Europe Cold Chain Equipment Market Size & Outlook

The cold chain equipment market in Europe is expected to reach a projected revenue of US$ 67,181.5 million by 2030. A compound annual growth rate of 17.3% is expected of Europe cold chain equipment market from 2024 to 2030.
Revenue, 2023 (US$M)
$22,012.2
Forecast, 2030 (US$M)
$67,181.5
CAGR, 2024 - 2030
17.3%
Report Coverage
Europe

Europe cold chain equipment market highlights

  • The Europe cold chain equipment market generated a revenue of USD 22,012.2 million in 2023.
  • The market is expected to grow at a CAGR of 17.3% from 2024 to 2030.
  • In terms of segment, transportation was the largest revenue generating type in 2023.
  • Storage is the most lucrative type segment registering the fastest growth during the forecast period.
  • Country-wise, Netherlands is expected to register the highest CAGR from 2024 to 2030.

Europe data book summary

Market revenue in 2023USD 22,012.2 million
Market revenue in 2030USD 67,181.5 million
Growth rate17.3% (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
Key market players worldwideTrane Technologies PLC Class A, Carrier Global Corp Ordinary Shares, Daikin Industries Ltd, Viessmann, Kelvion

Other key industry trends

  • In terms of revenue, Europe region accounted for 24.7% of the global cold chain equipment market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 70,644.4 million by 2030.

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Cold Chain Equipment Market Companies

Name Profile # Employees HQ Website

Europe 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 85.02% in 2023. Horizon Databook has segmented the Europe cold chain equipment market based on storage, transportation covering the revenue growth of each sub-segment from 2017 to 2030.


  • Europe 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
  • Europe 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)
  • Europe 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 Europe 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.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Europe cold chain equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Europe cold chain equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Europe cold chain equipment market size, by country, 2017-2030 (US$M)

Europe Cold Chain Equipment Market Outlook Share, 2023 & 2030 (US$M)

Europe cold chain equipment market size, by country, 2017-2030 (US$M)

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