India Cold Storage Market is projected to grow at a CAGR of 11.7% during 2024-2030

In terms of Facility, the Cold room/refrigerated warehouse has accomplished the highest market revenue in the India Cold Storage Market   –6Wresearch

By Facility, Cold room/refrigerated warehouse garnered the highest market revenue share in 2023, attributed to growing usage of cold storage rooms in food and processing, beverages, dairy, pharmaceuticals industry to maintain the quality of the product, with adherence to the government standards and regulation.

According to 6Wresearch, India Cold Storage Market is projected to grow at a CAGR of 11.7% during 2024-2030. Cold storage facilities have been upgraded to meet higher demands for perishable foods, utilizing data analytics for improved operations. Additionally, rise of specialized third-party logistics providers which offers integrated cold chain solutions to food businesses. The trend toward environmentally friendly cold storage facilities is on the rise, utilizing energy-efficient refrigerants like Ammonia and HFCs, along with green refrigerants such as R-407c and R-404a. Moreover, there is a rising emphasis on energy efficiency and sustainability in cold storage, with the uptake of renewable energy and green building practices, including a shift towards solar-powered cold storage units.

According to Abhishek Mishra, Senior Research Analyst, 6Wresearch, by Component, the Compressor garnered the maximum revenue share in in cold rooms/refrigerated warehousing market attributed to it being a central component of refrigeration systems, responsible for the circulation and compression of refrigerant gases coupled with its vital role in maintaining the desired temperature within cold rooms and refrigerated warehouses.

The India Cold Storage Market (2024-2030) report provides an in-depth analysis with 17 figures and 9 tables, covering 85 pages. India Cold Storage Market report thoroughly covers the market by Facility, Components, Storage Capacity, Temperature Range and Application. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.