Lucintel Forecasts Cold Storage Construction Market To Grow At A Cagr Of 13%-15%

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According to the recent study the cold storage construction market is projected to grow at a CAGR of 13%-15% from 2020 to 2025. Growth in this market is primarily driven by growth in the international trade of perishable & processed foods, growing consumer demand for temperature controlled items, and government support for development of cold stores.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in cold storage construction market by type (production stores, bulk stores, and ports), application (food & beverages, medical products, and chemicals), and region (North America, Europe, Asia Pacific, and Rest of the World).
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“Production stores market is expected to remain the largest segment during the forecast period.”
Based on type, the cold storage construction market is segmented into production stores, bulk stores, and ports. Lucintel forecasts that the production stores ...
... is expected to witness the largest segment over the forecast period as there is a need for food protection throughout the production process, including raw materials and semi-finished and finished products in cold stores.
“Within the cold storage construction market, the food & beverages segment is expected to remain the largest application”
Based on application, the food & beverages segment is expected to witness the largest application over the forecast period due to economic growth and urbanization, along with sophisticated marketing channels which have led to significant changes in usage patterns.
“Asia Pacific will dominate the cold storage construction market in near future”
Asia Pacific it is also expected to witness the largest region and it is also expected to witness the highest growth over the forecast period due to the increasing awareness of the prevention of food wastage, growth in the organized retail sector, rising consumer demand for perishable goods, and increasing government support & initiatives in cold storage construction.
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Major players of cold storage construction market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. AmeriCold Logistics, Preferred Freezer Services, Burris Logistics, Lineage Logistics, and Nichirei Logistics are among the major cold storage construction providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/cold-storage-construction-market.aspx or helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
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