Glass Merchandiser/Merchandiser Cooler Market Outlook 2024: Global Opportunity Assessment and Demand Analysis, Market Forecast, 2016-2024

Global Glass Merchandiser/Merchandiser Cooler Market Outlook

Market Overview

Glass Merchandiser market is a sub segment of food service equipment market. They are also known as glass door refrigerators. Glass merchandiser is used to store packed ice cream, sandwich, pre- sandwich, drinks and other food and beverage products. They are very similar to commercial reach in refrigerator but their work is somehow different. Commercial reach in refrigerators provide more insulation than glass merchandiser while glass merchandiser consumes less energy than commercial reach in refrigerators.

Recently Electrolux, a Sweden based company has launched Frigidaire glass merchandiser that will trigger the interior lights of the refrigerator making it transparent as soon as any movement will happen near the glass door. During former days, Electrolux has acquired Anova a U.S based electronic company to strengthen its position globally.

Asia Pacific is the largest region in Glass Merchandiser Market with 40% market share in 2016. This is due to expansion of super market and hyper market in countries such as China, Japan, India, Australia and South Korea.

The major factor that drives the demand of glass merchandiser market is mainly increasing number of hotel industries globally which offers the owners to keep glass merchandisers for their food and beverages. However, the global merchandiser market is restrained by the high prices of glass merchandisers that curtail the growth of merchandiser market.

Market Segmentation

On the basis of products

• Single door merchandiser
• Double door merchandiser
• Multi door merchandiser

On the basis of capacity

• 0.5 to 3.0 cu ft.
• 3.1 to 6.0 cu ft.
• 6.1 to 9.0 cu ft.

On the basis of retail channels

• Hyper market
• Super market
• Hotel
• Restaurants
• Grocery stores

On the basis of region

• North America (US, Canada) {Market Share (%), Market Size (USD Billion), Sales (Unit)}
• Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Sales (Unit)}
• Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Sales (Unit)}
• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Sales (Unit)}
• Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Sales (Unit)}
• Rest of the World {Market Share (%), Market Size (USD Billion), Sales (Unit)}

Market Size and Forecast (2016-2024)

The emerging food service equipment market is anticipated to reach USD 43.02 billion by 2024 from USD 28.0 billion in 2016. Glass merchandisers are a part of food service equipment market. Glass merchandisers cover 25% market share of food service equipment market in 2016. Glass merchandisers market is expected to reach at USD 15.01 billion by 2024 from USD 7.52 billion in 2016 at a promising CAGR of 9.01% over the forecast period (2016-2024).

On the basis of capacity, 6.1 to 9.0 cu ft dominated the segment by acquiring 45% market share in 2016. This is because of adoption of glass door merchandisers in super market and hyper market. There are more than 80,000 hyper markets globally in which around 85% hyper markets use glass merchandisers for their products.

Geographically, Asia Pacific region is the largest region in global glass merchandiser market with 40% share in 2016. Asia Pacific glass merchandiser market is anticipated to reach at USD 6.04 billion by 2024 from USD 3.08 billion in 2016. Asia Pacific region is also expected to have a fastest CAGR over the forecast period (2016-2024). This is due to expansion of super market and hyper market in countries such as China, Japan, India, Australia and South Korea. There had been a tremendous growth in expansion of super market by 15% in Asia Pacific from 2015 to 2016.

North America is the second largest market following Asia Pacific. Glass merchandiser market in North America is anticipated to reach USD 5.25 billion by 2024 from 2.63 billion in 2016.It covers around 35% market share till 2016.

Key Trends and Growth Drivers

Rise in number of hotel is the major driver of glass merchandiser market as there were around 6, 02,542 hotels worldwide in 2015 which showed a tremendous growth of 30% in 2016. Also the expansion of supermarket and hyper market, preservation and storage of food and beverages, and maintenance of quality of foods are the key factors that drive the growth of global glass merchandiser market.

Market Restraints

The global glass merchandisers market has some restraints that curtail its growth such as alternative solution for cooling instead of glass merchandisers such as normal refrigerators or reach in refrigerators and high cost of glass door refrigerators.

Key Players

• AB Electrolux
• • Synopsis
  • Business Strategy
  • Product Portfolio
  • SWOT Analysis
• Frigo Glass
• Hussmann International Inc.
•  Hoshizaki International
•  Carrier
•  Epta Refrigeration
•  Standex
•  Manitowoc Company
•   Dalian
•  Sanyo Cold-chain Co. Ltd
•  Dover Corporation
•  Beverage-Air Corporation
• Lennox International.

Scope Background

Market Synopsis

Market Segmentation

The global glass merchandiser market is segmented as follows:

• On the basis of types (Market Size, Demand Analysis and Growth Analysis)
• On the basis of products (Market Size, Demand Analysis and Growth Analysis)
• On the basis of retail channel (Market Size, Demand Analysis and Growth Analysis)

Global Glass Merchandiser Market Report covered insights of below mentioned regions:

• North America (U.S., Canada) {Market Size and Growth Analysis}
• Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size and Growth Analysis}
• Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size and Growth Analysis}
• Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size and Growth Analysis}
• Middle East and North Africa (MENA) {Market Size and Growth Analysis}
• Rest of World  {Market Size and Growth Analysis}

Market Dynamics: Growth Drivers, Restraints and Opportunities

• Risk Factors
• Regional Variations
• Recent Trends and Developments

Key Market Players

• Synopsis
• Business Strategy
• Product Portfolio
• SWOT Analysis

Porter’s Five Force Model

Market Landscape: Competition and Beyond

Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem

Expert Analysis

Concluding Remarks