Cold Storage Construction Global Market Report 2025

The cold storage construction market size has grown rapidly in recent years. It will grow from $14.67 billion in 2024 to $17.04 billion in 2025 at a compound annual growth rate (CAGR) of 16.2%. The growth in the historic period can be attributed to rising demand for temperature-controlled storage facilities, increasing consumption of ready-to-eat and convenience foods, growing urbanization and expansion of organized retail chains, increasing need for food and beverage storage solutions, and heightened focus on maintaining efficient cold chain logistics in the agriculture and seafood sectors.

The cold storage construction market size is expected to see rapid growth in the next few years. It will grow to $30.68 billion in 2029 at a compound annual growth rate (CAGR) of 15.8%. The growth in the forecast period can be attributed to rising demand from e-commerce and online grocery shopping, increasing need for secure storage of vaccines and biologics in the pharmaceutical sector, growing emphasis on sustainable food preservation and waste reduction, expanding investment in large-scale cold chain infrastructure projects, and rising demand from production stores managing bulk perishable goods. Key trends in the forecast period include advancements in energy-efficient refrigeration systems, innovations in multi-story cold storage facility design, integration of smart monitoring systems for real-time management, use of sustainable building materials for cold storage construction, and innovations in warehouse automation to enhance cold chain efficiency.

The increasing demand for processed food is expected to drive the growth of the cold storage construction market in the coming years. Processed food refers to any food product altered from its original state through methods such as cooking, freezing, canning, or adding preservatives and flavorings to enhance shelf life, taste, or convenience. The rise in processed food consumption is fueled by modern lifestyles that prioritize convenience, consistency, and year-round availability, as consumers with busy schedules and dispersed households prefer items that save time and simplify meal planning. Cold storage construction supports this demand by providing temperature-controlled facilities that preserve product quality, extend shelf life, and ensure safe distribution from production to retail. For instance, in May 2023, according to the United States Department of Agriculture, a US-based federal agency, the total value of US processed food exports increased to $36.59 billion in 2023, reflecting a 1.7 percent rise compared to previous years. Therefore, the increasing demand for processed food is driving the cold storage construction market.

Key companies operating in the cold storage construction market are focusing on innovations such as energy-efficient temperature-controlled warehouses to meet the growing need for safe and long-lasting storage of perishable goods. Energy-efficient temperature-controlled warehouses are designed to maintain precise temperatures while minimizing energy consumption through advanced insulation, refrigeration systems, and smart monitoring technologies. For example, in May 2025, Indicold Private Limited, an India-based cold chain logistics company, launched its second fully automated frozen Automated Storage and Retrieval System (ASRS) facility in Detroj, Gujarat. The 90,000-square-foot warehouse, with a 10,000-pallet capacity, is maintained at -20°C and features India’s first Four-Way Shuttle ASRS system in the frozen segment, enabling optimal space utilization and operational flexibility. The facility integrates a real-time Warehouse Management System (WMS) for enhanced traceability and incorporates energy-efficient design measures to reduce temperature loss and promote sustainability.

In June 2024, EQT AB, a Sweden-based private equity company, acquired Constellation Cold Logistics for an undisclosed amount. Through this acquisition, EQT AB aims to strengthen its position in the European cold storage sector by scaling Constellation Cold Logistics through expansion, digitalization, and sustainability-driven growth. Constellation Cold Logistics S.à.r.l is a UK-based company specializing in cold storage construction.

Major players in the cold storage construction market are Lineage Logistics Holdings LLC, Americold Logistics LLC, Kajima Corporation, United States Cold Storage Inc., Primus Builders Inc., Graycor Inc., NewCold Coöperatief U.A., Tippmann Group, Alston Construction Company Inc., Astron Buildings S.A., E Pack Polymers Private Limited, Darwin Chambers Company LLC, Clarion Construction Inc., Stancold Limited., Hems Infratech Private Limited., Blue Cold Refrigeration Private Limited., Indicold Private Limited., BlueAce Limited., Cold Care Group, Bally Refrigerated Boxes Inc.

North America was the largest region in the cold storage construction market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in cold storage construction report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the construction sector, particularly in materials procurement and project costs. Higher duties on imported steel, aluminum, lumber, and machinery have driven up expenses for builders, contractors, and infrastructure developers, leading to increased project bids and delayed timelines. Construction equipment manufacturers face similar challenges, with tariffs on essential components and raw materials inflating production costs and squeezing margins. Additionally, retaliatory tariffs in international markets have curtailed exports of U.S.-made construction equipment and materials, further affecting profitability. The sector must now prioritize local sourcing, modular construction techniques, and supply chain diversification to control costs and ensure project viability amid ongoing trade uncertainties.

The cold storage construction market research report is one of a series of new reports that provides cold storage construction market statistics, including cold storage construction industry global market size, regional shares, competitors with a cold storage construction market share, detailed cold storage construction market segments, market trends and opportunities, and any further data you may need to thrive in the cold storage construction industry. This cold storage construction market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Cold storage construction refers to the specialized design and development of temperature-controlled facilities for preserving perishable products such as food, pharmaceuticals, and chemicals. It incorporates advanced insulation, refrigeration systems, and structural techniques to maintain precise temperature and humidity levels, ensuring long-term product safety and quality.

The primary types of cold storage construction are production stores, bulk stores, ports, and other types. Production stores refer to materials, components, and supplies kept in stock for use during manufacturing or production processes. These facilities can be built using methods such as concrete masonry units, metal panels, tilt-up concrete, and steel frames. They may operate as private, semi-private, or public warehouses and feature various levels of automation, including manual, semi-automated, and fully automated systems. Cold storage facilities serve multiple industries, including food and beverage, pharmaceutical and healthcare, industrial and manufacturing, and retail and commercial sectors.

The countries covered in the cold storage construction market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The cold storage construction market includes revenues earned by entities through design and engineering services, building and infrastructure construction, refrigeration and insulation systems installations, maintenance and repair services, and turnkey project management. 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.

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