Product Code: r4851
“Cold Storage Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on cold storage market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for cold storage? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The cold storage market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
Scope
Markets Covered:
- 1) By Type: Private and Semi-Private; Public
- 2) By Construction: Bulk Storage; Production Stores; Ports
- 3) By Temperature: Frozen; Chilled
- 4) By Application: Fruits and Vegetables; Dairy; Fish, Meat and Seafood; Processed Food; Pharmaceuticals; Other Applications
- Companies Mentioned: Americold Logistics LLC; Cloverleaf Cold Storage; Burris Logistics; Tippmann Group; VersaCold Logistics Services
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the cold storage market are: Americold Logistics LLC, Cloverleaf Cold Storage, Burris Logistics, Tippmann Group, VersaCold Logistics Services, Henningsen Cold Storage, Kloosterboer, Lineage Logistics Holdings, United States Cold Storage, NewCold, Nichirei Corporation, Agro Merchants Group, Nordic Logistics, Conestoga Cold Storage, Hanson Logistics, DHL International GmbH, XPO Logistics Inc., GEODIS, NFI Industries, Penske Logistics Inc., Confederation Freezers, Seafrigo, Trenton Cold Storage, Merchants Terminal Corporation, and Stockhabo.
The global cold storage market is expected to grow from $141.39 billion in 2022 to $161.92 billion in 2023 at a compound annual growth rate (CAGR) of 14.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cold storage market is expected to grow to $303.22 billion in 2027 at a compound annual growth rate (CAGR) of 17.0%.
The cold storage market consists of sales of compressor, condenser, evaporator and throttle valve, and other auxiliary parts. Values in this market are: 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Cold storage refers to a place or a building where perishable products are stored or kept at low temperatures for preservation. These are designed with properties that can keep food items in optimum conditions, and these properties can be adjusted according to what has been stored.
North America was the largest region in the cold storage market in 2022. Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the cold storage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of cold storage are private, semi-private, and public. Private and semi-private products refer to cold storage that is owned or operated by the company that produces or owns the products kept in the warehouse used for storing purposes. The various construction types include bulk storage, production stores, and ports, and involve several temperature forms, such as frozen and chilled. It is used in storing fruits and vegetables, dairy, fish, meat, and seafood, processed foods, pharmaceuticals, and other applications.
The rising perishable products are expected to propel the growth of the cold storage market going forward. Perishable products are those that easily deteriorate and have a short life span, which includes products such as fruits and vegetables, dairy products, pharmaceuticals, and others. The growing trade of perishables compels the cold storage market to provide better quality products to serve their customers. For instance, according to a report published by the Food and Agricultural Organization of the United Nations in 2021, global milk production reached 906 million tonnes in 2020, which has risen approximately 0.2% from 2019. Another article by the Food and Agricultural Organization of the United Nations and the Organization for Economic Co-operation and Development, an intergovernmental organization of 38 member countries, said that total meat production in 2020 is approximately 134 megatons, which is 1.2% more than in 2019. Therefore, the rise in the trade of perishables will increase the demand for cold storage.
Advancements in technologies are a key trend gaining popularity in the cold storage market. Major companies operating in the cold storage market are using new technologies such as automation in warehouses, taller warehouses with temperature control, and others to sustain their position in the market. For instance, in May 2021, Vertical Cold Storage, a US-based temperature-controlled and dry storage facility provider, unveiled its new cold storage facility, Vertical Cold facilities. The Vertical Cold Facilities contain the most reliable automation in the industry along with cost-effective refrigeration facilities that use green practices and improve performance through decision-making technology.
For instance, in August 2022, Lineage Logistics LLC, a US-based warehousing and logistics management company, acquired Cold Storage Nelson Limited for an undisclosed amount. This acquisition would expand Lineage's presence in the Asia-Pacific region by using New Zealand, a significant exporter of primary products. Customers in New Zealand will benefit from CSN's facilities as well as Lineage's technology and innovation as they negotiate the country's and the world's rising supply chain demands. Cold Storage Nelson Limited is a New Zealand-based cold storage business.
The countries covered in the cold storage market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The cold storage market research report is one of a series of new reports from The Business Research Company that provides cold storage market statistics, including cold storage industry global market size, regional shares, competitors with a cold storage market share, detailed cold storage market segments, market trends and opportunities, and any further data you may need to thrive in the cold storage industry. This cold storage market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Cold Storage Market Characteristics
3. Cold Storage Market Trends And Strategies
4. Cold Storage Market - Macro Economic Scenario
- 4.1 COVID-19 Impact On Cold Storage Market
- 4.2 Ukraine-Russia War Impact On Cold Storage Market
- 4.3 Impact Of High Inflation On Cold Storage Market
5. Cold Storage Market Size And Growth
- 5.1. Global Cold Storage Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Cold Storage Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Cold Storage Market Segmentation
- 6.1. Global Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Private and Semi-private
- Public
- 6.2. Global Cold Storage Market, Segmentation By Construction, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Bulk Storage
- Production Stores
- Ports
- 6.3. Global Cold Storage Market, Segmentation By Temperature, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Frozen
- Chilled
- 6.4. Global Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Fruits and Vegetables
- Dairy
- Fish, Meat and Seafood
- Processed Food
- Pharmaceuticals
- Other Applications
7. Cold Storage Market Regional And Country Analysis
- 7.1. Global Cold Storage Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Cold Storage Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Cold Storage Market
- 8.1. Asia-Pacific Cold Storage Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Cold Storage Market
- 9.1. China Cold Storage Market Overview
- 9.2. China Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Cold Storage Market
- 10.1. India Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Cold Storage Market
- 11.1. Japan Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Cold Storage Market
- 12.1. Australia Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Cold Storage Market
- 13.1. Indonesia Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Cold Storage Market
- 14.1. South Korea Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Cold Storage Market
- 15.1. Western Europe Cold Storage Market Overview
- 15.2. Western Europe Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Cold Storage Market
- 16.1. UK Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Cold Storage Market
- 17.1. Germany Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Cold Storage Market
- 18.1. France Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Cold Storage Market
- 19.1. Eastern Europe Cold Storage Market Overview
- 19.2. Eastern Europe Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Cold Storage Market
- 20.1. Russia Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Cold Storage Market
- 21.1. North America Cold Storage Market Overview
- 21.2. North America Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Cold Storage Market
- 22.1. USA Cold Storage Market Overview
- 22.2. USA Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Cold Storage Market
- 23.1. South America Cold Storage Market Overview
- 23.2. South America Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Cold Storage Market
- 24.1. Brazil Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Cold Storage Market
- 25.1. Middle East Cold Storage Market Overview
- 25.2. Middle East Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Cold Storage Market
- 26.1. Africa Cold Storage Market Overview
- 26.2. Africa Cold Storage Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Cold Storage Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Cold Storage Market Competitive Landscape And Company Profiles
- 27.1. Cold Storage Market Competitive Landscape
- 27.2. Cold Storage Market Company Profiles
- 27.2.1. Americold Logistics LLC
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Cloverleaf Cold Storage
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Burris Logistics
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Tippmann Group
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. VersaCold Logistics Services
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Cold Storage Market
29. Cold Storage Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer