Share Of Multi-Deck Refrigerated Display Cases Market Is Anticipated To Register A CAGR Of 5.6% During The Period Between 2022 And 2032

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Global sales of multi-deck refrigerated display cases are set to be valued at over US$ 5,937.1 Mn in 2022, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). The report estimates the market to expand at over 5.6% CAGR from 2022-2032.the global share of multi-deck refrigerated display cases market to exhibit year-on-year growth of 4.9% in 2022 reaching a value of about US$ 5,937.1 Mn by 2022.

The growing reliance on food and beverage storage and transportation has increased significantly. Furthermore, the increase in the number of quick service restaurants is creating a favourable environment for the sale of multi-deck refrigerated display cases.

The urban segment is the largest contributor to the overall revenue generated by the FMCG sector. Many FMCG products have a limited shelf life and thus require refrigeration. Due to this demand for multi-deck refrigerated display cases is rising.

To Know more@

https://www.futuremarketinsights.com/reports/refrigerated-display-cases-industry-market

 

The increased use of multi-deck refrigerated display cases in the retail food and beverage sector will aid market growth. Increasing disposable income as a result of economic growth has fueled consumer spending in a variety of developing economies. As a result, the growing number of middle-class consumers, as well as their increased brand awareness, have been driving the food and grocery retail sector.

Key Takeaways from Multi-Deck Refrigerated Display Cases Market Study

  • By end-use, retail food and beverage sector is projected to hold over 74% volume share in the global market in 2022.
  • The remote multi-deck refrigerated display cases will remain top-selling product category, accounting for 62% of the market share.
  • Europe and North America will remain a primary markets and are expected to account for over 51% of the demand by 2022.
  • By Case Type, Gravity Coil is most commonly used in Multi-Deck Refrigerated Display. It is used to keep the product cold through convection heat transfer.
  • Leading multi-deck refrigerated display cases market players are improving their manufacturing capabilities in order to offer faster deliveries to customers. Procurement, collaboration & partnership are among the key strategies that will encourage market participants to strengthen their presence.

“The trend of integrating advanced technologies like digital twin and IOT will positively affect growth in the market. Sales of multi-deck refrigerated display cases will grow as number of supermarket and hypermarkets increases globally,” says a Future Market Insights analyst.

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Global Multi-Deck Refrigerated Display Cases Market by Category

By Type, the Global Multi-Deck Refrigerated Display Cases Market is segmented as:

  • Plug-In Multi-Deck Refrigerated Display Case
  • Semi Plug-In Multi-Deck Refrigerated Display Case
  • Remote Multi-Deck Refrigerated Display Case

By Width, the Global Multi-Deck Refrigerated Display Cases Market is segmented as:

  • Up to 4ft Multi-Deck Refrigerated Display Case
  • 4 to 6ft Multi-Deck Refrigerated Display Case
  • 6 to 10ft Multi-Deck Refrigerated Display Case
  • Above 10ft Multi-Deck Refrigerated Display Case

By End-Use, the Global Multi-Deck Refrigerated Display Cases Market is segmented as:

  • Food Service Sector
    • Quick Service Restaurants
    • Bakeries
    • Hotels
    • Others
  • Retail Food and Beverage Sector
  • Fuel Station Stores
  • Hypermarkets
  • Supermarkets
  • Discount Stores

By Case Type, the Global Multi-Deck Refrigerated Display Cases Market is segmented as:

  • Forced Air Type Multi-Deck Refrigerated Display Case
  • Gravity Coil Type Multi-Deck Refrigerated Display Case

By Region, the Global Multi-Deck Refrigerated Display Cases Market is segmented as:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • The Middle East and Africa
  • China
  • Japan
  • South Korea
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