Dublin, Jan. 30, 2024 (GLOBE NEWSWIRE) -- The "Global Cold Storage Market 2024-2028" report has been added to ResearchAndMarkets.com's offering.
The latest report on the Global Cold Storage Market offers an expansive overview of the sector, expecting significant growth from 2023 to 2028. Accelerating at an impressive CAGR of 13.83%, the market is anticipated to expand by an astounding USD 145.71 billion.
This expansion is attributed to crucial factors that include heightened awareness geared towards curbing food wastage, an uptick in frozen food consumption, and the strict adherence to regulations overseeing the storage and transport of commodities.
Market Analysis and Forecasts
Current market dynamics and upcoming trends have been meticulously analyzed, offering insights into the driving forces behind the cold storage industry's growth.
The emergence of fuel cell-based forklifts within refrigerated warehousing and the integration of automated storage/retrieval systems (AS/RS) alongside the Internet of Things (IoT) within cold chain logistics are pinpointed as key elements propelling market expansion.
Segmentation of Cold Storage Market
- Meat and Seafood
- Fruits and Vegetables
- Bakery and Confectionery
- Dairy and Frozen Products
- Other Applications
The market differentiates into private, semi-private, and public sectors, addressing various infrastructural needs across the cold storage industry. Geographically, the report segments the market into APAC, North America, Europe, the Middle East and Africa, and South America, presenting a comprehensive outlook on the global landscape.
Vendor Insights and Competitive Analysis
An extensive assessment of key players has been conducted to support clients in bolstering their market position. The evaluation includes a broad spectrum of vendors, revealing the competitive edge of the market. Importantly, the report illuminates the strategies vendors employ to capitalize on growth opportunities, aiding companies in their strategic planning efforts.
Strategic Growth Opportunities
With a forecast that unveils significant growth prospects, the report assists companies in identifying and leveraging potential opportunities for expansion. By providing a detailed scenario encompassing promotions, pricing, and competitive landscape, the research lends a strategic edge to stakeholders in a rapidly evolving market.
For industry participants and investors seeking meticulous market insights and trends, the Global Cold Storage Market report serves as a foundational resource for informed decision-making and long-term strategic planning.
Companies Profiled
- Americold Realty Trust Inc.
- Beijing Howcool Refrigeration Technology Co. Ltd.
- Burris Logistics Co.
- Changzhou Yuyan Refrigeration Equipment Co. Ltd.
- Coldman Logistics Pvt. Ltd.
- Commercial Cold Storage Group Ltd.
- Congebec Logistics Inc.
- Falcon Refrigeration Industry
- Holt Logistics Corp.
- Indicold Pvt Ltd.
- Interstate Cold Storage Inc.
- John Swire and Sons Ltd.
- Lineage Logistics Holdings LLC
- NewCold Cooperatief UA
- Nor AM Cold Storage
- RSA Global DWC LLC
- Snowman Logistics Ltd.
- Stellar
- VersaCold Logistics Services
- Nichirei Corp.
For more information about this report visit https://www.researchandmarkets.com/r/br09b5
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