Market revenue in 2023 | USD 9,712.7 million |
Market revenue in 2030 | USD 32,455.3 million |
Growth rate | 18.8% (CAGR from 2023 to 2030) |
Largest segment | Storage |
Fastest growing segment | Monitoring Components |
Historical data | 2017 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Storage, Transportation, Packaging, Monitoring Components |
Key market players worldwide | United States Cold Storage, Burris Logistics, Wabash National Corp, Newcold, Sonoco Products Co, United Parcel Service Inc Class B, A. P. Moller Maersk A/S ADR, Nichirei Corp, Tippmann Group / Interstate Warehousing / Tippmann Construction, Americold Realty Trust Inc, Lineage Logistics |
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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 53.24% in 2023. Horizon Databook has segmented the China cold chain market based on storage, transportation, packaging, monitoring components covering the revenue growth of each sub-segment from 2017 to 2030.
China is a significant contributor to the Asia Pacific regional market. The market growth in China can be attributed to continuous advances in the packaging, processing, and storage of seafood products. Rising demand and growing cold chain infrastructure development have made China a top cold chain market.
Rising innovations in the pharmaceutical sector in China are also expected to boost the demand for cold chain equipment. The Chinese government actively supports the development of the cold chain logistics industry through investments in infrastructure, such as cold storage facilities, and policies aimed at improving food safety and quality.
Horizon Databook provides a detailed overview of country-level data and insights on the China cold chain market , including forecasts for subscribers. This country databook contains high-level insights into China cold chain market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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