Refrigerated Warehousing And Storage Market 2020 Precise Outlook - Americold Logistics; Lineage Logistics; Preferred Freezer Services; John Swire; Agro Merchants

The Refrigerated Warehousing And Storage Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The global refrigerated warehousing and storage market is expected to grow from $117 billion in 2019 to $117.1 billion in 2020 at a compound annual growth rate (CAGR) of 0.1%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 10% from 2021 and reach $152.4 billion in 2023.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Refrigerated Warehousing And Storage Market: Americold Logistics; Lineage Logistics; Preferred Freezer Services; John Swire; Agro Merchants and others.

Industry News:

Thursday, February 20, 2020: Temperature-controlled warehouse operator Americold Realty Trust (NYSE: COLD) sees a healthy demand environment for cold storage continuing. During its fourth-quarter 2019 earnings conference call, the Atlanta-based real estate investment trust's (REIT) management team said it expects new facility development starts to be in the range of $75 million to $200 million during 2020. The company's total project pipeline stands at $1.2 billion. Further, management expects same-store warehouse revenue to increase 2-4% year-over-year in 2020 as there are "lots of occupancy opportunities" in their core markets, especially during peak produce seasons.

In the fourth quarter, Americold reported a 26% year-over-year increase in global warehouse revenue at $384 million. The average number of economic occupied pallets, or the total pallet space actually physically occupied or committed to its customers under contract, grew 20% to 3.2 million pallet positions. The occupancy rate of these pallets declined 60 basis points to 83.1% with revenue per pallet declining 19 cents to $49.99. Net operating income (NOI) contribution from the warehouse segment increased 29% to $130 million. Americold made some large purchases in 2019. In May, the company acquired Cloverleaf Cold Storage in a $1.25 billion deal and announced an agreement to purchase Canadian-based cold storage facility operator Nova Cold Logistics in November for a little more than $250 million. That deal closed on Jan. 2.

Nov. 18, 2019: Lineage Logistics LLC, the largest refrigerated-storage company in the world by space, is expanding in the Asia-Pacific region with a deal to buy upstart Emergent Cold from hedge fund Elliott Management Corp. Lineage, whose customers include Walmart Inc., Tyson Foods Inc., General Mills Inc. and Sysco Corp., is paying more than $900 million for Emergent, in a deal being announced this week, according to a person familiar with the sale. The transaction would increase Lineage's global footprint by about 8%, to more than 1.7 billion cubic feet of capacity. The acquisition, expected to close in 2020, comes as shifting consumer tastes toward fresh foods and the rapid growth in online grocery sales fuel more demand for refrigerated storage.

Market Overview:

Asia Pacific was the largest region in the global refrigerated warehousing and storage market, accounting for 34% of the market in 2019. North America was the second largest region accounting for 26% of the global refrigerated warehousing and storage market. Africa was the smallest region in the global refrigerated warehousing and storage market.

Energy-efficient practices are becoming a major trend in refrigerated warehousing and storage industry. In North America, companies are using CO2 Cascade Systems, where two refrigerants are used in one refrigeration system, and one refrigerant cools the other refrigerant. The vendors in the industry are choosing various tools and strategies for the efficient use of energy.

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Regional Analysis For Refrigerated Warehousing And Storage Market:

For comprehensive understanding of market dynamics, the global Refrigerated Warehousing And Storage market is analyzed across key geographies namely:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Refrigerated Warehousing And Storage Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020-2023.

Following are major Table of Content of Refrigerated Warehousing And Storage Market:

- Global Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
- Global Market competition by top Players
- Analysis by Regions
- Consumption by Regions
- Consumption, By Types, Revenue and Market share by Types
- Consumption, By Applications, Market share (%) and Growth Rate by Applications
- Complete profiling and analysis of Players
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global Market Effect Factors Analysis
- Global Market Forecast
- Global Market Research Findings and Conclusion, Appendix, methodology and data source

Finally, all aspects of the Global Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects. The report supplies the international economic competition with the assistance of Porter's Five Forces Analysis and SWOT Analysis.

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How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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