We study the hadronic yields produced in two small collision systems d−Au at √sNN=0.2TeV and p−Pb at √sNN=5.02TeV, and extracted the chemical freeze-out (CFO) parameters. The CFO parameters are obtained using a hadron resonance gas (HRG) model and in this study present the system size dependence of the parameters. We observe that with the strangeness suppression factor γS included in the model, a single freeze-out scenario can describe hadronic yields for all the centralities of d−Au collision at √sNN=0.2TeV, indicating that the strange hadrons have not reached full equilibrium. On the other hand, for small average charged particle multiplicity (〈dNch/dη〉) bins of p−Pb collision at √sNN=5.02TeV strangeness is not fully equilibrated whereas strangeness equilibration seems to be reached in large 〈dNch/dη〉. For both the collision systems, no significant system volume dependence of the temperature has been observed. However, in comparable 〈dNch/dη〉 values, temperatures are 10–20MeV larger for d−Au collision compared to p−Pb collision. We observe that the volume of the system at the CFO increases with increase of charge multiplicity for both the collisions. The increase is much steeper in p−Pb collision at √sNN=5.02TeV than d−Au collision at √sNN=0.2TeV. Further, we analyze the transverse momentum (pT) spectra of different hadrons produced in d−Au collision at √sNN=0.2TeV in a combined freeze-out scenario. We show the 〈dNch/dη〉 dependence of freeze-out parameters. It is observed that with γS included in the model, a single freeze-out scheme can describe the pT spectra. For similar 〈dNch/dη〉 values, γS in both the collision systems are close to each other and overall values of γS increase with increase of 〈dNch/dη〉. Unlike CFO scenario using the produced hadron yields only, freeze-out temperature in combined scenario of chemical and kinetic freeze-out, obtained from pT spectra, increases with increase of 〈dNch/dη〉. For smaller 〈dNch/dη〉 values, the temperature in d−Au collision at √sNN=0.2TeV is similar to that of p−Pb collision at √sNN=5.02TeV. However, temperatures are larger in d−Au collision than p−Pb collision at larger 〈dNch/dη〉 values.