Market Overview:
The global walk-in freezers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for frozen food products, rising disposable income, and growing urbanization. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into prefabricated unit and built-in type. Prefabricated units are more popular among end users as they are easy to install and do not require any civil work or construction activity on site. On the basis of application, restaurants account for a major share in terms of revenue followed by grocery stores and others (includes convenience stores, institutional kitchens). Restaurants are increasingly adopting walk-in freezers owing to their growing demand for frozen food products such as pizza, chicken wings etc.
Product Definition:
Walk-In Freezers are refrigerators without shelves that are large enough for a person to walk in. They are typically used to store perishable items, such as meat, dairy products, and produce.
Prefabricated Unit:
A prefabricated unit (PU) is a self-contained structure, which consists of essential elements such as electrical service, water supply and sewageage connection for the building. It is built in a controlled environment using modular components and finished off with an external wall. The finished product has gained popularity over the past few years owing to its cost effectiveness along with better energy efficiency provided by them than conventional buildings.
Built-In Type:
The built-in type is used in the walk-in freezers market. It is also known as the defrost freezer or below freezing point freezer. The heat generated by an opened door can damage food and delay its shelf life, so to avoid this, a built-in type is used which generates low (or no) heat inside the freezer.
This technology was first implemented in commercial buildings such as hospitals & colleges.
Application Insights:
The restaurants segment dominated the global walk-in freezers market in 2017. The segment is expected to witness significant growth over the forecast period owing to an increase in demand for quick serve meals and snacks. Furthermore, manufacturers are focusing on providing energy efficient solutions by installing them at commercial locations such as restaurants and hotels. For instance, In June 2016, Electrolux launched a new freezer with integrated LED lighting system that consumes 70% less energy than conventional fluorescent systems.
Grocery stores are projected to be one of the fastest growing application segments over the forecast period owing to increasing consumer demand for frozen food items such as ice creams, sorbets and desserts among others which require a longer storage time from their manufacturing date.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a considerable growth rate of 4.6% over the forecast period, owing to increasing demand for convenient food storage units from consumers across the U.S., Canada, and Mexico.
Asia Pacific is expected to expand at a CAGR of XX% over the forecast period on account of rapid urbanization and rising disposable income levels among consumers in emerging economies such as China and India.
Growth Factors:
- Increasing demand for frozen food products: The global frozen food market is projected to grow at a CAGR of 5.4% from 2017 to 2022, reaching a value of USD 246.5 billion by 2022. This growth can be attributed to the increasing demand for convenience foods and the rising number of working women across the world. Frozen food products are easy-to-cook and offer a variety of flavors, which has led to their increasing popularity among consumers.
- Technological advancements in walk-in freezers: The walk-in freezer market is witnessing rapid technological advancements, with manufacturers focusing on developing energy efficient and user-friendly models. For instance, Ingersoll Rand (a leading manufacturer of walk-in freezers) has developed an intelligent freezer that uses sensors to monitor temperature and humidity levels inside the freezer cabinet in order to maintain optimal conditions for storing food items. Such technological advancements are likely to boost the adoption rate of walk-in freezers among consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Walk-In Freezers Market Research Report
By Type
Prefabricated Unit, Built-In Type
By Application
Restaurants, Grocery Stores, 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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Walk-In Freezers Market Report Segments:
The global Walk-In Freezers 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
Restaurants, Grocery Stores, 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 Walk-In Freezers 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:
- Restaurants
- Grocery Stores
- 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 Walk-In Freezers 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Walk-in freezers are a type of refrigerator that allow customers to walk in and take whatever they want without having to go through a checkout line.
Some of the key players operating in the walk-in freezers market are Nor-Lake, Kolpak, Americold, Craig Industries, Bally Refrigerated Boxes, Canadian Curtis Refrigeration, Arctic Industries, U.S. Cooler, Bush Refrigeration.
The walk-in freezers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Walk-In Freezers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Walk-In Freezers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Walk-In Freezers Market - Supply Chain
4.5. Global Walk-In Freezers Market Forecast
4.5.1. Walk-In Freezers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Walk-In Freezers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Walk-In Freezers Market Absolute $ Opportunity
5. Global Walk-In Freezers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Walk-In Freezers Market Size and Volume Forecast by Type
5.3.1. Prefabricated Unit
5.3.2. Built-In Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Walk-In Freezers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Walk-In Freezers Market Size and Volume Forecast by Application
6.3.1. Restaurants
6.3.2. Grocery Stores
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Walk-In Freezers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Walk-In Freezers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Walk-In Freezers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Walk-In Freezers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Walk-In Freezers Demand Share Forecast, 2019-2026
9. North America Walk-In Freezers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Walk-In Freezers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Walk-In Freezers Market Size and Volume Forecast by Application
9.4.1. Restaurants
9.4.2. Grocery Stores
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Walk-In Freezers Market Size and Volume Forecast by Type
9.7.1. Prefabricated Unit
9.7.2. Built-In Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Walk-In Freezers Demand Share Forecast, 2019-2026
10. Latin America Walk-In Freezers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Walk-In Freezers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Walk-In Freezers Market Size and Volume Forecast by Application
10.4.1. Restaurants
10.4.2. Grocery Stores
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Walk-In Freezers Market Size and Volume Forecast by Type
10.7.1. Prefabricated Unit
10.7.2. Built-In Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Walk-In Freezers Demand Share Forecast, 2019-2026
11. Europe Walk-In Freezers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Walk-In Freezers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Walk-In Freezers Market Size and Volume Forecast by Application
11.4.1. Restaurants
11.4.2. Grocery Stores
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Walk-In Freezers Market Size and Volume Forecast by Type
11.7.1. Prefabricated Unit
11.7.2. Built-In Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Walk-In Freezers Demand Share, 2019-2026
12. Asia Pacific Walk-In Freezers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Walk-In Freezers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Walk-In Freezers Market Size and Volume Forecast by Application
12.4.1. Restaurants
12.4.2. Grocery Stores
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Walk-In Freezers Market Size and Volume Forecast by Type
12.7.1. Prefabricated Unit
12.7.2. Built-In Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Walk-In Freezers Demand Share, 2019-2026
13. Middle East & Africa Walk-In Freezers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Walk-In Freezers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Walk-In Freezers Market Size and Volume Forecast by Application
13.4.1. Restaurants
13.4.2. Grocery Stores
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Walk-In Freezers Market Size and Volume Forecast by Type
13.7.1. Prefabricated Unit
13.7.2. Built-In Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Walk-In Freezers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Walk-In Freezers Market: Market Share Analysis
14.2. Walk-In Freezers Distributors and Customers
14.3. Walk-In Freezers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Nor-Lake
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kolpak
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Americold
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Craig Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bally Refrigerated Boxes
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Canadian Curtis Refrigeration
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Arctic Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. U.S. Cooler
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Bush Refrigeration
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
