KSA Cold Chain Market Outlook to 2027F: Ken Research

Rising domestic consumption of meat, increasing seafood exports, rising retail spending, growth of dairy industry, and increasing pharmaceutical imports led to the growth of the Cold Chain Market in KSA.

KSA Cold Chain Market Overview: The Cold Chain Market in KSA is currently at the growth stage and is highly fragmented and is home to 100+ cold transportation & storage players. The market has been driven by rising domestic consumption of meat, increasing seafood exports, rising retail spending, growth of dairy industry, changing lifestyle and societal norms, increasing pharmaceutical imports, rising hygiene and safety concerns and infrastructure development. The KSA Cold Chain Market took a leap from a growth rate of 10.5% in 2018 to a growth rate of 11.5% in 2022P due to the growing consumption needs of the people. Due to the increase in demand for perishables, the cold chain market in KSA has significantly grown.

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Government Initiatives: As part of its Vision 2030 strategy, the KSA government wants to transform the country's ports into modern seaports and turn the country into a global logistics hub. The KSA government is investing heavily in the vast development of the nation's transportation networks in order to increase freight income over the long term. This is being driven by economic growth, rising population, and rapid urbanization. By 2024, an additional 10,000 km of rail line will be added, and multimodal hubs will be built to meet the demand for road-rail and sea-air connectivity.

Challenges Faced by KSA Cold Chain Market: The Cold Chain Industry in Saudi Arabia faces challenges due to the concentration of cold chain facilities in the cities such as Riyadh, Jeddah and Dammam. All the products are transported to different regions in the country from the cold storage warehouses located in these cities which act as distribution centers. This causes delays in the process as it increases the time for cold transport. Cooler and freezer doors that are damaged are one of the most common problems cold storage facilities face. Due to extreme weather conditions, moving cold chain commodities within KSA always bears a higher risk. Transportation in KSA is exposed to very high freight cost in comparison to other SEA countries which is even higher for Cold transportation.

Development in the Cold Storage Industry in KSA: Many cold chain operators are expected to expand their operations and establish many new cold storage warehouses to cater to the large and rising demand for refrigerated storage, providing a significant boost to KSA cold storage industry. The Cold Storage Industry in KSA is experiencing a new wave of technological development which is essential for end users of cold storage services and for the organic growth of cold storage companies.

Analysts at Ken Research in their latest publication "KSA Cold Chain Market Outlook to 2027F- Driven By Increase in Retail Spending, Government Initiatives and Infrastructural Development" by Ken Research observed that KSA Cold Chain Market is in the growing phase. Rising domestic consumption of meat, increasing seafood exports, rising retail spending and infrastructure development are some of the factors that will contribute to the KSA Cold Chain Market growth over the period of 2022P-2027F. It is expected that KSA Cold Chain Market will grow at a CAGR of 15.1% for the above forecasted period.

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https://www.kenresearch.com/industry-reports/ksa-cold-chain-market

Key Segments Covered

KSA Cold Chain Market:

By Cold Storage and Cold Transport

By Ownership

Owned
3PL Cold Chain Facilities

By End Users

Meat and Seafood
Vaccination and Pharmaceuticals
Frozen Foods and Others
Dairy Products
Bakery
Fruits and Vegetables

KSA Cold Storage Market:

By Automation

Automated Pallets
Non-Automated Pallets

By Temperature Range

Ambient
Frozen
Chillers

By End User

Meat and Seafood
Vaccines & Pharmaceuticals
Frozen Foods and Others
Bakery
Dairy Products
Fruits and Vegetables

By Region

Riyadh
Jeddah
Dammam
Mecca
Medina
Others

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KSA Cold Transport Market:

By Type of Reefer Truck

Reefer Vans/Trucks
20 foot reefers
40 foot reefers

By Mode of Transportation

Land
Sea
Air

By Location

International
Domestic

By Vicinity

Inter-city
Intra-city

By End Users

Meat & Sea Food
Vaccines & Pharmaceuticals
Dairy Products
Bakery
Frozen Foods and Others
Fruits & Vegetables

Key Target Audience

Cold Storage Companies
Cold Chain Companies
Cold Transport Companies
Captive Cold Storage Companies
Captive Cold Chain Companies
Logistics Companies
Non-captive Companies
Cold Chain Associations
Logistics Associations
Private Equity Firms
Venture Capitalists

Time Period Captured in the Report:

Historical Period: 2017-2022P
Base Year: 2022P
Forecast Period: 2022P- 2027F

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Companies Covered:

Agility Logistics
Wared Logistics
NAQEL Express
Almajdouie Logistics
Mosanada Logistics
Agility Logistics
Takhzeen Logistics
Etmam Logistics
Tamer Logistics
United Warehouse Company
Himmah Logistics
Globus Logistics
Storkom Logistics
Four Winds
Flow Progressive
Sasat Logistics
Al Theyab Global Logistics
IFFCO Logistics
RTL Racktech

Key Topics Covered in the Report

KSA Cold Chain Market Overview
Ecosystem of KSA Cold Chain Market
KSA Cold Chain Industry Evolution
KSA Cold Chain Market Segmentation
Industry Analysis of KSA Cold Chain Market
Value Chain of Cold Chain Market in KSA
End User Analysis of KSA Cold Chain Market
KSA Cold Transport Market Overview
KSA Cold Storage Market Overview
Key Growth Drivers in KSA Cold Chain Market
SWOT Analysis of KSA Cold Chain Industry
Future Outlook of KSA Cold Chain Industry

For More Insights On Market Intelligence, Refer To The Link Below: -

https://www.kenresearch.com/industry-reports/ksa-cold-chain-market

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