Chilling Prospects : Asia-Pacific Cold Chain Logistics Market Forecasted to Reach $133.97 Billion by 2027
OREGAON, PORTLAND, UNITED STATES , February 9, 2024 /EINPresswire.com/ -- According to a recent report published by Allied Market Research, titled, Cold Chain Logistics Market by Business Type, End-use Industry, Product, and Technology: Asia-Pacific Opportunity Analysis and Industry Forecast, 2020–2027,”
The Asia-Pacific cold chain logistics market was valued at $68.32 billion in 2019, and is projected to reach $133.97 billion by 2027, registering a CAGR of 11.7%.
☑️𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 - https://www.alliedmarketresearch.com/request-sample/5412
Rise in number of refrigerated warehouses, growth of the processed food sector, and development of the pharmaceuticals sector have boosted the growth of the Asia-Pacific cold chain logistics market. However, lack of standardization and high operational cost hinder the market growth. On the contrary, adoption of automated software for cold chain logistics and availability of RFID technologies for cold chain applications are expected to open lucrative opportunities for the market players in the future.
The Asia-Pacific cold chain logistics market is segmented on the basis of business type, end-use industry, product, and region. Based on business type, the cold storage segment held the lion’s share in 2019, accounting for nearly three-fourths of the market. However, the cold chain transport segment is estimated to register the highest CAGR of 14.4% from 2020 to 2027.
On the basis of end-use industry, the meat fish & sea food segment held the largest share in 2019, contributing to around one-third of the market. However, the dairy & frozen desserts segment is estimated to register the highest CAGR of 14.2% during the forecast period.
☑️𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/asia-pacific-cold-chain-logistics-market/purchase-options
The Asia-Pacific cold chain logistics market is analyzed across several regions such as Japan, India, Indonesia, Thailand, Malaysia, Philippines, Vietnam, China, Australia, and Rest of Asia-Pacific. The market across China dominated in 2019, contributing to nearly half of the market. However, the market across Vietnam segment is estimated to manifest the highest CAGR of 18.4% during the forecast period.
On the basis of end-use industry, the meat fish & sea food segment held the largest share in 2019, contributing to around one-third of the market. However, the dairy & frozen desserts segment is estimated to register the highest CAGR of 14.2% during the forecast period.
The Asia-Pacific cold chain logistics market report includes an in-depth analysis of the major market players such as 𝐂𝐉 𝐑𝐨𝐤𝐢𝐧 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬, 𝐀𝐈𝐓 𝐖𝐨𝐫𝐥𝐝𝐰𝐢𝐝𝐞 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬, 𝐈𝐧𝐜., 𝐂𝐖𝐓 𝐏𝐭𝐞. 𝐋𝐢𝐦𝐢𝐭𝐞𝐝, 𝐉𝐖𝐃 𝐈𝐧𝐟𝐨𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐏𝐮𝐛𝐥𝐢𝐜 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐋𝐢𝐦𝐢𝐭𝐞𝐝, 𝐎𝐎𝐂𝐋 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐋𝐢𝐦𝐢𝐭𝐞𝐝, 𝐍𝐢𝐜𝐡𝐢𝐫𝐞𝐢 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐆𝐫𝐨𝐮𝐩 𝐈𝐧𝐜., 𝐒𝐅 𝐄𝐱𝐩𝐫𝐞𝐬𝐬, 𝐒𝐂𝐆 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐋𝐢𝐦𝐢𝐭𝐞𝐝, 𝐔𝐧𝐢𝐭𝐞𝐝 𝐏𝐚𝐫𝐜𝐞𝐥 𝐒𝐞𝐫𝐯𝐢𝐜𝐞, 𝐚𝐧𝐝 𝐗𝟐 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐍𝐞𝐭𝐰𝐨𝐫𝐤𝐬.
☑️𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.alliedmarketresearch.com/purchase-enquiry/5412
𝐊𝐞𝐲 𝐅𝐢𝐧𝐝𝐢𝐧𝐠𝐬 𝐎𝐟 𝐓𝐡𝐞 𝐒𝐭𝐮𝐝𝐲
🔸By business type, the cold chain transport segment is expected to register significant growth during the forecast period.
🔸On the basis of end-use industry, the meat, fish, & sea food segment is projected to lead the market, in terms of market share, by the end of the forecast period.
🔸Depending on product, the air conditioning segment is expected to register significant CAGR during the forecast period.
🔸On the basis of technology, the Air Blown segment is projected to lead the market, in terms of market share, by the end of the forecast period.
🔸China dominated the market in 2019, and is expected to maintain its dominance by the end of the forecast period. ASEAN countries are growth frontiers in the Asia-Pacific market, owing to changing food industry outlook in respective countries and changing trade scenarios.
𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐋𝐨𝐠𝐢𝐬𝐭𝐢𝐜𝐬 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
https://www.alliedmarketresearch.com/cold-chain-market - Cold Chain Market Size, Share, Competitive Landscape and Trend Analysis Report by Temperature (Chilled, Frozen), by Type (Refrigerated Storage, Refrigerated Transport, Roadways, Railways, Waterways, Airways), by Technology (Air Blown, Eutectic) and by Application (Fruits Vegetables, Dairy Frozen Desserts, Bakery Confectionary, Meat, Seafood, Drugs Pharmaceuticals): Global Opportunity Analysis and Industry Forecast, 2023-2032
https://www.alliedmarketresearch.com/cold-chain-logistics-market - Cold Chain Logistics Market Size, Share, Competitive Landscape and Trend Analysis Report by End-use Industry (Fruits & Vegetables; Bakery & Confectionary; Dairy & Frozen Desserts; Meat, Fish, & Sea Food; Drugs & Pharmaceuticals; and Others), Business Type (Warehousing and Transportation (Railways, Airways, Roadways and Waterways)): Global Opportunity Analysis and Industry Forecast, 2021-2030
https://www.alliedmarketresearch.com/uk-cold-chain-logistics-market - UK Cold Chain Logistics Market Size, Share, Competitive Landscape and Trend Analysis Report by End User (Fruits & Vegetables, Bakery & Confectionary, Dairy & Frozen Desserts, Meat, Fish, and Sea Food, Drugs & Pharmaceuticals, and Others): Opportunity Analysis and Industry Forecast, 2019-2026.
https://www.alliedmarketresearch.com/cold-chain-tracking-and-monitoring-market - Cold Chain Tracking and Monitoring Market Size, Share, Competitive Landscape and Trend Analysis Report by End User (Healthcare, Food & Beverage, Chemical, Others), by System (Hardware, Software), by Solution (Storage, Transportation): Global Opportunity Analysis and Industry Forecast, 2020-2030
https://www.alliedmarketresearch.com/logistics-market - Logistics Market By Mode of Transport (Railways, Airways, Roadways, Waterways), By End Use (Healthcare, Manufacturing, Aerospace, Telecommunication, Government and Public Utilities, Banking and Financial Services, Retail, Media and Entertainment, Technology, Trade and Transportation, Others), By Model (1PL, 2PL, 3PL, 4PL): Global Opportunity Analysis and Industry Forecast, 2023-2032
David Correa
Allied Market Research
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