IMARC Group’s latest research report, titled “Asia Pacific Cold Chain Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The Asia Pacific cold chain market reached a value of US$ 128.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 290.1 Billion by 2027, exhibiting at a CAGR of 14.2% during 2022-2027. Cold chain refers to a combination of supply chain and the surface transport of temperature-controlled products, including temperature-sensitive foods, biopharmaceutical drugs, and equipment. The system involves the utilization of temperature-controlled warehouses for product storage and cold insulated transport vehicles consisting of freezing solutions for product distribution. Surface transportation modes include refrigerated trucks, railcar cargo, and air cargo. Cold chain logistics are extensively utilized across the globe to maintain the shelf life and nutritional value of products, avoid wastage of perishable products, and reduce transport bottlenecks during peak periods.
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Important Attribute and highlights of the Report:
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Detailed analysis of the market share
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Market Segmentation by service type, temperature and end user.
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Historical, current, and projected size of the market in terms of volume and value
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Latest industry trends and developments
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Competitive Landscape for Asia Pacific Cold Chain Market
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Strategies of major players and product offerings
The Asia-Pacific cold chain market is primarily driven by the rising concerns over food safety among the masses. This is further supported by the shifting consumer preferences towards fresh and frozen food products from organized retail channels. Moreover, the growing inclination of consumers towards temperature-sensitive premium produce, such as meat, dairy and seafood, is also contributing to the growth of the market. Additionally, the expanding numbers of refrigerated warehouses, all-year-round demand for seasonal products, considerable growth in the pharmaceutical sector and extensive research and development (R&D) activities are further positively impacting the market growth.
Key Players Included in Asia Pacific Cold Chain Market Research Report:
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AmeriCold Logistics LLC
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Deutsche Post DHL Group
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John Swire & Sons (H.K.) Limited
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Kuehne + Nagel International AG
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United Parcel Service, Inc.
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Nichirei Logistics Group Inc.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Key Market Segmentation:
Market by Service Type:
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Refrigerated Storage
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Refrigerated Transport
Market by Temperature:
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Chilled
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Frozen
Market by End User:
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Food and Beverages
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Pharmaceuticals
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Chemicals
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Others
Market by Region:
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China
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India
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Japan
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Singapore
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South Korea
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Australia
TOC for the Asia Pacific Cold Chain Market Research Report:
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Preface
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Scope and Methodology
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Executive Summary
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Introduction
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Asia Pacific Cold Chain Market
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SWOT Analysis
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Value Chain Analysis
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Price Analysis
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Competitive Landscape
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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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