by Rite-Hite UK Limited
Aug 16th, 2021
3 mins
BFFF

A Hot Category 

Cold storage facilities play a critical role in many industries, from food and beverage to pharmaceutical, electronics and more. With regulatory changes, technological advances, macro-economic trends and other factors, best practices for cold storage facility operation and design have undergone a number of changes recently. This guide is designed to give facility managers an overview of those changes, the trends behind them and potential solutions for ensuring efficiency and compliance.

While the numerous studies done on this category don’t always agree, one thing is clear in all of them: the cold storage industry is growing steadily. According to sources such as Global Cold Chain Alliance (GCCA) and DatexCorp, the total capacity of cold storage warehouses has been increasing at roughly 4% annually since 2013 and is expected to continue.

This expansion has been driven by a variety of factors, including the boom in global frozen food consumption. The global frozen food market is expected to grow from €137.4 billion in 2020 to €143.5 billion in 2021 at a compound annual growth rate (CAGR) of 4.2%. There are other factors, as well, not the least of which is the world’s ever-increasing population, which ensures increasing demand. But also the ongoing global Corona-pandemic.

Post the COVID-19 pandemic and subsequent lockdown, consumers have been more reluctant to shop at physical stores. Since the virus outbreak a steadily increasing number of consumers are leveraging the safety and convenience offered by e-commerce, causing online orders to skyrocket to new highs.

Download the full Essential Guide here

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