North America Cold Storage Market Size & Forecast to 2027

North America Cold Storage Market Size, Share & Industry Trends Analysis Report By Warehouse Type, By Application, By Construction Type, By Temperature Type, By Country, Historical Data and Growth Forecast, 2021 - 2027

Published Date: February-2022 | Number of Pages: 77 | Format: PDF | Report ID: KBV-16464

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Market Report Description

The North America Cold Storage Market would witness market growth of 11.6% CAGR during the forecast period (2021-2027).

Cold storage is designed for closed space and keeping the temperature of the storage area less by using refrigerating equipment. Preserving vegetables and fruits at a lower temperature would help in less wastage and increase edible oils and other products. The cold storage warehouses require systems to control moisture & humidity, dock to stock, as well as contingency plans for any possible disaster. These storage warehouses can be installed at different places.

Increasing businesses dealing in perishable products is also expected to result in rising demand for cold storage in upcoming years. Suppliers & users of the products which are temperature sensitive are trying to reduce the impact of surroundings on the cold chain. Moreover, the increasing concern towards changing expectations of consumers, Corporate Social Responsibility (CSR) policies, and strict government regulations are also boosting the need for an appropriate packaging system.

Continuous modernization, change in taste preferences of consumers, and the demand for directly consumable food items like frozen desserts, snacks such as chocolates also serve as an opportunity to the market. Also, the advancement in technologies to perform various activities such as remote temperature monitoring technologies, calculating inventory counts, automatic systems for loading and unloading the product would attracts the marketers to invest in the North American countries which would result in the growth of the cold storage market during the forecast period.

The US market dominated the North America Cold Storage Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $61.2 billion by 2027. The Canada market is experiencing a CAGR of 14.2% during (2021 - 2027). Additionally, The Mexico market would register a CAGR of 13.2% during (2021 - 2027).

Based on Warehouse Type, the market is segmented into Public and Private & Semi-private. Based on Application, the market is segmented into Fish, Meat & Seafood, Processed Food, Dairy, Fruits & Vegetables, Pharmaceuticals and Others. Based on Construction Type, the market is segmented into Production Stores, Bulk Storage and Ports. Based on Temperature Type, the market is segmented into Frozen and Chilled. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Global Cold Storage Market is Estimated to reach $258.7 Billion by 2027, at a CAGR of 13.3%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Americold Realty Trust, Burris Logistics, Lineage Logistics Holdings, LLC, Kalari Pty Ltd. (John Swire & Sons Limited), VersaCold Logistics Services, Wared Logistics, Wabash National Corporation, and Tippmann Group.

Scope of the Study

Market Segments Covered in the Report:

By Warehouse Type

  • Public and
  • Private & Semi-private

By Application

  • Fish
  • Meat & Seafood
  • Processed Food
  • Dairy
  • Fruits & Vegetables
  • Pharmaceuticals and
  • Others

By Construction Type

  • Production Stores
  • Bulk Storage and
  • Ports

By Temperature Type

  • Frozen and
  • Chilled

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Americold Realty Trust
  • Burris Logistics
  • Lineage Logistics Holdings, LLC
  • Kalari Pty Ltd. (John Swire & Sons Limited)
  • VersaCold Logistics Services
  • Wared Logistics
  • Wabash National Corporation
  • Tippmann Group

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Related Reports:

Global Cold Storage Market Report 2021-2027

Europe Cold Storage Market Report 2021-2027

Asia Pacific Cold Storage Market Report 2021-2027

LAMEA Cold Storage Market Report 2021-2027

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