Product Code: GVR-1-68038-760-5
Cold Chain Market Growth & Trends:
The global cold chain market is expected to reach USD 986.91 billion by 2030, registering a CAGR of 17.1%, according to a new report by Grand View Research, Inc. The retail sector in emerging economies, such as India and China, is getting more organized and this trend is expected to augment the demand for cold storage over the forecast period. Government policies to deregulate the entry of foreign companies have increased the Foreign Direct Investment (FDI) in the retail sectors of such regions.
Organized retail stores use better refrigeration and improved storage technology than traditional stores. Thus, consumers are increasingly purchasing frozen foods from these retail stores. With the increased demand for chilled and frozen foods and the rapidly expanding organized retail sector, the demand for cold storage solutions is expected to grow over the projected period. Organized retail supports different outlet formats depending on spending power and proximity to major residential and consumption clusters.
The offline mode of organized retailing is categorized into convenience stores, supermarkets, and hypermarkets based on product range and surface coverage. On the other hand, the lack of power hook-ups for reefer trailers at transportation hubs and ports coupled with the lack of reliable power supply for cold warehouses further increases the operating costs.
However, this also offers opportunities for companies to develop unique solutions or leverage alternative energy sources that can overcome these issues in emerging markets. Furthermore, new transportation means, such as versatile refrigerated containers, are being developed to overcome the lack of adequate transportation facilities. These solutions can provide access to international markets and offer opportunities for farmers and small-scale businesses in these regions.
Cold Chain Market Report Highlights:
- Low carbon design, environmental auditing, and construction of energy-efficient cold storage warehouses are anticipated to fuel the demand for cold storage.
- Growing supermarket shopping culture and rising consumer preference toward private labels are the key factors for the expansion of food retail chains across the globe.
- The cold packs segment is anticipated to register a CAGR of 21.0%. The growth is attributed to the significant changes in the living standards and food consumption behavior of consumers.
- The processed food application is anticipated to witness a high CAGR of 19.1% over the projected period.
- The primary source markets for cold chain are the U.S., Canada, Germany, China, the U.K., India, France, Japan, and South Korea. The U.S. will be the primary source market for cold chain providers.
- The market in Japan is becoming increasingly saturated, resulting in cold storage operators in the country seeking avenues to enhance international trade.
- Key players in the market include Americold Logistics LLC, Agro Merchant Group, Burris Logistics, Inc., Henningsen Cold Storage Company, Lineage Logistics, LLC, Nordic Logistics, Preferred Freezer, Wabash National, Cold Chain Technologies, Inc., Cryopak Industries Inc., Creopack, Cold Box Express, Inc., Intelsius, Nilkamal Limited, Sofrigam, Softbox Systems Ltd., Sonoco ThermoSafe, Valor Industries, and va Q tec AG.
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope and Assumptions
- 1.3. List of Data Sources
- 1.4. List of Abbreviations
Chapter 2. Executive Summary
- 2.1. Key Market Trends
- 2.1.1. Expansion of food retail chains
- 2.1.2. Implications of CO2/NH3 cascade refrigeration system
- 2.1.3. Environmental impact of refrigerants
- 2.1.4. Cost and risk reduction strategies in pharmaceutical cold chain distribution
- 2.1.5. Internet of Things (IoT) in pharmaceutical supply chains
- 2.2. Key Country Trends
- 2.2.1. China
- 2.2.1.1. E-commerce industry trends in China
- 2.2.1.2. Effects of e-commerce on the Chinese seafood market
- 2.2.1.3. Impact of food and beverage e-commerce on the supply chain
- 2.2.1.4. Initiatives by online retail giants to upgrade cold chain systems
- 2.2.1.5. Business models for fresh food produce e-commerce in China
- 2.2.1.5.1. Integrated B2C e-commerce marketplace
- 2.2.1.5.2. Vertical B2C e-commerce platform
- 2.2.1.5.3. E-commerce platform operated by logistics companies
- 2.2.1.5.4. O2O model operated by supermarkets
- 2.2.1.5.5. Community O2O model
- 2.2.1.6. Fresh produce e-commerce in China-Factors for increased losses
- 2.2.1.6.1. Factors to overcome challenges involved in fresh produce e-commerce
- 2.2.1.6.2. Fresh produce e-commerce - Cold chain logistics requirements
- 2.2.2. Singapore
- 2.2.3. India
- 2.2.3.1. Government initiatives
- 2.2.4. Japan
- 2.2.5. U.S.
- 2.2.6. China
- 2.2.7. Brazil
- 2.3. Cold Chain-Industry Snapshot & Key Buying Criteria, 2017 - 2030
- 2.3.1. Global cold chain market, 2017 - 2030
- 2.3.2. Cold chain type outlook (Revenue, USD Billion; 2017 - 2030)
- 2.3.2.1. Storage
- 2.3.2.2. Transportation
- 2.3.2.3. Monitoring components
- 2.3.3. Cold chain packaging outlook (Revenue, USD Million; 2017 - 2030)
- 2.3.3.1. Product
- 2.3.3.2. Materials
- 2.3.4. Cold chain equipment outlook (Revenue, USD Million; 2017 - 2030)
- 2.3.5. Cold chain application outlook (Revenue, USD Million; 2017 - 2030)
- 2.3.5.1. Dairy products
- 2.3.5.2. Pharmaceuticals
- 2.3.5.3. Bakery & confectionary
- 2.3.5.4. Processed food
- 2.3.5.5. Fish, meat, and seafood
- 2.3.5.6. Fruits & vegetables
- 2.3.5.7. Fruit pulp & concentrates
- 2.3.5.8. Others (ready-to-cook, poultry)
Chapter 3. Market Variables, Trends, & Scope Outlook
- 3.1. Market Segmentation & Scope
- 3.2. Cold Chain Market Size & Growth Prospects
- 3.3. Cold Chain Market - Value Chain Analysis
- 3.4. Cold Chain Market Dynamics
- 3.4.1. Refrigerants market analysis
- 3.4.2. Market driver analysis
- 3.4.3. Market restraints analysis
- 3.4.4. Market opportunity analysis
- 3.4.5. Market challenge analysis
- 3.5. Key Opportunities-Prioritized
- 3.6. List of Key Players with Cold Storage Capacity - 2021
- 3.7. Regulatory Framework for Chilled and Frozen Food
- 3.7.1. The U.S.
- 3.7.2. Canada
- 3.7.3. Germany
- 3.7.4. The U.K.
- 3.7.5. India
- 3.7.6. China
- 3.7.7. Netherlands
- 3.7.8. Norway
- 3.7.9. Singapore
- 3.7.10. Japan
- 3.8. Cold Chain Market - Porter's Five Forces Analysis
- 3.8.1. Supplier power
- 3.8.2. Buyer power
- 3.8.3. Substitution threat
- 3.8.4. Threat from new entrant
- 3.8.5. Competitive rivalry
- 3.9. Cold Chain Market - PEST Analysis
- 3.9.1. Political landscape
- 3.9.2. Economic landscape
- 3.9.3. Social landscape
- 3.9.4. Technology landscape
- 3.10. COVID-19 Impact Analysis
Chapter 4. Cold Chain Market Type Outlook
- 4.1. Cold Chain Market, By Type Analysis & Market Share, 2021 & 2030
- 4.2. Storage
- 4.2.1. Warehouses
- 4.2.1.1. On-grid
- 4.2.1.2. Off-grid
- 4.2.2. Reefer container
- 4.3. Transportation
- 4.3.1. Road
- 4.3.2. Sea
- 4.3.3. Rail
- 4.3.4. Air
- 4.4. Monitoring components
- 4.4.1. Hardware
- 4.4.1.1. Sensors
- 4.4.1.2. RFID devices
- 4.4.1.3. Telematics
- 4.4.1.4. Networking devices
- 4.4.2. Software
- 4.4.2.1. On-premise
- 4.4.2.2. Cloud-based
Chapter 5. Cold Chain Market Packaging Outlook
- 5.1. Cold Chain Market, By Packaging Analysis & Market Share, 2021 & 2030
- 5.2. Product
- 5.2.1. Crates
- 5.2.1.1. Dairy
- 5.2.1.2. Pharmaceuticals
- 5.2.1.3. Fishery
- 5.2.1.4. Horticulture
- 5.2.2. Insulated containers & boxes
- 5.2.2.1. Payload size
- 5.2.2.1.1. Large (32 to 66 liters)
- 5.2.2.1.2. Medium (21 to 29 liters)
- 5.2.2.1.3. Small (10 to 17 liters)
- 5.2.2.1.4. X-small (3 to 8 liters)
- 5.2.2.1.5. Petite (0.9 to 2.7 liters)
- 5.2.2.2. Type
- 5.2.2.2.1. Cold Chain Bags/Vaccine Bags
- 5.2.2.2.2. Corrugated Boxes
- 5.2.2.2.3. Others
- 5.2.3. Cold Packs
- 5.2.4. Labels
- 5.2.5. Temperature-controlled Pallet Shippers
- 5.3. Materials
- 5.3.1. Insulating Materials
- 5.3.1.1. EPS
- 5.3.1.2. PUR
- 5.3.1.3. VIP
- 5.3.1.4. Cryogenic Tanks
- 5.3.1.5. Others
- 5.3.2. Insulating Materials
- 5.3.2.1. Fluorocarbons
- 5.3.2.1.1. Inorganics
- 5.3.2.1.2. Ammonia
- 5.3.2.2. CO2
- 5.3.2.3. Hydrocarbons
Chapter 6. Cold Chain Market Equipment Outlook
- 6.1. Cold Chain Market, By Equipment Analysis & Market Share, 2021 & 2030
- 6.2. Storage Equipment
- 6.2.1. On-grid
- 6.2.2. Off-grid
- 6.3. Transportation Equipment
Chapter 7. Cold Chain Market Application Outlook
- 7.1. Cold Chain Market, By Application Analysis & Market Share, 2021 & 2030
- 7.2. Fruits & vegetables
- 7.3. Fruits pulp & concentrates
- 7.4. Dairy products
- 7.5. Fish, meat, and seafood
- 7.6. Processed food
- 7.7. Pharmaceuticals
- 7.8. Bakery & confectionary
- 7.9. Others
Chapter 8. Cold Chain Market: Regional Estimates & Trend Analysis
- 8.1. Cold Chain Market Share by Region, 2021 & 2030
- 8.2. North America Cold Chain Market, 2017 - 2030
- 8.2.1. U.S. Cold Chain Market, 2017 - 2030
- 8.2.2. Canada Cold Chain Market, 2017 - 2030
- 8.2.3. Mexico Cold Chain Market, 2017 - 2030
- 8.3. Europe Cold Chain Market, 2017 - 2030
- 8.3.1. U.K. Cold Chain Market, 2017 - 2030
- 8.3.2. Germany Cold Chain Market, 2017 - 2030
- 8.3.3. France Cold Chain Market, 2017 - 2030
- 8.3.4. Italy Cold Chain Market, 2017 - 2030
- 8.3.5. Spain Cold Chain Market, 2017 - 2030
- 8.4. Asia Pacific Cold Chain Market, 2017 - 2030
- 8.4.1. China Cold Chain Market, 2017 - 2030
- 8.4.2. India Cold Chain Market, 2017 - 2030
- 8.4.3. Japan Cold Chain Market, 2017 - 2030
- 8.4.4. Singapore Cold Chain Market, 2017 - 2030
- 8.4.5. South Korea Cold Chain Market, 2017 - 2030
- 8.5. South America Cold Chain Market, 2017 - 2030
- 8.5.1. Brazil Cold Chain Market, 2017 - 2030
- 8.6. Middle East Cold Chain Market, 2017 - 2030
- 8.6.1. UAE Cold Chain Market, 2017 - 2030
- 8.6.2. Saudi Arabia Cold Chain Market, 2017 - 2030
- 8.6.3. Israel Cold Chain Market, 2017 - 2030
- 8.7. Africa Cold Chain Market, 2017 - 2030
- 8.7.1. South Africa Cold Chain Market, 2017 - 2030
- 8.7.2. Nigeria Cold Chain Market, 2017 - 2030
- 8.7.3. Egypt Cold Chain Market, 2017 - 2030
- 8.7.4. Kenya Cold Chain Market, 2017 - 2030
Chapter 9. Competitive Analysis
- 9.1. Recent Developments and Impact Analysis, by Key Market Participants
- 9.2. Company/Competition Categorization (Key Innovators, Market Leaders, Emerging, Niche Players)
- 9.3. Vendor Landscape
- 9.3.1. Key company market share analysis, 2021
- 9.4. Company Analysis Tools
- 9.4.1. Market Position Analysis
- 9.4.2. Competitive Dashboard Analysis
Chapter 10. Competitive Landscape
- 10.1. Company Profiles
- 10.1.1. Americold Logistics LLC
- 10.1.1.1. Company overview
- 10.1.1.2. Financial performance
- 10.1.1.3. Type benchmarking
- 10.1.1.4. Strategic initiatives
- 10.1.2. Agro Merchant Group
- 10.1.2.1. Company overview
- 10.1.2.2. Financial performance
- 10.1.2.3. Type benchmarking
- 10.1.2.4. Strategic initiatives
- 10.1.3. Burris Logistics, Inc.
- 10.1.3.1. Company overview
- 10.1.3.2. Financial performance
- 10.1.3.3. Type benchmarking
- 10.1.3.4. Strategic initiatives
- 10.1.4. Henningsen Cold Storage Company
- 10.1.4.1. Company overview
- 10.1.4.2. Financial performance
- 10.1.4.3. Type benchmarking
- 10.1.4.4. Strategic initiatives
- 10.1.5. Lineage Logistics, LLC
- 10.1.5.1. Company overview
- 10.1.5.2. Financial performance
- 10.1.5.3. Type benchmarking
- 10.1.5.4. Strategic initiatives
- 10.1.6. Nordic Logistics
- 10.1.6.1. Company overview
- 10.1.6.2. Financial performance
- 10.1.6.3. Type benchmarking
- 10.1.6.4. Strategic initiatives
- 10.1.7. Preferred Freezer
- 10.1.7.1. Company overview
- 10.1.7.2. Financial performance
- 10.1.7.3. Type benchmarking
- 10.1.7.4. Strategic initiatives
- 10.1.8. Wabash National
- 10.1.8.1. Company overview
- 10.1.8.2. Financial performance
- 10.1.8.3. Type benchmarking
- 10.1.8.4. Strategic initiatives
- 10.2. Company Profiles: Packaging solutions companies
- 10.2.1. Cold Chain Technologies, Inc.
- 10.2.1.1. Company overview
- 10.2.1.2. Financial performance
- 10.2.1.3. Type benchmarking
- 10.2.1.4. Strategic initiatives
- 10.2.2. Cryopak Industries Inc.
- 10.2.2.1. Company overview
- 10.2.2.2. Financial performance
- 10.2.2.3. Type benchmarking
- 10.2.2.4. Strategic initiatives
- 10.2.3. Creopack
- 10.2.3.1. Company overview
- 10.2.3.2. Financial performance
- 10.2.3.3. Type benchmarking
- 10.2.3.4. Strategic initiatives
- 10.2.4. Cold Box Express, Inc.
- 10.2.4.1. Company overview
- 10.2.4.2. Financial performance
- 10.2.4.3. Type benchmarking
- 10.2.4.4. Strategic initiatives
- 10.2.5. Intelsius
- 10.2.5.1. Company overview
- 10.2.5.2. Financial performance
- 10.2.5.3. Type benchmarking
- 10.2.5.4. Strategic initiatives
- 10.2.6. Nilkamal Limited
- 10.2.6.1. Company overview
- 10.2.6.2. Financial performance
- 10.2.6.3. Type benchmarking
- 10.2.6.4. Strategic initiatives
- 10.2.7. Sofrigam
- 10.2.7.1. Company overview
- 10.2.7.2. Financial performance
- 10.2.7.3. Type benchmarking
- 10.2.7.4. Strategic initiatives
- 10.2.8. Softbox Systems Ltd.
- 10.2.8.1. Company overview
- 10.2.8.2. Financial performance
- 10.2.8.3. Type benchmarking
- 10.2.8.4. Strategic initiatives
- 10.2.9. Sonoco ThermoSafe
- 10.2.9.1. Company overview
- 10.2.9.2. Financial performance
- 10.2.9.3. Type benchmarking
- 10.2.9.4. Strategic initiatives
- 10.2.10. Valor Industries
- 10.2.10.1. Company overview
- 10.2.10.2. Financial performance
- 10.2.10.3. Type benchmarking
- 10.2.10.4. Strategic initiatives
- 10.2.11. va Q tec AG
- 10.2.11.1. Company overview
- 10.2.11.2. Financial performance
- 10.2.11.3. Type benchmarking
- 10.2.11.4. Strategic initiatives