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Global report forecasts walk-in refrigerator market at $18.67B by 2030

Organized food retail, smart refrigeration and expanding cold-storage needs are driving growth, with Asia-Pacific leading regional gains.

Global report forecasts walk-in refrigerator market at $18.67B by 2030

ResearchAndMarkets.com has added the “Walk-in Refrigerator Market Report 2026” to its offering, projecting continued growth for the sector. The report values the walk-in refrigerator market at $13.03 billion in 2025 and forecasts it will reach $13.98 billion in 2026, reflecting a 7.4% CAGR.

According to the report, the market is expected to expand to $18.67 billion by 2030 at a 7.5% CAGR. Drivers cited include the rise of organized food retail, demand for energy-efficient systems, expansion of food processing facilities, adoption of smart refrigeration technologies, and growing cold-storage needs in the pharmaceutical and healthcare sectors.

The report also links demand to growth in restaurants and retail stores. It cites the UK Census and Statistics Department reporting a 47.7% rise in restaurant receipts in the first half of 2023, and notes that United States Census Bureau reports showed a subtle increase in retail trade sales in 2024. In industry activity, the report highlights the 2024 acquisition of Arctic Industries by Kinzie Capital Partners.

Panasonic Holdings Corporation, Johnson Controls International plc, and Blue Star Limited are listed among leading players. North America is described as a significant market region, while Asia-Pacific is identified as the fastest-growing region, with coverage including countries such as the USA, UK, Germany, China, and India, as well as segments spanning indoor and outdoor types, door types, and end-user categories.

Source

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