Cold Chain Logistics Market was valued at US$ 272.3 Bn. in 2022 and the total revenue is expected to grow at 7.9% of CAGR through 2023 to 2029, reaching nearly US$ 463.72 Bn.
Cold Chain Logistics Market Overview:
This Cold Chain Logistics market study looks at current and emerging industry trends and dynamics in the global Cold Chain Logistics market. Cold Chain Logistics Extensive market forecasting for the major market segments is carried out between 2022 and 2029. Extensive Cold Chain Logistics market analysis is carried out by closely monitoring key product positions and the main competitors in the market framework. To understand the competitive landscape of the worldwide Cold Chain Logistics market, key players are profiled and their strategies are thoroughly evaluated.
Market Scope:
The analysis contains a current examination of the present Cold Chain Logistics market landscape, as well as the most recent trends and drivers, as well as an overview of the entire Cold Chain Logistics market environment. Increased demand for Cold Chain Logistics is driving the market. The Cold Chain Logistics market research examines the technology, end-user, and type categories, among other things, as well as the geographical landscape.
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Segmentation:
The Cold Chain Logistics Market is divided into two segments based on type: refrigerated warehousing and refrigerated transport. Over the course of the forecast period, chilled warehousing held the biggest market share. Warehouses that are related to cold storage are not new. Because people have always needed to eat, they have been keeping food at cool temperatures even before the convenience of home refrigerators and freezers was invented. It is believed that food products kept cold would be safe and healthy for extended periods of time. As a result, there is a need in the cold chain logistics market.
From Victorian-era ice houses to industrial-scale operations using cutting-edge, high-tech facilities, often with high degrees of automation, cold storage warehousing has changed over time.
Key Players:
The market research report provides comprehensive quantitative insights that provide a clear picture of the worldwide market potential in a variety of categories, as well as country-by-country analyses in each covered topic. The analysis investigates the market’s major influencing factors, as well as complete company profiles of
1. Americold Logistics, Inc (US)
2. Lineage Logistics Holdings LLC (US)
3. Burris Logistics (US)
4. United States Cold Storage (US)
5. Tippmann Group (US)
6. NewCold (US)
7. Seafrigo (US)
8. Merchants Terminal Corporation (US)
9. Nordic Logistics (US)
10.Cold Chain Technologies, Inc. (US)
11.Cold Box Express, Inc. (US)
12.Valor Industries (US)
13.Congebec Inc (Canada)
14.Conestoga Cold Storage (Canada)
15.Cryopak Industries Inc. (Canada)
Regional Analysis:
Individual market influencing variables and changes in market laws that impact present and future market trends are also included in the regional segment of the Cold Chain Logistics market study. Data points such as downstream and upstream value chain analysis, technology trends, porter’s five forces analysis, and case studies are just a few of the indicators utilized to anticipate market scenarios for various industries. When examining projection data for the region, the existence and availability of global players, as well as the obstacles they face as a result of substantial or low to none competition from local and domestic brands, are all taken into account.
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COVID-19 Impact Analysis on Cold Chain Logistics Market:
The COVID-19 epidemic has had a significant impact on the global Cold Chain Logistics industry. Cold Chain Logistics Production facilities were halted due to the global economic slump and a lack of manpower. The COVID-19 pandemic has led to a significant and extended drop in production utilization, and travel prohibitions and facility closures have kept personnel away from their facilities, causing the Cold Chain Logistics market to decelerate in 2020. The negative impact of COVID-19 on the Cold Chain Logistics market, on the other hand, is expected to be transitory, and the sector is expected to revive significantly by early 2022, owing to increased demand for Cold Chain Logistics.
Key Questions Answered in the Cold Chain Logistics Market Report are:
- Which segment was responsible for the largest share in the Cold Chain Logistics market?
- How was the competitive scenario of the Cold Chain Logistics market in 2022?
- Which are the key factors responsible for the Cold Chain Logistics market growth?
- Which region held the maximum share in the Cold Chain Logistics market in 2022?
