The International Association of Refrigerated Warehouses (IARW) has released its 2014 Global Cold Storage Capacity Report. The report shows the total worldwide capacity of refrigerated warehouses was estimated at 552 million cubic meters in 2014, an increase of 92 million cubic meters (20 percent) since 2012. India surpasses the US in cold storage capacity, while China came in third.
“It’s really interesting to see India surpass the US in total cold storage capacity with 131 million cubic meters of space, compared to 115 million cubic members for the US,” says Corey Rosenbusch, president & CEO, Global Cold Chain Alliance. “And as shown in the 2014 report, China is now the third-largest with 76 million cubic meters of space.”