- The key vendors in the Global Refrigerated Warehousing Market 2014-2018 are AmeriCold Logistics, LLC, Lineage Logistics Holdings, LLC, Preferred Freezer Services, LLC and Swire Group.
London, 23 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Refrigerated Warehousing Market 2014-2018. One key trend being witnessed in the market is the focus on energy-efficient practices. The new trend in the industry is the usage of CO2 Cascade Systems, whereby two refrigerants are used in one refrigeration system, and one refrigerant cools the other refrigerant. The market is expected to grow at a CAGR of 14.27 percent during the forecast period of 2013-2018.
Refrigerated storage helps in the storage of perishable goods during the flow of the cold chain supply. The market has shifted from mere storage of food products in cold storage warehouses and their refrigerated transportation to the provision of value-added services to customers like disaster recovery services, specialized services for specific customers, and web interfaces that improve the customer interface with suppliers as they enable them to track shipments throughout the supply chain.
“Nowadays, an increasing number of consumers are purchasing grocery items, including frozen and chilled food, from organized retail stores. With the growing demand for fruits and vegetables, convenient food, and a rise in disposable income, organized retailing is the strongest driver for the Refrigerated Warehousing market,” says Faisal Ghaus, Vice President of TechNavio Research.
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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