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The size of the global cold storage market is worth USD 219.4 billion in 2023 and is predicted to grow at a CAGR of 8.11% from 2024 to 2029 and be worth USD 350.2 billion by 2029 from USD 237.1 billion in 2024.
The global cold storage market size was estimated at USD 119.8 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 17.5% from 2023 to 2030. The market has benefitted significantly from the strict regulations governing the supply and production of temperature-sensitive products.
- The global cold storage market is expected to grow at a compound annual growth rate of 17.5% from 2023 to 2030 to reach USD 427.6 billion by 2030....
- North America dominated the cold storage market with a share of 34.1% in 2022. This is attributable to the strengthening network of warehouses and...
- Some key players operating in the cold storage market include Cloverleaf Cold Storage (U.S.), Agro Merchants Group (U.S.), Burris Logistics (U.S.),...
- Key factors that are driving the cold storage market growth include low-carbon design, environmental auditing, and crafty construction of cold stor...
- The public warehouse segment led the global cold storage market and accounted for more than 64.4% share of the global revenue in 2022. Read More
According to Custom Market Insights (CMI), the Global Cold Storage Market size was estimated at USD 112 Billion in 2021 and is expected to reach USD 136 billion in 2022 and is expected to hit around USD 330 Billion by 2030, poised to grow at a compound annual growth rate (CAGR) of 11% from 2022 to 2030.
- Logistics & Transportation
Feb 23, 2022 · The cold storage market has experienced significant growth over the past three or four years, thanks to population growth and consumer preferences for more fresh, perishable food that’s temperature sensitive.
Sep 13, 2022 · Global cold storage market size was valued at USD 112 billion in 2021, and it is expected to reach a value of USD 272 billion by 2028, at a CAGR of 12.17% over the forecast period (2022–2028).
Aug 1, 2023 · The global cold storage market size is estimated to surpass around USD 3,83,050 million by 2032 and is progressing with a CAGR of 12% from 2023 to 2032.
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Statistics for the 2023 & 2024 Cold Storage market trends, created by Mordor Intelligence™ Industry Reports. Cold Storage trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.
