The International Association of Refrigerated Warehouses (IARW) has been collecting data on the global cold storage industry since 1998. The survey is used to write the Global Cold Storage Capacity Report, which provides industry growth trends, market development indicators, and market comparisons. The report also provides foreign investors with an invaluable resource for identifying potential investment opportunities. This is the only comprehensive look at worldwide cold storage capacity in the world.
2016 GCCA Global Cold Storage Capacity Report
This report provides an update on refrigerated warehousecapacity in 52countries using information collected from international offices of the Global Cold Chain Alliance (GCCA). The primary data source was a survey administered in spring 2016 by the GCCA staff. In addition, official government reports were the sources for information on the United States (U.S. Department of Agriculture) and India (India Department of Agriculture, Cooperation and Farmers Welfare).
The total capacity of refrigerated warehouses was 600 million cubic meters in 2016, an increase of 8.6% since 2014 (4.2% annualized growth rate). Considerable new construction in emerging markets explains most of the increase in refrigerated warehousing space.
Construction of new refrigerated warehouse spacewas particularly strong in China (more than 30 million cubic meters) and India (10 million cubic meters). Construction also occurred in markets that previously had little cold storage capacity, namely Uzbekistan and Turkey.
The United States, Mexico, and Canada each indicated growth in refrigerated warehouse capacity since
2014. In North America, the total refrigerated warehouse space was 6 million cubic meters larger in 2016
than that reported in 2014, an increase of 4.6% since 2014 (2.3% annualized growth rate).
Source:
GCCA.org
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