According to Custom Market Insights (CMI), the Global Cold Storage Market size was valued at approximately USD 112 billion in 2021 and is projected to reach nearly USD 330 billion by the year 2030. This growth reflects a compound annual growth rate (CAGR) of 11% over the forecast period spanning from 2022 to 2030. The market research report provides a comprehensive 360-degree evaluation of the key drivers and restraints shaping the cold storage market, alongside an analysis of their influence on the market's demand trajectory throughout the forecast timeline. Moreover, the report delves into the global opportunities and delivers a detailed competitive assessment of the cold storage industry.

Global Cold Storage Market 2022–2030 (By Application)
Cold Storage Market: Overview

By the year 2050, the global population is expected to grow to 9.7 billion people, which implies a significant increase in the overall demand for food. At the same time, factors such as climate change and other regional challenges are making it increasingly difficult for farmers in various parts of the world to sustain agricultural productivity. As a solution, businesses are turning to cold storage systems to maintain the affordability and viability of food preservation. This emerging trend is projected to drive considerable growth in the global cold storage market.

To explore the complete details, trends, and in-depth insights into the Cold Storage Market based on parameters such as type (public, private/semi-private), construction type (ports, bulk storage, production stores), temperature (frozen, chilled), application (dairy, pharmaceuticals, fish, meat, seafood, fruits and vegetables, processed foods, others), and region, the full report is available at:
https://www.custommarketinsights.com/report/cold-storage-market/

Growth Factors

The market has experienced significant growth due to stringent regulations governing the production and distribution of goods that require temperature control. In particular, emerging economies with expanding organized retail sectors are contributing to the market’s anticipated rapid development over the coming years. Another major growth driver is the increased level of automation being implemented in refrigerated warehousing, which is enhancing efficiency and boosting demand.

Furthermore, the rising volume of international trade in perishable items is expected to play a crucial role in increasing demand for refrigerated storage solutions. However, cold chain logistics and shipping exert environmental pressure. As a result, there is a growing focus among suppliers and end users on developing environmentally sustainable temperature-controlled packaging solutions. Additionally, formal Corporate Social Responsibility (CSR) frameworks, strict governmental policies, and evolving consumer expectations are posing significant challenges in the development of effective and eco-friendly cold storage and packaging systems.

Global Cold Storage Market 2022–2030 (By Temperature)
Segmental Overview

The Cold Storage Market is segmented based on warehouse type, construction type, temperature range, and application. Among these, the public warehouse segment held a dominant position in 2021, accounting for over 65% of total global revenue. The market’s warehouse segmentation includes public warehouses and private/semi-private facilities. According to data from the Global Cold Chain Alliance, public warehouse space constitutes more than 75% of the refrigerated storage capacity in the United States. These facilities operate as independent commercial entities offering services such as storage, handling, and logistics for fixed or variable fees.

In terms of application, the seafood segment emerged as the leading contributor to market revenue in 2021, generating approximately 35% of total global income. The application-based segmentation of the cold storage industry includes categories such as processed food, dairy, fruits and vegetables, pharmaceuticals, and meat, fish, and seafood. Notably, continued advancements in seafood packaging technologies are expected to further strengthen the demand within this segment.

To access a free sample copy of the report, visit:
https://www.custommarketinsights.com/request-for-free-sample/?reportid=21658

Regional Overview

In 2021, North America stood out as the leading regional market, accounting for more than 35% of global revenue. This dominance is attributed to a high penetration of connected devices and a substantial consumer base across the region. Additionally, the expansion of warehouse networks and rising investments in logistics infrastructure are expected to foster growth, particularly in Mexico. These developments are anticipated to act as key catalysts driving the demand for cold chain solutions throughout the North American region.

Prominent Players

The major companies operating in the global cold storage market include:

  • Americold Logistics LLC

  • Lineage Logistics Holdings

  • Nichirei Corporation

  • The United States Cold Storage

  • Henningsen Cold Storage Co.

  • Tippmann Group

  • VersaCold Logistics Services

  • NewCold

  • Congebac Inc.

  • Snowman Logistics Pvt Ltd

  • Cloverleaf Cold Storage

  • Wabash National Corporation

https://www.custommarketinsights.com/report/cold-storage-market/