Refrigerated Counter Market
Refrigerated Counter Market Forecasts to 2030 - Global Analysis By Type (Open Refrigerated Counters, Closed Refrigerated Counters and Other Types), Technology, Application and By Geography
According to Stratistics MRC, the Global Refrigerated Counter Market is growing at a CAGR of 7.82% during the forecast period. A refrigerated counter is a commercial-grade appliance designed to store and display perishable goods at controlled, low temperatures, ensuring freshness and safety. Commonly used in restaurants, grocery stores, and foodservice establishments, it integrates refrigeration systems with worktops or display areas for convenient food preparation or presentation. These counters often feature temperature control settings, energy-efficient designs, and durable materials to withstand heavy usage. They are essential in maintaining food quality, extending shelf life, and adhering to food safety standards in various industries.
Market Dynamics:
Driver:
Rising consumer demand for fresh and frozen foods
Rising consumer increasingly prioritizes convenience and quality, the need for proper storage solutions grows. Restaurants, supermarkets, and foodservice outlets require refrigerated counters to store and display fresh produce and frozen items. These counters help maintain food safety, preserving the nutritional value and extending shelf life. Additionally, consumer preferences for ready-to-eat and frozen meals increase the need for reliable refrigeration systems. This trend continues to fuel market growth, especially in the foodservice and retail sectors.
Restraint:
Energy consumption concerns
The refrigerated counter business is severely hampered by worries about energy use. These energy-intensive devices have substantial operating expenses, particularly in areas where electricity prices are high. As energy prices rise, businesses may seek alternative, cost-effective solutions. This can limit the adoption of advanced refrigerated counters, particularly in small and medium enterprises. Additionally, consumers are increasingly prioritizing sustainability and energy efficiency in their purchases. Manufacturers must invest in energy-saving technologies to remain competitive. Failure to address these concerns could hinder market growth and consumer acceptance.
Opportunity:
Sustainable and energy-efficient solutions
Rising environmental concerns have pushed businesses to seek refrigeration options that minimize energy consumption. Energy-efficient systems help reduce operational costs, making them more attractive to businesses in the long term. Governments and regulatory bodies are promoting eco-friendly refrigeration through incentives and stricter regulations. These solutions often feature natural refrigerants, which have a lower environmental impact. As consumers and companies prioritize sustainability, the demand for these innovative, eco-conscious refrigerated counters continues to rise.
Threat:
Technological obsolescence
Older models become less efficient, leading to higher operational costs. As energy efficiency becomes a priority, outdated systems fail to meet new environmental regulations. Newer technologies also offer better food preservation, making older units less attractive. The need for frequent upgrades increases investment costs for businesses. Additionally, consumers and businesses prefer advanced features, leaving older products in low demand. This constant technological shift pressures manufacturers to invest in research and development, resulting in hindering of the market.
Covid-19 Impact
The COVID-19 pandemic significantly impacted the refrigerated counter market. Lockdowns and restrictions led to reduced demand from restaurants, hotels, and catering services due to temporary closures. However, the rise in online grocery shopping and home delivery services boosted demand for efficient refrigeration solutions. Supply chain disruptions and labor shortages caused delays in production and delivery, affecting market growth. Post-pandemic, the market is rebounding as the foodservice sector recovers, with increased emphasis on energy-efficient and sustainable refrigeration systems to meet evolving consumer needs.
The open refrigerated counters segment is expected to be the largest during the forecast period
The open refrigerated counters segment is estimated to have a lucrative growth, by offering easy accessibility and visibility of stored products. Their design eliminates doors, allowing customers to quickly access goods, making them ideal for retail environments like supermarkets and convenience stores. The ability to showcase products without barriers increases impulse purchases, driving sales. These counters are energy-efficient and cost-effective, appealing to businesses looking to reduce operational costs. The demand for open refrigerated counters is growing in sectors like foodservice and grocery retail.
The food service segment is expected to have the highest CAGR during the forecast period
The food service segment is anticipated to witness the highest CAGR growth during the forecast period, due to the growing demand for fresh and perishable food items, restaurants and catering services require reliable refrigeration solutions. Refrigerated counters ensure proper storage and easy access to ingredients, maintaining food safety standards. The rise of quick-service restaurants (QSRs) and food delivery services further increases the need for efficient refrigeration. Additionally, the growing trend of offering ready-to-eat and frozen foods boosts the demand for refrigerated counters. As the foodservice industry expands, the market for refrigerated counters continues to thrive.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period due to rapid urbanization, rising disposable incomes, and a growing foodservice sector. With increasing demand for fresh and processed food in countries like China, India, and Japan, the need for efficient refrigeration solutions is growing. The region's expanding foodservice industry, including restaurants, supermarkets, and quick-service restaurants (QSRs), is propelling market growth. Additionally, the rising trend of online grocery shopping and food delivery services further drives demand for refrigerated counters.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to the expanding foodservice and retail sectors. High demand for fresh and frozen food products drives the need for advanced refrigeration solutions in restaurants, supermarkets, and convenience stores. The market is also supported by strict food safety regulations, which require efficient temperature control for perishables. Technological advancements, such as energy-efficient models and smart refrigeration systems, are gaining traction. Additionally, the rise in food delivery services and online grocery shopping further fuels the demand for refrigerated counters across the region.
Key players in the market
Some of the key players profiled in the Refrigerated Counter Market include Carrier Commercial Refrigeration, True Manufacturing, Hussmann Corporation, Embraco, Frigoglass, Foster Refrigerator, Arneg S.p.A., Metalfrio Solutions S.A., Scotsman Ice Systems, Turbo Air Inc., Electrolux Professional, Beverage-Air Corporation, Danfoss, Sielaff GmbH & Co. KG and Glacier Bay Refrigeration.
Key Developments:
In October 2024, Frigoglass entered into a strategic partnership with Fresh SAE, a prominent manufacturer of home appliances in Egypt. This collaboration aims to manufacture Frigoglass commercial coolers at Fresh's facilities in Greater Cairo, thus enhancing Frigoglass's footprint in the MENA region
In September 2024, Frigoglass announced a legally binding agreement to acquire Provisiona Iberia, S.L. and Serlusa Refrigerantes, LDA from Tricorporación. This acquisition is part of Frigoglass's strategy to expand its operational capabilities in the refrigeration sector.
Types Covered:
• Open Refrigerated Counters
• Closed Refrigerated Counters
• Display Refrigerated Counters
• Other Types
Technologies Covered:
• Conventional Refrigeration
• Eco-Friendly Refrigeration
• Other Technologies
Applications Covered:
• Food Service
• Retail
• Food Processing
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Refrigerated Counter Market, By Type
5.1 Introduction
5.2 Open Refrigerated Counters
5.3 Closed Refrigerated Counters
5.4 Display Refrigerated Counters
5.5 Other Types
6 Global Refrigerated Counter Market, By Technology
6.1 Introduction
6.2 Conventional Refrigeration
6.3 Eco-Friendly Refrigeration
6.4 Other Technologies
7 Global Refrigerated Counter Market, By Application
7.1 Introduction
7.2 Food Service
7.3 Retail
7.4 Food Processing
7.5 Other Applications
8 Global Refrigerated Counter Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Carrier Commercial Refrigeration
10.2 True Manufacturing
10.3 Hussmann Corporation
10.4 Embraco
10.5 Frigoglass
10.6 Foster Refrigerator
10.7 Arneg S.p.A.
10.8 Metalfrio Solutions S.A.
10.9 Scotsman Ice Systems
10.10 Turbo Air Inc.
10.11 Electrolux Professional
10.12 Beverage-Air Corporation
10.13 Danfoss
10.14 Sielaff GmbH & Co. KG
10.15 Glacier Bay Refrigeration
List of Tables
1 Global Refrigerated Counter Market Outlook, By Region (2022-2030) ($MN)
2 Global Refrigerated Counter Market Outlook, By Type (2022-2030) ($MN)
3 Global Refrigerated Counter Market Outlook, By Open Refrigerated Counters (2022-2030) ($MN)
4 Global Refrigerated Counter Market Outlook, By Closed Refrigerated Counters (2022-2030) ($MN)
5 Global Refrigerated Counter Market Outlook, By Display Refrigerated Counters (2022-2030) ($MN)
6 Global Refrigerated Counter Market Outlook, By Other Types (2022-2030) ($MN)
7 Global Refrigerated Counter Market Outlook, By Technology (2022-2030) ($MN)
8 Global Refrigerated Counter Market Outlook, By Conventional Refrigeration (2022-2030) ($MN)
9 Global Refrigerated Counter Market Outlook, By Eco-Friendly Refrigeration (2022-2030) ($MN)
10 Global Refrigerated Counter Market Outlook, By Other Technologies (2022-2030) ($MN)
11 Global Refrigerated Counter Market Outlook, By Application (2022-2030) ($MN)
12 Global Refrigerated Counter Market Outlook, By Food Service (2022-2030) ($MN)
13 Global Refrigerated Counter Market Outlook, By Retail (2022-2030) ($MN)
14 Global Refrigerated Counter Market Outlook, By Food Processing (2022-2030) ($MN)
15 Global Refrigerated Counter Market Outlook, By Other Applications (2022-2030) ($MN)
16 North America Refrigerated Counter Market Outlook, By Country (2022-2030) ($MN)
17 North America Refrigerated Counter Market Outlook, By Type (2022-2030) ($MN)
18 North America Refrigerated Counter Market Outlook, By Open Refrigerated Counters (2022-2030) ($MN)
19 North America Refrigerated Counter Market Outlook, By Closed Refrigerated Counters (2022-2030) ($MN)
20 North America Refrigerated Counter Market Outlook, By Display Refrigerated Counters (2022-2030) ($MN)
21 North America Refrigerated Counter Market Outlook, By Other Types (2022-2030) ($MN)
22 North America Refrigerated Counter Market Outlook, By Technology (2022-2030) ($MN)
23 North America Refrigerated Counter Market Outlook, By Conventional Refrigeration (2022-2030) ($MN)
24 North America Refrigerated Counter Market Outlook, By Eco-Friendly Refrigeration (2022-2030) ($MN)
25 North America Refrigerated Counter Market Outlook, By Other Technologies (2022-2030) ($MN)
26 North America Refrigerated Counter Market Outlook, By Application (2022-2030) ($MN)
27 North America Refrigerated Counter Market Outlook, By Food Service (2022-2030) ($MN)
28 North America Refrigerated Counter Market Outlook, By Retail (2022-2030) ($MN)
29 North America Refrigerated Counter Market Outlook, By Food Processing (2022-2030) ($MN)
30 North America Refrigerated Counter Market Outlook, By Other Applications (2022-2030) ($MN)
31 Europe Refrigerated Counter Market Outlook, By Country (2022-2030) ($MN)
32 Europe Refrigerated Counter Market Outlook, By Type (2022-2030) ($MN)
33 Europe Refrigerated Counter Market Outlook, By Open Refrigerated Counters (2022-2030) ($MN)
34 Europe Refrigerated Counter Market Outlook, By Closed Refrigerated Counters (2022-2030) ($MN)
35 Europe Refrigerated Counter Market Outlook, By Display Refrigerated Counters (2022-2030) ($MN)
36 Europe Refrigerated Counter Market Outlook, By Other Types (2022-2030) ($MN)
37 Europe Refrigerated Counter Market Outlook, By Technology (2022-2030) ($MN)
38 Europe Refrigerated Counter Market Outlook, By Conventional Refrigeration (2022-2030) ($MN)
39 Europe Refrigerated Counter Market Outlook, By Eco-Friendly Refrigeration (2022-2030) ($MN)
40 Europe Refrigerated Counter Market Outlook, By Other Technologies (2022-2030) ($MN)
41 Europe Refrigerated Counter Market Outlook, By Application (2022-2030) ($MN)
42 Europe Refrigerated Counter Market Outlook, By Food Service (2022-2030) ($MN)
43 Europe Refrigerated Counter Market Outlook, By Retail (2022-2030) ($MN)
44 Europe Refrigerated Counter Market Outlook, By Food Processing (2022-2030) ($MN)
45 Europe Refrigerated Counter Market Outlook, By Other Applications (2022-2030) ($MN)
46 Asia Pacific Refrigerated Counter Market Outlook, By Country (2022-2030) ($MN)
47 Asia Pacific Refrigerated Counter Market Outlook, By Type (2022-2030) ($MN)
48 Asia Pacific Refrigerated Counter Market Outlook, By Open Refrigerated Counters (2022-2030) ($MN)
49 Asia Pacific Refrigerated Counter Market Outlook, By Closed Refrigerated Counters (2022-2030) ($MN)
50 Asia Pacific Refrigerated Counter Market Outlook, By Display Refrigerated Counters (2022-2030) ($MN)
51 Asia Pacific Refrigerated Counter Market Outlook, By Other Types (2022-2030) ($MN)
52 Asia Pacific Refrigerated Counter Market Outlook, By Technology (2022-2030) ($MN)
53 Asia Pacific Refrigerated Counter Market Outlook, By Conventional Refrigeration (2022-2030) ($MN)
54 Asia Pacific Refrigerated Counter Market Outlook, By Eco-Friendly Refrigeration (2022-2030) ($MN)
55 Asia Pacific Refrigerated Counter Market Outlook, By Other Technologies (2022-2030) ($MN)
56 Asia Pacific Refrigerated Counter Market Outlook, By Application (2022-2030) ($MN)
57 Asia Pacific Refrigerated Counter Market Outlook, By Food Service (2022-2030) ($MN)
58 Asia Pacific Refrigerated Counter Market Outlook, By Retail (2022-2030) ($MN)
59 Asia Pacific Refrigerated Counter Market Outlook, By Food Processing (2022-2030) ($MN)
60 Asia Pacific Refrigerated Counter Market Outlook, By Other Applications (2022-2030) ($MN)
61 South America Refrigerated Counter Market Outlook, By Country (2022-2030) ($MN)
62 South America Refrigerated Counter Market Outlook, By Type (2022-2030) ($MN)
63 South America Refrigerated Counter Market Outlook, By Open Refrigerated Counters (2022-2030) ($MN)
64 South America Refrigerated Counter Market Outlook, By Closed Refrigerated Counters (2022-2030) ($MN)
65 South America Refrigerated Counter Market Outlook, By Display Refrigerated Counters (2022-2030) ($MN)
66 South America Refrigerated Counter Market Outlook, By Other Types (2022-2030) ($MN)
67 South America Refrigerated Counter Market Outlook, By Technology (2022-2030) ($MN)
68 South America Refrigerated Counter Market Outlook, By Conventional Refrigeration (2022-2030) ($MN)
69 South America Refrigerated Counter Market Outlook, By Eco-Friendly Refrigeration (2022-2030) ($MN)
70 South America Refrigerated Counter Market Outlook, By Other Technologies (2022-2030) ($MN)
71 South America Refrigerated Counter Market Outlook, By Application (2022-2030) ($MN)
72 South America Refrigerated Counter Market Outlook, By Food Service (2022-2030) ($MN)
73 South America Refrigerated Counter Market Outlook, By Retail (2022-2030) ($MN)
74 South America Refrigerated Counter Market Outlook, By Food Processing (2022-2030) ($MN)
75 South America Refrigerated Counter Market Outlook, By Other Applications (2022-2030) ($MN)
76 Middle East & Africa Refrigerated Counter Market Outlook, By Country (2022-2030) ($MN)
77 Middle East & Africa Refrigerated Counter Market Outlook, By Type (2022-2030) ($MN)
78 Middle East & Africa Refrigerated Counter Market Outlook, By Open Refrigerated Counters (2022-2030) ($MN)
79 Middle East & Africa Refrigerated Counter Market Outlook, By Closed Refrigerated Counters (2022-2030) ($MN)
80 Middle East & Africa Refrigerated Counter Market Outlook, By Display Refrigerated Counters (2022-2030) ($MN)
81 Middle East & Africa Refrigerated Counter Market Outlook, By Other Types (2022-2030) ($MN)
82 Middle East & Africa Refrigerated Counter Market Outlook, By Technology (2022-2030) ($MN)
83 Middle East & Africa Refrigerated Counter Market Outlook, By Conventional Refrigeration (2022-2030) ($MN)
84 Middle East & Africa Refrigerated Counter Market Outlook, By Eco-Friendly Refrigeration (2022-2030) ($MN)
85 Middle East & Africa Refrigerated Counter Market Outlook, By Other Technologies (2022-2030) ($MN)
86 Middle East & Africa Refrigerated Counter Market Outlook, By Application (2022-2030) ($MN)
87 Middle East & Africa Refrigerated Counter Market Outlook, By Food Service (2022-2030) ($MN)
88 Middle East & Africa Refrigerated Counter Market Outlook, By Retail (2022-2030) ($MN)
89 Middle East & Africa Refrigerated Counter Market Outlook, By Food Processing (2022-2030) ($MN)
90 Middle East & Africa Refrigerated Counter Market Outlook, By Other Applications (2022-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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