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According to Technavio's market research report, the refrigerated warehousing market in North America will grow at a CAGR of more than 13% during the forecast period. The rising demand for the safety of food is identified as one of the key drivers for the market's growth. Refrigerated warehouses enhance the shelf life of food items by providing an appropriate temperature and relative humidity. This slows down the movement of molecules and drives the microbes into an inactive state. It also reduces the rate of enzymic changes in food items to decline the rate of deterioration.
The popularity of temperature-controlled packaging solutions is one of the key trends that will propel the growth prospects of the refrigerated warehousing market in North America by 2021. This solution includes insulated containers and insulated shippers that carry chilled and frozen products in a cold chain. Before the frozen food items are stored in the refrigerated warehouses, it is necessary to pack them inside the special packaging solution, which will drive the need for temperature-controlled packaging.
The refrigerated warehousing market in North America is characterized by the presence of a variety of producers. The market is competitive and offers a wide range of solutions for a public refrigerated warehouse and dry warehousing. To gain a competitive edge over their competitors, the vendors are focusing on expanding their storage facilities.
Key vendors in this market are -
Other prominent vendors in the market include AGRO Merchants Group, Kloosterboer, VersaCold, Cloverleaf Cold Storage, Burris, and Conestoga.
The meat, fish, and seafood segment comprises of industrially processed meat, frozen and chilled meat, and fish and seafood products. The growth in the processed meat, fish, and seafood industry in North America will boost the demand for refrigerated warehouse during the forecasted period. This industry in North America includes ham, bacon, sausages, and other meat products such as meat salads and cooked ham.
The rising e-commerce industry for frozen food will have a positive impact on the refrigerated warehousing market in North America. The popularity of purchasing frozen food items through online mode is increasing since more than 60% of the online retailers are involved in the supply of frozen products. It has been observed that the rising penetration of internet and the increasing application of mobile devices has resulted in the 40% more orders for frozen food.
This report provides a number of factors contributing to the adoption, limitations, and opportunities of the refrigerated warehousing market in North America. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.
Technavio also offers customization on reports based on specific client requirement.
Refrigerated warehouses refer to refrigerated buildings, which are primarily used to store perishable goods or merchandise at temperatures below fifty degrees Fahrenheit. This upcoming research report on the refrigerated warehousing market in North America offers insights into the major trends and forthcoming drivers influencing the growth of the transportation and logistics industry. Our reports for the transportation and logistics industry also follow a distinct statistical methodology to present an analysis of fast growing market segments like the warehouse and storage.
Moreover, to achieve higher accuracy, our industry experts implement an extensive research approach of quantitative and qualitative data collection methods and assess the changing demand-supply landscape of the packaging sector. The key advantage gained from the adoption of this approach is better statistical models and efficient vendor analysis. Also, by interpreting the market forecast and size, surging demand for various segments of the warehouse and storage sector, the market research professionals at Technavio present an all-inclusive picture of the refrigerated warehousing market in North America from 2017 to 2021.
This forthcoming market research report on the refrigerated warehousing market in North America also covers vendors like AmeriCold Logistics, Preferred Freezer Services, and John Swire & Sons. Also, our market research aims to support clients to develop impactful growth strategies and keep pace with the continually changing market dynamics. This market research report on the refrigerated warehousing market in North America also presents an extensive analysis of various products and services based on the insights from the information gathered from specific resources such as channel partners and market stakeholders. Furthermore, to present clients the scope to identify emerging market opportunities and expand in niche markets, this report on the refrigerated warehousing market also covers regions like the US, Canada, and Mexico.
The upcoming industry research report on the refrigerated warehousing market in North America also categorizes the major drivers, key trends, along with the imminent restraints that the warehouse and storage sector currently experiences. It also presents insights into the rapidly changing competitive landscape to give clients a complete picture of the forthcoming events within the transportation and logistics industry. Technavio also presents in-depth market assessments into the sectors such as packaging, logistics, and tags and labels.
Our market research methodology for the global refrigerated warehousing market in North America
Technavio also offers clients the possibility to customize every report to suit their specific requirements and offers attractive discounts on all forthcoming reports and future purchases.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical Segmentation
PART 08: Decision framework
PART 09: Drivers and challenges
PART 10: Market trends
PART 11: Vendor landscape
PART 12: Appendix
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