North America Cold Storage Market Key Players Analysis, Top Manufacturers, Estimate and Forecast -2027

Cold Storage Market Outlook by 2027, Key dynamics, and Key Companies competition.

The Cold Storage market was valued at US$ 38.7 Bn. in 2020 and is expected to reach US$ 77.8 Bn. by 2027, at a CAGR of 10.5% during a forecast period. Maximize Market Research (MMR), a provider of healthcare statistics and data for both regional and global markets, has published a report on the Cold Storage market. Reports offer analysis of the business environment, regional market figures, and projections through 2027.

The report covers a wide range of issues with an emphasis on marketplaces and industries. Examples of branding strategies include launching new products, growing an organisation, forming joint ventures with others, and acquisitions. Additionally, all of the essential elements of the market research that specifically target the industrial landscape have been taken into account in the creation of this study. Additionally, the main market drivers, challenges, and opportunities are identified and examined in this market research analysis. The global healthcare business consultancy firm Maximize Market Research recently conducted a study on the competitive industry and market intelligence in the Cold Storage Market. An 18-year industry experience who examined the market from both a local and global perspective was employed in the study, which uses both primary and secondary data.

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Market Overview:

By carefully examining current and emerging trends, you will gain a better understanding of the Cold Storage Market. The analysis made use of Porter's five forces to assess the importance of a number of variables, such as the challenges raised by various agents, the level of market competition, and how well-versed aspiring young businesspeople were in a resource. The analysis looked at each country's microeconomic structure to establish the overall market size by regions and product categories. From the ground up, the predicted sizes of the local, regional, and global markets are determined. The percentage that the unregulated market contributes to the size of the overall market can be calculated using a micro level examination of each nation. Interactions with well-known local businesspeople help to confirm the results. Both paid and unpaid data sets are utilised to perform and evaluate secondary research. Actual government statistics, commercial databases, and, in the case of listed companies, yearly reports are the sources for supply by category and demand by each player.

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Market Dynamics:

Increasing demand for frozen and processed items, as well as the availability of well-organized retail sectors due to improved storage technology and better refrigeration than traditional stores, are expected to drive growth in the cold storage market throughout the forecast period. Furthermore, increased demand for refrigerated storage is expected to move the market ahead, owing to a growing desire for perishable products. The preservation of foods or other objects in a refrigerator or other cold environment is known as cold storage. Chilled storage is an important part of the supply chain management process when storing or transporting temperature-sensitive products.

Market Segmentation:

Based on type, the public warehouse segment held the largest share of 76% in 2020. Public warehouses, which provide duty-paid amenities, might be owned by individuals or agencies. A public warehouse is a self-contained company that offers services including storage, handling, and shipping for a set or variable fee.

Based on construction type, The Production stores segment held the largest share of 49% in 2020. The segment's rise is due to its adaptability and choice for preserving fruits, vegetables, flour, cooking materials, and canned goods for extended periods of time without spoiling. Over the next few years, the number of warehouses built at ports is expected to rise dramatically. These facilities can make customs procedures for importing and exporting temperature-controlled goods easier.

Regional Analysis:

The five primary geographical regions of the Cold Storage market are North America (the United States, Canada, and Mexico), Europe (the United Kingdom, Germany, France, Italy, Russia, Sweden, etc.), Asia-Pacific (China, Japan, South Korea, India, Australia, ASEAN, and Rest of APAC), South America (Brazil, Argentina, etc.), and the Middle East and Africa (South Africa, GCC, Egypt, Nigeria, and Rest of ME&A).

Market Key players:

• Americold Logistics
• Agro Merchant
• Burris Logistics
• Cloverleaf Cold Storage
• Henningsen Cold Storage
• Kloosterboer
• Lineage Logistic
• Nordic Logistics
• Preferred Freezer
• Swire Group
• United States Cold Storage
• VersaCold Logistics
• Nichirei Corporation
• Tippmann Group
• Congebac Inc
• NewCold
• Snowman Logistics
• Wabash National

Reasons to buy :

• Market segmentation is carried out by qualitative and quantitative research, taking into account both economic and non-economic factors.
• Data on market value (in USD billions) is provided for every category and sub-segment.
• Identifies the region and sector expected to have the fastest growth and gain the largest market share.
• The industry's present and long-term market prospects in light of recent developments, including growth prospects, growth-related factors, and difficulties that emerging and developing regions alike must address.
• A competitive climate that considers the market shares of the top businesses as well as the launch of new goods and services, partnerships, corporate growth, and acquisitions.

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