U.S. Cold Storage Market Size & Outlook, 2023-2030
U.S. cold storage market, 2018-2030 (US$M)
Related Markets
U.S. cold storage market highlights
- The U.S. cold storage market generated a revenue of USD 39.7 million in 2023 and is expected to reach USD 96.9 million by 2030.
- The U.S. market is expected to grow at a CAGR of 13.6% 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 39.7 million |
| Market revenue in 2030 | USD 96.9 million |
| Growth rate | 13.6% (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, U.S. accounted for 24.9% 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 North America, U.S. cold storage market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 48.4 million by 2030.
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Cold Storage Market Scope
Cold Storage Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 78.34% in 2023. Horizon Databook has segmented the U.S. cold storage market based on private & semi private, public covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. cold storage market includes 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.
One of the major drivers of the U.S. cold storage market is the increasing demand for fresh and frozen foods. Consumers are increasingly seeking fresh, healthy, and 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. The other factor driving the growth of the U.S. cold storage market is the growth of the e-commerce marketplace.
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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 country-level data and insights on the U.S. cold storage market , including forecasts for subscribers. This country databook contains high-level insights into U.S. cold storage market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. cold storage market size, by warehousea type, 2018-2030 (US$M)
U.S. Cold Storage Market Outlook Share, 2023 & 2030 (US$M)
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