The market for building cold storage facilities is expected to grow from its estimated value of US$ 13.4 billion in 2023 to US$ 49.6 billion by 2033. The next ten years are expected to see a sharp rise in the demand for cold storage construction services, with a CAGR of 14%.
Cold storage facilities control low temperatures to preserve perishable goods’ freshness and guarantee constant quality over the course of their useful lives. When storing or transporting temperature-sensitive commodities, they are also vital to the management of the supply chain.
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The readability score of the Cold Storage Construction Market Demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Cold Storage Construction market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Cold Storage Construction along with key stakeholders as well as emerging players associated with the manufacturing of product.
Competitive Landscape:
To meet user demand, key players in the cold storage construction market are concentrating on regional expansion. The leading companies in the cold storage construction market are aiming to acquire customers in emerging economies to increase their consumer base.
- The introduction of a new service at AGRO Merchants Group’s California operations was announced in March 2020. AGRO Merchants Group is a world leader in cold storage and logistics solutions. To provide value and aid in supply chain integration, AGRO provides port drayage services to its clients.
- Americold Logistics LLC acquired Hall’s Warehouse Corp to increase its warehouse facilities in New Jersey by using this expansion strategy.
- Vertical Cold Storage introduced a customer-centric business strategy in May 2021 to boost productivity and reduce waste. Along with partners, Vertical Cold Storage is developing the first cold warehouses in Nebraska and Kansas.
Key Segments of Cold Storage Construction Industry Research:
· By Type :
- Production Stores
- Bulk Stores
- Ports
· By Warehouse :
- Private & Semi-private Warehouses
- Public Warehouses
· By Application :
- Food & Beverages
- Pharma & Healthcare
- Chemicals
· By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
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Questionnaire answered in the Market outlook Report of Cold Storage Construction include:
- What is the key strategy deployed by large players to maximize Cold Storage Construction Market growth?
- What are the main challenges faced by players in the Cold Storage Construction market Demand?
- With the advent of technological advancement, how will the Cold Storage Construction market landscape change over the forecast period?
- What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Cold Storage Construction market size?
How will be insights and market estimations provided in the Fact.MR report on the Demand of Cold Storage Construction make a difference?
- The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
- The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
- The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
- Provides scrutiny of the industry trends that have shaped recent government policies
- Provides an account of major breakthroughs in all segments that might change the course of the market considerably
- Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Cold Storage Construction Market
- Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
- Evaluates the role of various stages of funding on new growth avenues in key regional markets
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