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Cold Chain Logistics Market
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Cold Chain Logistics Market

Author: Swarup Sahu - Senior Consultant, Report ID - DS2003002, Published - November 2024

Segmented in Service Type (Storage, Transportation, Monitoring), Temperature Range (Frozen, Chilled, Ambient), End-Use Industry and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2023 – 2033

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Cold Chain Logistics Market Outlook

Maintaining the integrity of goods during transportation has become crucial across various industries through the efficient use of cold chain logistics systems from start to finish. The cold chain logistics market was valued at around USD 285 billion in 2023 and is expected to grow to USD 614 billion by 2030 and possibly up to USD 1.1 trillion by 2035 with a compound annual growth rate (CAGR) of 11.6%. This growth is fueled by the increasing demand for produce as well, as temperature sensitive pharmaceutical products and high value food items.


The field of chain logistics involves various services that regulate the temperature of perishable goods during their storage and transportation process to ensure freshness and quality control in industries such as food and pharmaceuticals where precise temperature control is vital, for product safety and efficacy. The key elements comprise refrigerated storage facilities, careful temperature monitoring and specialized transportation methods customized to uphold the temperature standards across the entire supply chain.


Market Size Forecast & Key Insights

2018
$285B2023
2028
$854B2033

Absolute Growth Opportunity = $569B

The Cold Chain Logistics market is projected to grow from $285.0 billion in 2023 to $854 billion in 2033. This represents a CAGR of 11.6%, reflecting rising demand across Food & Beverages, Chemicals and Pharmaceuticals.

The Cold Chain Logistics market is set to add $569 billion between 2023 and 2033, with service providers targeting Pharmaceuticals & Chemicals End-Use Industry projected to gain a larger market share.

With Growing demand for perishable goods, and Expansion of the pharmaceutical industry, Cold Chain Logistics market to expand 200% between 2023 and 2033.

Opportunities in the Cold Chain Logistics Market

Integration with Blockchain Technology

Utilizing technology enhances the trustworthiness and safety of cold chain logistics by offering transparency and traceability.

Emergence of Green Logistics Solutions and Expansion in Emerging Economies

The move towards implementing methods in cold chain logistics like using environmentally friendly refrigerants and energy efficient storage options offers chances, for expansion.

With the increase in incomes in developing countries there is a growing need, for cold chain infrastructure to support the transportation of fresh food and pharmaceutical products.

Growth Opportunities in North America and Asia-Pacific

Asia Pacific Outlook

In the Asia Pacific region there is an increase in the development of cold chain logistics particularly in China and India. This growth is fueled by the growing need for food and healthcare items. Key companies such, as Kuehoe + Nagel and DHL are extending their services to cater to this demand.

North America Outlook

In North Americas cold chain logistics sector for food and pharmaceutical sectors are thriving with players such, as Americold and UPS enhancing cold storage and transportation solutions.

North America Outlook

In North Americas cold chain logistics sector for food and pharmaceutical sectors are thriving with players such, as Americold and UPS enhancing cold storage and transportation solutions.

Asia-Pacific Outlook

In the Asia Pacific region there is an increase in the development of cold chain logistics particularly in China and India. This growth is fueled by the growing need for food and healthcare items. Key companies such, as Kuehoe + Nagel and DHL are extending their services to cater to this demand.

Growth Opportunities in North America and Asia-Pacific

Established and Emerging Market's Growth Trend 2024–2033

1

Major Markets : United States, China, Germany, Japan, India are expected to grow at 8.5% to 12.2% CAGR

2

Emerging Markets : Brazil, Mexico, Indonesia are expected to grow at 11.1% to 14.5% CAGR

Market Analysis Chart

The cold chain logistics industry is propelled by an increasing need for items and medications as well as improvements in IoT surveillance technology; notwithstanding this progressions come with some challenges like expensive costs and infrastructure limitations in specific areas that act as obstacles to growth potential; however there are prospects available, in environmentally friendly logistics alternatives, newly developing markets and the merging of blockchain technology.

Recent Developments and Technological Advancement

October 2023

DHL unveiled a state of the art temperature controlled facility to boost its capabilities, in logistics."

August 2023

Americold introduced an automated cold storage facility to cater to the increasing needs of the food industry.

June 2023

Lineage Logistics collaborated with Sensitech to implement temperature monitoring systems enabled by technology throughout its vehicle fleet.

Advancements in cold chain logistics highlight the industrys focus on improving efficiency and dependability. DHL's latest temperature controlled facility strengthens its pharmaceutical services to meet the increasing demand for vaccine distribution. Automated cold storage at Americold demonstrates the move towards automation in food logistics.

Impact of Industry Transitions on the Cold Chain Logistics Market

As a core segment of the Logistics Services industry, the Cold Chain Logistics market develops in line with broader industry shifts. Over recent years, transitions such as Rise of Automated Cold Storage Facilities and Increase in E-commerce for Perishable Goods have redefined priorities across the Logistics Services sector, influencing how the Cold Chain Logistics market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Rise of Automated Cold Storage Facilities:

Automated storage facilities and systems help simplify chain operations by cutting down on labor expenses and enhancing overall effectiveness.

2

Increase in E-commerce for Perishable Goods:

The rise in popularity of grocery and food delivery services is leading to an increased need, for dependable cold chain logistics to maintain the quality of products.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Logistics Services industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Logistics Services industry cascade into the Cold Chain Logistics market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Growing Demand for Perishable Goods, and Advances in IoT and Temperature Monitoring

The increasing demand for food worldwide is also pushing for improved cold chain logistics systems to be in place efficiently, within urban areas.
also Advances in real time monitoring technology and IoT devices improve the efficiency of chain logistics by maintaining accurate temperature control and minimizing product spoilage.
The pharmaceutical industry heavily also depends on cold chain logistics due to the growing need, for vaccines and temperature sensitive drugs.

Restraint: High Operational Costs, and Infrastructure Limitations in Emerging Markets

Ensuring the handling of temperature sensitive products involves substantial investments in infrastructure setup and monitoring tools. This results, in operational expenses.
Emerging markets may face challenges, with their cold storage and transportation infrastructure which could impede market expansion.

Challenge: Lack of Standardization

Managing cold chain logistics on a scale can be quite challenging due to the different standards, in various countries.

Supply Chain Landscape

Equipment Supplier

Carrier

Thermo King

Daikin

Logistics Provider

Americold

Lineage Logistics

DHL

Monitoring Solution Provider
Sensitech / Controlant / Monnit
End-User
Nestle / Pfizer / Dole Food Company
Equipment Supplier

Carrier

Thermo King

Daikin

Logistics Provider

Americold

Lineage Logistics

DHL

Monitoring Solution Provider

Sensitech

Controlant

Monnit

End-User

Nestle

Pfizer

Dole Food Company

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Leading Providers and Their Strategies

Application AreaIndustryLeading ProvidersProvider Strategies
Food & Beverages
Perishable Goods
Americold
Offering automated cold storage solutions to preserve product quality
Pharmaceuticals
Healthcare
DHL
Expanding temperature-controlled facilities for safe pharmaceutical transport
Chemicals
Industrial
DB Schenker
Providing tailored cold chain logistics for sensitive chemicals
Agriculture
Fresh Produce
AgroMerchant Group
Specializing in cold storage and transport for agricultural products

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Cold Chain Logistics market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Cold Chain Logistics in Chemicals, Pharmaceuticals and Food & Beverages

Chemicals

Chemical logistics services by DB Schenker and Kuehe + Nagel focus on maintaining stability and preventing reactions for sensitive compounds through specialized solutions, in cold chain logistics.

Pharmaceuticals

Temperature regulated transportation systems guarantee the delivery of delicate pharmaceutical products like vaccines and biologics while upholding strict temperature control standards in the process of shipping them internationally. Industry leaders like UPS and DHL are playing integral roles in this field.

Food & Beverages

Cold chain logistics plays a role in the transportation of perishable food items like fresh fruits and vegetables and dairy and meat products to ensure their quality remains intact throughout the entire journey. Americold and Lineage Logistics are well known players, in this field.

Cold Chain Logistics vs. Substitutes:
Performance and Positioning Analysis

Although there are plenty of affordable logistics solutions that don't require temperature control measures in place and are cost effective at the time; however cold chain logistics play a crucial role in maintaining the quality of perishable goods intact. The cold chain logistics industry is anticipated to continue flourishing as there is a growing desire for freshness and high standards, in products despite the variety of other options available.

Cold Chain Logistics
  • Dry Chain /
  • Non Temperature Controlled Logistic /
  • Standard Freight Transport
    Ensures Product Quality and Freshness
    Higher Operational Costs
    Lower Cost
    Limited to Non-Perishable Goods

Cold Chain Logistics vs. Substitutes:
Performance and Positioning Analysis

Cold Chain Logistics

  • Ensures Product Quality and Freshness
  • Higher Operational Costs

Dry Chain / Non Temperature Controlled Logistic / Standard Freight Transport

  • Lower Cost
  • Limited to Non-Perishable Goods

Although there are plenty of affordable logistics solutions that don't require temperature control measures in place and are cost effective at the time; however cold chain logistics play a crucial role in maintaining the quality of perishable goods intact. The cold chain logistics industry is anticipated to continue flourishing as there is a growing desire for freshness and high standards, in products despite the variety of other options available.

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Research Methodology

This market research methodology defines the Cold Chain Logistics market scope, captures reliable data, and validates findings through integrated primary and secondary research. The framework ensures accurate market sizing, demand-supply analysis, and competitive benchmarking specific to service-driven business models.


Secondary Research Approach


We begin secondary research by defining the targeted market at both global and regional levels. Positioned within the Logistics Services ecosystem, we analyze Cold Chain Logistics adoption across Storage, Transportation, and Monitoring Applications. Data is systematically collected from Professional Associations, Industry-specific Service Registries, company annual reports, country level ministerial sources and other credential sources, enabling detailed mapping of service delivery models, pricing structures, regulatory compliance, and technology enablers.


Key Sources Referenced:


We benchmark service providers such as DHL, Americold, and Lineage Logistics, using industry databases, client case studies, annual reports, and partnership disclosures. This secondary research identifies market drivers and constraints, providing the foundation for validation through primary research.


Primary Research Methods


We conduct structured interviews and surveys with industry stakeholders, including Equipment Supplier, Logistics Provider, and Monitoring Solution Provider. Our geographic coverage spans Americas (45%), Europe (30%), and Asia-Pacific (25%) and Middle East & Africa (5%). Our online surveys generally secure a 70% response rate, while in-depth interviews achieve 84% engagement, ensuring a 91% confidence level with ±8.5% margin of error.


Through targeted questionnaires and in-depth interviews, we capture customer satisfaction, vendor selection criteria, service delivery effectiveness, outsourcing vs in-house trade-offs, and post-service value realization. We use interview guides to ensure consistency and anonymous survey options to mitigate response bias. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering and Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Company Market Share approaches to estimate and project market size with precision.


Top-down and Bottom-up Process


In the Top-down approach, we disaggregate the global Logistics Services revenues to estimate the Cold Chain Logistics segment, guided by enterprise spending, outsourcing penetration, and service intensity ratios. In the Bottom-up approach, we aggregate project-level, contract-level, and client-spending data at the country and industry levels to construct detailed adoption models. By reconciling both methods, we ensure forecast accuracy and statistical robustness.


We evaluate the service value chain, covering Equipment Supplier (Carrier, Thermo King), Logistics Provider (Americold, Lineage Logistics), and Monitoring Solution Provider. Our parallel substitute analysis examines alternative models such as Dry Chain, Non Temperature Controlled Logistic, and Standard Freight Transport, highlighting diversification opportunities and competitive risks.


Company Market Share and Benchmarking


We benchmark leading service providers such as DHL, Americold, and Lineage Logistics, evaluating their strengths in workforce capacity, global delivery centers, client engagement models, pricing competitiveness, and digital transformation capabilities. By analyzing company revenues, service portfolios, and client contracts, we derive comparative market shares, competitive positioning and growth trajectories across the ecosystem.


Our integration of data triangulation, contract analysis, and company benchmarking, supported by our proprietary Directional Superposition methodology, ensures us precise forecasts and actionable strategic insights into the Cold Chain Logistics market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Cold Chain Logistics Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2024USD 318 billion
Revenue Forecast in 2033USD 854 billion
Growth RateCAGR of 11.6% from 2024 to 2033
Base Year for Estimation2023
Industry Revenue 2023285 billion
Growth OpportunityUSD 569 billion
Historical Data2018 - 2022
Growth Projection / Forecast Period2024 - 2033
Market Size UnitsMarket Revenue in USD billion and Industry Statistics
Market Size 2023285 billion USD
Market Size 2026396 billion USD
Market Size 2028493 billion USD
Market Size 2030614 billion USD
Market Size 2033854 billion USD
Market Size 20351.06 trillion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredService Type, Temperature Range, End-Use Industry
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledDHL, Americold, Lineage Logistics, Kuehne + Nagel, DB Schenker, United Parcel Service (UPS), FedEx, AgroMerchant Group, Controlant, Sensitech, Monnit and Thermo King
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Cold Chain Logistics Market Size, Opportunities & Strategic Insights, by Service Type

4.1Storage
4.2Transportation
4.3Monitoring
Chapter 5

Cold Chain Logistics Market Size, Opportunities & Strategic Insights, by Temperature Range

5.1Frozen
5.2Chilled
5.3Ambient
Chapter 6

Cold Chain Logistics Market Size, Opportunities & Strategic Insights, by End-Use Industry

6.1Food & Beverages
6.2Pharmaceuticals
6.3Chemicals
6.4Dairy
6.5Agriculture
Chapter 7

Cold Chain Logistics Market, by Region

7.1North America Cold Chain Logistics Market Size, Opportunities, Key Trends & Strategic Insights
7.1.1U.S.
7.1.2Canada
7.2Europe Cold Chain Logistics Market Size, Opportunities, Key Trends & Strategic Insights
7.2.1Germany
7.2.2France
7.2.3UK
7.2.4Italy
7.2.5The Netherlands
7.2.6Rest of EU
7.3Asia Pacific Cold Chain Logistics Market Size, Opportunities, Key Trends & Strategic Insights
7.3.1China
7.3.2Japan
7.3.3South Korea
7.3.4India
7.3.5Australia
7.3.6Thailand
7.3.7Rest of APAC
7.4Middle East & Africa Cold Chain Logistics Market Size, Opportunities, Key Trends & Strategic Insights
7.4.1Saudi Arabia
7.4.2United Arab Emirates
7.4.3South Africa
7.4.4Rest of MEA
7.5Latin America Cold Chain Logistics Market Size, Opportunities, Key Trends & Strategic Insights
7.5.1Brazil
7.5.2Mexico
7.5.3Rest of LA
7.6CIS Cold Chain Logistics Market Size, Opportunities, Key Trends & Strategic Insights
7.6.1Russia
7.6.2Rest of CIS
Chapter 8

Competitive Landscape

8.1Competitive Dashboard & Market Share Analysis
8.2Company Profiles (Overview, Financials, Developments, SWOT)
8.2.1DHL
8.2.2Americold
8.2.3Lineage Logistics
8.2.4Kuehne + Nagel
8.2.5DB Schenker
8.2.6United Parcel Service (UPS)
8.2.7FedEx
8.2.8AgroMerchant Group
8.2.9Controlant
8.2.10Sensitech
8.2.11Monnit
8.2.12Thermo King