Cold Storage Market Size to be Worth USD 392.16 Billion By 2032 | Precedence Research
Driver: The rapidly rising global food trade is driving the growth of the cold storage market.
- Driver: The rapidly rising global food trade is driving the growth of the cold storage market.
- Cold Chain Equipment Market: The global cold chain equipment market size exceeded USD 14.08 billion in 2022, and it is projected to hit around USD 108.37 billion by 2032, growing at a CAGR of 22.64% from 2023 to 2032.
- Carbon Capture and Storage Market: The global carbon capture and storage market size was evaluated at USD 5.99 billion in 2023 and it is expected to touch around USD 35.70 billion by 2032, poised to grow at a CAGR of 21.94% during the forecast period 2023 to 2032.
- Thermal Energy Storage Market: The global thermal energy storage market size was estimated at USD 21.66 billion in 2022 and is projected to surpass around USD 50.57 billion by the year 2032, growing at a notable CAGR of 8.9% during the forecast period 2023 to 2032.