Asia Pacific Cold Storage Market Size & Outlook, 2023-2030
Asia Pacific cold storage market, 2018-2030 (US$M)
Related Markets
Asia Pacific cold storage market highlights
- The Asia Pacific cold storage market generated a revenue of USD 35.3 million in 2023.
- The market is expected to grow at a CAGR of 20.5% from 2024 to 2030.
- In terms of segment, private & semi private was the largest revenue generating warehousea type in 2023.
- Public is the most lucrative warehousea type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 35.3 million |
| Market revenue in 2030 | USD 130.1 million |
| Growth rate | 20.5% (CAGR from 2023 to 2030) |
| Largest segment | Private & semi private |
| Fastest growing segment | Public |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Private & semi private, Public |
| Key market players worldwide | Americold Realty Trust Inc, Adecoagro SA, Burris Logistics, Barloworld Ltd, Lineage Logistics, Oxford Industries Inc, Oceana Group Ltd, Swire Pacific Ltd ADR, United States Cold Storage, JD Logistics Inc, Wabash National Corp |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.1% of the global cold storage market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 130.1 million by 2030.
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Cold Storage Market Scope
Cold Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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.
Private & semi private was the largest segment with a revenue share of 60.91% in 2023. Horizon Databook has segmented the Asia Pacific cold storage market based on private & semi private, public covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is the fastest-growing region in the global cold storage market. This can be attributed to the increased transit of temperature-sensitive pharmaceutical products and drugs in and out of the region owing to the COVID-19 pandemic.
Moreover, the expansion of the food industry in the region is anticipated to fuel market growth. The growing awareness of the importance of food safety among consumers in the Asia Pacific region, particularly when it comes to perishable goods, is leading to greater demand for cold storage logistics.
Cold storages help ensure that food products are stored and transported at the correct temperatures to prevent spoilage and contamination. In addition, the COVID-19 pandemic has increased the demand for products such as medical supplies, vaccines, and certain types of foods.
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Our clientele includes a mix of cold storage 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 continent-level data and insights on the Asia Pacific cold storage market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific cold storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific cold storage market size, by country, 2018-2030 (US$M)
Asia Pacific Cold Storage Market Outlook Share, 2023 & 2030 (US$M)
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