PUBLISHER: IMARC | PRODUCT CODE: 1609808
PUBLISHER: IMARC | PRODUCT CODE: 1609808
Japan cold chain logistics market size reached US$ 19.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 30.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.95% during 2024-2032. The increasing need for effective solutions to transport high-value pharmaceutical products throughout the entire distribution network in Japan is primarily driving the market growth.
Cold chain logistics ensures the safe transfer of perishable, temperature-sensitive products like seafood, agricultural produce, pharmaceuticals, and chemicals through the supply chain. It influences each supply chain phase, from procurement and conveyance to storage and final delivery. The process employs varied transportation modes like refrigerated trucks, air cargo, and railcars to maintain the products' quality and freshness. Additionally, it includes the usage of temperature-regulated warehouses for storing products and insulated vehicles for distribution. This logistical approach is pivotal in sustaining product integrity, broadening market reach, alleviating over-capacity, and mitigating transport impediments during high demand. By minimizing the wastage of perishable goods, cold chain logistics enhances profitability and is especially crucial in the preservation and transportation of perishables, extending their shelf life and maintaining quality. It is instrumental for sectors like food and healthcare, ensuring the availability of fresh and uncontaminated products to the end consumers.
The cold chain logistics sector in Japan is witnessing remarkable growth due to its crucial role in ensuring the safe and high-quality delivery of perishable goods, such as food, beverages, and pharmaceuticals. This expansion is primarily driven by the rapid growth of the food processing and pharmaceutical industries, since they heavily rely on cold chain logistics to maintain the freshness and integrity of their products during transportation. Furthermore, the surge in organized retail stores, particularly in emerging economies, has significantly increased the demand for cold chain logistics services. As these stores stock a wide range of temperature-sensitive items, the need for effective temperature-controlled transportation and storage has become paramount. In addition to these factors, the rising popularity of online grocery shopping, the increasing use of connected devices, and the need for innovative solutions to enhance last-mile delivery are all playing a significant role in driving the expansion of the cold chain logistics market in Japan.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the key players include:
Please note that this is only a partial list of the key players, and the complete list is provided in the report.