Cold Chain Market by Component (Hardware, Software), Type (Refrigerated Storage, Refrigerated Transport), Technology, Temperature Range, Deployment Type, Application - Global Forecast 2024-2030

Cold Chain Market by Component (Hardware, Software), Type (Refrigerated Storage, Refrigerated Transport), Technology, Temperature Range, Deployment Type, Application - Global Forecast 2024-2030


The Cold Chain Market size was estimated at USD 213.51 billion in 2023 and expected to reach USD 232.45 billion in 2024, at a CAGR 9.00% to reach USD 390.33 billion by 2030.Cold chain is a proficient system consisting of thermal and refrigerated packaging methods to ensure the safety of temperature-sensitive products during transportation. In many developed and developing economies, perishable and frozen food product consumption has increased significantly. The surging perishable products demand and requirements for fast delivery associated with the e-commerce-based food and beverages delivery market has significantly accelerated cold chain operations. Additionally, trade liberalization and expansion of retail chains by multinational companies are anticipated to boost industry growth over the forecast period. Moreover, rising governmental focus on the development and improvement of cold chain infrastructure, coupled with increased strictness on food safety regulations, is expected to fuel the growth of the global cold chain market in the forthcoming years. Despite these growth factors, negative environmental impacts posed by cold chain systems, such as the emission of harmful greenhouse gases, lack of standardization, and high operational costs, can restrain the growth of the global cold chain market. However, the adoption of software for cold chain logistics and increased demand for high-value pharmaceutical products transportation solutions across the entire distribution network is anticipated to provide remunerative growth opportunities for the market players in the near future.Regional InsightsThe eCommerce industry is growing rapidly in North America, Europe, and Asia-Pacific, fueling the cold chain logistics demand for the last-mile delivery of temperature-sensitive products, including fresh food, pharmaceuticals, and other products across these regions. The increasing consumer base for processed food in the UK, Germany, France, and other European countries is expected to increase the demand for cold chain solutions over the forecast period. At the same time, Asia-Pacific is anticipated to grow significantly due to increasing penetration of warehouse management systems (WMS) and government investment in logistics infrastructure development. Rising innovations in the pharmaceutical sector in India, China, and Japan are also expected to fuel cold chain solutions demand. Additionally, a significant factor driving the market includes the rapid expansion of biopharma in the region. China is a major contributor to regional growth attributed to technological advancements in the packaging, processing, and storage of seafood products. The growing demand for food products, increasing urbanization, government initiatives, expansion of the eCommerce industry, and focus on sustainability are boosting the growth of the cold chain market in the Asia-Pacific region.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Cold Chain Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cold Chain Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Cold Chain Market, highlighting leading vendors and their innovative profiles. These include A.P. Møller - Mærsk A/S, Agri-Norcold A/S, Americold Logistics, Inc., AWL India Private Limited, Berlinger & Co. AG, Burris Logistics, Carrier Global Corporation, Cold Box Express, Inc., Cold Chain Technologies, Coldman Logistics Pvt.Ltd., Conestoga Cold Storage (Quebec) Limited, Confederation Freezers - Brampton, Congebec Logistics, Inc., Constellation Cold Logistics, Controlant, Cryopak Industries, Inc., Daikin Industries, Ltd., DGP Intelsius Limited, Elpro-Buchs AG, Emergent Cold LatAm Management LLC, FedEx Corporation, Frialsa Frigoríficos, S.A. de C.V., Frigoscandia, Friozem Armazéns Frigoríficos Ltda., Klinge Corporation, Lineage Logistics Holding, LLC, Magnavale Ltd., Metcold Holdings Limited, Monnit Corporation, NewCold Coöperatief UA, Nichirei Logistics Group Inc., Nordic Cold Chain Solutions, Orbcomm, Rinac India Limited, RLS Logistics, Savi Technology, Sealed Air Corporation, Snowman, Sofigram, Softbox Systems Ltd., Sonoco Products Company, SuperFrio Armazéns Gerais S.A., TEMPACK Packaging Solutions, S.L., Thermal Energy Service Solutions Pvt Ltd., Tippmann Group, Trenton Cold Storage, Inc., United States Cold Storage Inc., and VersaCold Logistics Services.

Market Segmentation & Coverage


This research report categorizes the Cold Chain Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Hardware
Networking Devices

RFID Devices

Sensors & Data Loggers

Telematics & Telemetry Devices
Software
Type
Refrigerated Storage
Cold Containers

Warehouses
Refrigerated Transport
Airways

Railways

Roadways

Waterways
Technology
Blast Freezing
Evaporating Cooling
Vapor Compression
Temperature Range
-1 to -20 Celsius
0 to 15 Celsius
Below -20 Celsius
Deployment Type
On-Cloud
On-Premises
Application
Food & Beverage
Bakery & Confectionary

Dairy & Frozen Products

Fruit Pulp & Concentrates

Fruits & Vegetables

Meat & Seafood

Processed Food
Pharmaceuticals
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Cold Chain Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cold Chain Market?
3. What are the technology trends and regulatory frameworks in the Cold Chain Market?
4. What is the market share of the leading vendors in the Cold Chain Market?
5. Which modes and strategic moves are suitable for entering the Cold Chain Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Cold Chain Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing need for temperature control to prevent potential food loss and health hazards
5.1.1.2. Upsurging demand for perishable and frozen food items coupled with increased international trade for perishable goods
5.1.1.3. Burgeoning need across the pharmaceuticals and healthcare sectors
5.1.2. Restraints
5.1.2.1. Requirement of high power energy and associated infrastructure cost
5.1.3. Opportunities
5.1.3.1. Continuous technological innovations in refrigerator and cold chain equipment to maintain the durability of goods
5.1.3.2. Government support for cold chain infrastructure development worldwide
5.1.4. Challenges
5.1.4.1. Lack of skilled and experienced staff to adequately manage cold chain management
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Cold Chain Market, by Component
6.1. Introduction
6.2. Hardware
6.3.1. Networking Devices
6.3.2. RFID Devices
6.3.3. Sensors & Data Loggers
6.3.4. Telematics & Telemetry Devices
6.3. Software
7. Cold Chain Market, by Type
7.1. Introduction
7.2. Refrigerated Storage
7.3.1. Cold Containers
7.3.2. Warehouses
7.3. Refrigerated Transport
7.4.1. Airways
7.4.2. Railways
7.4.3. Roadways
7.4.4. Waterways
8. Cold Chain Market, by Technology
8.1. Introduction
8.2. Blast Freezing
8.3. Evaporating Cooling
8.4. Vapor Compression
9. Cold Chain Market, by Temperature Range
9.1. Introduction
9.2. -1 to -20 Celsius
9.3. 0 to 15 Celsius
9.4. Below -20 Celsius
10. Cold Chain Market, by Deployment Type
10.1. Introduction
10.2. On-Cloud
10.3. On-Premises
11. Cold Chain Market, by Application
11.1. Introduction
11.2. Food & Beverage
11.3.1. Bakery & Confectionary
11.3.2. Dairy & Frozen Products
11.3.3. Fruit Pulp & Concentrates
11.3.4. Fruits & Vegetables
11.3.5. Meat & Seafood
11.3.6. Processed Food
11.3. Pharmaceuticals
12. Americas Cold Chain Market
12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States
13. Asia-Pacific Cold Chain Market
13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam
14. Europe, Middle East & Africa Cold Chain Market
14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom
15. Competitive Landscape
15.1. FPNV Positioning Matrix
15.2. Market Share Analysis, By Key Player
15.3. Competitive Scenario Analysis, By Key Player
15.3.1. Merger & Acquisition
15.3.1.1. Emergent Cold Latin America Acquires Cold Storage Assets from Reiter Log
15.3.1.2. Constellation Cold Logistics announces to acquire ACS&T
15.3.2. Agreement, Collaboration, & Partnership
15.3.2.1. J&R Schugel Gains Visibility of Cold Chain Operations With ORBCOMM’s IoT Technology
15.3.2.2. Controlant and Envirotainer collaboration to strengthen the pharma cold chain
15.3.3. New Product Launch & Enhancement
15.3.3.1. Celcius Logistics Launches Special, Tech-enabled Cold Chain Solution for Last Mile Delivery
15.3.3.2. Orbcomm Launches Next-Generation IoT Solution for Data-Driven Refrigerated Container Operations
15.3.4. Investment & Funding
15.3.4.1. Cold supply chain marketplace Celcius raises USD 12.21 million (Rs 100 cr) to Organize Sector
15.3.4.2. Americold Announces Strategic Investment in Dubai Cold Storage Company RSA Cold Chain
15.3.4.3. Carrier Ventures Invests in Ember LifeSciences to Further Drive Disruptive Cold Chain Technologies
15.3.5. Award, Recognition, & Expansion
15.3.5.1. Americold Expands Food Industry Cold Storage Facilities in Barcelona
16. Competitive Portfolio
16.1. Key Company Profiles
16.1.1. A.P. Møller - Mærsk A/S
16.1.2. Agri-Norcold A/S
16.1.3. Americold Logistics, Inc.
16.1.4. AWL India Private Limited
16.1.5. Berlinger & Co. AG
16.1.6. Burris Logistics
16.1.7. Carrier Global Corporation
16.1.8. Cold Box Express, Inc.
16.1.9. Cold Chain Technologies
16.1.10. Coldman Logistics Pvt.Ltd.
16.1.11. Conestoga Cold Storage (Quebec) Limited
16.1.12. Confederation Freezers - Brampton
16.1.13. Congebec Logistics, Inc.
16.1.14. Constellation Cold Logistics
16.1.15. Controlant
16.1.16. Cryopak Industries, Inc.
16.1.17. Daikin Industries, Ltd.
16.1.18. DGP Intelsius Limited
16.1.19. Elpro-Buchs AG
16.1.20. Emergent Cold LatAm Management LLC
16.1.21. FedEx Corporation
16.1.22. Frialsa Frigoríficos, S.A. de C.V.
16.1.23. Frigoscandia
16.1.24. Friozem Armazéns Frigoríficos Ltda.
16.1.25. Klinge Corporation
16.1.26. Lineage Logistics Holding, LLC
16.1.27. Magnavale Ltd.
16.1.28. Metcold Holdings Limited
16.1.29. Monnit Corporation
16.1.30. NewCold Coöperatief UA
16.1.31. Nichirei Logistics Group Inc.
16.1.32. Nordic Cold Chain Solutions
16.1.33. Orbcomm
16.1.34. Rinac India Limited
16.1.35. RLS Logistics
16.1.36. Savi Technology
16.1.37. Sealed Air Corporation
16.1.38. Snowman
16.1.39. Sofigram
16.1.40. Softbox Systems Ltd.
16.1.41. Sonoco Products Company
16.1.42. SuperFrio Armazéns Gerais S.A.
16.1.43. TEMPACK Packaging Solutions, S.L.
16.1.44. Thermal Energy Service Solutions Pvt Ltd.
16.1.45. Tippmann Group
16.1.46. Trenton Cold Storage, Inc.
16.1.47. United States Cold Storage Inc.
16.1.48. VersaCold Logistics Services
16.2. Key Product Portfolio
17. Appendix
17.1. Discussion Guide
17.2. License & Pricing
FIGURE 1. COLD CHAIN MARKET RESEARCH PROCESS
FIGURE 2. COLD CHAIN MARKET SIZE, 2023 VS 2030
FIGURE 3. COLD CHAIN MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. COLD CHAIN MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. COLD CHAIN MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. COLD CHAIN MARKET DYNAMICS
FIGURE 7. COLD CHAIN MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. COLD CHAIN MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. COLD CHAIN MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 10. COLD CHAIN MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. COLD CHAIN MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
FIGURE 12. COLD CHAIN MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. COLD CHAIN MARKET SIZE, BY TEMPERATURE RANGE, 2023 VS 2030 (%)
FIGURE 14. COLD CHAIN MARKET SIZE, BY TEMPERATURE RANGE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. COLD CHAIN MARKET SIZE, BY DEPLOYMENT TYPE, 2023 VS 2030 (%)
FIGURE 16. COLD CHAIN MARKET SIZE, BY DEPLOYMENT TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. COLD CHAIN MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 18. COLD CHAIN MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. AMERICAS COLD CHAIN MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. AMERICAS COLD CHAIN MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. UNITED STATES COLD CHAIN MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 22. UNITED STATES COLD CHAIN MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. ASIA-PACIFIC COLD CHAIN MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 24. ASIA-PACIFIC COLD CHAIN MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. EUROPE, MIDDLE EAST & AFRICA COLD CHAIN MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 26. EUROPE, MIDDLE EAST & AFRICA COLD CHAIN MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 27. COLD CHAIN MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 28. COLD CHAIN MARKET SHARE, BY KEY PLAYER, 2023

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