The outbreak of COVID-19 has seriously influenced the global walk-in refrigerator market. The demand for walk-in refrigerators has increased to a certain extent during the COVID period as the vaccine doses are preserved and stored with the help of walk-in refrigerators. Pharmaceuticals and vaccine doses are certain materials that have to be properly sterile and preserved in cold conditions to prevent bacteria and fungus. Walk-in refrigerators are devices with large storage spaces that make them efficient for the purpose. The lockdowns and isolations that took place as a result of the pandemic have also affected the manufacturing and supply chain sectors of large-scale refrigerators and coolers. The partial openings of beverages and restaurants also caused a rise in demand for walk-in refrigerators.
The rising number of restaurants and supermarkets
The rising number of restaurants and supermarkets boosts the market for walk-in refrigerators in the global market. The FDA (U.S. Food and Drug Administration) reports states that the fast-food restaurant industry in the U.S. is in experiencing growth at a steady rate. The growing restaurant industry demands a large number and more space for the preservation of food items, which promotes the need for walk-in refrigerators. The emerging supermarkets and hypermarkets are also commercial places that offer all the products and groceries in a single store. All items available and stored in a single place demand the use of coolers and refrigerants with more space and utility. According to the data collected by CFR (Code of Federal Regulations), walk-in refrigerators and coolers offer more space and a cooling effect below 0 degrees Celsius compared to those of conventional refrigerators. The higher walk space offered by walk-in refrigerators boosts the demand for refrigerators in the large food and supermarket industries.There is a growing demand for the preservation of food and pharmaceuticals
The rising demand for the preservation and storage of food and pharmaceuticals is increasing. The pharmaceutical field is one section that needs a large area of preservation storage. Medicines and drugs are the things that have to be stored and protected in cool and dry spaces. The growth of the medical and pharmaceutical fields is driving the market for walk-in refrigerators. According to the data collected by WHO (World Health Organisation), about 42.1 million COVID doses are given every single day worldwide. This data stands for the need for large and more spaced storage cooling facilities. The demand and market for walk-in refrigerators are tremendously increasing as the production of vaccine doses is increasing. The increasing atmospheric temperature above the normal optimal temperature is causing the decay and spoilage of food and medicine, as the need for preservation and cooled storage spaces is increasing. The developments in the medical and food industries are also increasing the demand for walk-in refrigerators.North America held a significant market share
North America is the leading market for walk-in refrigerators. The developments in technology and research taking place in the field of refrigeration are driving the market growth of walk-in refrigerators in North America. The eating culture of North America in eating frozen and preserved foods is also making the market for walk-in refrigerators in North America increase. The earlier adaption of technology and advanced developments taking place in the refrigeration field also make North America a leading market for refrigerators. The market for walk-in refrigerators is also increasing in the Asia-Pacific region, following the North American region.Companies Mentioned
- FRIGINOX
- Hussmann Corporation
- Imbera Foodservice
- Imperial Manufacturing Group
- Panasonic
- Precision Refrigeration
- SRC Refrigeration
- Arctic Industries
- Beverage-Air Corporation
- Delfield
- Haier