Canada Cold Storage Market Size & Outlook, 2023-2030

The cold storage market in Canada is expected to reach a projected revenue of US$ 48.4 million by 2030. A compound annual growth rate of 18.7% is expected of Canada cold storage market from 2024 to 2030.
Revenue, 2023 (US$M)
$14.6
Forecast, 2030 (US$M)
$48.4
CAGR, 2024 - 2030
18.7%
Report Coverage
Canada

Canada cold storage market highlights

  • The Canada cold storage market generated a revenue of USD 14.6 million in 2023 and is expected to reach USD 48.4 million by 2030.
  • The Canada market is expected to grow at a CAGR of 18.7% 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 2023USD 14.6 million
Market revenue in 2030USD 48.4 million
Growth rate18.7% (CAGR from 2023 to 2030)
Largest segmentPublic
Fastest growing segmentPublic
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPrivate & semi private, Public
Key market players worldwideAmericold 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, Canada accounted for 9.1% 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 North America, U.S. cold storage market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 48.4 million by 2030.

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Cold Storage Market Companies

Name Profile # Employees HQ Website

Canada 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 76.03% in 2023. Horizon Databook has segmented the Canada cold storage market based on private & semi private, public covering the revenue growth of each sub-segment from 2018 to 2030.


The Canadian cold storage market is driven by multiple factors, including growing exports, technological advancements, and changing demographics across the country. The export market for Canadian temperature-sensitive products, such as seafood and meat, has witnessed growth in recent years.

This has led to an increase in the demand for cold storage logistics services capable of handling the complex requirements of international shipping. The other factor responsible for the growth of the Canadian cold storage market includes technological advancements in the cold storage industry, such as real-time monitoring and tracking systems, which have improved the efficiency and safety of cold storage logistics.

Such technologies have made it easier for companies to transport and store temperature-sensitive products and have contributed to the growth of the Canadian cold storage market.

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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 country-level data and insights on the Canada cold storage market , including forecasts for subscribers. This country databook contains high-level insights into Canada cold storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada cold storage market size, by warehousea type, 2018-2030 (US$M)

Canada Cold Storage Market Outlook Share, 2023 & 2030 (US$M)

Canada cold storage market size, by warehousea type, 2018-2030 (US$M)

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