The Canada refrigerated warehousing market analysis and insights provided in this report offer a comprehensive overview of the industry. Here are some key points and insights from the report:
The Canada refrigerated warehousing market is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.4% during the forecast period of 2022 to 2029. It is projected to reach a market size of USD 2,937.08 million by 2029.
The market is segmented based on various factors including equipment type, technology, temperature type, end-user, and application. This segmentation helps in understanding different aspects of the market.
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The equipment types include storage, compressors, condensers, evaporators, controller and vessels, pumps, and auxiliary equipment.
Various technologies used in refrigerated warehousing include blast freezing, vapor compression, programmable logic controller, evaporative cooling, cryogenic systems, and others.
Products can be stored at either chilled or frozen temperatures.
The market serves producers, retailers, food service providers, and others.
Refrigerated warehousing is used for storing food products, beverages, dietary supplements, personal care products, pharmaceuticals & biological products, and others.
Some of the major players in the Canada refrigerated warehousing market include Trenton Cold Storage, Delta Pacific Seafoods, Cold Storage Inc., Iceberg Cold Storage, CONESTOGA COLD STORAGE, Kloosterboer, Congebec, Americold, LINEAGE LOGISTICS HOLDING, LLC, and others. The competitive landscape provides insights into these companies' financials, market potential, research and development initiatives, and more.
Market Drivers and Opportunities:
The report highlights key drivers and opportunities in the market, including:
Increasing number of supermarkets, driven by rising incomes, urbanization, and globalization of food manufacturing and advertising.
Growing demand for refrigerated warehousing in the pharmaceutical and personal care industry due to the need for precise temperature control.
Expansion of the e-commerce industry in Canada and the U.S., leading to increased demand for refrigerated warehousing services.
Challenges and Restraints:
The report also identifies challenges and restraints in the market, such as the high investment required for research and development activities in the refrigerated warehousing sector.
Post-COVID-19 Impact: The COVID-19 pandemic had some impact on the market due to lockdowns and changes in demand. However, post-COVID-19, there has been an increased demand for refrigerated warehousing due to changes in regulations and preventive measures.
Canada is expected to experience growth in the refrigerated warehousing market, with expansions and acquisitions by major players contributing to this growth.
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TABLE OF CONTENTS:
• Part 01: Executive Summary
• Part 02: Scope of the Report
• Part 03: Research Methodology
• Part 04: Market Landscape
• Part 05: Pipeline Analysis
• Part 06: Market Sizing
• Part 07: Five Forces Analysis
• Part 08: Market Segmentation
• Part 09: Customer Landscape
• Part 10: Regional Landscape
The report outlines the research methodology used, including data collection, analysis models, and data triangulation.
In summary, this report provides a comprehensive analysis of the Canada refrigerated warehousing market, including its current state, growth prospects, major players, and key drivers and challenges. It also offers insights into the impact of the COVID-19 pandemic and opportunities in the market, especially in the context of the expanding e-commerce industry.
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