North America Cold Storage Market Size & Outlook

The cold storage market in North America is expected to reach a projected revenue of US$ 134,980.7 million by 2030. A compound annual growth rate of 16.7% is expected of North America cold storage market from 2025 to 2030.
Revenue, 2024 (US$M)
$54,398.5
Forecast, 2030 (US$M)
$134,980.7
CAGR, 2025 - 2030
16.7%
Report Coverage
North America

North America cold storage market highlights

  • The North America cold storage market generated a revenue of USD 54,398.5 million in 2024.
  • The market is expected to grow at a CAGR of 16.7% from 2025 to 2030.
  • In terms of segment, facilities was the largest revenue generating storage in 2024.
  • Equipment is the most lucrative storage segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2025 to 2030.

North America data book summary

Market revenue in 2024USD 54,398.5 million
Market revenue in 2030USD 134,980.7 million
Growth rate16.7% (CAGR from 2025 to 2030)
Largest segmentFacilities
Fastest growing segmentEquipment
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFacilities, Equipment
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, North America region accounted for 34.1% of the global cold storage market in 2024.
  • 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 103,916.9 million by 2030.

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Cold Storage Market Companies

Name Profile # Employees HQ Website

North America 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.


Facilities was the largest segment with a revenue share of 105.59% in 2024. Horizon Databook has segmented the North America cold storage market based on facilities, equipment covering the revenue growth of each sub-segment from 2018 to 2030.


The cold storage market in North America is experiencing steady growth due to the rising demand for temperature-controlled storage and transportation of perishable products such as food, pharmaceuticals, and vaccines.

Factors such as the growing population, rising disposable income, and changing consumer preferences toward fresh and healthy food products are driving the demand for cold storages in North America. The growth of the pharmaceutical industry and the need for efficient storage and transportation of temperature-sensitive drugs are also contributing to the market's growth.

The COVID-19 pandemic has also highlighted the importance of a robust cold storage infrastructure for the safe and efficient distribution of vaccines and other medical supplies, which has further accelerated the adoption of cold storages in North America.

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Horizon Databook provides a detailed overview of continent-level data and insights on the North America cold storage market , including forecasts for subscribers. This continent databook contains high-level insights into North America cold storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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North America cold storage market size, by country, 2018-2030 (US$M)

North America Cold Storage Market Outlook Share, 2024 & 2030 (US$M)

North America cold storage market size, by country, 2018-2030 (US$M)

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