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Global Cold Chain Storage Industry Market Dynamics & Strategic Insights (2023 – 2031)

Published : Dec 2023

Report ID: FMO9695

Pages : 250

Format :

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Summary Table of Content Major Market Players Inquiry Before Buying Infographics
The Cold Chain Storage Market is expected to reach USD 354.1 Billion by 2026 from USD 247.5 Billion in 2019, at a CAGR of 7.63% from 2020 to 2026. The market size for the Asia Pacific was USD 88.97 Billion in 2019. The Asia Pacific market is witnessing strong growth owing to rise in adoption of advanced technology in food storage, growing population, and increasing retail food sector. The Asia Pacific Cold Chain Storage market is expected to continue to grow fastest in coming years. Asia Pacific especially China has witnessed a major shift in the last 20 years making the China, an attractive market place both at manufacturing and at an executional level. The Chinese Market was valued at USD 30.85 Billion in 2019. The Chinese Cold Chain Storage market is anticipated to account for the major share of the market, due to high population base, already strong mature market, demand for frozen meat is growing. Factors such as increase in number of refrigerated warehouses, processed food sector is pushing the market in last decade. Moreover, high investment for warehouse monitoring, smart transport is expected to increase the market during the forecasted period.
The North America region holds the 27% of market share with the CAGR of 7.79%. This is due to the presence of established food industry across region and with continued increase in the demand for Cold Chain Storage from end-use applications and inclination towards adoption of latest technology in storage and transportation option.
With the global Cold Chain Storage market witnessing major transition in terms of technological advancements, enhancements, and the growing investments in retail industry, the market poses a lucrative option in the coming years. Increasing awareness about perishable food, food quality, surge in meat consuming population, and rise in demand for better warehouse facilities are expected to provide lucrative opportunities for the Cold Chain Storage market growth during the forecasted period in Asia Pacific region.
However, growing need for energy, lack of product handling techniques in the Cold Chain Storage and high initial investment act as a major barrier for this market.
The Cold Chain Storage Market is segmented on the basis of Product Type, Temperature Type, Storage Type and Application Type.
By Product Type, Warehousing is expected to hold the dominance in the forecasted period. On the other hand, by Application, Fish, Meat & Seafood based food type holds the highest market share.
Key Companies Profiled in the report are Americold Logistics, Lineage Logistics Holdings, Nichirei Corporation, Burris Logistics, Agro Merchants Group, Kloosterboer, United States Cold Storage, Tippmann Group, VersaCold Logistics Services, Henningsen Cold Storage Co. Coldman, Congebec Inc, Conestoga Cold Storage, NewCold, Hanson Logistics, Confederation Freezers, Seafrigo, Trenton Cold Storage, Merchants Terminal Corporation
And Stockhabo. The key players adopted strategies such as strong new product launches along with strategies such as partnership & collaboration to increase its market share and increase global penetration. Further, the significantly rising application of Cold Chain Storage in healthcare is another factor behind the growth of the global Cold Chain Storage market over the forecasted period.

Scope:

Report Data Market
Forecast 2022 XX million/billion (2022-2032)
CAGR 2022 - 2032%
Analysis Period2022 - 2032
Base Year2021
Forecast Data2022 - 2032
Segments CoveredBy Type, By Application, And by Regions
Regional ScopeNorth America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled.
Key Segments

By Type

By Applications

Report CoverageMarket Drivers, Market Trends, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

Frequently Asked Questions

What is the future market value of the ?

The current market value for is expected USD XX million/billion by 2022.

What is the CAGR of the Market?

The is to grow at a CAGR of 5.3% during the forecast by 2032.

What is the Market segment?

On the basis of type, the is segmented into Types.

Who are the key players operating in the ?

The major players operating in the are Company.

Report ID:
FMO9695

Published Date:
Dec 2023

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