Dublin, March 27, 2023 (GLOBE NEWSWIRE) -- The "Cold Chain Market by Type (Refrigerated Warehouse and Transportation), Temperature Type (Chilled and Frozen), Application ( Dairy & Frozen Desserts, Fish, Meat & Seafood, Fruits & Vegetables, Bakery & Confectionery ) and Region - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
The small gas engines market is estimated to grow from USD 3.3 billion in 2023 to USD 4.3 billion by 2028, at a CAGR of 5.4% during the forecast period. The primary drivers of the market include the rising demand for portable generators for small-scale applications.
Snowblowers segment to be the fastest-growing market from 2023 to 2028
The small gas engine market, by equipment, is lawnmowers, string trimmers, hedge trimmers, rotary tillers, edgers, leaf blowers, chainsaws, portable generators, concrete vibrators, concrete screeds, snow blowers and others. The edgers are expected to be the second-fastest growing segment.
They are commonly used in sporting grounds to create boundaries as well as in edging a jogging track around grass or creating aesthetic designs.
Gardening, by end-user, is expected to be the largest market from 2023 to 2028
The small gas engines market is segmented by end-user into gardening, construction, industrial, and others. The gardening segment is expected to be the largest market, followed by construction during the forecast period. This dominance is because of the need for tillers in agricultural industries.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 318 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $278.2 Billion |
| Forecasted Market Value (USD) by 2028 | $428.4 Billion |
| Compound Annual Growth Rate | 9.0% |
| Regions Covered | Global |
Market Dynamics
Drivers
- Increased Demand for Frozen Perishable Commodities
- Increasing International Trade of Perishable Commodities
- Increasing Need for Temperature Control to Prevent Food Loss and Potential Health Hazards
- Technological Innovations in Refrigerated Systems and Equipment
Restraints
- High Energy Costs and Requirement for Significant Capital Investments
- Environmental Concerns Regarding Greenhouse Gas Emissions
Opportunities
- Intermodal Transport to Save Fuel Costs
- Government Support for Cold Chain Infrastructure Development
Challenges
- Maintaining Product Integrity During Transportation of Perishable Commodities
- Rising Fuel Costs: Major Concern for Providers of Refrigerated Transport
Case Study Analysis
- Cold Chain Technologies, Inc: Global Pharmaceutical Company Reduces Shipping Costs by 20%
- Emerson Cold Chain Solutions: Transforming Vaccine
Companies Mentioned
- A.P. Moeller Maersk
- Americold Logistics
- Antarrtica Cold Storage
- Apf Cold Storage & Logistics
- Blue Water Shipping
- Burris Logistics
- Canadian Dry Storage Ltd.
- Chiltern Cold Storage Group Ltd
- Coldman
- Coldrush Logistics
- Conestoga Cold Storage
- Confederation Freezers
- Congebec Inc.
- Jelaidan Cold Store
- Karras Cold Logistics
- Lineage Logistics Holdings, LLC
- Merchants Terminal Corporation
- Newcold
- Nichirei Corporation
- Seafrigo
- Stockhabo
- Tippmann Group
- Trenton Cold Storage
- United States Cold Storage
- Versacold Logistics Services
For more information about this report visit https://www.researchandmarkets.com/r/hbt4cc
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
