The demand for walk-in coolers and freezers in the United States is expected to experience steady growth over the forecast period, driven by a projected compound annual growth rate (CAGR) of 5.2%. This growth can be attributed to various factors, including the expanding foodservice and retail sectors, the increasing need for cold storage solutions due to the rise in online food delivery and grocery shopping, and advancements in energy-efficient refrigeration technologies.
As businesses across industries such as supermarkets, restaurants, and warehouses continue to prioritize food safety and inventory management, the demand for reliable and cost-effective walk-in coolers and freezers is anticipated to remain strong throughout the coming years.
Walk-in coolers and freezers are essential for storing perishable goods, ensuring their safety and quality until they are ready for distribution or consumption.
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Key Drivers of Growth
Several factors are contributing to the remarkable growth of the U.S. walk-in cooler and freezer market:
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Increased Demand for Frozen and Perishable Food
The demand for frozen food products has surged in the U.S., especially since the onset of the COVID-19 pandemic. Consumer preferences have shifted towards frozen meals, ice cream, and other perishable items due to convenience, affordability, and the ability to store products for longer periods. As the demand for such products continues to rise, the need for reliable walk-in cooler and freezer units in grocery stores, food service outlets, and warehouses grows exponentially. -
Technological Advancements
Over the past decade, refrigeration technology has evolved significantly. The introduction of energy-efficient cooling systems, smart sensors, and IoT-based monitoring systems has allowed operators to streamline their operations, reduce energy consumption, and improve performance. In addition, advancements in refrigeration systems, such as the adoption of natural refrigerants like CO2 and ammonia, have led to environmentally friendly alternatives to traditional refrigeration technologies. -
Foodservice Sector Expansion
As the restaurant and foodservice industry continues to expand, the need for walk-in coolers and freezers in kitchens and dining establishments has also grown. With the explosion of food delivery services and the rise of cloud kitchens, restaurants are looking for larger storage solutions that can handle the increased volume of frozen food and fresh produce, especially for inventory management and waste reduction. -
E-commerce Growth
The rapid expansion of e-commerce platforms, especially in the grocery and frozen food sectors, has further driven demand for walk-in coolers and freezers. Online grocery retailers, as well as direct-to-consumer frozen food companies, require reliable and efficient refrigeration solutions to store and deliver products quickly while maintaining high-quality standards. -
Healthcare and Pharmaceutical Storage Needs
In addition to the food industry, the healthcare sector has seen increased use of walk-in coolers and freezers for the storage of pharmaceuticals, vaccines, and medical supplies. As the pharmaceutical industry grows, especially with the continued distribution of vaccines, there is a greater need for controlled storage environments to ensure the safety and efficacy of these products.
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United States Walk-in Cooler and Freezer Industry Players
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Dover Corporation
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Panasonic Corporation
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Welbilt, Inc.
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Danfoss
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USA Cooler
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SRC Refrigeration
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Tmp Manufacturing Company Inc.
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American Panel Corporation
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Arctic Industries Inc.
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Amerikooler LLC
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United States Walk-in Cooler and Freezer Industry Segmentation
By Equipment Type:
- Coolers
- Freezers
By Usage Type:
- Purchased
- Mobile / Rental
- Transport
By Place of Usage:
- Indoor
- Outdoor
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