Cold Chain Logistics Market Shares, Future Estimations and Key Countries by 2029

Cold Chain Logistics Market is expected to grow at 7.9% of CAGR through 2023 to 2029, reaching nearly USD 463.72 Bn.

Cold Chain Logistics Market Report Scope and Research Methodology

The comprehensive analysis report offers valuable insights into the dynamics, trends, and future prospects of the Cold Chain Logistics industry during the forecast period. It covers key market drivers, challenges, and recent developments, along with demand trends, growth stimulators, spending patterns, and modernization trends across different regions.

The research is based on extensive research and analysis, incorporating inputs from industry experts, government agencies, and market participants, providing a reliable and accurate assessment of the market dynamics and future trends.

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What are Cold Chain Logistics Market Dynamics?

Logistics Suppliers and their Supply Capacity

The Cold Chain Logistics Market sees the involvement of various suppliers with specialization in cold chain logistics services such as storage or transportation. Notably, Liaoning Province in China is home to a cluster of cold chain logistics providers, primarily centered in Dalian and Shenyang. The market features providers offering different services, ranging from cold storage resources and refrigerated vehicles to integrated cold chain logistics services. This segmentation enhances the flexibility and efficiency of the cold chain logistics market.

Key Features of Using IoT for Cold Chain Logistics

Leading players in the Cold Chain Logistics Market are embracing the Internet of Things (IoT) to enhance their operations. IoT technology brings substantial improvements in productivity and efficiency by enabling real-time monitoring, data insights, and swift decision-making. Notably, IoT technology offers significant benefits to the industry by streamlining operations and reducing the reliance on manual monitoring, leading to increased productivity.

Cold Chain Logistics Market Segmentation?

Type Segment: Refrigerated Transport and Refrigerated Warehousing

Refrigerated warehousing is the dominant segment in the Cold Chain Logistics Market. The evolution of cold storage warehouses, the development of high-tech facilities, and automation have significantly enhanced this segment's capabilities. The focus on maintaining the necessary temperature for pharmaceutical storage and vaccine distribution has further spotlighted the importance of refrigerated warehousing.

Application Segment: Dairy & Frozen Desserts, Fish, Meat, Seafood Products, Bakery & Confectionery Products, Fruits & Vegetables, and Others

Agricultural products, including fruits, vegetables, and dairy, are expected to lead the Cold Chain Logistics Market. Fresh agricultural products have an increased demand for cold chain logistics due to their perishable nature and the need for specialized storage and transportation.

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Who are Cold Chain Logistics Market Key Players?

1. Americold Logistics, Inc (US)
2. Lineage Logistics Holdings LLC (US)
3. Burris Logistics (US)
4. United States Cold Storage (US)
5. Tippmann Group (US)
6. NewCold (US)
7. Seafrigo (US)
8. Merchants Terminal Corporation (US)
9. Nordic Logistics (US)
10.Cold Chain Technologies, Inc. (US)
11.Cold Box Express, Inc. (US)
12.Valor Industries (US)
13.Congebec Inc (Canada)
14.Conestoga Cold Storage (Canada)
15.Cryopak Industries Inc. (Canada)
16.Trenton Cold Storage (Canada)
17.VersaCold Logistics Services (Canada)
18.va Q tec AG (Germany)
19.Intelsius (UK)
20.Sofrigam (France)
21.Kloosterboer (Netherlands)
22.Stockhabo (Belgium)
23.Nichirei Corporation (Japan)
24.Coldman (India)
25.Nilkamal Limited (India)

Table of content for the Cold Chain Logistics Market includes:

Part 01: Executive Summary

Part 02: Scope of the Cold Chain Logistics Market Report

Part 03: Global Cold Chain Logistics Market Landscape

Part 04: Global Cold Chain Logistics Market Sizing

Part 05: Global Cold Chain Logistics Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

Asia Pacific Dominance

In 2022, the Asia Pacific region emerged as a leader in the Cold Chain Logistics Market, capturing a 45% market share. Increased government funding for cold chain logistics infrastructure, coupled with a growing demand for processed food products and frozen dairy and meat, has driven the market's growth. Japan, South Korea, China, and India are at the forefront of this growth, with a strong market presence expected to continue.

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