Global Cold Storage Market 2024-2028
The cold storage market is forecasted to grow by USD 145.71 bn during 2023-2028, accelerating at a CAGR of 13.83% during the forecast period. The report on the cold storage market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising awareness about reducing wastage of food, growing consumption of frozen food, and compliance with regulations regarding storage and transportation of goods.
Technavio's cold storage market is segmented as below:
By Application
- Meat and seafood
- Fruits and vegetables
- Bakery and confectionery
- Dairy and frozen products
- Others
By Type
- Private
- semi-private
- Public
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
This study identifies the use of fuel cell-based forklifts in refrigerated warehousing as one of the prime reasons driving the cold storage market growth during the next few years. Also, increasing use of as/rs and use of IoT with cold chain logistics will lead to sizable demand in the market.
The report on the cold storage market covers the following areas:
- Cold storage market sizing
- Cold storage market forecast
- Cold storage market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cold storage market vendors that include Americold Realty Trust Inc., Beijing Howcool Refrigeration Technology Co. Ltd., Burris Logistics Co., Changzhou Yuyan Refrigeration Equipment Co. Ltd., Coldman Logistics Pvt. Ltd., Commercial Cold Storage Group Ltd., Congebec Logistics Inc., Falcon Refrigeration Industry, Holt Logistics Corp., Indicold Pvt Ltd., Interstate Cold Storage Inc., John Swire and Sons Ltd., Lineage Logistics Holdings LLC, NewCold Cooperatief UA, Nor AM Cold Storage, RSA Global DWC LLC, Snowman Logistics Ltd., Stellar, VersaCold Logistics Services, and Nichirei Corp.. Also, the cold storage market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.