Sandy, Utah, USA, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Cold Storage Market Size, Trends, and Insights By Type (Public, Private/Semi-Private), By Construction Type (Ports, Bulk Storage, Production Stores), By Temperature (Frozen, Chilled), By Application (Dairy, Pharmaceuticals, Fish, Meat, & Seafood, Fruits & Vegetables, Processed Foods, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” in its research database.
“According to the latest research study, the demand for global Cold Storage Market size & share was valued at approximately USD 112 Billion in 2021 and is expected to reach USD 136 billion in 2022 and is expected to reach a value of around USD 330 Billion by 2030, at a compound annual growth rate (CAGR) of about 11%during the forecast period 2022 to 2030.”
Our research report offers a 360-degree view of the Cold Storage market’s drivers and restraints, coupled with the impact they have on demand during the projection period. Also, the report examines global opportunities and competitive analysis for the Cold Storage market.
Click Here to Access a Free Sample Report of the Global Cold Storage Market @ https://www.custommarketinsights.com/request-for-free-sample/?reportid=21658
Cold Storage Market: Overview
By 2050, the world’s population is projected to reach 9.7 billion people, which suggests a potential increase in food demand. However, it is getting harder for farmers in some regions of the world to grow food as a result of climate change and other causes. Businesses are using cold storage as a solution to keep food storage feasible and reasonably priced for consumers. According to projections, the global cold storage market is expected to rise as a result.
Growth Factors
The stringent regulations controlling the manufacturing and distribution of temperature-sensitive goods have greatly benefited the market. During the projection period, the industry is expected to experience exceptional growth as a result of the expanding organized retail markets in emerging economies. Additionally, it is anticipated that increased automation in refrigerated warehouses will further increase demand.
Over the coming years, it is also projected that the expanding commerce in perishable goods would contribute to an increase in demand for refrigeration storage options. Cold chain shipping has an impact on the environment, and users and suppliers of temperature-controlled packaging technologies are working to lessen it. In addition, promoting formal Corporate Social Responsibility (CSR) initiatives, strict government restrictions, and shifting consumer expectations all provide significant obstacles to the creation of an effective packaging system.
Segmental Overview
The market for Cold Storage is segmented into type, construction type, temperature, and application. In 2021, the public warehouse market category dominated with a 65%+ share of global revenue. The cold storage industry has been divided into two categories based on the type of warehouse: private, semi-private, and public. The Global Cold Chain Alliance estimates that over 75% of the total refrigerated storage capacity in the United States is accounted for by public warehouse space. A public warehouse is run as a stand-alone company that provides different services, like handling, storing, and transporting for a set or variable price.
In 2021, the seafood industry dominated the market and generated roughly 35% of total revenue. The industry has been divided into processed food, dairy, fruits, vegetables, fish, meat, and seafood, as well as medications, depending on the application. The meat, fish, and seafood market is anticipated to be impacted by ongoing developments in seafood packaging.
(A free sample of the Cold Storage report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Cold Storage report has been modified to include the COVID-19 impact study prior to delivery.)
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Regional Overview
In 2021, the North American geographical segment dominated the market and contributed over 35% of global revenue. One of the main drivers of the region’s growth is the abundance of connected devices combined with a sizable user base. Due to the expansion of the network of warehouses and increased investments in the construction of the logistics infrastructure, Mexico is predicted to see exponential growth in North America. These would also operate as the primary drivers of the cold chain’s demand.
Report Scope
Feature of the Report | Details |
Market Size in 2021 | USD 112 Billion |
Projected Market Size in 2030 | USD 330 Billion |
Market Size in 2022 | USD 136 Billion |
CAGR Growth Rate | 11% CAGR |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Prominent Players | Americold Logistics LLC, Lineage Logistics Holdings, Nichirei Corporation, The United States Cold Storage, Henningsen Cold Storage Co., Tippmann Group, VersaCold Logistics Services, NewCold, Congebac Inc., Snowman Logistics Pvt Ltd, Cloverleaf Cold Storage, Wabash National Corporation, and Others |
Key Segment | By Type, Construction Type, Temperature, Application, and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Directly Purchase a copy of the report [220+ Pages] @ https://www.custommarketinsights.com/report/cold-storage-market/
Competitive Landscape
Technology advancements are a major trend that is becoming more and more popular in the cold storage sector. To maintain their place in the market, major cold storage firms are utilizing innovative technologies, including automation in warehouses, higher warehouses with temperature control, and others.
- 2021: A new cold storage facility, Vertical Cold Facilities, was unveiled by Vertical Cold Storage, a provider of temperature-controlled and dry storage facilities in the US. The Vertical Cold Facilities include cost-effective refrigeration facilities that use green practices, performance-improving decision-making technologies, and the most dependable automation in the sector.
- 2019: For about CAD 337 million ($253 million), Americold Logistics LLC, a US-based provider of temperature-controlled warehousing and shipping services, bought Nova Cold Logistics. With this acquisition, Americold now has brand-new warehouses with temperature-controlled docking systems and voice inventory management technology.
Key questions answered in this report:
- What is the size of the Cold Storage market and what is its expected growth rate?
- What are the primary driving factors that push the Cold Storage market forward?
- What are the Cold Storage Industry's top companies?
- What are the different categories that the Cold Storage Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Cold Storage market sample report and company profiles?
Request Customized Copy of Cold Storage Market Report @ https://www.custommarketinsights.com/report/cold-storage-market/
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2030
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
Global Cold Storage Market 2022–2030 (By Construction Type)
Prominent Players
- Americold Logistics LLC
- Lineage Logistics Holdings
- Nichirei Corporation
- The United States Cold Storage
- Henningsen Cold Storage Co.
- Tippmann Group
- VersaCold Logistics Services
- NewCold
- Congebac Inc.
- Snowman Logistics Pvt Ltd
- Cloverleaf Cold Storage
- Wabash National Corporation
- Others
The global Cold Storage market is segmented as follows:
By Type
- Public
- Private/Semi-Private
By Construction Type
- Ports
- Bulk Storage
- Production Stores
By Temperature
- Frozen
- Chilled
By Application
- Dairy
- Pharmaceuticals
- Fish, Meat, & Seafood
- Fruits & Vegetables
- Processed Foods
- Others
Directly Purchase a copy of the report [220+ Pages] @ https://www.custommarketinsights.com/report/cold-storage-market/
By Region
North America
- The U.S.
- Canada
- Mexico
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
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This Cold Storage Market Research/Analysis Report Contains Answers to the following Questions.
- Which Manufacturing Technology is used for Cold Storage? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Cold Storage Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Cold Storage Market? What Was the Capacity, Production Value, Cost and PROFIT of the Cold Storage Market?
- What Is the Current Market Status of the Cold Storage Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Cold Storage Market by Considering Applications and Types?
- What Are Projections of the Global Cold Storage Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Cold Storage Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Cold Storage Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Cold Storage Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Cold Storage Industry?
Click Here to Get a Free Sample Report of the Global Cold Storage Market @https://www.custommarketinsights.com/report/cold-storage-market/
Reasons to Purchase Cold Storage Market Report
- Cold Storage Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Cold Storage Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Cold Storage Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Cold Storage Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Cold Storage market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Cold Storage market analysis.
- The competitive environment of current and potential participants in the Cold Storage market is covered in the report, as well as those companies' strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Directly Purchase a copy of the report [220+ Pages] @ https://www.custommarketinsights.com/report/cold-storage-market/
Who should buy this report?
- Participants and stakeholders worldwide Cold Storage market should find this report useful. The research will be useful to all market participants in the Cold Storage industry.
- Managers in the Cold Storage sector are interested in publishing up-to-date and projected data about the worldwide Cold Storage market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Cold Storage products' market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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