Global Cold Chain Market Report is highly intended to offer robust acumen considering Cold Chain Market industry to aid a market contender with insightful analysis for Cold Chain Market size, share, competitive scenario, segments, sub-segments, and dominant industry competitors. The report focuses on the historic and current situation of the market to provide valuable forecast analysis based on sales revenue, global demand, and growth rate of the market.
The global cold chain market size will grow by USD 173.82 billion during 2019-2023.
Market Key Players
COLDMAN, Godamwale, COLDCARE, Foster Cold Storage, Kelvin Cold Chain Logistics Pvt. Ltd., Gubba Cold Storage, Gati Kausar.
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Market outlook and forecast for Cold Chain
The cold chain industry is increasingly adopting IoT to enhance the effectiveness and efficiency of supply chains. IoT sends real-time notifications about the condition of products to enterprises and allows them to remotely control and monitor the temperature settings of the vehicle or warehouse. Moreover, by allowing enterprises to focus on descriptive and predictive analytics, IoT helps in maintaining the quality and integrity of food and medicines throughout the transportation or storing process. Restaurant owners can also ensure proper food safety procedures by accurately monitoring the temperature of food storage facilities through IoT.
Trade corridors are integrated transport networks that are designed to stimulate economic development by connecting cities or countries through integrated infrastructures, such as railroads and highways. Several countries and regions are investing heavily in trade corridors to generate economic benefits and aid in development, such as economic growth, jobs, reduce poverty, and economic resilience. Enterprises use these economic corridors to transport perishable and temperature-sensitive products, such as fruits, vegetables, and fish across borders. The increasing number of trade corridors will boost the demand for refrigerated transportation, consequently fueling the growth of the cold chain market at a CAGR of almost 15% during the forecast period.
Segmentation: Cold Chain market
On the basis of types, the Cold Chain market is primarily split into:
On the basis of applications, the market covers:
Fruits & Vegetables
Bakery & Confectionery
Fish & Seafood
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North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Major Highlights of the Cold Chain Market
CAGR of the market during the forecast period 2019-2025
Detailed information on factors that will accelerate the growth of the Cold Chain during the next five years
Precise estimation of the global Cold Chain market size and its contribution to the parent market
Accurate predictions on upcoming trends and changes in consumer behavior
The growth of the Cold Chain industry across APAC, Europe, MEA, North America, and South America
A thorough analysis of the market’s competitive landscape and detailed information on several vendors
Comprehensive details of factors that will challenge the growth of Cold Chain companies
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– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.
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