The global free standing display units market is poised for significant growth, with an anticipated CAGR of 5.2% between 2023 and 2033. Starting at an estimated valuation of USD 3.26 billion in 2023, the market is expected to hold a substantial market share of USD 5.41 billion by 2033, according to recent analysis.
This growth trajectory is driven by increasing urbanization in developing regions, a shift in consumer lifestyles, and a surge in retail store establishments. In India, for instance, the retail industry remains highly competitive, with over 13 million Kirana stores. Major players like Reliance Retail Limited, which operates over 12,000 outlets, alongside Aditya Birla Fashion and Retail, Avenue Supermarts Limited, and others, dominate the market landscape.
Expanding supermarket chains worldwide are also expected to significantly boost the demand for free-standing display units. Additionally, optimized shelf space allocation and product inventory management play critical roles in fueling this demand.
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The food and beverage industry further contributes to this market growth, as the demand for ready-to-eat and packaged food products rises. Innovations in packaged food offerings are expected to enhance market expansion during the forecast period. For example, New Delhi-based food venture Sattviko recently launched a marketplace for packaged ‘Satvik’ foods, showcasing how strategic initiatives can propel the demand for free-standing display units.
Key Takeaways: Free Standing Display Units Market
- The United States market leads the North American free standing display units market in terms of market share in North America. The United States held a leading market share in 2022. The factors attributed to the growth of different industries such as FMCG, food and beverages, etc. The North American region held a 19.9% market share in 2022.
- The German free standing display units market held a healthy market share of 11.6% in 2022. Higher economic activities, food and beverage production, and rising tourist footfall cause market growth.
- The Indian market thrives at a healthy CAGR between 2023 and 2033. The growth is attributed to the new brands entering the market, companies adopting advertising and promotion-based companies for offline and online marketing.
- The Asia Pacific market held a market share of 18.9% in 2022. Emerging economies like China and India are responsible for the growth.
- There are paper, plastic, glass, metal, and other materials free standing display units based on material type.
- Based on end users, there is the food and beverage sector, the automobile industry, the home care industry, the paint industry, and the furniture industry.
Competitive Analysis
Key players in the global free-standing display units market include Bladen Box & Display, Silverpoint Display, Diamondpak, Pinterest, Splash Display Ltd Daytona, Cardboard Box Company, WH Skinner, Atlas Packaging, Shenzhen Bon Voyage Display Products Co., Ltd., Arno Gmbh, Foshan Kai Shine Loong Display Rack Co., Ltd., Zhongshan Detron Display Products Co., Ltd., Foshan Huayuexing Metal Production Co., Ltd., Shenzhen Apex Artcrafts Co., Ltd., and Guangzhou Xinchangyuan Furniture Design & Co.
Recent Developments
- Bladen Box & Display, an ISO 9001-certified player, offers a range of FSDUs, standees, life-size cut-outs, leaflet holders, and more. Its promotional product displays offering inexpensive solutions in the form of lightweight floor-standing displays. These are situated at the end of aisles, improving product sales by 30%, with colors playing a pivotal role in attracting customer attention.
- In August 2021, Silverpoint Display introduced a series of ideas to assist retailers and other distribution channels through which they could enhance their exhibition stand designs. Some ideas included going green concerning materials used for FSDUs, including impressive strategies to improve customer engagement and introducing virtual worlds to garner an online customer base.
Key Segments Covered
By Materials Type:
- Paper
- Plastic
- Glass
- Metal
- Other Materials
By Shape:
- Square
- Rectangular
- Customized
By Film Thickness:
- Thick
- Semi-Thick
- Customized
By End Use:
- Food & Beverage Sector
- Automobile Industry
- Personal Care & Cosmetic
- Home Care Industry
- Hardware Industry
- Paint Industry
- Furniture Industry
- Other Industry
Key Regions Covered:
- North America
- Latin America
- Europe
- Japan
- Asia Pacific Excluding Japan
- The Middle East and Africa
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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