With the resurgence of the nonresidential construction industry and improved performance of downstream markets, revenue for the Walk-in and Cabinet Cooler Manufacturing industry has expanded over the past five years. Credit conditions have also relaxed over the past five years, restoring restaurants', grocers' and warehouses' ability to borrow money to invest in new capital, contributing to improving industry performance. With construction activity set to continue recovering over the next five years and demand from downstream industries growing alongside disposable income, the industry is set to continue its steady expansion.
This industry manufactures walk-in and cabinet coolers and freezers, which are defined as enclosed storage spaces held at a temperature at or below 55.0 degrees Fahrenheit that have a total chilled storage area of less than 3,000 square feet. These products are primarily used in the restaurant and retail sectors, but the industry excludes products designed and marketed exclusively for medical, scientific, or research purposes.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.