Market Overview:
The global commercial walk-in coolers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for refrigerated storage and display spaces in grocery stores and other retail outlets. In addition, the growing trend of online shopping is also contributing to the growth of this market. The global commercial walk-in coolers market can be segmented on the basis of type into prefabricated unit and built-in type. The prefabricated unit segment is expected to account for a larger share of the global commercial walk-in coolers market than the built-in type segment during the forecast period from 2018 to 2030. This can be attributed to their low installation costs as compared with built-in units, which makes them more affordable for small businesses and retailers. On the basis of application,the global commercial walk-In coolersmarket can be divided into grocery stores, others (such as restaurants, cafes), and others (including hospitals, schools).
Product Definition:
Walk-in coolers are commercial refrigeration units typically used in restaurants, grocery stores, and other foodservice operations. They are large enough for a person to walk into, hence the name. Walk-in coolers keep perishable items cold and fresh by regulating the temperature inside the unit. This is important for businesses that need to store large quantities of food or beverages.
Prefabricated Unit:
A prefabricated unit is a portable building system that consists of all the components required to construct an office suite, including walls, flooring, ceiling and insulation. It can be assembled in a day under controlled conditions with the help of cranes and other equipment. Prefabricated units are used for constructing commercial walk-in coolers as they offer ease in construction along with offering high thermal efficiency.
Built-In Type:
The built-in type is a refrigeration system that has the ability to be installed in commercial walk-in coolers. It is an advanced cooling technology that uses heat generated by the condenser to lower the temperature of a refrigerant circuit and thus reduces or eliminates the need for mechanical systems used for cooling. The major advantage of this technology over traditional mechanical systems is its compact size and low cost which makes it suitable for installation in small spaces where space is an issue.
Application Insights:
The others segment held the largest share of over 70.0% in 2017. The application includes restaurants, hospitality, and healthcare among other industries such as pharmaceuticals and food processing. These commercial coolers are widely used in the hospitality industry to maintain temperature for storing perishable products like alcohol, dairy products, and medical devices among others. Furthermore, these walk-in coolers are also installed at events or gatherings where a large number of people gather together such as sports games or concerts for providing cold drinks to the guests quickly with less waiting time.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for walk-in coolers in countries, such as China, India, Japan, South Korea and Australia. Increasing population coupled with rising consumer spending on food is anticipated to drive the regional market growth over the forecast period.
The Asia Pacific was followed by Europe which accounted for a revenue share of more than 20% in 2017 owing to high consumption of cold drinks among consumers across countries including Germany, France and Italy.
North America also held a significant revenue share owing to high adoption rates related walk-in cooler products among consumers especially those living within U.S.
Growth Factors:
- Increasing demand for processed and packaged food products is expected to drive the growth of the commercial walk-in coolers market during the forecast period.
- The rising trend of online grocery shopping is also anticipated to fuel the demand for commercial walk-in coolers in the near future.
- Rapid urbanization and growing disposable income are some other factors that are likely to contribute to the growth of this market in coming years.
- The increasing number of supermarkets, hypermarkets, and convenience stores is also projected to boost demand for commercial walk-in coolers in forthcoming years. 5) Growing awareness about food safety among consumers is another key factor that would propel adoption of these devices across various regions worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Walk-in Coolers Market Research Report
By Type
Prefabricated Unit, Built-In Type
By Application
Grocery Stores, Others, Others
By Companies
Nor-Lake, Kolpak, Americold, Craig Industries, Bally Refrigerated Boxes, Canadian Curtis Refrigeration, Arctic Industries, U.S. Cooler, Bush Refrigeration
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Walk-in Coolers Market Report Segments:
The global Commercial Walk-in Coolers market is segmented on the basis of:
Types
Prefabricated Unit, Built-In Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Grocery Stores, Others, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nor-Lake
- Kolpak
- Americold
- Craig Industries
- Bally Refrigerated Boxes
- Canadian Curtis Refrigeration
- Arctic Industries
- U.S. Cooler
- Bush Refrigeration
Highlights of The Commercial Walk-in Coolers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Prefabricated Unit
- Built-In Type
- By Application:
- Grocery Stores
- Others
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Commercial Walk-in Coolers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Consumer Insights
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Commercial walk-in coolers are large, industrial-grade refrigerators that can be found in many businesses and warehouses. They are typically used to store food and beverages, and they can hold a lot of inventory. Commercial walk-in coolers are often more expensive than standard refrigerators, but they offer a lot of benefits for businesses. They're reliable and durable, so they can handle a lot of traffic. And because commercial walk-ins tend to be larger than regular fridges, they're easier to access for customers.
Some of the key players operating in the commercial walk-in coolers market are Nor-Lake, Kolpak, Americold, Craig Industries, Bally Refrigerated Boxes, Canadian Curtis Refrigeration, Arctic Industries, U.S. Cooler, Bush Refrigeration.
The commercial walk-in coolers market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Walk-in Coolers Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Commercial Walk-in Coolers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Commercial Walk-in Coolers Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Commercial Walk-in Coolers Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Commercial Walk-in Coolers Market Size & Forecast, 2020-2028 4.5.1 Commercial Walk-in Coolers Market Size and Y-o-Y Growth 4.5.2 Commercial Walk-in Coolers Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Prefabricated Unit
5.2.2 Built-In Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Grocery Stores
6.2.2 Others
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Walk-in Coolers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Commercial Walk-in Coolers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Prefabricated Unit
9.6.2 Built-In Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Grocery Stores
9.10.2 Others
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Prefabricated Unit
10.6.2 Built-In Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Grocery Stores
10.10.2 Others
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Prefabricated Unit
11.6.2 Built-In Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Grocery Stores
11.10.2 Others
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Prefabricated Unit
12.6.2 Built-In Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Grocery Stores
12.10.2 Others
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Prefabricated Unit
13.6.2 Built-In Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Grocery Stores
13.10.2 Others
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Commercial Walk-in Coolers Market: Competitive Dashboard
14.2 Global Commercial Walk-in Coolers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nor-Lake
14.3.2 Kolpak
14.3.3 Americold
14.3.4 Craig Industries
14.3.5 Bally Refrigerated Boxes
14.3.6 Canadian Curtis Refrigeration
14.3.7 Arctic Industries
14.3.8 U.S. Cooler
14.3.9 Bush Refrigeration