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Global Ice Merchandiser Market to Expand at CAGR of 1.8% From 2019 to 2024New Study Reports "Ice Merchandiser 2019 Global Market Opportunities, Challenges, Strategies and Forecasts 2028".
Scope of the report:
A new report added to the online inventory of Wise Guys Reports (WGR) discloses that the global ice merchandiser market is set to capture a compound annual growth rate (CAGR) of 1.8% between 2019 and 2024. The global ice merchandiser market is expected to reach to USD 240 million in 2024 up from USD 210 million in 2019.
Ice merchandiser is basically a freezer unit that is specially designed to display bagged ice. These ice merchandisers are used as commercial refrigeration units to store and display ice in many industries.
The benefit offered by ice merchandiser is also viewed as a prominent market driver. These products are used to store ice at the grocery, supermarket, or convenience store once ice is purchased. An ice merchandiser will not only keep ice safe and in original form, but will also boost its sales as well. However, some of the negative effects hampering the market size of ice merchandiser market are also studied in the report.
Some of the leading players of Ice Merchandiser that are included in the report include Leer, Star, Polartemp, IRP, Fogel, Master-Bilt, Turbo Air etc.
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Global Ice Merchandiser Market: Segmental Analysis
The segmental analysis of the market has been conducted based on type, application and region.
By type, the market has been segmented into Indoor Models and Outdoor Models.
Based on application, the market has been divided into Grocery Stores and Convenience Stores, Catering Companies, Supermarket, and others.
On the basics of sales channel, the market is divided into direct channel and distribution channel.
Global Ice Merchandiser Market: Regional Analysis
On the basis of region, the market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Rest of the World (RoW). In North America, countries such as the U.S. and Canada are covered. In Europe, countries such as the UK and Germany are covered. In APAC, countries such as Japan, China and India are covered. In Latin America, countries such as Brazil and Mexico are covered. When it comes to the Middle East and Africa, the countries included Saudi Arabia, Iran, Turkey, Africa and others are considered in the report. North America holds a major share in the global ice merchandise market due to establishment of numerous convenience Stores and supermarket in the region. Meanwhile, APAC is also remains an attractive market for ice merchandisers. It is projected that APAC region is set to make a significant contribution to the global ice merchandiser market in terms of revenue. Also, due to surge in national and international patients, the demand for global ice merchandiser market in hospitality sector is increasing greatly.
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The market in Europe is also expected to witness a sound growth during the forecasted period.
This report offers detailed historical analysis of global market for Ice Merchandiser from the period 2013-2018 and will help in understanding the global future market trends as well.
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