"Rapid growth in retail industry and growing economies are driving the glass door merchandiser market"
Globally, the glass door merchandiser market is projected to grow with a CAGR of over 7.7% through the forecast period from 2019 to 2027, from US$ 6.93 Bn in the year 2018. Globally, the glass door merchandiser market is expected to witness a significant growth based on factors such as rapid urbanization, growing economies, increasing spending capacity of people around the globe, rapid infrastructure development in various developed and developing countries, and improving standard of living of people. In addition to this, there is increasing development in the retail industry based on greater output and limited resources; this is also generating demand for new technologies. Based on this the retail and the food and beverages industry is seeking for attractive marketing techniques such as setup of displays and sample for promoting the products, which is also fueling the demand for glass door merchandiser.
Moreover, many companies are developing a diverse range of commercial and other glass door refrigerators & freezers to help retailers increase their sales and profits by providing them a good display unit. Such new developments propel the end-user to purchase new products and thus, enhance the existing market size of the glass door merchandiser market. However, variable cost of the raw material and high-energy consumption of products such as glass door refrigerators & freezers are likely to restrain the market growth. Whereas, technological advancements are expected to provide lucrative growth opportunities to the players operating in the glass door merchandiser market across the globe.
Market Synopsis
Get a sample copy for more information
"The retail industry segment dominates the glass door merchandiser market"
Based on application, the market is segmented into retail, commercial kitchens, commercial complexes, display applications, and others. Globally, the retail industry dominated the glass door merchandiser market in 2018 based on increasing demand for innovative display techniques. The retail industry is growing rapidly based on growing population, rapid urbanization, increasing spending capacity of the people and infrastructural development. This growth is primarily driving the glass door merchandiser market for retail applications.
Get a sample copy for more information
"Asia-Pacific to witness rapid growth in the forecast period"
In the global glass door merchandiser market, North America holds the prominent position due to presence of huge retail industry in the region. However, Asia Pacific is set to demonstrate high growth over the forecast period. Countries such as India and China are experiencing immense economic growth, resulting in profound commercial & retail sector across these countries. Moreover, infrastructural development and rapid urbanization is also helping the Asia-Pacific region to grow. Additionally, expansion of key players in this region and growing amount of import-export is increasing the market share and thus, enhancing the market size of the glass door merchandiser market in this region.
Get a sample copy for more information
Some of the prominent players operating in the glass door merchandiser market include Tuobo Air Inc, Traulsen, Arneg Group, Liebherr, Everest, UAB Feror LT, Migali industries, True Manufacturing Co.Inc, Hussmann Corporation, and Anthony Inc among others.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The glass door merchandiser market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global glass door merchandiser market based on component, size, application, and geography. Key segments covered in the report are as follows:
| ATTRIBUTE |
DETAILS |
| Research Period |
2017-2027 |
| Base Year |
2018 |
| Forecast Period |
2019-2027 |
| Historical Year |
2017 |
| Unit |
USD Billion |
| Segmentation |
Design Segment (2017–2027; US$ Bn)
• Hinged Door Type
o Single Door
o Multi Door
• Sliding Door Type
|
|
Configuration Type Segment (2017–2027; US$ Bn)
• Endless self-Contained glass door
• Endless remote control glass door
|
|
Application Segment (2017–2027; US$ Bn)
• Retail Outlets
• Commercial Complexes
• Commercial Kitchens
• Airport and Stations
• Institutional Facilities and Establishments
|
|
Geography Segment (2017–2027; US$ Bn)
• North America (U.S., Rest of North America)
• Europe (U.K., Germany, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Rest of the World (Middle East & Africa, Latin America)
|
Key questions answered in this report
- What was the market size of glass door merchandiser in 2018 and forecast up to 2027?
- Which is the largest regional market for services segment?
- What are the major trends followed in glass door merchandiser market across different regions?
- Who are the key glass door merchandiser companies leading the market?
- What are the key strategies adopted by the leading Glass Door Merchandiser companies in market?
Unique data points of this report
- Statistics on glass door merchandiser penetration and spending worldwide
- Recent trends across different regions in terms of adoption of glass door merchandiser for various applications
- Notable developments going on in glass door merchandiser industry
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)
