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Refrigeration Equipment Wholesaling in the US - Industry Market Research Report

  • May 2017
  • 34 pages
  • Ibisworld
Report ID: 171010

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Playing it cool: Downstream markets are warming up, but industry growth will be minimal

Refrigeration Equipment Wholesaling in the US

In the five years to 2017, growth in the Refrigeration Equipment Wholesaling industry has largely been driven by an increase in consumer spending and an improvement in several key downstream markets, including transportation and food service establishments. In addition, greater commercial construction from 2012 onward, including the building of hotels and restaurants, has aided industry revenue.

Moving forward, the industry will experience muted growth. The trend of manufacturers becoming more involved in the distribution process, dealing directly with downstream markets, will continue to be a threat to industry wholesalers, in addition to rising steel prices affecting equipment prices. These factors, along with thin profit margins and market-share competition, will constrain revenue growth. However, growth in private construction and end-user markets, such as restaurants and supermarkets, all of which purchase industry products, will help increase refrigeration equipment wholesaling revenue, as will the sale of increasingly environmentally friendly and energy-conscious products.

As a result, over the next five years, revenue in the industry is expected to increase slowly.

Wholesalers in this industry distribute commercial refrigeration equipment, including beverage coolers, cold storage machinery, refrigerator compressors, condensing units, refrigerated display cases and drinking fountains. This industry excludes the wholesaling of residential refrigeration and air conditioning equipment. Distributors of heating, ventilation and air conditioning (HVAC) 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.

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