Cold Storage Market by End-user, Type, and Geography - Forecast and Analysis 2023-2027

The cold storage market size is forecast to increase by USD 118.3 billion from 2022 to 2027, at a CAGR of 13.47%, according to the recent market study by Technavio. The report includes historic market data from 2017 to 2021. In 2017, the market was valued at USD 48.71 billion. The growth of the market will be driven by the rising awareness about reducing wastage of food, growing consumption of frozen food, and compliance with regulations. Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report

 Technavio has announced its latest market research report titled Global Cold Storage Market 2023-2027

 

Technavio has extensively analyzed 15 major vendors, including Americold Realty Operating Partnership LP, Beijing Howcool Refrigeration Technology Co. Ltd., Burris Logistics, Changzhou Yuyan Refrigeration Equipment Co. Ltd., Coldman Logistics Pvt.Ltd., Commercial Cold Storage Group Ltd., Congebec Logistics Inc., Holt Logistics Corp., Interstate Cold Storage Inc., John Swire and Sons Ltd., Lineage Logistics Holdings LLC, NewCold Cooperatief UA, Nichirei Corp., Nilkamal Ltd., Nor AM Cold Storage Inc., RSA Global DWC LLC, Snowman Logistics Ltd., Stellar Development Foundation, VersaCold Logistics Services, and Wabash Valley Cold Storage.

 

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Key Benefits for Industry Players & Stakeholders – 

The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

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Customer Landscape - Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio

One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage. Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.Furthermore, market adoption rates for all regions have been covered.

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The market is segmented by end-user (meat and seafood, fruits and vegetables, bakery and confectionery, dairy and frozen products, and others), type (private, semi-private, and public), and geography (APAC, North America, Europe, South America, and Middle East and Africa).

Segmentation by End-user (Inclusion/Exclusion)

The market growth in the meat and seafood segment will be significant during the forecast period. The shelf life of meat and seafood products is limited, and hence they require refrigeration to ensure quality. With the rising consumption of meat worldwide, the segment will witness considerable growth in the market over the forecast period.

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What are the key data covered in this cold storage market report?

CAGR of the market during the forecast periodDetailed information on factors that will drive the growth of the cold storage market between 2023 and 2027Precise estimation of the size of the cold storage market and its contribution to the parent marketAccurate predictions about upcoming trends and changes in consumer behaviorGrowth of the cold storage market industry across APAC, North America, Europe, South America, and Middle East and AfricaA thorough analysis of the market's competitive landscape and detailed information about vendorsComprehensive analysis of factors that will challenge the growth of cold storage market vendors

Related Reports:

The FMCG logistics market in Europe is estimated to grow at a CAGR of 4% between 2022 and 2027. The size of the market is forecast to increase by USD 40.18 billion. The increasing adoption of technology in the logistics industry is notably driving the market growth, although factors such as the high cost of operations in the FMCG industry may impede the market growth.The food and beverage cold chain logistics market is estimated to decline at a CAGR of 10.47% between 2022 and 2027. The size of the market is forecast to increase by USD 85,158.51 million. The rising consumption of frozen food is notably driving the market growth, although factors such as the high cost involved in building and operating cold chains may impede the market growth.

Cold Storage Market Scope

Report Coverage

Details

Page number

168

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 13.47%

Market growth 2023-2027

USD 118.3 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

17.62

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 45%

Key countries

US, India, China, Japan, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Americold Realty Operating Partnership LP, Beijing Howcool Refrigeration Technology Co. Ltd., Burris Logistics, Changzhou Yuyan Refrigeration Equipment Co. Ltd., Coldman Logistics Pvt.Ltd., Commercial Cold Storage Group Ltd., Congebec Logistics Inc., Holt Logistics Corp., Interstate Cold Storage Inc., John Swire and Sons Ltd., Lineage Logistics Holdings LLC, NewCold Cooperatief UA, Nichirei Corp., Nilkamal Ltd., Nor AM Cold Storage Inc., RSA Global DWC LLC, Snowman Logistics Ltd., Stellar Development Foundation, VersaCold Logistics Services, and Wabash Valley Cold Storage

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Table of contents:

1 Executive Summary

1.1 Market overview Exhibit 01: Executive Summary – Chart on Market OverviewExhibit 02: Executive Summary – Data Table on Market OverviewExhibit 03: Executive Summary – Chart on Global Market CharacteristicsExhibit 04: Executive Summary – Chart on Market by GeographyExhibit 05: Executive Summary – Chart on Market Segmentation by End-userExhibit 06: Executive Summary – Chart on Market Segmentation by TypeExhibit 07: Executive Summary – Chart on Incremental GrowthExhibit 08: Executive Summary – Data Table on Incremental GrowthExhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem Exhibit 10: Parent marketExhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition Exhibit 12: Offerings of vendors included in the market definition3.2 Market segment analysis Exhibit 13: Market segments3.3 Market size 20223.4 Market outlook: Forecast for 2022-2027 Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global cold storage market 2017 - 2021 Exhibit 18: Historic Market Size – Data Table on Global cold storage market 2017 - 2021 ($ billion)4.2 End-user Segment Analysis 2017 - 2021 Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)4.3 Type Segment Analysis 2017 - 2021 Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ billion)4.4 Geography Segment Analysis 2017 - 2021 Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)4.5 Country Segment Analysis 2017 - 2021 Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary Exhibit 23: Five forces analysis - Comparison between 2022 and 20275.2 Bargaining power of buyers Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 20275.3 Bargaining power of suppliers Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 20275.4 Threat of new entrants Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 20275.5 Threat of substitutes Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 20275.6 Threat of rivalry Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 20275.7 Market condition Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

6.1 Market segments Exhibit 30: Chart on End-user - Market share 2022-2027 (%)Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)6.2 Comparison by End-user Exhibit 32: Chart on Comparison by End-userExhibit 33: Data Table on Comparison by End-user6.3 Meat and seafood - Market size and forecast 2022-2027Exhibit 34: Chart on Meat and seafood - Market size and forecast 2022-2027 ($ billion)Exhibit 35: Data Table on Meat and seafood - Market size and forecast 2022-2027 ($ billion)Exhibit 36: Chart on Meat and seafood - Year-over-year growth 2022-2027 (%)Exhibit 37: Data Table on Meat and seafood - Year-over-year growth 2022-2027 (%)6.4 Fruits and vegetables - Market size and forecast 2022-2027 Exhibit 38: Chart on Fruits and vegetables - Market size and forecast 2022-2027 ($ billion)Exhibit 39: Data Table on Fruits and vegetables - Market size and forecast 2022-2027 ($ billion)Exhibit 40: Chart on Fruits and vegetables - Year-over-year growth 2022-2027 (%)Exhibit 41: Data Table on Fruits and vegetables - Year-over-year growth 2022-2027 (%)6.5 Bakery and confectionery - Market size and forecast 2022-2027 Exhibit 42: Chart on Bakery and confectionery - Market size and forecast 2022-2027 ($ billion)Exhibit 43: Data Table on Bakery and confectionery - Market size and forecast 2022-2027 ($ billion)Exhibit 44: Chart on Bakery and confectionery - Year-over-year growth 2022-2027 (%)Exhibit 45: Data Table on Bakery and confectionery - Year-over-year growth 2022-2027 (%)6.6 Dairy and frozen products - Market size and forecast 2022-2027 Exhibit 46: Chart on Dairy and frozen products - Market size and forecast 2022-2027 ($ billion)Exhibit 47: Data Table on Dairy and frozen products - Market size and forecast 2022-2027 ($ billion)Exhibit 48: Chart on Dairy and frozen products - Year-over-year growth 2022-2027 (%)Exhibit 49: Data Table on Dairy and frozen products - Year-over-year growth 2022-2027 (%)6.7 Others - Market size and forecast 2022-2027Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)6.8 Market opportunity by End-user Exhibit 54: Market opportunity by End-user ($ billion)

7 Market Segmentation by Type

7.1 Market segments Exhibit 55: Chart on Type - Market share 2022-2027 (%)Exhibit 56: Data Table on Type - Market share 2022-2027 (%)7.2 Comparison by Type Exhibit 57: Chart on Comparison by TypeExhibit 58: Data Table on Comparison by Type7.3 Private and semi-private - Market size and forecast 2022-2027 Exhibit 59: Chart on Private and semi-private - Market size and forecast 2022-2027 ($ billion)Exhibit 60: Data Table on Private and semi-private - Market size and forecast 2022-2027 ($ billion)Exhibit 61: Chart on Private and semi-private - Year-over-year growth 2022-2027 (%)Exhibit 62: Data Table on Private and semi-private - Year-over-year growth 2022-2027 (%)7.4 Public - Market size and forecast 2022-2027Exhibit 63: Chart on Public - Market size and forecast 2022-2027 ($ billion)Exhibit 64: Data Table on Public - Market size and forecast 2022-2027 ($ billion)Exhibit 65: Chart on Public - Year-over-year growth 2022-2027 (%)Exhibit 66: Data Table on Public - Year-over-year growth 2022-2027 (%)7.5 Market opportunity by Type Exhibit 67: Market opportunity by Type ($ billion)

8 Customer Landscape

8.1 Customer landscape overview Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation Exhibit 69: Chart on Market share by geography 2022-2027 (%)Exhibit 70: Data Table on Market share by geography 2022-2027 (%)9.2 Geographic comparison Exhibit 71: Chart on Geographic comparisonExhibit 72: Data Table on Geographic comparison9.3 APAC - Market size and forecast 2022-2027Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion)Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)9.4 North America - Market size and forecast 2022-2027Exhibit 77: Chart on North America - Market size and forecast 2022-2027 ($ billion)Exhibit 78: Data Table on North America - Market size and forecast 2022-2027 ($ billion)Exhibit 79: Chart on North America - Year-over-year growth 2022-2027 (%)Exhibit 80: Data Table on North America - Year-over-year growth 2022-2027 (%)9.5 Europe - Market size and forecast 2022-2027Exhibit 81: Chart on Europe - Market size and forecast 2022-2027 ($ billion)Exhibit 82: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)Exhibit 83: Chart on Europe - Year-over-year growth 2022-2027 (%)Exhibit 84: Data Table on Europe - Year-over-year growth 2022-2027 (%)9.6 South America - Market size and forecast 2022-2027Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ billion)Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ billion)Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)9.7 Middle East and Africa - Market size and forecast 2022-2027 Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)9.8 India - Market size and forecast 2022-2027Exhibit 93: Chart on India - Market size and forecast 2022-2027 ($ billion)Exhibit 94: Data Table on India - Market size and forecast 2022-2027 ($ billion)Exhibit 95: Chart on India - Year-over-year growth 2022-2027 (%)Exhibit 96: Data Table on India - Year-over-year growth 2022-2027 (%)9.9 US - Market size and forecast 2022-2027Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ billion)Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ billion)Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)9.10 China - Market size and forecast 2022-2027Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ billion)Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ billion)Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)9.11 Japan - Market size and forecast 2022-2027Exhibit 105: Chart on Japan - Market size and forecast 2022-2027 ($ billion)Exhibit 106: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)Exhibit 107: Chart on Japan - Year-over-year growth 2022-2027 (%)Exhibit 108: Data Table on Japan - Year-over-year growth 2022-2027 (%)9.12 UK - Market size and forecast 2022-2027Exhibit 109: Chart on UK - Market size and forecast 2022-2027 ($ billion)Exhibit 110: Data Table on UK - Market size and forecast 2022-2027 ($ billion)Exhibit 111: Chart on UK - Year-over-year growth 2022-2027 (%)Exhibit 112: Data Table on UK - Year-over-year growth 2022-2027 (%)9.13 Market opportunity by geography Exhibit 113: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers10.2 Market challenges10.3 Impact of drivers and challenges Exhibit 114: Impact of drivers and challenges in 2022 and 202710.4 Market trends

11 Vendor Landscape

11.1 Overview11.2 Vendor landscape Exhibit 115: Overview on Criticality of inputs and Factors of differentiation11.3 Landscape disruption Exhibit 116: Overview on factors of disruption11.4 Industry risks Exhibit 117: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered Exhibit 118: Vendors covered12.2 Market positioning of vendors Exhibit 119: Matrix on vendor position and classification12.3 Americold Realty Operating Partnership LPExhibit 120: Americold Realty Operating Partnership LP - OverviewExhibit 121: Americold Realty Operating Partnership LP - Business segmentsExhibit 122: Americold Realty Operating Partnership LP - Key offeringsExhibit 123: Americold Realty Operating Partnership LP - Segment focus12.4 Beijing Howcool Refrigeration Technology Co. Ltd.Exhibit 124: Beijing Howcool Refrigeration Technology Co. Ltd. - OverviewExhibit 125: Beijing Howcool Refrigeration Technology Co. Ltd. - Product / ServiceExhibit 126: Beijing Howcool Refrigeration Technology Co. Ltd. - Key offerings12.5 Burris Logistics Exhibit 127: Burris Logistics - OverviewExhibit 128: Burris Logistics - Product / ServiceExhibit 129: Burris Logistics - Key offerings12.6 Changzhou Yuyan Refrigeration Equipment Co. Ltd.Exhibit 130: Changzhou Yuyan Refrigeration Equipment Co. Ltd. - OverviewExhibit 131: Changzhou Yuyan Refrigeration Equipment Co. Ltd. - Product / ServiceExhibit 132: Changzhou Yuyan Refrigeration Equipment Co. Ltd. - Key offerings12.7 Commercial Cold Storage Group Ltd. Exhibit 133: Commercial Cold Storage Group Ltd. - OverviewExhibit 134: Commercial Cold Storage Group Ltd. - Product / ServiceExhibit 135: Commercial Cold Storage Group Ltd. - Key offerings12.8 Congebec Logistics Inc. Exhibit 136: Congebec Logistics Inc. - OverviewExhibit 137: Congebec Logistics Inc. - Product / ServiceExhibit 138: Congebec Logistics Inc. - Key offerings12.9 Holt Logistics Corp. Exhibit 139: Holt Logistics Corp. - OverviewExhibit 140: Holt Logistics Corp. - Product / ServiceExhibit 141: Holt Logistics Corp. - Key offerings12.10 Interstate Cold Storage Inc. Exhibit 142: Interstate Cold Storage Inc. - OverviewExhibit 143: Interstate Cold Storage Inc. - Product / ServiceExhibit 144: Interstate Cold Storage Inc. - Key offerings12.11 John Swire and Sons Ltd. Exhibit 145: John Swire and Sons Ltd. - OverviewExhibit 146: John Swire and Sons Ltd. - Business segmentsExhibit 147: John Swire and Sons Ltd. - Key offeringsExhibit 148: John Swire and Sons Ltd. - Segment focus12.12 Lineage Logistics Holdings LLC Exhibit 149: Lineage Logistics Holdings LLC - OverviewExhibit 150: Lineage Logistics Holdings LLC - Product / ServiceExhibit 151: Lineage Logistics Holdings LLC - Key newsExhibit 152: Lineage Logistics Holdings LLC - Key offerings12.13 NewCold Cooperatief UA Exhibit 153: NewCold Cooperatief UA - OverviewExhibit 154: NewCold Cooperatief UA - Product / ServiceExhibit 155: NewCold Cooperatief UA - Key offerings12.14 Nichirei Corp. Exhibit 156: Nichirei Corp. - OverviewExhibit 157: Nichirei Corp. - Business segmentsExhibit 158: Nichirei Corp. - Key offeringsExhibit 159: Nichirei Corp. - Segment focus12.15 Stellar Development Foundation Exhibit 160: Stellar Development Foundation - OverviewExhibit 161: Stellar Development Foundation - Product / ServiceExhibit 162: Stellar Development Foundation - Key offerings12.16 VersaCold Logistics Services Exhibit 163: VersaCold Logistics Services - OverviewExhibit 164: VersaCold Logistics Services - Product / ServiceExhibit 165: VersaCold Logistics Services - Key offerings12.17 Wabash Valley Cold Storage Exhibit 166: Wabash Valley Cold Storage - OverviewExhibit 167: Wabash Valley Cold Storage - Product / ServiceExhibit 168: Wabash Valley Cold Storage - Key offerings

13 Appendix

13.1 Scope of the report13.2 Inclusions and exclusions checklist Exhibit 169: Inclusions checklistExhibit 170: Exclusions checklist13.3 Currency conversion rates for US$ Exhibit 171: Currency conversion rates for US$13.4 Research methodology Exhibit 172: Research methodologyExhibit 173: Validation techniques employed for market sizingExhibit 174: Information sources13.5 List of abbreviations Exhibit 175: List of abbreviations

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