Summary

The global market for Cold Chain Equipment was estimated to be worth US$ 19985 million in 2024 and is forecast to a readjusted size of US$ 28448 million by 2031 with a CAGR of 5.3% during the forecast period 2025-2031.
An unbroken cold chain is an uninterrupted series of refrigerated production, storage and distribution activities, along with associated equipment and logistics, which maintain a desired low-temperature range. Such products, during transport and when in transient storage, are sometimes called cool cargo. The report covers forecast and analysis for the cold chain equipment market on a global and regional level. The study provides historic data of 2014 along with a forecast from 2015 to 2020 based on revenue (USD million). The study includes drivers and restraints for the cold chain equipment market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the cold chain equipment market on a global level.
Major global manufacturers of cold chain equipment include Carrier, Epta SpA, CIMC, Hoshizaki International, Dover Corporation, AHT Cooling Systems, among others. Leading companies are renowned in the industry for their outstanding product performance and reliable service. The top five manufacturers collectively hold about 35% of the market share. Chinese domestic manufacturers, such as CIMC and Zhejiang Xingxing,etc., benefit from cost advantages and have secured a strong position in the domestic cold chain equipment market.
The market for cold chain equipment is broadly categorized into two product types: Cold Chain Storage Equipment and Cold Chain Transportation Equipment. Among these, Cold Chain Storage Equipment dominates the market landscape, holding an estimated 73% of the global market share. This is largely attributed to its critical role in distribution centers, warehouses, pharmaceutical depots, and intermediate storage nodes, where temperature precision and extended preservation time are essential. The dominance of storage solutions reflects the growing emphasis on inventory stability, long-term freshness, and centralized cold inventory control in modern logistics networks.
In terms of applications, cold chain equipment serves a diverse range of industries, most notably Food and Beverage, Medical and Pharmaceutical, and several other emerging areas. The Food and Beverage sector is the most prominent end-user, accounting for approximately 61% of the total market revenue. This trend is driven by consumers' increasing demand for fresh produce, dairy items, seafood, and ready-to-eat meals. As the preference for quality, safety, and nutritional integrity rises, so does the reliance on robust cold chain infrastructure. Retail chains, meal delivery services, and online grocery platforms are scaling up their investment in cold storage and transportation, further reinforcing demand.
The Medical and Pharmaceutical sector represents another high-potential application area, given the strict regulatory requirements for transporting temperature-sensitive drugs, vaccines, and biologics. The need for compliance with good storage practices (GSP), good distribution practices (GDP), and other international standards has propelled demand for highly specialized, intelligent cold chain equipment capable of offering precise temperature tracking, validation, and alarm systems.
Geographically, the Asia-Pacific region has emerged as the largest market for cold chain equipment. This rapid growth is drived by increasing urbanization, the expansion of organized retail, and supportive government initiatives in countries like China, India, Japan, and South Korea. Food security policies, public immunization programs, and rising disposable incomes have all contributed to a surge in demand for cold logistics. While North America and Europe represent mature markets with established infrastructure and high technical standards, their growth rates have plateaued. Meanwhile, Latin America, Africa, and the Middle East are witnessing gradual growth but face significant infrastructural and regulatory challenges.
Multiple factors are fueling the expansion of the cold chain equipment market. Chief among them is the growing consumer preference for fresh and high-quality food products, coupled with increased health awareness. The proliferation of e-commerce, particularly in fresh food and pharmaceuticals, has led to a heightened need for efficient and scalable cold chain networks. Furthermore, technological advancements in IoT, cloud computing, and automation have enhanced the real-time performance, energy efficiency, and traceability of cold chain equipment. These developments not only increase operational reliability but also reduce product loss and energy consumption.
Nevertheless, the industry does face some critical barriers. High capital expenditure remains a deterrent, especially for small and medium-sized enterprises. The installation and maintenance of cold chain systems require substantial investment in equipment, skilled personnel, and ongoing energy costs. In emerging markets, the lack of reliable power supply, inadequate infrastructure, and limited access to advanced refrigeration technologies pose significant constraints. In addition, the absence of standardized global norms across countries creates regulatory bottlenecks, complicating international trade and equipment deployment.
Looking ahead, the cold chain equipment industry is expected to embrace two core development paths. The first is intelligent digitization. By integrating AI algorithms, real-time sensors, GPS tracking, and predictive maintenance features, cold chain systems can optimize resource utilization and provide end-to-end visibility into product integrity. The second is ecological sustainability. Responding to global climate goals and environmental regulations, manufacturers are increasingly focusing on energy-efficient refrigerants, recyclable insulation materials, and low-emission cooling units to reduce the carbon footprint of cold chain operations.
In conclusion, Cold Chain Equipment is indispensable to modern logistics and public health systems. It ensures that sensitive commodities maintain their quality from production to consumption. With the convergence of technological innovation, rising health consciousness, and expanding international trade, the global cold chain equipment market is poised for continued expansion. Particularly in the Asia-Pacific region, ongoing investments and policy support are laying the foundation for a robust, resilient, and intelligent cold chain future.
This report aims to provide a comprehensive presentation of the global market for Cold Chain Equipment, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Cold Chain Equipment by region & country, by Type, and by Application.
The Cold Chain Equipment market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Cold Chain Equipment.
Market Segmentation
By Company
Carrier
Epta SpA
CIMC
Hoshizaki International
Dover Corporation
AHT Cooling Systems
Panasonic
Ali Group
Frigoglass
Great Dane Trailers
Zhejiang Xingxing
Aucma
Ugur Cooling
Metalfrio Solutions
Illinois Tool Works Inc
Liebherr
Arneg
Qingdao Hiron
YINDU KITCHEN EQUIPMENT
Wabash National
Utility Trailer Manufacturing Company
Haier
Segment by Type
Cold Chain Storage Equipment
Cold Chain Transportation Equipment
Segment by Application
Food and Baverage
Medical and Pharmaceutical
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Cold Chain Equipment company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Revenue of Cold Chain Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Cold Chain Equipment in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

ページTOPに戻る

Table of Contents

1 Market Overview
1.1 Cold Chain Equipment Product Introduction
1.2 Global Cold Chain Equipment Market Size Forecast (2020-2031)
1.3 Cold Chain Equipment Market Trends & Drivers
1.3.1 Cold Chain Equipment Industry Trends
1.3.2 Cold Chain Equipment Market Drivers & Opportunity
1.3.3 Cold Chain Equipment Market Challenges
1.3.4 Cold Chain Equipment Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Cold Chain Equipment Players Revenue Ranking (2024)
2.2 Global Cold Chain Equipment Revenue by Company (2020-2025)
2.3 Key Companies Cold Chain Equipment Manufacturing Base Distribution and Headquarters
2.4 Key Companies Cold Chain Equipment Product Offered
2.5 Key Companies Time to Begin Mass Production of Cold Chain Equipment
2.6 Cold Chain Equipment Market Competitive Analysis
2.6.1 Cold Chain Equipment Market Concentration Rate (2020-2025)
2.6.2 Global 5 and 10 Largest Companies by Cold Chain Equipment Revenue in 2024
2.6.3 Global Top Companies by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Cold Chain Equipment as of 2024)
2.7 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Cold Chain Storage Equipment
3.1.2 Cold Chain Transportation Equipment
3.2 Global Cold Chain Equipment Sales Value by Type
3.2.1 Global Cold Chain Equipment Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Cold Chain Equipment Sales Value, by Type (2020-2031)
3.2.3 Global Cold Chain Equipment Sales Value, by Type (%) (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Food and Baverage
4.1.2 Medical and Pharmaceutical
4.1.3 Others
4.2 Global Cold Chain Equipment Sales Value by Application
4.2.1 Global Cold Chain Equipment Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Cold Chain Equipment Sales Value, by Application (2020-2031)
4.2.3 Global Cold Chain Equipment Sales Value, by Application (%) (2020-2031)
5 Segmentation by Region
5.1 Global Cold Chain Equipment Sales Value by Region
5.1.1 Global Cold Chain Equipment Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Cold Chain Equipment Sales Value by Region (2020-2025)
5.1.3 Global Cold Chain Equipment Sales Value by Region (2026-2031)
5.1.4 Global Cold Chain Equipment Sales Value by Region (%), (2020-2031)
5.2 North America
5.2.1 North America Cold Chain Equipment Sales Value, 2020-2031
5.2.2 North America Cold Chain Equipment Sales Value by Country (%), 2024 VS 2031
5.3 Europe
5.3.1 Europe Cold Chain Equipment Sales Value, 2020-2031
5.3.2 Europe Cold Chain Equipment Sales Value by Country (%), 2024 VS 2031
5.4 Asia Pacific
5.4.1 Asia Pacific Cold Chain Equipment Sales Value, 2020-2031
5.4.2 Asia Pacific Cold Chain Equipment Sales Value by Region (%), 2024 VS 2031
5.5 South America
5.5.1 South America Cold Chain Equipment Sales Value, 2020-2031
5.5.2 South America Cold Chain Equipment Sales Value by Country (%), 2024 VS 2031
5.6 Middle East & Africa
5.6.1 Middle East & Africa Cold Chain Equipment Sales Value, 2020-2031
5.6.2 Middle East & Africa Cold Chain Equipment Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Cold Chain Equipment Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Cold Chain Equipment Sales Value, 2020-2031
6.3 United States
6.3.1 United States Cold Chain Equipment Sales Value, 2020-2031
6.3.2 United States Cold Chain Equipment Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Cold Chain Equipment Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Cold Chain Equipment Sales Value, 2020-2031
6.4.2 Europe Cold Chain Equipment Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Cold Chain Equipment Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Cold Chain Equipment Sales Value, 2020-2031
6.5.2 China Cold Chain Equipment Sales Value by Type (%), 2024 VS 2031
6.5.3 China Cold Chain Equipment Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Cold Chain Equipment Sales Value, 2020-2031
6.6.2 Japan Cold Chain Equipment Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Cold Chain Equipment Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Cold Chain Equipment Sales Value, 2020-2031
6.7.2 South Korea Cold Chain Equipment Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Cold Chain Equipment Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Cold Chain Equipment Sales Value, 2020-2031
6.8.2 Southeast Asia Cold Chain Equipment Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Cold Chain Equipment Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Cold Chain Equipment Sales Value, 2020-2031
6.9.2 India Cold Chain Equipment Sales Value by Type (%), 2024 VS 2031
6.9.3 India Cold Chain Equipment Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Carrier
7.1.1 Carrier Profile
7.1.2 Carrier Main Business
7.1.3 Carrier Cold Chain Equipment Products, Services and Solutions
7.1.4 Carrier Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.1.5 Carrier Recent Developments
7.2 Epta SpA
7.2.1 Epta SpA Profile
7.2.2 Epta SpA Main Business
7.2.3 Epta SpA Cold Chain Equipment Products, Services and Solutions
7.2.4 Epta SpA Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.2.5 Epta SpA Recent Developments
7.3 CIMC
7.3.1 CIMC Profile
7.3.2 CIMC Main Business
7.3.3 CIMC Cold Chain Equipment Products, Services and Solutions
7.3.4 CIMC Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.3.5 CIMC Recent Developments
7.4 Hoshizaki International
7.4.1 Hoshizaki International Profile
7.4.2 Hoshizaki International Main Business
7.4.3 Hoshizaki International Cold Chain Equipment Products, Services and Solutions
7.4.4 Hoshizaki International Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.4.5 Hoshizaki International Recent Developments
7.5 Dover Corporation
7.5.1 Dover Corporation Profile
7.5.2 Dover Corporation Main Business
7.5.3 Dover Corporation Cold Chain Equipment Products, Services and Solutions
7.5.4 Dover Corporation Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.5.5 Dover Corporation Recent Developments
7.6 AHT Cooling Systems
7.6.1 AHT Cooling Systems Profile
7.6.2 AHT Cooling Systems Main Business
7.6.3 AHT Cooling Systems Cold Chain Equipment Products, Services and Solutions
7.6.4 AHT Cooling Systems Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.6.5 AHT Cooling Systems Recent Developments
7.7 Panasonic
7.7.1 Panasonic Profile
7.7.2 Panasonic Main Business
7.7.3 Panasonic Cold Chain Equipment Products, Services and Solutions
7.7.4 Panasonic Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.7.5 Panasonic Recent Developments
7.8 Ali Group
7.8.1 Ali Group Profile
7.8.2 Ali Group Main Business
7.8.3 Ali Group Cold Chain Equipment Products, Services and Solutions
7.8.4 Ali Group Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.8.5 Ali Group Recent Developments
7.9 Frigoglass
7.9.1 Frigoglass Profile
7.9.2 Frigoglass Main Business
7.9.3 Frigoglass Cold Chain Equipment Products, Services and Solutions
7.9.4 Frigoglass Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.9.5 Frigoglass Recent Developments
7.10 Great Dane Trailers
7.10.1 Great Dane Trailers Profile
7.10.2 Great Dane Trailers Main Business
7.10.3 Great Dane Trailers Cold Chain Equipment Products, Services and Solutions
7.10.4 Great Dane Trailers Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.10.5 Great Dane Trailers Recent Developments
7.11 Zhejiang Xingxing
7.11.1 Zhejiang Xingxing Profile
7.11.2 Zhejiang Xingxing Main Business
7.11.3 Zhejiang Xingxing Cold Chain Equipment Products, Services and Solutions
7.11.4 Zhejiang Xingxing Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.11.5 Zhejiang Xingxing Recent Developments
7.12 Aucma
7.12.1 Aucma Profile
7.12.2 Aucma Main Business
7.12.3 Aucma Cold Chain Equipment Products, Services and Solutions
7.12.4 Aucma Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.12.5 Aucma Recent Developments
7.13 Ugur Cooling
7.13.1 Ugur Cooling Profile
7.13.2 Ugur Cooling Main Business
7.13.3 Ugur Cooling Cold Chain Equipment Products, Services and Solutions
7.13.4 Ugur Cooling Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.13.5 Ugur Cooling Recent Developments
7.14 Metalfrio Solutions
7.14.1 Metalfrio Solutions Profile
7.14.2 Metalfrio Solutions Main Business
7.14.3 Metalfrio Solutions Cold Chain Equipment Products, Services and Solutions
7.14.4 Metalfrio Solutions Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.14.5 Metalfrio Solutions Recent Developments
7.15 Illinois Tool Works Inc
7.15.1 Illinois Tool Works Inc Profile
7.15.2 Illinois Tool Works Inc Main Business
7.15.3 Illinois Tool Works Inc Cold Chain Equipment Products, Services and Solutions
7.15.4 Illinois Tool Works Inc Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.15.5 Illinois Tool Works Inc Recent Developments
7.16 Liebherr
7.16.1 Liebherr Profile
7.16.2 Liebherr Main Business
7.16.3 Liebherr Cold Chain Equipment Products, Services and Solutions
7.16.4 Liebherr Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.16.5 Liebherr Recent Developments
7.17 Arneg
7.17.1 Arneg Profile
7.17.2 Arneg Main Business
7.17.3 Arneg Cold Chain Equipment Products, Services and Solutions
7.17.4 Arneg Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.17.5 Arneg Recent Developments
7.18 Qingdao Hiron
7.18.1 Qingdao Hiron Profile
7.18.2 Qingdao Hiron Main Business
7.18.3 Qingdao Hiron Cold Chain Equipment Products, Services and Solutions
7.18.4 Qingdao Hiron Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.18.5 Qingdao Hiron Recent Developments
7.19 YINDU KITCHEN EQUIPMENT
7.19.1 YINDU KITCHEN EQUIPMENT Profile
7.19.2 YINDU KITCHEN EQUIPMENT Main Business
7.19.3 YINDU KITCHEN EQUIPMENT Cold Chain Equipment Products, Services and Solutions
7.19.4 YINDU KITCHEN EQUIPMENT Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.19.5 YINDU KITCHEN EQUIPMENT Recent Developments
7.20 Wabash National
7.20.1 Wabash National Profile
7.20.2 Wabash National Main Business
7.20.3 Wabash National Cold Chain Equipment Products, Services and Solutions
7.20.4 Wabash National Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.20.5 Wabash National Recent Developments
7.21 Utility Trailer Manufacturing Company
7.21.1 Utility Trailer Manufacturing Company Profile
7.21.2 Utility Trailer Manufacturing Company Main Business
7.21.3 Utility Trailer Manufacturing Company Cold Chain Equipment Products, Services and Solutions
7.21.4 Utility Trailer Manufacturing Company Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.21.5 Utility Trailer Manufacturing Company Recent Developments
7.22 Haier
7.22.1 Haier Profile
7.22.2 Haier Main Business
7.22.3 Haier Cold Chain Equipment Products, Services and Solutions
7.22.4 Haier Cold Chain Equipment Revenue (US$ Million) & (2020-2025)
7.22.5 Haier Recent Developments
8 Industry Chain Analysis
8.1 Cold Chain Equipment Industrial Chain
8.2 Cold Chain Equipment Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Cold Chain Equipment Sales Model
8.5.2 Sales Channel
8.5.3 Cold Chain Equipment Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer