Executive Summary
Azoth Analytics has released a research report titled "Global Cold Chain Equipment Market (2024 Edition)" which provides a complete analysis of the Global Cold Chain Equipment market in terms of market segmentation By Equipment Type (Refrigerators, Deep Freezers & Reefer Containers, Cold Boxes & Vaccine Carriers, Cold Rooms/ Chillers, Other Equipment Types), By Purpose (Warehousing, Transportation), By End-use (Fruits & Vegetables, Pharmaceuticals, Meat & Seafood, Dairy & Frozen Desserts, Other End-uses) for the historical period of 2020-2023, the estimates of 2024 and the forecast period of 2025-2030.
The report analyses the Cold Chain Equipment Market by Region (Americas, Europe, Asia Pacific, Middle East and Africa) and 10 Countries (United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, China, Japan and India). The Global Cold Chain Equipment market showcased growth at a CAGR of 12.10% during 2020-2023. The market was valued at USD 21.43 Billion in 2022 which is expected to reach USD 59.10 Billion in 2030. Technological developments in refrigeration systems, the growing use of automation and IoT for real-time monitoring, and an emphasis on sustainability and energy efficiency to reduce environmental impact are some of the key characteristics.
The increasing demand for perishable goods transportation, the expansion of the food and pharmaceutical industries, and stringent regulations regarding food safety and quality and the rising consumption of frozen and chilled food products, particularly in developing regions, is bolstering the demand for cold chain equipment.
The demand for cold chain equipment globally is experiencing significant growth as the expansion of international trade and globalization has led to an increase in the transportation of perishable goods across borders.
As part of the worldwide IoT trend, the technologies for compact, reasonably priced tracking devices for keeping an eye on the state of items have advanced over the past few years. By combining these technologies with soon-to-be-implemented industry-wide rules for tracking and monitoring the commodities across the cold-chain, quality and accountability can be guaranteed from beginning to end.
The necessity of a robust cold chain infrastructure has been highlighted by the COVID-19 pandemic, especially for the distribution of vaccinations and other essential medical supplies. Additionally, it has led to alterations in customer behavior, such as a rise in the popularity of online grocery shopping, underscoring the necessity of effective cold chain logistics. The COVID-19 health crisis has had a significant impact on the future for global industry. The world is currently getting back to normal, with a notable recovery in products sales that could begin to affect the cold chain logistics market positively.
The expanding need for frozen and chilled foods, the need for temperature-controlled transportation for pharmaceutical products, and the growing consumer awareness of food safety and quality are the factors driving the demand for cold chain equipment. Due to variations in customer tastes, infrastructure, and economic development, there is regional variation in the need for cold chain equipment. While cold chain infrastructure is expanding quickly in emerging economies in Asia-Pacific and Latin America, developed nations such as North America and Europe already have well-established networks.
A cold chain consists of multiple elements, usually at least three: refrigerated transport, cold storage, and pre-cooling. At least three distinct fresh food value chains, each containing cold chain components to varying degrees, are typically found in most nations. Groups of producers producing for domestic markets may combine their products and pay for cooling highly valued products; export marketers, who produce for overseas markets and are obligated to adhere to international standards for packing, cooling, and shipping, are among them. Individual producers sell their products on the local market.
Scope of the Report
• The report analyses the Cold Chain Equipment Market by Value (USD Billion).
• The report analyses the Cold Chain Equipment Market by Region (Americas, Europe, Asia Pacific, Middle East and Africa) and 10 Countries (United States, Canada, Brazil, Mexico, Germany, United Kingdom, France, China, Japan and India).
• The report presents the analysis of Cold Chain Equipment Market for the historical period of 2020-2023, the estimated year 2024 and the forecast period of 2025-2030.
• The report analyses the Cold Chain Equipment Market By Equipment Type (Refrigerators, Deep Freezers & Reefer Containers, Cold Boxes & Vaccine Carriers, Cold Rooms/ Chillers, Other Equipment Types).
• The report analyses the Cold Chain Equipment Market By Purpose (Warehousing, Transportation).
• The report analyses the Cold Chain Equipment Market By End-use (Fruits & Vegetables, Pharmaceuticals, Meat & Seafood, Dairy & Frozen Desserts, Other End-uses).
• The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, By Equipment Type, by Purpose & by End-use.
• Also, the major opportunities, trends, drivers, and challenges of the industry has been analyzed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Trane Technologies plc, Daikin Industries, Ltd., Americold Realty Trust, Inc., Nichirei Corporation, Carrier Transicold, Zanotti S.p.A., Intertecnica, Rivacold S.R.L. and Incold S.p.A.
Table of Content
1. Market Background
1.1 Scope and Product Outlook
1.2 Executive Summary
1.3 Research Methodology
2. Analyst Recommendations
2.1 Investing and Innovating in New Technologies and Solutions for Cold Chain Equipment
2.2 Robust Distribution Networks and Collaborations with Logistics Suppliers
3. Global Cold Chain Equipment Market: Historic and Forecast
3.1 Impact Analysis of Macro Economic Factors on Global Cold Chain Equipment Market
3.2 Global Cold Chain Logistics Industry
3.3 Leading Providers in the World of Temperature-controlled Warehouse Space, 2020
3.4 Global Cold Chain Equipment Market: Dashboard
3.5 Global Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
3.6 Global Cold Chain Equipment Market: Market Value Assessment
3.7 Assessment Degree of Impact of COVID-19 on Global Cold Chain Equipment Market
3.8 Global Cold Chain Equipment Market Segmentation: By Equipment Type
3.8.1 Global Cold Chain Equipment Market, By Equipment Type Overview
3.8.2 Global Cold Chain Equipment Market Attractiveness Index, By Equipment Type
3.8.3 Global Cold Chain Equipment Market Size, By Refrigerators, Deep Freezers & Reefer Containers, By Value, 2020H-2030F (USD Billion & CAGR)
3.8.4 Global Cold Chain Equipment Market Size, By Cold Boxes & Vaccine Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
3.8.5 Global Cold Chain Equipment Market Size, By Cold Rooms/ Chillers, By Value, 2020H-2030F (USD Billion & CAGR)
3.8.6 Global Cold Chain Equipment Market Size, By Other Equipment Types, By Value, 2020H-2030F (USD Billion & CAGR)
3.9 Global Cold Chain Equipment Market Segmentation: By Purpose
3.9.1 Global Cold Chain Equipment Market, By Purpose Overview
3.9.2 Global Cold Chain Equipment Market Attractiveness Index, By Purpose
3.9.3 Global Cold Chain Equipment Market Size, By Warehousing, By Value, 2020H-2030F (USD Billion & CAGR)
3.9.4 Global Cold Chain Equipment Market Size, By Transportation, By Value, 2020H-2030F (USD Billion & CAGR)
3.10 Global Cold Chain Equipment Market Segmentation: By End-use
3.10.1 Global Cold Chain Equipment Market, By End-use Overview
3.10.2 Global Cold Chain Equipment Market Attractiveness Index, By End-use
3.10.3 Global Cold Chain Equipment Market Size, By Fruits & Vegetables, By Value, 2020H-2030F (USD Billion & CAGR)
3.10.4 Global Cold Chain Equipment Market Size, By Pharmaceuticals, By Value, 2020H-2030F (USD Billion & CAGR)
3.10.5 Global Cold Chain Equipment Market Size, By Meat & Seafood, By Value, 2020H-2030F (USD Billion & CAGR)
3.10.6 Global Cold Chain Equipment Market Size, By Dairy & Frozen Desserts, By Value, 2020H-2030F (USD Billion & CAGR)
3.10.7 Global Cold Chain Equipment Market Size, By Other End-uses, By Value, 2020H-2030F (USD Billion & CAGR)
4. Global Cold Chain Equipment Market, Region Analysis
4.1 Regional Coverage of the Study
4.2 Regional Snapshot
5. Americas Cold Chain Equipment Market: Historic and Forecast
5.1 Americas Cold Chain Equipment Market: Snapshot
5.2 Americas Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
5.3 Americas Cold Chain Equipment Market: Key Factors
5.4 Americas Cold Chain Equipment Market: Segment Analysis
5.5 Americas Cold Chain Equipment Market Segmentation: By Equipment Type
5.5.1 Americas Cold Chain Equipment Market, By Equipment Type Overview
5.5.2 Americas Cold Chain Equipment Market Size, By Refrigerators, Deep Freezers & Reefer Containers, By Value, 2020H-2030F (USD Billion & CAGR)
5.5.3 Americas Cold Chain Equipment Market Size, By Cold Boxes & Vaccine Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
5.5.4 Americas Cold Chain Equipment Market Size, By Cold Rooms/ Chillers, By Value, 2020H-2030F (USD Billion & CAGR)
5.5.5 Americas Cold Chain Equipment Market Size, By Other Equipment Types, By Value, 2020H-2030F (USD Billion & CAGR)
5.6 Americas Cold Chain Equipment Market Segmentation: By Purpose
5.6.1 Americas Cold Chain Equipment Market, By Purpose Overview
5.6.2 Americas Cold Chain Equipment Market Size, By Warehousing, By Value, 2020H-2030F (USD Billion & CAGR)
5.6.3 Americas Cold Chain Equipment Market Size, By Transportation, By Value, 2020H-2030F (USD Billion & CAGR)
5.7 Americas Cold Chain Equipment Market Segmentation: By End-use
5.7.1 Americas Cold Chain Equipment Market, By End-use Overview
5.7.2 Americas Cold Chain Equipment Market Size, By Fruits & Vegetables, By Value, 2020H-2030F (USD Billion & CAGR)
5.7.3 Americas Cold Chain Equipment Market Size, By Pharmaceuticals, By Value, 2020H-2030F (USD Billion & CAGR)
5.7.4 Americas Cold Chain Equipment Market Size, By Meat & Seafood, By Value, 2020H-2030F (USD Billion & CAGR)
5.7.5 Americas Cold Chain Equipment Market Size, By Dairy & Frozen Desserts, By Value, 2020H-2030F (USD Billion & CAGR)
5.7.6 Americas Cold Chain Equipment Market Size, By Other End-uses, By Value, 2020H-2030F (USD Billion & CAGR)
5.8 Americas Cold Chain Equipment Market Segmentation: By Country
5.8.1 Americas Cold Chain Equipment Market, by Country Overview
5.8.2 United States Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
5.8.2.1 United States Cold Chain Equipment Market, By Equipment Type
5.8.2.2 United States Cold Chain Equipment Market, By Purpose
5.8.2.3 United States Cold Chain Equipment Market, By End-use
5.8.3 Canada Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
5.8.3.1 Canada Cold Chain Equipment Market, By Equipment Type
5.8.3.2 Canada Cold Chain Equipment Market, By Purpose
5.8.3.3 Canada Cold Chain Equipment Market, By End-use
5.8.4 Brazil Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
5.8.4.1 Brazil Cold Chain Equipment Market, By Equipment Type
5.8.4.2 Brazil Cold Chain Equipment Market, By Purpose
5.8.4.3 Brazil Cold Chain Equipment Market, By End-use
5.8.5 Mexico Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
5.8.5.1 Mexico Cold Chain Equipment Market, By Equipment Type
5.8.5.2 Mexico Cold Chain Equipment Market, By Purpose
5.8.5.3 Mexico Cold Chain Equipment Market, By End-use
5.8.6 Rest of Americas Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
5.8.6.1 Rest of Americas Cold Chain Equipment Market, By Equipment Type
5.8.6.2 Rest of Americas Cold Chain Equipment Market, By Purpose
5.8.6.3 Rest of Americas Cold Chain Equipment Market, By End-use
6. Europe Cold Chain Equipment Market: Historic and Forecast
6.1 Europe Cold Chain Equipment Market: Snapshot
6.2 Europe Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.3 Europe Cold Chain Equipment Market: Key Factors
6.4 Europe Cold Chain Equipment Market: Segment Analysis
6.5 Europe Cold Chain Equipment Market Segmentation: By Equipment Type
6.5.1 Europe Cold Chain Equipment Market, By Equipment Type Overview
6.5.2 Europe Cold Chain Equipment Market Size, By Refrigerators, Deep Freezers & Reefer Containers, By Value, 2020H-2030F (USD Billion & CAGR)
6.5.3 Europe Cold Chain Equipment Market Size, By Cold Boxes & Vaccine Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
6.5.4 Europe Cold Chain Equipment Market Size, By Cold Rooms/ Chillers, By Value, 2020H-2030F (USD Billion & CAGR)
6.5.5 Europe Cold Chain Equipment Market Size, By Other Equipment Types, By Value, 2020H-2030F (USD Billion & CAGR)
6.6 Europe Cold Chain Equipment Market Segmentation: By Purpose
6.6.1 Europe Cold Chain Equipment Market, By Purpose Overview
6.6.2 Europe Cold Chain Equipment Market Size, By Warehousing, By Value, 2020H-2030F (USD Billion & CAGR)
6.6.3 Europe Cold Chain Equipment Market Size, By Transportation, By Value, 2020H-2030F (USD Billion & CAGR)
6.7 Europe Cold Chain Equipment Market Segmentation: By End-use
6.7.1 Europe Cold Chain Equipment Market, By End-use Overview
6.7.2 Europe Cold Chain Equipment Market Size, By Fruits & Vegetables, By Value, 2020H-2030F (USD Billion & CAGR)
6.7.3 Europe Cold Chain Equipment Market Size, By Pharmaceuticals, By Value, 2020H-2030F (USD Billion & CAGR)
6.7.4 Europe Cold Chain Equipment Market Size, By Meat & Seafood, By Value, 2020H-2030F (USD Billion & CAGR)
6.7.5 Europe Cold Chain Equipment Market Size, By Dairy & Frozen Desserts, By Value, 2020H-2030F (USD Billion & CAGR)
6.7.6 Europe Cold Chain Equipment Market Size, By Other End-uses, By Value, 2020H-2030F (USD Billion & CAGR)
6.8 Europe Cold Chain Equipment Market Segmentation: By Country
6.8.1 Europe Cold Chain Equipment Market, by Country Overview
6.8.2 Germany Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.2.1 Germany Cold Chain Equipment Market, By Equipment Type
6.8.2.2 Germany Cold Chain Equipment Market, By Purpose
6.8.2.3 Germany Cold Chain Equipment Market, By End-use
6.8.3 United Kingdom Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.3.1 United Kingdom Cold Chain Equipment Market, By Equipment Type
6.8.3.2 United Kingdom Cold Chain Equipment Market, By Purpose
6.8.3.3 United Kingdom Cold Chain Equipment Market, By End-use
6.8.4 France Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.4.1 France Cold Chain Equipment Market, By Equipment Type
6.8.4.2 France Cold Chain Equipment Market, By Purpose
6.8.4.3 France Cold Chain Equipment Market, By End-use
6.8.5 Rest of Europe Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
6.8.5.1 Rest of Europe Cold Chain Equipment Market, By Equipment Type
6.8.5.2 Rest of Europe Cold Chain Equipment Market, By Purpose
6.8.5.3 Rest of Europe Cold Chain Equipment Market, By End-use
7. Asia Pacific Cold Chain Equipment Market: Historic and Forecast
7.1 Asia Pacific Cold Chain Equipment Market: Snapshot
7.2 Asia Pacific Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.3 Asia Pacific Cold Chain Equipment Market: Key Factors
7.4 Asia Pacific Cold Chain Equipment Market: Segment Analysis
7.5 Asia Pacific Cold Chain Equipment Market Segmentation: By Equipment Type
7.5.1 Asia Pacific Cold Chain Equipment Market, By Equipment Type Overview
7.5.2 Asia Pacific Cold Chain Equipment Market Size, By Refrigerators, Deep Freezers & Reefer Containers, By Value, 2020H-2030F (USD Billion & CAGR)
7.5.3 Asia Pacific Cold Chain Equipment Market Size, By Cold Boxes & Vaccine Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
7.5.4 Asia Pacific Cold Chain Equipment Market Size, By Cold Rooms/ Chillers, By Value, 2020H-2030F (USD Billion & CAGR)
7.5.6 Asia Pacific Cold Chain Equipment Market Size, By Other Equipment Types, By Value, 2020H-2030F (USD Billion & CAGR)
7.6 Asia Pacific Cold Chain Equipment Market Segmentation: By Purpose
7.6.1 Asia Pacific Cold Chain Equipment Market, By Purpose Overview
7.6.2 Asia Pacific Cold Chain Equipment Market Size, By Warehousing, By Value, 2020H-2030F (USD Billion & CAGR)
7.6.3 sia Pacific Cold Chain Equipment Market Size, By Transportation, By Value, 2020H-2030F (USD Billion & CAGR)
7.7 Asia Pacific Cold Chain Equipment Market Segmentation: By End-use
7.7.1 Asia Pacific Cold Chain Equipment Market, By End-use Overview
7.7.2 Asia Pacific Cold Chain Equipment Market Size, By Fruits & Vegetables, By Value, 2020H-2030F (USD Billion & CAGR)
7.7.3 Asia Pacific Cold Chain Equipment Market Size, By Pharmaceuticals, By Value, 2020H-2030F (USD Billion & CAGR)
7.7.4 Asia Pacific Cold Chain Equipment Market Size, By Meat & Seafood, By Value, 2020H-2030F (USD Billion & CAGR)
7.7.5 Asia Pacific Cold Chain Equipment Market Size, By Dairy & Frozen Desserts, By Value, 2020H-2030F (USD Billion & CAGR)
7.7.6 Asia Pacific Cold Chain Equipment Market Size, By Other End-uses, By Value, 2020H-2030F (USD Billion & CAGR)
7.8 Asia Pacific Cold Chain Equipment Market Segmentation: By Country
7.8.1 Asia Pacific Cold Chain Equipment Market, by Country Overview
7.8.2 China Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.8.2.1 China Cold Chain Equipment Market, By Equipment Type
7.8.2.2 China Cold Chain Equipment Market, By Purpose
7.8.2.3 China Cold Chain Equipment Market, By End-use
7.8.3 Japan Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.8.3.1 Japan Cold Chain Equipment Market, By Equipment Type
7.8.3.2 Japan Cold Chain Equipment Market, By Purpose
7.8.3.3 Japan Cold Chain Equipment Market, By End-use
7.8.4 India Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.8.4.1 India Cold Chain Equipment Market, By Equipment Type
7.8.4.2 India Cold Chain Equipment Market, By Purpose
7.8.4.3 India Cold Chain Equipment Market, By End-use
7.8.5 Rest of Asia Pacific Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
7.8.5.1 Rest of Asia Pacific Cold Chain Equipment Market, By Equipment Type
7.8.5.2 Rest of Asia Pacific Cold Chain Equipment Market, By Purpose
7.8.5.3 Rest of Asia Pacific Cold Chain Equipment Market, By End-use
8. Middle East and Africa Cold Chain Equipment Market: Historic and Forecast
8.1 Middle East and Africa Cold Chain Equipment Market: Snapshot
8.2 Middle East and Africa Cold Chain Equipment Market: Market Size and CAGR, 2020-2030 (USD Billion & CAGR)
8.3 Middle East and Africa Cold Chain Equipment Market: Key Factors
8.4 Middle East and Africa Cold Chain Equipment Market: Segment Analysis
8.5 Middle East and Africa Cold Chain Equipment Market Segmentation: By Equipment Type
8.5.1 Middle East and Africa Cold Chain Equipment Market, By Equipment Type Overview
8.5.2 Middle East and Africa Cold Chain Equipment Market Size, By Refrigerators, Deep Freezers & Reefer Containers, By Value, 2020H-2030F (USD Billion & CAGR)
8.5.3 Middle East and Africa Cold Chain Equipment Market Size, By Cold Boxes & Vaccine Carriers, By Value, 2020H-2030F (USD Billion & CAGR)
8.5.4 Middle East and Africa Cold Chain Equipment Market Size, By Cold Rooms/ Chillers, By Value, 2020H-2030F (USD Billion & CAGR)
8.5.5 Middle East and Africa Cold Chain Equipment Market Size, By Other Equipment Types, By Value, 2020H-2030F (USD Billion & CAGR)
8.6 Middle East and Africa Cold Chain Equipment Market Segmentation: By Purpose
8.6.1 Middle East and Africa Cold Chain Equipment Market, By Purpose Overview
8.6.2 Middle East and Africa Cold Chain Equipment Market Size, By Warehousing, By Value, 2020H-2030F (USD Billion & CAGR)
8.6.3 Middle East and Africa Cold Chain Equipment Market Size, By Transportation, By Value, 2020H-2030F (USD Billion & CAGR)
8.7 Middle East and Africa Cold Chain Equipment Market Segmentation: By End-use
8.7.1 Middle East and Africa Cold Chain Equipment Market, By End-use Overview
8.7.2 Middle East and Africa Cold Chain Equipment Market Size, By Fruits & Vegetables, By Value, 2020H-2030F (USD Billion & CAGR)
8.7.3 Middle East and Africa Cold Chain Equipment Market Size, By Pharmaceuticals, By Value, 2020H-2030F (USD Billion & CAGR)
8.7.4 Middle East and Africa Cold Chain Equipment Market Size, By Meat & Seafood, By Value, 2020H-2030F (USD Billion & CAGR)
8.7.5 Middle East and Africa Cold Chain Equipment Market Size, By Dairy & Frozen Desserts, By Value, 2020H-2030F (USD Billion & CAGR)
8.7.6 Middle East and Africa Cold Chain Equipment Market Size, By Other End-uses, By Value, 2020H-2030F (USD Billion & CAGR)
9. Market Dynamics
9.1 Impact assessment of Market Dynamics on Cold Chain Equipment Market
9.2 Drivers
9.3 Restraints
9.4 Trends
10. Industry Ecosystem Analysis
10.1 Porter Analysis
11. Competitive Positioning
11.1 Companies' Product Positioning
11.2 Market Position Matrix
11.3 Market Share Analysis of Global Cold Chain Equipment Market
11.4 Company Profiles
11.4.1 Trane Technologies plc
11.4.2 Daikin Industries, Ltd.
11.4.3 Americold Realty Trust, Inc.
11.4.4 Nichirei Corporation
11.4.5 Carrier Transicold
11.4.6 Zanotti S.p.A.
11.4.7 Viessmann Group
11.4.8 Intertecnica
11.4.9 Rivacold S.R.L.
11.4.10 Incold S.p.A.
12. About Us & Disclaimer
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