Cold Chain Market in APAC by End-user, Service, and Geography - Forecast and Analysis 2020-2024

The cold chain market size in APAC has the potential to grow by $ 79.20 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by end-user (food and beverages and pharmaceuticals and healthcare), service (temperature-controlled warehousing and temperature-controlled transportation), and geography (China, India, Australia, Japan, and rest of APAC). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including AGRO Merchants Group, Americold Realty Trust, Burris Logistics, Deutsche Post DHL Group, FedEx Corp., John Swire & Sons Ltd., Kuehne + Nagel International AG, LINEAGE LOGISTICS HOLDING LLC, Orient Overseas International Ltd., and United Parcel Service Inc.

Market Overview

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Market Competitive Analysis

The market is fragmented. AGRO Merchants Group, Americold Realty Trust, Burris Logistics, Deutsche Post DHL Group, FedEx Corp., John Swire & Sons Ltd., Kuehne + Nagel International AG, LINEAGE LOGISTICS HOLDING LLC, Orient Overseas International Ltd., and United Parcel Service Inc. are some of the major market participants. Factors such as rising demand for frozen and sea food due to changing consumption patterns, increasing trade of pharma and healthcare devices in apac, and convergence of it and vehicular technology in cold chain systems will offer immense growth opportunities. However, high establishment, maintenance, and energy consumption costs in the cold chain industry, underdeveloped infrastructure of cold chain logistics, and operational difficulties due to stringent government regulations may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this cold chain market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this cold chain market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

• AGRO Merchants Group
• Americold Realty Trust
• Burris Logistics
• Deutsche Post DHL Group
• FedEx Corp.
• John Swire & Sons Ltd.
• Kuehne + Nagel International AG
• LINEAGE LOGISTICS HOLDING LLC
• Orient Overseas International Ltd.
• United Parcel Service Inc.

Cold Chain Market in APAC: Segmentation by End-user

The report offers an up-to-date analysis regarding the current APAC market scenario, latest trends and drivers, and the overall market environment. Food & beverages will offer several growth opportunities to market vendors during the forecast period. The adoption of the PPP model for infrastructural development in supply chains, increased demand for integrated cold chain logistics services, and increased cold storage capacity of reefer containers and refrigerated warehouses will significantly influence cold chain market growth in this region.

56% of the market’s growth will originate from China during the forecast period. This report provides an accurate prediction of the contribution of all segments to the growth of the cold chain market size.

Cold Chain Market in APAC: Key Highlights of the Report for 2020-2024

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will cold chain market growth in APAC during the next five years
• Precise estimation of the cold chain market size in APAC 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 China, India, Australia, Japan, and rest of APAC
• A thorough 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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