Cold Chain Market worth $390.33 billion by 2030, growing at a CAGR of 9.00% - Exclusive Report by 360iResearch

The "Cold Chain Market by Component (Hardware, Software), Type (Refrigerated Storage, Refrigerated Transport), Technology, Temperature Range, Deployment Type, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Cold Chain Market to grow from USD 213.51 billion in 2023 to USD 390.33 billion by 2030, at a CAGR of 9.00%.

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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.

The 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.

Market Segmentation & Coverage:

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

Based on Component, market is studied across Hardware and Software. The Hardware is further studied across Networking Devices, RFID Devices, Sensors & Data Loggers, and Telematics & Telemetry Devices. The Hardware is projected to witness significant market share during forecast period.

Based on Type, market is studied across Refrigerated Storage and Refrigerated Transport. The Refrigerated Storage is further studied across Cold Containers and Warehouses. The Refrigerated Transport is further studied across Airways, Railways, Roadways, and Waterways. The Refrigerated Storage is projected to witness significant market share during forecast period.

Based on Technology, market is studied across Blast Freezing, Evaporating Cooling, and Vapor Compression. The Blast Freezing is projected to witness significant market share during forecast period.

Based on Temperature Range, market is studied across -1 to -20 Celsius, 0 to 15 Celsius, and Below -20 Celsius. The Below -20 Celsius is projected to witness significant market share during forecast period.

Based on Deployment Type, market is studied across On-Cloud and On-Premises. The On-Premises is projected to witness significant market share during forecast period.

Based on Application, market is studied across Food & Beverage and Pharmaceuticals. The Food & Beverage is further studied across Bakery & Confectionary, Dairy & Frozen Products, Fruit Pulp & Concentrates, Fruits & Vegetables, Meat & Seafood, and Processed Food. The Pharmaceuticals is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Cold Chain Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Cold Chain Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

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.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Cold Chain Market, by Component
7. Cold Chain Market, by Type
8. Cold Chain Market, by Technology
9. Cold Chain Market, by Temperature Range
10. Cold Chain Market, by Deployment Type
11. Cold Chain Market, by Application
12. Americas Cold Chain Market
13. Asia-Pacific Cold Chain Market
14. Europe, Middle East & Africa Cold Chain Market
15. Competitive Landscape
16. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Cold Chain Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Cold Chain Market?
3. What is the competitive strategic window for opportunities in the Cold Chain Market?
4. What are the technology trends and regulatory frameworks in the Cold Chain Market?
5. What is the market share of the leading vendors in the Cold Chain Market?
6. What modes and strategic moves are considered suitable for entering the Cold Chain Market?

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