Worldwide Cold Storage Equipment Industry Size: Insights, Growth Trends and Forecast

Report ID : 1304785 | Published : June 2025 | Study Period : 2023-2033 | Format : PDF + Excel

The market size of the Cold Storage Equipment Industry is categorized based on Equipment Type (Refrigerators, Freezers, Cold Storage Rooms, Transport Refrigeration Equipment, Blast Freezers) and End-User (Food & Beverage, Pharmaceuticals, Chemicals, Retail, Logistics) and Temperature Range (Low Temperature, Medium Temperature, High Temperature) and Application (Food Processing, Pharmaceutical Storage, Logistics and Distribution, Retail Storage, Agriculture) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

In 2023, the size of the Cold Storage Equipment Industry was valued at $20 billion and is anticipated to reach $35 billion by 2033, expanding at a 5.5% CAGR between 2024 and 2033. The report encompasses multiple segments and provides an analysis of significant trends and factors impacting the market.

The growth in demand for E-commerce and for perishables is boosting the growth of cold storage equipment. Businesses working in the sector of food and drugs are required to maintain the quality and longevity of the product which fully rely on their timely meeting of efficiency standards. This market incorporates broad categories which are under the classification of refrigeration units which contain refrigeration machinery, insulated containers and temperature-controlled storage chambers whose main purpose is to safekeep food, medicine and other sensitive items that require strict temperature management.

Industries all over the world are swiftly moving towards sensitive temperature regulated materials and perishables leading to a required shift in global cold storage functionality. Internet of things and automation increase the trustful working of cold storage facilities with advanced technologies. Alongside, stringent rules for storing and freezing food quality is pushing for increased investments and enhanced competition in cold storage within the economy.

This gap within the environment isle aid in understanding the gaps within equipment necessary for marketing, tracking down key industries that manufacture it and the market within specific area. Get driven business and working interventions and fuel their functionality by using our detailed business research reports that unlock the content for equipment cold storage business sectors and provide useful information needed for stepping the competitive scenery.

 

ATTRIBUTES	DETAILS
STUDY PERIOD	2023-2033
BASE YEAR	2023
FORECAST PERIOD	2024-2033
HISTORICAL PERIOD	2023-2024
UNIT	VALUE (USD BILLION)
KEY COMPANIES PROFILED	Carrier Global Corporation, Thermo King Corporation, Daikin Industries Ltd., United Technologies Corporation, Johnson Controls International plc, Linde AG, Honeywell International Inc., Mitsubishi Electric Corporation, AHT Cooling Systems GmbH, GEA Group AG, Centrica plc
SEGMENTS COVERED	By Equipment Type - Refrigerators, Freezers, Cold Storage Rooms, Transport Refrigeration Equipment, Blast Freezers By End-User - Food & Beverage, Pharmaceuticals, Chemicals, Retail, Logistics By Temperature Range - Low Temperature, Medium Temperature, High Temperature By Application - Food Processing, Pharmaceutical Storage, Logistics and Distribution, Retail Storage, Agriculture By Geography - North America, Europe, APAC, Middle East Asia & Rest of World.

---

Cold Storage Equipment Industry Dynamics

The Cold Storage Equipment Industry is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.

Market Drivers

1. Technological Advancements
2. Increasing Consumer Demand
3. Regulatory Support
4. Globalization

Market Restraints

1. High Operational Costs
2. Regulatory Challenges
3. Market Saturation

Market Opportunities

1. Emerging Markets
2. Product Innovation
3. Strategic Partnerships

Market Challenges

1. Technological Disruptions
2. Supply Chain Issues
3. Changing Consumer Preferences

---

Key Players in the Cold Storage Equipment Industry

This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.

• Carrier Global Corporation
• Thermo King Corporation
• Daikin Industries Ltd.
• United Technologies Corporation
• Johnson Controls International plc
• Linde AG
• Honeywell International Inc.
• Mitsubishi Electric Corporation
• AHT Cooling Systems GmbH
• GEA Group AG
• Centrica plc

---

Customization Options

Verified Industry Insights offers one of the following report customization options to our respectable clients :

Company Profiling

● Detailed profiling of additional market players (up to three players)
● SWOT analysis of key players (up to three players)

Competitive Benchmarking

● Benchmarking of key players on the following parameters : Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research

Verified Industry Insights offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to [email protected] or call us at +1 743 222 5439

© 2024 Verified Industry Insights. All Rights Reserved