The global cold storage construction market is anticipated to grow at a considerable CAGR of 10.6% during the forecast period. The major factor that drives the market growth includes the presence of major market players which includes, Lineage Logistics Holdings, LLC, and Millard Refrigerated Services, LLC which are adopting numerous strategies such as partnership, collaboration, and expansion to remain competitive in the global market. For instance,
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• In May 2022, Barber Partners LLC, and Bain Capital’s Special Situations strategy (“Bain Capital”) formed a national programmatic joint venture targeting the development of approximately 15 class-A, state-of-the-art cold storage warehouse projects under the Chill Storage brand. The first project Class-A speculative freezer/cooler facility situated on approximately 34 acres, this building is 302,400 sq/ft and features 50 feet clear height allowing for the latest in racking technology and systems.
• In April 2023, BG Capital and FreezPak Logistics acquired and planned development of their second new construction cold storage facility located in Houston, Texas, as part of their effort to build a network of cold storage distribution centers across the country. The project is set to break ground on the first phase of construction this spring and include a 281,849 square foot temperature-controlled warehouse for a total capital investment estimated to be around $102 million. The two-phase construction process of the Houston facility could accommodate a total of 141 trailer parking stalls, 64 truck stalls, three rail bays, and 131 additional car parking.
• In March 2023, Cold Creek Solutions, in partnership with Invesco Real Estate, developed and sold two, new, state-of-the-art fully convertible cold storage facilities totalling more than 700,000 SF in Denton and San Antonio, Texas.
• The introduction of a new series at AGRO Merchants Group’s California was announced in March 2020. To provide valuable aid in supply chain integration, the company offers drayage services to its clients.
Market Coverage
• The market number available for – 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o by Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- including Americold Realty Trust, Burries Logistics, Emergent Cold Management LLC, and others.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Cold Storage Construction Market Report Segment
By Type
By Application
Global Cold Storage Construction Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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