A Refrigerated
Warehouse is an important segment of the supply chain that involves the storage
of temperature-sensitive goods. Refrigerated storage helps in storage of
perishable goods during cold chain supply. On the Basis of temperature ranges
maintained, refrigerated warehouses can be segmented into two categories: Cold
storage (coolers) and frozen storage (freezers). Cold storage areas usually
maintain temperatures between 0-10 °C (32-50°F), while frozen storage areas
maintain temperatures lower than 0°C (32°F). The market has witnessed an
evolutionary change over the last few years. It 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. Some of
these value-added services include disaster recovery services, specialized
services for specific customers, and web interfaces that improve the customer
interface with suppliers as it enables them to track shipments throughout the
supply chain.
Analysts forecast
the Global Refrigerated
Warehousing market to grow at a
CAGR of 14.27 percent over the period 2013-2018.
The report
recognizes the following companies as the key players in the Global
Refrigerated Warehousing Market: AmeriCold Logistics, LLC, Lineage Logistics
Holdings, LLC, Preferred Freezer Services, LLC and Swire Group.
Other Prominent
Vendors in the market are: A.B. Oxford Cold Storage, Burris Logistics,
Cloverleaf Cold Storage, Conestoga Cold Storage, Congebec, Dev Bhumi Cold
Chain, Fresh and Healthy Enterprises, Hanson Logistics, Henningsen Cold
Storage, Interstate Cold Storage, Kloosterboer, Nichirei Logistics Group,
Nordic Cold Storage, Partner Logistics, Snowman Logistics and Trenton Cold
Storage.
One of the emerging
trends being witnessed in the market is the focus on energy-efficient
practices. The vendors in the industry are adopting various tools and
strategies to be more energy efficient. 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.
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Covered in this Report
Global Refrigerated
Warehousing Market 2014-2018, has been prepared based on an in-depth market
analysis with inputs from industry experts. The report covers North America,
Europe, the APAC region, and ROW; it also covers the Global Refrigerated
Warehousing market landscape and its growth prospects in the coming years. The
report also includes a discussion of the key vendors operating in this market.
According to the
report, one of the main drivers in this market is the rise in organized retail.
Over the years, there has been an increase in the number of consumers
purchasing grocery items that include frozen and chilled food from organized
retail stores, which use better storage system technology, which includes
better refrigeration and provides consumers with convenience and food that is
safe to consume.
Further, the report
states that one major challenge hindering the growth of the market is the high
energy consumption costs that have increased the operational costs of the
vendors. The increasing competition among the vendors and the increasing demand
for cold storage has exerted additional pressure on the vendors to expand their
logistics facilities, which is difficult with the increasing real estate
prices.
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