Dublin, March 14, 2023 (GLOBE NEWSWIRE) -- The "Cold Storage Construction: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Cold Storage Construction estimated at US$11.8 Billion in the year 2022, is projected to reach a revised size of US$32.8 Billion by 2030, growing at a CAGR of 13.6% over the analysis period 2022-2030.
Production Stores, one of the segments analyzed in the report, is projected to record a 14.4% CAGR and reach US$18.3 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Bulk Stores segment is readjusted to a revised 13.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.1 Billion, While China is Forecast to Grow at 16.4% CAGR
The Cold Storage Construction market in the U.S. is estimated at US$3.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$8.3 Billion by the year 2030 trailing a CAGR of 16.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.3% and 12.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.4% CAGR.
Select Competitors (Total 153 Featured) -
- A M King
- AmeriCold Logistics LLC
- Burris Logistics
- Hansen Cold Storage Construction
- Lineage Logistics Holding, LLC
- Nichirei Logistics Group Inc.
- Primus Builders, Inc.
- Stellar
- Tippmann Group
- United States Cold Storage, Inc.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 408 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $11.8 Billion |
| Forecasted Market Value (USD) by 2030 | $32.8 Billion |
| Compound Annual Growth Rate | 13.6% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of Covid-19 and a Looming Global Recession
- Year 2021 in Review and Near Term Outlook
- After the Pandemic, Global Economic Uncertainty Surges Again Amid the Russia-Ukraine War, Lowering Growth Expectations for 2022: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
- Cold Storage Experiences Scintillating Surge with COVID-19-Induced Online Grocery & Vaccine Storage Demand
- Rise in Online Grocery Shopping Fuels Demand
- Vaccine Storage Remains Key Demand Driver
- Vaccine Distribution Leads to Flurry of Cold Storage Construction Projects
- Top Countries with Highest Rate of COVID-19 Vaccination: Share (%) of People Vaccinated against COVID-19 (May 2022)
- COVID-19 Vaccination Stats
- COVID-19 Vaccine Approval Details: 2020-2022
- Competition
- Cold Storage Construction - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Cold Storage: A Major Aspect of Cold Chain Logistics
- Cold Storage Construction: The Different Types
- Robust Growth on the Cards for Cold Storage Construction Market
- The US - The Leading Region for Cold Storage Construction
- New Cold Storage Projects
- Cold Storage Construction Projects: Navigating through Unique Challenges
- High Build-Out Cost & Higher Ceilings
- Shortage of Skilled Labor
- Extended Lead Times & Delivery Delays
- Other Physical Demands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Manufacturers Ramp Up Cold Storage Construction at Sites in Proximity of Manufacturing Locations
- Materials Shortages Emerge as Burning Issue for Cold Storage Construction
- Shortages-Driven Changes
- Efforts on Rise to Build Sophisticated Facilities in Cost-Efficient Manner
- COVID-19 Triggers Unprecedented Disruptions in the Supply Chain & Accelerates the Urgency to Rethink Supply Chain Management
- Globalization of Businesses Drives the Need for Efficient Supply Chain Designs
- Significant Growth in E-Commerce and online Grocery Shopping Induced by the Pandemic: A Key Driver
- Global e-Commerce Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
- Same Day Delivery Heightens Demand
- Share of Grocery Sales Online: 2016-2025
- Healthy Tide in Processed Food Retail Augments Investments in Cold Storage Infrastructure
- Key Retail Trends Influencing Wider Deployment of Cold Storage Infrastructure
- Emphasis on Fresh Supply Chains
- Emergence of Online Retail Channel
- Rising Demand for Organic Foods
- Global Demand for Organic Food in US$ Billion: 2021, 2015, 2020 and 2025
- Global Organic Agricultural Land in Million Hectares for the Years 2010, 2012, 2014, 2016 and 2018
- Organic Farmland as % of Total Agricultural Land by Region: 2018
- Pandemic Drives Consumer Shift Towards Natural & Organic Foods
- Strong Demand for Frozen Foods Bodes Well for Market Growth
- Frozen Foods: Key Benefits Driving Consumer Acceptance
- Global Opportunity for Frozen Foods by Type (In US$ Billion) for Years 2020, 2022, 2024, 2026
- COVID-19 Sets the Stage for Frozen Food Consumption
- Factors Favoring Frozen Food Demand amid Pandemic
- Rise in Online Food Orders Accelerate Demand for Cold Storage Units
- Global Online Food Delivery Services Market Size (in US$ Billion) for 2019, 2021, 2023 & 2025
- Demanding Supply Chain Requirements of Temperature Sensitive Pharmaceuticals Spurs Market Expansion
- Demanding Supply Chain Requirements of Temperature Sensitive Pharmaceuticals Spurs Market Expansion
- Global Prescription Drug Sales (In US$ Billion) for the Years 2017, 2019, 2021, 2023 & 2025
- Rapid Growth of Generic Drugs to Drive Demand
- Global Generic Drugs Market Size (in $ Billion) for the Years 2016, 2019, 2020 & 2025
- Vaccines Make Cold Chain Highly Relevant in Pharmaceutical Logistics
- Investment in Pharma Cold Storage Facilities to Increase in the US in the Wake of the Pandemic
- Construction of the Cold Storage Facility for Storing COVID-19 Vaccines Begins in Egypt
- Prevailing Trends in Healthcare Sector Widen Opportunities
- World Healthcare Expenditure (In US$ Billion) for the Years 2017, 2019, 2021 & 2023
- Technology Adoption on the Rise in the Cold Chain Sector
- Automation on Rise in Cold Storage Facilities
- Vertical Construction a Growing Trend
- Novel Technologies and Approaches Poised to Revitalize Cold Storage Construction: A Review of Latest Trends in Cold Storage Landscape
- Sandwich Panels Most used for Thermal Insulation of Cold Storage Chambers
- Data-Driven Approach for Increasing Energy Efficiency of Cold Storage Units
- Challenges Faced by the Cold Chain Logistics Industry: Technology Coming to the Rescue
- HCFC Phase Out Programs Build Momentum for Alternative Refrigerants in Cold Chains
- HCFC Phase Out Timeline in the US
- Ammonia Refrigeration Gains Robust Traction in Cold Storage Facilities
- Offering Eco-Friendly Alternative, CO2 Refrigeration Set to Make Big Gains
- Led by Growing Population & Nutrition Needs, Global Food Industry to Offer Broad Based Opportunities for Cold Storage Facilities
- Growing Population Pushes up Demand for Food and Beverage Products: World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
- Global Average Food and Beverage Revenue Per Capita (In US$ Million) for Years 2020, 2022, 2024 & 2026
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/abw5he
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