Europe Cold Storage Market Size & Outlook, 2023-2030
Europe cold storage market, 2018-2030 (US$M)
Related Markets
Europe cold storage market highlights
- The Europe cold storage market generated a revenue of USD 38.2 million in 2023.
- The market is expected to grow at a CAGR of 16.2% 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.
- Country-wise, Netherlands is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 38.2 million |
| Market revenue in 2030 | USD 109.3 million |
| Growth rate | 16.2% (CAGR from 2023 to 2030) |
| Largest segment | Public |
| 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, Europe region accounted for 23.9% 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 |
|---|
Europe 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 79.32% in 2023. Horizon Databook has segmented the Europe 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 Europe is driven by factors such as the increasing e-commerce industry, and the rising number of refrigerated warehouses, which demands cold storage equipment on a large scale.
However, the higher costs of cold storage equipment and lack of control by manufacturers and retailers over cold storage logistics services are expected to hamper market growth across Europe over the forecast period.
The COVID-19 pandemic has further highlighted the importance of a robust cold storage infrastructure for the safe and efficient distribution of vaccines and other medical supplies in Europe. The major players in the cold storage equipment market in this region include Carrier Global Corporation, Schmitz Cargobull, Thermo King Corporation, NewCold, and Seafrigo Group. These players are aggressively investing to make significant developments in the market.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe cold storage market , including forecasts for subscribers. This continent databook contains high-level insights into Europe cold storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe cold storage market size, by country, 2018-2030 (US$M)
Europe Cold Storage Market Outlook Share, 2023 & 2030 (US$M)
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