Australia Cold Storage Market Research Report Forecast to 2030
Market OverviewThe Australia cold storage market is rapidly growing due to a surge in demand for cold storage from the end-use sectors and strategic investment by key players in cold storage automation. Furthermore, augmented demand for perishable commodities and growing importance in drug delivery systems likely to present a growth opportunity for the players in the market. Cold storage is a large, refrigerated room or building designed for the storage of goods in an environment below the outdoor temperature. It is used to store food or pharmaceuticals. It helps prolong the life and prevent spoilage of foods. In this market, we consider warehouses and truck refrigeration. The application of cold storage includes fruits and vegetables, dairy products, fish, meat, seafood, processed foods, and pharmaceuticals.
The Australia cold storage market is projected to grow at 4.9% CAGR during the forecast period, 2022–2030.
Market SegmentationThe Australia cold storage market has been segmented based on type, construction type, temperature type, application, and technology. Based on type, the Australia cold storage market has been segmented into warehouse type and refrigerated truck. The warehouse type segment is expected to grow at 4.6% CAGR during the forecast period. In 2021, the warehouse type segment held 68.7% of the Australia cold storage market. In addition, the warehouse type segment has been segmented into private & semi-private and public.
Based on construction type, the Australia cold storage market has been segmented into bulk storage, production stores, and ports. The production stores segment is expected to grow at 4.5% CAGR during the forecast period.
Based on temperature type, the Australia cold storage market has been segmented into chilled and frozen. The frozen segment is expected to grow at 4.7% CAGR during the forecast period. In 2021, the frozen segment held 76.2% of the Australia cold storage market.
Based on application, the Australia cold storage market has been segmented into fruits & vegetables, dairy, fish, meat & seafood, processed food, and pharmaceuticals. The fish, meat & seafood segment is expected to grow at 4.0% CAGR during the forecast period.
Based on technology, the Australia cold storage market has been segmented into controlled and modified. The controlled segment is expected to grow at 4.6% CAGR during the forecast period.
Major PlayersLineage Logistics Holdings, Americold Logistics LLC, Melbourne Cold Storage, Arctic Cold Storage PTY Ltd., Victoria Cold Storage, Apf Cold Storage & Logistics, Valley Pack, T&S Refrigerated Couriers, Rhinland Cold Storage, Laverton Cold Storage are the major players in the market.
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Companies MentionedLineage Logistics Holdings
Americold Logistics LLC
Melbourne Cold Storage
Arctic Cold Storage PTY Ltd.
Victoria Cold Storage
Apf Cold Storage & Logistics
Valley Pack
T&S Refrigerated Couriers
Rhinland Cold Storage
Laverton Cold Storage
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