The Business Research Company’s Cold Storage Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Cold Storage Global Market Report 2023 evaluates cold storage market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global cold storage market is poised for substantial expansion, with an estimated growth rate of 8.4%, projecting the market to reach $46,059.1 million by 2026. Furthermore, this growth trajectory is expected to continue, demonstrating a robust CAGR of 7.6% from 2026 onwards. By 2031, the market is anticipated to have expanded significantly, reaching an impressive valuation of $66,317.5 million. This growth can be attributed to various factors, including the evolving demands of the food and pharmaceutical industries, globalization, and the need for efficient storage and logistics solutions in a rapidly changing world. As such, the cold storage market is witnessing increasing importance in supporting various supply chains and ensuring the preservation of perishable goods and sensitive products.
Robotics technology will undoubtedly play a pivotal role in shaping the future of cold storage and warehousing, with a clear trajectory of innovation well into 2022 and beyond. As part of the broader landscape of warehouse automation, the robotics industry is poised for significant growth, with a projected compound annual growth rate (CAGR) of 10% through 2028. This trend is expected to drive the industry’s value to over $70.6 billion. Robots are set to revolutionize the way goods are managed, facilitating seamless transfers from the warehouse to the shipping zone. Their contributions to the sector include heightened efficiency, accelerated processing speed, unwavering reliability, and unparalleled accuracy.
One illustrative example of this transformative trend can be observed in the activities of Godrej Körber, a dynamic joint venture between Godrej & Boyce and Körber Supply Chain, a leading German entity in the domain. This venture is at the forefront of a significant warehouse automation overhaul in the Indian Cold Chain sector. Through innovative and differentiated automation solutions, Godrej Körber is paving the way for advanced high-density AS/RS (Automated Storage/Retrieval Systems) systems. These systems are set to play a crucial role in enhancing storage capabilities, making the most of available space while maintaining temperature control. As a result, the company aims to achieve a remarkable 20% contribution to revenue from India’s cold storage and chain sector in the fiscal year 2023. The continued integration of robotics technology represents a clear commitment to modernization and efficiency in the cold storage industry, addressing the evolving demands of the supply chain.
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The cold storage market segments in the report are:
1) By Type: Private And Semi-Private, Public
2) By Construction: Bulk Storage, Production Stores, Ports
3) By Temperature: Frozen, Chilled
4) By Application: Fruits And Vegetables, Dairy, Fish, Meat And Seafood, Processed Food, Pharmaceuticals, Other Applications
Top 5 Major Key Players Are:
Americold Logistics LLC
Burris Logistics
Nichirei Corporation
United States Cold Storage
Toyo Suisan Kaisha, Ltd.
Table Of Contents
1. Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
…..
18. Competitive Landscape And Company Profiles
19. Key Mergers And Acquisitions
20. Market Opportunities And Strategies
21. Cold Storage Market, Conclusions And Recommendations
22. Appendix
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