Refrigerated Storage in the US
Over the past five years to 2018, the Refrigerated Storage industry has benefited from consumer spending levels and growing trade activity, which have increased the volume of goods being shipped and generated demand for industry storage services. Additionally, although some downstream companies decided to manage their own warehouse facilities instead of outsourcing these functions to industry operators, this trend has not substantially hindered industry performance. Over the five years to 2023, industry performance will likely be bolstered by continued growth in the total value of US trade activity, as well as continued improvements in the level of domestic consumer spending. Moreover, industry growth will be heavily affected by increased outsourcing of warehouse services to industry operators.
This industry includes establishments that operate refrigerated warehousing and storage facilities. Temperature-controlled services include blast freezing and tempering. Establishments that primarily store furs for trade are included in this industry. These furs are used as raw materials for the manufacturing of garments and personal accessories such as bags and shoes.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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