Smarter cost management starts with comprehensive market intelligence
Providers of refrigerated storage operate warehousing and storage facilities with refrigeration and freezing capabilities. Temperature-controlled services include blast freezing, tempering, and atmosphere storage services—suppliers of refrigerated storage store perishable goods, such as food and furs for trade.
United States announces additional tariffs on China
United States postpones plans for sweeping tariffs on Canada and Mexico
Country/Region | Number of Suppliers |
---|---|
#1Europe | 2,290 |
#2United States | 1,260 |
#3Oceania & Southeast Asia | 1,120 |
We've uncovered the 11 top regions for global procurement, based on feedback from our most strategic clients. Access vendor counts for each unique region when you subscribe.
Prices in the Refrigerated Storage Services market range from $799.00 to $X,XXX.XX, depending on Climate Requirements, Product Size, Online Monitoring Capabilities and Cooling Technologies Used. For example, lower prices are associated with Standard refrigerator temperatures, whereas higher prices are associated with Near freezing storage temperatures.
Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.
Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Refrigerated Storage Services market, prices in the US have grown 1.2% from 2022 to 2025. Subscribers can access price trend forecasts, price driver projections and forward-looking cost structure data. Learn more
Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.
Total cost of ownership is Medium in the Refrigerated Storage Services market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs. For example, unforeseen costs in the form of Delays may raise the total cost of ownership unexpectedly.
In 2025, buyer power amounts to 0.3 in the United States. Buyer power is most positively impacted by Price Driver Volatility. It is most negatively impacted by Recent Price Volatility. Subscribers can access details on eight other factors that impact buyer power. Learn more
Develop strategies for the upcoming year and identify unforeseen opportunities for buying now
The average level of supply chain risk is assessed as Medium, which has a negative impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:
The largest Refrigerated Storage Services vendors by revenue in the US are United States Cold Storage Inc., Tippmann Group and Nor-Am Cold Storage Inc. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more
Supplier | Operational Size | Headquarters | Number of Employees | Market Share (%) | Market Share Performance (3yr trend) | Total Revenue ($ million) | Profit Level (%) | Risk Level |
---|---|---|---|---|---|---|---|---|
Americold Realty Trust | Global | Atlanta, GA | >10,000 | 10-15 | ||||
Xpo Logistics, Inc. | Global | GREENWICH | >10,000 | 5-10 | ||||
Lineage Logistics Holdings, Llc | International | Novi, MI | 1,001-10,000 | 5-10 | ||||
United States Cold Storage Inc. | National | Camden, NJ | 1,001-10,000 | < 5 | ||||
Tippmann Group | National | Fort Wayne, IN | 501-1,000 | < 5 | ||||
Nor-Am Cold Storage Inc | US | < 5 | ||||||
Midwest Refrigerated Services Inc. | US | < 5 | ||||||
Honeyville Inc. | National | Ogden, UT | 251-500 | < 5 | ||||
Henningsen Cold Storage Co. | National | Hillsboro, OR | 251-500 | < 5 |
Subscribers can access vendor information on Canadian and European suppliers, too. We also offer custom research services to help with vendor sourcing anywhere in the world.
The average profit margin across vendors in the Refrigerated Storage Services market is 15.2% and steady. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Purchases. The cost trend for this component is falling, when considering movement between 2024 and 2025. To understand cost forecasts for 2026 and uncover the implications on profit, start your subscription. Learn more
The average vendor risk in the market for refrigerated storage services is low, as suppliers tend to have high-profit levels that have been rising over the past three years. Vendors face low operating costs as typically few purchases are required, contributing to their overall lowered risk levels.
The top four refrigerated storage companies command less than 30.0% of total market revenue, indicative of low market share concentration. Low market share concentration promotes price-based competition between vendors in the market to differentiate themselves from competitors and attract business, increasing buyer power.
Air conditioning, refrigeration equipment wholesalers, industrial gas wholesalers, and electronic controls management suppliers do not experience much volatility in their supply chains. This reduces the risk passed to refrigerated storage service providers, leading to a moderate supply chain risk.
The United States is a net importer of commercial refrigerators and freezers, meaning they import more than they export in commercial refrigerators and freezers. While buyers benefit from wider availability of suppliers and cost-competitive product options, contracting with or procuring from overseas suppliers may contribute to longer lead times due to transport times.
Americold Realty Trust is a public company operating globally. The company's offerings include refrigerated storage services. Founded in 1903, the company is currently headquartered in Atlanta, Georgia, United States of America with an estimated 15484 employees. Subscribe to learn more
Lineage Logistics Holdings, Llc is a private company operating internationally. The company's offerings include refrigerated storage services. Founded in 2012, the company is currently headquartered in Novi, Michigan, United States of America with an estimated 7200 employees. Subscribe to learn more
XPO Logistics, Inc. is a global provider of freight transportation services. It organizes its business into two segments: the North American Less-Than-Truckload segment, which provides geographic density and day-definite domestic and cross-border services throughout the US, Mexico, Canada, and the Caribbean,... Subscribe to learn more
Burris Logistics is a private company operating nationally in the professional, scientific and technical services sector. The company's offerings include refrigerated storage services and third-party logistics services. Founded in 1925, the company is currently headquartered in Milford, Delaware, United States... Subscribe to learn more
Henningsen Cold Storage Co. is a private company operating nationally. The company's offerings include refrigerated storage services. Founded in 1923, the company is currently headquartered in Hillsboro, Oregon, United States of America with an estimated 375 employees. Subscribe to learn more
Honeyville Inc. is a private company operating nationally. The company's offerings include farm products warehousing and refrigerated storage services. Founded in 1951, the company is currently headquartered in Ogden, Utah, United States of America with an estimated 375 employees. Subscribe to learn more
Midwest Refrigerated Services Inc. is a private company operating . The company's offerings include refrigerated storage services. Founded in 2013, the company is currently headquartered in United States of America. Subscribe to learn more
Nor-Am Cold Storage Inc. is a private company operating . The company's offerings include refrigerated storage services. Founded in 2013, the company is currently headquartered in United States of America. Subscribe to learn more
Tippmann Group is a private company operating nationally. The company's offerings include refrigerated storage services. Founded in 1986, the company is currently headquartered in Fort Wayne, Indiana with an estimated 750 employees. Subscribe to learn more
Get a clear picture of the competition in a market and discover which vendors are best-suited for your sourcing needs. Our supplier profiles include hard-to-find financial ranges for private companies, cover public company data and feature an interactive competitor matrix.
Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Average Response Time and Customer Complaints. Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Temperature control and other factors.
KPI | Level of Importance (1-5) | Measurements | Key Considerations |
---|---|---|---|
Average Response Time | Time to respond to outreach via email Time to respond to outreach via phone | Buyers should assess how attentive suppliers are to buyer outreach to gauge whether the vendor is providing high-quality customer service. Poor response times may lead to delays for buyers, as vendors may delay in responding to requests to retrieve items. Buyers should weigh response times for email and phone contact differently, as well as the severity of the issue being presented to the supplier. | |
Customer Complaints | Number of complaints towards supplier per week Breakdown of complaints against supplier and severity of complaints | Buyers should keep track of complaints they issue against the supplier, as numerous complaints may warrant a change in vendors or contract renegotiation. Buyers should assess the severity of complaints, as many minor trivial issues do not warrant changing vendors. | |
Customer Service
How do you track customer satisfaction?
Have you had any major complaints from past clients? How have you dealt with these complaints?
Reliability
What actions do you take in case of a power outage or other emergency to save goods in inventory?
Have you had problems with temperature control in your warehouse? If so, how did you fix these problems?
Geographic Coverage
Does your company provide services on a national level or a local level? What markets do you primarily serve?
What makes your location more strategic than your competitors'?
View all 26 negotiation questions for this category when you subscribe.
Organizational Overview
Buyers should describe their business-specific needs for refrigerated storage services.
Buyers should provide information regarding the reason behind requesting refrigerated storage services.
Statement Of Need
Buyers should provide information regarding the products stored in refrigerated warehousing units.
Buyers should provide a breakdown of the needs for each product being stored. For example, buyers should provide details regarding the temperature and humidity at which each product should be stored.
Project Budget
Buyers should state their annual or monthly budget for these services.
If additional services are requested, buyers should provide a budget breakdown for each service.
Find out how you can access RFP templates for 800+ procurement categories to start writing better, more consistent RFPs.
Copyright © 2025 ProcurementIQ.
All Rights Reserved.