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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