Global Cold Chain Market 2024-2028
The cold chain market is forecasted to grow by USD 441.18 bn during 2023-2028, accelerating at a CAGR of 18.04% during the forecast period. The report on the cold chain market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by use of RFID in cold chain logistics, increasing number of trade corridors, and increase in pharmaceutical supply through e-commerce.
Technavio's cold chain market is segmented as below:
By Type
- Refrigerated warehouse
- Refrigerated transportation
By Application
- Meat and seafood
- Fruits vegetables and beverages
- Dairy and frozen desserts
- Bakery and confectionery
- Healthcare
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the growing number of M&A activities as one of the prime reasons driving the cold chain market growth during the next few years. Also, integration of iot with cold chain solutions and use of AS/RS will lead to sizable demand in the market.
The report on the cold chain market covers the following areas:
- Cold chain market sizing
- Cold chain market forecast
- Cold chain market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cold chain market vendors that include Americold Realty Trust Inc., AP Moller Maersk AS, Burris Logistics Co., Cold Chain Technologies, Congebec Logistics Inc., Deutsche Post AG, FedEx Corp., Frialsa Frigorificos SA de CV, ColdEX Ltd., John Swire and Sons Ltd., Kuehne Nagel Management AG, Lineage Logistics Holdings LLC, NewCold Cooperatief UA, Nichirei Corp., Orient Overseas Container Line Ltd., Snowman Logistics Ltd., Tippmann Group, United Parcel Service Inc., VersaCold Logistics Services, and WH Group Ltd.. Also, the cold chain market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.