Cold Storage Market Size Worth $212.54 Billion By 2025 | CAGR: 12.2%

April 2019 | Report Format: Electronic (PDF)

The global cold storage market size is anticipated to reach USD 212.54 billion by 2025 expanding at a CAGR of 12.2%, according to a new report by Grand View Research, Inc. The retail sector in emerging economies, such as India and China, is getting more organized and this trend is expected to augment the demand for cold storage over the forecast period. Government policies to deregulate the entry of foreign companies have increased the Foreign Direct Investment (FDI) in the retail sectors of such regions.

Organized retail stores use better refrigeration and improved storage technology than the traditional stores. Thus, consumers are increasingly purchasing frozen foods from these retail stores. With the increased demand for chilled and frozen foods and rapidly expanding of the organized retail sector, the demand for the cold storage solutions is expected to grow over the projected period. The organized retail supports different outlet formats depending on spending power and proximity from major residential and consumption clusters.

The offline mode of the organized retailing is categorized into convenience stores, supermarkets, and hypermarkets based on the product range and surface coverage. On the other hand, lack of power hook-ups for reefer trailers at transportation hubs and ports coupled with the lack of reliable power supply for cold warehouses further increases the operation costs.

However, this also offers opportunities for companies to develop unique solutions or leverage alternative energy sources that can overcome these issues in emerging markets. Furthermore, new transportation means, such as versatile refrigerated containers, are being developed to overcome the lack of adequate transportation facility. These solutions can provide access to international markets and offer opportunities for farmers and small-scale businesses in these regions.

 To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/cold-storage-market

Further key findings from the study suggest:

  • Factors, such as environmental auditing and construction of low-carbon buildings and energy-efficient cold storage warehouses, are anticipated to drive the market in the years to come

  • Rising consumer preference for private labels will contribute to the growth of food retail chains across the globe, thereby augmenting the demand for cold storage solutions

  • The frozen temperature type segment is anticipated to register a CAGR of 11.2% from 2019 to 2025 due to significant changes in living standards and food consumption behaviour of consumers

  • The processed food application segment is anticipated to witness the highest growth rate over the projected period

  • The cold storage market in Japan is increasingly becoming saturated, thus, the operators in the country would be looking for opportunities to increase the international trade

  • Key companies in the market include Barloworld Limited (South Africa); VersaCold Logistics Services (Canada), Cloverleaf Cold Storage (U.S.), and Henningsen Cold Storage (U.S.)

Grand View Research has segmented the global cold storage market on the basis of warehouse type, construction type, temperature type, application, and region:

Cold Storage Warehouse Type Outlook (Revenue, USD Billion, 2014 - 2025)

  • Private & Semi-private

  • Public

Cold Storage Construction Type Outlook (Revenue, USD Billion, 2014 - 2025)

  • Bulk Storage

  • Production Stores

  • Ports

Cold Storage Temperature Type Outlook (Revenue, USD Billion, 2014 - 2025)

  • Chilled

  • Frozen

Cold Storage Application Outlook (Revenue, USD Billion, 2014 - 2025)

  • Fruits & Vegetables

  • Dairy

  • Fish, Meat & Seafood

  • Processed Food

  • Pharmaceuticals

Cold storage Regional Outlook (Revenue, USD Billion, 2014 - 2025)

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • U.K.

    • France

    • Netherlands

  • Asia Pacific

    • China

    • Japan

    • India

    • Singapore

  • South America

    • Brazil

  • Middle East and Africa (MEA)

Request Sample
Request for Customization

Choose License Type

Single User - $4,950
Multi User (2-5) - $5,950
Enterprise Access - $7,950

Buy Chapters or Sections

Avail customized purchase options to meet your research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

  • Research support

    24/5 Research support

    Get your queries resolved from an industry expert. Request for a free product review before report purchase.

  • Custom research service

    Custom research service

    Speak to the report author to design an exclusive study to serve your research needs.

  • Quality assurance

    Quality assurance

    A testimonial for service excellence represented in the form of BBB "A" Accreditation.

  • BBB Rating dandb
  • Information security

    Information security

    Your personal and confidential information is safe and secure.

  • BOA