Cold storage construction market is anticipated to grow at a CAGR of 10.6% during the forecast period. The rise in trade of perishable products across the globe acts as one of the major factors driving the growth of the cold storage construction market. When utilized to store perishable foods, cold storage has various benefits, such as reducing the rate at which perishable foods deteriorate, regulating temperature, lowering the risk of food poisoning, reducing the hassle of cooking regularly, and enabling longer-term storage of food. Hence, the rise in the number of warehouses globally, coupled with the rapid growth of the transportation and logistics industry, boost the market growth. For instance, in December 2021, the National Highways Authority of India (NHAI) under the public-private partnership (PPP) model, constructed warehousing zones on a revenue-sharing basis or for a fixed fee. The fast-moving consumer goods (FMCG) companies along with steel and cement makers will benefit from the warehousing zones as they will be able to stock inventory efficiently near major hubs. The storage facilities are built on the outskirts of major cities to avoid traffic congestion within city limits.
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The global cold storage construction market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa and Latin America). Among these, the Asia-Pacific region is expected to hold a significant share of the market. Increasing spending on cold storage by regulatory bodies in developing economies such as China, India, and Japan, along with an increase in the manufacturing sector is bolstering the drives the market growth in the Asia-Pacific region.
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Market Coverage
Market number available for – 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others
Market Segmentation
Global Cold Storage Construction Market by Type
Production Stores
Bulk Stores
Ports
Global Cold Storage Construction Market by Application
Food and Beverages
Medical
Chemicals
Others (Industrial)
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Company Profiles
Agro Merchants Group, LLC
Burris Logistics
Dreisbach Enterprises
Emergent Cold LatAm Management LLC
Frialsa Frigoríficos S.A. de C.V.
Gruppo Marconi Logistica E Trasporti Srl
Henningsen Cold Storage Co.
Interstate Cold Storage Inc.
Kloosterboer Group B.V
Lineage Logistics Holdings, LLC
Millard Refrigerated Services, LLC
NewCold
Nordic Logistics and Warehousing, LLC
Preferred Meals
Primus Builders, Inc.
Tippmann Group
United States Cold Storage, Inc.
VersaCold Logistics Services
The Report Covers
Market value data analysis of 2022 and forecast to 2030.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global cold storage construction market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying ‘who-stands-where’ in the market.
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