Aesthetics are a key factor in display case purchases.
CLEVELAND, Sept. 12,
2024 /PRNewswire/ -- A new report from Freedonia
Group, Global Commercial Refrigeration Equipment,
demand for display cases is projected to increase 5.6% per year
between 2023 and 2028 to nearly $12.4
billion. Increasing urbanization and personal income levels
in many industrializing nations around the world will drive the
construction of new convenience stores, grocery stores,
supermarkets, and other food and beverage retail outlets. Gains
will also be supported by:
- an increasing number of applications that utilize this
equipment, notably smaller and more specialized models
- the immense replacement needs of mature markets
- food and beverage trends – such as the growing demand for
refrigerated specialty health foods and beverages – will stimulate
the use of refrigerated display cases in higher income
countries
In addition, market value will be boosted by the shift toward
better performing models, as well as more environmentally friendly
refrigerated display cases (e.g., energy-efficient models).
Unlike for many types of commercial refrigeration equipment,
aesthetics are a key factor in display case purchases. Food
retailers believe that more appealing product displays raise sales,
especially in impulse purchase situations. The importance of
aesthetics in display case design provides opportunities for
product differentiation and creates incentives for suppliers to
develop versatile, unified product families. For example, to
increase product attractiveness, manufacturers have placed greater
emphasis on efficient lighting systems that provide even
distribution of light throughout the display case.
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SOURCE The Freedonia Group