GCCA report shows 8.6% increase in cold storage capacity worldwide since 2014

Biannual report shows continuous growth spurred by new construction in emerging markets.

By ·

The 2016 Global Cold Chain Alliance (GCCA) Global Cold Storage Capacity Report showed that cold storage capacity has experienced steady growth since 2014, the last time the survey was conducted.

According to the report, total capacity was 600 million cubic meters in 2016, an increase of 8.6% since 2014. The data also revealed that much of the increase in refrigerated warehousing space came from new construction in emerging markets.

“It’s exciting to see such strong growth and new construction around the world,” said Corey Rosenbusch, president and CEO, GCCA. “We have been watching the shift in capacity as a product of middle class growth in emerging markets like China and India even as consolidation occurs in other developed markets.”

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. Reports from Europe, however, indicated that refrigerated warehouse space declined in 2016 in several countries. Turkey and Great Britain were exceptions. The expansion in Great Britain was largely due to retailers’ construction of distribution centers for private use.

Written by Victoria Salin, a professor in the Department of Agricultural Economics at Texas A&M University, the 30-page report includes analyses on growth trends in global capacity, market development indicators, and characteristics of refrigerated warehouses around the world.

The report features cold storage market data on 52 countries. During the last two years, approximately 11 million cubic meters of additional refrigerated warehouse capacity has been added to the GCCA database from countries that were included for the first time in 2016. The newly added countries were South Korea, Peru, Mauritius, Ecuador and Kenya.

“Having tracked the trends in refrigerated warehousing for several years, we are now able to establish that large-format supermarket retailing is a leading indicator of warehousing in nearly all countries (India is the exception),” Salin said. “In countries where the rate of supermarket expansion exceeded 25% per year, the refrigerated warehouse market penetration per capita grew by 20% or better. This analysis gives insight on the consumer and points out the countries where refrigerated warehouse capacity has not kept pace with the growing population.”

The 2016 Global Cold Storage Capacity Report is available to IARW members as a benefit of membership and for a fee to nonmembers.


Subscribe to Modern Materials Handling Magazine!

Subscribe today. It's FREE!
Find out what the world’s most innovative companies are doing to improve productivity in their plants and distribution centers.
Start your FREE subscription today!

Latest Whitepaper
The Overlooked Competitive Advantage: Connected Teams
57% of surveyed manufacturers believe they could reduce downtime by 10-30% by unifying their workgroup communications. What does a minute of downtime cost you?
Download Today!
From the January 2018 Modern Materials Handling Issue
PFS built one of the largest and most automated AS/RS freezers in the world in Washington state. Next up is a new design for automation. Automated Storage/ Automated Retrieval System, Cold Storage.
Lift Truck Series Part 1: Lift truck technology connects pickers to productivity
Breaking Through On Yard Visibility
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Emerging Technologies for Your Distribution Center
Come get an insider's view of the latest technologies for inside your Distribution Center. You'll learn which technologies are being piloted, which are having success and moving from concept to implementation and into production on the maturity scale, and what's coming on the horizon.
Register Today!
EDITORS' PICKS
Trinchero Family Estates: Pallet handling in the vineyard
The second-largest family-owned wine company in the world turns to automated pallet handling and...
System Report: Rocky Brands Sees the Light
Confronting an aging materials handling system and new channels of business with new customer...

Top 20 industrial lift truck suppliers, 2017
The top lift truck suppliers list is changing with industry acquisitions causing a dramatic...
Lodge Manufacturing: Distribution Cast in Iron
In a new facility, iPhones and a new WMS allowed cookware manufacturer Lodge to double its business...