Cold Chain: Discover Key Drivers that will Boost Growth

Growth Drivers and Market Forecast for 2021-2025

The Cold Chain Market is projected to post an incremental growth of $ 256.58 bn, at a CAGR of almost 16.92% till 2025. This research report provides detailed insights into growth drivers that are likely to boost the market. It also provides an analysis of all the segments, trends and challenges that are expected to impact the market in focus. This research will thus equip business leaders with data and insights necessary for designing future ready strategies for growth and development.

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Cold Chain Market: Key Market Drivers

One of the key factors that will drive growth is Use of RFID in cold chain logistics. This research report provides a comprehensive analysis of this and all the other factors that will boost growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. Our analysis is designed to empower clients with actionable insights that will help them leverage growth opportunities and formulate winning strategies to drive their business further.

Cold Chain Market: Growth Segments

This report provides a detailed analysis of the market by Type (Refrigerated warehouse and Refrigerated transportation), Application (MFS, Dairy and frozen desserts, FVB, Bakery and confectionery, and Healthcare), and Geography (North America, Europe, APAC, South America, and MEA). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Request our Free Sample Report 

Cold Chain Market: Vendor Landscape

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Americold Realty Trust, Burris Logistics, Congebec Logistics Inc., Deutsche Post DHL Group, John Swire and Sons Ltd., Kloosterboer, Lineage Logistics Holdings LLC, Nichirei Corp., and United Parcel Service Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of almost 16.92%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 256.58 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Use of RFID in cold chain logistics will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   36% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are Americold Realty Trust, Burris Logistics, Congebec Logistics Inc., Deutsche Post DHL Group, John Swire and Sons Ltd., Kloosterboer, Lineage Logistics Holdings LLC, Nichirei Corp., and United Parcel Service Inc.
    
7. What are the market segments covered in this report?
   The market is segmented by Type (Refrigerated warehouse and Refrigerated transportation), Application (MFS, Dairy and frozen desserts, FVB, Bakery and confectionery, and Healthcare), and Geography (North America, Europe, APAC, South America, and MEA)

Cold Chain Market Size to Grow by $ 230.29 bn through 2020-2024 | Forecast and Trend Analysis

Technavio has been monitoring the cold chain market and it is expected to grow by $ 230.29 bn, accelerating at a CAGR of almost 17% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Cold Chain Market: Emerging Trends to Impact Market Growth

Increasing number of trade corridors to emerge as a key trend in the industrial cold chain market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Cold Chain Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AGRO Merchants Group, Americold Realty Trust, Deutsche Post DHL Group, John Swire & Sons Ltd., Kloosterboer, Knight-Swift Transportation Holdings Inc., Lineage Logistics LLC, NewCold Coöperatief UA, Nichirei Corp., and United Parcel Service Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

For more insights into this market:Download a Free Sample Report

Cold Chain Market 2020-2024 to Post a CAGR of Nearly 17% During the COVID-19 Pandemic

The Global Cold Chain Market is expected to grow by USD 230.29 billlion accelerating at a CAGR of almost 17% during the forecast period. The Industrials sector is expected to witness negative growth as a result of COVID-19, and the impact of the pandemic on the market in focus is also expected to remain negative. Technavio evaluates the market with a detailed investigation into the market forces, emerging trends, and growth drivers. It also provides competitive benchmarking to equip clients with actionable insights that will help them navigate through the current market scenario. Preview our latest report with COVID-19 Impact Analysis

"The growing use of RFID in cold chain logistics will drive the growth prospects for the Global Cold Chain Market in the forthcoming years. 34% of the market growth will originate from APAC during the forecast period.", says senior research analyst for the Industrials Industry at Technavio.

Cold Chain Market: Type Segment Highlights

• Type Segmentation: Refrigerated warehouse and Refrigerated transportation
• The growth of the global refrigerated transportation market can be affected by inadequate road connectivity in various developing and underdeveloped countries, which can impact the adoption of refrigerated transportation.

Cold Chain Market: Competitive Analysis

• The Cold Chain Market is fragmented due to the presence of several vendors.
• Market vendors are focused on market expansion, innovations, and expansion of distribution networks.
• AGRO Merchants Group, Americold Realty Trust, Deutsche Post DHL Group, John Swire & Sons Ltd., Kloosterboer, Knight-Swift Transportation Holdings Inc., Lineage Logistics LLC, NewCold Coöperatief UA, Nichirei Corp., and United Parcel Service Inc. are some of the major market participants. Although the growing demand for Cold Chain will offer immense growth opportunities, the fluctuating fuel prices will challenge the growth of the market participants. 

Technavio provides custom research reports with detailed insights on the impact of COVID-19 with respect to the industry, region, and supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. Download a Free Sample Report