International. According to a study by Transparency Market Research, the global refrigerated display case market is being promoted in large part due to the growing network of retail stores, a changing consumer lifestyle opting for convenient food choices, and a growing number of people with increasing disposable income.
Vertical or front-opening refrigerated display cases/cabinets are expected to hold 67.8% of the market share in the forecast period of the 2013-2019 report.
The geographical segmentation employed by the report for the global market of this class of equipment shows that Asia Pacific is the most promising region. It is expected to grow at a compound annual growth rate (CAGR) of 11.3% from 2013 to 2019. Emerging countries in this region are fostering market growth due to their expanding business sectors, including hotels, restaurants, and catering. Commercial sectors are showing great demand for cold goods.
North America and Europe are currently saturated regions in this global market. They adjust to experiencing strong competition from other regions due to a pronounced difference in growth rates.