Asia-Pacific Cold Chain Market Size, Share, Trends & Growth Forecast Report By Type (Refrigerated Storage and Transport), Temperature Type (Chilled and Frozen), Technology (Air Blown and Eutectic), Application (Fruits And Vegetables, Bakery And Confectionery, Dairy, Meat, Fish And Seafood) and Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of Asia-Pacific), Industry Analysis From 2024 to 2032

Updated On: June, 2024
ID: 2547
Pages: 142

Asia-Pacific Cold Chain Market Size

The cold chain market size in Asia-Pacific was valued at USD 50.97 billion in 2023. The regional market size is anticipated to grow at a CAGR of 8.37% from 2024 to 2032 and be worth USD 105.07 billion by 2032 from USD 55.24 billion in 2024.

A temperature-monitored supply chain is branded as a Cold Chain. Cold Chains are used to improve and maintain the shelf life of fresh agricultural products, frozen foods, seafood, dairy, bakery, and confectionary merchandise. Cold chain goods and products are perishable and are always on the way to end-users or to further distribution channels; hence, they are referred to as cargo. A continual series of refrigerated production, storage, and supply activities, along with the accompanying equipment and logistics, which sustain the requisite low-temperature choice, is labeled as an Unbroken Cold Chain because temperature maintenance is mandatory almost all the time throughout transport and storage till the end use of consumption.

MARKET DRIVERS 

The Asia Pacific Cold Chain Market is set to expand due to growing consumer demand for goods involving cold supply chains like dairy products, fresh vegetables and fruits, etc. Further, rapid growth of international trade of perishable foods, technological progress in refrigerated transport and storage, infrastructure development support by the government and the upsurge in enlargement of food retail chains by MNCs are the major driving factors for the growth of the Asia-Pacific Cold Chain Market. In the Asia-Pacific, the increasing population of emerging countries, with their growing health consciousness and disposable incomes, is the major driving force of the market.

MARKET RESTRAINTS

The high costs associated with the temperature management equipment are the constraints faced by the Asia-Pacific Cold Chain market.

REGIONAL ANALYSIS

Asia Pacific is one of the most lucrative markets for the growth of the Cold Chain market and is projected to grow with the highest CAGR of 10.2% during the forecast period. Factors such as growing demand, rising consumer expenditure, and emerging economies in countries such as India and China are predicted to lead to the growth of the market in this region.

KEY MARKET PLAYERS

Companies playing a major role in the Asia-Pacific cold chain market include Americold Logistics (U.S.), Preferred Freezer Services (U.S.), Burris Logistics (U.S.), Lineage Logistics Holding LLC (U.S.) and Nichirei Logistics Group Inc. (Japan).

MARKET SEGMENTATION

This research report on the Asia-Pacific cold chain market is segmented and sub-segmented into the following categories.

By Type

  • Refrigerated Storage
  • Transport

By Temperature Type

  • Chilled
  • Frozen

By Technology

  • Air Blown
  • Eutectic

By Application

  • Fruits And Vegetables
  • Bakery And Confectionery
  • Dairy
  • Meat
  • Fish And Seafood

By Country

  • India
  • China
  • Japan
  • South Korea
  • Australia
  • New Zealand
  • Thailand
  • Malaysia
  • Vietnam
  • Philippines
  • Indonesia
  • Singapore
  • Rest of Asia-Pacific

Please wait. . . . Your request is being processed

Related Reports

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample