Market overview:

US Cold storage Market has been valued $ 15.26 billion in the year 2019 and it is estimated to reach $19.69 billion by the year 2026, with a CAGR of 3.7% from 2021 to 2026. US Cold storage is mostly provides the logistics services. The Company mainly offers the transportation management, and air shipment, and also handling, cold storage, and order assembly services. United States Cold Storage serves customers in the United States. Cold storage is most commonly known as food in a cold place for preservation, these are the main factors that have considerably increased the demand for the US Cold storage in the market, thereby driving the growth of the US Cold storage market in the upcoming years.

Market Drivers and Restraints:

The main factors that have considerably increased the demand for the US Cold storage in the market is mainly due to the new technological advancements in the packaging, and also in the processing, and storage of the perishable food products and the temperature-sensitive items , rise in the demand for the connected trucks, and for the high-cube refrigerated trailers, and vehicles that mostly facilitate across the product transportation is likely to rise the demand for cold storage transportation services. Rise in the health consciousness among the most consumers has inspired the healthier eating habits and also resulted in increase in the demand for the quality product manufacturing, these are the main factors that have considerably increased the demand for the US Cold storage in the market, thereby driving the growth of the US Cold storage market in the upcoming years.

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https://www.marketdataforecast.com/market-reports/us-cold-storage-market

Report is segmented as:

US Cold storage Market is segmented on the basis of by temperature type, on the basis of by application, on the basis of by warehouse:
US Cold storage Market is segmented on the basis of by temperature type into Chilled, Frozen
US Cold storage Market is segmented on the basis of by application into Fruits & vegetables, Dairy, Fish, meat & seafood & Pharmaceuticals
US Cold storage Market is segmented on the basis of by warehouse type into Private & semi-private
Geographical Segmentation:

US Cold storage Market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa and rest of world. North Carolina and South Carolina has the dominant share in the US Cold storage is due to the new developments in the transportation facilities, technological advancements, and also rise in the adoption of the frozen foods have proliferated demand for refrigeration and storage, leading to market growth.

Impact of COVID-19 on Market

The COVID-19 pandemic has slightly impacted the supply-chain of Cold storage, Covied -19 pandemic has affected almost every industry, and the long-term effects are projected to impact growth of Cold storage during the forecast period. Covid-19 pandemic has impacted huge on the sales revenue of Cold storage market, Due to the government restrictions like lockdown in many countries has stopped the production of products by the manufacturing companies. Companies have started opening their manufacturing units after taking all the necessary preventive measures. In recent days relaxation in restrictions by the government and people are getting vaccinated to stop the spread of corona virus.

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