Lineage Logistics Holdings, LLC has completed the acquisition of Grupo Fuentes, one of Spain’s principal transport and cold-storage logistics providers, which helps in strengthening its supply chain across.
Americold Realty Trust Inc. has opened a new Freezer-Storage Facility in the town of Dunkirk, New York, with 181,000 square feet of cold storage and operational space.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 4557
Published Date: Feb 16, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Rising consumption of seafood, the rising frozen sector, and the pharmaceutical sector are the major factors driving the market growth.
The market size of cold chain logistics is anticipated to attain a CAGR of 15% over the forecast period, i.e., 2023-2033.
The major players in the market are Americold Realty Trust, Inc., Lineage Logistics Holdings, LLC, VersaCold Logistics Services, Nichirie Corporation, Cold Chain Technologies, LLC, Burris Logistics, CONESTOGA COLD STORAGE, Kloosterboer, and Cold Box Express, Inc.
The refrigerated warehouse segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.