The open air merchandizers and accessories market stands at the precipice of substantial growth, with a robust projected Compound Annual Growth Rate (CAGR) of 6.4% spanning the years 2023 to 2033. Future Market Insights (FMI) underscores this trajectory, anticipating the market to attain an estimated valuation of US$ 3,385.9 million by the conclusion of 2033.
Throughout the forecast period, the demand for open air merchandizers and accessories is poised to ascend significantly, propelled predominantly by the escalating requirement for efficient solutions across diverse commercial landscapes. This encompasses environments such as hospitals and clinics, wherein specialized storage conditions for medications and medical equipment are paramount. Simultaneously, the market is poised for moderate expansion as grocery and convenience stores integrate these merchandizers to artfully display bagged ice and a variety of food products.
In the contemporary backdrop, the significance of effective storage and handling has achieved paramount importance, particularly in the realm of vaccines. As the world navigates the ongoing challenges posed by the COVID-19 pandemic, the efficient distribution of vaccines has served as a pivotal driver in the sustained growth of the open air merchandizers and accessories market within the forecast period.
Unleash Potential with Sample Insights: Download Yours Now @ https://www.futuremarketinsights.com/reports/sample/rep-gb-17116
Key Insights from the Market Analysis
- The global open air merchandizers and accessories market witnessed a steady growth with a Compound Annual Growth Rate (CAGR) of 5.5% from 2018 to 2022.
- In 2022, North America emerged as the dominant region in the global open-air merchandizers and accessories market, contributing to more than 23.7% of the total revenue share.
- Within North America, the United States (U.S.) market for open-air merchandizers and accessories is projected to demonstrate a 5.4% year-on-year growth by volume.
- The United Kingdom is poised to lead the Western Europe market, with a forecasted Compound Annual Growth Rate (CAGR) of 6.1% over the designated period.
Competitive Landscape
Prominent players in the global market include:
Beverage-Air, Koolmore, Koldline, Delfield, Hyrda Kool, Marchia, Kool-It, Avantco Refrigeration, Micro Market, Universal.
Noteworthy Developments from Key Players:
In March 2023, Accucold, a division of Felix Storch, Inc. (FSI), expanded its range of vaccine refrigeration equipment certified to the NSF/ANSI 456 Vaccine Storage Standard. The Accucold Pharma-Vac Performance Series, available in 9 sizes, adheres to the latest standard through testing by an ANSI-accredited third-party laboratory.
In January 2023, Traulsen introduced its TF Flex Drawer under-counter refrigerator/freezer, equipped with a unique feature allowing the temperature of each drawer to be adjusted from cooling to freezing with a simple touch. Each drawer has the flexibility to operate at distinct temperature settings.
Further Valuable Insights Provided
Future Market Insights presents an impartial analysis of the global open air merchandizers and accessories market, encompassing historical data spanning from 2018 to 2022 and forecasted statistics extending from 2023 to 2033.
To discern opportunities within the open air merchandizers and accessories market, the report is categorized based on installation type (counter mounted, drop in, freestanding, and under counter), refrigeration type (remote refrigeration and self-contained refrigeration), components (evaporator, compressor, condenser, thermostat, and capillary tube), and distribution channel (offline stores and online retail stores), covering five significant regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).
For insights on global, regional, and country-level parameters with growth opportunities from 2023 to 2033, Buy Now – https://www.futuremarketinsights.com/checkout/17116
Key Segments Profiled in the Open Air Merchandizers and Accessories Market
By Installation Type:
- Counter Mounted
- Drop In
- Freestanding
- Under Counter
By Refrigeration Type:
- Remote Refrigeration
- Self-contained Refrigeration
By Components:
- Evaporator
- Compressor
- Reciprocating
- Hydrocarbon
- Scroll
- Condenser
- Thermostat
- Capillary tube
By Distribution Channel:
- Offline Stores
- Hypermarkets
- Departmental Stores
- Multi-brand Store s
- Discount Stores
- Specialty stores
- Online Retail Stores
About Future Market Insights (FMI)
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 favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube
