Germany Cold Chain Market Size & Outlook, 2023-2030
Germany cold chain market, 2017-2030 (US$M)
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Germany cold chain market highlights
- The Germany cold chain market generated a revenue of USD 8,800.7 million in 2023 and is expected to reach USD 23,566.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 15.1% from 2024 to 2030.
- In terms of segment, storage was the largest revenue generating type in 2023.
- Monitoring Components is the most lucrative type segment registering the fastest growth during the forecast period.
Cold chain market data book summary
| Market revenue in 2023 | USD 8,800.7 million |
| Market revenue in 2030 | USD 23,566.5 million |
| Growth rate | 15.1% (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 |
Other key industry trends
- In terms of revenue, Germany accounted for 3.2% of the global cold chain market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK cold chain market is projected to lead the regional market in terms of revenue in 2030.
- Netherlands is the fastest growing regional market in Europe and is projected to reach USD 20,300.5 million by 2030.
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Cold Chain Market Scope
Cold Chain Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 51.35% in 2023. Horizon Databook has segmented the Germany cold chain market based on storage, transportation, packaging, monitoring components covering the revenue growth of each sub-segment from 2017 to 2030.
The cold chain market in Germany is growing due to the development of advanced refrigeration technologies. The introduction of smart refrigeration systems and IoT-enabled monitoring systems is increasing the efficiency of the cold chain and improving the quality of perishable goods. Further, the COVID-19 pandemic has accelerated the adoption of cold chain equipment, storage, and logistics in Germany, with the urgent need for the safe and efficient distribution of vaccines and other medical supplies.
Cold chain companies in Germany are entering into partnerships and joint agreements to stay ahead in the market. For instance, in 2022, Schmitz Cargobull announced a strategic partnership with TIP Group, a trailer and trucking services provider. The partnership aimed to enable transport and logistics companies to utilize telematics systems and services offered by both companies. It aimed to automatically transfer trailer data to the TIP Group Insight system to standardize, consolidate, and interoperate the generated data.
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Our clientele includes a mix of cold chain 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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Horizon Databook provides a detailed overview of country-level data and insights on the Germany cold chain market , including forecasts for subscribers. This country databook contains high-level insights into Germany cold chain market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany cold chain market size, by type, 2017-2030 (US$M)
Germany Cold Chain Market Outlook Share, 2023 & 2030 (US$M)
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