Refrigerated Warehousing and Storage Market Report 2026

The refrigerated warehousing and storage market size has grown strongly in recent years. It will grow from $176.36 billion in 2025 to $190.82 billion in 2026 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to expansion of frozen food consumption, growth of organized food retail, increasing pharmaceutical cold chain requirements, rising use of refrigerated containers, development of large-scale cold storage infrastructure.

The refrigerated warehousing and storage market size is expected to see strong growth in the next few years. It will grow to $266.95 billion in 2030 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to increasing biologics and vaccine storage demand, rising investments in smart cold warehouses, expansion of cold chain logistics in emerging markets, growing emphasis on carbon-efficient refrigeration, increasing adoption of automated material handling in cold storage. Major trends in the forecast period include increasing adoption of energy-efficient refrigeration systems, growing deployment of iot-enabled temperature monitoring, expansion of automated cold storage facilities, rising demand for pharmaceutical-grade cold storage, enhanced focus on food safety compliance.

The expansion of refrigerated warehouses is anticipated to drive growth in the refrigerated warehousing and storage market. A refrigerated warehouse is a facility that uses mechanical refrigeration systems to maintain defined temperature ranges for the storage of goods. These warehouses are a core component of refrigerated warehousing and storage, as they provide controlled environments for preserving temperature-sensitive products. For instance, in January 2024, according to the United States Department of Agriculture, a US-based federal executive department, public refrigerated warehouse storage capacity reached 2.51 billion gross cubic feet in 2023, representing 68% of total storage capacity. Therefore, the increasing number of refrigerated warehouses is fueling the growth of the refrigerated warehousing and storage market.

Major companies operating in the refrigerated warehousing and storage market are concentrating on the development of energy-efficient cooling technologies, such as phase change material-based thermal energy storage systems, to improve operational efficiency and reduce power usage. Phase change material-based thermal energy storage systems are advanced cooling solutions that store and release thermal energy through physical state changes, enabling stable temperature control in cold storage facilities while lowering peak electricity demand and refrigeration load. For instance, in April 2025, SCG Chemicals Public Company Limited, a Thailand-based chemical and polymer solutions provider, introduced CHILLOX, an energy-saving solution for cold storage warehouses designed to enhance cooling efficiency and operational reliability. The solution incorporates phase change material-based thermal energy storage, supports temperature stabilization during peak electricity demand, and provides backup cooling during power outages. CHILLOX enhances energy efficiency, reduces operating costs, and supports sustainable refrigerated warehousing operations.

In April 2025, Vertical Cold Storage, a US-based provider of temperature-controlled warehousing, distribution, and cold chain logistics solutions, acquired Arctic Logistics for an undisclosed amount. Through this acquisition, Vertical Cold Storage seeks to strengthen its national cold chain footprint, improve cross-border trade capabilities near the US-Canada border, and better serve frozen and perishable food producers and buyers in the Midwest and other regions. Arctic Logistics is a US-based provider of temperature-controlled warehousing and logistics services that operates a 140,000-square-foot facility in Canton, Michigan, featuring blast freezing, case picking, kitting, cross-docking, and import/export services.

Major companies operating in the refrigerated warehousing and storage market are AmeriCold Logistics, Nichirei Corporation, Lineage Logistics Holdings LLC, Henningsen Cold Storage Co., Burris Logistics, Toyo Suisan Kaisha Ltd., Agro Merchants North America Holdings LLC, Nippon Suisan Kaisha Ltd., Snowman Logistics Ltd., Lineage Logistics, Americold Reality Trust Inc., United States Cold Storage Inc., NewCold Cooperatief U.A., Nichirei Logistics Group Inc., Emergent Cold LatAm Management LLC, Interstate Warehousing Inc., Frialsa Frigorificos S.A. De C.V., Constellation Cold Logistics, Superfrio Logistica Frigorificada, FreezPak Logistics, Conestoga Cold Storage Limited, Congebec Logistics Inc., METCOLD Supply Network Management Limited, RLS Logistics, Friozem Armazens Frigorificos Ltda., Magnavale Ltd., Confederation Freezers, Trenton Cold Storage Inc., Nor-Am Cold Storage, Burris Logistics, Agri-Norcold A/S, Vertical Cold Storage, ColdPoint Logistics, Hanson Logistics Ltd., Cloverleaf Cold Storage Co., Henningsen Cold Storage Co., Gruppo Marconi Logistica Integrata, Zero Mountain Inc.

Asia-Pacific was the largest region in the refrigerated warehousing and storage market in 2025. North America was the second largest region in the refrigerated warehousing and storage market. The regions covered in the refrigerated warehousing and storage market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the refrigerated warehousing and storage market report are China, India, Japan, Australia, Indonesia, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, Taiwan, New Zealand, UK, Germany, France, Italy, Spain, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

The refrigerated warehouse and storage market includes revenue earned by entities by providing refrigeration services to keep produce (often food) at an ideal temperature, prevent rotting, extend its life span, and minimize microbial contamination growth. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.