Market Forecast By Product Type (Plug In Refrigerated Display, Remote Refrigerated Display), By Product Design (Vertical, Horizontal, Hybrid And Semi-Vertical) And Competitive Landscape
Product Code: ETC303243 | Publication Date: Aug 2022 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Mexico Refrigerated Display Cases market currently, in 2023, has witnessed an HHI of 3240, Which has decreased slightly as compared to the HHI of 4968 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Report Name | Mexico Refrigerated Display Cases Market |
Forecast period | 2025-2031 |
CAGR | 6.7% |
Growing Sector | Food and beverage |
Mexico Refrigerated Display Cases Market report thoroughly covers the market by product type and by product design. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Mexico refrigerated display cases market is experiencing significant growth, driven by increasing demand in the retail and foodservice sectors. These display cases are essential for preserving the quality and freshness of perishable goods while enhancing product visibility and appeal. With the rising popularity of supermarkets, hypermarkets, and specialty food stores across the country, the need for efficient refrigeration solutions has surged. Innovations in energy-efficient and environmentally friendly refrigeration technologies are also propelling market expansion. Additionally, the growing preference for ready-to-eat and frozen food items among consumers further supports the demand for advanced refrigerated display cases in Mexico.
According to 6Wresearch, the Mexico Refrigerated Display Cases Market size is expected to grow at a significant CAGR of 6.7% during the forecast period 2025-2031. This growth is propelled by factors such as rise in demand for perishable food items and the increasing number of modern retail outlets such as supermarkets, hypermarkets, and convenience stores. Refrigerated display cases are widely used in supermarkets, convenience stores, restaurants, and other retail outlets to store and display food items while maintaining their freshness and quality. The growing population and changing dietary habits have led to a surge in the demand for perishable foods such as fruits, vegetables, meat, and dairy products. This has resulted in an increased need for refrigerated display cases to store and showcase these items. With the growth of organized retailing in Mexico, there has been a significant increase in the number of modern retail outlets such as supermarkets, hypermarkets, and convenience stores. The rise in disposable income of consumers has led to an increase in spending on food and beverage products, including frozen and processed foods. This has resulted in a higher demand for refrigerated display cases in supermarkets, hypermarkets, and convenience stores to maintain the freshness and quality of these products. These factors will influence the Mexico Refrigerated Display Cases Market Growth.
Despite the benefits for Refrigerated Display Cases, there are some challenges in the Refrigerated Display Cases market. Some of the challenges are inadequate infrastructure and higher costs. One of the main challenges is the high cost associated with installation and maintenance of these cases. This can be a barrier for small and medium-sized businesses that may not have the budget to invest in such equipment. Apart from the initial investment, regular maintenance and energy costs are also a concern for retailers using refrigerated display cases. These costs can add up over time, making it challenging for businesses to manage their operational expenses. Moreover, inadequate infrastructure and unreliable power supply in rural areas of Mexico can also pose a challenge for the proper functioning of refrigerated display cases. This can lead to spoilage of products and loss of revenue for businesses. These challenges highlight the complexity and dynamic nature of the Market, necessitating proactive strategies to overcome them.
Some of the key players operating in the Mexico Refrigerated Display Cases Market include Carrier Corporation, Hussmann International Inc., Dover Corporation, AHT Cooling Systems GmbH, and Epta S.p.A. These companies are focusing on product innovation, technological advancements, and strategic partnerships to gain a competitive edge in the market. Currently, Carrier holds the largest share in the Mexico Refrigerated Display Cases Market. However, with the growing demand for Display Cases other companies have an opportunity to make significant strides and gain market share.
Government regulations play a crucial role in the Mexico Refrigerated Display Cases Market. The Mexican government has implemented regulations and standards for refrigerated display cases to ensure the safety of food products and reduce energy consumption. The Ministry of Economy, through the National Metrology Service (SNE), is responsible for regulating the quality of these cases in accordance with international standards. In addition, the government has also launched initiatives to promote energy efficiency in the refrigeration sector, including incentives for businesses to switch to more energy-efficient display cases. These initiatives not only benefit the environment but also help businesses reduce their operational costs.
The Mexico Refrigerated Display Cases Market has been experiencing significant growth over the past few years. Several factors will decide the future of the market. The demand for Refrigerated Display Cases is expected to rise in future due to increasing demand for frozen foods in Mexico. It is expected that new technologies and innovations will emerge to cater to the changing consumer demands. This could include features such as remote temperature monitoring, smart sensors for energy efficiency and improved display options for better product visibility. The future of the Mexico Refrigerated Display Cases Market seems promising since a number of factors have been supporting the market growth.
According to Dhaval, Research Manager, 6Wresearch, the plug-in refrigerated display segment holds the dominant share in the Mexico market. This can be attributed to its ease of installation and lower maintenance cost compared to remote refrigerated displays.
In terms of product design, the vertical segment holds the dominant share in the Mexico refrigerated display cases market. This is due to its space-saving design and ability to display a larger variety of products compared to other designs.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Mexico Refrigerated Display Cases Market Overview |
3.1 Mexico Country Macro Economic Indicators |
3.2 Mexico Refrigerated Display Cases Market Revenues & Volume, 2021 & 2031F |
3.3 Mexico Refrigerated Display Cases Market - Industry Life Cycle |
3.4 Mexico Refrigerated Display Cases Market - Porter's Five Forces |
3.5 Mexico Refrigerated Display Cases Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Mexico Refrigerated Display Cases Market Revenues & Volume Share, By Product Design, 2021 & 2031F |
4 Mexico Refrigerated Display Cases Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Mexico Refrigerated Display Cases Market Trends |
6 Mexico Refrigerated Display Cases Market, By Types |
6.1 Mexico Refrigerated Display Cases Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Mexico Refrigerated Display Cases Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Mexico Refrigerated Display Cases Market Revenues & Volume, By Plug In Refrigerated Display, 2021-2031F |
6.1.4 Mexico Refrigerated Display Cases Market Revenues & Volume, By Remote Refrigerated Display, 2021-2031F |
6.2 Mexico Refrigerated Display Cases Market, By Product Design |
6.2.1 Overview and Analysis |
6.2.2 Mexico Refrigerated Display Cases Market Revenues & Volume, By Vertical, 2021-2031F |
6.2.3 Mexico Refrigerated Display Cases Market Revenues & Volume, By Horizontal, 2021-2031F |
6.2.4 Mexico Refrigerated Display Cases Market Revenues & Volume, By Hybrid And Semi-Vertical, 2021-2031F |
7 Mexico Refrigerated Display Cases Market Import-Export Trade Statistics |
7.1 Mexico Refrigerated Display Cases Market Export to Major Countries |
7.2 Mexico Refrigerated Display Cases Market Imports from Major Countries |
8 Mexico Refrigerated Display Cases Market Key Performance Indicators |
9 Mexico Refrigerated Display Cases Market - Opportunity Assessment |
9.1 Mexico Refrigerated Display Cases Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Mexico Refrigerated Display Cases Market Opportunity Assessment, By Product Design, 2021 & 2031F |
10 Mexico Refrigerated Display Cases Market - Competitive Landscape |
10.1 Mexico Refrigerated Display Cases Market Revenue Share, By Companies, 2024 |
10.2 Mexico Refrigerated Display Cases Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |