The Global Cold Storage Construction Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline.
According to a new report by Emergen Research, the worldwide cold storage construction industry is anticipated to reach a market value of USD 18.59 billion by 2027. The market's rapid revenue growth might be ascribed to the increase in consumer demand for processed and perishable food items. Demand for and deployment of cold storage structures and services have been driven by increasing government initiatives to boost the usage of cold storage facilities to prevent food loss and wastage. The demand for more and larger cold storage facilities has grown as a result of the growing necessity for proper handling and storage of food goods to reduce the danger of cross-contamination.
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Key Highlights of Report
- In June 2020, Lineage Logistics, which is an innovative and well-established provider of temperature-controlled logistics solutions provider, announced completion of acquisition of Emergent Cold. The acquisition is expected to help the company in providing more advanced and innovative logistics services globally.
- The perishable food segment accounted for largest market share of 36.0% in 2019. Rising disposable income of consumers in developing economies has been resulting in increasing demand for perishable food products.
- Production stores segment revenue is expected to expand at a rapid CAGR of 14.4% during the forecast period. The increased need for protection of food products and raw materials against spoilage and contamination during various production processes has been driving demand for production stores.
- The refrigerated containers segment accounted for a significantly high revenue share in the cold storage construction market in 2019.
The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.
Key companies operating in the Cold Storage Construction market include:
AmeriCold Logistics LLC, Lineage Logistics, Swire Group, AGRO Merchants Group, LLC, Nichirei Logistics Group Inc., Kloosterboer, NewCold Coöperatief U.A., VersaCold Logistics Services, Tippmann Construction / Interstate Warehousing, Inc. (a Tippmann Group Company) and Frialsa Frigorificos S.A. De C.V.
Emergen Research has segmented the global cold storage construction market on the basis of application, storage type, cold storage warehouse type, and region:
Application Outlook (Revenue, USD Billion; 2020–2027)
- Biopharmaceutical products
- Perishable food (Fruits vegetables, meat seafood, dairy products)
- Processed food
- Chemicals
- Flowers plants
Storage Type Outlook (Revenue, USD Billion; 2020–2027)
- Bulk stores
- Production stores
- Ports
- Others
Cold Storage warehouse type Outlook (Revenue, USD Billion; 2020–2027)
- Refrigerated containers
- Blast freezers and chillers
- Cold rooms
- Pharmaceutical cold storage warehouse
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Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
- North America
- S.
- Canada
- Europe
- K.
- Italy
- Germany
- France
- Rest of EU
- Asia Pacific
- India
- Japan
- China
- South Korea
- Australia
- Rest of APAC
- Latin America
- Chile
- Brazil
- Argentina
- Rest of Latin America
- Middle East Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
Key Questions Addressed in the Report:
- Who are the leading players in the Cold Storage Construction industry?
- Which region is expected to dominate the market in the coming years?
- What are the key applications of Cold Storage Construction?
- Which segment is expected to garner traction during the coming years?
- What are the key strategies adopted by leading players in the market?
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About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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