The global refrigerated display cases market, valued at USD 37.2 billion in 2024, is projected to reach USD 66 billion by 2034, according to a new report by Research and Markets. The market is growing at a compound annual growth rate (CAGR) of 6%, driven by increasing demand for energy-efficient refrigeration and heightened focus on food safety across retail and hospitality sectors.
Retail stores accounted for 56.1% of the total market share in 2024 and are expected to generate USD 38.3 billion by 2034. This growth is attributed to rising investment in refrigeration units designed to preserve product freshness while complying with environmental regulations. These units often feature smart cooling technologies, energy-efficient compressors, and LED lighting systems to reduce operational costs and energy use.
Plug-in units were the most popular product category in 2024, generating USD 15.2 billion. Their independent operation, mobility, and ease of installation make them suitable for small retail outlets and temporary setups. The growing number of small and medium-sized businesses globally is expected to sustain demand for these systems.
In the United States, the refrigerated display cases market reached USD 9.7 billion in 2024, supported by the country’s strong food retail and processing industries. The expansion of supermarkets, convenience stores, and food service businesses is increasing demand for advanced refrigeration systems that offer both reliability and energy efficiency.
Technological advancements such as IoT integration, automated temperature monitoring, and smart energy-saving features are further boosting adoption. These innovations help operators enhance efficiency while maintaining the quality of temperature-sensitive products.
The report includes analysis of industry trends, market segmentation by product type and application, and competitive dynamics across regions, along with company profiles of key players such as Arneg S.P.A, Daikin Industries, Danfoss, EPTA, and Hussmann Corporation.