U.S. Walk-in Coolers Market Size - By Product Type (Self-Contained, Remote Condensing, Multiplex Walk-ins), By Power Consumption, By Storage Capacity, By Curtain Type, By Application, By Distribution Channel, By Temperature Range & Forecast, 2024 - 2032

U.S. Walk-in Coolers Market Size - By Product Type (Self-Contained, Remote Condensing, Multiplex Walk-ins), By Power Consumption, By Storage Capacity, By Curtain Type, By Application, By Distribution Channel, By Temperature Range & Forecast, 2024 - 2032

U.S. Walk-in Coolers Market Size

U.S. Walk-In Coolers Market was valued at USD 600 million in 2023 and is estimated to grow at a CAGR of 4.9% during 2024 to 2032. The growth of supermarkets, convenience stores, restaurants, and other food service establishments drives the demand for walk-in coolers. These establishments require efficient refrigeration solutions to store perishable items such as dairy products, meat, fruits, and vegetables.

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Increasing demand for cold storage facilities by food producers, distributors, and retailers to maintain food quality and comply with food safety regulations fuels the market for walk-in coolers. These facilities require reliable refrigeration solutions for large-scale storage. Pharmaceutical companies and laboratories require precise temperature control for storing vaccines, medications, and biological samples. Walk-in coolers provide the necessary temperature stability and security required for pharmaceutical storage. Florists and wholesalers depend on walk-in coolers to maintain the freshness and extend the shelf life of fresh flowers. These coolers help preserve the quality and appearance of flowers before they reach retail stores or customers.
 

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Walk-in coolers represent a significant upfront investment for businesses, particularly smaller enterprises and startups. The cost includes not only the unit itself but also installation, maintenance, and energy consumption expenses. This initial cost can be a barrier to entry for some businesses, especially those operating on tight budgets. Walk-in coolers require regular maintenance to ensure optimal performance and longevity. The complexity of these systems, including compressors, condensers, and insulation, can lead to higher maintenance and repair costs over time. Businesses must budget for ongoing maintenance to prevent breakdowns and ensure food safety compliance.

U.S. Walk-in Coolers Market Trends

There is a growing emphasis on energy efficiency in walk-in cooler design and operation. Manufacturers are incorporating advanced insulation materials, energy-efficient compressors, LED lighting, and smart temperature contols to reduce energy consumption and operating costs. There is a growing trend towards modular walk-in coolers that offer flexibility in size, configuration, and installation. Modular units allow businesses to expand or reconfigure cold storage spaces more efficiently, minimizing downtime and operational disruptions. Regulatory agencies continue to enforce strict guidelines for food safety and storage temperatures. Walk-in coolers must comply with standards such as NSF/ANSI 7 for commercial refrigeration equipment and FDA regulations for storing perishable goods, driving demand for reliable and compliant cooling solutions.

U.S. Walk-in Coolers Market Analysis

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Based on product type, the self-contained segment was crossed USD 400 million in 2023 and is expected to reach USD 600 million by 2032. Self-contained walk-in coolers are popular due to their ease of installation and operation. They come as a single unit with integrated refrigeration systems, eliminating the need for separate condensing units. Businesses find them convenient for quick setup, especially in locations with limited space or access. These coolers cater to a wide range of applications, from small restaurants and convenience stores to healthcare facilities and floral shops. Their versatility in size and capacity makes them suitable for various storage needs, driving demand across different industries.

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Based on temperature range, the 20F – 28F segment accounted for over 41% share of the U.S. walk-in cooler market in 2023. Walk-in coolers in this range are crucial for storing perishable food items such as dairy products, meat, and fresh produce. Demand is driven by the need to maintain freshness and quality in grocery stores and supermarkets. Walk-in coolers in this range are also essential for storing beverages like beer, wine, soft drinks, and other chilled drinks. Florists and flower shops require walk-in coolers in this range to preserve the freshness and extend the shelf life of flowers and plants.

U.S. Walk-in Coolers Market Share

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Walk-in Coolers industry seem to be consolidated in nature due to presence of local and global players across the globe. In 2023, the market players such as American Panel Corporation, Amerikooler, Bally Refrigerated Boxes, Inc., Bush Refrigeration, Carrier Corporation, Commercial Refrigerator Door Company, Craig Industries Everidge collectively held around 5%-10% market share. These prominent players are proactively involved in strategic endeavors, such as mergers & acquisitions, facility expansions & collaborations, to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position.

U.S. Walk-in Coolers Market Companies

Major players operating in the walk-in coolers industry are

• American Panel Corporation
• Amerikooler
• Bally Refrigerated Boxes, Inc.
• Bush Refrigeration
• Carrier Corporation
• Commercial Refrigerator Door Company
• Craig Industries
• Everidge
• Imperial Brown
• Kolpak
• Master-Bilt
• Nor-Lake
• Polar King International, Inc.
• SRC Refrigeration
• Thermo-Kool
• US Cooler

U.S. Walk-in Coolers Industry News

• In July 2023, Viessmann Refrigeration Solutions acquired a majority stake in BMIL Technologies, a refrigerated warehouses and cold storage company based in North Carolina. The acquisition accelerated Viessmann’s transition towards natural refrigerant solutions for clean and cold rooms in the North American market.
• In May 2023, Imperial Brown, a leading manufacturer of custom walk-in coolers and freezers, began production at its fourth manufacturing plant, located in Tucson, Arizona. With 102,000 square feet under roof, the factory will reduce shipping costs and lead time for delivery of walk-in coolers and freezers for clients in the Southwestern U.S., including the states of Arizona, southern California, Nevada, New Mexico, and portions of Utah and Colorado.

This U.S. walk-in Coolers Market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Billion)(Thousand Units) from 2021 to 2032, for the following segments

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Market, By Product Type

• Self-Contained
• Remote Condensing
• Multiplex Walk-ins

Market, By Temperature Range

• 20F – 28F
• 28F – 32F
• 32F – 35F
• 36F – 40F

Market, By Power Consumption

• Up to 1 KWH
• 2 to 3 KWH
• 4 to 5 KWH
• Above 5 KWH

Market, By Storage Capacity

• Up to 2 tonnes
• 3 to 5 tonnes
• 6 to 10 tonnes
• Above 10 tonnes

Market, By Curtain Type

• Strip curtain
• Air curtain

Market, By Application

• Food and Beverage
• Healthcare &  Medical Facilities
• Pharmaceuticals
• Floral
• Retail
• Others (Agriculture, Mortuary, etc.)

Market, By Distribution Channel

• Direct Sales
• Indirect Sales