Market Forecast by Countries (China, India, Japan, Australia, Indonesia, Philippines, Thailand, Malaysia, Rest of Asia), By Temperature Type (Frozen, Chilled), By Type (Refrigerated warehousing, Refrigerated transport), By Application (Dairy & frozen desserts, Fish, meat, and seafood products, Bakery & confectionery products, Fruits & vegetables, Others) And Competitive Landscape
Product Code: ETC394540 | Publication Date: Aug 2022 | Updated Date: Nov 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
Report Name | Asia Pacific Cold Chain Market |
 Base Year | 2022 |
 Historical Period | 2019-2022 |
 Forecast Period | 2023-2029 |
 Growth Rate (CAGR) | 3.8% |
 Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
 Segment Coverage | By Countries, By Temperature Type, By Type, By Application |
 Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
 Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
Asia Pacific Cold Chain Market report thoroughly covers the market by temperature type, by type, by applications, and by countries. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Asia Pacific Cold Chain Market is estimated to gain momentum in the country with the growing demand for perishable products and emergence of ecommerce platforms. Rising consumption of fresh and frozen food products, including seafood, meat, and fruits & vegetables, this surges the need for cold chain logistics. The rising expansion of online grocery shopping has boosted the demand for cold storage to deliver perishable goods to consumers' doorsteps safely and fresh. Urbanization has led to changes in consumer consumption patterns due to changing lifestyles, as more people now look for comprehensive varieties of fresh and frozen foods. This drives the requirement for efficient cold storage.
According to 6Wresearch, the Asia Pacific Cold Chain Market size is estimated to augment at a CAGR of around 3.8% during the forecast period 2023-2029. The market growth is influenced by various factors such as growing cold storage use across various sectors, including pharmaceutical and biotechnology and increasing consumer demand for frozen food items. Furthermore, the pharmaceutical and biotechnology industries in the Asia Pacific region are generating high adoption for cold chain infrastructure to maintain relevant temperatures for certain sensitive medications and vaccines. Moreover, with the rising environmental concerns, manufacturers are now developing eco-friendly and energy-efficient cold chain solutions. Also, the rising availability of energy-efficient cold storage systems is leaving a positive impact on their adoption, as people are switching to attain less energy cost. Nevertheless, the market faces numerous challenges that might be proven hindrances to the Asia Pacific Cold Chain Market growth, such as high energy & installation costs and infrastructure gaps. However, advancements in cold chain technologies, like real-time monitoring and IoT (Internet of Things) sensors, enable for monitoring, tracking, and temperature cold.
The pandemic had left a significant impact on the Asia Pacific Cold Chain Market. As the COVID-19 had surged the cold logistic need to maintain specific temperature, particularly for low temperature vaccines like Pfizer-BioNTech. Pharmaceutical Cold Chain requirement had impacted market tremendously, as the industry had surged the need for cold storages to keep vaccines, medications, and other healthcare products at low temperature. The lockdowns had boosted the demand for frozen and fresh food products, leading to a higher adoption of cold chains.
Some companies are operating in the country include:
The Asia Pacific Cold Chain Market share is estimated to secure a double-digit growth in the country underpinned by the government has been introducing several policies supporting the market growth. Firstly, the government facilitates the distribution of vaccines, medications, and healthcare products, especially during the health crisis like COVID-19 pandemic. The government has been investing in logistics infrastructure, which include cold storage facilities and transportation networks, in order to improve the efficiency and reliability of the cold chain. Food Safety Regulations are another favorable policy leaving a positive impact on the cold chain industry in Asia Pacific, as these regulations include food safety measures coupled with regulations for transportation and storage of perishable food products, leading to boost the demand for cold storages.
According to Dhaval Research Manager, 6Wresearch, it is difficult to say which is growing currently, as all the segments including Dairy & Frozen Desserts, Fish, Meat, And Seafood Products, Bakery & Confectionery Products, and Fruits & Vegetables are generating high demand for cold storages due to high consumption rate of each food items. Â
Based on the type, both the segments have been gaining traction in the market, however, refrigerated transport may have been slightly higher growth, driven by aspects like the rise of online grocery shopping and the need for efficient last-mile delivery of perishable goods.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Asia Pacific Cold Chain Market Overview |
3.1 Asia Pacific Regional Macro Economic Indicators |
3.2 Asia Pacific Cold Chain Market Revenues & Volume, 2022 & 2029F |
3.3 Asia Pacific Cold Chain Market - Industry Life Cycle |
3.4 Asia Pacific Cold Chain Market - Porter's Five Forces |
3.5 Asia Pacific Cold Chain Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.6 Asia Pacific Cold Chain Market Revenues & Volume Share, By Temperature Type, 2022 & 2029F |
3.7 Asia Pacific Cold Chain Market Revenues & Volume Share, By Type, 2022 & 2029F |
3.8 Asia Pacific Cold Chain Market Revenues & Volume Share, By Application, 2022 & 2029F |
4 Asia Pacific Cold Chain Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Asia Pacific Cold Chain Market Trends |
6 Asia Pacific Cold Chain Market, 2019 - 2029 |
6.1 Asia Pacific Cold Chain Market, Revenues & Volume, By Temperature Type, 2019 - 2029 |
6.2 Asia Pacific Cold Chain Market, Revenues & Volume, By Type, 2019 - 2029 |
6.3 Asia Pacific Cold Chain Market, Revenues & Volume, By Application, 2019 - 2029 |
7 China Cold Chain Market, 2019 - 2029 |
7.1 China Cold Chain Market, Revenues & Volume, By Temperature Type, 2019 - 2029 |
7.2 China Cold Chain Market, Revenues & Volume, By Type, 2019 - 2029 |
7.3 China Cold Chain Market, Revenues & Volume, By Application, 2019 - 2029 |
8 India Cold Chain Market, 2019 - 2029 |
8.1 India Cold Chain Market, Revenues & Volume, By Temperature Type, 2019 - 2029 |
8.2 India Cold Chain Market, Revenues & Volume, By Type, 2019 - 2029 |
8.3 India Cold Chain Market, Revenues & Volume, By Application, 2019 - 2029 |
9 Japan Cold Chain Market, 2019 - 2029 |
9.1 Japan Cold Chain Market, Revenues & Volume, By Temperature Type, 2019 - 2029 |
9.2 Japan Cold Chain Market, Revenues & Volume, By Type, 2019 - 2029 |
9.3 Japan Cold Chain Market, Revenues & Volume, By Application, 2019 - 2029 |
10 Australia Cold Chain Market, 2019 - 2029 |
10.1 Australia Cold Chain Market, Revenues & Volume, By Temperature Type, 2019 - 2029 |
10.2 Australia Cold Chain Market, Revenues & Volume, By Type, 2019 - 2029 |
10.3 Australia Cold Chain Market, Revenues & Volume, By Application, 2019 - 2029 |
11 Indonesia Cold Chain Market, 2019 - 2029 |
11.1 Indonesia Cold Chain Market, Revenues & Volume, By Temperature Type, 2019 - 2029 |
11.2 Indonesia Cold Chain Market, Revenues & Volume, By Type, 2019 - 2029 |
11.3 Indonesia Cold Chain Market, Revenues & Volume, By Application, 2019 - 2029 |
12 Philippines Cold Chain Market, 2019 - 2029 |
12.1 Philippines Cold Chain Market, Revenues & Volume, By Temperature Type, 2019 - 2029 |
12.2 Philippines Cold Chain Market, Revenues & Volume, By Type, 2019 - 2029 |
12.3 Philippines Cold Chain Market, Revenues & Volume, By Application, 2019 - 2029 |
13 Malaysia Cold Chain Market, 2019 - 2029 |
13.1 Malaysia Cold Chain Market, Revenues & Volume, By Temperature Type, 2019 - 2029 |
13.2 Malaysia Cold Chain Market, Revenues & Volume, By Type, 2019 - 2029 |
13.3 Malaysia Cold Chain Market, Revenues & Volume, By Application, 2019 - 2029 |
14 Rest of Asia Cold Chain Market, 2019 - 2029 |
14.1 Rest of Asia Cold Chain Market, Revenues & Volume, By Temperature Type, 2019 - 2029 |
14.2 Rest of Asia Cold Chain Market, Revenues & Volume, By Type, 2019 - 2029 |
14.3 Rest of Asia Cold Chain Market, Revenues & Volume, By Application, 2019 - 2029 |
11 Asia Pacific Cold Chain Market Key Performance Indicators |
12 Asia Pacific Cold Chain Market - Opportunity Assessment |
12.1 Asia Pacific Cold Chain Market Opportunity Assessment, By Countries, 2022 & 2029F |
12.2 Asia Pacific Cold Chain Market Opportunity Assessment, By Temperature Type, 2022 & 2029F |
12.3 Asia Pacific Cold Chain Market Opportunity Assessment, By Type, 2022 & 2029F |
12.4 Asia Pacific Cold Chain Market Opportunity Assessment, By Application, 2022 & 2029F |
13 Asia Pacific Cold Chain Market - Competitive Landscape |
13.1 Asia Pacific Cold Chain Market Revenue Share, By Companies, 2022 |
13.2 Asia Pacific Cold Chain Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |