Cold Chain Logistics Market Share, Trends, Growth Drivers, and Forecast 2024-2032

IMARC Group’s latest report, titled “Cold Chain Logistics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the cold chain logistics market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

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 Trends:

The global cold chain logistics market is experiencing significant growth, driven by the increasing demand for perishable food products, such as fruits, vegetables, dairy, and meat, necessitating efficient temperature-controlled logistics. Rising consumer awareness regarding food safety and quality is significantly boosting the adoption of cold chain solutions. Additionally, the growth of the pharmaceutical industry and the need for the safe transportation of temperature-sensitive drugs, vaccines, and biologics are propelling market expansion. Technological advancements in refrigeration and monitoring systems are enhancing the efficiency and reliability of cold chain logistics. Furthermore, the globalization of trade and the expansion of e-commerce platforms are increasing the need for robust cold chain infrastructure to ensure the timely delivery of perishable goods. Along with this, the implementation of stringent government regulations and quality standards for food and pharmaceutical products is further driving the adoption of cold chain logistics solutions globally.

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Cold Chain Logistics Market Scope & Growth Analysis:

The scope of the market is extensive, encompassing various segments, including storage, transportation, and monitoring components tailored for different applications such as food, pharmaceuticals, and chemicals. The market is segmented by temperature type, including chilled and frozen, with significant growth anticipated across both categories. In addition, the increasing adoption of Internet of Things (IoT) technology and advanced tracking systems is witnessing notable growth, driven by their ability to provide real-time monitoring and ensure the integrity of temperature-sensitive products. The Asia-Pacific region is emerging as a key market due to rapid urbanization, rising disposable incomes, and the growth of the food and pharmaceutical industries. Furthermore, the ongoing investments in cold chain infrastructure and the expansion of cold storage capacities are driving market growth further. Concurrently, the rise of contract logistics services and the increasing emphasis on sustainable and energy-efficient cold chain solutions are creating a positive market outlook.

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

Why Choose IMARC Research Report:

• Strong Market Research Expertise
• Targeted Marketing Strategies
• Innovative Solutions
• Comprehensive Analysis
• Accuracy and Reliability
• Provides Insightful Forecasts
• Available Customization Options
• Strong Customer Service

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.

About Us:

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.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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