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Walk-In Coolers Market Share

Report ID: GMI8012
Published Date: Feb 2024
Report Format: PDF

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Walk-in Coolers Market Share

In 2023, major market players, including American Panel Corporation, Arctic Walk-in Coolers & Walk-in Freezers, Beverage Air, Carrier Corporation, Emerson Electric Co., and Kolpak collectively held around 45-50% market share. The walk-in cooler market is fragmented, with large established companies holding greater shares. These prominent players are proactively involved in strategic endeavors such as mergers & acquisitions, facility expansions, and collaborations to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position. These enterprises consistently allocate resources to R&D, aiming to enhance their designs and integrate cutting-edge technologies, ensuring they maintain a competitive edge.

Global Company Market Share Analysis (%) (2023)

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Major players operating in the walk-in coolers industry include:

ABN Refrigeration Manufacturing
American Panel Corporation
Arctic Walk-in Coolers & Walk-in Freezers
Beverage Air
Canadian Curtis Refrigeration Inc.
Carrier Corporation
Danfoss A/S
Emerson Electric Co.
Everidge Inc.
Hussmann Corporation
Imperial Brown Inc.
Kolpak
Standex International Corporation
Viessmann Group

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of walk-in coolers was reached USD 10 billion in 2023 and is anticipated to register a CAGR of over 5.7% between 2024 and 2032, driven by the increasing demand for efficient and reliable cold storage solutions across various industries.

The food & beverage sector held the largest market share of 40% in 2023, attributed to the role walk-in coolers play in preserving perishable goods.

North America held approximately 35% share the global walk-in coolers market in 2023, favored by the thriving F&B sector, along with stringent regulations governing food safety.

ABN Refrigeration Manufacturing, Viessmann Group, American Panel Corporation, Standex International Corporation, Arctic Walk-in Coolers & Walk-in Freezers, Kolpak, Beverage Air, Imperial Brown Inc., Canadian Curtis Refrigeration Inc., Hussmann Corporation, Carrier Corporation, Everidge Inc., Danfoss A/S, and Emerson Electric Co.