According to a new market report published by Lucintel, the future of the cold storage construction market looks promising with opportunities in the food & beverages, medical products, and chemicals storage. The global cold storage construction market is expected to grow with a CAGR of 14% from 2020 to 2025. The major drivers for this market are the growth in the international trade of perishable & processed foods, growing consumer demand for temperature controlled items, and government support for development of cold stores.
To download report brochure, please go to https://www.lucintel.com/cold-storage-construction-market.aspx and click "download brochure" tab from the menu
Cold storage construction are specialized storage facilities which maintain lower temperatures for preserving items for longer time. In this market, production stores, bulk stores, and ports are the major types of cold storage construction. Lucintel forecasts that production stores will remain the largest segment over the forecast period as there is need of food protection throughout the production process including raw material, semi-finished, and finished products in cold stores.
Within this market, food & beverages will remain the largest segment by application over the forecast period due to economic growth and urbanization, along with sophisticated marketing channels which have led to significant changes in usage patterns.
Asia-Pacific will remain the largest region and it is also expected to witness the highest growth over the forecast period due to the increasing awareness about the prevention of food wastage, growth in the organized retail sector, rising consumer demand for perishable goods, and increasing government support & initiatives in cold storage construction.
AmeriCold Logistics, Preferred Freezer Services, Burris Logistics, Lineage Logistics, and Nichirei Logistics are among the major suppliers in the global cold storage construction market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global cold storage construction market by type, application, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Cold Storage Construction Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global cold storage construction market by type, application, and region as follows:
By Type [Value ($ Million) shipment analysis for 2014 – 2025]:
Production Stores
Bulk Stores
Ports
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Food & Beverages
Medical Products
Chemicals
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
A more than 150 pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision makers in a variety of industries. For further information, visit www.lucintel.com.