In its most recent study, “Glass Door Merchandizers Market: Global Industry Analysis 2013 to 2021 & Opportunity Assessment 2022 to 2028,” FMI provides in-depth analysis and valuable insights on the worldwide glass door merchandizers market.
The worldwide glass door merchandisers market is expected to reach US$ 6,686.1 Million in 2022, exhibiting a strong long-term future. It is expected to reach US$ 13,557.9 Million by the end of 2028, with a value CAGR of 7.3%. The self-contained glass door configuration sector is expected to account for the lion’s share of value and volume throughout the projected period.
The hinged doors category is expected to increase at a quicker CAGR. The Asia Pacific except Japan (APEJ) region is expected to dominate the globe throughout the projected period, increasing at a 9.03% annual pace between 2022 and 2028. FMI gives insight into the variables that are anticipated to have an influence on the glass door merchandizers industry over this time period in this study.
The hinged door category is expected to increase at a comparatively faster CAGR. From 2022 to 2028, Asia Pacific excluding Japan (APEJ) is predicted to outperform all other areas, increasing at a 9.03% annual pace. In this analysis, FMI provides light on the variables that are anticipated to impact the glass door merchandizers market throughout this time period, including both drivers and constraints.
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Global Glass Door Merchandizers Market: Dynamics
Market insights suggest that the global glass door merchandizers market will witness high growth during the forecast period, which can be attributed to the growing economies, urbanisation, increasing standard of living of people and infrastructural developments taking place in the region. Growing food and beverages consumption and growing focus being put on marketing and promotion of products to attract the customers are the two factors pushing the market for glass door merchandizers.
Growing demand of food and beverages product displays for promoting and marketing food and beverages products to attract customers will further add to this demand. The need for higher output with fewer resources is driving the development of new technologies, especially in the retail industry. The use of glass door merchandizers products increases the food and beverage selling capacity of retailers. Economic growth, increasing standard living of people and urbanisation in developing countries, such as India, China and Asia Pacific region, will boost the demand in the global glass door market.
However, increase in raw material prices will be a major restraint for the global glass door merchandizers market. Major global players are partnering with various companies and distributors to sell their products and to increase their footprint in the global glass door merchandizers market. Technology advancements and research and development activities will create new opportunities for the major players in the global glass door merchandizers market.
Global Glass Door Merchandizers Market: Segments
The glass door merchandizers market has been segmented on the basis of application into retail outlet, commercial complexes and commercial kitchens. On the basis of application, the retail segment is anticipated to dominate the glass door merchandizers market in terms of value and volume over the forecast period. The retail segment is also projected to grow at a relatively higher CAGR over the forecast period. It is expected to represent a total incremental opportunity of US$ 4622846 Million between 2022 and 2028 in the global glass door merchandizers market.
Global Glass Door Merchandizers Market: Regional Outlook
Regionally, Asia Pacific accounted for over 49% of the global glass door merchandizers market value while North America accounted for the second largest share in the global glass door market in the forecast period form 2022-2028. China, India and SEAP are projected to be the fastest growing regions with a CAGR of 9% during the forecast period. Large population base, growing economies, urbanisation, improving standard of living and infrastructural developments are some of the important factors driving the demand in the glass door merchandizers market.
Global Glass Door Merchandizers Market: Key Participants
The report highlights some of the top companies operating in the global glass door merchandizers market including Traulsen, Tuobo Air Inc, Arneg Group, Everest, Liebherr, UAB Feror LT, True manufacturing Co.Inc, Migali industries, Anthony Inc and Hussmann Corporation.
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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
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Table of Content
- Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. FMI Analysis and Recommendations
1.4. Wheel of Fortune
- Market Introduction
2.1. Market Taxonomy
2.2. Market Definition
- Market Background
3.1. Macro-Economic Factors
3.2. Forecast Factors – Relevance & Impact
3.3. Porter’s 5 Forces Analysis
3.4. Value Chain
3.5. Technology Roadmap
3.6. Market Dynamics
- Market Forecast
4.1. Volume (Units) Sales Projections
4.2. Installed Base by Region
4.3. Market Size Projections
- Global Glass Door Merchandizers Market Analysis 2013–2021 and Forecast 2022–2028, By Design
5.1. Introduction
5.2. Historical Market Size (US$ Mn) and Volume Analysis By Design, 2013 – 2021
5.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Design, 2022 – 2028
5.4. Market Attractiveness Analysis By Design
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 6-years.
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