Global Cold Chain Market Size & Outlook, 2023-2030
Global cold chain market, 2017-2030 (US$M)
Related Markets
Global cold chain market highlights
- The global cold chain market generated a revenue of USD 270,975.7 million in 2023 and is expected to reach USD 892,267.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 18.6% by 2030.
- In terms of segment, storage accounted for a revenue of USD 138,026.0 million in 2023.
- Monitoring Components 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 270,975.7 million |
| Market revenue in 2030 | USD 892,267.5 million |
| Growth rate | 18.6% (CAGR from 2023 to 2030) |
| Largest segment | Storage |
| Fastest growing segment | Monitoring Components |
| 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, Packaging, Monitoring Components |
Other key industry trends
- In terms of revenue, the North America accounted for 34.1% of the global cold chain 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 23,566.5 million by 2030.
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Cold Chain Market Scope
Cold Chain Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cold chain 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 market will help companies and investors design strategic landscapes.
Storage was the largest segment with a revenue share of 50.94% in 2023. Horizon Databook has segmented the Global cold chain market based on storage, transportation, packaging, monitoring components covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Cold Chain Type Outlook (Revenue, USD Million, 2017-2030)
- Storage
- Facilities
- Refrigerated Warehouse
- Private & Semi-Private
- Public
- Cold Room
- Refrigerated Warehouse
- Equipment
- Blast Freezer
- Walk-in Cooler and Freezer
- Deep Freezer
- Others
- Facilities
- Transportation
- Road
- Sea
- Rail
- Air
- Packaging
- Crates
- Insulated Containers & Boxes
- Large (32 to 66 liters)
- Medium (21 to 29 liters)
- Small (10 to 17 liters)
- X-small (3 to 8 liters)
- Petite (0.9 to 2.7 liters)
- Cold Chain bags/vaccine bags
- Ice packs
- Others
- Monitoring Components
- Hardware
- Sensors
- RFID Devices
- Telematics
- Networking Devices
- Others
- Software
- On-premise
- Cloud
- Hardware
- Storage
- Global Cold Chain Temperature Range Outlook (Revenue, USD Million, 2017-2030)
- Chilled
- Frozen
- Deep Frozen
- Global Cold Chain 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 Global cold chain market databook
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Our clientele includes a mix of cold chain market companies, investment firms, advisory firms & academic institutions.
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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 market , including forecasts for subscribers. This global databook contains high-level insights into Global cold chain market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global cold chain market size, by regions, 2017-2030 (US$M)
Top 10 countries: Cold chain market size, 2023 (US$M)
Global cold chain market share, by type, 2023 & 2030 (%, US$M)
Cold chain market: Opportunity assessment by country
Global cold chain market, by region, 2023 (US$M)
| Type | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 44,941.8 | 50,586.5 | 57,232.8 | 61,932.9 | 70,246.9 | 80,434.8 | 92,344.7 | 106,493.5 | 123,384.5 | 143,652.1 | 168,099.7 | 197,744.4 | 233,886.2 | 278,196.3 | 17.1% |
| Europe | 32,545.3 | 36,733.0 | 41,674.8 | 45,225.5 | 51,529.8 | 59,081.0 | 68,034.2 | 78,700.8 | 91,471.6 | 106,840.7 | 125,435.9 | 148,054.6 | 175,718.7 | 209,746.6 | 17.5% |
| Asia Pacific | 21,729.1 | 25,398.2 | 29,823.3 | 33,477.6 | 39,435.6 | 46,721.8 | 55,569.4 | 66,363.5 | 79,596.9 | 95,903.5 | 116,103.3 | 141,258.6 | 172,757.4 | 212,423.4 | 21.1% |
| Latin America | 10,965.5 | 12,524.2 | 14,379.7 | 15,793.2 | 18,213.2 | 21,137.3 | 24,639.4 | 28,854.7 | 33,954.0 | 40,155.1 | 47,737.5 | 57,059.5 | 68,584.8 | 82,917.2 | 18.9% |
| MEA | 12,730.2 | 14,693.2 | 17,045.1 | 18,911.8 | 22,143.8 | 25,817.8 | 30,388.0 | 35,927.2 | 42,674.4 | 50,936.0 | 61,107.0 | 73,696.3 | 89,366.4 | 108,984.1 | 20.0% |
| Overall | 122,911.8 | 139,935.1 | 160,155.7 | 175,341.0 | 201,569.4 | 233,192.6 | 270,975.7 | 316,339.7 | 371,081.3 | 437,487.4 | 518,483.4 | 617,813.4 | 740,313.5 | 892,267.6 | 18.6% |
Related regional statistics
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