Global Refrigerated Warehousing Market to Grow at a CAGR of 14.27% During the Period 2016 - 2020; Finds New Report
Market Research Reports, Inc. has announced the addition of “Global Refrigerated Warehousing Market 2016 - 2020” research report to their website www.MarketResearchReports.com
Lewes, DE -- (SBWire) -- 07/15/2016 --Report forecast the global refrigerated warehousing market to grow at a CAGR of 14.27% during the period 2016-2020.
Refrigerated warehouses are an important segment of the supply chain that involves the storage of temperature-sensitive goods. Refrigerated storage helps in the storage of perishable goods during the flow of the cold chain supply. The increase in international trade has increased the need for the storage of food products from the producers to end-users in distant markets.
The market has witnessed an evolutionary change over the last few years. It has shifted from mere storage of food products in cold storage warehouses and their refrigerated transportation to the provision of value-added services to customers. Some of these value-added services include disaster recovery services, specialized services for specific customers, and web interfaces that improve the customer interface with suppliers as they enable them to track shipments throughout the supply chain.
The report covers the present scenario and the growth prospects of the global refrigerated warehousing market for 2016-2020. To calculate the market size, this report considers revenue generated by refrigerated warehousing and storage service providers.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, a key growth driver is the rise in the trade of frozen food and sea food products. The demand for seafood continues to increase globally, and the significant population growth in China, India, and Brazil is an important demand driver in the frozen fish and seafood industry. Increased demand for seafood has led to a rise in its import and exports within countries, which required cold storage and transportation.
Further, the report states that one challenge that could adversely impact market growth is the high real estate and energy consumption costs.
Global Refrigerated Warehousing Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
key players in the global refrigerated warehousing market: AmeriCold Logistics, Lineage Logistics, Preferred Freezer Services, and John Swire & Sons.
Other Prominent Vendors in the market are: A.B. Oxford, Nichirei Logistics Group, Kloosterboer, VersaCold Logistics Services, Partner Logistics, Nordic Logistics and Warehousing, Cloverleaf Cold Storage, Conestoga Cold Storage, Congebec, Burris Logistics, Snowman Logistics, Hanson Logistics, Henningsen Cold Storage, Interstate Cold Storage, and Trenton Cold Storage.
Market driver
- Rise in trade of frozen food and seafood products
- For a full, detailed list, view our report
Market challenge
- High real estate and energy consumption costs
- For a full, detailed list, view our report
Market trend
- Adoption of automated storage and retrieval systems
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 64 pages and 28 Exhibit "Global Refrigerated Warehousing Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by application, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis.
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