The market report by GMI Research offers a comprehensive breakdown of industry status and outlook of major regions based on key players and market segments. This report focuses on the market on a global basis, especially in the Asia-Pacific, North America, Europe, and the Rest of the World. The market report also studies the worldwide market competition landscape, market drivers, and trends, opportunities and challenges, risks and barriers, and other aspects of the market.

Cold Storage Market Summary:

The global cold storage market is predicted to experience strong demand in the coming years. This is mainly due to the accelerating demand for cold storage across numerous countries due to the increasing international trade and the growing number of multinational companies in the retail sector. Moreover, various R&D activities and technological advancements in cold storage, such as adding solar technology to the refrigeration units has led to the development of efficient cold-storage solutions, which is another factor that is responsible for the growth of the cold storage market share in terms of revenue.

The strong demand for frozen or processed food among the consumers due to the hectic lifestyle and increasing spending on shelf-stable foods are further surging the demand of the market. Furthermore, the accelerating demand for organized retail and the rising preservation of convenience food products due to modernization is encouraging the end-users to opt for these systems. The COVID-19 pandemic is having a positive impact on the demand for cold storage systems and solutions, particularly in 2020. With the growing focus on staying at home, the e-commerce industry is becoming popular, and more customers are shifting towards online grocery shopping. This factor will motivate the local grocery stores and other retailer stores, connected to e-commerce, to improve their storage and fulfillment spaces, thus bringing an upsurge in demand for cold storage systems. On the other hand, the lack of infrastructure required to withstand the cold chain supplies is likely to hamper the market growth.

List of The Top Key Players in The Cold Storage Market:

AmeriCold Logistics LLC
Burris Logistics
AGRO Merchants Group
Gulf Drug LLC
Kloosterboer
Henningsen Cold Storage Co.
Nordic Logistics
Lineage Logistics Holding, LLC
Oxford Logistics Group
Scope of The Cold Storage Market:

The Cold Storage Market is segmented by Type, Application, Verticals, Storage Type, and Region. The detailed segments and sub-segments of the market are explained below:

Segment by Type:

Freezer
Chiller
Blast Freezer
Segment by Application:

Meat & Seafood
Fish
Pharmaceuticals
Dairy
Processed/Frozen Food
Fruits & Vegetables
Industrial Chemicals
Others
Segment by Verticals:

Healthcare & Hospitality
Government & Transportation
Retail & Logistics
Industry & Manufacturing
Segment by Storage Type:

Refrigerator Ships
Refrigerated Containers
Air Cargo
Warehousing
Refrigerated Trucks
Other Storage Type
Segment by Region:

North America
o United States of America

o Canada

Asia Pacific
o China

o Japan

o India

o Rest of APAC

Europe
o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

RoW
o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

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