How Is The Refrigerated Warehousing And Storage Market Segmented?
The refrigerated warehousing and storage market covered in this report is segmented –
1) By Type: Cold Storage, Frozen Storage
2) By Ownership: Private Warehouses, Public Warehouses, Bonded Warehouses
3) By Application: Fruits and Vegetables, Bakery and Confectionery, Milk and Dairy Products, Meat, Seafood, Beverages, Other Applications
Subsegments:
1) By Cold Storage: Refrigerated Containers, Blast Chillers, Bulk Cold Rooms
2) By Frozen Storage: Deep Freezers, Walk-in Freezers, Freezer Warehousing Facilities
What Is Driving The Refrigerated Warehousing And Storage Market? Integration Of Mobile Technologies In Warehouse Operations
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 glasses is being integrated with warehouse management systems to improve hands-free mobility for workers. According to a report by MHI, a material handling, logistics, and supply chain association, 22% of the respondents use mobile technologies in warehouses, and the adoption rate is expected to reach 45% in the next two years.
What Is Driving The Refrigerated Warehousing And Storage Market? Driving Growth Of Refrigerated Warehousing And Storage Market
The growth of refrigerated warehouses is expected to propel the growth of the refrigerated warehousing and storage market. A refrigerated warehouse refers to a building or facility that uses mechanical refrigeration to maintain a specific temperature range for storing goods. Refrigerated warehouses are used in refrigerated warehousing and storage to provide a controlled temperature environment for storing temperature-sensitive products. For instance, in January 2022, according to the United States Department of Agriculture, a US-based federal executive department, the gross refrigerated storage capacity in the US was 3.73 cubic feet, and the total number of refrigerated warehouses was 904. Therefore, the growth of refrigerated warehouses drives the growth of the refrigerated warehousing and storage market.
Who Are The Major Players In The Global Refrigerated Warehousing And Storage Market?
Major companies operating in the refrigerated warehousing and storage market include AmeriCold Logistics, 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., Snowman Logistics Ltd., Lineage Logistics, Americold Reality Trust Inc., United States Cold Storage Inc., NewCold Cooperatief U.A., Nichirei Logistics Group Inc., Emergent Cold LatAm Management LLC, Interstate Warehousing Inc., Frialsa Frigorificos S.A. De C.V., Constellation Cold Logistics, Superfrio Logistica Frigorificada, FreezPak Logistics, Conestoga Cold Storage Limited, Congebec Logistics Inc., METCOLD Supply Network Management Limited, RLS Logistics, Friozem Armazens Frigorificos Ltda., Magnavale Ltd., Confederation Freezers, Trenton Cold Storage Inc., Nor-Am Cold Storage, Burris Logistics, Agri-Norcold A/S, Vertical Cold Storage, ColdPoint Logistics, Hanson Logistics Ltd., Cloverleaf Cold Storage Co., Henningsen Cold Storage Co., Gruppo Marconi Logistica Integrata, Zero Mountain Inc.
What Are The Key Trends Of The Global Refrigerated Warehousing And Storage Market? Innovations In Specialized Freight Trucking And Warehouse Facilities
Major companies operating in the refrigerated warehousing and storage market are developing innovative warehouse facilities to provide reliable services to customers. An innovative warehouse facility refers to a modern and technologically advanced storage space designed to optimize storage, retrieval, and management processes. For instance, in October 2022, FlexCold, a US-based provider of revolutionizing cold storage warehousing, launched a warehousing facility to modernize and revolutionize cold storage and food logistics warehousing. It is designed with two adaptable rooms that may be used for frozen or chilled goods: a freezer room where temperatures are kept below zero and a blast freezer room where goods like poultry can be frozen to absolute zero in less than 36 hours. It provides direct ocean connections to 140 ports in 70 countries and accessibility to more than 98 million consumers within a day's drive.
What Is The Regional Outlook For The Global Refrigerated Warehousing And Storage Market?
Asia-Pacific was the largest region in the refrigerated warehousing and storage market in 2024. North America was the second largest region in the refrigerated warehousing and storage market. 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.
The countries covered in the refrigerated warehousing and storage market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa
What Defines the Refrigerated Warehousing And Storage Market?
The refrigerated warehouse and storage market includes revenue earned by entities by providing refrigeration services to keep produce (often food) at an ideal temperature, prevent rotting, extend its life span, and minimize microbial contamination growth. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
How is Market Value Defined and Measured?
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
What is the Market Assessment and Strategic Outlook for the Refrigerated Warehousing And Storage Industry?
The refrigerated warehousing and storage market research report is one of a series of new reports from The Business Research Company that provides refrigerated warehousing and storage market statistics, including refrigerated warehousing and storage industry global market size, regional shares, competitors with a refrigerated warehousing and storage market share, detailed refrigerated warehousing and storage market segments, market trends and opportunities, and any further data you may need to thrive in the refrigerated warehousing and storage industry. This refrigerated warehousing and storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
