The Global Cold Storage Construction Market Size and Revenue Forecasts to 2027
The report on the Global Cold Storage Construction Market initially offers an in-depth overview of the Cold Storage Construction Market along with insights into the developments and advancements in the sector. The report offers a comprehensive overview of the regional and competitive landscape and provides a deeper insight into the current market scenario and future growth prospects. The research study also provides a complete analysis of the market drivers, restraints, limitations, threats, risks, and growth opportunities.
High revenue growth of the market can be attributed to rising demand for processed and perishable food products. Increasing initiatives of governments to increase adoption of cold storage facilities to reduce food loss and wastage has been driving demand for and deployment of cold storage construction and services. The increasing need for proper handling and storage of food products and minimize risks of cross-contamination has been boosting demand for additional ad larger cold storage facilities.
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Key Highlights of Report
- In June 2020, Lineage Logistics, which is an innovative and well-established provider of temperature-controlled logistics solutions provider, announced completion of acquisition of Emergent Cold. The acquisition is expected to help the company in providing more advanced and innovative logistics services globally.
- The perishable food segment accounted for largest market share of 36.0% in 2019. Rising disposable income of consumers in developing economies has been resulting in increasing demand for perishable food products.
- Production stores segment revenue is expected to expand at a rapid CAGR of 14.4% during the forecast period. The increased need for protection of food products and raw materials against spoilage and contamination during various production processes has been driving demand for production stores.
- The refrigerated containers segment accounted for a significantly high revenue share in the cold storage construction market in 2019. The refrigerated containers are increasingly adopted by the grocers as they are cost-effective and offer the best solution for cold storage warehouses of temperature-sensitive products.
The key players profiled in the report are AmeriCold Logistics LLC, Lineage Logistics, Swire Group, AGRO Merchants Group, LLC, Nichirei Logistics Group Inc., Kloosterboer, NewCold Coöperatief U.A., VersaCold Logistics Services, Tippmann Construction / Interstate Warehousing, Inc. (a Tippmann Group Company) and Frialsa Frigorificos S.A. De C.V.
Global Cold Storage Construction Market Segmentation based on Product Types and Application Spectrum:
Emergen Research has segmented the global cold storage construction market on the basis of application, storage type, cold storage warehouse type, and region:
Application Outlook (Revenue, USD Billion; 2020–2027)
- Biopharmaceutical products
- Perishable food (Fruits vegetables, meat seafood, dairy products)
- Processed food
- Chemicals
- Flowers plants
Storage Type Outlook (Revenue, USD Billion; 2020–2027)
- Bulk stores
- Production stores
- Ports
- Others
Cold Storage warehouse type Outlook (Revenue, USD Billion; 2020–2027)
- Refrigerated containers
- Blast freezers and chillers
- Cold rooms
- Pharmaceutical cold storage warehouse
Regional Analysis of the Cold Storage Construction Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report provides an extensive forecast of the industry and its significant growth in the forecast years. The report provides important information regarding the sales volume, revenue forecast, market size, market share, and current and emerging market trends. Along with this, the report covers SWOT analysis, Porter’s Five Forces analysis, Feasibility analysis, and investment return analysis.
Key Benefits of Buying the Global Cold Storage Construction Report:
- Comprehensive analysis of the changing competitive landscape
- Assists in decision making processes for the businesses along with detailed strategic planning methodologies
- The report offers an 8-year forecast and assessment of the Global Cold Storage Construction Market
- Helps in understanding the key product segments and their estimated growth rate
- In-depth analysis of market drivers, restraints, trends, and opportunities
- Comprehensive regional analysis of the Global Cold Storage Construction Market
- Extensive profiling of the key stakeholders of the business sphere
- Detailed analysis of the factors influencing the growth of the Global Cold Storage Construction Market
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