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India Cold Chain Logistics Market Size, Trends, Latest Trends, Challenges, Key Players and Forecast 2031 | Snowman Logistics Ltd, ColdStar Logistics, Gati Kausar

11-23-2023 01:39 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Ocean

India Cold Chain Logistics Market Size, Trends, Latest Trends,

India Cold Chain Logistics Market Size Set to Grow at Steady CAGR of 16.30% to Reach USD 20.58 by 2029
India cold chain logistics market is rapidly growing due to increasing demand for processed and packaged food products, expanding organized retail sector, rising pharmaceutical industry, growing e-commerce activities, government initiatives to improve infrastructure, and the need to reduce food wastage and ensure product quality and safety.

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Report Ocean, a leading strategic consulting and market research firm, in its recent study, estimated India cold chain logistics market size at USD 7.17 billion in 2022. During the forecast period between 2023 and 2029, India cold chain logistics market size is to grow at a robust CAGR of 16.30% reaching a value of USD 20.58 billion by 2029. Significant developments have been observed in the cold chain logistics business in India recently. The market has expanded steadily as a result of the rising demand for perishable items to be transported and stored at controlled temperatures. The adoption of cutting-edge technologies like the Internet of Things (IoT), cloud computing, and data analytics to boost productivity and guarantee the integrity of cold chain operations is one noticeable trend. The demand for cold chain logistics services has also increased as a result of the growth of the organized retail, pharmaceutical, and food processing industries. Increased expenditures in cold storage facilities and refrigerated transportation, together with the government's focus on regulatory changes and infrastructure improvement, are expected to fuel market expansion dueing the forecast period.

India Cold Chain Logistics Market - Overview:
To preserve the quality and integrity of temperature-sensitive products, such as perishable commodities and pharmaceuticals, cold chain logistics refers to the management and transportation of these products in a controlled and uninterrupted temperature environment. Guarantee that items stay within designated temperature ranges throughout the supply chain, it entails several specialized procedures, including refrigeration, packaging, storage, and delivery. In businesses where temperature control is key for product safety and efficacy, cold chain logistics is extremely important. Companies can reduce the risk of spoilage, maintain product freshness, and increase shelf life by maintaining the cold chain, protecting consumer health, and adhering to regulatory standards.

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Impact of COVID-19 on India Cold Chain Logistics Market
The COVID-19 pandemic significantly impacted the India cold chain logistics market. With the outbreak of the virus, there has been a surge in demand for temperature-controlled storage and transportation of essential goods, including pharmaceuticals, vaccines, and food products. The need to maintain the integrity and safety of these items has become crucial. Cold chain logistics providers have faced numerous challenges, such as disruptions in supply chains, increased operational costs, and stringent health and safety regulations. However, the pandemic has also presented opportunities for the industry to expand and innovate, leading to investments in advanced cold storage facilities, technology solutions, and last-mile delivery systems to meet the evolving demands of the market.

India Cold Chain Logistics Market - By Business Type:
On the basis of business type, India cold chain logistics market is divided into Warehousing and Transportation segments. The transportation segment further comprises various modes such as Railways, Airways, Roadways, and Waterways. These subdivisions play crucial roles in ensuring the efficient movement of temperature-sensitive goods across the country. Transportation comprising the railways segment dominates the market share. Railways provide a reliable and cost-effective option for long-distance transportation, while Airways offer swift delivery for perishable items. Roadways serve as a flexible mode, catering to both short and medium distances, enabling last-mile connectivity.

Competitive Landscape:
India cold chain logistics market is fiercely competitive. Major companies in the market include Snowman Logistics Ltd, ColdStar Logistics, Gati Kausar, Kelvin Cold Chain Logistics Pvt Ltd, Mahindra Logistics, ColdEx Logistics, DHL Supply Chain India Pvt Ltd, Kool-ex Cold Chain Ltd, Agility Logistics Pvt Ltd, and Stellar Value Chain Solutions Pvt Ltd. Companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in India cold chain logistics market.

Get The Insights You Need By Customizing Your Report To Fit Your Unique Needs And Goals:https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17948

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of India cold chain logistics market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in India cold chain logistics market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Table of Content

Chapter 1: Global India Cold Chain Logistics Industry Overview

Chapter 3: Market Dynamics

Chapter 4: Top Company Profiles

Chapter 5: Global India Cold Chain Logistics market Competition, by Players

Chapter 6: Global Market Size by Regions

Chapter 7: Global Market Segment by Application

Chapter 8: Global India Cold Chain Logistics Industry Segment by Type

Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders

Chapter 11: Key Marketing Strategy Analysis, by Market Vendors

Chapter 12: Market Effect Factors Analysis

Chapter 13: Global India Cold Chain Logistics market Size Forecast (2023-2031).

Continue….

Reasons to Buy This Report

(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.

(B) The report offers comprehensive analysis of India Cold Chain Logistics market revenues on a global, regional, and country level, projecting trends until 2031. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.

(C) The research includes segmentation of the India Cold Chain Logistics market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.

(D) Analysis of the India Cold Chain Logistics market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.

(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.

(F) The study helps evaluate India Cold Chain Logistics business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.

Access Full Report Description, TOC, Table of Figure, Chart, etc.-https://reportocean.com/industry-verticals/sample-request?report_id=bwcc17948

About Report Ocean:

Report Ocean is a renowned provider of market research reports, offering high-quality insights to clients in various industries. Their goal is to assist clients in achieving their top line and bottom line objectives, thereby enhancing their market share in today's competitive environment. As a trusted source for innovative market research reports, Report Ocean serves as a comprehensive solution for individuals, organizations, and industries seeking valuable market intelligence.

Contact Information:

Email:sales@reportocean.com

Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, United States

Telephone: +1 888 212 3539 (US - Toll-Free)

For more information and to explore their offerings, visit their website at:https://www.reportocean.com/

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