Global Cold Chain Equipment Market Size & Outlook

The cold chain equipment industry worldwide is expected to reach a projected revenue of US$ 290,050.6 million by 2030. A compound annual growth rate of 18.4% is expected of the worldwide cold chain equipment industry from 2024 to 2030.
Revenue, 2023 (US$M)
$88,976.2
Forecast, 2030 (US$M)
$290,050.6
CAGR, 2024 - 2030
18.4%
Report Coverage
Worldwide

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 2023USD 88,976.2 million
Market revenue in 2030USD 290,050.6 million
Growth rate18.4% (CAGR from 2023 to 2030)
Largest segmentTransportation
Fastest growing segmentStorage
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationStorage, 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 segmentation & scope
Blast freezer
Walk-in Cooler and Freezer
Deep Freezer
Others
Refrigerated vehicles
Refrigerated containers
Chilled (0 C to 15 C)
Frozen (-18 C to -25 C)
Deep-frozen (Below -25 C)
Fruits & Vegetables
Fruit Pulp & Concentrates
Milk
Butter
Cheese
Ice cream
Others
Fish, Meat, and Seafood
Processed Food
Bakery & Confectionary
Others
Vaccines
Blood Banking
Others
Others

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 2023. Horizon Databook has segmented the Global cold chain equipment market based on storage, transportation covering the revenue growth of each sub-segment from 2017 to 2030.


  • Global Cold Chain Equipment Type Outlook (Revenue, USD Million, 2017-2030)
    • Storage
      • Blast freezer
      • Walk-in Cooler and Freezer
      • Deep Freezer
      • Others
    • Transportation
      • Refrigerated vehicles
      • Refrigerated containers
  • Global Cold Chain Equipment Temperature Range Outlook (Revenue, USD Million, 2017-2030)
    • Chilled (0 C to 15 C)
    • Frozen (-18 C to -25 C)
    • Deep-frozen (Below -25 C)
  • Global Cold Chain Equipment Application Outlook (Revenue, USD Million, 2017-2030)
    • Food & Beverages
      • Fruits & Vegetables
      • Fruit Pulp & Concentrates
      • Dairy Products
        • Milk
        • Butter
        • Cheese
        • Ice cream
        • Others
      • Fish, Meat, and Seafood
      • Processed Food
      • Bakery & Confectionary
      • Others
    • Pharmaceuticals
      • Vaccines
      • Blood Banking
      • Others
    • Others

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Target buyers of Global cold chain equipment market databook

  • Our clientele includes a mix of cold chain equipment market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • 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 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Global cold chain equipment market statistics, by regions, 2017-2030 (US$M)

Top 10 countries: Cold chain equipment market size, 2023 (USD Million)

Top 10 countries: Cold chain equipment market size, 2023 (USD Million)

Global cold chain equipment market, by region, 2023 (US$M)

Global cold chain equipment market statistics, by regions, 2017-2030 (US$M)

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