Market Overview:
The global commercial refrigerated counters 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 food and beverages, rising disposable income, and growing number of restaurants and entertainment venues. In terms of type, the global commercial refrigerated counters market is segmented into two display, three display, four display, and others segments. The three-display segment is expected to hold the largest share in the global commercial refrigerated counters market during the forecast period owing to its high demand from restaurants and entertainment venues. In terms of application, the restaurant segment is expected to hold a major share in this market due to an increase in spending on food by consumers across regions.
Product Definition:
A commercial refrigerated counter is a piece of equipment used in a food service or retail setting to store and display food items. They are typically used in restaurants, delis, grocery stores, and convenience stores. Commercial refrigerated counters are important because they keep food items cold and fresh, which helps to preserve their quality and extend their shelf life.
Two Display:
The two display market is expected to grow at a CAGR of XX% in the commercial refrigerated counters market. The growth can be attributed to factors such as automation, touch technology and customer preference for visual aids while shopping.
Visual marketing aids are becoming an integral part of retail business strategies and thereby influencing buying decisions of customers.
Three Display:
The three display is a device used to show the temperature of refrigerated cabinets in commercial places. It helps the user to maintain and check the inventory of food products stored in refrigerators. The product has an LCD that displays either as Fahrenheit or Celsius and also shows percentage sign, date & time, day & month information along with alert signals.
It's working principle is based on infrared sensors placed at each end of its probe which absorbs light energy from refrigerator cabinet.
Application Insights:
The market is segmented by application into a restaurant, entertainment venue, and supermarket. The restaurant segment dominated the global commercial refrigerated counters market in 2017 owing to increasing demand for quick service restaurants (QSRs) across the globe. QSRs are widely used as a cold storage facility at food processing plants and distribution centers. They are also used at dine-out locations including hotels, airports lounges, railway stations and shopping malls where fresh or frozen foods are served directly to the customer's table.
The growing popularity of fast food has led to an increase in its production quantity over the past few years especially in China and India which is expected to drive growth over the forecast period for this application type.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance throughout the forecast period owing to high product demand from various end-use industries, such as retail and restaurant industry. In addition, increasing number of restaurants and retail outlets are expected to drive the regional market growth over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regions during the same period owing to rapid development in China and India. Growing population coupled with rising disposable income will boost commercial space adoption across these countries which will further propel regional growth over next eight years. Europe also held a significant share in terms of revenue due to growing tourism sector especially in Spain, Italy, France, Germany and U.K.
Growth Factors:
- Increasing demand for processed and packaged food products
- Rising disposable income of consumers
- Proliferation of convenience stores and supermarkets
- Growing trend of eating out at restaurants and cafes
- Technological advancements in refrigeration systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Refrigerated Counters 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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Refrigerated Counters Market Report Segments:
The global Commercial Refrigerated Counters 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 Counters 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 Counters 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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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 counters are a type of food service counter that is typically found in restaurants and other commercial settings. These counters are designed to store large quantities of food, and they often have features such as freezer sections, warming areas, and prep areas.
Some of the major companies in the commercial refrigerated counters 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 counters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Refrigerated Counters 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 Counters Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Commercial Refrigerated Counters 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 Counters 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 Counters Market Size & Forecast, 2018-2028 4.5.1 Commercial Refrigerated Counters Market Size and Y-o-Y Growth 4.5.2 Commercial Refrigerated Counters Market Absolute $ Opportunity
Chapter 5 Global Commercial Refrigerated Counters 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 Counters 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 Counters 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 Counters 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 Counters 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 Counters 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 Counters Analysis and Forecast
9.1 Introduction
9.2 North America Commercial Refrigerated Counters 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 Counters 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 Counters 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 Counters Analysis and Forecast
10.1 Introduction
10.2 Europe Commercial Refrigerated Counters 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 Counters 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 Counters 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 Counters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Commercial Refrigerated Counters 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 Counters 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 Counters 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 Counters Analysis and Forecast
12.1 Introduction
12.2 Latin America Commercial Refrigerated Counters 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 Counters 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 Counters 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 Counters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Commercial Refrigerated Counters 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 Counters 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 Counters 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 Counters Market: Competitive Dashboard
14.2 Global Commercial Refrigerated Counters 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