Over the past five years, the Refrigerated Storage industry performed relatively well, benefiting from a strengthening economy. After dipping during the recession, industry revenue climbed as total trade activity and refrigerated storage capacity grew robustly. The industry is forecast to steadily grow during the five years to 2019, supported by increasing demand from downstream markets. Improving economic conditions will allow consumers to purchase a greater variety of food products, boosting demand for refrigerated storage. Furthermore, as credit conditions improve, refrigerated storage operators are expected to invest in new facilities, expand the storage space of existing facilities and invest in new technology and equipment.
This industry includes establishments that operate refrigerated warehousing and storage facilities. Temperature-controlled services include blast freezing and tempering. Establishments that primarily engage in storing furs for trade are included in this industry. These furs are used as raw materials for the manufacturing of garments and personal accessories like bags and shoes.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.