Germany Cold Storage Market Size & Outlook, 2023-2030
Germany cold storage market, 2018-2030 (US$M)
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Germany cold storage market highlights
- The Germany cold storage market generated a revenue of USD 5.5 million in 2023 and is expected to reach USD 13.5 million by 2030.
- The Germany market is expected to grow at a CAGR of 13.7% 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 2023 | USD 5.5 million |
| Market revenue in 2030 | USD 13.5 million |
| Growth rate | 13.7% (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, Germany accounted for 3.5% 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 Europe, Germany cold storage market is projected to lead the regional market in terms of revenue in 2030.
- Netherlands is the fastest growing regional market in Europe and is projected to reach USD 6.6 million by 2030.
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Cold Storage Market Scope
Cold Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 78.18% in 2023. Horizon Databook has segmented the Germany 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 Germany is growing due to the development of advanced refrigeration technologies. The introduction of smart refrigeration systems and IoT-enabled monitoring systems is increasing the efficiency of the cold storage and improving the quality of perishable goods.
Further, the COVID-19 pandemic has accelerated the adoption of cold storage equipment, storage, and logistics in Germany, with the urgent need for the safe and efficient distribution of vaccines and other medical supplies. Cold storage equipment companies in Germany are entering into partnerships and joint agreements to stay ahead in the market.
For instance, in 2022, Schmitz Cargobull announced a strategic partnership with TIP Group, a trailer and trucking services provider. The partnership aimed to enable transport and logistics companies to utilize telematics systems and services offered by both companies. It aimed to automatically transfer trailer data to the TIP Group Insight system to standardize, consolidate, and interoperate the generated data.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany cold storage market , including forecasts for subscribers. This country databook contains high-level insights into Germany cold storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany cold storage market size, by warehousea type, 2018-2030 (US$M)
Germany Cold Storage Market Outlook Share, 2023 & 2030 (US$M)
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