Global Refrigerated Cabinet Market 2020-2024
Technavio has been monitoring the refrigerated cabinet market and it is poised to grow by USD 6.55 bn during 2020-2024, progressing at a CAGR of 4% during the forecast period. Our reports on refrigerated cabinet market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven the growth of the foodservice industry and the rise in demand for mortuary cabinets. In addition, the growth of foodservice industry is anticipated to boost the growth of the market as well.
The refrigerated cabinet market analysis includes product segment and geographical landscapes.
Technavio's refrigerated cabinet market is segmented as below:
- Storage cabinet
- Wine cabinet
By Geographic Landscapes
- North America
- South America
This study identifies the growing demand for energy-efficient models of commercial refrigeration equipment as one of the prime reasons driving the refrigerated cabinet market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our refrigerated cabinet market covers the following areas:
- Refrigerated cabinet market sizing
- Refrigerated cabinet market forecast
- Refrigerated cabinet market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading refrigerated cabinet market vendors that include Ali Group Srl, Carrier Global Corp., Haier Smart Home Co. Ltd., HOSHIZAKI Corp., Husky International Ltd., Illinois Tool Works Inc., ISA Spa, Liebherr-International AG, Metalfrio Solutions SA, and Panasonic Corp. Also, the refrigerated cabinet market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.