An Incisive, In-depth Analysis on the Glass Door Merchandiser Market
This study offers a comprehensive, 360 degree analysis on the Glass Door Merchandiser market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Glass Door Merchandiser market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Glass door merchandiser equipment are special type display cases which are widely used in retail outlets, commercial complexes, commercial kitchens, airport and stations and in many more applications for displaying food and beverage products and to attract customers. Glass door merchandiser equipment are similar to refrigerated display cases and are mostly used for freezing different food and beverage products. Being a part of commercial refrigeration equipment, glass door merchandiser refrigerators and freezers are similar to normal refrigerators. However, the only difference is that glass door merchandiser refrigerators are made up of glass and glass door merchandiser refrigerators are mostly used in the retail industry for displaying and storing different types of food and beverage products. Based on design, glass door merchandisers are available in two types: hinged door type and sliding door type.
Hinged door type glass door merchandisers can further be segregated into two types: single door type and multi door type. Based configuration, glass door merchandisers can further be divided into two types: endless self-contained glass door refrigerators and remote control glass door refrigerators. Based on storage capacity, glass door merchandiser products are available in 50-200 liters, 200-650 liters, 650-1500 liters and 1500-2000 liters. The demand for 200-650 liter and 650-1500 liter storage capacity is more as compared to other types of storage capacity.
Glass door merchandisers are used in a wide range of applications. Major applications of glass door merchandisers include retail outlets, commercial complexes and commercial kitchens. In retail outlets, glass door merchandisers are mostly used in hyper markets, provision stores, bakery and cafeterias. In commercial complexes, glass door merchandisers are widely used in shopping malls, multiplexes, etc. Glass door merchandiser are witnessing higher demand from the retail industry as compared to others. Among end users, the retail segment accounted for the largest share in the glass door merchandiser market and is also projected to grow at high CAGR during the forecast period.
The global glass door merchandiser market is estimated to be valued at US$ 6.6 Bn by 2018 end and is expected to reach US$ 13.5 Bn by the end of 2028 while expanding at a CAGR of 7.3% over the forecast period. The global glass door merchandiser market is anticipated to represent incremental opportunity of over US$ 6871 Mn between 2018 and 2028.
Global glass door merchandiser market is expected to grow at a significant rate over the forecast period from 2018-2028
Glass door merchandisers are mostly used in applications, such as retail, commercial complexes, commercial kitchens, display applications, etc. Thus, the retail industry will hold a dominant share in the demand for glass door merchandisers. As per the FMI analysis, the demand from retail segment is estimated to grow in tandem with the growing population, urbanization and infrastructural developments in developing economies, such as China, India and other parts of the Asia Pacific.
The global retail industry is anticipated to register a high growth rate of over 9.2% due to increasing population, urbanization, increased standard of living, infrastructural developments and growing economies of developing countries. Moreover, increasing penetration of glass door merchandisers in developing markets is anticipated to provide impetus to the growth of the glass door merchandiser market during the forecast period.
Asia Pacific Region (China, India, SEAP) is expected to dominate the global glass door merchandiser market during the forecast period
From a regional perspective, the glass door merchandiser market is dominated by the Asia Pacific region owing to the growing demand from consumers of glass door merchandiser. Asia pacific is projected to be the fastest growing region during the forecast period. This can be attributed to the presence of emerging economies, such as China, India and other SEAP countries.
Moreover, almost half of the global population resides in China and India. Fast-paced infrastructural developments, urbanization and growing economies in this region are anticipated to help the Asia Pacific region remain dominant in the global glass door merchandiser market during the forecast period. The retail segment is anticipated to have a higher impact in the Asia Pacific region on the growth of global glass door merchandiser market. After Asia Pacific region, the demand for global glass door merchandiser market is expected to grow in the MEA and Latin America. The growth of global glass door merchandiser market has been steady in North America and Europe.
Top tier manufacturers hold significant share in the global glass door merchandiser market
The global glass door merchandiser market is consolidated due to the presence of only a few local manufacturers. Despite this, prominent manufacturers in the market have been reported to hold around a quarter of the global glass door merchandiser market share. The regional glass door merchandiser markets show variations in terms of supply of glass door merchandiser products.
While significant number of glass door merchandiser equipment produced in Asia Pacific are consumed within the region and the rest of the equipment are exported to other parts of the world, glass door merchandiser equipment produced in Europe are exported to the MEA and other regions. Numerous manufacturers are engaged in the production and sale of glass door merchandiser products to meet the demand from end users.
These manufacturers are all listed under the Tier 3 category of the global glass door merchandiser market. The prominent manufacturers holding a vital share in the glass door merchandiser market are listed under the Tier 1 category of the global glass door merchandiser market. The remaining manufacturers are listed under the Tier 2 category.
Global glass door merchandiser market key trends
The supply and demand of glass door merchandiser products in different regions depends upon the macro-economic factors affecting the glass door merchandiser market. Most of the major players are entering into acquisitions and mergers to increase their production and selling capacity. Big players in the market are trying to grab market share by acquiring smaller players.
Acquisition strategy has accounted for more than 35% of the total developments in the market in the last few years. Glass door merchandise equipment manufacturers are also trying to penetrate the untapped market through joint ventures and partnerships. A number of capacity expansions have also been observed in the market which depicts growing demand for glass door merchandiser products. High growth markets, such as India and China, are the centers for the growth of the glass door merchandiser market. Hence, to cater to the demand for glass door merchandisers, prominent players have been expanding their capacities of production.
For instance, Dover Corporation recently announced the acquisition of Anthony, Inc. to enhance Dover’s product breadth and expand markets in refrigeration and food equipment. Also, Anthony, Inc. is joining the Refrigeration and Industrial platform of Dover’s Engineered Systems segment and Panasonic Corporation recently announced the acquisition of Hussmann Corporation to expand its refrigerator business in USA.
Top key participants
Some of the top key participants in the global glass door merchandiser market included in this study are Traulsen, Tuobo Air Inc, Arneg Group, Everest, Liebherr, UAB Feror LT, True Manufacturing Co.Inc, Migali industries, Anthony Inc and Hussmann Corporation.
Glass Door Merchandiser Report Description
This FMI study offers a ten-year analysis and forecast of the global glass door merchandiser market for the period between 2018 and 2028. The study considers 2017 as the base year with market values estimated for the year 2018 and a forecast developed for the duration between 2018 and 2028. The Compound Annual Growth Rate (CAGR) has been calculated from 2018 to 2028. The study covers various perspectives of the glass door merchandiser market, including market dynamics, value chain, pricing analysis, competition analysis, regional and segmental growth comparison and macro-economic and industry growth analysis, along with segment level projections in a comprehensive manner. As per the findings of the study and perspectives of industry participants, the global glass door merchandiser market is projected to grow at a CAGR of 7.3% between 2018 and 2028 in terms of value. Growing population, infrastructure development, urbanisation, economic growth, improved standard of living of peoples and technological developments in glass door merchandiser market are some of the factors positively impacting the growth of global glass door merchandiser market.
The FMI report on glass door merchandiser carefully analyses the market at a global and regional level through market segmentation on the basis of key parameters, such as design, configuration and end use. The primary objective of the report is to offer key insights on market updates, competition positioning, current trends, glass door merchandiser market potential, growth rates and other relevant information and statistics in a suitable manner to the readers or various stakeholders of the glass door merchandiser market.
The report is structured in such a way that it will allow the reader to develop a thorough understanding of the glass door merchandiser market. It begins with market definitions, followed by the market background, market dynamics and market analysis by key segments, regional analysis and competition landscape. Each section covers a qualitative and quantitative assessment of the glass door merchandiser market on the basis of facts, historical developments and key opinions collected from industry participants through dedicated interviews and trends in the market.
Glass Door Merchandiser Market: Segmentation
The global glass door merchandiser market is categorised into 4 segments-
Hinged Door Type
Sliding Door Type
Endless self-Contained glass door
Endless remote control glass door
Airport and Stations
Institutional Facilities and Establishments
South East Asia Pacific
The report begins with glass door merchandiser market introduction, which covers the market taxonomy and product definitions for the global glass door merchandiser market assessment. In the next section, the report describes the glass door merchandiser market development background and covers macro-economic factors, industry factors, forecast factors, regional weighted average pricing analysis, value chain overview covering approximate margins, an indicative list of stakeholders involved in each stage and an assessment of the glass door merchandiser market for the base year considered for the study.
The next section of the report discusses glass door merchandiser market dynamics, such as drivers, restraints and trends, impacting the market growth at a global level. Market opportunities or potential for manufacturers have been presented in the subsequent section of the same chapter. This section also includes the impact assessment of market dynamics on the global glass door merchandiser market at a qualitative level based on analysis facts and insights.
Subsequent sections of the glass door merchandiser report provide value (US$ Mn) and volume (Units) projections for the glass door merchandiser market on the basis of the aforementioned segments at a global level. The global glass door merchandiser market values represented in these section have been agglomerated by collecting data and information at a regional level. The glass door merchandiser market information, along with key facts and insights, covers unique analysis frameworks, such as absolute $ opportunity analysis, year-on-year growth trend comparison, market share and attractiveness analysis, for each of the sub-types covered in each segment.
The next section of the glass door merchandiser report presents a summarised view of the global glass door merchandiser market, based on the seven prominent regions considered in the study. The section includes the regional glass door merchandiser market position, growth potential, trends and market attractiveness analysis for each of these regions.
The glass door merchandiser market analysis sections cover Y-o-Y growth trends, market share analysis, market attractiveness and incremental $ opportunity assessment for each of the aforementioned segments. These sections analyse the degree to which the global drivers are influencing this market in each region.
All the above sections evaluate the present market scenario and growth prospects in the global glass door merchandiser market, while the forecast presented in the sections assess the market size in terms of volume and value.
In order to offer an accurate forecast, we started by sizing the current glass door merchandiser market, which forms the basis of how the global glass door merchandiser market is expected to develop in the future. Given the characteristics of the glass door merchandiser market, we triangulated the outcome of the three different types of analysis, based on primary research, secondary research and our own analysis. However, forecasting the market in terms of various glass door merchandiser segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the completion of the forecast exercise.
In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the glass door merchandiser market and identify the right opportunities available.
As previously highlighted, the glass door merchandiser market is split into a number of sub-segments. All the glass door merchandiser sub-segments, in terms of type, application and region, have been analysed on the basis of basis point share (BPS) to understand each individual segment’s relative contribution to the market growth. This detailed level of information is important for the identification of various key trends witnessed in the glass door merchandiser market.
Another key feature of this report is the analysis of all the key segments in the glass door merchandiser market, sub-segments and the regional adoption and revenue forecast in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the glass door merchandiser market; however, the absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve as well as to identify potential resources from a sales and delivery perspective in the cglass door merchandiser market.
In order to understand the key market segments in terms of the growth and consumption of glass door merchandiser market across concerned regions, FMI has developed the attractiveness index, which will help providers to identify real market opportunities for glass door merchandiser.
In the final section of the report, a competitive landscape of the glass door merchandiser market has been included to provide report audiences with a dashboard view, categorised on the basis of providers present in the value chain, their presence in the glass door merchandiser market and key differentiating factors and strategies. The primary category of providers covered in the report is glass door merchandiser equipment manufacturers. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the glass door merchandiser market. Glass door merchandiser report audiences can gain segment-specific vendor insights to identify and evaluate key competitors on the basis of in-depth assessment of their capabilities and success in the glass door merchandiser market place. Detailed profiles of the providers have also been included under the scope of the report to evaluate their long- and short-term strategies, key offerings and recent developments pertaining to the glass door merchandiser market. Examples of some of the key manufactures and competitors covered in the glass door merchandiser report includes Traulsen, Tuobo Air Inc, Arneg Group, Everest, Liebherr, UAB Feror LT, True Manufacturing Co.Inc, Migali industries, Anthony Inc., and Hussmann Corporation.