freezers Rooms and Walk-in Hybrid Rooms) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at http://www.transparencymarketresearch.com/refrigerated-display-cases-chilled-rooms-market.html

RDCs are classified into two types, viz. plug-in RDCs and Remote RDCs. Plug-in RDCs accounted for the largest product category in terms of both revenue and volume in 2013, with former accounting for larger share. Benefits of plug-in RDCs such as capital cost saving, mobility, reduced time to install, and low are influencing adoption of these equipment in large size stores compared to remote RDCs. Based on product design, RDCs are also categorized into vertical - front open, horizontal - top open and others (semi-vertical/hybrid). The Vertical front open RDCs accounted for 59.8% revenue share of the global RDCs market. Horizontal - top open or island RDCs and semi-vertical RDCs are expected to observed relatively slow growth through the forecast period. Benefits of plug-in RDCs such as low floor space requirement and efficient cooling are expected to help the product segment to maintain its dominating position in the global market.  

Based on design, the global chilled rooms market is classified into walk-in coolers, walk-in freezers, and walk-in hybrid rooms. Walk-in cooler is the largest as well as the fastest product category in the global chilled rooms markets and is expected to maintain its dominant position through the forecast period 2014 - 2020. The product segment is estimated to see rise in revenue and volume share by approximately 83.3% during the forecast period, while revenue growth marginally trailing the increase in volume shipments, due to potential price decline. Factors such as the rising need to reduce food wastage, and investment in cold chain industry to support agri-business and improve the efficiency of food processing sector, are expected to fuel the demand for walk-in coolers, particularly in India, China, Russia, Australia, South Africa, and other developing markets for walk-in coolers.

Asia Pacific is the largest as well as the fastest growing regional market in the global refrigerated display cases and chilled rooms market, with demand primarily fueled by growing retail sector, particularly in India and China. North America and Europe are expected to observe relatively slow growth and majority of revenue is expected from replacement market due to stringent energy consumption policies in these regions. 


The global RDCs market is highly fragment market and comprises large number of global and regional players. Frigoglass, Dover Corporation, Manitowoc Company, Inc., Hoshizaki International and United Technologies Corporation are some of the leading players in the RDCs and chilled rooms market. Mergers and acquisitions, product line expansion and strengthening of distribution network, are some of the key strategies, followed by leading players to gain competitive advantage over their rivals.  

This report analyzes the global refrigerated display cases and chilled rooms market in terms of revenue (US$ million and Thousand units). The market has been segmented as follows:

Refrigerated Display Cases Market, By Product Type (refrigeration system):

  • Plug-in (self-contained)
  • Remote 

Refrigerated Display Cases Market, By Product Design:

  • Vertical – front open 
  • Horizontal – top open (island)
  • Others (Hybrid/semi-vertical)
  • Chilled Rooms Market, By Product Type:
  • Chilled Walk-in Cooler Rooms 
  • Chilled Walk-in Freezers Rooms
  • Hybrid Walk-in Cooler Rooms

Refrigerated Display Cases and Chilled Rooms Market, By Geography:

  • North America
  • Europe
  • Asia Pacific
  • Rest of World (RoW)

 

Copyright @ 2015 Market Trends Reports.