Cold Chain Logistics Market Size Worth USD 932.70 Billion Globally by 2033 at a CAGR of 12.31%

Market Overview:

The Cold Chain Logistics Market is experiencing significant expansion, driven by Rapid Growth in the Pharmaceutical Industry, Increase in Cold Storage Spaces and Refrigerated Warehouses and Technological Advancements in Logistics. According to IMARC Group's latest research publication, "Cold Chain Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global cold chain logistics market size was valued at USD 292.06 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 932.70 Billion by 2033, exhibiting a CAGR of 12.31% from 2025-2033.

This detailed analysis primarily encompasses industry size, business trends, market share, key growth factors, and regional forecasts. The report offers a comprehensive overview and integrates research findings, market assessments, and data from different sources. It also includes pivotal market dynamics like drivers and challenges, while also highlighting growth opportunities, financial insights, technological improvements, emerging trends, and innovations. Besides this, the report provides regional market evaluation, along with a competitive landscape analysis.

Download a sample PDF of this report: https://www.imarcgroup.com/cold-chain-logistics-market/requestsample

Our Report Includes:

● Market Dynamics
● Market Trends and Outlook
● Competitive Analysis
● Industry Segmentation
● Strategic Recommendations
● Growth Factors in the Cold Chain Logistics Industry:

● Rapid Growth in the Pharmaceutical Industry

The increasing need for effective solutions in the transport of high-value pharmaceutical products through the distribution network is driving the growth of the cold chain logistics market. IBEF mentions that the market size of global pharmaceutical products had grown to more than USD 1 trillion in 2023. It is huge in terms of its impact on cold chain logistics market demand. The increase in the production of biologics, including hormone therapies, vaccines, and complex proteins, has increased the need for accurately controlled temperature logistics and storage to ensure product quality and efficacy. Additionally, strict regulatory requirements for the storage and distribution of pharmaceuticals underscore the need to maintain stable conditions throughout the supply chain. Growth in specialized logistics firms and airlines offering tailored pharmaceutical transport services, as well as technological innovations in real-time tracking and energy-saving refrigeration, is fueling growth in the market.

● Increase in Cold Storage Spaces and Refrigerated Warehouses

Advanced heavy-duty refrigeration systems are used in modern warehouse management to maintain ideal temperature conditions during the transportation and storage of goods. Businesses are now heavily investing in improving their cold chain operations to establish effective, efficient, and reliable processes for storing temperature-sensitive products and eliminate weak links in the system. This has led to the increased use of cold storage areas and cold warehouses, thus boosting the growth of the cold chain logistics market. In addition, the growing sales of processed foods and perishable products like dairy products, fruits, vegetables, and flowers require optimal infrastructure of cold chain logistics in order to prevent the spoilage and wastage of the products. The global dairy market size has reached USD 991.5 Billion in 2024. Looking forward, the market is expected to reach USD 1,505.8 Billion by 2033.

● Technological Advancements in Logistics

Advanced monitoring systems send instant alerts for anomalies, thereby minimizing the likelihood of spoilage and ensuring that the products are kept in good condition. AI and ML are used to optimize routing, improve warehouse operations, and minimize operational costs. Automation in cold storage facilities through robotic handling systems accelerates inventory management and minimizes human error. These innovations enhance the effectiveness of cold chain logistics. Companies can accurately meet the rising demand for high-quality perishable goods with higher precision. In 2024, SSI Schaefer and Noatum Logistics Middle East formed a partnership to design the largest mobile racking system for deep-freeze storage in the UAE. This is located at the AD Ports Group's KLP21 warehouse hub within the Khalifa Economic Zone Abu Dhabi (KEZAD). The system has increased storage capacity by more than 90%, increased cooling efficiency, and streamlined logistics for healthcare and FMCG sectors.

Key Trends in the Cold Chain Logistics Market

● Dominance of Refrigerated Warehouses

Refrigerated warehouses hold the biggest cold chain logistics market share of around 65.0% because of their essential function in maintaining the quality and safety of temperature-sensitive goods in various sectors. These facilities offer stable temperature-regulated environments, vital for prolonging the shelf life of perishable items like food, medicines, and chemicals. The rising need for frozen and fresh goods, propelled by urban growth and evolving consumer tastes, is leading to a greater demand for effective refrigerated storage options. Improvements in warehouse technology, such as automated systems and real-time monitoring, are boosting operational efficiency and reliability, which further solidifies the market standing of refrigerated warehouses. Regulatory mandates for upholding strict temperature management and safeguarding product safety have resulted in substantial investments in enhancing cold storage facilities.

● Leadership of Dairy and Frozen Desserts Segment

The largest segment is represented by dairy and frozen desserts, holding a share of 33.2%, which require steady refrigeration since they are very sensitive to temperature changes, affecting their quality and safety. An increased demand for premium dairy items and frozen treats requires the expansion of a cold chain system for an efficient delivery. The increasing urban population, changing food trends, and increased disposable incomes are elevating demand for such products, requiring their supply by robust logistics systems. Strict temperature controls imposed on the entire supply chain ensure the safety and durability of dairy items and frozen treats, where advanced cold chain solutions feature. The use of advanced storage and transportation technologies, along with real-time monitoring systems, is improving the overall efficiency and reliability of cold chain operations in this industry.

● Strategic Infrastructure Investments and Expansion

Major participants in the market are concentrating on capacity growth and strategic infrastructure investments to improve their operational effectiveness. Companies are expanding their international presence via mergers and acquisitions to enhance their networks and satisfy the increasing need for temperature-sensitive products. For example, in 2024, CJ Logistics America revealed its intention to establish a 291,000-square-foot cold storage facility in New Century, Kansas, aiming for completion by Q3 2025. The building, linked to Upfield's manufacturing facility through a conveyor bridge, improves logistics efficiency and sustainability for storing plant-based foods. Additionally, in 2024, CJ Logistics America announced a 270,000-square-foot state-of-the-art cold storage warehouse in Gainesville, Georgia, set to enhance its Southeast logistics operations. These strategic expansions are enabling companies to provide quicker and more dependable services for perishable goods.

Ask analyst of customized report: https://www.imarcgroup.com/request?type=report&id=7960&flag=E

Leading Companies Operating in the Global Cold Chain Logistics Industry:

● Americold Realty Trust Inc.
● Burris Logistics Co.
● Cold Box Express Inc.
● Conestoga Cold Storage
● Congebec Inc.
● Lineage Logistics Holdings LLC (Bay Grove Capital Group LLC)
● Nichirei Logistics Group Inc. (Nichirei Corporation)
● Snowman Logistics Ltd.
● Tippmann Group
● United States Cold Storage Inc. (John Swire & Sons Ltd.)
● VersaCold Logistics Services

Cold Chain Logistics Market Report Segmentation:

Breakup by Type:

● Refrigerated Warehouses
● Refrigerated Transportation
● Railways
● Airways
● Roadways
● Waterways

Refrigerated warehouses represented the largest segment with around 65.0% market share because of their essential function in maintaining the quality and safety of temperature-sensitive goods in various sectors.

Breakup by Application:

● Fruits and Vegetables
● Bakery and Confectionary
● Dairy and Frozen Desserts
● Meat, Fish, and Sea Food
● Drugs and Pharmaceuticals
● Others

Dairy and frozen desserts represented the largest segment holding a share of 33.2%, which require steady refrigeration since they are very sensitive to temperature changes, affecting their quality and safety.

Breakup by Region:

● North America (United States, Canada)
● Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
● Europe (Germany, France, United Kingdom, Italy, Spain, Others)
● Latin America (Brazil, Mexico, Others)
● Middle East and Africa

North America dominates the market, accounting for a share of 38.6%, because of its advanced infrastructure, technological capabilities, and strong focus on regulatory compliance.

Note: If you require specific details, data, or insights that are not currently included in the scope of this report, we are happy to accommodate your request. As part of our customization service, we will gather and provide the additional information you need, tailored to your specific requirements. Please let us know your exact needs, and we will ensure the report is updated accordingly to meet your expectations.

About Us:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-201971-6302

This release was published on openPR.