Posts

Showing posts with the label cold storage

Emerging Markets: Unleashing the Growth Potential of Cold Storage

Market Research Future Insights Cold Storage Market  is projected to be worth USD 397.34 Billion by 2030, registering a CAGR of 14% during the forecast period (2022–2030), The market was valued at USD 122.19 billion in 2021. Cold storage is a type of warehouse or storage facility that is specifically designed to store perishable goods at low temperatures. Cold storage facilities are used to preserve a wide range of products, including food, pharmaceuticals, and other temperature-sensitive items. They are typically equipped with refrigeration and temperature control systems to ensure that the stored goods are kept at the appropriate temperature. The COVID-19 pandemic has had a significant impact on the cold storage industry. The increased demand for food and other essential goods during the pandemic has led to a surge in the demand for cold storage facilities. In addition, the pandemic has disrupted global  supply chains  and disrupted the movement of goods, which has put ...

cold storage market size 2022 Strategy, Revenue, Opportunity and Key Trends 2030

  Market Overview The compound rate of  the Cold storage (CS)  market’s value estimates at 14% for the forecasting period 2022–2030. It may reach up to 397.34 USD billion by the period. Analysts have projected rapid growth in the  Cold Storage  market’s share in the future. The rise in demand for perishable food products, processed food, and medical equipment are the key drivers dominating the expansion of the market size and structure. Although, the market has received benefits from the supply of temperature-sensitive products. Though, the trading industry assures of the development in upcoming years. The growing retail sectors and increasing automation in refrigerated warehouses expect a rise in demand shortly. The  cold storage  is built by locking the space and decreasing its temperature simultaneously. It does so by using heat removal equipment of the refrigerator. Meanwhile, keeping food at low temperatures can reduce spoilage, increasing the lif...