Global Cold Chain Equipment Market Size & Outlook
Global cold chain equipment market, 2018-2030 (US$M)
Related Markets
Global cold chain equipment market highlights
- The global cold chain equipment market generated a revenue of USD 88,976.2 million in 2023 and is expected to reach USD 290,050.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 18.4% by 2030.
- In terms of segment, transportation accounted for a revenue of USD 74,670.7 million in 2023.
- Storage is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 88,976.2 million |
| Market revenue in 2030 | USD 290,050.6 million |
| Growth rate | 18.4% (CAGR from 2023 to 2030) |
| Largest segment | Transportation |
| Fastest growing segment | Storage |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Storage, Transportation |
Other key industry trends
- In terms of revenue, the North America accounted for 33.9% of the global cold chain equipment market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 7,453.1 million by 2030.
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Cold Chain Equipment Market Scope
Cold Chain Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cold chain equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cold chain equipment market will help companies and investors design strategic landscapes.
Transportation was the largest segment with a revenue share of 83.92% in 2024. Horizon Databook has segmented the Global cold chain equipment market based on storage, transportation covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Cold Chain Equipment Type Outlook (Revenue, USD Million, 2018-2030)
- Storage Equipment
- On-grid
- Walk-in coolers
- Walk-in freezers
- Ice-lined refrigerators
- Deep freezers
- Off-grid
- Solar Chillers
- Milk Coolers
- Solar powered cold boxes
- Others
- Others
- On-grid
- Transportation Equipment
- Storage Equipment
- Global Cold Chain Equipment Industry Outlook (Revenue, USD Million, 2018-2030)
- Fruits & Vegetables
- Fruit & pulp concentrates
- Dairy Products
- Fish, Meat, & Seafood
- Processed Food
- Pharmaceuticals
- Bakery & Confectionaries
- Others
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Target buyers of Global cold chain equipment market databook
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Our clientele includes a mix of cold chain equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global cold chain equipment market , including forecasts for subscribers. This global databook contains high-level insights into Global cold chain equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global cold chain equipment market size, by regions, 2018-2030 (US$M)
Top 10 countries: Cold chain equipment market size, 2024 (US$M)
Global cold chain equipment market share, by type, 2024 & 2030 (%, US$M)
Cold chain equipment market: Opportunity assessment by country
Global cold chain equipment market, by region, 2024 (US$M)
| Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 3,363.5 | 3,950.7 | 4,431.0 | 5,207.5 | 6,153.9 | 7,301.9 | 8,666.6 | 10,327.1 | 12,357.2 | 14,849.1 | 17,933.2 | 21,765.7 | 26,535.6 | 20.5% |
| Europe | 1,798.0 | 2,124.4 | 2,397.0 | 2,834.6 | 3,371.0 | 4,021.0 | 4,809.6 | 5,774.3 | 6,960.2 | 8,424.8 | 10,245.1 | 12,518.6 | 15,369.3 | 21.4% |
| Asia Pacific | 907.1 | 1,124.7 | 1,329.9 | 1,645.9 | 2,046.2 | 2,556.5 | 3,181.3 | 3,973.5 | 4,982.8 | 6,274.7 | 7,938.4 | 10,091.3 | 12,889.2 | 26.3% |
| Latin America | 423.7 | 517.7 | 603.9 | 737.9 | 906.3 | 1,117.4 | 1,377.7 | 1,704.9 | 2,118.3 | 2,642.9 | 3,312.9 | 4,172.6 | 5,280.4 | 25.1% |
| MEA | 539.2 | 664.9 | 782.3 | 963.6 | 1,192.7 | 1,455.9 | 1,835.0 | 2,307.0 | 2,896.3 | 3,635.4 | 4,560.5 | 5,724.2 | 7,202.0 | 25.6% |
| Overall | 7,031.4 | 8,382.4 | 9,544.2 | 11,389.5 | 13,669.9 | 16,452.7 | 19,870.1 | 24,086.7 | 29,314.7 | 35,826.9 | 43,990.1 | 54,272.3 | 67,276.5 | 22.5% |
Related regional statistics
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