The Europe Refrigerated Warehousing Market would witness market growth of 16.1% CAGR during the forecast period (2023-2030).
Automation in refrigerated warehouses is gaining popularity due to its ability to enhance warehouse processes through transparent and ongoing surveillance of stored goods and processes. In order to increase efficiency, these facilities employ Automated Storage and Retrieval Systems (AS/RS), Automated Guided Vehicles (AGVs), and other technology for automation. Such product innovations will likely enhance warehouse operations as a whole. In June 2023, for instance, KION GROUP AG's Dematic division in Germany declared the launch of a third generation of freezer rated AGVs. The AGVs have been developed to operate in cold storage environments 24 hours a day, seven days a week, thereby minimizing occupational health and safety hazards.
Automation and advanced technologies, such as warehouse management systems (WMS) and robotics, have been increasingly adopted to enhance efficiency, energy consumption, and inventory tracking in refrigerated warehouses. Sustainability concerns are leading to innovations in refrigerated warehousing, including eco-friendly refrigerants, energy-efficient designs, and renewable energy sources to reduce the environmental impact of these facilities.
Europe's well-established cold chain logistics network is critical for efficiently distributing temperature-sensitive products, including pharmaceuticals, vaccines, and biologics. The pharmaceutical industry's growth contributes to the demand for specialized cold storage facilities. Europe is a substantial player in the global food trade, both as an importer and exporter. Refrigerated warehousing is crucial for storing and distributing imported and domestically produced temperature-sensitive food products. Thus, the market will boost significantly.
The Germany market dominated the Europe Refrigerated Warehousing Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $18,425.7 million by 2030. The UK market is registering a CAGR of 15.1% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 16.9% during (2023 - 2030).
Based on Application, the market is segmented into Food & Beverages, (Fish, Meat, & Seafood, Bakery & Confectionary, Fruits & Vegetables, Processed Food, Dairy Products, Fruit Pulp & Concentrates, and Others), Pharmaceuticals, (Vaccines, Blood Banking and Others) and Others. Based on Temperature Range, the market is segmented into Frozen (-18°C to -25°C), Chilled (0°C to 15°C), and Deep-frozen (Below -25°C). Based on Type, the market is segmented into Public and Private & Semi-Private. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Refrigerated Warehousing Market will Hit $281.8 Billion by 2030, at a CAGR of 16.5%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Lineage Logistics Holdings, LLC, Americold Realty Trust, Inc, Burris Logistics, Tippmann Group, Nichirei Corporation, Conestoga Cold Storage, NewCold Cooperatief UA, United States Cold Storage, Inc. (Swire Pacific Limited), FreezPak Logistics and Confederation Freezers.
By Application
By Temperature Range
By Type
By Country
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