Refrigerated Display Cases Market with Current Trends Analysis,2015-2 FMI | Page 4

Report Description Report Description Asia Pacific as a region is expected to show the highest growth rate due to its macroeconomic fundamentals, increasing per capita income and increasing demand for CSD and water bottles. Regions such as Western Europe and North America are expected to witness modest growth rate due to a high volume in both of these regions. With the increase in the retail industry in Eastern Europe, Middle East and Latin America the demand for RDC’s is expected to witness a substantial growth rate hence putting a bullish trend on the Market value. Refrigeration Industry directly depends on the increase in GDP and increase in per capita income. The increase in non OECD countries in the next decade will result outpace the growth in OECD countries due to greater percentage of population witnessing economic prosperity. Mature markets such as Europe and North America are expected drive the demand for more energy efficient refrigerated cases in order to reduce wastage. Sustainable products will witness a greater acceptance in the industry compared to their inferior counterparts due to more relevance of energy conservation. Also, there has been a growth in the re-manufactured RDC’s which help in the environmen