Refrigerated Storage Market Insights Video

According to Cognitive Market Research, the global Refrigerated Storage market size is USD 125484.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 18.00% 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 50193.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.2% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 37645.26 million.
• Asia Pacific held a market share 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.
• Latin America had a market share for 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.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at 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 Facilities/Services held the highest Refrigerated Storage market revenue share in 2024.