NOVEMBER 2023CONSTRUCTIONBUSINESSREVIEW.COM6Cold storage warehousing is not a new concept. These facilities stand as critical pillars that ensure the integrity and safety of temperature-sensitive goods. From perishable food items to pharmaceuticals and chemicals, they provide the essential infrastructure for preserving freshness and maintaining product quality.According to Grand View Research, the global cold storage market is expected to reach $326.2 billion by 2028, growing at a compound annual growth rate (CAGR) of 12.5 percent between 2021 and 2028. The industry is expected to grow significantly over the forecast period owing to growing organized retail sectors in developing economies. The key factors driving this growth include rising demand for perishable food goods, medications, and the expansion of the organized retail industry. The preservation of freshness and safety lies at the core of cold storage construction. These facilities are meticulously designed and constructed to create controlled environments with precise temperature, humidity, and ventilation parameters. Insulated panels, advanced refrigeration systems, and sophisticated monitoring technology work in harmony to maintain optimal conditions for perishable goods.The digital revolution has transformed the landscape of cold storage construction, introducing state-of-the-art monitoring and traceability systems. Automated alerts and notifications enable swift responses to any deviations, minimizing the risk of product damage. Furthermore, integrated traceability systems allow for accurate tracking of products throughout the storage process, enhancing transparency and enabling efficient recall management.This edition of Construction Business Review Canada delivers a bird's-eye view of recent developments in the cold storage construction arena and insights into how organizations can align with these trends and adopt new ways to replace outdated practices.We have curated thought leadership articles from industry experts, including Tom Bartosik, Project Manager at Atwell, and Paul Sorgiovanni, Senior Project Manager at BMD Group. We also took a deep dive into market trends to narrow down the list of companies delivering unparalleled cold storage construction services. Equipped with innovative capabilities, companies like KOOLJET Refrigeration Systems and Maple Reinders help transform businesses at the cloverleaf of various disruptive technologies.We hope this edition of Construction Business Review Canada will help you identify and forge the partnership you and your organization need to succeed.Let us know your thoughts!Building the Backbone of Temperature-Controlled LogisticsEDITORIALCopyright © 2023 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffDavid VincentFred SmithKevin DavisFredrick GallowayJames FerrerRose D. WilsonManaging EditorRobert MathewsDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsVisualizersJames D. PhillipsRobert MathewsManaging Editoreditor@constructionbusinessreview.comNOVEMBER - 12 - 2023, vol - 3, issue - 32 (ISSN 2835-9429)Published by ValleyMedia, Inc.To subscribe to Construction Business ReviewVisit www.constructionbusinessreview.com Email:sales@constructionbusinessreview.comeditor@constructionbusinessreview.commarketing@constructionbusinessreview.com
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