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Cold Chain Equipment Market Share

  • Report ID: GMI8475
  • Published Date: Mar 2024
  • Report Format: PDF

Cold Chain Equipment Market Share

The cold chain equipment industry is highly fragmented due to the presence of numerous local & global players across the globe. In 2023, the above list of dominant market players collectively held a substantial 20% - 25% market share. These prominent players are proactively involved in strategic endeavors such as mergers & acquisitions, facility expansion, and collaborations to expand their product portfolios, extend their reach to a broader customer base, and strengthen their market position. These enterprises consistently allocate resources to research & development, aiming to enhance their designs and integrate cutting-edge technologies, thereby ensuring that they maintain a competitive edge.
 

Cold Chain Equipment Market Companies

Major players operating in the cold chain equipment industry include:

  • NICHIREI CORPORATION
  • Americold
  • Burris Logistics
  • Schmitz Cargobull
  • Thermo King
  • Carrier Transicold
  • Zanotti SpA
  • Viessmann
  • Schmitz Cargobull
  • Fermod
  • Intertecnica
  • ebm-papst Group
  • CAREL
  • Bitzer
  • Kelvion
  • LINEAGE LOGISTICS HOLDING, LLC
Authors: Avinash Singh, Sunita Sigh

Frequently Asked Questions (FAQ) :

The market size of cold chain was reached USD 14 billion in 2023 and is anticipated to register a CAGR of over 20.2% between 2024 and 2032, driven by the trade liberalization, expansion of retail chains, and focus on decreasing food chain expense.

Storage equipment segment was worth USD 10.16 billion in 2023 and will continue to gain traction, as it maintains a particular temperature range that is suitable for the product that is being stored.

North America cold chain equipment market accounted for a major revenue share of 33.05% in 2023, favored by the growth of e-commerce in the region and the growing need for temperature-controlled storage in the food and pharmaceutical industries.

NICHIREI CORPORATION, Americold, Burris Logistics, Schmitz Cargobul, Thermo King, Carrier Transicold, Zanotti SpA, Viessmann, Schmitz Cargobull, Fermod, Intertecnica, ebm-papst Group, CAREL, Bitzer, Kelvion and LINEAGE LOGISTICS HOLDING, LLC.

Cold Chain Equipment Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 250
  • Countries covered: 17
  • Pages: 387
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