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    Cold Storage Construction Market

    ID: MRFR/CnM/23118-HCR
    111 Pages
    Chitranshi Jaiswal
    September 2025

    Cold Storage Construction Market Research Report: By Storage Temperature (Ambient Controlled Storage, Refrigerated Storage, Frozen Storage, Ultra-Low Temperature Storage), By Application (Food & Beverage, Pharmaceutical & Healthcare, Industrial & Manufacturing, Retail & Commercial), By Construction Type (Concrete Masonry Unit, Metal Panel, Tilt-up Concrete, Steel Frame), By Automation Level (Manual, Semi-Automated, Automated) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Foreca...

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    Cold Storage Construction Market Research Report- Global Forecast till 2034 Infographic
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    Cold Storage Construction Market Summary

    The Global Cold Storage Construction Market is projected to grow significantly from 79.0 USD Billion in 2024 to 168.6 USD Billion by 2035.

    Key Market Trends & Highlights

    Cold Storage Construction Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 7.14 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 168.6 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 79.0 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of advanced refrigeration technologies due to increasing demand for temperature-sensitive goods is a major market driver.

    Market Size & Forecast

    2024 Market Size 79.0 (USD Billion)
    2035 Market Size 168.6 (USD Billion)
    CAGR (2025-2035) 7.14%

    Major Players

    Americold Logistics, United States Cold Storage, Blue Frog Cold Storage, Emergent Cold, Henningsen Cold Storage, VersaCold Logistics Services, Coldwell Banker Commercial NRTA1 Cold Storage, Lineage Logistics, Matson, Burris Logistics

    Cold Storage Construction Market Trends

    The cold storage construction market is poised for significant growth due to rising demand for perishable food products, pharmaceuticals, and other temperature-sensitive goods. The increasing emphasis on food safety and quality standards has driven the need for efficient and reliable cold storage facilities.

    Additionally, the expansion of e-commerce and online grocery shopping has fueled the demand for cold storage solutions to ensure product freshness and minimize spoilage during transportation.

    Key market drivers include the growing population and urbanization, which lead to increased consumption of perishable foods and a greater need for storage and distribution facilities.

    The rise of the pharmaceutical and biotechnology industries also contributes to market growth as these sectors require specialized cold storage infrastructure for the proper storage and handling of vaccines, biologics, and other temperature-sensitive products.

    Recent market trends include the integration of advanced technologies such as automated storage and retrieval systems, temperature control monitoring, and energy-efficient designs.

    Additionally, the adoption of sustainable construction practices and the use of environmentally friendly refrigerants are gaining traction to meet regulatory requirements and reduce environmental impact.

    The market is also witnessing the emergence of smart cold storage facilities that utilize IoT and cloud-based solutions for real-time monitoring and remote management, optimizing operations and reducing energy consumption.

    The ongoing expansion of the global cold storage construction market reflects a growing recognition of the critical role that temperature-controlled facilities play in ensuring food safety and supply chain efficiency.

    U.S. Department of Agriculture

    Cold Storage Construction Market Drivers

    Market Growth Chart

    The Global Cold Storage Construction Market Industry is projected to experience substantial growth over the coming years, with key metrics indicating a rise from 79.0 USD Billion in 2024 to 168.6 USD Billion by 2035. The anticipated CAGR of 7.14% from 2025 to 2035 underscores the increasing investment in cold storage infrastructure, driven by various market dynamics.

    Rising Demand for Perishable Goods

    The increasing global demand for perishable goods, such as fruits, vegetables, dairy, and meat, is a primary driver of the Global Cold Storage Construction Market Industry. As consumer preferences shift towards fresh and organic products, the need for efficient cold storage facilities becomes paramount. This trend is particularly evident in regions with growing populations and urbanization, where access to fresh produce is essential. The market is projected to reach 79.0 USD Billion in 2024, reflecting the urgency for enhanced cold storage capabilities to meet consumer expectations and reduce food waste.

    Globalization of Food Supply Chains

    The globalization of food supply chains is a significant factor influencing the Global Cold Storage Construction Market Industry. As food products are sourced from various regions, the need for efficient cold storage solutions becomes critical to maintain product integrity during transportation. This trend is particularly relevant in the context of international trade agreements that facilitate the movement of goods across borders. The expansion of global supply chains necessitates the construction of advanced cold storage facilities, ensuring that perishable items remain fresh and safe for consumers.

    Government Initiatives and Regulations

    Government initiatives aimed at reducing food waste and promoting food safety are pivotal in driving the Global Cold Storage Construction Market Industry. Policies that encourage the establishment of cold storage facilities help ensure that perishable goods are stored and transported under optimal conditions. Additionally, regulations regarding food safety standards necessitate the construction of modern cold storage facilities that comply with these guidelines. As governments worldwide prioritize food security, investments in cold storage infrastructure are likely to increase, further propelling market growth.

    Technological Advancements in Refrigeration

    Technological innovations in refrigeration systems are significantly influencing the Global Cold Storage Construction Market Industry. Enhanced energy efficiency, automation, and IoT integration are transforming traditional cold storage facilities into smart warehouses. These advancements not only reduce operational costs but also improve temperature control and monitoring, ensuring product quality. As companies increasingly adopt these technologies, the market is expected to grow at a CAGR of 7.14% from 2025 to 2035. This growth trajectory indicates a shift towards more sustainable and efficient cold storage solutions, aligning with global environmental goals.

    Expansion of E-commerce and Online Grocery Delivery

    The rapid expansion of e-commerce and online grocery delivery services is reshaping the Global Cold Storage Construction Market Industry. As consumers increasingly prefer the convenience of online shopping, retailers are investing in cold storage facilities to ensure the timely delivery of perishable goods. This trend is particularly pronounced in urban areas, where demand for quick delivery services is high. The market is anticipated to grow to 168.6 USD Billion by 2035, driven by the need for robust cold chain logistics to support the burgeoning e-commerce sector.

    Market Segment Insights

    Cold Storage Construction Market Storage Temperature Insights

    The  Cold Storage Construction Market is segmented by storage temperature as ambient controlled storage, refrigerated storage, frozen storage, and ultra-low temperature storage. Among these, the refrigerated storage segment is anticipated to hold the largest market share in the forecasted span.

    This kind of storage facility is used for storing temperature-sensitive products which include fruits, vegetables, dairy products as well as pharmaceuticals. The increasing need for these products is potentiated to drive the growth of the refrigerated storage market.

    The frozen storage segment which is used to store the products for the long term that require preservation is expected to witness highest CAGR in the span of forecast. This kind of storage facility includes meat products, fish, and poultry.

    Increasing consumption of frozen food products is anticipated to drive the growth of frozen storage market. Moreover, the ambient controlled storage segment is used to store products which do not require temperature to be kept under control. The products which come under this segment are dry stored goods and canned goods.

    With the growth of the e-commerce industry, the demand for the ambient controlled storage sector is likely to rise as the products are being stored in the warehouses before being shipped to the customers.

    Cold Storage Construction Market Application Insights

    The  Cold Storage Construction Market is divided based on application into Food Beverage, Pharmaceutical Healthcare, Industrial Manufacturing, and Retail Commercial.

    The Food Beverage segment accounted for the largest market share in 2023 and is expected to dominate throughout the forecast period. The growth of the segment can be attributed to the rising demand for cold storage to store perishable food and beverages.

    The Pharmaceutical Healthcare segment is also expected to grow significantly over the forecast period owing to the surge in need for the cold storage facilities to store the temperature-sensitive drugs and vaccines.

    The Industrial Manufacturing segment is anticipated to exhibit steady growth owing to the rise in demand for the cold storage to store the raw materials and finished goods.

    The Retail Commercial segment is also expected to grow over the forecast period due to the surge in demand for the cold storage to store the perishable retail goods.

    Cold Storage Construction Market Construction Type Insights

    The  Cold Storage Construction Market is segmented by construction type into concrete masonry unit, metal panel, tilt-up concrete, and steel frame. Among these, the metal panel segment held the largest market share in 2023, accounting for approximately 38.4% of the  market.

    The growth of this segment can be attributed to the increasing demand for energy-efficient and sustainable construction materials. Metal panels offer excellent insulation properties, which helps to reduce energy consumption and lower operating costs.

    Additionally, metal panels are lightweight and easy to install, making them a cost-effective option for cold storage construction.

    The concrete masonry unit segment is expected to witness significant growth over the forecast period, owing to its durability and fire resistance properties. Concrete masonry units are also relatively inexpensive, which makes them a viable option for budget-conscious projects.

    The tilt-up concrete segment is expected to grow steadily over the forecast period, driven by the increasing popularity of tilt-up construction for large-scale cold storage facilities. Tilt-up concrete offers several advantages, including speed of construction, durability, and energy efficiency.

    Cold Storage Construction Market Automation Level Insights

    The  Cold Storage Construction Market is segmented by automation level into Manual, Semi-Automated, and Automated. The Automated segment held the largest market share in 2023, and it is projected to continue to grow at the highest CAGR during the forecast period.

    The increasing adoption of automation technologies in the cold storage industry is driven by the need to improve operational efficiency, reduce labor costs, and enhance product quality.

    Automated systems can perform various tasks, such as product handling, inventory management, and temperature control, with minimal human intervention.

    Semi-automated systems, which combine manual and automated processes, offer a balance between cost and efficiency. Manual systems, which rely heavily on manual labor, are still used in smaller facilities or for specialized tasks.

    The market growth for the Automated segment is attributed to the rising demand for automated solutions in the food and beverage, pharmaceutical, and logistics industries.

    Get more detailed insights about Cold Storage Construction Market Research Report- Global Forecast till 2034

    Regional Insights

    The market growth is attributed to the increasing demand for temperature-controlled storage facilities across various industries, including food and beverage, pharmaceuticals, and chemicals.

    Regionally, North America held the largest market share in 2023, accounting for over 35% of the  revenue. The region's well-developed cold storage infrastructure and stringent regulations regarding food safety contribute to its dominance.

    Europe and APAC are other prominent markets, with significant investments in cold storage construction to support the growing food and beverage industries.

    South America and MEA are emerging markets with potential for growth due to increasing urbanization and rising demand for processed and frozen foods.

    Cold Storage Construction Market By Region

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    Major players in the Cold Storage Construction Market have a wide range of experience and expertise, with some specializing in specific market segments while others offer a more comprehensive range of services.

    The leading Cold Storage Construction Market players are continuously investing in research and development to enhance their offerings and gain a competitive advantage. They also engage in strategic partnerships, acquisitions, and collaborations to expand their market presence and capabilities.

    The Cold Storage Construction Market development is driven by factors such as the growing demand for food and beverages, the increasing need for efficient and reliable cold storage solutions, and the rising awareness of food safety and quality standards.

    One of the leading companies in the Cold Storage Construction Market is Americold Logistics, which provides temperature-controlled warehousing and logistics services to the food and beverage industry. Americold has a  presence with over 200 facilities spread across 30 countries.

    The company offers a range of services, including temperature-controlled storage, transportation, and supply chain management. Americold is committed to sustainability and has implemented various initiatives to reduce its environmental impact, such as using energy-efficient technologies and implementing waste reduction programs.

    A notable competitor in the Cold Storage Construction Market is Lineage Logistics, which offers a comprehensive suite of temperature-controlled warehousing and logistics services. Lineage has a  network of over 300 facilities in 20 countries.

    The company provides a wide range of services, including temperature-controlled storage, transportation, and value-added services such as inventory management and order fulfillment. Lineage is focused on innovation and has invested in technology to enhance the efficiency and accuracy of its operations.

    The company is also committed to sustainability and has implemented various programs to reduce its environmental footprint, such as using renewable energy sources and reducing waste.

    Key Companies in the Cold Storage Construction Market market include

    Industry Developments

    • Q2 2025: Cold storage construction slowing down Despite a slowdown in speculative cold storage construction, active projects in the pipeline are expected to drive an increase in 2025, with a shift toward build-to-suit opportunities and innovation in vertical, high-bay cold storage facilities.
    • Q2 2025: Why Cold Storage May Defy the Tariff Crunch Developers are continuing to invest in cold storage construction, focusing on vertical builds and automation upgrades, with energy availability now a top-three concern for site selection as demand remains strong despite broader construction slowdowns.

    Future Outlook

    Cold Storage Construction Market Future Outlook

    The Cold Storage Construction Market is projected to grow at a 7.14% CAGR from 2024 to 2035, driven by rising demand for perishable goods and advancements in refrigeration technology.

    New opportunities lie in:

    • Invest in energy-efficient refrigeration systems to reduce operational costs.
    • Develop modular cold storage solutions for rapid deployment in emerging markets.
    • Leverage IoT technology for real-time monitoring and management of cold storage facilities.

    By 2035, the Cold Storage Construction Market is expected to be robust, reflecting significant advancements and increased capacity.

    Market Segmentation

    Cold Storage Construction Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia-Pacific
    • Middle East and Africa

    Cold Storage Construction Market Application Outlook

    • Food Beverage
    • Pharmaceutical Healthcare
    • Industrial Manufacturing
    • Retail Commercial

    Cold Storage Construction Market Automation Level Outlook

    • Manual
    • Semi-Automated
    • Automated

    Cold Storage Construction Market Construction Type Outlook

    • Concrete Masonry Unit
    • Metal Panel
    • Tilt-up Concrete
    • Steel Frame

    Cold Storage Construction Market Storage Temperature Outlook

    • Ambient Controlled Storage
    • Refrigerated Storage
    • Frozen Storage
    • Ultra-Low Temperature Storage

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 78.96 (USD Billion)
    Market Size 2025 84.60 (USD Billion)
    Market Size 2034 157.40 (USD Billion)
    Compound Annual Growth Rate (CAGR) 7.1% (2025 - 2034)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2034
    Historical Data 2020 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Americold Logistics, United States Cold Storage, Blue Frog Cold Storage, Emergent Cold, Henningsen Cold Storage, VersaCold Logistics Services, Coldwell Banker Commercial NRT, A1 Cold Storage, Lineage Logistics, Matson, Burris Logistics
    Segments Covered Storage Temperature, Application, Construction Type, Automation Level, Regional
    Key Market Opportunities Growing demand for temperature-controlled food storage Government regulations for food safety and energy efficiency Advancements in construction technologies Expansion of e-commerce and cold chain logistics Increasing investments in pharmaceutical and healthcare cold storage
    Key Market Dynamics Increasing demand for perishable goods Government initiatives for food security Growing e-commerce sector Advancements in refrigeration technology Stringent regulations for food safety and quality
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What is the expected valuation of the Cold Storage Construction Market in 2023?

    The Cold Storage Construction Market is expected to reach a valuation of approximately USD 84.60 billion in 2025.

    What is the projected CAGR for the Cold Storage Construction Market from 2024 to 2032?

    The market is expected to register a CAGR of 7.1% from 2025 to 2034.

    What is the expected valuation of the Cold Storage Construction Market by 2032?

    By 2034, the market is projected to reach a valuation of approximately USD 157.40 billion.

    Which region is expected to hold the largest market share in the Cold Storage Construction Market?

    The Asia-Pacific region is expected to dominate the Cold Storage Construction Market, accounting for a significant market share.

    What are the major applications of Cold Storage Construction?

    Cold storage construction finds applications in various industries, including food and beverage, pharmaceuticals, and logistics.

    Who are the key competitors in the Cold Storage Construction Market?

    Key players in the Cold Storage Construction Market include Americold Logistics, Lineage Logistics, and Swire Cold Storage.

    What growth factors are driving the Cold Storage Construction Market?

    Factors such as rising demand for temperature-controlled storage, increasing investments in food and beverage, and pharmaceutical industries, and growing e-commerce are contributing to market growth.

    What challenges are faced by the Cold Storage Construction Market?

    Challenges include fluctuating raw material prices, stringent regulations, and intense competition in the market.

    What technological advancements are shaping the Cold Storage Construction Market?

    Advancements in automation, IoT, and sustainable construction practices are influencing the market's development.

    How is the Cold Storage Construction Market expected to evolve in the coming years?

    The market is anticipated to experience continued growth, driven by factors such as rising demand for cold storage facilities, technological advancements, and increasing investments in emerging markets.

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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

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