Cold Storage Market Business Size with Forthcoming Developments 2029
pooja rakade
Cold Storage Market size was valued at US$ 138.31 Bn in 2022 and the total revenue is expected to grow at 13.6% through 2023 to 2029, reaching nearly US$ 337.68 Bn.
Cold Storage Market – Global Industry Analysis and Forecast (2023-2029)
Market Values: The Cold Storage Market recorded a valuation of US$ 138.31 billion in 2022, with an anticipated growth rate of 13.6% from 2023 to 2029, projecting a total revenue of nearly US$ 337.68 billion.
Report Scope: The comprehensive report explores the global Cold Storage Market, offering insights into market dynamics, regional trends, and key growth drivers. The research delves into market segmentation based on Warehouse Type, Construction, Temperature, and Application.
Research Methodology: The research methodology employed in this report includes a detailed analysis of temperature-sensitive goods storage, cold storage technologies, and market challenges. The report presents valuable data derived from advanced refrigeration technologies, monitoring systems, and innovative solutions to address industry challenges.
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Dynamics: The Cold Storage Market is witnessing significant growth driven by consumer preferences for ready-to-cook meals, a surge in demand for healthy food, and increased participation from the private sector. Challenges such as insufficient refrigeration facilities in retail stores and distribution gaps in rural areas are addressed, along with opportunities for industry players to develop solutions overcoming infrastructure limitations and unreliable power supply.
Regional Insights:
- North America: Dominated the market with a 36% share in 2022, driven by connected devices and a robust customer base. Mexico's strengthened warehouse network contributes to regional growth.
- Asia Pacific: Expected to achieve the highest CAGR of 13.1%, fueled by global financial advances and increased economic development in nations like China, India, Japan, and Australia.
Market Segment Analysis:
- Warehouse Type: Segmented by Chilled and Frozen, with Chilled holding a 78% market share in 2022.
- Application: Segmented into Fruits & Vegetables, Dairy, Fish, Meat & Seafood, Processed Food, and Pharmaceuticals. The Fish, Meat & Seafood segment dominated with a 35% market share in 2022.
Conclusion: The Cold Storage Market report aims to provide stakeholders with a comprehensive analysis of industry trends, market size, and key player dynamics. Through the use of PORTER and PESTEL analysis, the report offers a futuristic view, helping decision-makers understand external and internal factors affecting the industry.
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What is Cold Storage Market Segmentation?
by Warehouse Type
1. Private
2. Public
3. Public-Private
by Construction
1. Bulk storage
2. Production stores
3. Ports Fruits & vegetables
4. Dairy
5. Fish, Meat & Seafood
6. Processed food
7. Pharmaceuticals
Who are Cold Storage Market Key Players?
1. Americold Logistics, LLC
2. Al Rai Logistica K.S.C
3. Agro Merchants Group
4. Burris Logistics
5. Barloworld Limited
6. Cloverleaf Cold Storage
7. Gulf Drug LLC
8. Henningsen Cold Storage Company
9. Kloosterboer
10. Lineage Logistics
11. Nordic Logistics
12. Oxford Logistics Group
13. Oceana Group Limited
14. Preferred Freezer
15. RSA Logistics
16. Swire Group
17. VersaCold Logistics Services
18. United States Cold Storage, Inc.
19. Wared Logistics
20. Wabash National Corporation
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Table of content for the Cold Storage Market includes:
- Global Cold Storage Market : Research Methodology
- Global Cold Storage Market : Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Cold Storage Market : Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Offerings:
- Past Market Size and Competitive Landscape
- Cold Storage Market Size, Share, Size & Forecast by different segment |
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Cold Storage Market Segmentation – A detailed analysis by Product
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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