Global Cold storage Market to reach USD 260.07 billion by 2027.
Global Cold storage Market is valued approximately USD 107.18billion in 2020 and is anticipated to grow with a healthy growth rate of more than 13.5% over the forecast period 2021-2027. Cold storage is a storage storing goods in an environment below the outdoor temperature for preservation. Low-carbon design, environmental auditing, crafty construction of cold storage, and increasing IT spending in cold storage logistics are factors contributing to the growth of the market. For instance: as per the Statista in 2018, spending on cold chain logistics, transport and packaging in North America amounted to 3.7 billion U.S. dollars. However, high initial investment and lack of infrastructure impedes the growth of the market over the forecast period of 2021-2027. Also, with the expansion of food retail chains, will provide new opportunities for the market growth over the forecast period.

The global Cold storage market is considered for the regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is a significant region across the world in terms of market share owing to adoption of technological advancement, adoption of agricultural farming and presence of food warehousing facilities. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as rising need of high yield of crop and need to preserve them for longer time create growth prospects for the Cold storage market across Asia-Pacific region.

Major market player included in this report are:
Lineage Logistics
Americold Logistics, LLC
Al Rai Logistica K.S.C
Agro Merchants Group
Burris Logistics
Barloworld Limited
Cloverleaf Cold Storage
Gulf Drug LLC
Henningsen Cold Storage Company
Kloosterboer

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Construction Type:
Bulk storage
Production stores
Ports
By Application:
Fruits & vegetables
Dairy
Fish, meat & seafood
Processed food
Pharmaceuticals

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Cold storage Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors