19th March 2020 – The global “Cold
Storage Market” presents a widespread and elementary study of Cold
Storage business at the side of the analysis of subjective aspects which is
able to give key business insights to the readers. World Cold Storage Market
analysis report offers the analytical read of the business by learning various
factors like Cold Storage Market growth, consumption volume, market trends and Cold
Storage business price structures throughout the forecast amount from 2014 to
2025.
Global Cold Storage Market is
predicted to reach USD 212.54 billion by 2025 owing to the increasing retail
sector in the emerging countries across globe.
Cold storage is a room with low temperature maintained by using machinery and
appropriate equipment. India, a developing economy is observed as a special
geography with a wide range of quality soil that can produce various types of
vegetables & fruits along with marine products in huge quantities in
coastal areas.
The cold storages play a very important
role in extending the shelf life, marketing period, avoiding excess supply and
reducing transport bottlenecks in the high time of production and maintaining
production quality. In short, cold storages are essential for minimizing the
wastage of perishable items and hence offering remunerative prices to the
farmers and producers. The ever-growing population and the demand for
food products are expected to boost cold storage market with a CAGR of 12.4% in
coming years.
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Main features of the report:
·
To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the global Cold Storage Market.
·
A complete backdrop analysis,
which includes an assessment of the parent market
·
Important changes in market
dynamics
·
Market segmentation up to the
second or third level
·
To provide country level
analysis of the market for segment by application, product type and
sub-segments.
·
To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market.
·
Track and analyze competitive
developments such as joint ventures, strategic alliances, mergers and
acquisitions, new product developments, and research and developments in the
global Cold Storage Market.
·
Emerging niche segments and
regional markets
·
An objective assessment of the
trajectory of the industry.
The retail sector in the emerging
economies are progressively getting organized. The licensed retailers of the
organized retail industry sells products of different varieties. As compared to
the traditional provisions, the organized retail provisions use improved
storage technology and better refrigeration techniques. These factors are
predicted to augment the cold storage market in near future.
However, the lack of infrastructure
required for market development is the major challenge for the cold storage
market players to expand in the emerging markets. Moreover, shortage of power
hook-ups for reefer trailers at transportation centers and ports with
inconsistent power supply for cold storages are expected to increase the
operation costs.
Geographically, the cold storage
industry is segmented as North America, South America, Europe, Asia Pacific and
Middle East & Africa. Asia pacific is expected to dominate the cold storage
market in near future owing to the growth in the refrigerated storage capacity.
Especially, Indian market is predicted to hold less than half of the entire
cold chain capacity to meet its current requirements.
The key cold storage market player
profiled here are Americold Logistics LLC, Al Rai Logistica K.S.C, Agro
Merchants Group, Burris Logistics, Barloworld Limited, Cloverleaf Cold Storage,
Gulf Drug LLC, Henningsen Cold Storage Company, Kloosterboer, Lineage
Logistics, Nordic Logistics, Oxford Logistics Group, Oceana Group Limited,
Preferred Freezer, RSA Logistics, Swire Group, VersaCold Logistics Services,
United States Cold Storage Inc., Wared Logistics and Wabash National Corporation.
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