diff --git a/include/spdk_internal/lvolstore.h b/include/spdk_internal/lvolstore.h
index 37c0ce8b0..9db4b2c95 100644
--- a/include/spdk_internal/lvolstore.h
+++ b/include/spdk_internal/lvolstore.h
@@ -73,6 +73,7 @@ struct spdk_lvol_store {
 	int				lvols_opened;
 	TAILQ_HEAD(, spdk_lvol)		lvols;
 	TAILQ_HEAD(, spdk_lvol)		pending_lvols;
+	TAILQ_HEAD(, spdk_lvol)		retry_open_lvols;
 	bool				on_list;
 	TAILQ_ENTRY(spdk_lvol_store)	link;
 	char				name[SPDK_LVS_NAME_MAX];
diff --git a/lib/lvol/lvol.c b/lib/lvol/lvol.c
index aee5d1211..987be639d 100644
--- a/lib/lvol/lvol.c
+++ b/lib/lvol/lvol.c
@@ -351,6 +351,7 @@ lvs_load_cb(void *cb_arg, struct spdk_blob_store *bs, int lvolerrno)
 	lvs->bs_dev = req->bs_dev;
 	TAILQ_INIT(&lvs->lvols);
 	TAILQ_INIT(&lvs->pending_lvols);
+	TAILQ_INIT(&lvs->retry_open_lvols);
 
 	req->lvol_store = lvs;
 
@@ -517,6 +518,7 @@ lvs_init_cb(void *cb_arg, struct spdk_blob_store *bs, int lvserrno)
 	lvs->blobstore = bs;
 	TAILQ_INIT(&lvs->lvols);
 	TAILQ_INIT(&lvs->pending_lvols);
+	TAILQ_INIT(&lvs->retry_open_lvols);
 
 	SPDK_INFOLOG(lvol, "Lvol store initialized\n");
 
diff --git a/module/bdev/lvol/vbdev_lvol.c b/module/bdev/lvol/vbdev_lvol.c
index 02736015a..2a31179a8 100644
--- a/module/bdev/lvol/vbdev_lvol.c
+++ b/module/bdev/lvol/vbdev_lvol.c
@@ -1340,8 +1340,12 @@ _vbdev_lvs_examine_finish(void *cb_arg, struct spdk_lvol *lvol, int lvolerrno)
 	struct spdk_lvol_store *lvs = req->lvol_store;
 
 	if (lvolerrno != 0) {
-		SPDK_ERRLOG("Error opening lvol %s\n", lvol->unique_id);
 		TAILQ_REMOVE(&lvs->lvols, lvol, link);
+		if (lvolerrno == -ENOMEM) {
+			TAILQ_INSERT_TAIL(&lvs->retry_open_lvols, lvol, link);
+			return;
+		}
+		SPDK_ERRLOG("Error opening lvol %s\n", lvol->unique_id);
 		lvs->lvol_count--;
 		free(lvol);
 		goto end;
@@ -1357,6 +1361,13 @@ _vbdev_lvs_examine_finish(void *cb_arg, struct spdk_lvol *lvol, int lvolerrno)
 	SPDK_INFOLOG(vbdev_lvol, "Opening lvol %s succeeded\n", lvol->unique_id);
 
 end:
+	if (!TAILQ_EMPTY(&lvs->retry_open_lvols)) {
+		lvol = TAILQ_FIRST(&lvs->retry_open_lvols);
+		TAILQ_REMOVE(&lvs->retry_open_lvols, lvol, link);
+		TAILQ_INSERT_HEAD(&lvs->lvols, lvol, link);
+		spdk_lvol_open(lvol, _vbdev_lvs_examine_finish, req);
+		return;
+	}
 	if (lvs->lvols_opened >= lvs->lvol_count) {
 		SPDK_INFOLOG(vbdev_lvol, "Opening lvols finished\n");
 		_vbdev_lvs_examine_done(req, 0);