Expanding organized retail sectors in developing economies and the increasing automation of refrigerated warehouses are expected to further drive market growth over the forecast period. Warehouse automation incorporates advanced technologies such as cloud computing, conveyor systems, robotics, energy management solutions, and automated truck-loading systems, improving operational efficiency and reducing costs.

Refrigerated storage has become an essential component of global supply chains, ensuring the safe storage and transport of perishable goods. Additionally, the growing international trade of perishable products, including fresh produce, dairy, meat, and pharmaceuticals, is projected to significantly boost demand for advanced cold storage solutions in the coming years.

Key Market Trends & Insights

• North America led the global cold storage market with a 34.1% share of total revenue in 2024.

• The U.S. cold storage market is expected to grow at a significant CAGR from 2025 to 2030.

• By storage type, the facilities/services segment dominated with a market share of 89.5% in 2024.

• By application, the food & beverages segment held the largest share, accounting for over 77% in 2024.

• By temperature range, the frozen (-18°C to -25°C) segment led with a 62% market share in 2024.

Market Size & Forecast

• 2024 Market Size: USD 159.7 Billion

• 2030 Projected Market Size: USD 427.6 Billion

• CAGR (2025–2030): 18.1%

• Largest Market (2024): North America

• Fastest-Growing Market: Asia Pacific

Key Cold Storage Companies

The leading companies shaping the global cold storage market include:

• Americold Logistics, Inc.

• Lineage Logistics Holding, LLC

• United States Cold Storage

• Burris Logistics

• NewCold

• Nichirei Corporation

• Tippmann Group

• Conestoga Cold Storage

• FreezPak Logistics

• Confederation Freezers

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