Cold Chain Logistics Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Cold Chain Logistics Market will experience a 15.2% CAGR from 2024 to 2032. The rising demand for perishable goods, including food products and temperature-sensitive pharmaceuticals, is fueling this growth. As consumers increasingly prioritize fresh and high-quality products, the need for reliable cold chain logistics to maintain product integrity from origin to destination is paramount. Additionally, the growing pharmaceutical sector, particularly in the realm of biologics and vaccines, further contributes to the expanding market, as these products require stringent temperature control throughout the supply chain. For instance, according to the WHO, around 50% of vaccines are wasted worldwide each year due to improper temperature management.

The overall cold chain logistics industry is categorized based on service type, temperature range, application, and region.

The refrigerated transportation segment within the cold chain logistics market will see substantial growth over the forecast period. This growth is primarily attributed to the increasing global demand for perishable goods, including fruits, vegetables, dairy products, and meat, which require efficient and reliable transportation solutions. Advanced refrigerated transportation services ensure that products maintain their required temperature range throughout the journey, preserving freshness and quality. Additionally, the growing pharmaceutical industry, particularly the distribution of temperature-sensitive drugs and vaccines, is driving the adoption of sophisticated refrigerated transportation services to meet stringent regulatory standards and ensure product efficacy.

The bakery and confectionery segment within the cold chain logistics market is poised for strong expansion from 2024 to 2032. This growth is driven by the increasing consumer demand for premium and artisanal bakery products that require temperature-controlled storage and transportation to maintain quality and shelf life. Additionally, the rise in online grocery shopping and direct-to-consumer food delivery services has amplified the need for efficient cold chain logistics to ensure that bakery and confectionery products reach consumers in optimal condition. As a result, companies are investing in advanced cold chain solutions to enhance product safety and extend the shelf life of these temperature-sensitive goods.

Europe cold chain logistics market will drive notable gains throughout the forecast period, supported by a well-established food and beverage industry, robust healthcare infrastructure, and stringent regulatory frameworks. The region's high standards for food safety and quality, coupled with increasing demand for fresh and organic products, are key factors driving the growth of the cold chain logistics sector. Moreover, Europe's thriving pharmaceutical industry, with a focus on biologics and personalized medicine, necessitates reliable cold chain logistics to maintain the integrity of temperature-sensitive pharmaceuticals. Government initiatives and investments in cold chain infrastructure further bolster the market, positioning Europe as a key player in Global cold chain logistics landscape.

Product Code: 10536

Chapter 1 Scope and Methodology

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast parameters
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Vendor matrix
3.3 Technology and innovation landscape
3.4 Patent analysis
3.5 Key news and initiatives
3.6 Regulatory landscape
3.7 Impact forces
3.8 Growth drivers
- 3.8.1 Technological advancements
- 3.8.2 E-commerce boom
- 3.8.3 Globalization and trade expansion
- 3.8.4 Increased demand for supply chain transparency
- 3.8.5 Sustainable practices
3.9 Industry pitfalls and challenges
- 3.9.1 Supply chain disruptions
- 3.9.2 Rising costs
3.10 Growth potential analysis
3.11 Porter's analysis
- 3.11.1 Supplier power
- 3.11.2 Buyer power
- 3.11.3 Threat of new entrants
- 3.11.4 Threat of substitutes
- 3.11.5 Industry rivalry
3.12 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Service Type, 2021 - 2032 (USD Billion)

5.1 Key trends
5.2 Refrigerated warehousing
5.3 Refrigerated transportation
- 5.3.1 Refrigerated road transport
- 5.3.2 Refrigerated rail transport
- 5.3.3 Refrigerated air transport
- 5.3.4 Refrigerated sea transport

Chapter 6 Market Estimates and Forecast, By Temperature Range, 2021 - 2032 (USD Billion)

6.1 Key trends
6.2 Chilled (0°C to 8°C)
6.3 Frozen (-18°C to -25°C)
6.4 Deep Frozen (-25°C to -60°C)

Chapter 7 Market Estimates and Forecast, By Application, 2021 - 2032 (USD Billion)

7.1 Key trends
7.2 Fruits and vegetables
7.3 Dairy and frozen desserts
7.4 Bakery and confectionery
7.5 Meat, fish, and seafood
7.6 Pharmaceuticals
7.7 Others

Chapter 8 Market Estimates and Forecast, By Region, 2021 - 2032 (USD Billion)

8.1 Key trends
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Rest of Europe
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 ANZ
- 8.4.6 Rest of Asia Pacific
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Rest of Latin America
8.6 MEA
- 8.6.1 UAE
- 8.6.2 Saudi Arabia
- 8.6.3 South Africa
- 8.6.4 Rest of MEA

Chapter 9 Company Profiles

9.1 Americold Logistics LLC
9.2 Burris Logistics
9.3 C.H. Robinson Worldwide, Inc.
9.4 CEVA Logistics SA
9.5 Cold Box Express, Inc.
9.6 Conestoga Cold Storage
9.7 Congebec Logistics Inc.
9.8 DB Schenker
9.9 DHL International GmbH
9.10 Kloosterboer
9.11 Lineage Logistics Holding, LLC
9.12 NewCold Cooperatief UA
9.13 Nichirei Logistics Group Inc. (Nichirei Corporation)
9.14 Polar International
9.15 Tippmann Group
9.16 U.S. Cold Storage
9.17 UPS Supply Chain Solutions
9.18 Versacold Logistics Services
9.19 YUSEN LOGISTICS CO., LTD.