Middle East & Africa Cold Storage Market Size & Outlook
Middle East & Africa cold storage market, 2018-2030 (US$M)
Related Markets
MEA cold storage market highlights
- The MEA cold storage market generated a revenue of USD 19.1 million in 2023.
- The market is expected to grow at a CAGR of 17.5% 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, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 19.1 million |
| Market revenue in 2030 | USD 59.2 million |
| Growth rate | 17.5% (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, MEA region accounted for 12.0% 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 |
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Middle East & Africa 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 64.92% in 2023. Horizon Databook has segmented the Middle East & Africa cold storage market based on private & semi private, public covering the revenue growth of each sub-segment from 2018 to 2030.
The Middle East has seen a steady increase in the adoption of cold storages in recent years. The cold storage, which refers to the system used to maintain the temperature of perishable goods from production to consumption, is an essential component of the food industry.
The increasing demand for fresh and frozen food products and the rise in food safety regulations have driven the growth of the cold storage market in the Middle East. One of the factors driving the adoption of cold storages in the Middle East is the growth of the food and beverage industry.
The region has witnessed a rise in the demand for fresh and processed food products, which has led to an increase in the need for refrigeration and freezing equipment. Additionally, the number of supermarkets and hypermarkets in the region has increased the demand for cold storage solutions, including walk-in freezers and refrigerators.
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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 continent-level data and insights on the Middle East & Africa cold storage market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa cold storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA cold storage market size, by country, 2018-2030 (US$M)
Middle East & Africa Cold Storage Market Outlook Share, 2023 & 2030 (US$M)
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