Glass Door Refrigerators Market to Reach at an Explosive Amount of Us$13.66 Bn by 2023

Proliferation of supermarkets, hotels, and cafes, changing food consumption trends, and increasing food safety and quality regulations are some major factors driving the global glass door refrigerator market. A growing retail network and food industry, rise in consumer spending coupled with the development of improved and technologically advanced refrigeration systems is influencing the way glass door refrigerators are being adopted across the food and beverage and retail industries. Other sectors, such as biomedical, are also experiencing increased use of small-sized glass door refrigerators with critical-temperature-control features. This research study on the global glass door refrigerator market provides a detailed analysis of how different retail channels in different regions across the globe are using glass door refrigerators to reduce overall power consumption by using energy-efficient systems.

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This Market was worth US$6.53 bn in 2014 and is expected to reach US$13.66 bn by 2023, expanding at a CAGR of 8.6% from 2015 to 2023. Asia Pacific was the largest market for glass door refrigerators in 2014. Growth in this region is expected to be driven by urbanization, changes in food consumption habits, a developed food and beverages industry, and retail infrastructure.

Glass door refrigerators are widely deployed in retail channels that demand an energy-efficient and cost-effective refrigeration system. This is because glass door refrigerators allow for the display of products that require cold storage to drive customer engagement and enhance sales and productivity. Glass door refrigerators are specially designed to display and store. These are commonly used by supermarkets/hypermarkets; grocery stores; hotels/restaurants; catering businesses; nonconventional outlets, such as gas stations; and kiosks/local grocers....