Global Cold Storage Market Size & Outlook, 2024-2030
Global cold storage market, 2018-2030 (US$M)
Related Markets
Global cold storage market highlights
- The global cold storage market generated a revenue of USD 159,736.5 million in 2024 and is expected to reach USD 427,626.3 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 18.1% by 2030.
- In terms of segment, facilities accounted for a revenue of USD 165,900.4 million in 2024.
- Equipment is the most lucrative storage segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 159,736.5 million |
| Market revenue in 2030 | USD 427,626.3 million |
| Growth rate | 18.1% (CAGR from 2025 to 2030) |
| Largest segment | Facilities |
| Fastest growing segment | Equipment |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Facilities, Equipment |
Other key industry trends
- In terms of revenue, the North America accounted for 34.1% of the global cold storage market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 18,258.3 million by 2030.
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Cold Storage Market Scope
Cold Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cold storage 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 storage market will help companies and investors design strategic landscapes.
Facilities was the largest segment with a revenue share of 103.86% in 2024. Horizon Databook has segmented the Global cold storage market based on facilities, equipment covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Cold Storage Storage Outlook (Revenue, USD Million, 2018-2030)
- Facilities
- Refrigerated Warehouse
- Private & Semi-Private
- Public
- Cold Room
- Refrigerated Warehouse
- Equipment
- Blast Freezer
- Walk-in Cooler and Freezer
- Deep Freezer
- Others
- Facilities
- Global Cold Storage Temperature Range Outlook (Revenue, USD Million, 2018-2030)
- Chilled
- Frozen
- Deep Frozen
- Global Cold Storage Application Outlook (Revenue, USD Million, 2018-2030)
- 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 storage market databook
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Our clientele includes a mix of cold storage market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global cold storage market , including forecasts for subscribers. This global databook contains high-level insights into Global cold storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global cold storage market size, by regions, 2018-2030 (US$M)
Top 10 countries: Cold storage market size, 2024 (US$M)
Global cold storage market share, by storage, 2024 & 2030 (%, US$M)
Cold storage market: Opportunity assessment by country
Global cold storage market, by region, 2024 (US$M)
| Storage | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 27,210.0 | 30,520.8 | 32,743.9 | 36,822.4 | 41,800.0 | 47,578.3 | 54,398.5 | 62,487.7 | 72,130.3 | 83,684.9 | 97,602.7 | 114,456.9 | 134,980.7 | 16.7% |
| Europe | 19,536.8 | 21,968.6 | 23,628.9 | 26,683.9 | 30,322.8 | 34,608.3 | 39,679.3 | 45,709.0 | 52,915.6 | 61,574.4 | 72,032.9 | 84,734.2 | 100,245.9 | 17.0% |
| Asia Pacific | 13,819.2 | 16,083.7 | 17,895.1 | 20,893.9 | 24,535.8 | 28,924.6 | 34,238.2 | 40,703.2 | 48,609.0 | 58,328.0 | 70,339.3 | 85,264.9 | 103,916.9 | 20.6% |
| Latin America | 5,980.3 | 6,809.1 | 7,416.0 | 8,480.9 | 9,760.3 | 11,282.4 | 13,102.2 | 15,288.7 | 17,929.8 | 21,137.1 | 25,053.2 | 29,861.6 | 35,799.6 | 18.6% |
| MEA | 7,902.0 | 9,085.8 | 9,991.6 | 11,595.7 | 13,399.9 | 15,632.5 | 18,318.4 | 21,566.2 | 25,513.6 | 30,337.4 | 36,263.8 | 43,585.6 | 52,683.2 | 19.6% |
| Overall | 74,448.4 | 84,467.8 | 91,675.4 | 104,476.8 | 119,818.8 | 138,026.0 | 159,736.5 | 185,754.7 | 217,098.2 | 255,061.8 | 301,292.0 | 357,903.2 | 427,626.3 | 18.2% |
Related regional statistics
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