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Glass Door Merchandizers Market

Glass Door Merchandizers Market By Configuration (Endless Remote, Refrigeration System, Endless Self-Contained, Refrigeration System), Design (Hinged Door Type, Sliding Door Type), End Use (Retail Outlets, Commercial Complexes, Airport & Stations) & Region – Forecast 2022 - 2028

Glass Door Merchandizers Market By Configuration (Endless Remote, Refrigeration System, Endless Self-Contained, Refrigeration System), Design (Hinged Door Type, Sliding Door Type), End Use (Retail Outlets, Commercial Complexes, Airport & Stations) & Region – Forecast 2022 - 2028

Glass Door Merchandizers Market - Analysis, Outlook, Growth, Trends, Forecasts

Glass Door Merchandizers Market Snapshot

[289 Pages] The Global Glass Door Merchandizers Market to grow with a year-on-year growth of 7.4% in 2022 reaching a value of about US$ 8,802.90 Mn by 2022 end.

Glass Door Merchandizers Market Analysis (2021A)

US$ 8,195.1 Mn

Glass Door Merchandizers Market Analysis Estimated Year Value (2022E)

US$ 8,802.9  Mn

Glass Door Merchandizers Market Analysis Projected Year Value (2028F)

US$ 13,557.9  Mn

Value CAGR (2022-2028)

7.5%

Collective Value Share: Top 3 Countries (2022E)

32.1%

Glass Door Merchandizers is ideal for the food and beverage industry, which features glass doors that allow items to attract the attention of the customers. A merchandizer can be utilized everywhere from a concession stand to a grocery or convenience store checkout to promote impulse sales.

Retail stores, commercial complexes, and commercial kitchens will drive up demand for Glass Door Merchandizers. The global business is anticipated to witness a considerable value CAGR of 7.5% during the period of 2022 and 2028.

FMI has identified China to remain a key market for glass door merchandizers over the forecast period owing to increasing demand from end-use applications. The region is estimated to witness a value CAGR 10.1% in the industry of glass door merchandizers.

2016-2021 Glass Door Merchandizers Market Outlook Compared to 2022-2028 Forecast

Increased urbanization in emerging and developed nations as well as growing economies has resulted in an increase in global consumer end-product sales. In addition, people's spending power is increasing with growing urbanization and the retail business.

The need for glass door merchandiser equipment has increased as a result of these factors. End-user sectors such as retail stores, commercial complexes, commercial kitchens, airports, and stations have seen a significant adoption of these products as a result of urbanization development activity.

The fast growth in consumer goods demand over the last decade has also pushed the usage of Glass Door Merchandisers as a means of increasing efficiency. Additionally, over the projection period, sales of glass door merchandiser equipment are expected to increase significantly.

The growing need for commercial refrigerators has a significant impact on the glass door merchandiser business, particularly in retail shops, commercial complexes, and the end-user sector of commercial kitchens.

The demand outlook for glass door merchandizers between 2013 and 2021 remains 6.7% as the pandemic crisis has impacted the market. The expensive price of remote Glass Door Merchandisers may limit market expansion.

Nonetheless, with the advent of new production technologies, the need for Glass Door Merchandizers is predicted to expand at a quick rate. The growth of glass door merchandizers is likely to grow at a growth rate of 7.0 % by Volume over the assessment period of 2022-2028.

Which factors will drive demand for glass door merchandizers in various end-use industries?

The growing need for glass door merchandiser equipment, particularly in the retail industry for marketing and promotion of food and beverage goods as well as to attract customers is a major driving force for the market's growth.

The expansion of large-scale retail outlets, commercial complexes, and commercial kitchens in growing economies such as Southeast Asia pacific, the Middle East & Africa, India, and China is driving the growth of the glass door merchandisers market. The governments of major economies are concentrating their efforts on expanding commercial facilities and improving infrastructure.

One of the primary factors driving the growth of the glass door merchandiser market is the increasing infrastructure development and urbanization activity in developing countries particularly in China, India and other parts of the Asia Pacific region.

Similarly, increased demand for consumer goods is observed across the Asia Pacific region as people's living levels rise. This is projected to boost demand for glass door merchandisers propelling the worldwide glass door merchandisers market forward in the near future.

How higher pricing will impact the market growth of glass door merchandizer?

One of the primary hurdles to the market's expansion is the higher initial cost of merchandizers. Glass Door Merchandisers have a long life cycle of 5-7 years which indicates they are rarely replaced. Hence customers are thinking of the alternative due to high price involvement.

Furthermore, clients are oriented toward maintenance due to strong horizontal and vertical collaborations between distributors and suppliers, which is anticipated to limit demand for new glass door merchandiser items. The high initial investment and maintenance costs may hamper the overall Glass Door Merchandisers market's growth in terms of new unit sales to some extent.

What was the Impact of the COVID-19 Crisis on the Glass door merchandizers Market?

SARS-introduction COV-2's in 2020 has had a massive impact on the global economy. A reduction in demand in a number of end-use industries, as well as supply chain problems, had damaged the global industry.

Furthermore, due to extensive lockdowns and movement restrictions, economic activity had come to a halt. Retail stores, commercial complexes, and airport facilities were all closed which resulted in a decrease in the use of merchandisers in recent years.

Furthermore, the end-use industry closures will have an impact on the global growth rate of glass door merchandisers in 2020. The Global Glass Door Merchandizers Market has been significantly hit by a drop in sales as a result of a number of constraints, but it will undoubtedly rebound over time.

Glass Door Merchandizers Market - Country-wise Insights

Which is the most prominent market for Glass door merchandizers?

In 2022, the U.S. glass door merchandizers market is expected to register 5.4% year-on-year growth by volume, in North America.  The U.S. market is estimated to witness a relatively steady growth during the forecast period, with the development of new and innovative products.  

When compared to other countries, the U.S. will always be the market leader in terms of product pricing. This is due to number of supporting factors such as a developed economy, high per capita income, and presence of leading market participants. With these aspects, glass door merchandiser market demand is predicted to develop in the U.S. due to sales, servicing, and repair of glass door merchandiser goods.

What is the potential in the U.K for glass door merchandizers?

The United Kingdom, as the leading producer of equipment, is playing a vital role in the expansion of the Western Europe glass door merchandisers market. It is expected to continue to be one of Europe's top markets in terms of both growth and production of glass door merchandizers.

The United Kingdom has experienced rapid growth in terms of GDP, trade deficit, stock market performance, foreign exchange reserves, macroeconomic policies, foreign investment inflows, banking capital, commodity prices, and geopolitical conditions, all of which have aided market participants in expanding their market presence. The market in the U.K is estimated to dominate the Western Europe glass door merchandizers market throughout the forecast period (2028) with a 6.1% CAGR.

Why the Demand for Glass door merchandizers Market is increasing in China?

Between 2022 and 2028, India is estimated to grow at a CAGR of 10.1% percent. The food and beverage market is anticipated to be the largest in China, and the country has ambitious plans for manufacturing and meeting global demand. Because of the significant emphasis on infrastructural advancements and propulsions in industrial output, major developing countries like China drive global GDP.

Several countries have succeeded to emerge as hotspots for investors, which can be attributed to political and strategic developments. In addition, China's rapid urbanization and industrialization are likely to boost demand for Glass Door Merchandisers throughout the forecast period.

Glass Door Merchandizers Market - Category-wise Insights

Which Configuration type is most preferred in the Glass Door Merchandizers Market?

End Less Self Contained Refrigeration System segment is projected to create an absolute dollar opportunity of more than US$ 4,023.3 Mn during the period of 2022 to 2028. Self-contained refrigeration can be used in almost any environment. It also has a simple plugin and runs an operation that doesn't require much technical knowledge. These goods are less burdensome for both the consumer and the producer because they require fewer service calls, minimum setup and low upkeep. The self-contained sector is predicted to have a large proportion of the global market.

Which end-use type makes the most value from Glass door merchandizers Market?

Retail Outlets segment is projected to create an absolute dollar opportunity of more than US$ 3,542.2 Mn during the period of 2022 to 2028. The Retail Outlets sector is expected to dominate the global market over the forecast period in terms of end-use categories. In retail outlets, attracting consumer attention will be an important aspect to promote the brand and increase sales. It promotes impulse buying and also increases brand visibility with increasing footfall. It encourages impulse purchases and raises brand awareness by increasing foot traffic.

Glass Door Merchandizers Market Competitive Landscape

Over the past few years, an increment in the number of acquisitions and expansion activities has been witnessed to improve the supply of glass door merchandizers. Several key players are also focusing on improving the efficiency of touch probes for various applications. Emergence of various manufacturers had also been witnessed in global businesses, especially in China, U.K.

For Instance,

  • In August 2017, Anreg group announced the innovation of Arneg CO2 refrigerator systems. This new refrigerator is an environment-friendly refrigerator and helps in saving energy
  • On Nov 5, 2020 Hauser launches a new product called Refino under its Multi Decks product Category which offers an unrestricted view of the goods stored in it owing to the transparent design of the product.
  • On Mar 15, 2021 Frost-trol and Bio fresh tech has signed agreement for the development of a patented technology for thermal storage applied to refrigerated cabinets for the food distribution sector.

The latest study conducted by Future Market Insights covers all the strategies and success factors of key manufacturers of the market.

*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis is available in the report.

Scope of Report

Attribute

Details

Forecast Period

2022-2028

Historical Data Available for

2013-2021

Market Analysis

USD Million for Value and Units for Volume

Key Regions Covered

North America, Latin America, Western Europe, Eastern Europe, South East Asia, China, India, Japan, MEA

Key Countries Covered

US, Canada, Brazil, Mexico, Italy, France, U.K., Spain, BENELUX,  NORDICS, Russia, Poland,  CIS States, Singapore, South Korea, Thailand, Malaysia, Philippines, Australia & New Zealand  India, Japan, China.

Key Segments Covered

By Configuration, By Design, By End Use, By Region

Key Companies Profiled

  • Traulsen
  • Turbo Air Inc.
  • Arneg Group
  • Liebherr
  • UAB Freor LT
  • True Manufacturing Co., Inc.
  • Migali Industries Inc.
  • Anthony, Inc.
  • Procool
  • TSSC Group
  • Hussmann Corporation
  • Vortex Refrigeration
  • Master-Bilt
  • Atosa Inc.
  • Saba Corp.

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

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Global Glass Door Merchandizers Market by Category

By Configuration :

  • Endless Remote
  • Refrigeration System
  • Endless Self-Contained
  • Refrigeration System

By Design :

  • Hinged Door Type
  • Sliding Door Type

By End Use :

  • Retail Outlets
  • Commercial Complexes
  • Commercial Kitchens
  • Airport & Stations
  • Institutional Facilities &
  • Establishments

By Region :

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South East Asia
  • China
  • India
  • Japan
  • MEA

Key Questions Answered in the Report

What is the current size of the Global Glass Door Merchandizers Market?

The Global Glass Door Merchandizers Market is expected to total US$ 8,802.9 Mn in 2022.
The demand for glass door merchandizers increased by 7.5% in 2022.
Traulsen, Turbo Air Inc., Arneg Group, Liebherr, UAB Freor LT, True Manufacturing Co., Inc., Migali Industries Inc., Anthony, Inc., Procool, TSSC Group, Hussmann Corporation, Vortex Refrigeration are the leading market players. They collectively account for 30% to 35% of the global market share.
The demand in China is expected to increase by 10.1% CAGR between 2022 and 2028 on value basis.
China, U.K., India are the key consumers of Global Glass Door Merchandizers Market.
The approach focuses on establishing a strong profit foundation by promoting the company's brand in areas where the company already has a strong client base. Major players in the Glass Door Merchandisers market are concentrating their efforts on strategic mergers and acquisitions in order to grow their worldwide footprint and product portfolio. The demand for merchandizers is boosted by increasing consumer focus and capturing new potential customers through various techniques.

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