Pune, 07, Dec, 2022: As per Maximize Market research, a global business research and consultancy firm, the total global market for Cold Storage Construction Market was USD 11 Bn in 2021 and is expected to grow at CAGR of 14% over the forecast period to reach USD 31.4 Bn by 2029
Cold Storage Construction Market Scope and Research Methodology
The report offers a deep understanding of market for investor and decision makers of the companies. The study contains scenarios for the cold storage construction market from the past and present, along with projected market numbers. With its clear portrayal of competitive analysis of significant companies by product, pricing, financial condition, product portfolio, growth strategies, and regional presence in the domestic as well as the local market, the research acts as an investor’s guide.
The bottom-up approach was employed to validate the market size in terms of value and volume by different segments. Data was collected employing both primary and secondary data collection methods. Surveys, administering questionnaires and telephonic interviews with industry specialists, market leaders, entrepreneurs and marketing professionals were included in the primary methods. Secondary data was collected from a list of sources for maximum reliability of the inferences. This includes official databases of various organisations and government sites, industry journals, white papers, annual reports, releases of product manufacturers and suppliers in the industry along with paid databases.
SWOT analysis was conducted to provide the strengths and weaknesses of Cold Storage Construction Market while PESTLE was employed to understand the potential impact of the micro-economic factors affecting the Cold Storage Construction Market. Thus the report provides a detailed overview of the Cold Storage Construction Market.
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Cold Storage Construction Market Overview.
The room used for cold storage is built using masonry techniques and plastered with at least 25mm of material (mortar). After the plaster has dried, the walls, ceiling, and floor are protected to create a cold storage construction. In terms of storage, the production store category is the cold storage product with the fastest market growth owing to the concrete protection of objects, such as raw materials, and semi-finished products, during the production process finished, as well as finished goods. Solutions for cold chain logistics are frequently used to deliver and preserve foods like fruits, vegetables, meat, livestock, and pharmaceuticals. Refrigerated vehicles, refrigerated cargo, and air cargo are all common routes of transportation.
Cold Storage Construction Market Dynamics
One of the key drivers for boosting the growth of the cold storage construction market is the increase in global traffic in perishable goods. When utilized to store perishable foods, cold storage has various benefits, such as reducing the rate at which perishable foods deteriorate, regulating temperature, lowering the risk of food poisoning, reducing the hassle of cooking regularly, and enabling longer-term storage of food. Thanks to the food industry, cold storage has uses in the pharmaceutical, biotech, and medical professions. The consumption of various items and goods has significantly increased in a world dominated by globalization.
The market is also boost by the focus of various governments initiatives related with healthcare systems use of packaging materials for storing solid, liquid, and semisolid forms of formulations, including capsules, topical medicine formulations, tablets, and syrups.
Cold Storage Construction Market Regional Insights
The North American region dominated the global storage construction market in 2021, accounting for more than 45% of global sales. Owing to a growing network of warehouses and increased investment in the construction of the logistics infrastructure, Mexico in particular is expected to experience exponential growth in North America.
A consumer-driven economy is being adopted by some nations, including China. As a result, during the forecast period, they are expected to experience significant growth. Due to Improvements in warehouse management and refrigerated transportation, as well as government subsidies cold chain industry has gain exponential growth.
Cold Storage Construction Market Segmentation
By Storage Type
- Production stores
- Bulk stores
- Ports
- Others
By warehouse Type
- Cold rooms
- Refrigerated containers
- Blast freezers and chillers
- Pharmaceutical cold storage warehouse
By Application
- Perishable Food
- Biopharmaceutical products
- Processed Food
- Chemicals
- Flowers & Plants
By Region
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
Cold Storage Construction Market Key Manufacturers include:
- AmeriCold Logistics LLC
- Lineage Logistics
- Swire Group
- AGRO Merchants Group, LLC
- Nichirei Logistics Group Inc.
- Kloosterboer
- NewCold Coöperatief U.A.
- VersaCold Logistics Services
- Tippmann Construction / Interstate Warehousing, Inc.
- Frialsa Frigorificos S.A. De C.V.
- Burris Logistics
- Preferred Freezer Services
- Primus Builders, Inc.
- Emergent Cold
- Hansen Cold
- Stellar
- United States Cold Storage
- Cloverleaf Cold Storage
- Wabash National Corporation
Key questions answered in the Cold Storage Construction Market are:
- What is Cold storage construction?
- What is the growth rate of Cold storage construction Market for the next five years?
- What is the nature of competition in Cold storage construction industry in developed and developing economies?
- Who are the key players in the Cold storage construction Market?
- Who are the market leaders in Cold storage construction in Europe
- Who are the market leaders in Cold storage construction in USA and Canada
- Who are the market leaders in Cold storage construction in India, China, Japan and South Korea?
- What are the factors affecting growth in the Cold storage construction Market?
- Who held the largest market share in Cold storage construction Market?
- What are the factors for the growth of Asia-Pacific region in Cold storage construction market?
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Key Offerings:
- Market Share, Size & Forecast by Revenue | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by storage type, warehouse type and application.
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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