Upcoming Trade Shows in USA for Refrigeration

The commercial refrigeration industry in USA rides high on the increased demand in retail, food service and hospitality industries, and is expected to perform well in the upcoming decade (the CAGR from 2024 to 2030 is calculated at 4.8%). In 2023, the market was valued at $ 3,652.8 million. Today, businesses are tasked with adhering to new standards in energy efficiency and sustainability, which has prompted an accelerated rate of adoption of smart cooling solutions as well as an increase in advancements in refrigeration technologies. The American commercial refrigeration industry can be segmented by refrigerator typе and end-user industry. Among the various categories, refrigerators and freezers accounted for over half of the market revenue in 2021 due to their multi-functionality. These units are used to store beverages, food items, and chemicals across various industries. By end-user segment, supermarkets and hypermarkets represent the largest consumers of commercial refrigeration. These retail outlets require large-scale refrigeration solutions to store fresh produce, dairy products, frozen goods, and beverages. In addition, convenience stores, bakeries, offices, hospitality establishments, and government buildings also contribute significantly to the rising demand for commercial refrigeration units. Leading manufacturers are investing in expanding their refrigeration product lines. One of the major drivers of growth in the US commercial refrigeration market is the increasing number of restaurants, fast-food chains, and food delivery services such as Grubhub and Caviar. The expanding food service sector is fueling demand for refrigeration solutions, including ice machines and beer dispensing equipment, which are essential for bars, restaurants, and catering businesses. Additionally, cold chain logistics is a rapidly growing area within the industry. Food and beverage manufacturers are investing in more advanced refrigeration setups during transportation and storage to ensure product freshness and reduce waste. This is driving demand for trailer and truck refrigeration systems.