With the emergence and long-term Impact of COVID-19, Global Refrigerated Warehousing Market to reach USD 333.04 Billion by 2029.
Bizwit Research & Consulting LLP’s Recent Analysis on Global Refrigerated Warehousing Market is poised to raise up to USD 333.04 Billion by 2029. Refrigerated warehousing also referred to as cold storage, refers to a system that is utilized to store goods that must be kept at the optimal temperature to retain their freshness. A refrigeration system that is used in a refrigerated warehouse helps to keep the environment and temperature appropriate for each item being stored. In addition, the compressor, condenser receiver, expansion valve, evaporator, and blowers are among the core components of a cold storage room or refrigerated warehouse.
Furthermore, in addition to food, refrigerated storage is needed for items like blood samples, camera film, beverages, and more. The key factors driving the market growth are rising consumer demand for frozen food products, government support for infrastructural development in the refrigerated warehousing industry, and development of strong retail channels. Thus, driving the market growth during forecast period. However, the lack of infrastructural support in emerging markets & skilled resources stifles market growth throughout the forecast period of 2022-2029.
Geographically, the global Refrigerated Warehousing market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). Asia Pacific dominated the space in terms of revenue, owing to the growing urbanization and the expansion of retail channels. Europe is expected to grow significantly during the forecast period, owing to factors such as rising demand for frozen food, government initiative and investment would create lucrative growth prospects for the Refrigerated Warehousing market across European region.
The global Refrigerated Warehousing market is highly competitive owing to the presence of several key manufacturers such as AmeriCold Logistics LLC, Lineage Logistics Holding, LLC, XPO Logistics, Inc., AGRO Merchants Group, LLC, NewCold Advanced Cold Logistics, Nichirei Logistics Group Inc., and others.
For further analysis on this or to request a sample copy of this report, please click the link mentioned below:
Key findings of the study suggest:
- Global Refrigerated Warehousing Market is anticipated to grow with a healthy growth rate of more than 12.5% over the forecast period 2022-2029.
- In the Ownership segment, Private and Semi-private emerged out as the leading market segment in 2021.
- In the Temperature segment, Frozen emerged out as the leading market segment in 2021.
- Asia Pacific is anticipated to drive regional growth Owing to owing to the growing urbanization and the expansion of retail channels.
- Europe is expected to grow at higher rate followed by North America during 2022-2029.
Bizwit Research & Consulting has considered following segments for the study:
Ownership:
- Public
- Private and Semi-private
Temperature:
- Chilled
- Frozen
Application:
- Bakery & Confectionery
- Dairy & Frozen Desserts
- Meat & Sea Food
- Drugs & Pharmaceuticals
- Fruits & Vegetables
- Others
Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Korea
- Australia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
To get a sample of this report or to purchase a copy of the study, you can directly contact us at: sales@bizwitresearch.com
About Us
Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. The company has a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. Bizwit incorporate big data, expert analysis, and huge industry database to deliver client focused business consulting reports. Our analysts perform unbiased measurement and assessment of market opportunities to comprehend detailed market forecast. Our team of key opinion leaders evaluates the market size, growth prospects, end-use, applications, value & supply chain and top vendors in the industry to help the clients to take conversant business decisions without any vague assumptions.
Contact US
Global Business Development
Phone : +1 209 498-3066
Email: Sales@bizwitresearch.com
Website: www.bizwitresearch.com
