Refrigerated Storage Market Report 2025 (Global Edition)

Global Refrigerated Storage Market Report 2024 Market Size Split by Storage Type (Facilities/Services, Refrigerated Warehouse, Private & Semi-Private, Public, Cold Room, Equipment, Blast freezer, Walk...

Refrigerated Storage Market Report Description

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Refrigerated Storage Market Insights Video

Competitive Landscape of the Refrigerated Storage Market

The competitive landscape of the Refrigerated Storage market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized Refrigerated Storage companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

Top Companies Market Share in Refrigerated Storage Industry: (In no particular order of Rank)

• Lineage Logistics Holdings (US)
• Americold Logistics LLC (US)
• Nichirei Corporation (Japan)
• AGRO Merchants Group
• United States Cold Storage
• Inc.
• VersaCold Logistics Services
• Interstate Warehousing
• Inc.
• Swire Cold Storage Pty Ltd.
• Cloverleaf Cold Storage Co.
• John Swire & Sons Pty Ltd.
• Kloosterboer Group BV
• Gati Kausar
• Henningsen Cold Storage Co.
• Preferred Freezer Services
• LLC
• NewCold Advanced Cold Logistics
• Burris Logistics
• Congebec Logistics Inc.
• Snowman Logistics Ltd.
• XPO Logistics
• Inc.
• ColdEX Logistics Pvt. Ltd.
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

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Regional Analysis of the Refrigerated Storage Market

Which Region Dominates the Refrigerated Storage Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. North America is experiencing a big increase in the refrigerated storage market because of factors inclusive of growing demand for perishable goods, advancements in refrigeration generation, and stringent meal protection guidelines. The area's sturdy infrastructure, coupled with growing purchaser choices for sparkling and superb products, is using the expansion of refrigerated storage facilities across various industries.

Which Region is Expanding at the Fastest CAGR?

Europe stands out as the fastest-growing region in the Refrigerated Storage market due to several compelling reasons. ?Europe is witnessing a burgeoning refrigerated garage marketplace propelled by factors that include growing demand for perishable items, technological advancements in refrigeration, and stringent food safety policies. With a focus on great sustainability, the vicinity is investing in cutting-edge bloodless chain infrastructure to fulfill evolving consumer options. This growth is similarly strengthened via growing exchange sports and the growth of e-trade platforms for groceries.

 

The current report Scope analyzes Refrigerated Storage Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Refrigerated Storage

According to Cognitive Market Research, the global Refrigerated Storage market size was estimated at USD 125484.2 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 50193.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Refrigerated Storage market with a market size of USD 39602.81 million in 2024 and is projected to grow at a CAGR of 16.0% during the forecast period. The demand is amplified by the food safety regulations.
• The Canada Refrigerated Storage market had a market share of USD 6023.24 million in 2024 and is projected to grow at a CAGR of 17.0% during the forecast period. Canada's growth in food retail sector.
• The Mexico Refrigerated Storage market is projected to witness growth at a CAGR of 16.7% during the forecast period, with a market size of USD 4567.62 million in 2024.

Europe Refrigerated Storage Market

According to Cognitive Market Research, the global Refrigerated Storage market size was estimated at USD 125484.2 Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD 37645.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.5% from 2024 to 2031.

• The United Kingdom Refrigerated Storage market had a market share of USD 6324.40 million in 2024 and is projected to grow at a CAGR of 17.3% during the forecast period. In the UK, Refrigerated Storage sales witness an upswing due to the increasing demand for convenience foods.
• The France Refrigerated Storage market is projected to witness growth at a CAGR of 15.7% during the forecast period, with a market size of USD 3463.36 million in 2024.
• According to Cognitive Market Research, the Germany Refrigerated Storage market size was valued at USD 7453.76 million in 2024 and is projected to grow at a CAGR of 16.7% during the forecast period. In Germany, Refrigerated Storage sales surged due to the expansion of cold chain logistics.
• The Italy Refrigerated Storage market is projected to witness growth at a CAGR of 15.9% during the forecast period, with a market size of USD 3237.49 million in 2024.
• The Russia Refrigerated Storage market is projected to witness growth at a CAGR of 15.5% during the forecast period, with a market size of USD 5835.02 million in 2024.
• The Spain Refrigerated Storage market is projected to witness growth at a CAGR of 15.6% during the forecast period with a market size of USD 3086.91 million in 2024
• The Luxembourg Refrigerated Storage market is projected to witness growth at a CAGR of 16.6% during the forecast period, with a market size of USD 1167.00 million in 2024.
• The Portugal Refrigerated Storage market is projected to witness growth at a CAGR of 16.3% during the forecast period, with a market size of USD 790.55 million in 2024.
• The Greece Refrigerated Storage market is projected to witness growth at a CAGR of 16.8% during the forecast period, with a market size of USD 451.74 million in 2024.
• Rest of Europe's Refrigerated Storage market is projected to witness growth at a CAGR of 15.2% during the forecast period, with a market size of USD 5835.02 million in 2024.

Asia Pacific Refrigerated Storage Market

According to Cognitive Market Research, the global Refrigerated Storage market size was estimated at USD 125484.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 28861.37 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Refrigerated Storage market size was valued at USD 12987.61 million in 2024 and is projected to grow at a CAGR of 19.5% during the forecast period. Refrigerated Storage sales surge in China due to the technological innovations.
• The Japan Refrigerated Storage market is projected to witness growth at a CAGR of 18.5% during the forecast period, with a market size of USD 3982.87 million in 2024.
• The India Refrigerated Storage market had a market share of USD 3463.36 million in 2024 and is projected to grow at a CAGR of 21.8% during the forecast period. India's climate change impacts.
• The South Korea Refrigerated Storage market is projected to witness growth at a CAGR of 19.1% during the forecast period, with a market size of USD 2886.14 million in 2024.
• The Australia Refrigerated Storage market is projected to witness growth at a CAGR of 19.7% during the forecast period, with a market size of USD 1500.79 million in 2024.
• The South East Asia Refrigerated Storage market is projected to witness growth at a CAGR of 21.0% during the forecast period, with a market size of USD 1991.43 million in 2024.
• The Rest of Asia Pacific Refrigerated Storage market is projected to witness growth at a CAGR of 19.8% during the forecast period, with a market size of USD 2049.16 million in 2024.

South America Refrigerated Storage Market

According to Cognitive Market Research, the global Refrigerated Storage market size was estimated at USD 125484.2 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 6274.21 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Refrigerated Storage market size was valued at USD 2685.36 million in 2024 and is projected to grow at a CAGR of 18.0% during the forecast period. Refrigerated Storage sales flourish in Brazil due to the rising healthcare requirements.
• Argentina Refrigerated Storage market had a market share of USD 1054.07 million in 2024 and is projected to grow at a CAGR of 18.3% during the forecast period. Argentina's pharmaceutical industry growth.
• Colombia Refrigerated Storage market is projected to witness growth at a CAGR of 17.2% during the forecast period with a market size of USD 558.40 million in 2024.
• Peru Refrigerated Storage market is projected to witness growth at a CAGR of 17.6% during the forecast period with a market size of USD 514.49 million in 2024.
• Chile Refrigerated Storage market is projected to witness growth at a CAGR of 17.7% during the forecast period with a market size of USD 451.74 million in 2024.
• The Rest of Latin America Refrigerated Storage market is projected to witness growth at a CAGR of 16.5% during the forecast period, with a market size of USD 1010.15 million in 2024.

Middle East and Africa Refrigerated Storage Market

According to Cognitive Market Research, the global Refrigerated Storage market size was estimated at USD 125484.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 2509.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.7% from 2024 to 2031.

• The GCC Countries Refrigerated Storage market is projected to witness growth at a CAGR of 18.5% during the forecast period with a market size of USD 1074.14 million in 2024. Refrigerated Storage sales flourish due to the e-commerce expansion.
• The Egypt Refrigerated Storage market is projected to witness growth at a CAGR of 18.0% during the forecast period, with a market size of USD 263.52 million in 2024.
• The South Africa Refrigerated Storage market is projected to witness growth at a CAGR of 18.7% during the forecast period, with a market size of USD 396.53 million in 2024. Refrigerated Storage sales flourish in South Africa due to the urbanization trends.
• The Turkey Refrigerated Storage market is projected to witness growth at a CAGR of 17.2% during the forecast period, with a market size of USD 215.83 million in 2024.
• The Nigeria Refrigerated Storage market is projected to witness growth at a CAGR of 16.8% during the forecast period, with a market size of USD 263.52 million in 2024.
• The Rest of MEA Refrigerated Storage market is projected to witness growth at a CAGR of 16.7% during the forecast period, with a market size of USD 296.14 million in 2024.

Refrigerated Storage Market Analysis

Refrigerated Storage Market Storage Type Segment Analysis

According to Cognitive Market Research, Facilities/Services stands out as the dominating category. The refrigerated garage market is increasing with the creation of progressive facilities and services catering to various industry wishes. This growth is fueled by the growing demand for temperature-controlled garage solutions throughout sectors, along with meals and beverages, prescription drugs, and chemicals. Companies are investing in ultra-modern facilities, imparting specialized services like stock control, blast freezing, and customized cold chain solutions to fulfill evolving market needs.

Equipment emerges as the fastest-growing category in the Refrigerated Storage market. The refrigerated storage market is experiencing an increase driven by improvements in refrigeration gadgets. Innovations, which include strength-green cooling systems, clever monitoring technologies, and modular garage solutions, are remodeling the industry. With a focus on sustainability and price effectiveness, businesses are investing in current refrigeration gadgets to decorate garages' ability, optimize electricity intake, and ensure the high quality and protection of perishable goods during the delivery chain.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Refrigerated Storage Industry. Request a Free Sample PDF!

Refrigerated Storage Market Temperature Range Segment Analysis

According to Cognitive Market Research, the dominating category is Chilled (0°C to 15°C). The chilled (zero°C to 15°C) section is a burgeoning sector within the refrigerated garage marketplace, witnessing a sturdy increase due to a growing call for for merchandise requiring managed temperatures. From sparkling produce to pharmaceuticals, this segment caters to a diverse variety of industries. With clients prioritizing fines and safety, businesses are investing in specialized chilled storage centers to hold product freshness and integrity, using marketplace growth.

The fastest-growing category in the Refrigerated Storage market is Frozen (-18°C to -25°C). The frozen (-18°C to -25°C) section is an unexpectedly growing zone within the refrigerated garage market, fueled by the increasing call for frozen meal products internationally. From frozen fruits and greens to pre-packaged meals, this segment serves various industries. With customers looking for convenience and longer shelf existence, companies are investing in advanced frozen garage centers to fulfill evolving marketplace demands, using sizable market growth.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Refrigerated Storage Application Segment Analysis

Application Segment Analysis

According to Cognitive Market Research, the dominating category is Food & Beverages. The food and beverage quarter is a main motive force for the increase in the refrigerated garage market, witnessing well sized enlargement due to the growing demand for perishable items globally. With purchasers prioritizing freshness and greatness, organizations are investing in the latest refrigerated storage facilities to ensure product integrity in the course of the delivery chain. This emphasis on temperature-managed storage solutions is riding a giant boom within the enterprise.

The fastest-growing category in the Refrigerated Storage market is Pharmaceuticals. The pharmaceutical quarter is an unexpectedly growing segment in the refrigerated storage market, pushed through the growing call for temperature-touchy medicinal drugs and vaccines. With stringent regulatory requirements and a focus on product safety and efficacy, there may be a developing want for specialized refrigerated storage facilities. Businesses are investing in superior cold chain logistics and garage solutions to fulfill the evolving wishes of the pharmaceutical enterprise.

• Food & Beverages
• Fruits & Vegetables
• Fruit Pulp & Concentrates
• Dairy Products
• Fish
• Meat
• and Seafood
• Processed Food
• Bakery & Confectionary
• Others
• Pharmaceuticals
• Vaccines
• Blood Banking
• Others
• Others

Author's Detail

Kalyani Raje

Senior Research Analyst at Cognitive Market Research

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ResearchGate Profile: https://www.researchgate.net/profile/Kalyani-Raje

An optimistic Senior Research Analyst with years of experience in competitive assessment and business consulting. A seasoned professional and subject-matter expert (SME) in the Automobile and transportation vertical.

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