Cold Storage Construction Market Scope
The cold storage construction is a technique that used for the preservation of the perishable products and making it durable for a longer time. It consist of several system such as civil construction, Thermal Insulation, Refrigeration System and Electrical system. Further, increasing demand from the developing countries owing to growth in the Small cold stores, Frozen Cold Store leads to increasing application of cold storage construction as controlling temperature and humidity expected to drive the demand for cold storage construction over the forecasted period. The major companies are adding more proven technologies systematically and strategically in Asia-Pacific countries as these countries are focused on fastest-growing verticals in storing preservatives items.
According to AMA, the Global Cold Storage Construction market is expected to see growth rate of 13.8%
AmeriCold Logistics (United States), Proffered Freezer Services (United States), Burris Logistics (United States), Lineage Logistics Holding LLC (United States), Nichirei Logistics Group, Inc. (Japan), Barloworld Limited (South Africa), VersaCold Logistics Services (Canada), Cloverleaf Cold Storage (United States), Henningsen Cold Storage (United States), Am kings (India), Preferred Freezer Service (United States) and Swire Cold Storage Ltd (Australia) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are AB &R (United States), Tippman Group (United States) and Hansen Cold Storage Construction (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Cold Storage Construction market by Type (Production Stores, Bulk Stores, Ports and Others), by Application (Fruits & Vegetables, Dairy, Fish, Meat & Seafood, Processed Food and Pharmaceuticals) and Region with country level break-up.
On the basis of geography, the market of Cold Storage Construction has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In June 2018, Lineage Logistics, LLC acquired Service Cold Storage. This acquisition is beneficial in providing strategic market in South East region by expanding its product portfolio.
“According to Environmental Protection Agency, its more concern about global warming potential of refrigerants used in cooling systems. It also phase them out in favour of natural refrigerants that have less environmental impact. ”
- Collaboration and Tie Up Of Leading Players
- Increase in demand of cold storage in retail sectors
- Increase in International Trades of Temperature-Controlled Items.
- Rise in Demand of Packaged Foods by Consumers.
- Government Initiatives to Reduce the Post-Harvest Loss and Processed Food Wastage.
- Technological Advancements in the Field Of Cold Storage Construction Market.
- High Infrastructure & Maintenance Cost Associated With Cold Storage Construction.
- Government Restriction Against Gases Used In Cold Stores.
- Lack of Skilled Resources for the Cold Storage Construction.
Key Target AudienceCold Storage Construction Manufacturers, Cold Storage Construction Traders, End-Use Market Participants of Different Segments of Cold Storage Construction, Government and Research Organizations, R&D Institutions and Others