The Refrigerated Warehousing Market is projected to grow at a CAGR of 19.4% during the forecast period. The Refrigerated Warehousing Market is growing and the experts have predicted the future stats of Refrigerated Warehousing. Refrigerated Warehousing Market report contains the top corporate profiles and strategies with industry analysis and trends.
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The complete report of Refrigerated Warehousing Market by Technology (Blast Freezing, Vapor Compression, PLC, Evaporative Cooling), Temperature (Chilled, Frozen), Application (Fruits & Vegetables, Bakery, Dairy, Meat, Seafood, Beverages), and Region - Global Forecast to 2022 is now available on www.rnrmarketresearch.com/refriger…rket-report.html
The refrigerated warehousing market is estimated to be valued at 17.98 billion in 2017 and is projected to grow at a CAGR of 10.2%, to reach USD 29.17 billion by 2022. The market is primarily driven by factors such as the rise in demand for the storage of perishable foods, expansion of retail channels, and growing food safety concerns.
Asia Pacific is projected to be the fastest-growing region due to the rise in disposable incomes in the population in China and Japan. One of the major restraints for the growth of the refrigerated warehousing is high energy consumption and infrastructure costs.
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The manufacturing vertical is expected to witness the highest growth rate during the forecast period, owing to the need of improving the operational process, reducing the cost, and rolling out products in a quick time frame, further eliminating the location barriers. In addition, there is high penetration of advance technologies, such as cloud computing, big data and analytics, mobility, and artificial intelligence, which are transforming the manufacturing vertical.
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Break of primary participants in Refrigerated Warehousing Market was as mentioned below:
By Company Size: Tier 1 = 20 %, Tier 2 = 55%, and Tier 3 = 25%
By Designation Level: C-Level Executives = 50%, Directors= 25%, and Others= 25%
By Region: Americas = 60%, Europe = 25%, APAC = 10%, and RoW = 5%
Major players of Refrigerated Warehousing Market Report are:
The key players operating in the Refrigerated Warehousing market are AmeriCold Logistics (US), Lineage Logistics (US), Preferred Freezer Services (US), John Swire (UK), AGRO Merchants (US), Nichirei Logistics (Japan), Kloosterboer Services (Netherlands), Interstate Cold Storage (US), Cloverleaf Cold Storage (US), Burris Logistics (US), Frialsa Frigoríficos (Mexico), Henningsen Cold Storage (US).
FAQ’s regarding the Refrigerated Warehousing Market Report are:
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Comprehensive information about emerging markets. This report analyzes the market for various Refrigerated Warehousing products across geographies
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Exhaustive information about new products, untapped geographies, recent developments, and investments in the Refrigerated Warehousing market
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The large enterprises segment is expected to hold the largest market share during the forecast period, owing to the need to reduce the high Capital Expenditure (CAPEX) and Operational Expenditure (OPEX). Large enterprises have dedicated in-house IT resources, and with large IT budgets, they can consider a variety of application modernization strategies.
In addition, they have a global presence, high market share, technical expertise, and an effective business strategy.
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