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According to our LPI (LP Information) latest study, the global Cold Chain market size was valued at US$ 245240 million in 2023. With growing demand in downstream market, the Cold Chain is forecast to a readjusted size of US$ 489380 million by 2030 with a CAGR of 10.4% during review period.
The research report highlights the growth potential of the global Cold Chain market. Cold Chain are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Cold Chain. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Cold Chain market.
Cold Chain is a network of refrigerators, cold stores, freezers and cold boxes organized and maintained so that products are kept at the right temperature to remain flesh in transportation, storage and distribution from factory to the point of use.
Currently, there are many players in the world. The main market players are AmeriCold Logistics, Nichirei Logistics Group, Lineage Logistics,OOCL Logistics , Burris Logistics, VersaCold Logistics Services, JWD Group and Swire Group, etc, with about 5% market shares.
Europe is the largest market of Cold Chain, with a market value share nearly 27%. The second place is North America; following Europe with the market value share over 27%. China is another important production market of Cold Chain.
The Cold Chain includes Refrigerated Storage and Cold Chain Logistics, the Refrigerated Storage revenue market share is 69% and the Cold Chain Logistics revenue market share is 30%.
Cold Chain used in industry including Food and Beverages, Healthcare and Others. Report data showed that 84% of the Cold Chain market demand in Food and Beverages, 11% in Healthcare.
Key Features:
The report on Cold Chain market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Cold Chain market. It may include historical data, market Segmentation by Type (e.g., Refrigerated Storage, Cold Chain Logistics), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Cold Chain market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Cold Chain market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Cold Chain industry. This include advancements in Cold Chain technology, Cold Chain new entrants, Cold Chain new investment, and other innovations that are shaping the future of Cold Chain.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Cold Chain market. It includes factors influencing customer ' purchasing decisions, preferences for Cold Chain product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Cold Chain market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Cold Chain market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Cold Chain market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Cold Chain industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Cold Chain market.
Market Segmentation:
Cold Chain market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.
Segmentation by type
- Refrigerated Storage
- Cold Chain Logistics
Segmentation by application
- Food and Beverages
- Healthcare
- Others
This report also splits the market by region:
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- AmeriCold Logistics
- Nichirei Logistics Group
- Lineage Logistics
- OOCL Logistics
- Burris Logistics
- VersaCold Logistics Services
- JWD Group
- Swire Group
- Preferred Freezer Services
- Swift Transportation
- AGRO Merchants Group, LLC
- XPO Logistics
- CWT Limited
- Kloosterboer
- NewCold Coöperatief U.A.
- DHL
- SCG Logistics
- X2 Group
- AIT
- Gruppo Marconi Logistica Integrata
- Best Cold Chain Co.
- A.B. Oxford Cold Storage
- Interstate Cold Storage
- Assa Abloy
- Cloverleaf Cold Storage
- Chase Doors
- ColdEX
- Crystal Logistic Cool Chain Ltd