Cold Storage Market Size, Competitors Strategy, Regional Analysis and Industry Growth by Forecast to 2027

 Global Cold Storage Market is making rapid headways, witnessing huge demand from food & beverages, vaccines & medicines, and consumer goods industries. Cold storage solutions are used to store perishable items to prevent wastages, maintaining them in proper condition. Cold storage solutions play a causal role in enhancing safety and maintaining the quality of food and pharmaceutical items by preventing the growth of microorganisms. 

Increasing usages of cold storage solutions and substantial investments made to develop cold storage solutions create huge market opportunities. Recognizing the exponential traction the market is witnessing currently, Market Research Future (MRFR) asserts that the global cold storage market is anticipated to create a valuation of USD 287.4 billion by 2027, registering a 12.8% CAGR during the forecast period (2021-2027). 

Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/9995

Demand for Convenient Storage Extending Product Shelf Life Boost Market Size

Versatile, economical, and lightweight cold storage solutions are evaluated for their quality to withstand for an extended period. 

Additional factors substantiating the market growth include developments in the eCommerce & retail industry, rising population, rapid urbanization, and improving economic conditions that increase consumer’s purchasing power. Resultantly, the cold storage market enjoys great traction worldwide. 

Global Cold storage Market – Geographical Analysis 

North America dominates the global cold storage market. Advances in connectivity solutions used between the cold chain and developed trucking infrastructure boost the market size. The US, Canada, and Mexico are major markets for cold storage solutions in the region. 

Of these, Mexico is estimated to gain tremendous growth in the upcoming period due to the solid network of warehouses and development in the logistics industry. Government regulations for the storage of perishable and food items and the high demand from the consumer goods (FMCG) sector foster the regional market growth. 

Moreover, government restrictions imposed on the export-import of vaccinations and pharmaceutical products, such as medicines, have opened lucrative opportunities for market players. Rapid environmental changes and global warming concerns, along with the emergence of recycled material and eco-friendly manufacturing techniques, substantiate the market size. 

Global Cold storage Market – Segments

The analysis is segmented into types, temperature types, applications, and regions. The type segment is sub-segmented into refrigerated warehouses, refrigerated transports, and others. The temperature type segment is sub-segmented into frozen, chilled, and others. The application segment is sub-segmented into dairy & frozen desserts, fish, meat, seafood products, bakery & confectionery products, fruit & vegetables, and others. 

Global Cold storage Market – Competitive Analysis 

Highly competitive, the cold storage market appears to be fragmented due to the presence of several big & small market players. These players form a competitive landscape by adopting strategic trends of business expansion in emerging markets. Manufacturers rely on innovation to survive and create new markets.

They strive to keep themselves abreast of the new technological developments and latest consumer trends by developing human capital. They continually invest in the new age developers for the latest technologies, increasing productivity and adding value.

Major Players:

The key players leading the cold storage market include Lineage Logistics Holdings (US), Americold Logistics LLC (US), Nichirei Corporation (Japan), Kloosterboer (Netherlands), Tippmann Group (US), VersaCold Logistics Services (Canada), NewCold (Netherlands), and Snowman Logistics Pvt Ltd (India), among others. 

Access full report @ https://www.marketresearchfuture.com/reports/cold-storage-market-9995

Industry/ Innovation /Related News: 

Jul 15, 2021 – Lineage Logistics and venture capital firm announced their partnership to provide cold storage warehousing solutions with deeper access to technology from startup companies into which 8VC has invested. The deal formalizes an existing relationship between the two entities and gives 8VC a close corporate partner and a dominant player in the refrigerated supply chain world.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune 411028
Maharashtra, India
+1 646 845 9312
Email:sales@marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

Aerospace Ceramics Market: Prospective Growth Trends & Incremental Opportunity Assessment till 2028

Global Aerospace Ceramics Market Report - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Aerospace Ceramics Market industry. Get Sample Copy of This Report @ https://www.quincemarketinsights.com/request-sample-58763?utm_source=OFPG&utm_medium=SG Research report on the Aerospace Ceramics Market provides analysis and insight into the various factors that are expected to prevail over the forecast period, while at the same time providing their effect on market growth. This report on the Aerospace Ceramics Market provides details of recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and local market players, analysis of opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, market growth categories, applications, etc. Today's compa...
Read more

Prefabricated Buildings Market 2023 Size, Share, Industry Key Features, Growth Drivers, Key Expansion Strategies, Upcoming Trends and Regional Forecast by 2030

  Introduction: The  prefabricated buildings market  has experienced remarkable growth in recent years, driven by the need for faster, cost-effective, and sustainable construction solutions. Prefabricated buildings, also known as modular or off-site construction, involve the manufacturing of building components in a factory setting and their subsequent assembly on-site. This article explores the key factors driving the growth of the prefabricated buildings market, highlights the advantages and applications of these structures, and discusses the future trends and innovations shaping the industry. Efficiency and Time Savings: One of the significant advantages of prefabricated buildings is the enhanced efficiency and time savings they offer compared to traditional  construction  methods. The off-site manufacturing process allows for simultaneous activities to take place, such as site preparation and construction component fabrication. This parallel workflow signifi...
Read more

Aromatic Solvents Market to reach USD 9.15 billion by 2028

The Global Aromatic Solvents Market is projected to reach USD 9.15 billion by 2028, growing at a CAGR of 3.1% during the forecast period. The worldwide increase in construction activities & consequent growth of paints industry is expected to propel the aromatic solvents market during the forecast period. Click Here To Get Sample of The Premium Report What are aromatic solvents? Aromatic solvents are composed of aromatic hydrocarbons such as xylene, naphthalene, and toluene. The aromatic solvents are used to dissolve solid materials to form homogeneous solutions. Aromatic solvents are produced by fractional distillation of crude oil in oil refineries. Due to their high levels of solvency, the demand for aromatic solvents is on the global rise. Market dynamics by QMI- The paints & coating industry is the principal end user of aromatic solvents. Toluene is utilized as a base material for the production of toluene diisocyanate, cement for polystyrene kits, and fullerene indicato...
Read more