Global Refrigerated Cabinet Market 2024-2028
The refrigerated cabinet market is forecasted to grow by USD 6710 mn during 2023-2028, accelerating at a CAGR of 3.34% during the forecast period. The report on the refrigerated cabinet market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand for energy-efficient models of commercial refrigeration equipment, technological development in refrigerated cabinet, and rise in tourism and hospitality sector.
Technavio's refrigerated cabinet market is segmented as below:
- By Product
- Storage cabinet
- Wine cabinet
- Others
- By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the growing preference for customized refrigerated cabinets as one of the prime reasons driving the refrigerated cabinet market growth during the next few years. Also, advances in refrigerator monitoring systems and growing preference for refrigerated cabinets with natural refrigerants will lead to sizable demand in the market.
The report on the refrigerated cabinet market covers the following areas:
- Refrigerated cabinet market sizing
- Refrigerated cabinet market forecast
- Refrigerated cabinet market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading refrigerated cabinet market vendors that include Africhill, Ali Group S.r.l., Carrier Global Corp., Coldline Srl, Daikin Industries Ltd., Dalucon Refrigeration Products CC, Dover Corp., Frigo DebtCo plc, Haier Smart Home Co. Ltd., Hengel Industrie, HOSHIZAKI Corp., Husky Corp., Illinois Tool Works Inc., Imbera, ISA Spa, LEEC Ltd., Liebherr International AG, Panasonic Holdings Corp., SCHOTT AG, and Viessmann Werke GmbH and Co. KG. Also, the refrigerated cabinet market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.