Market Overview:
The global 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 refrigerated counters in the household, commercial, and industrial applications. In addition, the growing trend of miniaturization is also contributing to the growth of this market. On the basis of type, refrigerator counters are expected to account for a larger share than freezer counters in terms of revenue during the forecast period. This can be attributed to their higher adoption rates in both commercial and industrial applications as compared to freezer counters.
Product Definition:
Refrigerated Counters provide a place to store food that needs to be kept cold. They are important because they keep food from spoiling and help maintain a safe environment for food preparation.
Refrigerator Counter:
Refrigerator counter is a component of refrigerated display cases or refrigerators that displays products in the retail store. It helps to increase sales and profit margins by displaying various food items such as dairy, frozen, chilled and ambient products. The Refrigerator Counter has become an important marketing tool for retailers to promote their brand image along with increasing sales volume in the retail market.
Freezer Counter:
A freezer counter is a device used to display the frozen food items in retail freezers. It consists of a metal or glass shelf on which are mounted various electronic components such as temperature sensors, LED indicators and so on. The product helps in maintaining the quality of food by preventing it from spoilage due to cold temperatures.
The global market for refrigerator counters is expected to witness significant growth over the forecast period owing to increasing demand for energy-efficient appliances with improved aesthetics and features.
Application Insights:
The commercial application segment held the largest share of over 70.0% in 2017. The growth can be attributed to the increasing number of restaurants, hotels and food chains across the globe. Refrigerated counters are widely used in commercial applications as they offer a wide range of features including advanced cooling systems, customized options and interactive digital touch-screen displays for easy product selection and ordering. Moreover, these systems help reduce counter clutter by organizing products into categories such as dairy, produce and meat items along with their respective temperatures for easy perusing through data provided at a glance by LED lighting system integrated within them.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well. This can be attributed to increasing demand for convenient food storage solutions and rising adoption of smart appliances in commercial spaces. Asia Pacific, on the other hand, is anticipated to witness significant growth over the coming years owing to rapid urbanization and growing population across countries such as China, India, Japan and South Korea among others. Moreover, improving living standards are also likely to spur regional product demand during the forecast period.
Growth Factors:
- Increasing demand for fresh and healthy food: The global population is growing at a rapid pace and with it the demand for fresh, healthy, and nutritious food. This is driving the growth of the refrigerated counters market as these counters provide an ideal environment to store perishable food items.
- Rising disposable income: A rise in disposable income leads to an increase in spending on luxury goods such as refrigerated counters. This is providing a boost to the market growth.
- Urbanization: Rapid urbanization is leading to an increase in the number of households that have access to refrigerated counters, thereby driving market growth.
- Technological advancements: The introduction of new technologies such as smart refrigerators has led to an increase in demand for refrigerated counters, thus propelling market growth further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Refrigerated Counters Market Research Report
By Type
Refrigerator Counter, Freezer Counter
By Application
Household, Commercial, Industrial
By Companies
Inomak, Precision Refrigeration, ITW, Arctic Air, MEC, IGLOO, Carrier, Hangzhou Luret Refrigeration Technology, Williams Refrigeration, Porkka, Inomak
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Refrigerated Counters Market Report Segments:
The global Refrigerated Counters market is segmented on the basis of:
Types
Refrigerator Counter, Freezer Counter
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
Household, Commercial, Industrial
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:
- Inomak
- Precision Refrigeration
- ITW
- Arctic Air
- MEC
- IGLOO
- Carrier
- Hangzhou Luret Refrigeration Technology
- Williams Refrigeration
- Porkka
- Inomak
Highlights of The 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:
- Refrigerator Counter
- Freezer Counter
- By Application:
- Household
- Commercial
- Industrial
- 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 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Refrigerated counters are a type of countertop that is kept at a low temperature to help preserve food.
Some of the major players in the refrigerated counters market are Inomak, Precision Refrigeration, ITW, Arctic Air, MEC, IGLOO, Carrier, Hangzhou Luret Refrigeration Technology, Williams Refrigeration, Porkka, Inomak.
The 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 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 Refrigerated Counters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 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 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 Refrigerated Counters Market Size & Forecast, 2018-2028
4.5.1 Refrigerated Counters Market Size and Y-o-Y Growth
4.5.2 Refrigerated Counters Market Absolute $ Opportunity
Chapter 5 Global 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 Refrigerated Counters Market Size Forecast by Type
5.2.1 Refrigerator Counter
5.2.2 Freezer Counter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Refrigerated Counters Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 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 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 Refrigerated Counters Analysis and Forecast
9.1 Introduction
9.2 North America 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 Refrigerated Counters Market Size Forecast by Type
9.6.1 Refrigerator Counter
9.6.2 Freezer Counter
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 Refrigerated Counters Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.10.3 Industrial
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 Refrigerated Counters Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Refrigerated Counters Market Size Forecast by Type
10.6.1 Refrigerator Counter
10.6.2 Freezer Counter
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 Refrigerated Counters Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.10.3 Industrial
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 Refrigerated Counters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Refrigerated Counters Market Size Forecast by Type
11.6.1 Refrigerator Counter
11.6.2 Freezer Counter
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 Refrigerated Counters Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.10.3 Industrial
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 Refrigerated Counters Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Refrigerated Counters Market Size Forecast by Type
12.6.1 Refrigerator Counter
12.6.2 Freezer Counter
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 Refrigerated Counters Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.10.3 Industrial
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) Refrigerated Counters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Refrigerated Counters Market Size Forecast by Type
13.6.1 Refrigerator Counter
13.6.2 Freezer Counter
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) Refrigerated Counters Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.10.3 Industrial
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 Refrigerated Counters Market: Competitive Dashboard
14.2 Global Refrigerated Counters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Inomak
14.3.2 Precision Refrigeration
14.3.3 ITW
14.3.4 Arctic Air
14.3.5 MEC
14.3.6 IGLOO
14.3.7 Carrier
14.3.8 Hangzhou Luret Refrigeration Technology
14.3.9 Williams Refrigeration
14.3.10 Porkka
14.3.11 Inomak
