Refrigerated Display Cases Market Size, Share and Trends 2024 to 2034

The global refrigerated display cases market size accounted for USD 10.17 billion in 2024, grew to USD 10.76 billion in 2025 and is expected to be worth around USD 17.9 billion by 2034, registering a CAGR of 5.82% between 2024 and 2034.

  • Last Updated : 21 Oct 2024
  • Report Code : 5151
  • Category : Consumer Goods

Refrigerated Display Cases Market Size and Forecast 2024 to 2034

The global refrigerated display cases market size is calculated at USD 10.17 billion in 2024 and is projected to surpass around USD 17.9 billion by 2034, expanding at a CAGR of 5.82% from 2024 to 2034. The demand for refrigerated display cases is increasing with the rising demand for frozen food products. Moreover, with the rapid expansion of the food industry, the need for refrigerators is rising, thus propelling the refrigerated display cases market’s growth. 

Refrigerated Display Cases Market Size 2024 to 2034

Refrigerated Display Cases Market Key Takeaways

  • Europe dominated the refrigerated display cases market in 2023. 
  • Asia Pacific is anticipated to grow at a significant growth in the market during the forecast period.
  • By product, the plug-in refrigerated display segment dominated the market in 2023.
  • By product, the remote refrigerated display segment is projected to expand rapidly over the studied period.
  • By product design, the vertical segment led the market in 2023.
  • By product design, the horizontal segment is projected to grow rapidly in the market in the coming years.

Market Overview

The refrigerated display cases refer to the cold storage type. These types of refrigerated display cases are specially designed for storing and preserving food products at the required temperature. They come in different designs and efficiencies. There is a high demand for refrigerated display cases in the food & beverage industry. Different types of refrigerated display cases are available in the market, which include semi-plug-in, plug-in, water loop, remote, and chilled air refrigerated display cases. The market is expected to expand at a rapid pace due to the rising demand for frozen food products.

Impact of AI on the Refrigerated Display Cases Market

There is a trend of integrating Artificial Intelligence (AI) features into consumer electronics for better efficiency. However, integrating AI algorithms into refrigerators revolutionizes their operations. AI helps in the basic operations of the refrigeration system. It has the ability to optimize the cooling system of refrigerated display cases, reducing energy consumption. It monitors the performance of refrigeration units and predicts equipment failures. The evolution of AI-driven refrigeration with temperature control systems and the rising investment by manufacturers to integrate new technologies into refrigeration systems further propel the market.

  • For instance, in December 2023, Samsung, a South Korean technology giant, announced the launch of a smart fridge featuring AI capabilities. The company is planning to launch the product at CES 2024. This fridge has an internal camera that can identify individual food items.

Refrigerated Display Cases Market Growth Factors

  • Rising demand in the food industry: With the rising demand for frozen food and beverages, the demand for refrigerated display cases is increasing in the food & beverage industry.
  • Busy lifestyle: Due to people's busy lifestyles, the consumption of packaged or canned food products is increasing, which boosts the market growth.
  • Technological advancements: Rising technological advancements in consumer electronics and integration of smart technologies in refrigerators are boosting the growth of the market. 
  • Rise in urbanization: Rising urbanization and busy lifestyles are causing higher consumption of frozen food, thus boosting the demand for refrigerated display cases in the food industry.

Market Scope

Report Coverage Details
Market Size by 2034 USD 17.9 Billion
Market Size in 2024 USD 10.17 Billion
Market Size in 2025 USD 10.76 Billion
Market Growth Rate from 2024 to 2034 CAGR of 5.82%
Largest Market Europe
Base Year 2023
Forecast Period 2024 to 2034
Segments Covered Product, Product Design, and Regions
Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East & Africa

Market Dynamics

Driver

Rapid expansion of the food service industry and retail sector

The food service industry is expanding rapidly across the globe, with a rising number of restaurants, bakeries, and cafes. However, the demand for efficient refrigeration systems for storing and preserving food and beverage products is on the rise. In addition, the expansion of hypermarkets and supermarkets in developing regions is boosting the demand for refrigerated display cases. These cases are also gaining popularity in hospitals, medical facilities, and pharmacies for storing medicines. 

Restraint

High cost

Refrigerated display cases are much expensive. They consume a lot of energy and require regular maintenance, which further increases their operational costs. These factors deter small stores from adopting these systems, thus limiting their adoption and hampering the growth of the market.

Opportunity

Rising technological advancements and the increasing trend of dine out

Rising technological advancements in consumer electronics create immense opportunities for key players competing in the market. Thus, market players are focusing on integrating smart features and AI technologies to appeal to retailers. Moreover, due to the busy lifestyles, more people are opting for dine-out and demanding fresh frozen food and beverages. This significantly boosts the adoption of energy-efficient refrigeration systems among cafes and restaurants to store food.

Product Insights

The plug-in refrigerated display segment dominated the market in 2023. This is due to the increasing demand for plug-in refrigerators in domestic and commercial applications. Plug-in refrigerators are the traditional refrigeration system type widely used in households or beverage shops. The display cases are wall-mounted for opening and kept on the floor. The rising demand for bottled drinks further boosts the segment.

The remote refrigerated display segment is projected to expand rapidly over the studied period. The segment growth is attributed to the rising demand for remote refrigerated display cases from supermarkets and grocery stores for displaying and preserving food and drinks. Small businesses like butcher shops and retailers like bakeries heavily use remote refrigerated display cases. The increasing demand for meat and bakery products significantly fuels the segment growth.

Product Design Insights

The vertical segment dominated the refrigerated display cases market with the largest share in 2023. This is mainly due to the rising adoption of vertical refrigerated display cases by small stores and restaurants with compact spaces. These display cases are easy to move from one part to another and do not require regular maintenance. They are used to showcase or display food and beverage products at the billing counter.

The horizontal segment is projected to grow rapidly in the market in the coming years. Horizontal refrigerated display cases are gaining popularity in restaurants, bakeries, grocery stores, schools, and airports for displaying food products. They have a larger capacity for storage and increased temperature control than vertical refrigerated display cases, thus contributing to their increased adoption.

Regional Insights

Europe dominated the refrigerated display cases market with the largest share in 2023. This is mainly due to the rising consumption of frozen food products, like meat, vegetables, milk, and beverages. Refrigerated display cases help store frozen food and preserve it for a long period of time. The rapid expansion of the food processing industry is boosting the demand for refrigerated display cases. In addition, with the rising per-capita income, the demand for packaged food increased, significantly bolstering the market in the region.

Asia Pacific is anticipated to grow at a significant growth in the refrigerated display cases market during the forecast period. The growth of the market is owing to the rising population and urbanization in countries such as India and China. The demand for fresh and frozen food is on the rise in these countries. Moreover, the expansion of the food industry, with the rising number of retailers, specialty stores, and supermarkets, is boosting the demand for refrigerated display cases for preserving, storing, and displaying products, which accelerates the growth of the refrigerated display cases market in the region.

Refrigerated Display Cases Companies

Refrigerated Display Cases Market Companies

  • Lennox International
  • Daikin Industries, Ltd.
  • EPTA S.P.A Refrigeration, 
  • Hoshizaki International
  • Arneg S.P.A
  • Illinois Tool Works Inc.
  • Danfoss A/S
  • Hussmann Corporation
  • Carrier Corporation
  • Aht cooling systems gmbh
  • Metalfrio Solutions S.A.
  • Haier Group
  • Verco Limited
  • Frigoglass S.A.I.C.
  • Dover Corporation

Recent Developments

  • In April 2024, AHT, a member of Daikin group and manufacturer of commercial refrigerated cases, launched the BOREA, its latest propane (R290) refrigerated multideck case. The case is available in the semi-plug-in (SPI) and plug-in models. 
  • In November 2023, Anthony, a leading manufacturer of freezer doors, display equipment, and glass refrigerator lighting systems for commercial refrigeration systems, launched the Automatic Beer Cave Door for Walk-In Cooler applications. The door features a motion sensor on interior and exterior, allowing for easy two-way traffic and a better customer experience.

Segments Covered in the Report

By Product

  • Plug-in Refrigerated Display
  • Remote Refrigerated Display

By Product Design

  • Vertical
  • Horizontal
  • Hybrid and Semi-vertical 

By Geography

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

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Frequently Asked Questions

The global refrigerated display cases market size is expected to grow from USD 10.17 billion in 2024 to USD 17.9 billion by 2034.

The refrigerated display cases market is anticipated to grow at a CAGR of 5.82% between 2024 and 2034.

The major players operating in the refrigerated display cases market are Lennox International, Daikin Industries Ltd., EPTA S.P.A Refrigeration, Hoshizaki International, Arneg S.P.A, Illinois Tool Works Inc., Danfoss A/S, Hussmann Corporation, Carrier Corporation, Aht cooling systems gmbh, Metalfrio Solutions S.A., Haier Group, Verco Limited, Frigoglass S.A.I.C., Dover Corporation, and Others.

The driving factors of the refrigerated display cases market are the rising demand for frozen food and beverages and rising number of restaurants, bakeries, and cafes.

Europe region will lead the global refrigerated display cases market during the forecast period 2024 to 2034.

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