Market Overview:
The global commercial refrigerated cabinets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for refrigerated cabinets in restaurants, entertainment venues, and supermarkets. In terms of type, the global commercial refrigerated cabinets market is segmented into two display, three display, and four display segments. The three-display segment is expected to hold the largest share of the global commercial refrigerated cabinets market during the forecast period. This can be attributed to its growing popularity among end users owing to its ability to store more products as compared with other types of displays.
Product Definition:
A commercial refrigerated cabinet is a piece of equipment used in a business to store food or beverages that need to be kept cold. The importance of commercial refrigerated cabinets is that they keep food and beverages cold, which preserves them and prevents them from spoiling.
Two Display:
The two display is a device that can be attached to the side of refrigerated cabinets. It provides information such as temperature and time along with other useful details. The two displays are mostly used in commercial refrigerated cabinets which have high volume sales and service, for easy customer interaction.
Increasing demand for energy efficient systems has led to an increase in the use of smart Two Display devices across various industries such as food & beverage, pharmaceuticals among others.
Three Display:
Three display is a common term used in commercial refrigerated cabinets to define the equipment that provides temperature display and control functions. It comprises of at least one digital thermostat, one or more physical thermometers, and an electronic mechanism to connect the two. The most commonly used types are T-type (thermometer only) and Y-type (temperature & hygrometer).
Application Insights:
The market is segmented by application into a restaurant, entertainment venue, supermarket and others. The restaurant segment dominated the global commercial refrigerated cabinets market in 2017 owing to the rising number of restaurants across various regions globally. Moreover, increasing spending on food & beverage industry by companies including McDonald¢â‚¬â„¢s Corporation; Pizza Hut; Taco Bell; Kentucky Fried Chicken (KFC); and Wendy¢â‚¬â„¢s International Inc., among others is expected to drive growth over the forecast period.
The entertainment venues segment is anticipated to witness significant growth over the forecast period owing to an increase in demand for sports events such as boxing matches and MMA fights which require ice cold drinks during hot summer months. Furthermore, demand for beer at sporting events has been growing significantly due to its ability to enhance taste buds thus driving consumption of refrigerated cabinets at entertainment venues globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to increasing demand from countries such as China and India. In addition, rising disposable income of consumers and changing lifestyles are contributing towards increased demand for commercial refrigerated cabinets in this region.
North America is projected to be one of the fastest-growing regional markets during the same period owing to an increase in spending on foodservice establishments by companies such as McDonald’s Corporation; Burger King Corporation; Yum! Brands Inc.; and Starbucks Coffee Company.
Growth Factors:
- Increasing demand for processed and packaged food products
- Growing number of supermarkets and hypermarkets
- Rising disposable income of consumers
- Proliferation of convenience stores
- Technological advancements in refrigeration systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Refrigerated Cabinets Market Research Report
By Type
Two Display, Three Display, Four Display
By Application
Restaurant, Entertainment Venues, Supermarket
By Companies
Carrier Commercial Refrigeration, Haier, Hoshizaki International, Panasonic, Dover Corporation, Epta SpA, Zhejiang Xingxing, AHT Cooling Systems GmbH, Ali Group, Frigoglass, Aucma, Ugur Cooling, Metalfrio Solutions, Illinois Tool Works Inc, Liebherr, Arneg, Qingdao Hiron, True Manufacturing, YINDU KITCHEN EQUIPMENT, Auspicou
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Refrigerated Cabinets Market Report Segments:
The global Commercial Refrigerated Cabinets market is segmented on the basis of:
Types
Two Display, Three Display, Four Display
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Restaurant, Entertainment Venues, Supermarket
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Carrier Commercial Refrigeration
- Haier
- Hoshizaki International
- Panasonic
- Dover Corporation
- Epta SpA
- Zhejiang Xingxing
- AHT Cooling Systems GmbH
- Ali Group
- Frigoglass
- Aucma
- Ugur Cooling
- Metalfrio Solutions
- Illinois Tool Works Inc
- Liebherr
- Arneg
- Qingdao Hiron
- True Manufacturing
- YINDU KITCHEN EQUIPMENT
- Auspicou
Highlights of The Commercial Refrigerated Cabinets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Two Display
- Three Display
- Four Display
- By Application:
- Restaurant
- Entertainment Venues
- Supermarket
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Refrigerated Cabinets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial refrigerated cabinets are a type of commercial kitchen cabinet that is designed to store food. These cabinets typically have a number of compartments, each of which can hold different types of food. They are often used in restaurants and other businesses that need to store large quantities of food.
Some of the major players in the commercial refrigerated cabinets market are Carrier Commercial Refrigeration, Haier, Hoshizaki International, Panasonic, Dover Corporation, Epta SpA, Zhejiang Xingxing, AHT Cooling Systems GmbH, Ali Group, Frigoglass, Aucma, Ugur Cooling, Metalfrio Solutions, Illinois Tool Works Inc, Liebherr, Arneg, Qingdao Hiron, True Manufacturing, YINDU KITCHEN EQUIPMENT, Auspicou.
The commercial refrigerated cabinets market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Refrigerated Cabinets Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Commercial Refrigerated Cabinets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Refrigerated Cabinets Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Commercial Refrigerated Cabinets Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Commercial Refrigerated Cabinets Market Size & Forecast, 2018-2028
4.5.1 Commercial Refrigerated Cabinets Market Size and Y-o-Y Growth
4.5.2 Commercial Refrigerated Cabinets Market Absolute $ Opportunity
Chapter 5 Global Commercial Refrigerated Cabinets Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Commercial Refrigerated Cabinets Market Size Forecast by Type
5.2.1 Two Display
5.2.2 Three Display
5.2.3 Four Display
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Commercial Refrigerated Cabinets Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Commercial Refrigerated Cabinets Market Size Forecast by Applications
6.2.1 Restaurant
6.2.2 Entertainment Venues
6.2.3 Supermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Refrigerated Cabinets Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Refrigerated Cabinets Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Commercial Refrigerated Cabinets Analysis and Forecast
9.1 Introduction
9.2 North America Commercial Refrigerated Cabinets Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Commercial Refrigerated Cabinets Market Size Forecast by Type
9.6.1 Two Display
9.6.2 Three Display
9.6.3 Four Display
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Commercial Refrigerated Cabinets Market Size Forecast by Applications
9.10.1 Restaurant
9.10.2 Entertainment Venues
9.10.3 Supermarket
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Commercial Refrigerated Cabinets Analysis and Forecast
10.1 Introduction
10.2 Europe Commercial Refrigerated Cabinets Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Commercial Refrigerated Cabinets Market Size Forecast by Type
10.6.1 Two Display
10.6.2 Three Display
10.6.3 Four Display
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Commercial Refrigerated Cabinets Market Size Forecast by Applications
10.10.1 Restaurant
10.10.2 Entertainment Venues
10.10.3 Supermarket
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Commercial Refrigerated Cabinets Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Commercial Refrigerated Cabinets Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Commercial Refrigerated Cabinets Market Size Forecast by Type
11.6.1 Two Display
11.6.2 Three Display
11.6.3 Four Display
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Commercial Refrigerated Cabinets Market Size Forecast by Applications
11.10.1 Restaurant
11.10.2 Entertainment Venues
11.10.3 Supermarket
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Commercial Refrigerated Cabinets Analysis and Forecast
12.1 Introduction
12.2 Latin America Commercial Refrigerated Cabinets Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Commercial Refrigerated Cabinets Market Size Forecast by Type
12.6.1 Two Display
12.6.2 Three Display
12.6.3 Four Display
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Commercial Refrigerated Cabinets Market Size Forecast by Applications
12.10.1 Restaurant
12.10.2 Entertainment Venues
12.10.3 Supermarket
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Commercial Refrigerated Cabinets Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Commercial Refrigerated Cabinets Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Commercial Refrigerated Cabinets Market Size Forecast by Type
13.6.1 Two Display
13.6.2 Three Display
13.6.3 Four Display
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Commercial Refrigerated Cabinets Market Size Forecast by Applications
13.10.1 Restaurant
13.10.2 Entertainment Venues
13.10.3 Supermarket
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Refrigerated Cabinets Market: Competitive Dashboard
14.2 Global Commercial Refrigerated Cabinets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carrier Commercial Refrigeration
14.3.2 Haier
14.3.3 Hoshizaki International
14.3.4 Panasonic
14.3.5 Dover Corporation
14.3.6 Epta SpA
14.3.7 Zhejiang Xingxing
14.3.8 AHT Cooling Systems GmbH
14.3.9 Ali Group
14.3.10 Frigoglass
14.3.11 Aucma
14.3.12 Ugur Cooling
14.3.13 Metalfrio Solutions
14.3.14 Illinois Tool Works Inc
14.3.15 Liebherr
14.3.16 Arneg
14.3.17 Qingdao Hiron
14.3.18 True Manufacturing
14.3.19 YINDU KITCHEN EQUIPMENT
14.3.20 Auspicou
