Refrigeration Equipment Wholesaling in the US - Industry Market Research Report

Refrigeration Equipment Wholesaling in the US - Industry Market Research Report

Refrigeration Equipment Wholesaling in the US

Over the five years to 2019, the Refrigeration Equipment Wholesaling industry benefited from increasing residential construction, increased freight transportation and greater consumer spending. Greater residential construction increases demand for the refrigeration equipment wholesaled by industry operators for use in apartment and houses. Despite the industry's moderate barriers to entry, the industry will experience a marginal increase in the number of operators over the five years to 2019. Despite intensified price competition, industry profit margins are expected to expand during the current period, partially due to a slight decline in purchase costs. During the five-year period to 2024, IBISWorld expects deceleration in the value of residential construction to slow demand for refrigeration equipment. Similarly, slowed consumer spending and subsequent deceleration in the food service sector will temper demand for refrigeration equipment wholesaled by industry operators.

Wholesalers in this industry distribute commercial refrigeration equipment, including beverage coolers, cold storage machinery, refrigerator compressors, condensing units, refrigerated display cases and drinking fountains. The Refrigeration Equipment Wholesaling industry excludes the wholesaling of residential refrigeration and air conditioning equipment. Distributors of heating, ventilation and air conditioning equipment are also excluded.

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.