South Africa Cold Chain Equipment Market Size & Outlook
South Africa cold chain equipment market, 2017-2030 (US$M)
Related Markets
South Africa cold chain equipment market highlights
- The South Africa cold chain equipment market generated a revenue of USD 1,993.7 million in 2023 and is expected to reach USD 6,425.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 18.2% 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.
Cold chain equipment market data book summary
| Market revenue in 2023 | USD 1,993.7 million |
| Market revenue in 2030 | USD 6,425.5 million |
| Growth rate | 18.2% (CAGR from 2023 to 2030) |
| Largest segment | Transportation |
| Fastest growing segment | Storage |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Storage, Transportation |
| Key market players worldwide | Trane Technologies PLC Class A, Carrier Global Corp Ordinary Shares, Daikin Industries Ltd, Viessmann, Kelvion |
Other key industry trends
- In terms of revenue, South Africa accounted for 2.2% of the global cold chain equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa cold chain equipment market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 4,078.4 million by 2030.
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Cold Chain Equipment Market Scope
Cold Chain Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 82.91% in 2023. Horizon Databook has segmented the South Africa cold chain equipment market based on storage, transportation covering the revenue growth of each sub-segment from 2017 to 2030.
- South Africa 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
- Storage
- South Africa 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)
- South Africa 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
- Food & Beverages
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Target buyers of South Africa 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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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 country-level data and insights on the South Africa cold chain equipment market , including forecasts for subscribers. This country databook contains high-level insights into South Africa cold chain equipment market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa cold chain equipment market size, by type, 2017-2030 (US$M)
South Africa Cold Chain Equipment Market Outlook Share, 2023 & 2030 (US$M)
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