Lucintel anticipates that Asia Pacific will be the fastest growing region in the refrigerated warehousing market

   October 31, 2019
According to a market report by Lucintel, the future of the refrigerated warehousing market looks promising with opportunities in the fruit and vegetable, bakery, dairy products, meat, beverage, and pharmaceutical applications. The refrigerated warehousing market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are increasing food and beverage industry, demand of perishable foods, requirement of food safety and taste consistency, and development of strong retail channels.

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In this market, blast freezing, vapor compression, PLC, and evaporating cooling refrigerated warehouse used for optimum administration of cold chain in storing and transporting food and beverage, and pharmaceutical products. Blast freezing is expected to witness the largest segment over the forecast period.

Asia Pacific will remain the largest market over the forecast period due to rapid urbanization, growing end use industry, and the expansion of retail channels.

Americold Logistics, Lineage Logistics, Preferred Freezer Services, John Swire, Agro Merchants, Nichirei Logistics, Kloosterboer Services, Interstate Cold Storage, Cloverleaf Cold Storage, and Burris Logistics are among the major manufacturers of refrigerated warehousing.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the refrigerated warehousing market by technology, application, temperature, and region. Lucintel has prepared a comprehensive research report titled "Refrigerated Warehousing Market 2019-2024: 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 a forecast for the refrigerated warehousing market by technology, application, temperature, and region as follows:

By Technology [$M shipment analysis for 2013 – 2024]:

  • Blast Freezing

  • Vapor Compression

  • PLC

  • Evaporative Cooling

By Application [$M shipment analysis for 2013 – 2024]:

  • Fruits and Vegetables

  • Bakery and Confectionery

  • Milk and Dairy Products

  • Meat

  • Seafood

  • Beverages

By Temperature [$M shipment analysis for 2013 – 2024]:

  • Chilled

  • Frozen

By Region [$M shipment analysis for 2013 – 2024]:

  • North America

    • United States

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • Italy

  • Asia Pacific

    • China

    • Japan

    • India

  • Rest of the World

This 150-page 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 click on this link or

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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

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