A cold storage facility is an installation used to cool or freeze items that are required to be kept at low temperatures so that they do not spoil. Such installations have specially designed features, such as insulated floors, ceilings, walls, and doors to prevent cold leakage. A cold storage facility is a well-connected warehouse with truck and railroad platforms, compressor and condenser rooms for a refrigerating system, a cooling tower, reservoirs and a pumping station for a circulating water supply, and administration & residential buildings.
The global cold storage construction market was valued at USD 4.59 billion in 2015 and is projected to reach USD 10.47 billion by 2021, at a CAGR of 14.0% from 2016 to 2021. Growth in the trade of perishable and processed foods across the globe is the major factor responsible for the growth of the cold storage construction market. The other factors driving the growth of the market are the growing consumer demand for perishable foods and government support for the infrastructure development of the cold store sector.
A cold storage facility is an installation used to cool or freeze items that are required to be kept at low temperatures so that they do not spoil. Such installations have specially designed features, such as insulated floors, ceilings, walls, and doors to prevent cold leakage. A cold storage facility is a well-connected warehouse with truck and railroad platforms, compressor and condenser rooms for a refrigerating system, a cooling tower, reservoirs and a pumping station for a circulating water supply, and administration & residential buildings.
Growth in the trade of perishable and processed foods across the globe is the major factor responsible for the growth of the cold storage construction market. The other factors driving the growth of the market are the growing consumer demand for perishable foods and government support for the infrastructure development of the cold store sector.
Download PDF Brochure At https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=85189651
Key players operational in the global cold storage construction market include AmeriCold Logistics (U.S.), Proffered Freezer Services (U.S.), Burris Logistics (U.S.), Lineage Logistics Holding LLC (U.S.) and Nichirei Logistics Group Inc. (Japan), among others. These players have focused on expansions, agreements, and acquisitions to cater to the diverse needs of customers and expand their presence in the market, and are now focusing on developing products that will help in reducing fuel consumption.
Asia-Pacific accounted for the largest share of the cold storage construction market in 2015 with China, India, and Turkey being the major markets for cold storage construction in Asia-Pacific. The rise in the commercial building & construction industry along with the increased buying capacity of end users is expected to boost the growth of the cold storage construction market in the region.
Food & beverages was the largest segment of the global cold storage construction market in 2015, in terms of volume. The growth of the organized retail sector has provided greater access to diverse and varied food, thus driving the growth of the cold storage market. Open trade policies and the emergence of an affluent middle class are other driving factors in the region.
was valued at USD 4.59 billion in 2015 and is projected to reach USD 10.47 billion by 2021, at a CAGR of 14.0% from 2016 to 2021. Growth in the trade of perishable and processed foods across the globe is the major factor responsible for the growth of the cold storage construction market. The other factors driving the growth of the market are the growing consumer demand for perishable foods and government support for the infrastructure development of the cold store sector.
Key players operational in the global cold storage construction market include AmeriCold Logistics (U.S.), Proffered Freezer Services (U.S.), Burris Logistics (U.S.), Lineage Logistics Holding LLC (U.S.) and Nichirei Logistics Group Inc. (Japan), among others. These players have focused on expansions, agreements, and acquisitions to cater to the diverse needs of customers and expand their presence in the market, and are now focusing on developing products that will help in reducing fuel consumption.
Asia-Pacific accounted for the largest share of the cold storage construction market in 2015 with China, India, and Turkey being the major markets for cold storage construction in Asia-Pacific. The rise in the commercial building & construction industry along with the increased buying capacity of end users is expected to boost the growth of the cold storage construction market in the region.
Food & beverages was the largest segment of the global cold storage construction market in 2015, in terms of volume. The growth of the organized retail sector has provided greater access to diverse and varied food, thus driving the growth of the cold storage market. Open trade policies and the emergence of an affluent middle class are other driving factors in the region.
Know More At https://www.marketsandmarkets.com/PressReleases/cold-storage-construction.asp
