ALBANY, N.Y. — According to a new market report “Refrigerated Display Cases (Plug-in and Remote) Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2013 - 2019,” published by Transparency Market Research, the global market for refrigerated display cases is forecast to reach $16.3 billion by 2019. This market growth is driven by increased demand for replacement units and new equipment from the retail sector across the globe. Use of refrigerated display cases as merchandisers and storage alternatives is seen as an emerging trend and is expected to drive market growth in the near future.
The global refrigerated display case market was valued at $8.8 billion in 2012 and is expected to almost double in the next six years. The proliferation of the retail network and the rise in consumer spending on convenience products, coupled with development of improved and technologically advanced refrigeration systems, is influencing the way refrigerated display cases are being adopted across the food and beverage and retail industry. The biomedical sector too is seeing increased usage of sophisticated display cases with critical temperature control features.