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Global Refrigerated Cabinet Market 2016-2020

  • Executive summary
    • Highlights
  • Scope of the report
    • Scope of study
      • Table Market size calculation
    • Geographical segmentation
    • Vendor segmentation
    • Common currency conversion rates
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Various refrigerants used in refrigerated cabinets
      • Table Comparative analysis of synthetic and natural refrigerants
      • Table Materials used in the production of refrigerated cabinets
      • Table Factors affecting the growth of microorganisms
      • Table Global refrigeration market: An overview
      • Table Overview of global refrigerated cabinet market 2015
  • Market landscape
    • Global refrigerated cabinet market
      • Table Global refrigerated cabinet market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Product life cycle analysis
    • Global refrigerated cabinet market: Product life cycle analysis
      • Table Global refrigerated cabinet market: Product lifecycle analysis 2015
      • Table Global refrigerated cabinet market by product segment: Lifecycle
  • Market segmentation by product
    • Global refrigerated cabinet market by product
      • Table Global refrigerated cabinet market by product: Overview
      • Table Global refrigerated cabinet market by product 2015
    • Global refrigerated storage cabinet market
      • Table Types of refrigerated storage cabinets
      • Table Storage refrigerated cabinets: End-user industries
      • Table Global refrigerated storage cabinet market 2015-2020 ($ billions)
      • Table EU regulations on refrigerated storage cabinets
    • Global refrigerated wine cabinet market
      • Table Global wine consumption: Demographic trends 2013 and 2015
      • Table Global refrigerated wine cabinet market 2015-2020 ($ billions)
    • Global market for other refrigerated cabinets
      • Table Global market for other refrigerated cabinets 2015-2020 ($ billions)
  • Geographical segmentation
    • Global refrigerated cabinet market by geography
      • Table Global refrigerated cabinet market by geography 2015
      • Table Revenue outlook for select countries 2020
    • Refrigerated cabinet market in APAC
      • Table Market dynamics of APAC
      • Table Average disposable income: India and China 2012-2015
      • Table Urban population in APAC 2015 and 2020 (% of overall population)
      • Table Refrigerated cabinet market in APAC 2015-2020 ($ billions)
    • Refrigerated cabinet market in Europe
      • Table Market dynamics in Europe
      • Table Wine consumption in Europe versus ROW 2000 and 2015
      • Table Refrigerated cabinet market in Europe 2015-2020 ($ billions)
    • Refrigerated cabinet market in North America
      • Table Market dynamics of North America
      • Table Wine consumption in US by age 2015
      • Table Cremation rate in US 2015-202
      • Table Refrigerated cabinet market in North America 2015-2020 ($ billions)
    • Refrigerated cabinet market in ROW
      • Table Refrigerated cabinet market in ROW 2015-2020 ($ billions)
  • Market drivers
    • Growing demand for commercial refrigerators
      • Table Storage potential of perishable goods by storage temperature
    • Rising number of patents for refrigerated cabinets
      • Table Patents in refrigerated cabinet market 2014-2016
    • Frequent natural calamities boosting demand for mortuary cabinets
      • Table Rising number of natural disasters by region 2010-2014
      • Table Unnatural deaths in US 2012-2014
  • Impact of drivers
    • Table Drivers and impact on end-users
  • Market challenges
    • Phase down of F-gases
      • Table Historical representation of refrigerants
      • Table F-gases phase down 2015-2020
      • Table GWP of some of the commonly used refrigerants
      • Table Roadmap for phasing out F-gases 2015-2022
    • Increasing popularity of cremation
      • Table Cremation versus burials in US 2010-2020
    • Volatility in raw material prices
      • Table Volatility in steel prices
      • Table Raw material price volatility: Impacts
    • Growing competition among vendors
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Growing wine market in APAC
      • Table Global wine consumption 2000 and 2015
    • Rising use of natural refrigerants like ammonia
      • Table Demand for ammonia from refrigerant industry
      • Table Application for ammonia refrigerants
      • Table Delisted refrigerants
    • Rising burial costs
  • Vendor landscape
    • Competitive scenario
  • Key vendor analysis
    • Carrier
    • Traulsen
    • LEEC
    • Illinois Tool Works
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Global Refrigerated Cabinet Market 2016-2020

About Refrigeration

Refrigeration is used to preserve perishable food items and ensure food safety. Products offered in the global refrigeration market find application in the commercial, industrial, and residential sectors. The market for refrigeration equipment is driven by regulatory standards on parameters such as labeling, energy performance, and refrigerants. The commercial refrigeration market includes various types of commercial refrigerators such as refrigerated storage cabinets or display cases, ice-making machinery, and walk-in coolers.

Technavio’s analysts forecast the global refrigerated cabinet market to grow at a CAGR of 4.41% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global refrigerated cabinet market for 2016-2020. To arrive at the market size, the study considers the revenue generated from the worldwide retail sales of storage cabinets, wine cabinets, and other types of refrigerated cabinets for commercial purposes.The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • North America
  • ROW
Technavio's report, Global Refrigerated Cabinet Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Carrier
  • LEEC
  • Traulsen
  • Illinois Tool Works
Other prominent vendors
  • Africhill
  • CEABIS
  • CMS
  • Coldline
  • Dalucon Refrigeration Products
  • Danby
  • Foster
  • Haier
  • Hengel
  • Husky International
  • Hussmann
  • Imbera Foodservice
  • Irinox
  • Liebherr
  • Marvel
  • Master-Bilt
  • Mopec
  • True Manufacturing
  • Viessmann
  • Williams Refrigeration
Market driver
  • Growing demand for commercial refrigerators
  • For a full, detailed list, view our report
Market challenge
  • Phase down of F-gases
  • For a full, detailed list, view our report
Market trend
  • Growing wine market in APAC
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Refrigerated Cabinet Market 2016-2020

Technavio recognizes the following companies as the key players in the global refrigerated cabinet market: Carrier, Traulsen, LEEC, and Illinois Tool Works.

Other Prominent Vendors in the market are: Africhill, CEABIS, CMS, Coldline, Dalucon Refrigeration Products, Danby, Foster, Haier, Hengel, Husky International, Hussmann, Imbera Foodservice, Irinox, Liebherr, Marvel, Master-Bilt, Mopec, True Manufacturing, Viessmann, and Williams Refrigeration.

Commenting on the report, an analyst from Technavio’s team said: “that rising burial costs is one of the trends spurring growth for the market. The cost of burial to rise further in the future, resulting in higher demand for refrigerated mortuary cabinets. Given the growth in demand, the burial costs are expected to reach over $8,350 by 2020. This average cost of burial includes coffin charges, electricity consumption during the preparation for the funeral, and travel expenses. Mortuary cabinets are widely used in the UK and the US. The rising burial costs and the unavailability of the land increase the demand for refrigerated mortuary cabinets, as families find it difficult to bury the bodies. The rising death rates, rising burial prices, and the increased number of corpses in mortuaries will drive the demand for refrigerated mortuary cabinets during the forecast period.”

According to the report, rising number of patents for refrigerated cabinets is a key driver aiding to the growth of this market. The number of patents for refrigerated cabinets is growing worldwide. The rise in the number of patent applications and granted patents shows a positive outlook for the market for refrigerated cabinets worldwide. Patent applications and approvals indicate the constant product innovation in the market. Product innovation is vital for the market and lack of innovation leads to market stagnation and decline in market revenue. Leading players in the market understand the value of product innovation and are increasing their R&D activities as a strategy to increase their market share worldwide. So, constant innovation is driving the market growth and demand for refrigerated cabinets, especially in developed countries.

Further, the report states that increasing popularity of cremation is a major challenge the market is facing. Cremation is gaining popularity due to changes in traditional beliefs, religious expectations, and demographic shifts across regions. Also, the environmental impacts of the traditional burial and technological advancements in cremation have propelled the rates of cremation. The growth in the demand for cremation across the globe is expected to pose a challenge for the global refrigerated cabinet market. The demand for cremation is rising due to the rising cost of and lack of space available for burials. The cost of burial is higher compared to the cremation charges.

Companies Mentioned

Carrier, Traulsen, LEEC, Illinois Tool Works, Africhill, CEABIS, CMS, Coldline, Dalucon Refrigeration Products, Danby, Foster, Haier, Hengel, Husky International, Hussmann, Imbera Foodservice, Irinox, Liebherr, Marvel, Master-Bilt, Mopec, True Manufacturing, Viessmann, Williams Refrigeration.

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