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Saudi Arabia Cold Storage Market recorded decrease in demand owing to lower spending due to declining oil prices and deteriorating economic conditions during 2014-16. However, post 2017, the market is expected to regain growth, attributed to recovery of oil prices, expected increase in individual spending, expansion of retail and logistic sector and growing demand for packaged/imported food items. Saudi Arabia cold storage market is projected to reach $2,572 million by 2024. Saudi Arabia market registered a decline in demand during 2014-16 due to deteriorating economic conditions owing to fall in oil prices. However, the market is anticipated to bounce back with recovery of oil prices post 2017. Further, growing concerns over food wastage and increasing population in Saudi Arabia is expected to boost the growth of the cold storage market during the forecast period.