Surging Demand For Cold Storage Driven By Growing Trade In Perishable Products Emerges as a Core Driver of the Cold Storage Market in 2025

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Cold Storage Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In the past few years, there has been significant growth in the cold storage market size. There is a projected rise from $41.67 billion in 2024 to $45.61 billion in 2025, with a compound annual growth rate (CAGR) of 9.4%. The historical growth is attributed to factors such as the increasing demand for dairy products, which fuels the need for cold storage, as well as the surging demand from the processed food and healthcare sectors. Other contributing factors include technological advancements, emphasis on product quality and sensitivity, and increased food exports.

Cold Storage Market Size Forecast: What's the Projected Valuation by 2029?
The size of the cold storage market is projected to experience substantial growth in the upcoming years, with predictions showing it could reach $62.79 billion in 2029, with a compound annual growth rate (CAGR) of 8.3%. This growth expectation for the forecast period can be credited to factors such as a growing and aging population, heightened usage of automation, strong governmental backing, increased investments, swift expansion in e-commerce, as well as rising consumption of packaged foods. Predominant trends in this forecasting period encompass a heightened emphasis on quality and product sensitivity, corporate endeavors towards sustainability, the advent of smart warehousing, IoT-facilitated cold storage, and tactical mergers and takeovers.

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What Are the Drivers Transforming the Cold Storage Market?
The expected blossoming of perishable goods is anticipated to drive the expansion of the cold storage market. Perishable goods, which include items like fruits, vegetables, dairy products, pharmaceuticals, and more, quickly degrade and have a limited shelf life. The booming commerce of these perishables necessitates the cold storage market to provide superior-quality products to please their customers. For example, the United States Department of Agriculture, a federal agency based in the US, reported in August 2023 that contracted tomato production in California is predicted to be 12.9 million tons for 2023. The average yield is expected to be 50.8 tons per acre. This reflects a 23% increase from the previous year's 10.5 million tons and a 2% rise from the May estimate. The expected harvested area is 254,000 acres, a rise of 13% compared to 2022. Consequently, the increasing commerce of perishable goods will boost the demand for cold storage.

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What Long-Term Trends Will Define the Future of the Cold Storage Market?
Leading businesses in the cold storage market are embracing innovative automation technologies such as smart last-mile delivery platforms to maintain their market standing. By utilizing a smart last-mile delivery system in cold storage, the distribution of temperature-sensitive commodities is optimized due to the integration of advanced inventory control systems and real-time tracking that guarantee efficient and reliable delivery. For instance, in September 2022, Indian cold-chain marketplace startup Celcius Logistics rolled out a smart last-mile delivery platform targeted at resolving key problems in the nation's cold supply chains; the system incorporates a distinctive Inventory Management System (IMS). Through collaborations with vehicle owners and auto manufacturers, it creates a substantial network of refrigerated vehicles. Initally introduced in six major cities, Celcius aims to extend its services to tier-2 cities within the next half year.

Which Segments in the Cold Storage Market Offer the Most Profit Potential?
The cold storage market covered in this report is segmented -

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

Subsegments:
1) By Private And Semi-Private: Private Cold Storage, Owned by Individual Companies For Exclusive Use, Customized Solutions For Specific Inventory Needs, Semi-Private Cold Storage, Shared Facilities Among a Limited Number Of Users, Flexible Space Allocation And Shared Operational Costs
2) By Public: Open To Multiple Clients And Businesses, Services Offered On Rental Basis, Typically Larger Facilities That Accommodate Various Products

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Which Firms Dominate the Cold Storage Market by Market Share and Revenue in 2025?
Major companies operating in the cold storage market include Americold Logistics LLC, Burris Logistics, United States Cold Storage, Toyo Suisan Kaisha, Ltd,VersaCold Logistics Services, Lineage Logistics Holdings, Tippmann Group, Snowman Logistics Pvt Ltd, Conestoga Cold Storage, Coldman Logistics, Cold Box India LLP, Rinac India Limited, Singhania Logistics & Distribution Pvt. Ltd, Cold Storage Japan Ltd, Sinotrans Shanghai Cold storage Company, Kerry Logistics Network Limited, Global Cold storage Solutions, China Resources Logistics Limited, Beijing Er Shang Group, Jinjiang International Holdings Co., Ltd, Nichirei Logistics Group Inc, HNA, Valley Food Storage, ACS&T Logistics, VIMA Foods, Logifrio, Cabezuelo Foods, Ebro Foods, CRS IE, Maersk, Ruzave, FREJA Transport & Logistics, Priority Freight, Dropex, Internel Sp. z o.o, NATANEX, PUH Jamax, ARRA GROUP SP. Z O.O. SP. K, NOWAKOWSKI TRANSPORT Sp. z o.o, Fructus Transport, Artrans Transport, NewCold, Frialsa, Qualianz, ARCOSA, Bradner Cold Storage, Congebec, Confederation Freezers, Interstate Warehousing, Inc, Constellation Cold Logistics, Localfrio S/A, Brado Logistica S/A, ComFrio, Martini Meat S/A, Friozem Armazens Frigorificos Ltda, Comfrio SoluCoes LogIsticas, Agility, Al Futtaim, RSA Cold Chain, Sharjah cold stores, Tameem logistics, APG Logistics, GEFCO South Africa, Value Logistics, Transnova Africa, KAP Industrial Holdings Limited, Tsiko Africa Group, Bakers SA Limited, ColdHubs



Which Regions Offer the Highest Growth Potential in the Cold Storage Market?
North America was the largest region in the cold storage market in 2024. 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, Africa.

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