Cold Storage Market worth $341.29 billion by 2030, growing at a CAGR of 14.71% - Exclusive Report by 360iResearch

The "Cold Storage Market by Temperature Range (Frozen storage, Refrigerated storage, Ultra-low Temperature Storage), Storage Facility Type (Blast Freezers, Cold Rooms, Refrigerated Containers), Technology, Application, Ownership Model - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Cold Storage Market to grow from USD 130.51 billion in 2023 to USD 341.29 billion by 2030, at a CAGR of 14.71%.

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Cold storage refers to preserving perishable goods or commodities in an artificial cooling environment to maintain their quality, extend their shelf life, and minimize the risk of spoilage. This storage method is essential across various sectors, including food and beverages, pharmaceuticals, and agricultural products, where specific temperature control is critical for preserving the integrity and safety of the products. Cold storage facilities are equipped with refrigeration units that maintain a constant low temperature, which can vary depending on the particular requirements of the stored goods. Cold storage is critical in the global supply chain by effectively managing the temperature and humidity levels, ensuring that products reach consumers in optimal condition. The increasing demand for perishable goods, expansion of retail chains, and the need for pharmaceutical storage solutions drive the market growth. However, high initial setup and operational costs are associated with maintaining temperature-controlled environments, with the environmental impact of refrigerants posing sustainability and regulatory challenges, hindering market growth. Nevertheless, adopting green and sustainable practices in cold storage facilities coupled with technological advancements such as automation, energy-efficient systems, and IoT-enabled monitoring systems is anticipated to create lucrative opportunities for cold storage market growth.

The Americas showcase robust growth in the cold storage sector, driven by a high demand for frozen and perishable foods. In American countries, e-commerce and the demand for convenience foods are pivotal growth drivers, with significant investments in technology-enhanced warehouses indicating a trend toward automation and efficiency. Furthermore, certain American countries emphasize seafood and meat exports, underscoring the importance of innovative cold chain solutions to maintain product integrity during transportation. EU countries are witnessing a dynamic shift towards sustainability and energy-efficient cold storage facilities. The stringent regulations surrounding food safety and waste reduction amplify the need for state-of-the-art cold storage solutions. Investment in renewable energy sources and advanced insulating materials is prominent, aiming to reduce the carbon footprint of cold storage operations. On the other hand, the Middle East and Africa are experiencing growing demand for cold storage facilities due to rising consumer awareness about food quality and waste. Strategic investments and government initiatives aim to enhance infrastructure and adopt renewable energy sources in cold storage operations. Asia-Pacific region is experiencing growth in the cold storage market, fueled by a burgeoning middle class and increasing disposable incomes. The shift towards protein-rich diets and the rising demand for frozen foods are significant growth drivers. Countries with massive e-commerce sectors are at the forefront of incorporating AI and IoT technologies for smarter cold chain logistics. Furthermore, expanding retail chains and the increasing demand for processed foods demand scalable cold storage solutions in the Asia-Pacific region.

Market Segmentation & Coverage:

This research report categorizes the Cold Storage Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Temperature Range, market is studied across Frozen storage, Refrigerated storage, and Ultra-low Temperature Storage. The Ultra-low Temperature Storage is projected to witness significant market share during forecast period.

Based on Storage Facility Type, market is studied across Blast Freezers, Cold Rooms, Refrigerated Containers, and Warehouses. The Cold Rooms is projected to witness significant market share during forecast period.

Based on Technology, market is studied across Cryogenic Systems, Evaporative Cooling, Mechanical Refrigeration, and Thermal Energy Storage. The Thermal Energy Storage is projected to witness significant market share during forecast period.

Based on Application, market is studied across Dairy, Fish, Meat & Seafood, Fruits & Vegetables, Pharmaceuticals, and Processed Food. The Pharmaceuticals is projected to witness significant market share during forecast period.

Based on Ownership Model, market is studied across Owned Facilities, Private Refrigerated Warehouses, Public Refrigerated Warehouses, and Third-Party Logistics Providers. The Owned Facilities is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.99% in 2023, followed by Europe, Middle East & Africa.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Cold Storage Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Cold Storage Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Cold Storage Market, highlighting leading vendors and their innovative profiles. These include Americold Logistics LLC, Burris Logistics, Cantek Group, Cold Store Group, Congebec Logistics Inc., Falcon Refrigeration Industry, Gulf Drug LLC, Holt Logistics Corp., John Swire & Sons Limited, Kloosterboer, Lineage Logistics Holding, LLC by Bay Grove Capital, LLC, NewCold Coöperatief UA, Nichirei Corporation, Nordic Cold Storage, Oxford Logistics Group, RSA Logistics, Snowman Logistics Limited, Stellar, The United States Cold Storage, Inc. by John Swire & Sons Ltd., Thermo Fisher Scientific Inc., Tippmann Group, VersaCold Logistics Services, Wabash National Corporation, and Wared Logistics.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Cold Storage Market, by Temperature Range
7. Cold Storage Market, by Storage Facility Type
8. Cold Storage Market, by Technology
9. Cold Storage Market, by Application
10. Cold Storage Market, by Ownership Model
11. Americas Cold Storage Market
12. Asia-Pacific Cold Storage Market
13. Europe, Middle East & Africa Cold Storage Market
14. Competitive Landscape
15. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Cold Storage Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Cold Storage Market?
3. What is the competitive strategic window for opportunities in the Cold Storage Market?
4. What are the technology trends and regulatory frameworks in the Cold Storage Market?
5. What is the market share of the leading vendors in the Cold Storage Market?
6. What modes and strategic moves are considered suitable for entering the Cold Storage Market?

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