The global refrigerated warehousing and storage market size is expected to grow from $140.77 billion in 2021 to $155.56 billion in 2022 at a compound annual growth rate (CAGR) of 10.5%. The refrigerated warehousing and storage market is expected to grow to $222.27 billion in 2026 at a CAGR of 9.3%.
What is the Global Refrigerated Warehousing And Storage Market?
The refrigerated warehousing and storage market consists of sales of refrigerated warehousing and storage services and related goods by entities (organizations, sole traders, and partnerships) that operate refrigerated warehousing and storage facilities. Establishments in the refrigerated warehousing and storage industry provide services such as blast freezing, tempering, and modified atmosphere storage services.
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What drives the Global Refrigerated Warehousing And Storage Market?
Warehouses are increasingly using mobile technologies to efficiently monitor warehouse operations. Mobile technology includes the use of tablets, smartphones, mobile printers, and other handheld devices for communication and information. These devices make use of GPS, RFID, VoIP, digital imaging, and voice technology. Technicians operating forklifts and automated material handling equipment in a warehouse are using mobile technologies to obtain information on troubleshooting, repairs, and work orders. This gives warehouse managers access to equipment status and performance reports and enables them to track warehouse operations around the clock. Wearable technology such as smart glass is being integrated with warehouse management systems to improve hands-free mobility for workers.
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Global Refrigerated Warehousing And Storage Market Segments
The global refrigerated warehousing and storage market is segmented:
By Type: Cold Storage, Frozen Storage
By Ownership: Private Warehouses, Public Warehouses, Bonded Warehouses
By Application: Fruits and Vegetables, Bakery and Confectionery, Milk and Dairy Products, Meat, Seafood, Beverages, Others
By Geography: The regions covered in the refrigerated warehousing and storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Refrigerated Warehousing And Storage Global Market Report 2022provides market size and growth forecasts for the global refrigerated warehousing and storage market, global refrigerated warehousing and storage market share, refrigerated warehousing and storage market segments and geographies, refrigerated warehousing and storage market competitive landscape including leading competitors’ revenues, profiles and market shares. The refrigerated warehousing and storage market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Refrigerated Warehousing And Storage Industry Playersinclude AmeriCold Logistics/Americold Realty Trust and Subsidiaries, Nichirei Corporation, Lineage Logistics Holdings LLC, Henningsen Cold Storage Co, Burris Logistics, Toyo Suisan Kaisha Ltd., Agro Merchants North America Holdings LLC, Nippon Suisan Kaisha Ltd., and Snowman Logistics Ltd. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
