Australia Cold Storage Market Size & Outlook, 2023-2030
Australia cold storage market, 2018-2030 (US$M)
Related Markets
Australia cold storage market highlights
- The Australia cold storage market generated a revenue of USD 3.6 million in 2023 and is expected to reach USD 13.0 million by 2030.
- The Australia market is expected to grow at a CAGR of 20% from 2024 to 2030.
- In terms of segment, public 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.
Cold storage market data book summary
| Market revenue in 2023 | USD 3.6 million |
| Market revenue in 2030 | USD 13.0 million |
| Growth rate | 20% (CAGR from 2023 to 2030) |
| Largest segment | Public |
| Fastest growing segment | Public |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 2.3% of the global cold storage market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India cold storage market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 22.6 million by 2030.
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Cold Storage Market Scope
Cold Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Australia 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.
Public was the largest segment with a revenue share of 80.56% in 2023. Horizon Databook has segmented the Australia cold storage market based on private & semi private, public covering the revenue growth of each sub-segment from 2018 to 2030.
The cold storage market in Australia is growing rapidly owing to factors such as the increasing demand for frozen and refrigerated food products, the growth of the pharmaceutical industry, and the rise of ecommerce. Cold storage facilities are essential for preserving perishable products such as fruits, vegetables, dairy products, meat, and seafood.
The market growth is primarily driven by the food and beverage industry, which accounts for a majority of the demand for cold storage facilities. The growing demand for convenience food and ready-to-eat meals has further led to an increase in the production and storage of frozen food products.
Additionally, the rise of online grocery shopping and food delivery services has also increased the demand for cold storage facilities. Some of the key players in the cold storage market in Australia include Americold Logistics, Emergent Cold, NewCold, and Swire Cold Storage.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia cold storage market , including forecasts for subscribers. This country databook contains high-level insights into Australia cold storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia cold storage market size, by warehousea type, 2018-2030 (US$M)
Australia Cold Storage Market Outlook Share, 2023 & 2030 (US$M)
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