Canada Cold Chain Market Size & Outlook, 2024-2033
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Canada cold chain market highlights
- The Canada cold chain market generated a revenue of USD 22,520.7 million in 2024 and is expected to reach USD 110,123.9 million by 2033.
- The Canada market is expected to grow at a CAGR of 19.6% from 2025 to 2033.
- In terms of segment, storage was the largest revenue generating type in 2024.
- Transportation is the most lucrative type segment registering the fastest growth during the forecast period.
Cold chain market data book summary
| Market revenue in 2024 | USD 22,520.7 million |
| Market revenue in 2033 | USD 110,123.9 million |
| Growth rate | 19.6% (CAGR from 2025 to 2033) |
| Largest segment | Storage |
| Fastest growing segment | Transportation |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Storage, Transportation |
| Key market players worldwide | United States Cold Storage, Burris Logistics, Wabash National Corp, Newcold, Sonoco Products Co, United Parcel Service Inc Class B, A. P. Moller Maersk A/S ADR, Nichirei Corp, Tippmann Group / Interstate Warehousing / Tippmann Construction, Americold Realty Trust Inc, Lineage Logistics |
Other key industry trends
- In terms of revenue, Canada accounted for 7.1% of the global cold chain market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. cold chain market is projected to lead the regional market in terms of revenue in 2033.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 11,831.7 million by 2033.
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Cold Chain Market Scope
Cold Chain Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Lineage Logistics | View profile | 10001+ | Novi, Michigan, United States, North America | http://www.lineagelogistics.com |
| Americold Realty Trust Inc | View profile | 14706 | 10 Glenlake Parkway, South Tower, Suite 600, Atlanta, GA, United States, 30328 | https://www.americold.com |
| Tippmann Group / Interstate Warehousing / Tippmann Construction | View profile | 501-1000 | Fort Wayne, Indiana, United States, North America | http://tippmanngroup.com |
| Nichirei Corp | View profile | 18422 | 6-19-20 Tsukiji, Nichirei Higashi-Ginza Building, Chuo-ku, Tokyo, Japan, 104-8402 | http://www.nichirei.co.jp |
| Newcold | View profile | 1001-5000 | Breda, Noord-Brabant, The Netherlands, Europe | https://www.newcold.com/ |
| Wabash National Corp | View profile | 6700 | 3900 McCarty Lane, Lafayette, IN, United States, 47905 | https://ir.onewabash.com |
| Burris Logistics | View profile | 1001-5000 | Milford, Delaware, United States, North America | http://www.burrislogistics.com |
| United States Cold Storage | View profile | 5001-10000 | Camden, New Jersey, United States, North America | http://www.uscold.com/ |
| A. P. Moller Maersk A/S ADR | View profile | 100000 | Esplanaden 50, Copenhagen, Denmark, 1263 | https://www.maersk.com |
| United Parcel Service Inc Class B | View profile | 500000 | 55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, United States, 30328 | https://www.ups.com |
| Sonoco Products Co | View profile | 23000 | 1 N. Second Street, Hartsville, SC, United States, 29550 | http://www.sonoco.com |
Canada cold chain 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 chain market will help companies and investors design strategic landscapes.
Storage was the largest segment with a revenue share of 65.11% in 2024. Horizon Databook has segmented the Canada cold chain market based on storage, transportation covering the revenue growth of each sub-segment from 2021 to 2033.
The Canadian cold chain market is driven by multiple factors, including growing exports, technological advancements, and changing demographics across the country. The export market for Canadian temperature-sensitive products, such as seafood and meat, has witnessed growth in recent years. This has led to an increase in the demand for cold chain logistics services capable of handling the complex requirements of international shipping.
The other factor responsible for the growth of the Canadian cold chain market includes technological advancements in the cold chain industry, such as real-time monitoring and tracking systems, which have improved the efficiency and safety of cold chain logistics. Such technologies have made it easier for companies to transport and store temperature-sensitive products and have contributed to the growth of the Canadian cold chain market.
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Target buyers of Canada cold chain market databook
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Our clientele includes a mix of cold chain market companies, investment firms, advisory firms & academic institutions.
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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 Canada cold chain market , including forecasts for subscribers. This country databook contains high-level insights into Canada cold chain market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Canada cold chain market size, by type, 2021-2033 (US$M)
Canada Cold Chain Market Outlook Share, 2024 & 2033 (US$M)
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