USA Commercial Walk-In Refrigeration Market Size and Share Forecast Outlook (2022 to 2032)

USA Commercial Walk-In Refrigeration Market will have a worth of USD 1,980.1 Million by 2032, predicts Future Market Insights (FMI), growing at a CAGR of 4.31% between 2022 and 2032.

The refrigeration system is required due to the pluses of normal life habits, such as those of food and medical businesses. Walk-In Refrigeration comprises cold storage rooms, that contain coolers and freezers with a floor space of less than 3000 square feet that are used to refrigerate or freeze food, beverages, medicines, and other perishable commodities. They are used in a variety of cold chain businesses, including those that deal with food and beverage; industrial kitchens; retail food outlets; medicine; chemicals; and other fields.

Attributes Details
USA Commercial Walk-In Refrigeration Size (2021A) USD 1,250.4 Million
USA Commercial Walk-In Refrigeration Size (2022E) USD 1,298.1 Million
Projected Commercial Walk-In Refrigeration Value (2032F) USD 1,980.1 Million
Value CAGR (2022 to 2032) 4.3%

Some of the factors influencing the growth of the USA Commercial walk-in refrigeration market include an increase in the number of retail food services and commercial restaurants, strict government laws and regulations regarding refrigeration systems, a rising population, and an increase in purchasing power.

At present Southern USA dominates the Commercial Walk-In Refrigeration Market in the USA. FMI has analyzed that the Southern United States will hold 41.5% of the market share by 2032.

Refrigerator systems for food service are expected to grow in use across commercial restaurants, retail food service, and numerous other end uses. The number of warehouses and distribution centers used by e-commerce websites is steadily rising, which allows customers to make adjustments to their orders and pick them up conveniently. This led to a rise in the demand for quick-serve, ready-to-eat foods, which is what is expected to drive the commercial food market's growth during the course of the forecast period.

Research and development on Commercial Walk-In Refrigeration address the growing customer concern over product quality, especially the efficiency & life of raw materials used in production as well as it should as per the Government rules and regulations. The southern USA region contributes a higher share of the USA Commercial Walk-In Refrigeration Market.

Comparison of Demand Outlook (2017 to 2021) vs Forecast to 2032

The demand for the USA Commercial Walk-In Refrigeration market is USD 1,250.4 Million in 2021, increased in value at a CAGR of 1.4% between 2017 and 2021. As per FMI analysis, the USA Commercial Walk-In Refrigeration market is anticipated to grow at 4.3% CAGR by volume between 2022 and 2032.

Walk-In Refrigeration systems are not only used in commercial restaurants for the rising demand for ready-to-eat products in the regular lifestyle but also it is used over chilling stations for food, pharmaceuticals and hospitals, research laboratories, retail stores, and others. On the other side, in order to maintain the supply chain and boost the speed of the production market, manufacturers are enhancing the quality of walk-ins by using high-quality consumables and components such as refrigerants, rain roofs, refrigeration hoods, drip caps & other for Commercial Walk-In Refrigeration.

The growth of the USA Commercial Walk-In Refrigeration Market is anticipated to benefit from the expansion of the various end-use sectors such as F&B, Pharma, commercial food chains, and cold supply chains. In addition, it is projected that the growth of the pharmaceutical industry and the creation of research labs will lead to market expansion across various economies. For instance, a substantial number of pharmaceutical developments will be visible by the end of 2021 as a consequence of the Covid-19 global pandemic. In a similar vein, it is anticipated that rising demand & development of the pharmaceutical sector will drive demand for commercial walk-in refrigeration systems and boost the market.

Key Drivers Bolstering the Commercial Walk-In Refrigeration Market

Growing Number of Retail Stores and Demand for Ready-to-Eat Products

A shift in lifestyle, particularly in terms of the type of food consumed and the amount of time spent on these activities, poses a significant challenge to the food industry. In order to meet the rising demand from clients for frozen meals and chilled commodities, food service providers are enhancing their capital expenditure on walk-in coolers and freezers. The development in authorized and franchised locations of limited-service restaurants is another factor driving the demand for walk-in coolers and freezers.

On the other hand, the USA market for this business is quite fragmented, which can meet the increased demand for walk-ins caused by the country's rapid expansion in the number of retail outlets over the past few years. Profiting on customers growing purchasing power in the USA, primarily in the South and West, is the ultimate focus of the end-use sector. However, due to the government's encouraging investment policies, the retail industry has grown significantly in these areas.

Rebates for Energy-Efficient Products and Practices from Various Organizations

Manufacturers of commercial walk-in refrigerators are focusing their efforts on research and development (R&D) activities to develop innovative and creative technologies for these systems that may fulfill both consumer demand and governmental norms and regulations. For employing energy-saving and environmentally friendly production techniques, a number of international governmental and non-governmental organizations may offer rebates to manufacturers of walk-in refrigeration systems and equipment.

The Environmental Protection Agency (EPA) and the Department of Energy (DOE) in the USA jointly administer the Energy Star voluntary program. It promotes environmental conservation by adopting strict energy efficiency criteria for walk-in coolers and refrigeration equipment, and it provides subsidies to businesses and people.

By increasing the private sector's supply of renewable energy and lowering energy use through improved energy efficiency, this project helps the USA achieve greater energy independence. Efforts to improve energy efficiency are predicted to increase demand for walk-in coolers and freezers.

Trends Influencing Growth in the USA Commercial Walk-In Refrigeration Industry

Introduction of innovative Walk-in Coolers with Low Environmental Footprint

The producers of walk-in coolers and freezers are concentrating their efforts on developing economically sensible alternatives in order to minimize their environmental impact. Manufacturers are making significant investments in research and development to produce low-GWP refrigerants. HFCs are potent greenhouse gases that are a major cause of global warming. Governments in a number of nations have established stringent rules regulating GHG emissions from refrigerants, and they are placing restrictions on manufacturers.

Due to these laws and regulations, manufacturers are switching to lower-GWP refrigerants in order to comply with environmental standards and boost the energy efficiency of walk-in coolers and freezers. Over the next several years, it is anticipated that the use of lower-GWP refrigerants would increase dramatically in the walk-in cooler and freezer market.

The South USA is expected to account for 42.2% of the USA Commercial Walk-In Refrigeration Market in 2022. West USA is anticipated to hold a significant share followed by South USA of about 23.4% in the USA market owing to stringent regulations and standards by the government.

Regional Insights in the USA Refrigeration Market

Which is the prominent region for USA Commercial Walk-In Refrigeration Market?

The Southern area nearly dominates the USA commercial walk-in refrigeration market.

According to FMI, at the beginning of this year 2022, there were more new retailers opening in the USA than the number of stores closing. It produced a net gain of more than 49 million square feet of new retail space, which raised the demand for commercial walk-in refrigerator markets. It provides the southern region of the USA holds the maximum number of shares around 42.2% of the overall USA Commercial Walk-In Refrigeration Market.

Major of the market is covered by commercial restaurants & retail food services which demand the refrigeration system and the southern region is finding considerable growth in retail food services at 19.7% followed by commercial restaurants at 21.8% which have demand for Walk commercial refrigeration systems to preserve the food in good condition and to maintain the food supply chain.

Which end-use segment has the highest market growth in the USA?

Commercial Restaurants & Retail Food Services is anticipated to grow during the projected period

According to analysis, many retailers aim to appropriately size their store holdings, which may entail a combination of closures and openings. In addition, as consumer buying habits continue to change, retailers are experimenting with new forms. There has been a considerable rise in retail space as a result of the number of retail store closures in the USA being roughly half that of new store openings over the past year.

Consumer choice has changed from FSR (Full Service Restaurants) to QSR (Quick Service Restaurants) due to the rapid change in lifestyles. A quick-service restaurant is one that prioritizes serving food to clients as quickly and effectively as feasible. This typically indicates that there is no table service and that meals are quickly prepared upon request.

The number of quick-service restaurants has significantly increased in recent years. As a result, both international and local businesses are making significant investments in equipment for the same, including walk-in coolers and freezers, along with vending machines and display cases.

Self-Contained technology Type to hold about 42.7% of the USA market share

Self-Contained technology has an advantage over its function when comparing the key market share by technology type. They are cold storage rooms with a complete refrigeration system that includes an evaporator and condenser in a single unit, much like a window air conditioner. Self-contained walk-ins are frequently constructed outside the buildings they serve.

Followed by the Self-Contained technology, remote condensing technology have remarkable shares of 42% in 2022. In walk-in coolers with remote condensing units, the condenser is often not installed exactly next to the room and is not connected to the evaporator, such as on the roof of the building. Many walk-in remote condensing units have many evaporators and are integrated into the structures so they will cool.

Competitive Landscape of the USA Commercial Walk-In Refrigeration Market

The use of Commercial Walk-In Refrigeration systems has increased across numerous commercial restaurants and retail food services along with pharmaceuticals, as a result of the growing demand for ready-to-eat products and medical requirements. Commercial Walk-In Refrigeration service suppliers are thus under constant pressure to enhance their after-sale services along with improved product quality.

Leading market players operating in the USA Commercial Walk-In Refrigeration Market include Panasonic Corporation (Hussmann), Parker Hannifin Corp., TMP Manufacturing Company, Standex International Corporation, Dover Corporation, Welbilt, Inc., Zero Zone, Inc., USA Cooler, SRC Refrigeration, American Panel Corporation, Arctic Industries Inc., Amerikooler LLC, Commercial Cooling - Par Engineering Inc., Thermo-Kool, Bally Refrigerated Boxes Inc., Norlake Inc., Air Services & Refrigeration Specialties Inc., and others—which control the majority of the market share for Commercial Walk-In Refrigeration System.

Commercial walk-in coolers & freezer market players are strategically expanding their business across the USA by creating mergers & Acquisitions with local as well as emerging players.

Scope and Coverage of the USA Refrigeration Market Report

Attributes Details
Forecast Period 2022 to 2032
Historical Data Available for 2017 to 2021
Market Analysis USD Million for Value
Key Regions Covered in the USA North East USA; South USA; Midwest USA; and West USA
Key Market Segments Covered By Technology, By Sales Channel, By Place of Use, and By End Use
Key Companies Profiled Panasonic Corporation (Hussmann); Parker Hannifin Corp.; TMP Manufacturing Company; Standex International Corporation; Dover Corporation; Welbilt, Inc.; Zero Zone, Inc.; USA Cooler; SRC Refrigeration; American Panel Corporation; Arctic Industries Inc.; Amerikooler LLC; Commercial Cooling - Par Engineering Inc.; Thermo-Kool; Bally Refrigerated Boxes Inc.; Norlake Inc.; Air Services & Refrigeration Specialties Inc.
Report Coverage Market Forecast, brand share analysis, competition intelligence, Drivers, Restraints, Opportunities and Threats analysis, Market Dynamics and Challenges, Strategic Growth Initiatives
Customization & Pricing Available upon Request

Top Segments Studied in the Commercial Walk-In Refrigeration Market Research Report

USA Commercial Walk-In Refrigeration by Technology:

  • Self-Contained
  • Remote Condensing
  • Multiplex Condensing

USA Commercial Walk-In Refrigeration by Sales Channel:

  • OEM
  • Aftermarket

USA Commercial Walk-In Refrigeration by Place of Use:

  • Indoor
  • Outdoor

USA Commercial Walk-In Refrigeration by End Use:

  • Pharmaceutical
  • Research Laboratories
  • Retail Food Services
  • Hospitals
  • Commercial Restaurant
  • Others

USA Commercial Walk-In Refrigeration by Region:

  • North East USA
  • South USA
  • Midwest USA
  • West USA

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Key Market Trends
  • 4. Key Success Factors
  • 5. Market Demand Analysis 2017 to 2021 and Forecast, 2022 to 2032
  • 6. Market - Pricing Analysis
  • 7. Market Demand (in Value or Size in USD Million) Analysis 2017 to 2021 and Forecast, 2022 to 2032
  • 8. Market Background
  • 9. Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Technology
    • 9.1. Self-Contained
    • 9.2. Remote Condensing
    • 9.3. Multiplex Condensing
  • 10. Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Sales Channel
    • 10.1. OEM
    • 10.2. Aftermarket
  • 11. Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Place of Use
    • 11.1. Indoor
    • 11.2. Outdoor
  • 12. Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use
    • 12.1. Pharmaceutical
    • 12.2. Research Laboratories
    • 12.3. Retail Food Services
    • 12.4. Hospitals
    • 12.5. Commercial Restaurants
    • 12.6. Others
  • 13. Market Analysis 2017 to 2021 and Forecast 2022 to 2032, by Region
  • 14. North East Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 15. South Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 16. Midwest Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 17. West Market Analysis 2017 to 2021 and Forecast 2022 to 2032
  • 18. Market Structure Analysis
  • 19. Competition Analysis
    • 19.1. Panasonic Corporation (Hussmann)
    • 19.2. Parker Hannifin Corp.
    • 19.3. TMP Manufacturing Company
    • 19.4. Standex International Corporation
    • 19.5. Dover Corporation
    • 19.6. Welbilt, Inc.
    • 19.7. Zero Zone, Inc.
    • 19.8. USA Cooler
    • 19.9. SRC Refrigeration
    • 19.10. American Panel Corporation
    • 19.11. Arctic Industries Inc.
    • 19.12. Amerikooler LLC
    • 19.13. Commercial Cooling - Par Engineering Inc.
    • 19.14. Thermo-Kool
    • 19.15. Bally Refrigerated Boxes Inc.
    • 19.16. Norlake Inc.
    • 19.17. Air Services & Refrigeration Specialties Inc.
  • 20. Assumptions and Acronyms Used
  • 21. Research Methodology

List of Tables

Table 01: Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 by Technology

Table 02: Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 by Sales Channel

Table 03: Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 by Place of Use

Table 04: Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By End Use

Table 05: Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By Region

Table 06: North East Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 by Technology

Table 07: North East Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 by Sales Channel

Table 08: North East Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 by Place of Use

Table 09: North East Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By End Use

Table 10: Mid West Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 by Technology

Table 11: Mid West Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 by Sales Channel

Table 12: Mid West Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 by Place of Use

Table 13: Mid West Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By End Use

Table 14: West Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 by Technology

Table 15: West Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 by Sales Channel

Table 16: West Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 by Place of Use

Table 17: West Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By End Use

Table 18: South Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 by Technology

Table 19: South Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 by Sales Channel

Table 20: South Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 by Place of Use

Table 21: South Market Value (US$ Million) and Volume (Units) Historical Data 2017 to 2021 and Forecast 2022 to 2032 By End Use

List of Figures

Figure 01: Market Historical Demand, 2017 to 2021

Figure 02: Market Demand Forecast, 2022 to 2032

Figure 03: Market Historical Value (US$ Million), 2017 to 2021

Figure 04: Market Value (US$ Million) Forecast, 2022 to 2032

Figure 05: Market Absolute $ Opportunity, 2022 to 2032

Figure 06: Market Share and BPS Analysis by Technology – 2022 & 2032

Figure 07: Market Y-o-Y Growth Projections by Technology, 2021 to 2032

Figure 08: Market Attractiveness by Technology, 2022 to 2032

Figure 09: Market Absolute $ Opportunity, 2021 to 2032, by Self-Contained segment

Figure 10: Market Absolute $ Opportunity, 2021 to 2032, by Remote Condensing segment

Figure 11: Market Absolute $ Opportunity, 2021 to 2032, by Multiplex Condensing segment

Figure 12: Market Share and BPS Analysis by Sales Channel – 2022 & 2032

Figure 13: Market Y-o-Y Growth Projections by Sales Channel, 2021 to 2032

Figure 14: Market Attractiveness by Sales Channel, 2022 to 2032

Figure 15: Market Absolute $ Opportunity 2021 to 2032, by OEM segment

Figure 16: Market Absolute $ Opportunity 2021 to 2032, by Aftermarket segment

Figure 17: Market Share and BPS Analysis by Place of Use – 2022 & 2032

Figure 18: Market Y-o-Y Growth Projections by Place of Use, 2021 to 2032

Figure 19: Market Attractiveness by Place of Use, 2022 to 2032

Figure 20: Market Absolute $ Opportunity, 2021 to 2032, by Indoor segment

Figure 21: Market Absolute $ Opportunity, 2021 to 2032, by Outdoor segment

Figure 22: Market Share and BPS Analysis by End Use– 2022 & 2032

Figure 23: Market Y-o-Y Growth Projections by End Use, 2021 to 2032

Figure 24: Market Attractiveness by End Use, 2022 to 2032

Figure 25: Market Absolute $ Opportunity, 2021 to 2032, by Pharmaceutical segment

Figure 26: Market Absolute $ Opportunity, 2021 to 2032, by Research Laboratories segment

Figure 27: Market Absolute $ Opportunity, 2021 to 2032, by Retail Food Services segment

Figure 28: Market Absolute $ Opportunity, 2021 to 2032, by Hospitals segment

Figure 29: Market Absolute $ Opportunity, 2021 to 2032, by Commercial Restaurants segment

Figure 30: Market Absolute $ Opportunity, 2021 to 2032, by Others segment

Figure 31: Market Share and BPS Analysis By Region – 2022 & 2032

Figure 32: Market Y-o-Y Growth Projections By Region, 2021 to 2032

Figure 33: Market Attractiveness By Region, 2022 to 2032

Figure 34: North East USA Market Absolute $ Opportunity, 2021 to 2032

Figure 35: Mid-West USA Market Absolute $ Opportunity, 2021 to 2032

Figure 36: West USA Market Absolute $ Opportunity, 2021 to 2032

Figure 37: South USA Market Absolute $ Opportunity, 2021 to 2032

Figure 38: North East Market Share and BPS Analysis by Technology – 2022 & 2032

Figure 39: North East Market Y-o-Y Growth Projections by Technology, 2021 to 2032

Figure 40: North East Market Attractiveness by Technology, 2022 to 2032

Figure 41: North East Market Share and BPS Analysis by Sales Channel – 2022 & 2032

Figure 42: North East Market Y-o-Y Growth Projections by Sales Channel, 2021 to 2032

Figure 43: North East Market Attractiveness by Sales Channel, 2022 to 2032

Figure 44: North East Market Share and BPS Analysis by Place of Use – 2022 & 2032

Figure 45: North East Market Y-o-Y Growth Projections by Place of Use, 2021 to 2032

Figure 46: North East Market Attractiveness by Place of Use, 2022 to 2032

Figure 47: North East Market Share and BPS Analysis by End Use – 2022 & 2032

Figure 48: North East Market Y-o-Y Growth Projections by End Use, 2021 to 2032

Figure 49: North East Market Attractiveness by End Use, 2022 to 2032

Figure 50: Mid-West Market Share and BPS Analysis by Technology – 2022 & 2032

Figure 51: Mid West Market Y-o-Y Growth Projections by Technology, 2021 to 2032

Figure 52: Mid-West Market Attractiveness by Technology, 2022 to 2032

Figure 53: Mid-West Market Share and BPS Analysis by Sales Channel – 2022 & 2032

Figure 54: Mid West Market Y-o-Y Growth Projections by Sales Channel, 2021 to 2032

Figure 55: Mid-West Market Attractiveness by Sales Channel, 2022 to 2032

Figure 56: Mid-West Market Share and BPS Analysis by Place of Use – 2022 & 2032

Figure 57: Mid West Market Y-o-Y Growth Projections by Place of Use, 2021 to 2032

Figure 58: Mid-West Market Attractiveness by Place of Use, 2022 to 2032

Figure 59: Mid-West Market Share and BPS Analysis by End Use – 2022 & 2032

Figure 60: Mid West Market Y-o-Y Growth Projections by End Use, 2021 to 2032

Figure 61: Mid-West Market Attractiveness by End Use, 2022 to 2032

Figure 62: West Market Share and BPS Analysis by Technology – 2022 & 2032

Figure 63: West Market Y-o-Y Growth Projections by Technology, 2021 to 2032

Figure 64: West Market Attractiveness by Technology, 2022 to 2032

Figure 65: West Market Share and BPS Analysis by Sales Channel – 2022 & 2032

Figure 66: West Market Y-o-Y Growth Projections by Sales Channel, 2021 to 2032

Figure 67: West Market Attractiveness by Sales Channel, 2022 to 2032

Figure 68: West Market Share and BPS Analysis by Place of Use – 2022 & 2032

Figure 69: West Market Y-o-Y Growth Projections by Place of Use, 2021 to 2032

Figure 70: West Market Attractiveness by Place of Use, 2022 to 2032

Figure 71: West Market Share and BPS Analysis by End Use – 2022 & 2032

Figure 72: West Market Y-o-Y Growth Projections by End Use, 2021 to 2032

Figure 73: West Market Attractiveness by End Use, 2022 to 2032

Figure 74: South Market Share and BPS Analysis by Technology – 2022 & 2032

Figure 75: South Market Y-o-Y Growth Projections by Technology, 2021 to 2032

Figure 76: South Market Attractiveness by Technology, 2022 to 2032

Figure 77: South Market Share and BPS Analysis by Sales Channel – 2022 & 2032

Figure 78: South Market Y-o-Y Growth Projections by Sales Channel, 2021 to 2032

Figure 79: South Market Attractiveness by Sales Channel, 2022 to 2032

Figure 80: South Market Share and BPS Analysis by Place of Use – 2022 & 2032

Figure 81: South Market Y-o-Y Growth Projections by Place of Use, 2021 to 2032

Figure 82: South Market Attractiveness by Place of Use, 2022 to 2032

Figure 83: South Market Share and BPS Analysis by End Use – 2022 & 2032

Figure 84: South Market Y-o-Y Growth Projections by End Use, 2021 to 2032

Figure 85: South Market Attractiveness by End Use, 2022 to 2032

Frequently Asked Questions

What is the current size of the USA Commercial Walk-In Refrigeration Market?

The USA Commercial Walk-In Refrigeration Market is expected to total USD 812.1 Million in 2022.

At what CAGR, did the demand for USA Commercial Walk-In Refrigeration rise during the forecasted period?

The demand for USA Commercial Walk-In Refrigeration increased by 4.31% during the forecasted period from 2022 to 2032.

Who are the top players in the USA Commercial Walk-In Refrigeration Market?

Dover Corporation, Welbilt, Inc., Panasonic Corporation (Hussmann), Standex International Corporation, American Panel Corporation, and others are the leading market players.

What is the market outlook for USA Commercial Walk-In Refrigeration in the Southern USA

The demand in the Southern USA is expected to increase by 4.2% CAGR from 2022 to 2032 on a value basis.

Which end-use sector is the most profitable segment for market players?

The commercial restaurant's end-use sector is the most profitable in the market, accounting for over 22% of the total market share.

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