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Cold Storage Market Size

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Report ID: 6071
Published Date: Nov 15, 2024
Report Format: PDF, PPT

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Cold Storage Market Size

Cold Storage Market size was over USD 156.09 billion in 2024 and is poised to exceed USD 1.24 trillion by 2037, witnessing over 17.3% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of cold storage is evaluated at USD 177.69 billion.

The market growth can be attributed to the growing trade and demand for perishable goods. Perishable products, such as fruits and vegetables, dairy products, medicines, or other goods that have a short shelf life are those that break down quickly. According to the IATA Organization, perishables are a vital commodity in the air freight industry, making up approximately 15% of all air cargo worldwide in 2022.

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Cold Storage Market Size & Share, Growth Report 2037

Author Credits: Saima Khursheed

Report ID: 6071
Published Date: Nov 15, 2024
Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of cold storage is evaluated at USD 177.69 billion.

The cold storage market size was over USD 156.09 billion in 2024 and is poised to exceed USD 1.24 trillion by 2037, witnessing over 17.3% CAGR during the forecast period i.e., between 2025-2037. The market growth can be attributed to growing trade and demand for perishable goods.

North America industry is set to hold largest revenue share of 36% by 2037, impelled by growing abundance of connected devices and a sizable consumer base in the region.

The major players in the market are Dematic, Lineage Logistics Holdings, Americold Logistics LLC, NewCold, CASA(S) Pte Ltd., Burris Logistics, Cloverleaf Cold Storage, Gulf Drug LLC, Kloosterboer, Nordic Logistics, and others.

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