Global coldstore capacity grows 16.7% in 2 years

Arlington, Virginia, USA: Worldwide refrigerated warehouse capacity worldwide was 719m cubic meters in 2020, up 16.7% on 2018, according to a report by the Global Cold Chain Alliance.

Its report, 2020 Global Cold Storage Capacity Report, details the expansive reach of cold chain suppliers in 51 countries. North America and China accounted for much of the increase in capacity since 2018.

The United States, at 156m cubic meters, was the single largest country market, followed by India at 150m cubic meters and China at 131 million cubic meters. Canada, the United States, Brazil, and the Netherlands all had average warehouse size of more than 100,000 cubic meters.

The top five GCCA global players in the market include Lineage Logistics, Americold Logistics, United States Cold Storage, Agro Merchants Group, LLC and NewCold Advanced Cold Logistics (its UK site is pictured).

Refrigerated warehouse space was distributed unevenly across countries based on the index of market penetration developed by the Global Cold Chain Alliance. Mexico, Brazil, and China have the largest unmet need for refrigerated warehouse space.

Worldwide, the average 2020 cold storage capacity per urban resident was 0.15 cubic meters, ranging from less than 0.1 cubic meters per resident to 0.9.
 
In developing country markets, middle-class and high-income consumer segments support the demand for refrigerated and frozen foods, which ultimately drives the refrigerated warehouse service industry.

“The report demonstrates the global reach of our trade association and importance of our industry research to cold storage companies around the world,” said Jason Troendle, director of market intelligence and research.

“The report also provides country-level data for 3PL cold storage capacity, private cold storage capacity, or both.”

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