Industry Analysis & Industry Trends
The Walk-in & Cabinet Cooler Manufacturing industry experienced less demand for its products as the recession took hold. However, as the recession waned and credit became more readily available, more markets needed industry products and the industry started to recover. This recovery is expected to continue steadily through 2019, with environmentally friendly products providing another revenue opportunity.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Walk-in and Cabinet Cooler Manufacturing industry is in a mature life cycle stage. Its industry value added - the measure of its contribution to the economy - is forecast to grow at an average annual rate of 2.8% from 2009 to 2019, a rate slightly above that of US GDP during the period (an anticipated 2.5% per year). While this condition typically places an industry in a growing life cycle stage, the drastic declines in revenue and profit in 2009 and 2010 must be considered. Outside of these drops, the industry has begun to rebound, much like the rest of the economy, and is expected to continue growing over the next five years as downstream demand picks up.
Walk-in and cabinet refrigerators are staple items in the American restaurant sector... purchase to read more