IMARC Group’s latest report, titled “Cold Chain Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, provides an extensive analysis of the industry, including cold chain logistics market trends, demand, and growth opportunities. The report also covers competitor and regional analysis and the latest advancements in the global market.
The global cold chain logistics market size reached US$ 258.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 774.2 Billion by 2032, exhibiting a growth rate (CAGR) of 12.96% during 2024-2032.
Cold Chain Logistics Market Overview:
Cold chain logistics refers to the specialized supply chain network designed to maintain perishable products in a temperature-controlled environment throughout their journey from production to the point of consumption. This logistics model is essential for various industries, including food and beverages, pharmaceuticals, and certain chemicals that require regulated temperatures for safe storage and transport. Typically, the cold chain consists of a series of interconnected storage facilities and distribution assets such as refrigerated warehouses, vehicles, and containers. The advantages of employing cold chain logistics include ensuring product quality, minimizing spoilage, extending the shelf life of products, and complying with regulatory standards. It provides a secure method for transporting sensitive products, protecting both the integrity of the items and the investments made by stakeholders. The cold chain logistics infrastructure utilizes advanced technology for real-time monitoring of temperature, humidity, and other critical variables, thereby offering both transparency and control throughout the supply chain.
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Global Cold Chain Logistics Market Trends:
The global market is primarily influenced by the expanding international trade of perishable goods. This expansion is facilitating the need for efficient temperature-controlled transportation and storage solutions. Concurrently, the rising demand for fresh produce and pharmaceutical products, which require strict temperature regulation, is further propelling the market.
Furthermore, technological advancements in cold chain logistics, including improved refrigeration methods and real-time monitoring systems, are enhancing the efficiency and reliability of these services. Moreover, stringent government regulations regarding the transportation and storage of temperature-sensitive products are enforcing stricter compliance, thereby fueling the market.
Competitive Landscape with Key Players:
- Americold Realty Trust Inc
- Burris Logistics Co
- Cold Box Express Inc
- Conestoga Cold Storage
- Congebec Inc
- Lineage Logistics Holdings LLC (Bay Grove Capital Group LC)
- Nichirei Logistics Group Inc. (Nichirei Corporation)
- Snowman Logistics Ltd
- Tippmann Group
- United States Cold Storage Inc. (John Swire & Sons Ltd.)
- VersaCold Logistics Services
Key Market Segmentation:
Breakup by Type:
- Refrigerated Warehouses
- Refrigerated Transportation
- Railways
- Airways
- Roadways
- Waterways
Breakup by Application:
- Fruits and Vegetables
- Bakery and Confectionary
- Dairy and Frozen Desserts
- Meat, Fish, and Sea Food
- Drugs and Pharmaceuticals
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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