Prediction and Analysis of Cold Storage Capacity Scale

In 2022, the global cold storage capacity will reach 875 million cubic meters; In 2023, the global cold storage capacity is approximately 946 million cubic meters. The China Investment Corporation Industry Research Institute predicts that the global cold storage capacity will reach 1021 million cubic meters in 2024, with an average annual compound growth rate of about 7.53% over the next five years (2024-2028), and will reach 1365 million cubic meters in 2028.

Chart: CIC Advisor's Global Cold Storage Capacity Forecast for 2024-2028In 2022, China's cold storage capacity will reach 210 million cubic meters; In 2023, China's cold storage capacity will reach 228 million cubic meters. The China Investment Corporation Industry Research Institute predicts that China's cold storage capacity will reach 250 million cubic meters by 2024, with an average annual compound growth rate of about 8.46% over the next five years (2024-2028), and will reach 346 million cubic meters by 2028.