Walk-In Coolers Market Size - By Product Type (Seld-contained, Remote Condensing, Multiplex Walk-ins), By Storage Capacity, By Curtain Type, By Application, By Distribution Channel, Temperature Range, Power Consumption & Forecast 2024

Description

The walk-in coolers market is anticipated to witness more than 5.7% CAGR from 2024 to 2032, due to the increasing demand for food preservation solutions in the food & beverage sector. With rising consumer preference for fresh and perishable goods, businesses are increasingly investing in walk-in coolers to maintain product quality and extend shelf life.

The demand for fresh goods has influenced the adoption of organic products. According to the report by the U.S. Dept. of Agriculture, in 2021, organic sales constituted approximately 3% of total U.S. farm receipts. The mandatory spending authorization for the Organic Agriculture Research and Extension Initiative has seen significant growth, increasing from $3 million in 2002 to $50 million in 2023. The supportive policies for organic produce, in consort with stringent regulations regarding food safety and storage standards are driving the adoption of advanced cooling solutions, further boosting market growth.

The walk-in coolers market is classified based on product type, storage capacity, curtain type, application, distribution channel, temperature range, power consumption, and region.

Remote condensing product type segment is predicted to record strong demand through 2032 as it offers enhanced efficiency and flexibility. These systems eliminate the need for on-site condensing units, allowing for more space utilization within the cooler and reducing noise levels in operational environments. Additionally, remote condensing units offer easier maintenance and servicing, contributing to cost savings for businesses. As a result, many end-users are opting for remote condensing solutions to optimize their cooling operations and improve overall efficiency.

The 3 to 5 tonnes storage capacity segment is expected to generate massive revenues in the market by 2032, driven by the increasing demand from small to medium-sized businesses. These businesses, including restaurants, grocery stores, and convenience stores, require efficient cooling solutions to preserve perishable goods while managing limited space constraints. Walk-in coolers with a storage capacity of 3 to 5 tonnes offer an ideal balance of size and functionality, catering to the needs of these establishments. Additionally, advancements in insulation technologies and temperature control systems are further enhancing the appeal of medium-sized walk-in coolers among end-users.

Europe walk-in coolers market size will grow at a significant pace through 2032, owing to the region's thriving food & beverage sector, coupled with stringent regulations regarding food safety and storage. The increasing focus on energy efficiency and sustainability is encouraging businesses to invest in eco-friendly walk-in cooler systems. Moreover, technological advancements and innovations in refrigeration technologies, coupled with a growing emphasis on maintaining product quality and reducing food waste, the regional market will present lucrative opportunities for the walk-in cooler manufacturers.

Product Code: 8012

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast parameters
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360 degree synopsis, 2018 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Technology & innovation landscape
3.3 Key news and initiatives
3.4 Regulatory landscape
3.5 Impact forces
- 3.5.1 Growth drivers
  - 3.5.1.1 Growing food & beverage industry
  - 3.5.1.2 Expanding pharmaceutical & healthcare sectors
  - 3.5.1.3 Urbanization and retail expansion
- 3.5.2 Industry pitfalls & challenges
  - 3.5.2.1 High initial costs
  - 3.5.2.2 Energy consumption concerns
3.6 Consumer buying behavior analysis
3.7 Growth potential analysis
3.8 Porter's analysis
- 3.8.1 Supplier power
- 3.8.2 Buyer power
- 3.8.3 Threat of new entrants
- 3.8.4 Threat of substitutes
- 3.8.5 Industry rivalry
3.9 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates & Forecast, By Product Type, 2018 - 2032, (USD Billion) (Thousand Units)

5.1 Key trends
5.2 Self-contained
5.3 Remote condensing
5.4 Multiplex walk-ins

Chapter 6 Market Estimates & Forecast, By Temperature Range, 2018 - 2032, (USD Billion) (Thousand Units)

6.1 Key trends
6.2 20F - 28F
6.3 28F - 32F
6.4 32F - 35F
6.5 36F - 40F

Chapter 7 Market Estimates & Forecast, By Power Consumption, 2018 - 2032, (USD Billion) (Thousand Units)

7.1 Key trends
7.2 Up to 1 KWH
7.3 2 to 3 KWH
7.4 4 to 5 KWH
7.5 Above 5 KWH

Chapter 8 Market Estimates & Forecast, By Storage Capacity, 2018 - 2032, (USD Billion) (Thousand Units)

8.1 Key trends
8.2 Up to 2 tons
8.3 3 to 5 tons
8.4 6 to 10 tons
8.5 Above 10 tons

Chapter 9 Market Estimates & Forecast, By Curtain Type, 2018 - 2032, (USD Billion) (Thousand Units)

9.1 Key trends
9.2 Strip curtain
9.3 Air curtain

Chapter 10 Market Estimates & Forecast, By Application, 2018 - 2032, (USD Billion) (Thousand Units)

10.1 Key trends
10.2 Food & beverage
10.3 Healthcare
10.4 Pharmaceuticals
10.5 Floral
10.6 Mortuary
10.7 Convenience stores

Chapter 11 Market Estimates & Forecast, By Distribution Channel, 2018 - 2032, (USD Billion) (Thousand Units)

11.1 Key trends
11.2 Direct sales
11.3 Indirect sales

Chapter 12 Market Estimates & Forecast, By Region, 2018 - 2032, (USD Billion) (Thousand Units)

12.1 Key trends
12.2 North America
- 12.2.1 U.S.
- 12.2.2 Canada
12.3 Europe
- 12.3.1 Germany
- 12.3.2 UK
- 12.3.3 France
- 12.3.4 Italy
- 12.3.5 Spain
- 12.3.6 Rest of Europe
12.4 Asia Pacific
- 12.4.1 China
- 12.4.2 India
- 12.4.3 Japan
- 12.4.4 South Korea
- 12.4.5 Australia
- 12.4.6 Malaysia
- 12.4.7 Indonesia
- 12.4.8 Rest of Asia Pacific
12.5 Latin America
- 12.5.1 Brazil
- 12.5.2 Mexico
- 12.5.3 Rest of Latin America
12.6 MEA
- 12.6.1 Saudi Arabia
- 12.6.2 UAE
- 12.6.3 South Africa
- 12.6.4 Rest of MEA

Chapter 13 Company Profiles (Business Overview, Financial Data, Product Landscape, Strategic Outlook, SWOT Analysis)

13.1 ABN Refrigeration Manufacturing
13.2 American Panel Corporation
13.3 Arctic Walk-in Coolers & Walk-in Freezers
13.4 Beverage Air
13.5 Canadian Curtis Refrigeration Inc.
13.6 Carrier Corporation
13.7 Danfoss A/S
13.8 Emerson Electric Co.
13.9 Everidge Inc.
13.10 Hussmann Corporation
13.11 Imperial Brown Inc.
13.12 Kolpak
13.13 Standex International Corporation
13.14 Viessmann Group

Walk-In Coolers Market Size - By Product Type (Seld-contained, Remote Condensing, Multiplex Walk-ins), By Storage Capacity, By Curtain Type, By Application, By Distribution Channel, Temperature Range, Power Consumption & Forecast 2024 - 2032