Global Refrigerated Warehousing Market, By Temperature (Chilled, Frozen), Application (Fruits and Vegetables, Bakery and Confectionery, Milk and Dairy Products, Meat and Seafood, Food and Beverages), Technology (PLC (Programmable Logic Controller), Evaporation Cooling, Vapour Freezing and Blast Freezing), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Data Bridge Market Research analyses that the global refrigerated warehousing market to be growing at a CAGR of 10.50% in the forecast period of 2022-2029 and is likely to reach the USD 36.87 billion by 2029.
Perishable commodities that might rot under normal conditions are stored in refrigerated warehouses. Fruits, dairy products and vegetables, among other items, must be kept at a specified temperature to stay fresh in a refrigerated warehouse. Also, the refrigerated warehouse prevents sprouting and pest damage. Apart from food, refrigerated warehousing is required for blood samples, camera film, beverages, candles, and others. Refrigerated warehousing is linked to logistics such as refrigerated containers and refrigerated ships to transport goods to other locations.
The rise in consumer demand for perishable foods is driving the global refrigerated warehousing market. Furthermore, the advancement of solid retail channels and the growing need for food safety and taste consistency are some macroeconomic factors that positively impact the worldwide refrigerated warehousing market. Another factor, including growing government support for infrastructural advancements in the refrigerated warehousing sector will cushion the market's growth rate. Additionally, the rise in the adoption rate of refrigerated warehousing systems by various food and beverage industries will escalate the refrigerated warehousing market's growth rate. Another significant factor responsible for the expansion of the refrigerated warehousing market is government authorities' increasing investment level to develop sustainable cold chain infrastructure.
Moreover, the rise in government initiatives for reducing post-harvest and processed food wastage and growing demand for refrigerated warehouses in Asian countries will boost the beneficial opportunities for the growth of refrigerated warehousing market.
However, the rise in infrastructure cost and high energy consumption will hamper the market growth rate. Additionally, high energy bills involved with operation of refrigerated systems will obstruct the refrigerated warehousing market's overall growth. Also, the absence of infrastructural support in emerging markets and the scarcity of skilled resources will challenge the refrigerated warehousing market throughout the forecast period.
This refrigerated warehousing market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on refrigerated warehousing market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Refrigerated Warehousing Market Scope and Market Size
The refrigerated warehousing market is segmented on the basis of temperature, application, and technology. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of temperature, the refrigerated warehouse market is segmented chilled, frozen.
- Based on application, the refrigerated warehouse market is segmented into fruits and vegetables, bakery and confectionary, dairy products, meat and seafood and food and beverages.
- The refrigerated warehouse market is also segmented on the basis of technology into PLC (programmable logic controller), evaporation cooling, vapour freezing and blast freezing.
Refrigerated Warehousing Market Country Level Analysis
The refrigerated warehousing market is analyses and market size, volume information is provided by country, temperature, application, and technology as referenced above.
The countries covered in the refrigerated warehousing market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific dominates the refrigerated warehousing market and will continue to flourish its trend of dominance during the forecast period owing to the presence of the large number of refrigerated warehouses and increasing demand for processed foods in this region.
The country section of the refrigerated warehousing market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Refrigerated Warehousing Market Share Analysis
The refrigerated warehousing market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to refrigerated warehousing market.
Some of the major players operating in the refrigerated warehousing market are LINEAGE LOGISTICS HOLDING, LLC, Americold, John Swire & Sons (H.K.) Ltd., AGRO Merchants Group, NICHIREI CORPORATION, Iterstate Cold Storage Inc., A B Oxford Cold Storage Co. Pty Ltd., VersaCold Logistics Services, Congebec, Inc., Hanson Logistics Limited, Snowman Logistics, Berkshire Transportation Inc., Kloosterboer, Trenton Cold Storage, and CONESTOGA COLD STORAGE, among others.
Customization Available : Global Refrigerated Warehousing Market
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