Singapore Cold Storage Market Size & Outlook, 2024-2030
Singapore cold storage market, 2018-2030 (US$M)
Related Markets
Singapore cold storage market highlights
- The Singapore cold storage market generated a revenue of USD 2,624.6 million in 2024 and is expected to reach USD 8,192.8 million by 2030.
- The Singapore market is expected to grow at a CAGR of 21.2% 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.
Cold storage market data book summary
| Market revenue in 2024 | USD 2,624.6 million |
| Market revenue in 2030 | USD 8,192.8 million |
| Growth rate | 21.2% (CAGR from 2025 to 2030) |
| Largest segment | Facilities |
| Fastest growing segment | Equipment |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Facilities, Equipment |
| 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, Singapore accounted for 1.6% of the global cold storage market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India cold storage market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 18,258.3 million by 2030.
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Cold Storage Market Scope
Cold Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Singapore 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 99.42% in 2024. Horizon Databook has segmented the Singapore cold storage market based on facilities, equipment covering the revenue growth of each sub-segment from 2018 to 2030.
The cold storage market in Singapore is developing rapidly. It comprises transporting, storing, and distributing temperature-sensitive products, including food and beverages, pharmaceuticals, and other perishable products.
The market is driven by various factors, including changing consumer preferences, increasing demand for fresh and frozen foods, and the growth of e-commerce. Consumers increasingly seek fresh, healthy, locally sourced foods and are willing to pay a premium price for high-quality products.
This has increased the demand for cold storage logistics services as companies seek to ensure that their products are delivered to consumers in optimal conditions.
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Our clientele includes a mix of cold storage market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Singapore cold storage market , including forecasts for subscribers. This country databook contains high-level insights into Singapore cold storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Singapore cold storage market size, by storage, 2018-2030 (US$M)
Singapore Cold Storage Market Outlook Share, 2024 & 2030 (US$M)
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