Saudi Arabia Cold Storage Market Share | Chiller & Freezer (2018-2024)


Posted May 14, 2019 by nikhil-6wresearch

Saudi Arabia cold storage market size is projected to reach $2,572 million by 2024

 
Market Forecast By Types (Chiller, Freezer and Blast Freezer), By End-User (Fish, Meat & Seafood, Dairy, Pharmaceuticals, Fruits & Vegetables, Processed/Frozen Food, Industrial Chemicals and Others), By Verticals (Government & Transportation, Healthcare & Hospitality, Industry & Manufacturing and Retail & Logistics), By Storage Type (Refrigerated Containers, Refrigerator Ships, Warehousing, Air Cargo, Refrigerated Trucks and Other Storage Type), By Regions (Central, Eastern, Western and Southern) and Competitive Landscape

According to 6Wresearch, Saudi Arabia cold storage market size is projected to reach $2,572 million by 2024. Saudi Arabia market registered a decline in demand during 2014-16 due to deteriorating economic conditions owing to fall in oil prices. However, the market is anticipated to bounce back with recovery of oil prices post 2017. Further, growing concerns over food wastage and increasing population in Saudi Arabia is expected to boost the growth of the cold storage market during the forecast period. Amongst all the verticals, the retail & logistics segment acquired highest revenue share of the market. Additionally, the hospitality & healthcare, along with government & transportation verticals are expected witness highest Saudi Arabia Cold Storage Market forecast revenues over the coming years

In Saudi Arabia, the Central region held majority of the Saudi Arabia cold storage market share in terms of revenue on the back of increasing infrastructure development activities, especially in the industrial & manufacturing verticals. The Central region is expected to maintain its market share during the forecast period as well.

The Saudi Arabia cold storage market report thoroughly covers the market by cold storage types, technology, verticals, end-user and regions. The Saudi Arabia cold storage market outlook report provides an unbiased and detailed analysis of the Saudi Arabia cold storage market trends, opportunities/high growth areas and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Download sample page @ https://www.6wresearch.com/market-reports/saudi-arabia-cold-storage-market-2018-2024-ksa-forecast-by-types-chiller-freezer-end-user-verticals-storage-type-regions-competitive-landscape.html

Press Release @ https://www.6wresearch.com/press-releases/saudi-arabia-cold-storage-market-share-forecasts-size-growth-opportunity-shipments-cagr-players-trends-news-company-profile.html

Key Highlights of the Report:
Cold Storage Market Share
Cold Storage Chiller
Freezer Cold Storage

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Last Updated May 14, 2019