Global Cold Storage Market Size & Outlook, 2023-2030

The cold storage industry worldwide is expected to reach a projected revenue of US$ 485.3 million by 2030. A compound annual growth rate of 17.2% is expected of the worldwide cold storage industry from 2024 to 2030.
Revenue, 2023 (US$M)
$159.7
Forecast, 2030 (US$M)
$485.3
CAGR, 2024 - 2030
17.2%
Report Coverage
Worldwide

Global cold storage market highlights

  • The global cold storage market generated a revenue of USD 159.7 million in 2023 and is expected to reach USD 485.3 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 17.2% by 2030.
  • In terms of segment, public accounted for a revenue of USD 102.9 million in 2023.
  • Public is the most lucrative warehousea type segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 159.7 million
Market revenue in 2030USD 485.3 million
Growth rate17.2% (CAGR from 2023 to 2030)
Largest segmentPublic
Fastest growing segmentPublic
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPrivate & semi private, Public

Other key industry trends

  • In terms of revenue, the North America accounted for 36.0% of the global cold storage market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, UK is the fastest growing regional market and is projected to reach USD 11.4 million by 2030.

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Cold Storage Market Scope

Cold storage market segmentation & scope
Private & semi private
Public
Bulk storage
Production stores
Ports
Chilled
Frozen
Fruits & Vegetables
Dairy
Fish,Meat & Seafood
Processed Food
Pharmaceuticals

Cold Storage Market Companies

Name Profile # Employees HQ Website

Global 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 64.43% in 2023. Horizon Databook has segmented the Global cold storage market based on private & semi private, public covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Cold Storage Warehousea type Outlook (Revenue, USD Million, 2018-2030)
    • Private & semi private
    • Public
  • Global Cold Storage Construction type Outlook (Revenue, USD Million, 2018-2030)
    • Bulk storage
    • Production stores
    • Ports
  • Global Cold Storage Temperatur Type Outlook (Revenue, USD Million, 2018-2030)
    • Chilled
    • Frozen
  • Global Cold Storage Application Outlook (Revenue, USD Million, 2018-2030)
    • Fruits & Vegetables
    • Dairy
    • Fish,Meat & Seafood
    • Processed Food
    • Pharmaceuticals

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

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Global cold storage market size, by regions, 2018-2030 (US$M)

Top 10 countries: Cold storage market size, 2023 (US$M)

Global cold storage market share, by warehousea type, 2023 & 2030 (%, US$M)

Cold Storage Market: Opportunity Assessment By Country

Global cold storage market, by region, 2023 (US$M)

Global cold storage market size, by regions, 2018-2030 (US$M)

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