U.S. Walk-in Freezers Market, By Type (Self-Contained, Remote Condensing, and Multiplex Condensing), System Type (Remote Systems, Pre-Assembled Remote Systems, Standard Top-Mount, Side-Mount Refrigeration System, Saddle Mount Refrigeration System, Penthouse Refrigeration System, Roll Up Refrigeration System, and Others), Door Type (Single Door, Double Door, Triple Door, and Others), Technology (fully Automatic, Semi-Automatic, and Manual), Curtain Type (Strip Curtains and Air Curtains), Distribution Channel (Direct Sales/B2B, Specialty Stores, E-Commerce, and Others), End-User (Industrial, Commercial, Transport, and Residential) - Industry Trends and Forecast to 2030.
U.S. Walk-In Freezers Market Analysis and Size
The U.S. walk-in freezers market is expected to grow significantly in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 3.4% in the forecast period of 2023 to 2030 and is expected to reach USD 1,468,742.94 thousand by 2030. The major factor driving the increasing consumption of pre-packed foods along with the fast food chains across the U.S.
The U.S. walk-in freezers market report provides details of market share, new developments, and the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, products approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an analyst brief. Our team will help you create a revenue-impact solution to achieve your desired goal.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable 2015-2020)
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Quantitative Units
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Revenue in USD Thousand
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Segments Covered
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Type (Self-Contained, Remote Condensing, and Multiplex Condensing), System Type (Remote Systems, Pre-Assembled Remote Systems, Standard Top-Mount, Side-Mount Refrigeration System, Saddle Mount Refrigeration System, Penthouse Refrigeration System, Roll Up Refrigeration System, and Others), Door Type (Single Door, Double Door, Triple Door, and Others), Technology (fully Automatic, Semi-Automatic, and Manual), Curtain Type (Strip Curtains and Air Curtains), Distribution Channel (Direct Sales/B2B, Specialty Stores, E-Commerce, and Others), End-User (Industrial, Commercial, Transport, and Residential)
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States Covered
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California, Texas, Florida, New York, Pennsylvania, and Rest of U.S.
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Market Players Covered
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Amerikooler. , Polar King. International, Inc., Master-Bilt Products, LLC, AMERICAN WALK-IN COOLERS LLC, U.S. Cooler. ( Subsidiary of Craig Industries, Inc.), Foster Refrigerators Enterprise, Inc., NorLake, Inc., Welbilt, Arctic Industries, American Cooler Technologies, and Darwin Chambers among others.
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Market Definition
Walk-in freezers are referred to as humongous, closed, and insulated refrigeration spaces that primarily find application in storing food or other goods easily perishable with exposure to moisture and oxygen in the atmosphere. Major end-users of these enormous walk-in refrigerators, and freezers units are mainly food and beverages, healthcare, restaurants, bars, supermarkets, and others.
U.S. Walk-in Freezers Market Dynamics
This section deals with understanding the market drivers, advantages, restraints, and challenges. All of this is discussed in detail below:
Drivers
- Increasing Consumption of Prepacked Food & Beverages along with Fast Food Chains across the U.S.
Prepacked food & beverages along with fast food materials are gaining popularity in the world over the years. This increasing consumption of prepacked food & beverages along with the fast-food chains across the globe is acting as a viable driver for the U.S. walk-in freezers market because the increasing consumption has to be responded with increased production of these food products which would require commercial refrigeration units such as walk-in freezers for preservation as these products have a very lower shelf-life.
- Availability of Commercial Walk-In Refrigerators and Freezers that are Customized as per the Demand of the Users
Although the huge size and space requirement of the commercial walk-in refrigerators and freezers pose a minor setback in the sales of these refrigeration units, the availability of commercial walk-in restaurants and freezers that are customized according to the users demand is acting as a countermeasure for the above set back, thus further driving the sales and revenue of the U.S. walk-in freezers market. As several manufacturers are offering services that allow users to customize the size and other technical specifications of the walk-in freezers, the threat posed by the huge size and financial requirement of freezers is subsided to a smaller degree. Further, these customization services allow the users to customize every inch of their product as per their personal and space requirements. As a result, the availability of such commercial freezers that are customized as per the demand of the users is acting as a substantial driver for the growth of the market.
Opportunities
- Technological Advancements in Compressor and Cooling Technologies
Modern technologies are developing at an enormous phase due to several scientific discoveries and realizations. One of the primary industries where these developments can be witnessed is the technological developments that happened in compressor and cooling technologies over the past few years. These developments in compressor and cooling technologies are acting as a substantial driver for the walk-in freezers market because of the improvements in efficiency and cooling these technological since these technological advancements can improve the efficiency of refrigeration units and reduce their power consumption, many new customers are motivated to buy these walk-in freezers.
- Increasing Consumer Preference Towards Organic Food Products
According to many recent studies, diet has a crucial role in determining the health of a person and plays a vital role in ensuring a disease-free life. As a result of this realization, more and more people are switching towards organic food products as a replacement for conveniently grown food products that were grown utilizing insecticides and pesticides during their growth phases. However, the increasing consumer preference towards organic food products is acting as an opportunity for the walk-in freezers market because these organic food products are preservative-free and need to be stored at proper temperature conditions to achieve their maximum shelf-life. The walk-in freezers do a brilliant job of ensuring that these organic food products are preserved properly without losing their freshness.
Restraints/Challenges
- High Energy Consumption and Large Carbon Footprint
Carbon footprint refers to the amount of carbon dioxide that is released into the atmosphere due to the working or activities of an individual or equipment. The carbon footprint has a direct relation with energy as fossil fuels that release carbon dioxide into the atmosphere is utilized for the production of all modes of energy. The high energy consumption of walk-in refrigerators and freezers is one of the biggest restraints of the walk-in freezers market as these commercial refrigeration devices consume a large unit of energy which indirectly will result in a much larger carbon footprint because of the carbon dioxide generated over the production of each of these units. The result of the combination of both of these problems associated with the walk-in freezers market is devastating to the plant. And this destructive tendency of the U.S. walk-in freezers market is acting as a restraint for the growth of the U.S. walk-in freezers market.
- High Repair and Maintenance Cost
Unlike domestic refrigeration units, commercial ones are bigger and more complex, as a result, any minor problem that arose in these systems would result in complex mechanical problems which may require expert care. However, the cost of this expert cares would further be higher than the traditional domestic refrigeration units. Moreover, the parts associated with these units are also expensive.
The repair and maintenance of a commercial refrigeration unit such as walk-in refrigerators or freezers costs are extremely complex and the cost of parts is humungous. Because of the more monetary expense, this repair and replacement would cause much higher than the cost required for the replacement of these units with a new one. As a result, the high repair and maintenance cost of walk-in freezers acts as a considerable restraint that prevents the growth of the U.S. walk-in freezers market.
Recent Developments
- In October 2022, U.S. Cooler. extruded insulation supply along with extra extruded walk-in frozen and refrigerated goods production capability. As a result of supply chain disruptions affecting the entire industry, expanded polyurethane (FIP) foam is scarce in the U.S. All pending orders were carried out right away. This aided in the company's market expansion.
- In June 2021, Roller + Associates and Arctic Industries launched a new partnership. In Washington, Oregon, Idaho, and Alaska, Roller has defended makers of food service equipment. This partnership with Roller + Associates took Arctic industries forward in the marketplace.
U.S. Walk-In Freezers Market Scope
The U.S. walk-in freezers market is segmented into seven notable segments, which are type, system type, door type, technology, curtain type, distribution channel, and end-user. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Type
- Self-Contained
- Remote Condensing
- Multiplex Condensing
On the basis of type, the market is segmented into self-contained, remote condensing, and multiplex condensing.
System Type
- Remote Systems
- Pre-Assembled Remote Systems
- Standard Top-Mount
- Side-Mount Refrigeration System
- Saddle Mount Refrigeration System
- Penthouse Refrigeration System
- Roll Up Refrigeration System
- Others
On the basis of system type, the market is segmented into remote systems, pre-assembled remote systems, standard top-mount, side-mount refrigeration system, saddle mount refrigeration system, penthouse refrigeration system, roll up refrigeration system, and others.
Door Type
- Single Door
- Double Door
- Triple Door
- Others
On the basis of door type, the market is segmented into single door, double door, triple door, and others.
Technology
- Fully Automatic
- Semi-Automatic
- Manual
On the basis of technology, the market is segmented into fully automatic, semi-automatic, and manual.
Curtain Type
- Strip Curtains
- Air Curtains
On the basis of curtain type, the market is segmented into strip curtains and air curtains.
Distribution Channel
- Direct Sales/B2B
- Specialty Stores
- E-Commerce
- Others
On the basis of distribution channel, the market is segmented into direct sales/B2B, specialty store, e-commerce, and others.
End–User
- Industrial
- Commercial
- Transport
- Residential
On the basis of end-user, the market is segmented into industrial, commercial, transport, and residential.
U.S. Walk-In Freezers Market Country Analysis/Insights
The U.S. walk-in freezers market is segmented on the basis of type, system type, door type, technology, curtain type, distribution channel, and end-user.
The states covered in the U.S. walk-in freezers market report are California, Texas, Florida, New York, Pennsylvania, and the rest of U.S. California is expected to dominate the U.S. walk-in freezers market in terms of market share and market revenue due to increasing consumption of pre-packed foods along with the fast food chains.
The states section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data point downstream and upstream value chain analysis, technical trends Porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of U.S. brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and U.S. Walk-In Freezers Market Share Analysis
The U.S. walk-in freezers market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to the market.
Some of the market players operating in the market are Amerikooler. , Polar King. International, Inc., Master-Bilt Products, LLC, AMERICAN WALK-IN COOLERS LLC, U.S. Cooler. ( Subsidiary of Craig Industries, Inc.), Foster Refrigerators Enterprise, Inc., NorLake, Inc., Welbilt, Arctic Industries, American Cooler Technologies, and Darwin Chambers among others.
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