The Global Cold Storage Market expansion is attributed to crucial factors that include heightened awareness geared towards curbing food wastage, an uptick in frozen food consumption, and the strict adherence to regulations overseeing the storage and transport of commodities.
Technology as a growth booster
As per the report, emergence of fuel cell-based forklifts within refrigerated warehousing and the integration of automated storage or retrieval systems (AS or RS) alongside the Internet of Things (IoT) within cold chain logistics are the key elements propelling market expansion.
Market segmentation
The report has categorised the Global Cold Storage Market into different segments including: Meat and Seafood; Fruits and Vegetables; Bakery and Confectionery; Dairy and Frozen Products and Other Applications.
Major players in the industry
As per the researchers, the list of key players in the market includes: Americold Realty Trust Inc.; Beijing Howcool Refrigeration Technology Co. Ltd.; Burris Logistics Co.; Changzhou Yuyan Refrigeration Equipment Co. Ltd.; Coldman Logistics Pvt. Ltd.; Commercial Cold Storage Group Ltd.; Congebec Logistics Inc.; Falcon Refrigeration Industry; Holt Logistics Corp.; Indicold Pvt Ltd.; Interstate Cold Storage Inc.; John Swire and Sons Ltd.; Lineage Logistics Holdings LLC; NewCold Cooperatief UA; Nor AM Cold Storage; RSA Global DWC LLC; Snowman Logistics Ltd.; Stellar; VersaCold Logistics Services; and Nichirei Corp.
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