According to Cognitive Market Research, the global cold storage warehouse market size was USD 120254.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 18.20% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 48101.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.4% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 36076.26 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 27658.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.2% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 6012.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.6% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2405.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 17.9% from 2024 to 2031.
The refrigerated containers is the fastest growing segment of the cold storage warehouse industry
