Cold Storage Trends and Forecast
The future of the global cold storage market looks promising with opportunities in the food & beverage and pharmaceutical markets. The global cold storage market is expected to reach an estimated $395.3 billion by 2030 with a CAGR of 15.7% from 2024 to 2030. The major drivers for this market are rising organized retail sectors in developing economies, growing automation in refrigerated warehouses, and strict regulations for the supply and production of temperature-sensitive products.A more than 150-page report is developed to help in your business decisions.
Cold Storage by Segment
The study includes a forecast for the global cold storage by storage type, temperature range, application, and region.Cold Storage Market by Storage Type [Shipment Analysis by Value from 2018 to 2030]:
- Facilities/Services
- Equipment
Cold Storage Market by Temperature Range [Shipment Analysis by Value from 2018 to 2030]:
- Chilled (0°C To 15°C)
- Frozen (-18°C To -25°C)
- Deep-Frozen (Below -25°C)
Cold Storage Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Food & Beverages
- Pharmaceuticals
- Others
Cold Storage Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Cold Storage Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cold storage companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cold storage companies profiled in this report include:- Americold Logistics
- Burris Logistics
- Barloworld
- Cloverleaf Cold Storage
- Gulf Drug
- Henningsen Cold Storage Company
- Kloosterboer
- Nordic Logistics
- Oxford Logistics Group
- Preferred Freezer
Cold Storage Market Insights
The publisher forecasts that facilities/services is expected to witness higher growth over the forecast period.Within this market, food & beverages will remain larger segment.
North America will remain the largest region over the forecast period due to an extensive consumer base and the growth of connected gadgets, as well as, bolstering the warehouse network and increasing spending on the infrastructure development of logistics.
Features of the Global Cold Storage Market
- Market Size Estimates: Cold storage market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Cold storage market size by storage type, temperature range, application, and region in terms of value ($B).
- Regional Analysis: Cold storage market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different storage type, temperature range, application, and regions for the cold storage market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cold storage market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the cold storage market size?Answer: The global cold storage market is expected to reach an estimated $395.3 billion by 2030.
Q2. What is the growth forecast for cold storage market?
Answer: The global cold storage market is expected to grow with a CAGR of 15.7% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the cold storage market?
Answer: The major drivers for this market are rising organized retail sectors in developing economies, growing automation in refrigerated warehouses, and strict regulations for the supply and production of temperature-sensitive products.
Q4. What are the major segments for cold storage market?
Answer: The future of the global cold storage market looks promising with opportunities in the food & beverage and pharmaceutical markets.
Q5. Who are the key cold storage market companies?
Answer: Some of the key cold storage companies are as follows:
- Americold Logistics
- Burris Logistics
- Barloworld
- Cloverleaf Cold Storage
- Gulf Drug
- Henningsen Cold Storage Company
- Kloosterboer
- Nordic Logistics
- Oxford Logistics Group
- Preferred Freezer
Answer: The publisher forecasts that facilities/services is expected to witness higher growth over the forecast period.
Q7. In cold storage market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to an extensive consumer base and the growth of connected gadgets, as well as, bolstering the warehouse network and increasing spending on the infrastructure development of logistics.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cold storage market by storage type (facilities/services and equipment), temperature range (chilled (0°c to 15°c), frozen (-18°c to -25°c), and deep-frozen (below -25°c)), application (food & beverages, pharmaceuticals, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Global Cold Storage Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Americold Logistics
- Burris Logistics
- Barloworld
- Cloverleaf Cold Storage
- Gulf Drug
- Henningsen Cold Storage Company
- Kloosterboer
- Nordic Logistics
- Oxford Logistics Group
- Preferred Freezer
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
LOADING...
