China Cold Storage Market Size and Share

China Cold Storage Market Size
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China Cold Storage Market Analysis by Mordor Intelligence

The China cold storage market size was valued at USD 47.78 billion in 2025 and is projected to grow to USD 51.98 billion in 2026 and reach USD 77.66 billion by 2031, growing at a CAGR of 8.36% from 2026 to 2031. 

Demand in the China cold storage market is now coming from a broader mix of food retail, biologics, premium convenience foods, and last-mile urban fulfillment, lifting the value of higher-specification storage beyond its capacity needs. The China cold storage market is also being shaped by stronger public investment in backbone logistics bases, county-level cold chain coverage, and low-carbon upgrades, which is shifting competition toward operators that can fund compliance and engineering upgrades at scale. Urban grocery delivery, instant retail, and tighter service windows are changing the preferred facility model in the China cold storage market from large, outer-ring warehouses to a mix that includes smaller, more distributed chilled nodes closer to dense residential areas. Competition is becoming more uneven because national operators are investing in automation, validated pharmaceutical lanes, and longer-term energy strategies, while smaller regional operators remain more exposed to electricity costs, land pressure, and rising technical standards. The China cold storage market, therefore, continues to offer room for expansion. Still, the clearest gains are moving toward higher-value segments, expanding the inland network, and developing facilities that combine storage, traceability, and reliable temperature control in a single service model.

Key Report Takeaways

  • By temperature type, chilled (0–5 °C) held 46.51% of the China cold storage market share in 2025, while deep-frozen/ultra-low (less than -20 °C) is forecast to grow at a 13.62% CAGR through 2031.
  • By automation level, conventional facilities accounted for 83.02% share of the China cold storage market size in 2025, while automated cold stores are projected to expand at a 16.36% CAGR through 2031.
  • By application, fruits and vegetables accounted for 28% of the China cold storage market size in 2025, while pharmaceuticals and biologics are expected to advance at a 16.68% CAGR through 2031.
  • By geography, the East region led with 30.11% of the China cold storage market share in 2025, while the South region is set to record the highest CAGR of 12.47% through 2031.

Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.

Segment Analysis

By Temperature Type: Deep-Frozen Demand Reshapes Facility Mix

Chilled (0–5 °C) storage accounted for 46.51% of China cold storage market share in 2025, making it the largest temperature segment by value. That position came from the large flow of fresh produce, dairy, chilled meat, and ready-to-sell food items moving through East and South China distribution networks. Chilled assets are important for throughput and network density, but they often serve food retail contracts with lower margins than more specialized low-temperature applications. Frozen storage remains central for processed meat, imports, and central kitchen supply because longer dwell times and more predictable throughput support steadier operating patterns in the China cold storage market.

Deep-frozen/ultra-low (-20 °C or lower) storage is projected to grow at a 13.62% CAGR through 2031, making it the fastest-expanding temperature segment in the China cold storage market. This demand is coming from both biologics handling and premium seafood or ice cream imports, which require more stable sub-zero performance than conventional food storage. Operators that entered this segment earlier are better placed because ultra-low chambers require more capex, tighter monitoring, and stronger engineering discipline than standard frozen rooms. The China cold storage industry is therefore seeing a clearer divide between volume-heavy chilled infrastructure and higher-yield ultra-low assets that serve fewer but more demanding customers.

China Cold Storage Market Share by Temperature Type, 2025
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China Cold Storage Market Share by Temperature Type, 2025

By Automation Level (Storage): Conventional Base Narrows As AS/RS Economics Improve

Conventional facilities accounted for 83.02% of the China cold storage market share in 2025, indicating that the installed base still reflects the rapid build-out phase of earlier years. Many of these assets were built when fast deployment mattered more than dense automation, especially for basic food logistics across expanding urban corridors. Their large footprint does not fully reflect current investment direction, as labor costs, food safety requirements, and service-level demands have all risen. Conventional operators now face pressure from both automated national networks and e-commerce-led stocking models that bypass many generic storage sites in the China cold storage market.

Automated cold stores are forecast to expand at a 16.36% CAGR through 2031, which is more than double the pace of the overall China cold storage market. The shift is being supported by falling equipment economics, stronger domestic manufacturing of AS/RS systems, and better returns from high-density sites in expensive urban logistics zones. The Xiangtan automated project cited by Keslon showed 3 times higher space utilization and 60% higher transfer efficiency than a comparable manual facility, which helps explain the commercial logic behind new capex decisions. The China cold storage industry is therefore moving toward automation as a practical response to labor exposure, traceability needs, and urban real estate constraints rather than as a narrow technology upgrade.

By Application: Pharmaceutical Segment Elevates Revenue Quality

Fruits and vegetables accounted for 28% of the China cold storage market size in 2025, making it the largest application segment by value. The segment reflects China’s scale in fresh produce production and its growing trade links with Southeast Asia, Australia, and South America for perishables that need dependable temperature control. Meat and Poultry remained another major use case, supported by imported volumes routed through bonded cold stores in Qingdao, Tianjin, and Shanghai. Fish and seafood also matter because import and export compliance is tightening, which raises the value of well-managed bonded cold storage in the China cold storage market.

Pharmaceuticals and biologics are projected to grow at a 16.68% CAGR through 2031, making it the fastest-growing application in the China cold storage market. This application carries better pricing because customers need validated handling, stronger chain-of-custody control, and dependable last-mile delivery for temperature-sensitive products. Vaccines and clinical trial materials create an even tighter niche because the temperature range can extend to cryogenic handling, which only a limited number of operators can support. The China cold storage market is therefore improving in terms of revenue quality as more operators move from volume-led food contracts toward technically demanding healthcare and specialty-materials businesses.

China Cold Storage Market Share by Application, 2025
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Geography Analysis

The East region led the China cold storage market, accounting for 30.11% in 2025. It remained the country’s strongest regional base for dense consumer demand, bonded import flows, and pharmaceutical manufacturing activity. This position comes from the Shanghai and Ningbo port corridor, the large consumer base across the Yangtze River Delta, and the presence of strong pharmaceutical clusters in Jiangsu and Zhejiang. East China also benefits from a mature multi-layer network that combines large multi-temperature parks, bonded facilities, and smaller urban nodes for fast food delivery. North China remains important because Beijing anchors administrative demand, and nearby agricultural zones support steady cold chain use across grain, meat, and broader food distribution systems. The China cold storage market in the South also benefits from Greater Bay Area trade links and cross-border refrigerated flows connected to Hong Kong and Guangdong.

The South region is projected to grow at a 12.47% CAGR through 2031, making it the fastest-growing geography in the China cold storage market. Growth is supported by the Pearl River Delta’s diverse manufacturing base, strong ready-to-eat meal demand, and seafood import activity through Guangzhou’s Nansha port. Shenzhen Agricultural Products Group signed a land-use agreement in May 2025 and committed CNY 306.56 million (USD 42.6 million) to land for a new import center in Nansha, indicating ongoing capital inflows into southern cold-chain capacity[3]MarketScreener. "Shenzhen Agricultural Power Group Agreed to Acquire Shenzhen Zhenchu Supply Chain Co. Ltd. for CNY 27.5 Million." March 26, 2025.. The Northeast remains important for frozen-food processing and seafood handling, but it also faces pressure from land and utility costs in key corridors. South China, therefore, stands out as the clearest near-term regional growth engine in the China cold storage market because it combines consumption, trade, and investment momentum in one corridor.

Central and Southwest China represent the clearest policy-led expansion zones in the China cold storage market because the backbone cold chain base development is attracting more investment inland. Sinotrans committed CNY 2.8 billion (USD 389 million) in March 2025 to 15 new cold chain parks across central and western provinces, signaling a deliberate push to connect inland production hubs with coastal consumption centers more efficiently. The Northwest remains the smallest and least-served region. Still, subsidies for agricultural cold chain infrastructure and a broader domestic dairy base are improving the medium-term case for selective investment. Regional performance in the China cold storage market will therefore remain uneven, but the strongest incremental upside now sits outside the most mature coastal clusters.

Competitive Landscape

The China cold storage market is less consolidated at the upper end, with the top 5 operators accounting for less than 40% of market value in 2025, while hundreds of smaller firms still serve local customers across standard storage segments. This structure creates a two-speed market where scale operators compete through national reach, automation, and compliance, while regional firms often rely on proximity and price. China Merchants Americold Holdings and Sinotrans are using a network strategy built around multi-temperature parks, large project pipelines, and long-term operating discipline in the China cold storage market. JD Logistics and SF Cold Chain are competing more through technology visibility, speed commitments, and integrated warehouse and transport management systems that improve execution consistency. Pharmaceutical-capable facilities also hold a stronger position because validated operations create higher switching costs and more stable customer relationships than standard food-only contracts.

JD Logistics opened its 120,000 m² multi-temperature automated center in Suzhou in April 2025, strengthening its ability to combine speed, automation, and national coverage in the China cold storage market. China Merchants Americold Holdings also secured CNY 3.5 billion (USD 487 million) in January 2025 to develop 20 GDP-compliant cold stores by 2027, with a focus on biologics and pharmaceutical logistics. Sinotrans committed CNY 2.8 billion (USD 389 million) in March 2025 to add 15 inland cold chain parks designed for rail-road interchange operations[4]Hkexnews. Sinotrans Ltd., Half-Year Report 2025 Management Discussion and Analysis. August 26, 2025. . These moves show that the most credible expansion models in the China cold storage market combine capacity growth with either automation depth, pharmaceutical readiness, or inland network positioning.

White space still exists in county-level nodes, bonded ultra-low facilities, and integrated storage services for central kitchen and food service chains. Operators with stronger digital systems are also gaining ground because predictive maintenance, IoT-based temperature visibility, and real-time inventory positioning improve uptime and customer confidence. This shifts the basis of competition in the China cold storage market away from asset ownership alone and toward service quality that can be measured and audited. Even with this shift, the presence of many regional firms means pricing pressure will remain visible in conventional storage, especially outside the highest-value pharmaceutical and automated niches.

China Cold Storage Industry Leaders

  1. China Merchants Americold Holdings Co., Ltd.

  2. JD Logistics, Inc.

  3. SF Cold Chain (SF Holding)

  4. Sinotrans Ltd.

  5. Xianyi Holdings Group

  6. *Disclaimer: Major Players sorted in no particular order
China Cold Storage Market Concentration
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Recent Industry Developments

  • April 2026: Nichirei Corporation announced the acquisition of 51% stakes in PT Mega Indo Logistik and PT Mega Internasional Sejahtera, Indonesia, consolidating the group's ASEAN cold chain network in the region's largest economy by GDP. The deal, scheduled to close in June 2026, is part of Nichirei's strategy to build a pan-ASEAN temperature-controlled logistics network amid compressing domestic Japanese cold-chain margins.
  • January 2026: SF Holding signed a subscription agreement with J&T Express, issuing approximately 225.9 million H-shares at HKD 36.74 (USD 4.69) per share and raising approximately HKD 8.299 billion (USD 1.07 billion). The transaction deepens SF Holding's footprint in cross-border e-commerce logistics and broadens SF Cold Chain's last-mile delivery reach across Southeast Asia.
  • June 2025: JD Logistics deployed 500,000 new reusable cold chain delivery boxes for fresh products on World Environment Day. Each reuse cycle is estimated to cut carbon emissions by 850 grams, targeting a lifecycle carbon reduction of 127,000 tons across the fleet.
  • May 2025: Shenzhen Agricultural Products Group signed a land use agreement with Guangzhou municipal authorities for a plot in Nansha District, committing CNY 306.56 million (USD 42.6 million) for land to develop a food and agricultural products import center in the Greater Bay Area, including cold storage and value-added processing capabilities.

Table of Contents for China Cold Storage Industry Report

1. Introduction

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview and Role of Cold Storage in Logistics
  • 4.2 Market Drivers
    • 4.2.1 Expansion of Online Grocery and Fresh E-Commerce
    • 4.2.2 Rising Pharmaceutical and Biologics Cold Chain Demand
    • 4.2.3 Government-Led Cold Chain Infrastructure Investment
    • 4.2.4 Rising Demand for Premium Frozen and Ready-To-Eat Foods
    • 4.2.5 Automation Adoption in High-Density Urban Logistics Hubs
    • 4.2.6 Export-Oriented Compliance for Seafood and Processed Food
  • 4.3 Market Restraints
    • 4.3.1 High Land and Electricity Costs in Core Logistics Corridors
    • 4.3.2 Fragmented Operator Base and Uneven Cold Chain Standardization
    • 4.3.3 Skilled Labor Shortages for Automation, Maintenance, and QA
    • 4.3.4 Grid Reliability and Carbon Compliance Pressure on Energy-Intensive Facilities
  • 4.4 Regulatory Framework
  • 4.5 Value Chain and Distribution Channel Architecture Analysis
  • 4.6 Technology Innovations Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Suppliers
    • 4.7.3 Bargaining Power of Buyers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Rivalry Among Competitors
  • 4.8 Evolution of the Cold Storage Industry
  • 4.9 Cold Storage Installed Capacity and Expansion Trend Analysis
  • 4.10 Public vs Private Capacity Split
  • 4.11 Key Infrastructure Projects
  • 4.12 Sustainability and ESG Assessment
  • 4.13 Impact of Geo-Political Events on Supply Chain Shifts

5. Market Size & Growth Forecasts (Value, 2026-2031)

  • 5.1 By Temperature Type
    • 5.1.1 Chilled (0–5 °C)
    • 5.1.2 Frozen (-18–0 °C)
    • 5.1.3 Ambient
    • 5.1.4 Deep-Frozen / Ultra-Low (Less than -20 °C)
  • 5.2 By Automation Level (Storage)
    • 5.2.1 Conventional Facilities
    • 5.2.2 Automated Cold Stores (AS/RS, Robotics)
  • 5.3 By Application
    • 5.3.1 Fruits and Vegetables
    • 5.3.2 Meat and Poultry
    • 5.3.3 Fish and Seafood
    • 5.3.4 Dairy and Frozen Desserts
    • 5.3.5 Bakery and Confectionery
    • 5.3.6 Ready-to-Eat Meals
    • 5.3.7 Pharmaceuticals and Biologics
    • 5.3.8 Vaccines and Clinical Trial Materials
    • 5.3.9 Chemicals and Specialty Materials
    • 5.3.10 Other Perishables
  • 5.4 By Region
    • 5.4.1 North
    • 5.4.2 Northeast
    • 5.4.3 East
    • 5.4.4 Central
    • 5.4.5 South
    • 5.4.6 Southwest
    • 5.4.7 Northwest

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Key Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
    • 6.4.1 China Merchants Americold Holdings Co., Ltd.
    • 6.4.2 JD Logistics, Inc.
    • 6.4.3 SF Cold Chain (SF Holding)
    • 6.4.4 Sinotrans Ltd.
    • 6.4.5 Xianyi Holdings Group
    • 6.4.6 Swire Cold Chain Logistics
    • 6.4.7 YH Global (Yuan Hong Holdings)
    • 6.4.8 COFCO Cold Chain Logistics
    • 6.4.9 Beijing Shounong Food Group Co., Ltd.
    • 6.4.10 CJ Rokin Logistics and Supply Chain Co., Ltd.
    • 6.4.11 China Logistics Group Cold Chain
    • 6.4.12 China Railway Special Cargo Logistics
    • 6.4.13 Shenzhen Agricultural Products Group (SZAP)
    • 6.4.14 Shandong Gaishi International Logistics Group
    • 6.4.15 Zhengming Logistics (ZM Logistics)
    • 6.4.16 Rongqing Logistics
    • 6.4.17 Wanwei Logistics
    • 6.4.18 Shanghai Speed Fresh Logistics Co. Ltd.
    • 6.4.19 Qingdao Port International Co. Ltd.
    • 6.4.20 Nichirei Logistics Group
    • 6.4.21 Henan Fresh Easy Supply Chain Co. Ltd.
    • 6.4.22 Hunan Hongxing Frozen Food Co. Ltd.

7. Market Opportunities and Future Outlook

  • 7.1 White-space and Unmet-Need Assessment

China Cold Storage Market Report Scope

By Temperature Type
Chilled (0–5 °C)
Frozen (-18–0 °C)
Ambient
Deep-Frozen / Ultra-Low (Less than -20 °C)
By Automation Level (Storage)
Conventional Facilities
Automated Cold Stores (AS/RS, Robotics)
By Application
Fruits and Vegetables
Meat and Poultry
Fish and Seafood
Dairy and Frozen Desserts
Bakery and Confectionery
Ready-to-Eat Meals
Pharmaceuticals and Biologics
Vaccines and Clinical Trial Materials
Chemicals and Specialty Materials
Other Perishables
By Region
North
Northeast
East
Central
South
Southwest
Northwest
By Temperature Type Chilled (0–5 °C)
Frozen (-18–0 °C)
Ambient
Deep-Frozen / Ultra-Low (Less than -20 °C)
By Automation Level (Storage) Conventional Facilities
Automated Cold Stores (AS/RS, Robotics)
By Application Fruits and Vegetables
Meat and Poultry
Fish and Seafood
Dairy and Frozen Desserts
Bakery and Confectionery
Ready-to-Eat Meals
Pharmaceuticals and Biologics
Vaccines and Clinical Trial Materials
Chemicals and Specialty Materials
Other Perishables
By Region North
Northeast
East
Central
South
Southwest
Northwest

Key Questions Answered in the Report

What is the projected value of the China cold storage sector by 2031?

The China cold storage market is forecast to reach USD 77.66 billion by 2031 from USD 51.98 billion in 2026, growing at an 8.36% CAGR over 2026 to 2031.

Which application is expanding the fastest in China cold storage?

Pharmaceuticals and biologics are the fastest-growing application, with a projected 16.68% CAGR through 2031, well above the overall market pace.

Which region leads the cold storage demand in China?

The East region led with a 30.11% share in 2025, driven by high consumption, strong port infrastructure, and pharmaceutical manufacturing clusters.

Why are automated facilities gaining traction in China?

Automated cold stores are projected to grow at a 16.36% CAGR as operators seek better space utilization, more reliable low-temperature handling, and stronger traceability in urban logistics hubs.

What is the biggest challenge for cold storage operators in China?

High land and electricity costs in major logistics corridors remain a major challenge, especially for smaller operators that cannot easily fund energy and compliance upgrades.

How concentrated is the competitive landscape in China cold storage?

The top five operators accounted for less than 40% of the market value in 2025, while hundreds of smaller firms continued to serve local customers across standard storage segments.

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