Exploring the Key Trends Shaping the Cold Storage Market
Market Research Future Insights
Cold Storage Market is projected to be worth USD 397.34 Billion by 2030, registering a CAGR of 14% during the forecast period (2022–2030), The market was valued at USD 122.19 billion in 2021.
Cold storage is a type of warehouse or storage facility that is specifically designed to store perishable goods at low temperatures. Cold storage facilities are used to preserve a wide range of products, including food, pharmaceuticals, and other temperature-sensitive items. They are typically equipped with refrigeration and temperature control systems to ensure that the stored goods are kept at the appropriate temperature. The COVID-19 pandemic has had a significant impact on the cold storage industry. The increased demand for food and other essential goods during the pandemic has led to a surge in the demand for cold storage facilities. In addition, the pandemic has disrupted global supply chains and disrupted the movement of goods, which has put additional pressure on cold storage facilities to ensure that products are stored and transported safely. As a result, many cold storage facilities have had to expand their operations and invest in additional capacity to meet the increased demand.
Key Players
Some of the key market players are Lineage Logistics Holdings, Americold Logistics LLC, Nichirei Corporation, Kloosterboer, Tippmann Group, The United States Cold Storage, Henningsen Cold Storage Co., VersaCold Logistics Services, Congebac Inc., NewCold, Snowman Logistics Pvt Ltd.
Regional Analysis
North America is growing in the cold storage market due to the solid network of warehouses and development in the logistics industry. There is a rising possibility for Asia-Pacific countries to grow in the upcoming years because of their huge consumer demand.
Market Segmentation
The Global Cold Storage market has been segmented into type, temperature type, and application.
Based on the type, the market has been segmented into needle Refrigerated Warehouse and Refrigerated Transport.
Based on the application, the market has been segmented into Dairy & Frozen Desserts, Fish, Meat, And Seafood Products, Bakery & Confectionery Products, Organic Fruits & Vegetables, and Others.
Based on the temperature type, the market has been segmented into Frozen, and Chilled.
Related Reports —
- Cold Storage Market https://www.marketresearchfuture.com/reports/cold-storage-market-9995
- Cargo Transportation Market https://www.marketresearchfuture.com/reports/cargo-transportation-market-10192
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