Saudi Arabia Cold Storage Market Forecast Report 2020 – 2027 – Top Key Players Analysis
The market report offers a comprehensive business study that analyses innovative ways for business growth and describes necessary factors such as leading players, market revenue, and growth rate. This report also focusses on market volume and value at a country level.
Competitive Landscape of the Saudi Arabia cold storage Market:
The Saudi Arabia cold storage market report scans the competitive landscape and profiles of the major players operating in the market, including Able Logistics Group, Atlascool, Storkom, Himmah Logistics Company, CGS, Raqtan, Bureida Trading and Refrigeration, Almunajem Group, DANA Steel Processing Industry, and Omega Engineering Company, among others.
Key Drivers of the Saudi Arabia cold storage Market:
The key factors driving the growth of the Saudi Arabia cold storage market growth include the rising demand for packaged food products, the continuous expansion of the logistics and retail sector, and the increasing consumer spending in Saudi Arabia. The growing demand for cold storage facilities among end-user industries such as frozen food, dairy, meat & seafood, pharmaceutical products is further boosting the growth of the market. Furthermore, the increasing infrastructural development activities majorly in manufacturing and industrial activities will further surge the growth of the Saudi Arabia cold storage market.
Rapid urbanization, coupled with the growing government initiatives for food preservation and security, is likely to energize the growth of the Saudi Arabi cold storage market size. Rising concerns for food wastage and the increasing population in Saudi Arabia is expected to boost the market growth in upcoming years. The vast urban population, improved infrastructure facilities, and high availability of manpower will drive the demand for cold storage in major cities such as Riyadh. Moreover, the growing FDI investment in retail and construction sector will further propel the demand for cold storage in Saudi Arabia. However, the lack of infrastructure necessary for maintaining cold storage may hinder growth of the Saudi Arabia cold storage market.
Market Segmentation:
The main aim of the study is to define market sizes of the different market segments & country during the forecast period and to analyze the values in the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the market. The detailed segments and sub-segments of the market are explained below:
Breakup by Type:
- Freezer
- Chiller
- Blast Freezer & Chiller
Breakup by Application:
- Meat & Seafood
- Fish
- Pharmaceuticals
- Dairy
- Processed/Frozen Food
- Fruits & Vegetables
- Industrial Chemicals
- Others
Breakup by Verticals:
- Healthcare & Hospitality
- Government & Transportation
- Retail & Logistics
- Industry & Manufacturing
Breakup by Storage Type:
- Refrigerator Ships
- Refrigerated Containers
- Air Cargo
- Warehousing
- Refrigerated Trucks
- Other Storage Type
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