Cold Chain Market Size to Grow by USD 256.58 billion | Use of RFID in Cold Chain Logistics to Boost Growth | Technavio

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NEW YORK, June 29, 2022 /PRNewswire/ -- The cold chain market will be driven by factors such as the use of RFID in cold chain logistics. Standard RFID tracking and tracing can help in planning and fast decision-making for the transport of temperature-sensitive products. RFID devices help enterprises monitor the temperature. Moreover, RFID tags collect a wide range of information, such as moisture, light, radiation, shock/vibration, and gas concentrations. Therefore, the use of RFID in cold chain logistics tracking and tracing will help enterprises in improving logistics operations and keeping track of the products.

Technavio has announced its latest market research report titled Cold Chain Market by Type, Application, and Geography - Forecast and Analysis 2021-2025
Technavio has announced its latest market research report titled Cold Chain Market by Type, Application, and Geography - Forecast and Analysis 2021-2025

The cold chain market is expected to grow by USD 256.58 bn from 2020 to 2025. Moreover, the growth momentum of the market will progress at a CAGR of 16.92% during the forecast period, according to Technavio.

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Cold Chain Market 2021-2025 : Scope

The cold chain market report covers the following areas:

Cold Chain Market 2021-2025 : Market Challenge

The lack of infrastructure in developing countries will challenge the global cold chain market share growth during the forecast period. In developing countries such as India, the penetration of the cold chain is low due to the high fixed cost involved. Farmers in such countries do not prefer cold storage, as it increases the cost of their operations. Moreover, the lack of technical knowledge and insufficient transportation facilities act as a challenge for the adoption of cold chains among customers in these regions. These factors will make it difficult for customers to access cold chain facilities.

Cold Chain Market 2021-2025 : Segmentation

  • Type

  • Application

  • Geography

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Cold Chain Market 2021-2025 : Regional Analysis

APAC will account for 36% of the market's growth during the forecast period. The large presence of both food and healthcare product suppliers and consumers will drive the cold chain market growth in APAC during the forecast period. China and India are the key countries for the cold chain market in APAC. Moreover, market growth in this region will be faster than the growth of the market in other regions.

Cold Chain Market 2021-2025 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Cold Chain Market, including Americold Realty Trust, Burris Logistics, Congebec Logistics Inc., Deutsche Post DHL Group, John Swire and Sons Ltd., Kloosterboer, Lineage Logistics Holdings LLC, NewCold Cooperatief UA, Nichirei Corp., and United Parcel Service Inc. among others.

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Cold Chain Market 2021-2025 : Key Highlights

  • CAGR of the market during the forecast period 2021-2025

  • Detailed information on factors that will assist cold chain market growth during the next five years

  • Estimation of the cold chain market size and its contribution to the parent market

  • Predictions on upcoming trends and changes in consumer behavior

  • The growth of the cold chain market

  • Analysis of the market's competitive landscape and detailed information on vendors

  • Comprehensive details of factors that will challenge the growth of cold chain market vendors

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Cold Chain Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 16.92%

Market growth 2021-2025

USD 256.58 billion

Market structure

Fragmented

YoY growth (%)

16.23

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

APAC at 36%

Key consumer countries

US, China, UK, Germany, and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Americold Realty Trust, Burris Logistics, Congebec Logistics Inc., Deutsche Post DHL Group, John Swire and Sons Ltd., Kloosterboer, Lineage Logistics Holdings LLC, NewCold Cooperatief UA, Nichirei Corp., and United Parcel Service Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table Of Contents :

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem

  • 2.2 Value chain analysis

3 Market Sizing

  • 3.1 Market definition

  • 3.2 Market segment analysis

  • 3.3 Market size 2020

  • 3.4 Market outlook: Forecast for 2020 - 2025

4 Five Forces Analysis

  • 4.1 Five Forces Analysis

  • 4.2 Bargaining power of buyers

  • 4.3 Bargaining power of suppliers

  • 4.4 Threat of new entrants

  • 4.5 Threat of substitutes

  • 4.6 Threat of rivalry

  • 4.7 Market condition

5 Market Segmentation by Application

  • 5.1 Market segments

  • 5.2 Comparison by Application

  • 5.3 MFS - Market size and forecast 2020-2025

  • 5.4 Dairy and frozen desserts - Market size and forecast 2020-2025

  • 5.5 FVB - Market size and forecast 2020-2025

  • 5.6 Bakery and confectionery - Market size and forecast 2020-2025

  • 5.7 Healthcare - Market size and forecast 2020-2025

  • 5.8 Market opportunity by Application

6 Market Segmentation by Type

  • 6.1 Market segments

  • 6.2 Comparison by Type

  • 6.3 Refrigerated warehouse - Market size and forecast 2020-2025

  • 6.4 Refrigerated transportation - Market size and forecast 2020-2025

  • 6.5 Market opportunity by Type

7 Customer landscape

8 Geographic Landscape

  • 8.1 Geographic segmentation

  • 8.2 Geographic comparison

  • 8.3 North America - Market size and forecast 2020-2025

  • 8.4 Europe - Market size and forecast 2020-2025

  • 8.5 APAC - Market size and forecast 2020-2025

  • 8.6 South America - Market size and forecast 2020-2025

  • 8.7 MEA - Market size and forecast 2020-2025

  • 8.8 Key leading countries

  • 8.9 Market opportunity by geography

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers

  • 9.2 Market challenges

  • 9.3 Market trends

10 Vendor Landscape

  • 10.1 Overview

  • 10.2 Vendor landscape

  • 10.3 Landscape disruption

11 Vendor Analysis

  • 11.1 Vendors covered

  • 11.2 Market positioning of vendors

  • 11.3 Americold Realty Trust

  • 11.4 Burris Logistics

  • 11.5 Congebec Logistics Inc.

  • 11.6 Deutsche Post DHL Group

  • 11.7 John Swire and Sons Ltd.

  • 11.8 Kloosterboer

  • 11.9 Lineage Logistics Holdings LLC

  • 11.10 NewCold Cooperatief UA

  • 11.11 Nichirei Corp.

  • 11.12 United Parcel Service Inc.

12 Appendix

  • 12.1 Scope of the report

  • 12.2 Currency conversion rates for US$

  • 12.3 Research methodology

  • 12.4 List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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