North America Cold Storage Market: Industry Analysis, Trends and Forecast From 2021-2029

North America Cold Storage Market was valued at US$ 38.7 Bn. in 2020 and is expected to reach US$ 77.8 Bn. by 2027, at a CAGR of 10.5% during a forecast period.
North America Cold Storage Market Overview:

North America cold storage market size was valued at US$ 38.7 Bn. in 2020. The increasing acceptance of connected devices and the availability of a large consumer base are the major trends driving market expansion. In addition, increased refrigerated warehouse automation is likely to drive up demand for the product. Warehouses are automated using cloud technology, conveyor belts, robotics, energy management systems, and truck loading automation. The integration of workforce management systems for picking optimization and manpower forecasting resulted in lower labor costs.