Refrigerated display cases market seen reaching $37.1 billion by 2031

The global refrigerated display cases market is projected to grow from $13.0 billion in 2020 to $37.1 billion by 2031, driven by organized retail expansion, shifting food habits and food-safety demand. Europe leads the market now, while Asia-Pacific is expected to post the fastest growth through 2031. Why it matters: - Refrigerated display cases are core equipment for food retailers, hotels and cafes that need to store and display perishable products. - The market’s projected rise to $37,139.8 million by 2031 points to sustained demand for commercial refrigeration across global retail and foodservice. - Growth in energy-efficient and lower-emission designs also reflects pressure to cut operating costs and environmental impact. What happened: - Refrigerated display cases market size was valued at $12,985.7 million in 2020. - Allied Market Research projects the market will reach $37,139.8 million by 2031. - The forecast implies a 9.8% CAGR from 2022 to 2031. - Europe held 31.6% of global market revenue in 2020 and is expected to keep the lead through the forecast period. - Asia-Pacific is expected to grow the fastest, with a 9.9% CAGR through 2031. The details: - Refrigerated display cases are specialized refrigerators used to store and display perishable food products. - Common buyers include hypermarkets, supermarkets, hotels, cafes and similar food-and-beverage outlets. - The market is segmented by product type, product design and region. - Product types include plug-in RDCs and remote RDCs. - Plug-in RDCs held about 7% revenue share in 2020. - The plug-in segment benefited from lower operating costs, shorter installation time and higher energy efficiency. - The report links demand growth to expansion of organized retail, changing food preferences, evolving lifestyles and higher disposable incomes. - New development in small-scale food and retail businesses, plus stronger food-safety concerns, is also expected to support demand. - North America and Europe are adopting compressor-design changes in response to greenhouse-gas emissions from existing RDCs, including CFCs and HFCs. - Key companies in the market include Metalfrio Solutions, Lennox International, Dover, Illinois Tool Works, Hussmann, AHT Cooling Systems, Epta, Frigoglass, Hoshizaki International, ISA Italy and Verco. - Product launches and mergers and acquisitions are the main strategies used by leading players. - Companies are focusing on energy-efficient and eco-friendly RDCs. - Acquisitions and collaborations with new entrants are being used to defend market positions. - The report includes a sample request link, a purchase-enquiry link and references to other Allied Market Research reports: Request sample copy , Buy now , Enquire more , Point-of-entry water treatment systems market and Residential washing machine market . Between the lines: - Europe’s current lead suggests mature retail infrastructure and established demand for refrigerated merchandising. - Asia-Pacific’s faster growth rate signals more room for supermarket and hypermarket expansion, along with rising cold-chain adoption. - The shift toward eco-friendly refrigeration suggests regulation and operating costs are becoming stronger competitive factors. What’s next: - The market is expected to expand steadily through 2031 as retail formats, foodservice outlets and cold-chain requirements grow. - Manufacturers are likely to keep prioritizing energy efficiency, lower-emission systems and product launches to stay competitive. - Regional leadership is likely to remain stable unless Asia-Pacific’s growth outpaces Europe’s longer-term market base.