The global cold chain market is anticipated to reach USD 381.68 billion by 2025. The expansion of trade over the years has arisen the necessity of making improvements in the packaging of crops as such, the materials used for packaging play a major role in enhancing the storage life.
The development of cold chain is largely responsible for the reduction of wastage of perishable commodities and is vital for the growth of the food sector. Governments across globe provide key services, such as public infrastructure and legislation, which help in facilitating the refrigerated storage development. Furthermore, service providers train employees to enhance technical expertise in the operation and maintenance of specialized facilities.
Emerging countries such as India, Brazil, China, and Mexico are currently undergoing a rapid transition to a consumer-led economy. The retailers in these regions have ample opportunities to expand and grow, owing to the prevailing large number of middle-class income consumers. Advancements in the technology have enabled service providers to penetrate the emerging markets with innovative solutions to help solve issues relating to complex transportation.
Investment in warehouse automation has been increasing over the past years to meet the customer requirements. High capital investment, running costs, and scalability of different picking methods are the key factors that restrain the market players to automate the warehouses. Furthermore, the growing application of telematics in logistics and transportation is likely to spur the refrigerated transportation market demand.
- Americold Logistics, LLC
- Agro Merchants Group
- Burris Logistics
- Cloverleaf Cold Storage
- Henningsen Cold Storage Company
- Lineage Logistics
- Nordic Logistics
- Preferred Freezer
- Recent Developments
- Swire Group
Wabash National Corporation
Key Topics Covered:
1. Methodology and Scope
2. Executive Summary
3. Cold Chain Industry Outlook
4. Cold Chain Market: Type Estimates & Trend Analysis
5. Cold Chain Market: Application Estimates & Trend Analysis
6. Cold Chain Market: Regional Estimates & Trend Analysis
7. Competitive Landscape
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