The Europe Cold Storage Market would witness market growth of 12.4% CAGR during the forecast period (2021-2027).
The main advantage of adopting cold chains for the preservation of perishable products is that it reduces the chances of chemical changes in such products which may result in spoilage. Additionally, the cold storage warehouses have containers with the option to adjust the temperature according to the need of products. This customization option by such warehouses helps in the proper storage of product and prevent them from dehumidification.
The cold storage facility is most important for applications such as dairy products, meat processing, vegetables and fruits, processed food, seafood, and many more. The demand for food is rising continuously along with the increasing population. This results in more demand for frozen food storage.
Europe According to the government of the UK, the pharmaceutical sector is expected to produce a higher quantity of chemicals. As various chemicals are temperature-controlled and meant to be preserved in the lower temperature to prevent them from any kind of reaction or spoilage, the demand for the cold storage market in the UK is likely to increase.
The Germany market dominated the Europe Cold Storage Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $17.7 billion by 2027. The UK market is poised to grow at a CAGR of 11.6% during (2021 - 2027). Additionally, The France market would showcase a CAGR of 13.3% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Cold Storage Market Size will Hit $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.
By Warehouse Type
By Application
By Construction Type
By Temperature Type
By Country
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